It’s 5am on a fine Monday morning, time to raise your hands in the air and count those digits. Unless you are some kind of polydactyly
freak, like Anne Boleyn or Antonio “El Pulpo” Alfonseca, you will see a magic number, which in the world
of BMW’s M-cars, means only one thing: speed. Well…maybe speed and
power...and…don’t forget repair costs. Fine. Take off your shoe and smack yourself in the face for each time you have purchased something other than an E39 (1998-2003) BMW M5. Don’t do it again.
Tipper Jeff wrote us the following note: I saw your email today with the E28 M5, and I was reminded of the few
E39 M5’s in the Northeast for around the same money. I’ve recently
become engrossed with researching these cars found out just how bad the
depreciation is (bad for them, good for me?), but also the maintenance
required ($). That being said, for $10k an E39 M5 sure would look good
in my garage…since that’s where it will be most of the time…waiting
on me to replace parts. Jeff was also kind enough to send in a fine selection of those cars, so we wasted no time and put them in order of goodness.
5. 2000 6-Spd Blue Bomber
Coming in at fifth place (and don’t think of this car as a loser, but it still beat every car in the world except 4 of them to make this list) is this 2000 BMW E39 M5 offered for $9,999 in Newville, PA via craigslist. Expect to achieve automotive nirvana with the 4.9 liter S62 V8 good for 394 horsepower and 369 ft-lbs of torque.
4. 2003 Black Stripe Machine
Next is this 2003 BMW M5 offered for $12,500 in Inwood, WV via craigslist. Like all E39 M5s, it is shifted by a standard 6-speed manual gearbox that puts power to a limited slip differential out the back.
3. 2001 Imola Red Modified
If you like your M5s on the wild side, this next car might be more for your liking, it is a 2001 BMW E39 M5 offered for $11,500 in Winchester, VA via craigslist. Most of the modifications on this car are cosmetic and it doesn’t look bad for a modified example, if you are into that kind of thing.
2. 2000 Low Mile And Clean
Sitting in the 2nd spot is this pre-face lift (MY2001+ examples have angel eyes headlights, celis tail lights, 3-spoke sport steering wheel and a few other changes) 2000 BMW M5 offered for $19,900 in Carlisle, PA. This M5 has only 42k miles on the odometer is one of the nicer E39 M5s you will find around, but the price is sure high.
1. 2006 V10 Powered Warship
What just happened? An E60 M5 just won the competition for best E39 M5? Yup. In first place is this 2006 BMW E60 M5 offered for $26,995 in Hagerstown, MD via cragislist. Why? Well, if you are looking at the E39 and thinking of how much speed you can get for a little price while risking catastrophic repair bills, why not multiply all of those numbers by two? Twice the thrill, twice the price and twice the bills — sounds great!
Find a few old junkers or depreciated cruisers? Send em here; email@example.com