BMW M5 Review (1999 to 2003)

Quick Summary

Despite a whole host of more modern rivals challenging BMW's crown, many enthusiasts would say that the M5 has never been eclipsed. After a brief drive in a well looked after used example you'll see what they're raving about. It may no longer be with us but this M5 still has it.

Overall:

Models Covered:(4 dr saloon, 4.9 petrol [M5])

GONE BUT NOT FORGOTTEN

BMW's 1999-on M5 was the car that started the horsepower war in Germany. Before this super-saloon arrived, 400bhp was a virtually unheard of figure for a sports-minded executive saloon to be developing. Once BMW had set the new standard however, a host of imitators appeared with even more power. But more power doesn't mean more desirable. Many still believe this M5 to be the pick of like-minded cars in its sector. Here's our guide to finding yourself the best one possible.
Used BMW M5 for sale

History of the M5

Late last century, performance enthusiasts intent on owning the world's finest sports saloon had been waiting with bated breath for the men at BMW's Dingolfing plant to unleash the latest red-hot M-Power version of the 5 Series, and in March 1999, the wait proved well worth it. With 400bhp and a V8 engine, the M5 rewrote the rules on what defined a premier league performance saloon. At a few pounds shy of £60,000 it certainly wasn't cheap, but judged on any objective basis, the M5 was quite simply the best car there was. Many would argue it still is.BMW made a number of cosmetic changes for the 2001 model year. Pay attention and you'd spot body-coloured rubbing strips, round fog lights and a redesigned front spoiler. The headlights were now of the fashionable clear lens variety and the indicator lamps became round. To help some of the M5 magic trickle down through the rest of the range, that model's wider chrome grille surround were found on all variants. The interior benefited from a few tweaks as well. A revised range of options were also available, including a Mini Disc system, a voice-controlled telephone and a larger television screen.
Used BMW M5 for sale

BMW M5 Road Test

Opt for the M5 and you get the sort of performance that embarrasses many temperamental two-seat exotics. With 400bhp on tap, the M5 will accelerate to its 155mph maximum accompanied by a magnificent hard-edged V8 soundtrack. Sixty mph is despatched in just over five seconds and the handling is particularly exciting if you enjoy switching off the traction control, drifting it sideways and receiving big Amex bills for tyres.
Used BMW M5 for sale

Buying a BMW M5

Very little goes wrong with the M5. The oil temperature gauge incorporated into the rev counter reminds users not to thrash the car from cold and most who buy these cars are knowledgeable types in any case. The black chromed alloy wheels are hideously prone to kerbing and it's worth taking a good look at them for damage. When paying this sort of money you should expect the best and negotiate big discounts for tired interiors or less than cosmetically perfect bodywork. Avoid aftermarket accessories as these will dent the resale value and check for crash damage and that it is clear of outstanding finance.
Used BMW M5 for sale

BMW M5 Typical Pricing

Prices for the M5 were hit by BMW's decision in late 2000 to cut many of their prices, the M5 falling from £63,000 down to a bargain £55,000. As such, early cars can be found for a scarcely credible £15,000 on a 1999 T plate rising to around £29,900 for a 03-plated model. The M5 proposition is otherwise refreshingly simple. No special edition models, no go-faster variants, no Touring estate version and no flim-flam. Insurance is, predictably, Group 20.
Used BMW M5 for sale

BMW M5 Parts

(approx based on a 2000 M5 ) BMW spares have gained an enviable reputation for quality and value and consumables are distinctly affordable. An air filter is around £20, whilst you'll pay a similar amount for a fuel filter. Oil filters are around £8, whilst spark plugs are £21. A replacement cam belt is around £28.
Used BMW M5 for sale