1991 BMW M5

A few weeks ago, Paul took a look at a beautiful 1991 M5, a car often lost in the shuffle. It’s not that it wasn’t an impressive car; it’s just that the cars that bookend it have been lumped into “Legendary” status and the E34 model has not. The E28, long also ignored, has finally gotten the recognition it deserves as a fantastic and great looking sports sedan; similarly, the 400 horsepower E39 – the car that redefined the market – is already being considered by most the car to have. That leaves the smart buyer to look at the quite stylish, silly fast E34 model, most notable for being the last of the “handbuilt” M cars. Today, there’s a nice example on Craigslist:

CLICK FOR DETAILS: 1991 BMW M5 on Ebay

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1988 BMW M5

Recently, co-author Nate here at German Cars For Sale Blog refreshed his 1988 M5 and has been raving about it. These super-sedans have been generally following the 1980s BMW trend upwards in value over the past few years, though in my M5 Roundup a few weeks ago I pointed out that didn’t necessarily mean you should buy the first example that you can afford. Today there is another E28 M5 up for consideration; looking splendid in Euro-bumper and headlight trim, it’s certainly looking the part – but will it be the one to buy?

CLICK FOR DETAILS: 1988 BMW M5 on eBay

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E28 M5 Roundup

Has it really been 4 months since we looked at a 1988 BMW M5? Fellow author Nate has just refreshed his M5 and been raving about it once again. It’s easy to understand why; with a 1988 M5 in my family also, I’ve had the pleasure of driving the legend that has become the M5 many times and it’s enjoyable in every single instance. These M cars have also been one of the best values in classic BMW ownership for a while, though that’s been changing over the past year or two. But like the Audi C4 S4/S6, owners of these classic but traditionally more affordable have enjoyed driving them and most have higher miles by this point in life. Despite that, aided by reports by classic magazine and online sensations like Chris Harris, the star that was the M5 has gotten even higher in the sky and they’re all on their way up in value. Time to jump in, then? There are three E28 M5s on Ebay right now, and you can have any color you’d like, as long as it’s black:

CLICK FOR DETAILS: 1988 BMW M5 on eBay

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Big Coupes: BMW M6 Roundup

If you want a grand coupe, room for 4 in a pinch, looks to melt hearts and minds and a race car soundtrack, the E24 M6 and M635CSi are one of the few options for you. A supreme autobahn blitzer capable of hanging with sports cars on back roads, the M6 has a pretty unique skill set hidden beneath that flowing exterior. Right now, there are five great condition Ms up on Ebay, so I thought it was time to do a roundup of what was available and take a look at the options. The first is probably the best one money can buy, and not a stranger to these pages. We saw this ultra-low mile museum piece as part of the 1980s BMW M “Holy Trinity” post I did last fall, and while the location and seller has changed, the condition hasn’t:

CLICK FOR DETAILS: 1988 BMW M6 on eBay

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1988 BMW M6

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As my E28 sits in the shop for some serious work, I’ve been reexamining the haste with which I jumped into an almost 200k-mile 80s BMW. Would I have been wiser to heed the common cries (often my own!) of “buy low mileage, save the headaches!” I’m young and dumb, but more than that, I was excited about having a rebuild already taken care of and having a car I could drive without reservation. If I were a little older and a little wiser (and had a bigger bank account), I’d probably go for lower mileage, but 80s BMWs will most likely be seriously expensive at that point. So jump in while you can folks, and snag the good ones. This 104k-mile M6 appears to be one of the good ones.

Click for more details: 1988 BMW M6 on eBay

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First production 1992 BMW M5 Touring for sale

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M5 tourings command a lot of attention on this side of the pond, regardless of generation. I’ve seen an E61 M5 in person thanks to some clever license plating, but only pictures of the E34 and dreams of the prototyped E39. Some clever chap bought this E34 M5, the very first produced, from the original owner 6 years ago and had it professionally imported to the US. Clearly someone with an eye for that kind of provenance cares more than a little, and a high-quality repaint from top to bottom along with a reskinned interior show the lengths he was willing to go to make this a prime example. No matter how much rebuilding happens, you can’t turn back miles, but an engine and transmission replacement means it has more like 150k than 220k. You’ve got a few years left before E34s are legal to import, and you’ll never get a chance to buy the first Touring.

