BMW M5 E28
Sold prices, market value and cars for sale
As of October 21, 2026, Shifty has recorded 10 public sales of the BMW M5 E28. The records run from March 2023 to September 2026. In the past 12 months, 5 sold at a median of $126,000. The Shifty Estimate for the M5 is $84,000.
Versions
About the BMW M5 E28
- Built
- 1984 to 1988
- Versions
- 1
- Body styles
- Sedan
- Engine
- Inline-6, 3.5L
- Power
- 256 hp
- 0 to 60
- 6.2 s
- Top speed
- 153 mph
The BMW M5 E28 was built from 1984 to 1988.
The M5, the most traded version: 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.
The market
Recent sales
Common questions
How much does a BMW M5 E28 cost?
In the past 12 months, 5 sold at a median of $126,000. Half of the 10 most recent sales landed between $37,000 and $126,000. The Shifty Estimate is $84,000.
What is a BMW M5 E28 worth today?
The Shifty Estimate for the M5 is $84,000. It describes a well-kept example.
What is the most expensive BMW M5 E28 ever sold?
The highest sale on file is $183,000, for a 1988 BMW M5 at Hagerty Marketplace. It sold on Mar 23, 2026. It showed 9,800 miles.
How many BMW M5 E28 examples have sold?
Shifty has recorded 10 public sales since March 2023. 5 came in the past 12 months. The most recent sold for $30,250 on Sep 1, 2026.
Where do BMW M5 E28 examples sell?
Of the last 10 sales with a known venue, 6 were at Bring a Trailer. The rest: Cars & Bids (2), Broad Arrow (1) and Hagerty Marketplace (1).
How many miles do BMW M5 E28 examples have when they sell?
Across the last 8 sales with a recorded odometer, the median was 105,000 miles. The lowest showed 9,800 miles and the highest 199,000 miles.
Where do Shifty's BMW M5 E28 prices come from?
Every figure here comes from recorded public sales and live listings of the BMW M5 E28. Each sale is filed by version and year. Shifty leaves out cars without a clean title, mismatched cars and implausible prices. The Shifty Estimate weights the most recent sales most heavily. These figures were read on October 21, 2026.