M5 Prices

Specific conversations and info for the BMW E28 M5 and M535i.
rmiddendorf
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Post by rmiddendorf »

It looks like this one with 13k miles on it went for $45,990 from Enthusiast Auto Group in Cincinnati in March of 2012.

http://www.mye28.com/viewtopic.php?t=103306

I would probably disclose mine via backchannel for now, let me check with Ed and see if he minds it being public.
sharkyM5
Posts: 49
Joined: Feb 02, 2012 4:43 PM

M5 prices

Post by sharkyM5 »

Hey guys here it is bought this daily driver beauty last year(from original owner) well second real owner but he purchased from bmw dallas 19 years ago..i have original sales docs from 1988 and of course 4 binders of service docs...it has 204,000 miles 323,000km"s and running STRONG (raced a 335i in a rolling 3rd gear race and smoked him haha well beat him by a few car length, he couldnt keep up when it wound up...you know!) and the engine has had a top end rebuild at 156,000 miles with all the little extras below.. rust free beauty..leather in excellent shape only wear on drivers side and one dash crack of 3mm this is the most beautiful car i have ever owned....will eventually drop a metric mechanic engine/tranny and diff one day when i can afford it....paid 11,500 shipped to border 1,100 taxes 1,100 so 13,700 all in and of course regular maintenance bills of course....my wife also loves this car soooo much(rare)
ENGINE
TURNER CONFORTI PERFORMANCE CHIP
TURNER RETARDED EXHAUST CAM SHAFT GEAR
SPLIT SECOND MASS FLOW METER W/ 4 KNOB CONTROLER
INOVATE WIDE BAND AIR FUEL METER
JB ALUMINUM FLYWHEEL
K & N AIR FILTER
CHASSIS
REAR HYDRAULIC SUSPENTION ELIMINATION KIT
H&R SPORT SPRINGS
KONI ADJUSTABLE STRUTS & SHOCKS
IRELAND ENGINEERING FRONT CAMBER PLATES
POLY UPPER CONTROL ARM BUSHINGS
IRELAND ENGINEERING URETHANE REAR SUBFRAME BUSHINGS
FRONT STRUT BAR
REAR STRUT BAR
MASON ENGINEERING FRONT FRAME BRACE
WHEELS BBS RX 17" X 8"
TWO EXTRA BBS WHEELS
TIRES GOODYEAR EAGLE F1 ASYMMETIC 235/45/17
MILES SINCE INSTALLED-6000
BRAKES
FRONT-BMW E31 840
REAR-BMW 1993 750
BMW 750 MASTER CYLINDER
AUDIO ALPINE AM/FM/CD/SATELLITE
SUB WOOFER
EXHAUST METRIC MECHANIC SYSTEM 300
OTHER
AUTOSOLUTIONS SHORT SHIFTER
H1/H4 EURO HEADLIGHT CONVERSION
HARD WIRED FOR RADAR DETECTOR

Regards
jon

2007 BMW 335i RWD sedan
1995 Range Rover classic LWB
1988 E28 M5 aka Sharky
Mfive
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Joined: May 04, 2012 11:27 PM
Location: Fuquay-Varina Nc.

Post by Mfive »

Hey everybody I bought jamestr's 88 M5 for 9k this week. I love the car it has 150k miles on it & runs very strong. The car came chipped w/ a ssk & sway bars. The car looks great & appears that it has been taken care of very well. The front seats need a hug, they have seen better days.
BlackKnight
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Location: Huntsville, AL

Post by BlackKnight »

FWIW, I've listed my E28 M5 on Autotrader. Search for M5s in zip code 35805 and it should be the only one there. I bought one of their "run it until it sells" packages.
1st 5er
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Post by 1st 5er »

BlackKnight wrote:FWIW, I've listed my E28 M5 on Autotrader. Search for M5s in zip code 35805 and it should be the only one there. I bought one of their "run it until it sells" packages.
ImageYou should list it here in the For Sale section, w/ pics.
BlackKnight
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Location: Huntsville, AL

