1988 E28 M5 Lovingly Maintained, No Res, Over $25k In Svc, No Rust, New Susp, M3 on 2040-cars

Greetings folks,

Up for grabs is a well maintained rust free example of a beauful classic. Of the 1200 or so imported, roughly 500 are known to be in good shape. This has been a 2 owner car and has been religiously serviced by both of us. The first owner was an elderly gentleman who had it till he could no longer drive it. Garaged most of its life.

My first intro to M-powered BMWs was an e30 M3 that I purchased 15 years ago. Since then, the addiction has worsened. I get goose bumps everytime I get in this car. It is a very special M car and I am reminded of that everytime I step in it. Recent acquisition of an e39 M5 and an old Land Cruiser has prompted the sale. If it were up to me, I would have found storage for it, and preserved it for my daughter, who loves my "stick shift M5s that mommy can't drive". But my wife doesn't feel that having 6 cars is reasonable, and i can't exactly blame her...

- It has great power throughout the powerband and shifts are smooth through all the gears. Recently treated to a full tune up.

- The clutch feels great.

- Tracked down and fixed all oil leaks

- The suspension has been completely revamped by me. I went the route of New OEM M-Tech springs and Bilsteins shocks, a costly but worthwhile change, opting for the SLS delete. The car tracks amazingly well. Cost just under $2k for parts and labor.

- New front and rear strut mounts.

- New Pitman arms

- New tie rod ends and ball joints.

- Spent almost $1500 on a new AC compressor, dryer, condensor etc... It now has cold AC. Heat works too

- New power steering pump and power steering hose

- I had it professionally wet sanded and polished and it gets compliments everywhere. Also had paintless dent removal remove small door dings.

- One of the few rust free examples around. No floods.

- 16" factory basket weaves are paired with Matching Conti Sports with approximately 90% tread life left.

- Many years ago, the hood and left fender were replaced from a fender bender. Paint match is great to this day. Rest of the body panels are original.   

- The front bumper has a small rip in it at the bottom from being low.

INTERIOR: The original natural tan interior has survived the test of time.

- The seats are original and have no tears. Bolsters are in great shape. All power seat functions work, except the head rest mechanism.- Heated seats work!

- Headiner is great shape.

- The radio is original and works as intended; the speakers work fine, but not audiophile quality.

- The power antenna is functional.

- Many rubber componts have been replaced throughout the years, along with switches.

- Replacement black BMW mats, with the originals included.

- The original dash has one tiny visible crack and 2 smaller ones by the windshield that can't be seen from the inside.

In summary, given the rarity and condition of the car, this car will continue to appreciate in value. This is a solid daily driver, but it is not concours. These cars are getting rarer in good shape. Be realistic in your expectations and you will not be disappointed. These young classics, including the e30 M3 and M6 are appreciating and the e28 M5 is following that lead. I sold my pristine e30 m3 10 years ago for $10k and it is a $25k car today.

A very reputable seller of M powered cars recently sold one with 75k miles for around the $30k mark.

I reserve the right to end the auction early for a favorable offer. Feel free to contact me with questions at 504 957-9636. Thanks for your interest.