91 M5 euro spec

Recoil · 01-20-2013, 09:03 PM

Here is the autotrader link - http://www.autotrader.ca/a/BMW/M/MAR...howcpo=ShowCPO

Can anyone provide any additional insight on this vehicle. It's pretty rare so I'm assuming someone on here might recognize it. Also, I can't find much information about the vehicles built for the Japanese market - the only ones I've seen here were either French of German.

Based on what I've seen the price is pretty reasonable given there is a silver domestic market M5 of similar vintage for sale in the classifieds for 18K. That one is also in excellent shape.

bmwmck · 01-20-2013, 09:48 PM

I may not be up to date on E34 M5 market value and what not, but does that seem too good to be true or is it just me?

marek · 01-21-2013, 06:19 PM

That is the mid-high range for an E34 M5. As a comparison I sold my '92 3.8L M5 (German import) in mint shape with around the same km for $18k in 2008.

TSI · 01-21-2013, 06:22 PM

It's a little low, but not completely out of line. Might have a SLS issue...

Overall though, I'd just say it's a good deal.

If you want one, though, go to Europe and import. I'm seeing a 1993 3.8L one in Paris next week for $9000, perfect condition at 150kms.

Recoil · 01-21-2013, 10:22 PM

Thanks, folks. I found this car in the FS section. Seems its been up for awhile so it makes me nervous, although it did get a thumbs-ups from a fellow MaxBimmer forum member.

marek · 01-22-2013, 07:51 AM

The market for "old" cars over $10k is limited, so it being for sale for a while means nothing. I'm not knocking the car, just saying that there is a limited market for cars such as these and it takes a while to find the right buyer, don't let that discourage you. If you are interested look at the car and have it checked out by a trusted shop, to see if you missed anything.

bmwmck · 01-22-2013, 08:55 AM

What are repair costs like for S38s these days? Is there anything major to worry about/look out for?

Recoil · 01-22-2013, 09:57 AM

Quote:

Originally Posted by marek

The market for "old" cars over $10k is limited, so it being for sale for a while means nothing. I'm not knocking the car, just saying that there is a limited market for cars such as these and it takes a while to find the right buyer, don't let that discourage you. If you are interested look at the car and have it checked out by a trusted shop, to see if you missed anything.

Good advice. I agree, the car is competing in a very niche market and it's not unlikely it would take some time to find a buyer for such a unique vehicle at that price. I'll keep it under consideration in my search, and won't rule it out until I personally examine it.

TSI · 01-22-2013, 12:40 PM

Quote:

Originally Posted by bmwmck

What are repair costs like for S38s these days? Is there anything major to worry about/look out for?

Costs are quite high in general due to limited production and hard-to-find parts; biggest problem is definitely the Nikasil cylinder lining fiasco, don't buy one that hasn't had this addressed. It was covered by a recall in the 90s, so should have been done. The self-leveling suspension is also a big issue you want to check out, but that has nothing to do with the engine.

bmwm5lover · 01-22-2013, 01:42 PM

If I was looking, I would probably have bought it if it checks out.
As mentioned, cars like these (and in general) can take a little while to find the right buyer, doesn't necessarily mean the car has issues.

I mean..
http://forums.bimmerforums.com/forum....php?t=1939716

God I miss my e34 M5.