It’s rather amazing how ludicrous prices can get on older BMWs, especially those wearing the M badge. After the E30 M3 craze took over the world, it seems like others are joining in as well.
Take this 1993 BMW E34 M5 as a perfect example of the trend. It recently popped up on AutoTrader and its seller is asking no less than $95,000 for it. To put things in perspective, just think about the fact that the current F10 M5 costs $93,600 MSRP. That’s right, the old timer is more expensive.
Sure, the seller makes a compelling point saying that “1993 is the last year of NA production for the E34 M5. This is 1 of 236 built. A time when BMWs were hand built in Germany,” but that really isn’t a reason to pay such huge amounts of money for one.
While the North American versions only got to be equipped with the S38B36 engine, the European models got a new one in late 1991, the S38B38 unit that had bigger cylinders, increasing the displacement to 3.8-liters and making 340 HP with 295 lb-ft (400 Nm) of torque.
But is there something to it to justify such a claim?
Well, in short, no. Sure, all E34 M5s were hand built back then but that doesn’t really justify asking so much for it. Furthermore, this isn’t some rare, limited-edition model but a rather stock one, that also has 9,801 miles (15,780 km) on the clock.Sure, the seller makes a compelling point saying that “1993 is the last year of NA production for the E34 M5. This is 1 of 236 built. A time when BMWs were hand built in Germany,” but that really isn’t a reason to pay such huge amounts of money for one.
What’s under the bonnet?
This seems to be the North American version of the M5 and, back then, there were a couple of differences between the cars sold in the US and those sold in Europe. That means this car has a 3.6-liter inline 6-cylinder engine under the bonnet making 315 HP and 266 (360 Nm) of torque.While the North American versions only got to be equipped with the S38B36 engine, the European models got a new one in late 1991, the S38B38 unit that had bigger cylinders, increasing the displacement to 3.8-liters and making 340 HP with 295 lb-ft (400 Nm) of torque.