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Year: 1992
Model: E34 M5 Touring
Engine: S38B38 3.8 liter inline-6
Transmission: 5-speed manual
Mileage: 295,000 km (~ 220,000 mi)
Price: Reserve-on auction, $40k Buy-It-Now

Click for more details: 1992 BMW E34 M5 Touring on eBay

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I am the proud owner of first M5 touring ever produced. I imported it from Germany and had it federalized by Barry Taylor Enterprises in Richmond, Ca. Here’s a link to the world wide M5 Touring Registry :http://www.bmwmregistry.com/models.php?id=25, my car is at the top. BMW made 891 Tourings and never brought them to the USA. I have owned my car for 5 years and it’s time for a change. If you are looking at this ad you know how rare and special these tourings are. Here’s a link to great information on the E34 M5 http://www.bmwmregistry.com/model_faq.php?id=12

Here are pictures from Germany before I bought the touring:
http://euromcars.com/gschultz/04-09-07/

History:
In the beginning of 2007 I stated to browse the German car site Mobile.de for an M5 touring. I saw my car and had my friend who runs euromcars.com go and check it out. It turns out the car is the first M5 touring to be built. There is some dispute with my car’s vin ending with BL01001 and there’s a BL 01000 but the experts in Germany insist that mine was done first. I purchased the car and had it federalized by now retired Barry Taylor Enterprises. He had been in the car importation business for over 45 years. It took until the middle of 2007 for me to get my car. I bought the car from the original owner.

Condition:
Exterior- I had a complete paint job in ’08. I just had the hood, roof, bumper, and grille re-sprayed. It had picked up too many stone chips. The wheels were refinished 2 months ago. I just installed all new euro bumper strips. It looks pretty good. The front bumper was bead blasted down to clean plastic and painted. The body shop felt this the best way to make it like new.

Interior- Very clean, I’ve had all of the seats recovered with good leather. It gets a ton of complements. The only modification I’ve done was to change the radio to a later BMW CD43 unit with Ipod connection. The iPod cable is near the parking brake. The FM had died in the original. I have replaced the rear window blinds and the rear dog net. I just purchased one of the last sets of OEM black floor mats. The dash is clean with no cracks. The door cards aren’t perfect but I’ve seen much much worse.

Since I’ve owned it I’ve replaced:
Valve adjustment just completed
Fuel pump and CPS
The brakes were replaced the first year I owned the car
Radiator replaced first year
Alternator (February)
PS pump
2-EDC shocks, ordered from Greg at Concord BMW (Great guy)
A/C compressor, has been converted to R134. It blows cool but not cold.
Front steering components
Very recent drive shaft rebuild including guibo and center support bearing.

I have just passed strict California smog inspection. It burns virtually no oil. A fellow E34 M5 owner came by and asked me to start it up while cold. He was utterly amazed at how smooth it idled. We tried to balance coins on the plenum. This phrase is used a lot but I would truly drive this car cross country without fear.

I bought the car with 295,000 kilometers and it now has approximately 369k or about 220,000 miles. It had a factory engine and transmission replaced in Germany at about 100k kilometers. With 220,000 miles it’s not ready for a concourse but it’s in very good condition.

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This is a definite unicorn and the owner knows it. The cleanliness inside and out is impressive and when stacked with first-born history, it’s a serious counterbalance to the mileage. He’s going to a get a very nice price, and someone else can have an ///M trump card for the shows without worrying about driving it.

-NR

1988 BMW M5

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The E28 M5 appreciation I speculated on last week appears to be spreading. Not too long ago, a good-condition, middling mileage 1988 M5 would go for low-to-mid teens; it now looks like they could soon cross the $20k threshold, a ceiling recently shattered by “average” E30 M3s. Personally, this is a nice reminder as my M5 comes up on some gut-wrenchingly expensive transmission work that these are special cars. Going into it, I mostly planned on it not depreciating any further, but appreciation is a nice thought. Today’s 155k-miler doesn’t have a lot of info in the add, but inside and out it shows signs of love and care. Does that make it worth a few tanks of gas shy of $20k? We shall see.