Post by BlackKnight »

My car sold this past Saturday. I managed to get $8,500.00 for it with 220k miles on the odometer. It was in very good shape for the miles (looked great!), but did need a little work here and there. Thus ends my 12 year M-odyssey.
BlackKnight wrote:FWIW, I've listed my E28 M5 on Autotrader. Search for M5s in zip code 35805 and it should be the only one there. I bought one of their "run it until it sells" packages.
m5bro86
Posts: 24
Joined: Jul 28, 2012 3:22 PM

Post by m5bro86 »

So If you haven't read the backstory on my M5 I paid the scrap price worth in metal from my father who was going to sell it to a scraper.

1986 Euro Spec M5
Diamond Black Metallic
Black Leather


So $350 was my purchase price with the condition it is in now if I had to sell it would probably go for I would hope $8500.00

I think anything between $8-14k is reasonable if it is in good running and physical condition.
1st 5er
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Post by 1st 5er »

m5bro86 wrote:So If you haven't read the backstory on my M5 I paid the scrap price worth in metal from my father who was going to sell it to a scraper.

1986 Euro Spec M5
Diamond Black Metallic
Black Leather


So $350 was my purchase price with the condition it is in now if I had to sell it would probably go for I would hope $8500.00

I think anything between $8-14k is reasonable if it is in good running and physical condition.
Haven't read the backstory but would love to; link Please and Thank You.
longkedah
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Location: MALAYSIA

Post by longkedah »

hi guy

how much if like this ? right hand drive ?

Image

thanks
tschultz
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Post by tschultz »

Is it just me, or does it seem like the E28 M5 values might be slowly growing?

It seemed many cars were at an all time low last year, but it appears to have gotten better (at least what cars and sales I have been watching).


RCBMW, maybe you have the best idea of the market?
NZfiver
Posts: 166
Joined: Sep 17, 2010 8:27 PM
Location: New Zealand

Post by NZfiver »

longkedah wrote:hi guy

how much if like this ? right hand drive ?

Image

thanks
I'd say around $US28k.
dsmith
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Joined: Jan 20, 2012 12:52 AM
Location: Charleston, SC

Post by dsmith »

I bought the Zaprace body kit car for $4k. After I sell the wheels/tires and audio stuff, it should be more like $2500. It is a rust free CA car with a crack free dash. The excellent condition original "is" rear spoiler was included and will be reinstalled. The interior needs a good cleaning and the seats recovered. Head job at 100k, UUC shifter, driveshaft stuff and brakes done. I'll weld up the rivet holes from the body kit and clean up the M Tech kit and it should be a looker.

I'll post pics in the spring. Right now it's packed away in the garage.
rmiddendorf
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Post by rmiddendorf »

dsmith wrote:I bought the Zaprace body kit car for $4k. After I sell the wheels/tires and audio stuff, it should be more like $2500. It is a rust free CA car with a crack free dash. The excellent condition original "is" rear spoiler was included and will be reinstalled. The interior needs a good cleaning and the seats recovered. Head job at 100k, UUC shifter, driveshaft stuff and brakes done. I'll weld up the rivet holes from the body kit and clean up the M Tech kit and it should be a looker.

I'll post pics in the spring. Right now it's packed away in the garage.
This sounds like a nice score!
1st 5er
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Post by 1st 5er »

dsmith wrote:I bought the Zaprace body kit car for $4k. After I sell the wheels/tires and audio stuff, it should be more like $2500. It is a rust free CA car with a crack free dash. The excellent condition original "is" rear spoiler was included and will be reinstalled. The interior needs a good cleaning and the seats recovered. Head job at 100k, UUC shifter, driveshaft stuff and brakes done. I'll weld up the rivet holes from the body kit and clean up the M Tech kit and it should be a looker.

