E34 M5. whose had one

Soldato
Joined
13 Mar 2004
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16,649
ive been getting urges for one of these epic machines.

who has had one? with my limited knowledge i know to expect problems with self levelling suspension so people stick aftermarket bits on.

what else do you have to say about them?
 
[TW]Fox;16906214 said:
Guy on PH has one. Reckons it costs him about 5k a year excluding fuel. For hardcore enthusiasts only.


Wow you could be running something fantastic for that money, not something thats well past its prime.
 
Wow you could be running something fantastic for that money, not something thats well past its prime.
It's not about running 'the best' car you can for the money, it's about running something you have a particular interest/passion for. Buying any car that costs £5k a year to run is never going to be a rational choice.
 
Not had an M5, had a 6-speed 4.0 V8 though, which isn't a million miles off.

Fantastic bits of kit really, in reality you're just looking for good history, as low as mileage as possible and for evidence that the car has been well looked after.

I've seen 220k examples selling for 2k recently - I went and looked at one and it was in fantastic condition really - they take the miles very well - BUT they are expensive to maintain - they are not your run of the mill 5 series with a fancy engine. The real catch with the M5 is that if something does go wrong, parts prices for specific components can be extortionate, and with the labour requiring specialist attention, one major failure can be enough to undo the car's value completely.

You also can't run the car with a 'I'll get that fixed later' kind of attitude - if it has a fault, it really will need attending to on the spot as otherwise you could be letting yourself in for something worse.

My old 540i 6 speeder:

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Great car to drive - and that was the long-standing impression left by mine on me, which was a little rough around the edges and had done 180,000 miles!

You want to buy one with a strong engine that runs without fault - as rebuilds are expensive - but if it's been cared for, it shouldn't be a problem anyway.

Other things:

- Transmission / Clutch - does it run well without any odd noises or judder?
- The classic front end wobble, with the E34's suspension and bushes wearing with age
- Shot water pump
- Oil and water leaks
- Loose steering, as the steering box can wear
- Window operation
- Rust
- Shocks
- Compression & general engine health
- Receipts!

There is a mine of info here:

http://www.m5board.com/vbulletin/e34-m5-discussion/

Find an M5 that's been thoroughly maintained and the guy wants like $17 grand for it (because that means he probably has that in it in maintenance alone). Look for one that is as OEM as possible, unless the SLS delete has been professionally done. Repairing the SLS right is almost always worth the money because of how it integrates with the nurburgring suspension. Really, if the M5 have MSystem turbines still on them, that's a good sign its a one owner garage queen. If it's got over 100k and the EDC dampers haven't been replaced, it's not worth more than $5k-7k, I don't care how clean it is....dampers are $2500 a fender endofstory. If it's been tracked, it's probably been wrecked or the clutch and drive train areas are worn. Open the hood, look for any DOT-R stickers. Run your index finger nail along the hood line by the windshield for indications of respray (if your nail catches, it's been sprayed). Look for stamps in the owners manual. Is the owner a old fart or is he a punky kid...usually the best sign on how the car's been treated. Is there cosmoline still all over the engine? Pay $266 for a PPI at a reputable indy...who will put the car on a lift, find origin of leaks, see if the diff's been opened up, oil pan plug stripped, guibo, use a pry bar to see if rear subframe bushings are shot, play in the center support bearing...plan $500 off price for each find. Look at the felt by the windows for cigarette burns, check rear fender area and lower skirts for rust bubbles, let the engine idle and use any sort of stethescope device on the valve cover for out of the ordinarty ticking or chain tensioner noise..look for sprayed coolant

:)
 
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It's not about running 'the best' car you can for the money, it's about running something you have a particular interest/passion for. Buying any car that costs £5k a year to run is never going to be a rational choice.

Well thats certainly an opinion yes.
 
Saying that, you could go and buy a low-mileage 540i 6 speed, stick on some throwing star alloys and be done with it. You'd get a mint one for 2-3k and have something a little more usable, that's 85% of the performance, has a bit more mid-range go, and has that great V8 bellow.
 
Always wanted one of these, loved my E34 525i Sport.

Bills are astronomically high though, they love to rust too. I'll probably own one at some point but only when I can buy at the VERY top of the market...
 
knew the suspension was a biggie.

do you know bushes wise what these are like? is it multi link mega complex at each corner and therefore mulitple multiple bushes to sort out?

do they have anything silly like dual mass flywheels?

as for the engines, will they take 140-150k easily?

as a side note, what was the fuel consumption like on the v8?
 
[TW]Fox;16906214 said:
Guy on PH has one. Reckons it costs him about 5k a year excluding fuel. For hardcore enthusiasts only.

Is that for a 3.6 or a 3.8?

From what I understand, the 3.8s require a fair bit more money spending on them for not a lot of gain over the 3.6.

I hope to treat myself to a Daytona Violet E34 M5 sometime in the near(ish) future :).

as a side note, what was the fuel consumption like on the v8?

I used to drive a 530i V8 for a short time. Fuel economy was comical on short, city runs. We're BARELY talking Double figures :eek:.
 
Just dont see the point in these unless you are a massively anal enthusiast and you spend £10k on a concourse example. Otherwise just dont waste your time, massive running costs to drive around in what when you are sitting in traffic or just going to work is not really any better than a non M powered one yet massively, massively more expensive. The problem is that they are all just so old now.
 
[TW]Fox;16907358 said:
Just dont see the point in these unless you are a massively anal enthusiast and you spend £10k on a concourse example. Otherwise just dont waste your time, massive running costs to drive around in what when you are sitting in traffic or just going to work is not really any better than a non M powered one yet massively, massively more expensive. The problem is that they are all just so old now.

Why must there be a point? :confused:
 
The massive running costs are only massive on the 3.8's with the trick suspension. Most people replace these with fully adjustable aftermarket suspension, which is cheaper and better.
 
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