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Year: 1988
Model: M5
Engine: 3.5 liter inline-6
Transmission: 5-speed manual
Mileage: 155,000 mi
Price: $19,500

Click for more details: 1988 BMW M5 on eBay

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Black Exterior, Tan Interior
Strong Engine & Transmission
Original, Documented 155,000 Miles
Amazing Drive
Full Tune-Up Recently Done
Great Condition
Original Wheels Available
More Pictures Coming Soon!
Serious Buyers Only!

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The available BBS RCs are a popular choice, but I’d go with the originals. After hearing of many receiving engine rebuilds around 200k, I thought that was the rule of thumb, but I have recently learned that many go well beyond 300k miles. You can only really find out by trying though, which can be an expensive risk to take. Either way, this is a very pretty M5. If you’re interested in the howling S38 in a four door sleeper, it’s looking like the time to buy before they go up anymore. I’d offer $15k on this and go from there.

-NR

Holy Trinity? Market-setting E28 M5, E24 M6 and E30 M3

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There aren’t many new laurels that can be thrown on the BMW M cars from the 1980s. They are regarded as the source of the modern sports sedan and sports coupe; the blueprints, the originators. Those in the know bought these cars a few years ago when they hit their respective lows; since then, the M1, M3, M5 and M6 have all been increasing in value steadily. Call it a run on the markets, but as speculation and values have increased more and more “survivors” and “barn finds” keep popping up to keep the fervor frothy. Just the other day, Nate wrote up a trio of M5s that were attempting to set the market for higher mile cars in the high teens. If those owners were aiming for the sky, today’s seller is shooting for Jupiter; today on Ebay are the “Holy Trinity” of E30 M3 Evo, E24 M6 and E28 M5. Collective miles? 34,803. Collective asking price? $475,500. Now that I have your attention, let’s look at the pristine M5:

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Year: 1988
Model: M5
Engine: 3.5 liter inline-6
Transmission: 5-speed manual
Mileage: 6,376 mi
Price: $158,500 Buy It Now

CLICK FOR DETAILS: 1988 BMW M5 on eBay

1988 BMW M5
ORIGINAL with just 6,376 MILES

FINEST AVAILABLE!!!

INCREDIBLY WELL-PRESERVED PRISTINE ORIGINAL CONDITION 1988 BMW M5 WHICH HAS COVERED ONLY A SCANT 6.376 MILES!!!

COMPLETELY STOCK (COMES WITH ORIGINAL WHEELS NOT PICTURED).

NO ACCIDENTS / NO PAINTWORK.

INTACT & INCLUDED:
Original Keys, Books & Service Records.

Original Tools & Pouch.

Original Jack and Spare.
WILL ASSIST INTERNATIONAL BUYERS.

Message &/or call with any questions (858) 454 – 9898 (9am-9pm PST).
PAYMENT TERMS:
ALL SALES FINAL. FOR SALE/SOLD “AS IS” “WHERE IS.” THERE IS NO WARRANTY NOR GUARANTEE STATED OR IMPLIED. NON-REFUNDABLE $2,000 DEPOSIT VIA PAYPAL DUE WITHIN 24 HOURS OF “BUY IT NOW” &/OR AUCTION END. BALANCE VIA BANK WIRE DUE WITHIN 3 CALENDAR DAYS. NO EXCEPTIONS.

Details are few, but the European market bumpers and headlights really set the look of the E28 apart and make the U.S. version look a bit clunky, in my opinion. There just does not appear to be any wear on this car at all; I’ve never seen the Natur seats in any M5 look like that, and the paint looks amazing. Talk about showroom fresh! 4 doors a bit too much for you? Well, how about this equally pristine M6:

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Year: 1988
Model: M6
Engine: 3.5 liter inline-6
Transmission: 5-speed manual
Mileage: 5,950 mi
Price: $158,500 Buy It Now

CLICK FOR DETAILS: 1988 BMW M6 on eBay

1988 BMW M6
ORIGINAL with just 5,950 MILES

FINEST AVAILABLE!!!

INCREDIBLY WELL-PRESERVED PRISTINE ORIGINAL CONDITION 1988 BMW M6 WHICH HAS COVERED ONLY A SCANT 5.950 MILES!!!

COMPLETELY STOCK (COMES WITH ORIGINAL WHEELS NOT PICTURED).

NO ACCIDENTS / NO PAINTWORK.

INTACT & INCLUDED:
Original Keys, Books & Service Records.

Original Tools & Pouch.

Original Jack and Spare.
WILL ASSIST INTERNATIONAL BUYERS.