I'll post pics in the spring. Right now it's packed away in the garage.
:up: :up:
jamesohoh7
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Post by jamesohoh7 »

dsmith wrote:I bought the Zaprace body kit car for $4k. After I sell the wheels/tires and audio stuff, it should be more like $2500. It is a rust free CA car with a crack free dash. The excellent condition original "is" rear spoiler was included and will be reinstalled. The interior needs a good cleaning and the seats recovered. Head job at 100k, UUC shifter, driveshaft stuff and brakes done. I'll weld up the rivet holes from the body kit and clean up the M Tech kit and it should be a looker.

I'll post pics in the spring. Right now it's packed away in the garage.
Have I told you how much I hate you,.. lately!? :x







:laugh:
1st 5er
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Post by 1st 5er »

jamesohoh7 wrote:
dsmith wrote:I bought the Zaprace body kit car for $4k. After I sell the wheels/tires and audio stuff, it should be more like $2500. It is a rust free CA car with a crack free dash. The excellent condition original "is" rear spoiler was included and will be reinstalled. The interior needs a good cleaning and the seats recovered. Head job at 100k, UUC shifter, driveshaft stuff and brakes done. I'll weld up the rivet holes from the body kit and clean up the M Tech kit and it should be a looker.

I'll post pics in the spring. Right now it's packed away in the garage.
Have I told you how much I hate you,.. lately!? :x







:laugh:
So I'm not the only one... :cool:
dsmith
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Post by dsmith »

1st 5er wrote:So I'm not the only one... :cool:
Y'all had your chance. It's not like the sale was a sercret.

Crappy phone pic added to the registry. Envision e38 wheels, mtech flares and shopping cart handle wing delete and you get the idea.

http://www.bmwmregistry.com/detail.php?id=11143
1st 5er
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Post by 1st 5er »

dsmith wrote:
1st 5er wrote:So I'm not the only one... :cool:
Y'all had your chance. It's not like the sale was a sercret.

Crappy phone pic added to the registry. Envision e38 wheels, mtech flares and shopping cart handle wing delete and you get the idea.

http://www.bmwmregistry.com/detail.php?id=11143
Lovin' that archless look. :laugh:

See ya at The V.
rmiddendorf
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Post by rmiddendorf »

dsmith wrote:
1st 5er wrote:So I'm not the only one... :cool:
Y'all had your chance. It's not like the sale was a sercret.

Crappy phone pic added to the registry. Envision e38 wheels, mtech flares and shopping cart handle wing delete and you get the idea.

http://www.bmwmregistry.com/detail.php?id=11143
That looks like a nice example the way it sits actually. Are you taking off the body kit? Don't get me wrong I would never modify my car but that one actually looks pretty unique that way.
dsmith
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Post by dsmith »

rmiddendorf wrote:
That looks like a nice example the way it sits actually. Are you taking off the body kit? Don't get me wrong I would never modify my car but that one actually looks pretty unique that way.
It will look like a regular mtech kit, but I need to do something with the hacked up front cover. Might just buy another cover.
jh_m5
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Joined: Feb 27, 2013 3:46 PM
Location: New Jersey

just bought us M5

Post by jh_m5 »

First post for me- just bought a "garage find" E 28 M5
65,000 miles, perfect body + paint, needs mechanical refresh- shocks, bushings, seals, etc. I am restoring it to OEM specs
engine runs strong- checked out with bmw tech . who told me the engine, etc. has never been touched- original everything!!
paid $17,000

will post pix

jh
TurboChris
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Post by TurboChris »

Excellant! Congratulations. Post up some pics when you can.
bigwave
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Location: Buffalo

Post by bigwave »

New to the forum and new to M5 ownership. Just picked up my 1988 E28 build date 11/87, last week. Schwartz/Natur with all matching panels, no accidents, near perfect paint aside from front spoiler, which could use a touch up. Car is original aside from throwing star rims, rear SLS delete, and short throw shift. Previous owner just installed Mtech springs and Bilsteins all around. Interior is super clean with no tears, though dash has a couple small cracks. Everything works and it even came with original factory tape deck. Only problem was a leak in the rear seam of the fuel tank, which is being replaced by a local specialist here in Atlanta. Finding that leak before purchase saved me a bunch of $$ as seller negotiated down to cover the repairs. Mileage is 115k, paid $12,400 and feel good about it.

If I could also throw my own .02 into this thread in regards to prices, I have been watching them for the better part of the last decade and agree with many of you that the past couple years through right now is the time to buy. It has taken me trips across 7 states and years to find one that was this well cared for within my price range.

Wish I could post pics, but definitely will in time as I figure it is tough to own one of these and not regularly check in here with questions.

See you all on the road.
1st 5er
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Post by 1st 5er »

Congrats on the buy. Sounds like a good deal.
bigwave wrote: See you all on the road.
Does this mean you'll be at The Vintage?
bigwave
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Post by bigwave »

I'm efforting the weekend off. Fuel tank should be good to go by then.
Image
DFW_to_ATL.JPG[/img]
rvnmaniak
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Post by rvnmaniak »

Congrats! That's one nice M5. And low mileage too. I'm jealous that you got one with the original radio/tape player. That's seemed really rare when I was on my hunt last summer.

:up:
RennSport88
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Post by RennSport88 »

bigwave wrote:I'm efforting the weekend off. Fuel tank should be good to go by then.
Image
DFW_to_ATL.JPG[/img]
This one was on autotrader right? I think I called on it, guy was in a meeting and was going to call me right back. Didn't call till a month later, which worked out better because I would have bought it an missed out on the one I got with under 100k and Dinan mods (though I paid a good deal more).
bigwave
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Post by bigwave »

I did find it on autotrader and it had been there for about 6months with crappy pictures. The gentleman was very nice, super easy to deal with, and was pretty knowledgeable about the car, the brand, the history, etc.

You say
the one I got with under 100k and Dinan mods (though I paid a good deal more).
and you are in the M5 prices section, so mind if I ask how much and what mods?
NZfiver
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Pricey 132k mile M5 FS in Malibu, CA

Post by NZfiver »

http://cgi.ebay.com/ebaymotors/ws/eBayI ... SS:US:3160

Buy it now price is right up there.
Curtispsf
Posts: 71
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New to the M5 Community - Just purchased an 88 M5

Post by Curtispsf »

hi guys,

I'm the original owner of a mint 86 325e (90K miles) and a few months ago I started looking for an M5. I found a near mint vehicle last month in Sacramento and I jumped javascript:emoticon(':banana:') on it.

It has 149K miles, beautiful cosmetic condition with about 4k of recent repairs by the dealer after it sat idle for 5 years.
New Dunlop wheels, nonstock BSS rims, nonstock cd player, great AC etc. The dash has some cracking, but I have a replacement dash on hand to go in down the road. It runs great.

I really don't know if I overpaid for it...only time will tell, but here's the details... Luxury Motor Cars in Sac. asked $17,995 and I paid $16K including tax, title etc (equivalent of about $14K +/- $500.). It's a small company (4 employees) and each of them drove the car before for a month before it was sold. They said it was hands own the best M5 they had seen...and pointed out some known (to them) minor issues and so far, no surprises.. Great power.

I probably paid too much but I'm pleased with what I got for the $. Lord help me, my BMW mechanic will be looking over the vehicle next week. Crosses fingers. javascript:emoticon(':alright:')

How can I insert pics of the car? or do they have to be URL linked to view?

