BMW M5

1989 to 1995 · Sedan

Over the past 12 months, 13 have sold publicly at a median of $35,250. The Shifty Estimate for a well-kept example is $32,000. Across the sales we have on file, prices ran from $18,005 to $68,000, depending on mileage, color, and history.

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Shifty Estimate

$32,000

Medium confidence · $21K to $50K

Median · 12 mo: $35,250
Sales · 12 mo: 13

Collectible

Sold$21,250 · Bring a Trailer · Sep 2026

The market

Every recorded 1989 BMW M5 sale, by date and price

Oct 2026 · Collecting Cars

$40,357 · 154,939 mi

See this car

Sold Bid to, not sold

13 sales · 8 unsoldmedian $35kupdated Oct 2026

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Latest results

The newest 1989 BMW M5 sales with photographs

Sold $18,005

1991 · Sterling Silver Metallic · 144,000 mi

Sep 18, 2026 · Bring a Trailer

Sold $22,000

1991 · Alpine White · 114,000 mi

Sep 11, 2026 · Bring a Trailer

Sold $50,000

1995 · Arctic Silver Metallic · 101,000 mi

Sep 5, 2026 · Bring a Trailer

Sold $36,000

1991 · Alpine White · 108,000 mi

Sep 4, 2026 · Bring a Trailer

Sold $68,000

1991 · Brilliant Red (308) · 54,000 mi

Aug 8, 2026 · Bring a Trailer

Sold $26,750

1991 · Sterling Silver Metallic (244) · 194,000 mi

Jul 15, 2026 · Bring a Trailer

Other M5 generations

Specifications

Engine: Inline-6, 3.6L
Power: 256 hp
Torque: 243 lb-ft
0 to 60: 6.1 s
Top speed: 155 mph
Transmission: Manual
Drivetrain: RWD

Common questions

How much does a BMW M5 cost?

What is a 1989 BMW M5 worth today?

The Shifty Estimate is $32,000. We rate confidence medium: 13 public sales in a year is a thin market, and the spread between them is wide.

How many BMW M5 have sold?

Shifty has 13 public sales of the BMW M5 on file. The earliest was on Nov 23, 2025.

What is the most expensive BMW M5 sold?

The highest public sale on file is $68,000, on Aug 8, 2026, with 54,000 mi.

What has a BMW M5 sold for at auction?

The 3 most recent public sales we have on file:

$40,357Oct 28, 2026154,939 mi
$21,250Sep 28, 2026Sterling Silver Metallic · 147,000 mi
$18,005Sep 18, 2026Sterling Silver Metallic · 144,000 mi

About the 1989 BMW M5

The E34 M5 represents BMW M's first truly global supercar sedan, transforming the executive car landscape forever. Hand-built in limited numbers at BMW's Garching facility, this M5 packed a naturally aspirated 3.6-liter S38 inline-six producing 311 horsepower, making it the world's fastest production sedan when launched. The S38 engine, derived from BMW's M1 supercar powerplant, featured individual throttle bodies and a 7,000-rpm redline that delivered an intoxicating soundtrack. With only 12,254 examples produced worldwide over six years, the E34 M5 remains highly coveted among collectors. Its perfect balance of understated elegance and explosive performance, combined with bulletproof reliability, has cemented its status as the definitive sports sedan blueprint. Clean examples command strong money today, with low-mileage cars becoming increasingly rare as enthusiasts recognize this as BMW M's golden era masterpiece.