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E34 M5 Discussion 1988-1995 Sedan and Touring

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post #31 of 47 Old 28th August 2017, 05:58 PM
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Quote:
Originally Posted by Bleedsblue View Post
Mike & Paul, what do you think is market value (I know this is subjective) for that car assuming it actually has more like 100k miles, engine rebuild/swap, etc? I still find it HIGHLY desirable and probably wouldn't hesitate to pay over $30k for a 100k mile slicktop, alcantara, grey B38 Touring...though it is a 5 speed.
I agree it's still a very desirable car. Lets be realistic, these cars were used, often driven hard and put away wet. Most euro imports to the US have some stories around them. In the earlier days, the importers/federalizers would just swap a US cluster into the car (which is how my sedan was) and the milage is suspect. You really just need to value the car based on how it presents, drives and with a good inspection. Milage and stories are worthless, imho.

I suggested that the seller get pics of the cluster, doing the self test, so he can post the vin on the cluster. With that vin, and the engine number, one could determine if that cluster/milage is likely that of the engine. Again, realistically, the car probably has 200k km on it, but to me that's not a big deal. (both of mine are sitting at 215km, original engines, running great). Assuming no rust or other surprises, i'd think in the US it's a 50-60k car, maybe more. It's hard to judge when the elekta sold for such a high amount. Now everyone thinks they're sitting on a 6 figure car.

The seller stated he is going to get more details to the BaT people today, with undercarriage and cluster photos. If not, i'd probably point people to this thread, and a good search of the board.

Mike

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post #32 of 47 Old 29th August 2017, 12:18 PM
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Quote:
Originally Posted by Shock(/\)ave View Post
Could we have some clarity on the mileage issue? How much mileage should the car actually show?
-
While the instrument cluster check seems to show the correct VIN, this
would indicate that the odometer was manipulated before the recent
purchase ?? if so, why 105.000 km ???
The car appears to have had at least 3 owners in the U.K. before it was
offered for sale in Italy in Sept. 2012, still with the U.K. registration -
As for more clarity on the mileage:
2011-05-12 > the car being offered for sale on ‘ebay.co.uk’, mileage 99.897 miles / 159.900 km, UK registration/plate “J731 WEW” ---
2016-02-01 > the car being offered for sale on ‘autoscout24.com’, location: DE-89231 Neu-Ulm/Germany, mileage 178.000 km, remark: new engine, 1.200 km – pictures/U.K. reg.: “J731 WEW”.
-
Quote:
Originally Posted by Shock(/\)ave View Post
.......>>, and bidders should know what they're bidding on.
Agreed. You may wish to make en entry in the BaT comments
fields based on the above. For more details do not hesitate
to ask.

Karl / Global E34 M5touring Registry

Last edited by M5touring reg; 29th August 2017 at 12:36 PM.
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post #33 of 47 Old 29th August 2017, 03:59 PM
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Quote:
Originally Posted by Bleedsblue View Post
Mike & Paul, what do you think is market value (I know this is subjective) for that car assuming it actually has more like 100k miles, engine rebuild/swap, etc? I still find it HIGHLY desirable and probably wouldn't hesitate to pay over $30k for a 100k mile slicktop, alcantara, grey B38 Touring...though it is a 5 speed.
Market value is likely north of $55,000. I love tourings, but I'd much rather have my sedan with its documented 120,000 km on the original motor.

Quote:
Originally Posted by mottati View Post
I agree it's still a very desirable car. Lets be realistic, these cars were used, often driven hard and put away wet. Most euro imports to the US have some stories around them. In the earlier days, the importers/federalizers would just swap a US cluster into the car (which is how my sedan was) and the milage is suspect. You really just need to value the car based on how it presents, drives and with a good inspection. Milage and stories are worthless, imho.
Fully agreed.

Quote:
Originally Posted by M5touring reg View Post
-You may wish to make en entry in the BaT comments
fields based on the above. For more details do not hesitate
to ask.
Done. Here is what I posted:

Quote:
Due to the results of the cluster test - thanks to the seller for providing it - it now falls to me to provide the clarity which the E34 M5 community has regarding this car to the Bring A Trailer community. Having worked to provide truth in the past for the better of the community, I was punished by having all of my comments filtered by the Bring A Trailer team. Due to my moderated status here I will post this comment to all relevant forums as well.

This car is a beautiful and fantastically optioned 200,000+ km example of a rare E34 M5 touring. The odometer does indeed show at most half the mileage on this car, and its replacement was due to one of the best reasons an odometer can be replaced: a complete engine rebuild by a very highly regarded E34 M5 enthusiast. That the reported mileage on the new cluster was not corrected, and records were subsequently lost, is likely due to much less positive motivations by a previous owner / dealer. The previous United Kingdom registration plate J731 WEW will provide confirmation of the mileage discrepancy.