[/img]
tschultz
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Post by tschultz »

You must host them on an external website and then post it on here. :)
NZfiver
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Post by NZfiver »

Here's one with half the mileage for $25k.
http://www.ebay.com/itm/251338804573?fo ... SS:US:3160
No service records (!) and needs plenty of cosmetic work - why would anyone present one of these for sale with a missing badge/emblem on the wheel center cap?
I think if all the cosmetic stuff was done and it had a fresh service, it might be worth the asking price.
1st 5er
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Re: New to the M5 Community - Just purchased an 88 M5

Post by 1st 5er »

Curtispsf wrote: How can I insert pics of the car? or do they have to be URL linked to view?
Thanks to Peter... http://e28-535i.com/upload/ubr_file_upload.php
KRsM5
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Location: Virginia, USA

Post by KRsM5 »

Just sell your home and buy this one...would be really crazy if somebody pays 6 figures for an M5, no matter how museum-quality. Yikes!

http://www.ebay.com/itm/BMW-M5-M5-1988- ... ars_Trucks
rmorin49
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Re:

Post by rmorin49 »

KRsM5 wrote:Just sell your home and buy this one...would be really crazy if somebody pays 6 figures for an M5, no matter how museum-quality. Yikes!

http://www.ebay.com/itm/BMW-M5-M5-1988- ... ars_Trucks
Reduced $30K. http://www.ebay.com/itm/1988-BMW-M5-ORI ... 94?vxp=mtr
NZfiver
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Re: M5 Prices

Post by NZfiver »

The Henna Red SA-built DC98 M5 (ex-Australia) has been sold for GBP55k.
http://www.munichlegends.co.uk/componen ... ew,detail/

That's equivalent to around $US89k, for a 30k mile, truly immaculate M5.
See the October 2014 issue of BMW Car magazine for an article on this stunning machine.
Freude am Fahren
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Re: M5 Prices

Post by Freude am Fahren »

It's now official, my 1988 US M5 is now on a trailer from Orlando to California.
The car has about 175K original miles on it. I found it on craigslist. Everything is stock except the shift knob. All VINs matching, no accidents and plenty of maintenance record from the previous owner for 10 years. I paid 8.5K for it, asking price was 11K.
Pistonbroke
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Re: M5 Prices

Post by Pistonbroke »

Hey guys,
I've been popping in and out of this thread for some time now and thought i'd throw this into the mix.
1986 BMW M5, 106,884 klm. Yours for only $109,950
http://www.carpoint.com.au/all-cars/dea ... 9133&Cr=98
Not sure what the seller's been smoking but I'll have some.

Image

Image

Me? I've just got a lowly Euro Alpine White M535i, 275,000 klm.

Image
indycar89
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Re: M5 Prices

Post by indycar89 »

Freude am Fahren wrote:It's now official, my 1988 US M5 is now on a trailer from Orlando to California.
The car has about 175K original miles on it. I found it on craigslist. Everything is stock except the shift knob. All VINs matching, no accidents and plenty of maintenance record from the previous owner for 10 years. I paid 8.5K for it, asking price was 11K.
Congrats! Please show some pics. :)
bdog
Posts: 66
Joined: Nov 25, 2007 4:58 PM

Re: M5 Prices

Post by bdog »

I just sold mine an hour for 13K ago and a suffering regret. The past day polishing the bird and standing back.....i'm an idiot.
BK
funfunfer
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Location: Montgomery, TX

Re: M5 Prices

Post by funfunfer »

bdog wrote:.....i'm an idiot.
BK
Oh, probably not. There must have been a reason to sell, right?
xgrudgex
Posts: 97
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Location: Rhode Island

Re: M5 Prices

Post by xgrudgex »

I purchased a Canadian black/black car that was in the Classifieds a month or so back for $5500. Currently going under the knife for euro bumpers. Deals are still there to be had I guess. Selling off another M5 with a blown engine along with a parts M5 to a friend for same $5500.
bdog wrote:I just sold mine an hour for 13K ago and a suffering regret. The past day polishing the bird and standing back.....i'm an idiot.
BK
Bdog, can you post pictures of the car you just sold? I'm curious. Thanks
Mark 88/M5 Houston
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Re: M5 Prices

