1984 BMW M5
1984 to 1988 · Sedan · 2,191 built
Price history
Recent sales
10 sales
1988 · Black · manual2026-09-01 · fastbimmers$30,250
1986 · Petrol Green Metallic · 182,000 mi · manual2026-07-16 · IvoChristov$131,000
1986 · Cinnabar Red · 124,000 mi · manual2026-04-02 · DSFM2005$126,000
1986 · Diamond Black Metallic · 26,000 mi · manual2026-03-31 · fiminod$71,000
1988 · Black · 9,800 mi · manual2026-03-23 · collectibleclassics$183,000
1988 · Black · 59,000 mi · manual2025-04-15 · Wob$48,500
1988 · Black · 138,000 mi · manual2024-04-01 · jeff89bmwe28$27,000
1988 · Black · 86,000 mi · manual2023-12-07 · TobinMotorWorks$80,000
1988 · Black · 199,000 mi · manual2023-03-14 · SwamiV$37,000
1988$47,600
Specifications
- Engine
- Inline-6, 3.5L
- Power
- 256 hp
- Torque
- 243 lb-ft
- 0 to 60
- 6.2s
- Top speed
- 153 mph
- Transmission
- Manual
- Drivetrain
- RWD
- Production
- 2,191 units
Common questions
How much does a BMW M5 cost?
Over the past 12 months, 5 have sold publicly at a median of $126,000. The Shifty Estimate for a well-kept example is $103,300. Cars have changed hands anywhere from $40,660 to $151,800, depending on mileage, color, and history.
What is a 1984 BMW M5 worth today?
The Shifty Estimate is $103,300. That sits below the $126,000 median of actual sales because the estimate weights the most recent results most heavily, and recent sales have come in under the longer-run median. We rate confidence medium: 5 public sales in a year is a thin market, and the spread between them is wide.
What has a BMW M5 sold for at auction?
The 3 most recent public sales we have on file:
- $30,250Sep 1, 2026Black
- $131,000Jul 16, 2026Petrol Green Metallic · 182,000 mi
- $126,000Apr 2, 2026Cinnabar Red · 124,000 mi
The original M5 didn't just create the super sedan category—it defined it. BMW's M division took the understated E28 5 Series and dropped in a hand-built 3.5-liter inline-six from the M1 supercar, producing 256 horsepower that felt volcanic in 1984. With only subtle visual cues like deeper front air dam and modest badging, this was the ultimate sleeper. The S38 engine required individual assembly by a single technician, making each of the 2,191 examples genuinely hand-built. Performance was staggering for its time: 0-60 in 6.1 seconds and a 153 mph top speed that embarrassed supercars. Today's collectors recognize the E28 M5 as the purest expression of the breed—no electronic aids, just brilliant engineering and perfect balance. Clean examples command serious money, with low-mileage cars approaching six figures. This is the M5 that started the four-door revolution.
