Go look at bimmerforums and check what it costs for maintenance of that engine. If that doesn't scare you, then you're good.
Make me an offer....
Car was inspected at Otto's bmw dealer last week.... "they had never seen such a good condition , well maintained E34"
For sale is my 1990 E34 M5 Euro version car.
Selling because car is way to fast for my family of 5 and wife says I have too many toys.
I am the second owner of the car and have owned it for over 11 years. I imported it myself from Germany 6 years ago.
Exterior colour: diamant black metallic
Interior colour: Rare champagne leather with "extra" option where glove box and many other interior parts are covered in leather.
Car is stock except for radio which is a brand new Sony cd USB ipod MP3 player.
5 speed manual
New transmission about 1000km ago. (7k invested at duss brothers)
Complete new clutch and pressure plate at this time
New heater core about 500km ago. (1k invested)
AC converted to new coolant and works well
Only synthetic oil since birth
5 seater version
Car is now a registered "collector car" and therefore has 80% lower insurance ratets! About 200$ fully insured annual premiums...(silver wheels plan)
Please call to make an offer or book a test drive or email for more information.
He's asking $11,500 OBO
What BMW was building in the 90s is the most reliable they've ever been. At the very very least, cheapest to repair. I say do it if you fancy it.
They're not Hondas or buicks, so they will cost more to keep on the road, but for BMWs, 90s models are pretty solid and dependable.
'98 E36 M3/4/5
Worse? Nah. Complicated? A little bit. Individual throttle bodies can get pricey when they have issues. The other issue is age and availability - they're getting up there in years and sourcing replacement parts starts to be an issue. None of that should be a deal breaker, but that motor only came in E34 M5's, so be prepared to hunt around for parts if you need them.
Why do you want to buy it? Because it's a good looking bodystyle and an M-car? An E46 330i for $11k woud be just as fast, have better handling, just as much interior room, and would be 10+ years newer with a lot fewer old car problems. Of course, it's not as "special" as an old M5. I've never been overly impressed by the ///M badge, so I know which one I'd choose.
--->edit, oh it's a Euro 3.8 M5? OK, it would be about than a half second quicker to 60 mph vs an E46 330i. Still not worth the trouble IMO.
Last edited by PhilHVW; 06-03-2012 at 07:09 AM.
I'm surprised at some of the replies. If you get a good report from a PPI, go for it.
I guess the only thing to consider is if this will be your only car?
I hate to jump on the bandwagon, but that was a time when BMW was really building magnificent automobiles.
Car isn't for me. Not sure if you remember but a few weeks ago I made a thread about that 850 that's being sold by my house for ~12k that my friend was really interested in. Forgot to edit it but we checked it out and he seems to be pretty excited about it but has to wait until the end of the summer before he can pull the trigger (he flips houses on the side so he's waiting until he's done this house he's working on now and sells it before he pulls the trigger). He told me to keep looking around for older BMW's around that price range so I found this.
What would you guys rather have E34 M5 or E31 850i?
While not unreliable- these 6's were handbuilt and are fairly maintenance heavy. Just something to be prepared for. I love the lines of the E34 and the M has such a nice passive-aggressive attitude to it.
If you plan on DD'ing it, I've heard some people complain the motor is like an on and off switch at low speeds.
My final tip- if you're looking for a similar experience, check out the 535i from the same era. While it won't be nearly as fast, it will be much more maintenance friendly. The 3.5 M30 has a neat, primitive, kind of muscle car feel to it. I'm buying one myself.
These cars are wonderful....but make no mistake they can suck your wallet dry too. That beautiful engine runs well when in good condition, but rebuilds run $12K plus. There are also lots of unique (expensive) interior parts, and be aware of the hydraulic rear-leveling system.
All in all, they're fantastic vehicles, but they're like any German car from that era....lots of little things to go wrong, lots of them expensive to fix.
Last edited by DerSpiegel; 06-03-2012 at 11:49 AM.
Did he get a complete new box from the shelf at bmw?
Seems like a lot of money, even if you factor in clutch and everything
However, if he is willing to dump that kind of money, chances are everything else was maintained.
if hes got service records, and came back from an inspection with a clean bill of health, why not?
You can always find another independent shop, and have him take it there
Why yes; that she tropper has sideburns...
The best M5 version yet IMHO.
The only real thing you have to worry about is...
The engines are generally needing a rebuild every (it's recommended) every 100K miles.
the rebuild costs roughly 5-7 grand.
If there's no proof of an engine rebuild, use that amount as a bargaining chip on the price.
buy the car, and get the engine redone.
Spend the next 100,000 miles driving a fantastic car.
These cars are built very very well.
Stretched, poke, rubbed......sounds like a porn stars butt hole.
Honestly, if you make a decent income, I mean a DECENT income, not $40K a year selling cell phones, great. If not, stay away. $11.5k is not what will get you. Its the age of the car and the price of the parts at this point. Not that they are unreliable, they are great cars. Its just that its 20 years old, and WHEN something does break, grab your wallet and your shorts as you are losing both. I just had a customer dump $15K on his on a complete reseal and rehose and a ton of other odds and ends for a 20 year old BMW...... Plus another $2K to redo the shrinking door panels and headliner. His is a 91 with 28K or so miles. You have been warned.
'13 C250 Sport stocker tinted.
'12 Jeep JK 6M, 3.73's, trac-lok, Magnaflow, SRC sliders, JKU Rubicon springs/shocks, Teraflex spring locators and swaybar discos, Black Rock Aluminum D windows.