Post by Mark 88/M5 Houston »

224+K miles freshened up E28 M5 on BAT weekly auction with bidding at $11,400 with five days to go.

http://bringatrailer.com/auctions/
Freude am Fahren
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Re: M5 Prices

Post by Freude am Fahren »

Mark 88/M5 Houston wrote:224+K miles freshened up E28 M5 on BAT weekly auction with bidding at $11,400 with five days to go.

http://bringatrailer.com/auctions/
Sold for $15,250
NZfiver
Posts: 166
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Re: M5 Prices

Post by NZfiver »

This one is possibly more realistically priced, although it's been modified to Euro look, & needs the bigger headlights IMHO.
http://www.mye28.com/viewtopic.php?f=14&t=134033
rmiddendorf
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Re: M5 Prices

Post by rmiddendorf »

rmiddendorf
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Re: M5 Prices

Post by rmiddendorf »

Here's another good one:

http://bringatrailer.com/listing/1988-bmw-m5-2/

60k mile, xlnt cond, sold for $42,950

I know Eric Keller at Enthusiast Auto has been burning through some in the $80-120k range.
L_N_Love
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Wow... check this out >>>

Post by L_N_Love »

JoeLoco
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Re: M5 Prices

Post by JoeLoco »

Yep. They aren't getting any cheaper.

Regular e28 535s are fetching high teens overseas. M635s and M5s are mid-forties and up over the pond, and up to 66 grand here in the States.

A 25k mile, 1988 M6 recently brought 66k in Oklahoma. Granted, it was flawless.

As enthusiasts get old enough to afford these cars, they are significantly climbing in value. People who once said, "One day!" are now old enough to afford these cars, and the prime examples will demand a premium.

Just a few years ago, you couldn't give away an M635csi, even with a free $10,000 hooker in the passenger seat. Now folks are yearning for the days when BMWs were attached to the tarmac, were devoid of computerized steering, and the cars actually had a soul.

Newer 6ers and 5 series are crammed with electronics and "features" your average real estate agent would love...Unfortunately, they are heavy, large, and lack the feeling the e23, e28 and e24 bring to the senses.

Driving is sacred to some of us. Maps, Bluetooth, iPods and 75 loudspeakers may sell cars on the showroom floor, but they do little for the experience of actually driving.

There is good reason the original M cars are fetching more than the newer models. Passion for driving and exclusivity. Only a scant few remain in either flavor of M car. Even fewer unmolested examples with all records exist, ready to drive.
oldskool
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Re: M5 Prices

Post by oldskool »

JoeLoco wrote:Yep. They aren't getting any cheaper.

Regular e28 535s are fetching high teens overseas. M635s and M5s are mid-forties and up over the pond, and up to 66 grand here in the States.

A 25k mile, 1988 M6 recently brought 66k in Oklahoma. Granted, it was flawless.

As enthusiasts get old enough to afford these cars, they are significantly climbing in value. People who once said, "One day!" are now old enough to afford these cars, and the prime examples will demand a premium.

Just a few years ago, you couldn't give away an M635csi, even with a free $10,000 hooker in the passenger seat. Now folks are yearning for the days when BMWs were attached to the tarmac, were devoid of computerized steering, and the cars actually had a soul.

Newer 6ers and 5 series are crammed with electronics and "features" your average real estate agent would love...Unfortunately, they are heavy, large, and lack the feeling the e23, e28 and e24 bring to the senses.

Driving is sacred to some of us. Maps, Bluetooth, iPods and 75 loudspeakers may sell cars on the showroom floor, but they do little for the experience of actually driving.


There is good reason the original M cars are fetching more than the newer models. Passion for driving and exclusivity. Only a scant few remain in either flavor of M car. Even fewer unmolested examples with all records exist, ready to drive.

Exactamundo Fonzie.
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