In Reply to: 1991 E34 buying advice needed. posted by Stefan C. Yotz on November 18, 1999 at 09:09:11:
: Howdy all!
: I am in the market for a 1991 E34 M5, and need some advice. Basically I need to know what I am getting into, before I make the decision. Granted, every car is different but I wouldn't buy any car unless is was in good condition and well maintained. My concern though is that I drive a fair amount per year, and have averaged 25-30k per year on my 325is. Since the average mileage for a well maintained 91 M5 appears to be around 60k-ish, I will be running the miles up on it fairly quickly. Am I buying trouble in the long run? While I REALLY (no, REALLY REALLY!) want a M5 (Heck, and the perfect 88 M6, and while I am dreaming a M-Roadster as well!) I just don't want extra car costs to eat me out of house and home.
: Any advice or opinions are welcome!
I have a 93 3.8L. As far as regular maintenance, there are a number of items that will cost you more than a 325. Count on spending a bit more on regular services like oil, fluid and brakes because the M5 has a bigger engine and the surrounding lot and you MUST use top of the line material there,(synthetic oil etc). Double your tyre costs, not only will you need ZR rated 235's but if you drive the M5 properly you might need them more often. This is a car that you will want to keep well maintained and tuned because it is such a rewarding drive. If you already have a BMW, you won't find the increase in regular maintenance abismal.
My advice on buying: it is worth being patient and spending slightly more to get a well kept car that has a full BMW service record including proof of receipts. Make sure that the major services such as the timing belt change have already been performed. Otherwise that might cost you dear in the near future.
I would have the car checked out by BMW (full diagnosis). Even if it seems a little expensive, they will tell you if the car is sound and that will save you in the long run.
Fuel consumption is bad in urban cycles, but very decent on the highway if you keep below 120 mph. I know this is less of an issue in the US, if that's where you live, but it is important in Europe. Certainly at 65 mph it will be very decent.
My M5 is the best car I've ever had and its the best 4 door car I've ever driven with the exception of a Bentley Turbo which was absolutely over the top.
GO FOR IT!