Message &/or call with any questions (858) 454 – 9898 (9am-9pm PST).
PAYMENT TERMS:
ALL SALES FINAL. FOR SALE/SOLD “AS IS” “WHERE IS.” THERE IS NO WARRANTY NOR GUARANTEE STATED OR IMPLIED. NON-REFUNDABLE $2,000 DEPOSIT VIA PAYPAL DUE WITHIN 24 HOURS OF “BUY IT NOW” &/OR AUCTION END. BALANCE VIA BANK WIRE DUE WITHIN 3 CALENDAR DAYS. NO EXCEPTIONS.

Low miles? Yep. Lower than the M5, too. At 400 miles a year, this car has been barely driven. The interior also looks amazing, and while I’m not a huge fan of the wheels the originals come with the sale. This particular M6 is one of the half year cars with the updated bumper covers and ellipsoid lights. I love the grey leather in this car, and like the M5 it looks new inside. Not a fan of the sharks? How about this Evo-spec E30 M3 then:

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Year: 1991
Model: M3 Evo
Engine: 2.5 liter inline-4
Transmission: 5-speed manual
Mileage: 22,478 mi
Price: $158,500 Buy It Now

CLICK FOR DETAILS: 1991 BMW M3 on eBay

1988 BMW M3
GENUINE BMW FACTORY EVO UPGRADES
SCANT 22,478 MILES

FINEST AVAILABLE!!!

INCREDIBLY WELL-PRESERVED PRISTINE CONDITION 1991 BMW M3 with GENUINE BMW FACTORY EVO UPGRADES WHICH HAS COVERED ONLY A SCANT 22.478 MILES!!!

COMES WITH ORIGINAL WHEELS NOT PICTURED.

NO ACCIDENTS / NO PAINTWORK.

INTACT & INCLUDED:
Original Keys, Books & Service Records.

Original Tools & Pouch.

Original Jack and Spare.
WILL ASSIST INTERNATIONAL BUYERS.

Message &/or call with any questions (858) 454 – 9898 (9am-9pm PST).
PAYMENT TERMS:
ALL SALES FINAL. FOR SALE/SOLD “AS IS” “WHERE IS.” THERE IS NO WARRANTY NOR GUARANTEE STATED OR IMPLIED. NON-REFUNDABLE $2,000 DEPOSIT VIA PAYPAL DUE WITHIN 24 HOURS OF “BUY IT NOW” &/OR AUCTION END. BALANCE VIA BANK WIRE DUE WITHIN 3 CALENDAR DAYS. NO EXCEPTIONS.

Wow. Like the M6, I’m not a fan of the wheels but the originals are included. This car shows slightly more wear than the M6 and M5 duo, but only slightly. There are a few creases in the leather, but that’s about it. Of the three, this one would typically draw the most money but as it has quadruple the miles of the other two, it’s hard to say if that will be the case this time around.

Value? Go ahead, take your guess. Are they worth $160,000 each? Probably not. Do you want them anyway? Yes, you do. I guess to peg a value on these would require some work; as many have said before, sometimes not having miles on these types of cars is as much a detriment as high miles, but in each case these cars seem to be well cared for. What would a full factory recondition cost to get a higher-mile example up to this standard? Probably not too much less than the asking price. Would it be worth it is entirely up to you; personally, I’d rather have a slightly less pristine example that I could drive, and I bet most of you would too – but like so many other cars we feature, it sure is neat to see such a time capsule grouping.

Which would you choose?

Hat tip to our reader Patrick who sent these along to us!

-Carter

Three28: 3 E28 M5s for sale

After a few missteps in my nearly 2 years of E28 M5 ownership, I recently found some kindred spirits who will hopefully be my mechanics for a while to come. Beyond being good guys who were willing to go through the car step by step with me, the head tech owns one himself and they have several devoted customers who rock the original M5. One was present when I showed up, and his 340k-mile, no-rebuild M5 with a completely redone interior in Cardinal; my mind was blown.

Today we have 3 M5s that are up on eBay right now. For better (for those who own them) or worse (for those who want them), E28 M5s are beginning to show signs of significant appreciation, as each example has clear imperfections but are all priced between $16k and $19.5k. It’s a shame none of these sellers found it worth the time to take decent pictures, but the volume of cars and high prices are worth taking note of. With any of these M5s, records and a thorough PPI would be necessary, but with all signs pointing to fewer than a thousand of these lovely beasts left in the US, repairable imperfections can be overlooked if you decide, like I once did, that you must have one.

