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Euro Delivery was available on the E39 M5 from 2/00 onward.
Ordered mine 12/99 for 4/00 build, found out ED was available and changed the order, got delayed due to spousal work-schedule conflict, picked up car 6/00. Went through Ganley BMW in Middleburg Heights, Ohio. Was the smoothest car buying experience of my life, overall. Even managed to arrange a 'courtesy delivery' through a dealer here. Sales rep was Taylor Martin, haven't talked to him in a couple years, though.
Bear in mind you're not going to do Euro Delivery on an E39 M5 now, since they're out of production.
BMWNA apparently holds back on offering ED on some new/high demand models for a while, as well, so the E60 M5 may not be available for ED on day 1.
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