Who wants an M5 for R62 000?

[Sankekur]

This car has been on sale for a quite a while now, a forum member had mentioned a while back that he knew the owners and confirmed that the car has had a hard life

I wish I could find the true history on mine. Even though the body has zero repair work, the broken engine mountings, replaced engine in 2006, replaced transmission in ???? and ripped rear transmission mounting bracket sure could tell some stories if they could talk.

I don't even want to think about the bright pink fingernail I vacuumed out from under the centre console.

Oneday i will affrod a new ///M and not have to repair somebody elses "fun"

If i could i would want a new e34 M5. None of these new turbo, single throttle'd ///M nonsense with witchcraft electronics.

+1 000 000

 

[herr bmw]

stuff the m5,now i cant get the merc truck,lol.

imagine how many taxis i could push out the way ont he gauteng highways

 

[Metroid]

I drive past a white E34 M5 ,which is for sale in a car dealership, everyday. It has 250,000 on the clock but it's been at the dealership for about 4 months. I went to see it but the dealer was closed on that day and I haven't been back since.

 

[rick540]

Considering the raw cash I am having to spend just to get my "good deal E34 M5" back on the road in a respectable running order, I'm starting to have mild doubts about owning a 20 yo M. I cannot deny it's a money pit of note!

I don't want to post cash figures here but I could have bought a clean E36 M3 with what I have spent on parts alone.

I can only hope when it's all done that this car has a little special driver pleasure to offer back. 4 weeks and I have not been able to drive it properly yet, only throw money at it.

Monday should be a good day because then I can take it for a proper drive for the first time.

I shudder to think, this is one of the "cleaner" ones around Capetown.

Today I discovered the STEEL acellerator pedal stop, mashed into the floor..........

 

[ajm]

Considering the raw cash I am having to spend just to get my "good deal E34 M5" back on the road in a respectable running order, I'm starting to have mild doubts about owning a 20 yo M. I cannot deny it's a money pit of note!

I don't want to post cash figures here but I could have bought a clean E36 M3 with what I have spent on parts alone.

I can only hope when it's all done that this car has a little special driver pleasure to offer back. 4 weeks and I have not been able to drive it properly yet, only throw money at it.

Monday should be a good day because then I can take it for a proper drive for the first time.

I shudder to think, this is one of the "cleaner" ones around Capetown.

Today I discovered the STEEL acellerator pedal stop, mashed into the floor..........

Couldn't agree more Rick. When I bought my E34 M it was in pretty good nic - a rare find with only 70,000km on the clock, and yet I spent a small fortune fixing up bits and getting it into the condition I wanted. And what's more is that you can never recover the money spent - as I learned when I tried last year to sell the car. Forum members were quick to point out that for the price I wanted, one could buy an E39 M5 (with more than twice the mileage under its belt, of course). Bottom line is that when you buy a 20 year old M, accept that, unless the seller has already done the necessary, you're going to be relieved of huge chunks of cash which you'll never recoup.

 

[rick540]

Considering the raw cash I am having to spend just to get my "good deal E34 M5" back on the road in a respectable running order, I'm starting to have mild doubts about owning a 20 yo M. I cannot deny it's a money pit of note!

I don't want to post cash figures here but I could have bought a clean E36 M3 with what I have spent on parts alone.

I can only hope when it's all done that this car has a little special driver pleasure to offer back. 4 weeks and I have not been able to drive it properly yet, only throw money at it.

Monday should be a good day because then I can take it for a proper drive for the first time.

I shudder to think, this is one of the "cleaner" ones around Capetown.

Today I discovered the STEEL acellerator pedal stop, mashed into the floor..........

Couldn't agree more Rick. When I bought my E34 M it was in pretty good nic - a rare find with only 70,000km on the clock, and yet I spent a small fortune fixing up bits and getting it into the condition I wanted. And what's more is that you can never recover the money spent - as I learned when I tried last year to sell the car. Forum members were quick to point out that for the price I wanted, one could buy an E39 M5 (with more than twice the mileage under its belt, of course). Bottom line is that when you buy a 20 year old M, accept that, unless the seller has already done the necessary, you're going to be relieved of huge chunks of cash which you'll never recoup.

Well with the parts cost scenario on these things I would recon in another 5 years there are going to be hardly any E34 M5's left whereas the E39 M5 there are plenty to go around.

This happened with the E31 850i, one year they were going for 75-80K and five years later (if you can even find one) it's going to cost you R350K, so maybe things will look up

Maybe then

 

[///MNM]

After owning one for five years and throwing chunks of cash at it trying to get it perfect, I've actually lost count as to how much I've spent mostly because parts are only available from the stealers and who'd wanna put cheaper inferior products on an ///M in any case? Rest assured you will not recover that money or even part thereof if and when you choose to sell, if you do intend spending be absolutely certain that you are indeed going to keep it for a very long time unless of course God forbid you don't end up in a situation where you are forced to sell.

Buyers will never understand or believe the amount of money or effort put into a vehicle. That being said, I am speaking from personal experience and this is only my opinion, having owned one for quite a while I can tell you firsthand that spend only if you intend keeping it and I assure you that you will not regret it, it is still one of the best cars to own and extemely difficult to replace unless of course you are willing to spend much more for the same thrill an E34 M5 gives you?

Not a day goes by that I don't regret selling my car, unfortunately such is life and we always hope to find something better. So please fellow enthusiasts DO NOT make the same mistake I've made.:thumbs: