✦ Shifty Estimate
$32,600
▼ 7.3% · 12 mo- 12 months median
- $32K
- Sales, 12 months
- 44
- For sale now
- 2
- Original MSRP
- $69,900 · ▼ 53% since
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1998 BMW M5
1998 to 2003 · Sedan
Price history
Recent sales
47 sales
2001 · Le Mans Blue Metallic · 104,000 mi · manual2026-09-02 · EsteBond$27,250
2000 · Anthracite Metallic · 72,000 mi · manual2026-09-01 · 1600veloce$43,500
2002 · Carbon Black Metallic · 54,000 mi · manual2026-08-28 · sennaman$70,500
2001 · Jet Black (668) · 20,000 mi · manual2026-08-28 · noneal01$73,500
2002 · Titanium Silver Metallic · 134,000 mi2026-08-26 · speedyskippy$26,200
1999 · Carbon Black · 128,708 mi · manual2026-08-24$17,385
2001 · Carbon Black Metallic · 132,000 mi · manual2026-08-20 · michaelmotorcar$42,790
2002 · Sterling Grey Metallic · 109,300 mi · manual2026-08-19 · calibri$30,000
2000 · Carbon Black Metallic · 151,000 mi2026-08-14 · Zpbmw1$16,000
2001 · Jet Black · 92,100 mi · manual2026-08-12 · DriveFunCars$32,500
2000 · Carbon Black Metallic · 102,200 mi · manual2026-08-07 · pcarl2386$24,000
2002 · Oxford Green Metallic · manual2026-08-06 · njg187$19,500
2002 · Carbon Black Metallic · 131,500 mi · manual2026-07-31 · hke4$22,500
2002 · Titanium Silver Metallic · 39,000 mi · manual2026-07-29 · Thecarcompany$57,500
2003 · Titanium Silver Metallic · 124,800 mi · manual2026-07-15 · cmcgreene$18,500
2003 · Sterling Gray Metallic · 70,600 mi · manual2026-07-07 · Mrkevinrosales$36,000
2002 · Alpine White (300) · 107,000 mi2026-07-01 · jimmy713$40,250- 2000 · Jet Black · 99,451 mi · manual2026-06-17 · RMCAG$27,074
2003 · Titanium Silver Metallic · 36,000 mi · manual2026-06-12 · wadlard$47,750
2002 · Titanium Silver Metallic · 159,300 mi · manual2026-06-10 · LongRoofV8$16,750
2000 · Jet Black · 45,000 mi · manual2026-06-09 · KennanR$50,000
2000 · Carbon Black Metallic · 66,000 mi2026-06-09 · enthusiastspec$45,750
2003 · Imola Red · 102,000 mi · manual2026-05-21 · Simon_Shant$31,000
2003 · Silver · 17,000 mi · manual2026-05-15 · Kyle951$80,500
2003 · Le Mans Blue · 109,700 mi · manual2026-05-14 · Derekchan$40,539
2000 · Bluewater Metallic · manual2026-05-13$29,700
2002 · Titanium Silver Metallic · 117,300 mi · manual2026-05-01 · S54ATL$26,249
2001 · Anthracite Metallic · 129,200 mi · manual2026-04-23 · RedS2$33,750
2002 · Sterling Gray Metallic · 74,000 mi · manual2026-04-14 · WheelHouseExotics$34,800
2002 · Titanium Silver Metallic · 99,000 mi · manual2026-03-19 · Mike2026$28,289
2000 · Imola Red · 47,000 mi · manual2026-03-05 · p1_motorcars_ltd$60,000
2000 · Imola Red II · 63,000 mi · manual2026-03-04 · p1_motorcars_ltd$41,500
2001 · Carbon Black Metallic · 112,000 mi · manual2026-03-01 · tgperformance$31,000- 2003 · Imola Red · 34,005 mi · manual2026-02-20$57,000
2002 · Jet Black (668) · 57,000 mi · manual2026-02-16 · lasvegasmotorcars$43,500
2003 · Carbon Black Metallic (416) · 19,000 mi · manual2026-02-07 · autocentroimports$69,500
2003 · Carbon Black Metallic · 170,300 mi · manual2026-02-06 · JersGarage$15,250
2003 · Titanium Silver Metallic (354) · 165,000 mi · manual2026-01-31 · micronova$21,250
2002 · Carbon Black Metallic (416) · 130,000 mi2026-01-28 · stevemotosport$25,339
2002 · Titanium Silver Metallic (354) · 87,000 mi · manual2026-01-15 · davidga$33,750
2000 · Le Mans Blue Metallic (381) · 96,000 mi · manual2026-01-11 · orojas1$29,339
2000 · Titanium Silver Metallic · 63,900 mi · manual2026-01-08 · SeacoastHouseofCars$37,000
2003 · Alpine White (300) · 231,000 mi · manual2026-01-05 · BMWOC$25,050
2001 · Blue · 141,065 mi · manual2025-11-18 · Private Seller$17,409
2003 · manual2025-03-06$134,400
2001$117,600- 2001 · Jet Black · 183,000 mi · manual$16,000
For sale now
2 listings
2001 · Silverstone · 79,832 mi · North State Auto Sales$44,985
2003 · Imola Red · 87,883 mi · Luxury Motorcars$69,900
Specifications
- Engine
- V8, 4.9L
- Power
- 394 hp
- Torque
- 369 lb-ft
- 0 to 60
- 5.3s
- Top speed
- 155 mph
- Transmission
- Manual
- Drivetrain
- RWD
- Original MSRP
- $69,900
Common questions
How much does a BMW M5 cost?
A 1998 BMW M5 cost $69,900 new. Over the past 12 months, 44 have sold publicly at a median of $31,750. The Shifty Estimate for a well-kept example is $32,600. Cars have changed hands anywhere from $17,392 to $57,350, depending on mileage, color, and history.
What is a 1998 BMW M5 worth today?
The Shifty Estimate is $32,600, down 7.3% over the past 12 months. Confidence is high: 44 public sales in a year gives a firm read.
Is a BMW M5 a good investment?
It has depreciated 53% against its $69,900 list price. Values are down 7.3% over the past 12 months. The caution is spread, not direction: across the sales we have on file, prices ran from $15,250 to $134,400, and mileage explains most of that.
What has a BMW M5 sold for at auction?
The 3 most recent public sales we have on file:
- $27,250Sep 2, 2026Le Mans Blue Metallic · 104,000 mi
- $43,500Sep 1, 2026Anthracite Metallic · 72,000 mi
- $70,500Aug 28, 2026Carbon Black Metallic · 54,000 mi
The E39 M5 represents BMW M's finest hour—a perfect storm of naturally aspirated V8 fury and executive sedan refinement. Its hand-built 4.9-liter S62 V8 produces 394 horsepower, propelling this autobahn missile to 60 mph in 4.8 seconds while maintaining four-door practicality. Only available with a six-speed manual, it's the last of the analog M5s before electronic intervention took hold. BMW built just 20,482 worldwide, making clean examples increasingly coveted. The E39's timeless Chris Bangle-penned silhouette aged gracefully, while its chassis dynamics still shame modern sports sedans. Collectors prize low-mileage examples, particularly in Imola Red or Carbon Black, as values have steadily climbed. This generation bridged BMW's old-school ethos with modern performance, creating what many consider the greatest M5 ever built. Finding an unmolested example with service records is becoming the holy grail for serious BMW collectors.