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1993 BMW M5
4dr Station Wagon
6-cyl. 3795cc/335hp FI
#1 Concours condition#1 Concours
#2 Excellent condition#2 Excellent
#3 Good condition#3 Good
$76,400 CAD*
+7.2%
#4 Fair condition#4 Fair
Apr 2025
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1991-1993 BMW M5 (E34) stats
Highest sale
$106,958 CAD
Lowest sale
$49,686 CAD
Most recent sale
$95,788 CAD
Sales
303
Photos
2 photosImages may not reflect selected vehicle.
Past sales
$52,286 CAD
1992 BMW M5 Base
141229 K
Standard
Europe
Mar 12, 2025Collecting Cars
View details
$26,235 CAD
1995 BMW M5 Base
Standard
Europe
Mar 6, 2025Car and Classic
View details
$19,950 CAD
1991 BMW M5 Base
125000 K
Standard
North America
Jan 17, 2025Bring a Trailer
View details
$45,718 CAD
1992 BMW M5 Base
123800 M
Standard
North America
Dec 30, 2024Cars & Bids
View details
$22,765 CAD
1991 BMW M5 Base
150600 M
Standard
North America
Nov 25, 2024Cars & Bids
View details
$21,632 CAD
1991 BMW M5 Base
Europe
Nov 12, 2024Car and Classic
View details
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Model overview
Model description
BMW’s M Division had already created several driver-focused masterpieces during the 1980s when they introduced their wonderfully enhanced E34-based sedan in 1991. This new car, dubbed the M5, featured chassis improvements over the base 5-series E34 that included different dampers, springs and thicker anti-roll bars, all fitted by hand in Garching just as they had been with the car’s E28-based predecessor. The powerplant used was the S38B36 3.5-liter DOHC I-6 that produced a turbine-smooth 310 horsepower, which was good enough for a low 6-second 0-60 sprint and 155 mph when chasing the horizon. Cosmetic changes included a different front spoiler and bright BMW “M” badges to differentiate this 5 Series from its more mundane brethren.
M Motorsport produced 12,254 M5s from September 1988 to August 1995, with 1,678 coming to the USA and Canada between model years 1991 to 1993. North American spec cars sold through September 1992 had unique 17” BMW M System I wheels with a center brake cooling fan insert that most find attractive today in spite of many journalists’ likening them to whitewalls at the time. The 1993 model year cars displayed more traditional M System II “Throwing Star” alloys that were nonetheless more effective at brake cooling.
A new 3.8-liter SB38B38 version of the I-6, now with 340 hp, was introduced in 1991 and went into cars for most markets except North America, which continued with the 3.6-liter version for the final year of its stateside availability. The same 5-speed manual transmission was utilized throughout production until the final model year in 1995 when the gearbox gained a cog, and these 6-speed cars command a premium today as do any of the 891 Estate Wagon examples that were built from 1992 on. Some special editions included the LHD Winkelhock and Cecotto cars as well as a RHD UK special edition that consisted of the final 50 cars sent to the UK importer.
The E34 series M5 enjoys an especially committed following today that supports them online and in the parts aftermarket with most issues being restricted to motor/transmission mounts and fragile timing chain tensioners that can be replaced with a later E36 unit as a common fix.
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Common Questions
The value of a 1993 BMW M5 can vary greatly depending on its condition, mileage, options, and history. Typically, you can expect to pay around $31,100 USD for a 1993 BMW M5 in good condition with average spec.
The highest selling price of a 1993 BMW M5 at auction over the last three years was $106,958 CAD. The highest prices are usually reserved for rare or exceptionally well-maintained examples with desirable features or modifications and excellent history.
The lowest selling price of a 1993 BMW M5 at auction over the last three years was $49,686 CAD. The lowest prices are usually paid for examples that have extensive maintenance needs, differ greatly from their original configuration, or have accident histories or title problems.
In the last three years there have been 9 1993 BMW M5s sold at public auction.
The most recent auction sale of a 1993 BMW M5 was $95,788 CAD on June 04, 2024 by Cars & Bids.
Many factors can increase a car's value including excellent condition, exceptional originality, a recent restoration, low mileage, unique provenance, desirable options, popular or unique color choices, and excellent maintenance records. Upgrades and modifications that enhance performance or aesthetics can also add value.
Factors that can decrease a car's value include unusually high mileage, poor maintenance history, visible wear and tear, accidents or damage, title issues, and gaps in ownership history. Additionally, less popular color choices and extensive modifications that don't appeal to a broad audience can reduce value.
Mileage plays a significant role in a classic car’s value. Lower mileage usually increases value because it indicates a higher degree of originality, is rarer, and suggests less wear and tear. However, cars with exceptionally low mileage may also have maintenance needs due to lack of use. Whether someone should pay more for a vehicle with lower miles will depend on how they plan on using it, and the vehicle's specific condition.
The value of modified cars differs widely based on the type and quality of modifications. While some modifications can significantly increase value, especially performance enhancements and high-quality custom work, others may not add much or could even detract from the car’s value if they appeal to only a limited audience.