10k: Almost Classic: 1991 BMW M5 E34

As the E34 generation BMW M5 continues its inevitable ascent to overpriced junk…don’t say we didn’t warn you.  A few years (months?) ago a 200k mile E34 M5 wouldn’t have been worth much over a few grand, but as low buck collectors and mid level flippers look for their next ride, the low production number cars with premium badges from the 80s/90s are getting snapped up.  Don’t plan on making money if you buy this car, just assume the engine is three miles from giving up the ghost and the second gear syncro more distressed than Pooh Bear getting attacked by Africanized honey bees.  Just don’t be surprised in 5 years when you can’t afford a 300k mile version of this car.  Find this 1991 BMW M5 E34 offered for $9,000 in Berkeley, CA via craigslist.  Tip from FuelTruck.  

The e34 generation M5 was the last of the ‘hand-built’ BMW M-cars and was only sold in the US market from 1990-1993.  If you want something with an M badge for cheap, this is second only to the E36 M3 in terms of being inexpensive to purchase.  If something goes wrong…you are screwed, but at least the purchase price was low.

The North American E34 M5 left the factory with a 3.6 liter S38B36
inline-6 that puts out 307 horsepower and 266 ft-lbs of torque into a
Getrag 280 5-spd manual gearbox.  No auto was offered for the M5 in the
E34 body style making it easy to find a good example for your daily
commute/hooning.  Additionally they were all equipped with a limited
slip differential out back and a good old-fashioned steering box setup
up front (no rack & pinion).  The resulting car requires
heavy inputs to go fast and drives like a ’60s muscle car with
proper shock dampening.  It never does let you forget that it weighs
3800 lbs, but it eats up corners and straightaways with equal vigor.

See a better ///M badged white knight for less? tips@dailyturismo.com