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Cars / BMW / M5Live
1989 BMW M5

✦ Shifty Estimate

$37,000

Medium confidence$25K to $55K
12 months median
$35K
Sales, 12 months
7

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1989 BMW M5

1989 to 1995 · Sedan

Price history

$20k$40k$60kNov 20252026✦ SHIFTY ESTIMATE TODAY $37k
Sold Bid, not sold
7 sales · 3 unsoldmedian $35kupdated Aug 2026

Specifications

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

Common questions

How much does a BMW M5 cost?

Over the past 12 months, 7 have sold publicly at a median of $35,250. The Shifty Estimate for a well-kept example is $37,000. Cars have changed hands anywhere from $25,164 to $55,400, depending on mileage, color, and history.

What is a 1989 BMW M5 worth today?

The Shifty Estimate is $37,000. We rate confidence medium: 7 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:

  • $33,000Aug 18, 2026Sterling Silver Metallic · 160,000 mi
  • $68,000Aug 8, 2026Brilliant Red (308) · 54,000 mi
  • $35,250Jul 31, 2026Avus Blue (276) · 101,190 mi

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.

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