The first example is a rare (~70 in US, ~30 in Canada) black interior model. It comes with some interesting (if oversized) 19″ Panasport-type rims, desirable and brighter Euro headlights and grill, and a reasonable 142k miles. The reserve is still on with bidding well below the $18k asking price, which even with my personal investment in appreciation, is a bit high.

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Year: 1988
Model: M5
Engine: 3.5l S38 inline-6
Transmission: 5-speed manual
Mileage: 142,000
Price: Reserve-on auction, $18k BIN

Click for more details: 1988 BMW M5 for sale on eBay

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Rare black on black e28 m5 in excellent condition. This is a true sports car! One of the very few black on black m5’s remaining. Has 142,000 miles. Engine is very strong, excellent paint (no rust or dents), and all fluids have been changed with Red Line Synthetic and Mobil Oil. A great deal of RO’s are on hand. The car has aftermarket 19″ rims as well as the original rims that come along with the car. Bilstein shocks and springs, Moose Head engineering suspension, Good Year tires, headers with awesome sounding exhaust, upgraded m5 steering wheel, short shifter, and Alpine radio. New brakes with drilled front rotors, along with 5-series rear rotors, all new pads and fluid, new radiator and Euro headlights. Car comes with $2,000 worth of parts.This car really does turn on a dime and is a true joy to drive! This car is also listed on the BMW registry.

Next, we have an M5 that appears cleaner in its two pictures. With 155k miles and sitting on BBS RCs, this seller is looking for $19,500. As we’re seeing, fair market value is in flux for these cars, but it’s confusing that someone looking for “serious buyers only!” would ask so much without a proper description or pictures. Having the original wheels means you could recoup some of the purchase price from the expensive and unnecessary BBSs.

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Year: 1988
Model: M5
Engine: 3.5l S38 inline-6
Transmission: 5-speed manual
Mileage: 155,000
Price: $19,500

Click for more details: 1988 BMW M5 for sale on eBay

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Black Exterior, Tan Interior
Strong Engine & Transmission
Original, Documented 155,000 Miles
Amazing Drive
Full Tune-Up Recently Done
Great Condition
Original Wheels Available
More Pictures Coming Soon!Serious Buyers Only!

Finally, and winning the award for foggiest pictures, is a 159k-mile example that appears well-used but not a heap. It has a few non-essential issues that can come with these cars (stuck window, declining sunroof, beat leather, etc.) but the owner has taken care of essential mechanical repairs. Aware of imperfections, the seller is asking the least of our three E28s, but $16k is still a pretty high number to me! Can you sense my surprised smile? Aside from the pictures, the largest detractions for me are cosmetic; the wheels and unspoiled trunklid do not work for me. Luckily, those can be rectified. For now, it’s apparently a reasonable price to get into a functioning, decent E28 M5.

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Year: 1988
Model: M5
Engine: 3.5l S38 inline-6
Transmission: 5-speed manual
Mileage: 159,000
Price: $15,999

Click for more details: 1988 BMW M5 for sale on eBay

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Rare 1988 BMW M5

It has the original Owners Handbook still.

Service history back to 2008. It has about 1/2 of the original tool kit.

It has not been sitting for over 2 weeks since I have owned it. I make sure to at least run it on the weekends. I use it as a daily driver when the weather is cooler. The AC works but the car doesn’t cool very well in the summer months just by design. These weren’t built with tropical climates in mind.

Power Sunroof. It works but seems like it is starting to fail. No leaks.

Heated seats still work very well. The leather was replaced on the seat cushions on both the front seats. Along with a lot of the trim leather in the Car. The backs of the front seats will probably need to be replaced in the next few years. But all other leather is in good to excellent shape.

I have the badges. I just prefer it with out the badges and rear spoiler so I took them off and replaced the trunk lid with a 535 truck lid. I sill have the original truck lid which will come with the car. I also have a fiberglass M5 European bumper If you are interested in doing that conversion yourself.

One of the original tires is in the Spare holder.