The car had its lower contrasting trim painted by a previous owner, and likely had work done on the tailgate as well due to the presence of the E39 M5 badge. I much prefer the contrast these cars came with, and would repaint the skirts in the correct silver were I to buy this car. I'd also replace that tailgate badge and position it correctly.

The interior of this car is my absolute favourite E34 interior, and has been exceptionally well looked after. These seats are both comfortable and supportive, with the Amaretta (not Alcantara) bolsters providing excellent grip during hard cornering.

These cars really are the pinnacle of practical performance. I'd say this car would be well bought in today's market at anything below $55,000.
We'll see if Bring A Trailer censors me yet again. They have repeatedly been willing to do so in the past at the expense of their bidders to protect their business image and bottom line.

Last edited by Shock(/\)ave; 29th August 2017 at 04:00 PM.
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post #34 of 47 Old 29th August 2017, 05:00 PM
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Quote:
Originally Posted by Shock(/\)ave View Post
We'll see if Bring A Trailer censors me yet again. They have repeatedly been willing to do so in the past at the expense of their bidders to protect their business image and bottom line.
Looks like you've fallen on deaf ears again... Frustrating to say the least.

And those undercarriage photos leave a hell of a lot to be desired. He goes to the trouble to get the car on a lift and that's all that gets sent to BaT to post? 5 tightly cropped, poorly lit photos that ignore all of the common problem areas? The car may be 100% rust free, but let's see it, not just hope for the best with a potential $60k purchase.
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post #35 of 47 Old 29th August 2017, 05:10 PM
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Quote:
Originally Posted by CaneDVM View Post
Looks like you've fallen on deaf ears again... Frustrating to say the least.

And those undercarriage photos leave a hell of a lot to be desired. He goes to the trouble to get the car on a lift and that's all that gets sent to BaT to post? 5 tightly cropped, poorly lit photos that ignore all of the common problem areas? The car may be 100% rust free, but let's see it, not just hope for the best with a potential $60k purchase.
i agree, get pics of the jack points etc....

Mike

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post #36 of 47 Old 29th August 2017, 05:11 PM
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Very well said.


Quote:
Originally Posted by Shock(/\)ave View Post
Market value is likely north of $55,000. I love tourings, but I'd much rather have my sedan with its documented 120,000 km on the original motor.



Fully agreed.



Done. Here is what I posted:

We'll see if Bring A Trailer censors me yet again. They have repeatedly been willing to do so in the past at the expense of their bidders to protect their business image and bottom line.

Mike

93 M5 3.8 Sterling Silver, Black 5/93 production (euro)
94 M5 Touring Madeira Schwarz, Black 10/93 production
84 728i - M88 powered
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post #37 of 47 Old 29th August 2017, 05:13 PM
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Originally Posted by CaneDVM View Post
Looks like you've fallen on deaf ears again... Frustrating to say the least.
It's fraudulent and dishonest at this point.
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post #38 of 47 Old 29th August 2017, 05:27 PM
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Good gravy, $50-60k? I trust you guys ('tis why I asked) but looks like I'll have to build my own, since there are two many toys in that price range that would pull me away from an E34 M Touring. Good thing I have a strong S38 in a beat-up, high mileage chassis huh....

This one on BaT HAS to have a reserve nowhere near $38k, one would think.

-Brent www.angryasssolutions.com
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post #39 of 47 Old 29th August 2017, 08:04 PM
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For the sake of good order and also for being pushed to do so by many, I now made an entry in the BaT comments field to put some light on the mileage issue.
For some time I felt sorry for the seller as he seems to be unaware. On the other hand potential buyers are entitled to know.
-
Shock(/\)[email protected]
The odometer...........> a complete engine rebuild by a very highly regarded E34 M5 enthusiast.
How do you know that the engine was a) rebuilt, and b) by whom ? It was not David. Who was it ? Is a rebuilt engine = new ??
A car dealer comment 'new engine' could mean,
new AT-BMW-OEM-engine, original engine rebuilt and restored or simply another engine from a donator vehicle. For this reason it
would be interesting to learn what the actual serial number is of
the engine that is fitted to the car now.

Karl / Global E34 M5touring Registry

Last edited by M5touring reg; 29th August 2017 at 08:18 PM.
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post #40 of 47 Old 29th August 2017, 08:34 PM
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looking for one of the few....?

........take this one and bring it to the USA.
"Many but honest miles......"?
-
https://www.blocket.se/gavleborg/Bmw....htm?ca=11&w=3

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