Here is what has been replaced in the last two years:

Front Hubs/wheel bearings

Urethane suspension bushings

Lowering springs and shock absorbers

740i control arm bushings

Fan Clutch

Starter

Paint

Breaks, Pads, Calipers.

Break Lines replaced with Stainless steel and bleed system.

Crankshaft sensor.

The Clutch

AC Compressor.

Speakers and Radio

All of the front and rear bumper trim.

Clean Mass Air Flow Unit/Sensor

Replace to Original Stock Exhaust System.

The car has been running and sounds great. Mechanically the car is sound. The body and paint are near perfect. I get a ton a compliments where I drive it.

The ugly is the Dash cracks and AC insulation blows through and needs to be replaced.
I have been waiting for cooler weather to pull off Dash and cover the cracks.
The back right window does not roll up and down.

I will admit significant partiality up front, but despite quite a few more miles and a rebuild, my M5 is at least as nice an overall package as any of these and was purchased for quite a bit less. Either the sellers are trying to ride that E30 M3-wave, or the tide is truly rising on these cars. For now, if you’re interested in these, I’d start by offering quite a bit less than the asking prices and going from there.

-NR

1988 BMW M6

You’d be forgiven for thinking that I’ve got a thing for red cars. I promise, I don’t really, but for some reason I have seemed to review quite a few since coming on board. In keeping with my perceived affinity for all things red, here’s another to add to the list – a Cinnibar Red 1988 BMW M6. I know you’re saying “I think he already reviewed this car!” and you’d be pretty close to correct; I reviewed another Cinnibar Red 1988 M6 only about a week ago with almost the same mileage. This car, however, is on the west coast, so all of you sunbathers in California get a chance to experience your own “shark week” without worrying about a cross country journey:

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Year: 1988
Model: M6
Engine: 3.5 liter inline-6
Transmission: 5-speed manual
Mileage: 61,839 mi
Price: Reserve auction

CLICK FOR DETAILS: 1988 BMW M6 on eBay

I have here for sale our enthusiast owned BMW M6.It is the rarest BMW ever made.It is a rare find especially the one in such shape. This car has 61k miles on it. This is unbelievable.This great car was my mom’s wedding anniversary gift from my dad. She cherished this vehicle as if it were her last child. However due to a crushing knee surgery she had six years ago she garaged it. It was her weekend only car, once in a while she would drive it to a car show. This car is in excellent condition. The interior is in pristine condition. The leather seats are almost brand new. There are no cracks or tears anywhere not even on the dash.It has the original rims and paints. The tune ups and oil changes are religiously done when due. This baby has a brand new battery that has 72 months warranty that can be transferred to the new owner. For general information about the car you can Google the year and model.

As depicted on the pictures, this car is untouched. It is 100% stock. My mom forbids after market products on this car. She would not paint it because of that reason. Please feel free to email me if you want to test drive it. This baby runs like a sewing machine. There are no dents. Straight body. Never been in an accident. The VIN no is WBAEE1415J2561359 if you need to get information from DMV or Carfax report. The title is free and clear. It passed smog on first trial on 07/10/2013. I have the paper work. Tags are current. This may be your last chance of owning an 1988 M6.

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Although they’re usually good for a chuckle, I often wonder what goes through the minds of people that randomly insert fictitious statements in for sale advertisements. While certainly not the most common BMW ever made, the E24 M6 is not even close to the rarest. It also won’t be your last opportunity to own an M6, despite what I’m sure they’d like you to believe. I find the “no aftermarket products” statement odd as well, although it apparently explains the lack of wax or polish applications to the exterior. It will likely take a serious amount of time and care to restore that original paint, if it can be done. I wonder, too, if it’s still rolling around on the original TRX tires or if it’s on its second set. Either way, as with the last M6 I reviewed, plan on changing those wheels out for some newer stock with better tire choices.

At an opening bid of $19,500 with the reserve not met, it looks like they’re asking all the money for this car. I’m guessing this is in part due to the relatively low miles and their apparent belief that this is the only one of its kind left. While the interior does look nice, I’m just not sure that the condition of the car justifies the price. Perhaps if the paint was in better condition and a more detailed service history was available the car would pull some stronger numbers, but the Boston M6 has yet to sell with shiny paint and basically the same mileage and interior condition at $23,800. The Boston car certainly presents better, so I would guess that the value of that car is slightly lower and this car should be priced below that.

-Carter