On the list of cars that BMW should have built/sold in the US market, it goes like this. BMW Bavaria Turbo, BMW M7 (e32), BMW M-Compact (E46), and BMW M5-Touring (E39). It wouldn't have been that hard to make a touring (wagon) version of the M5, and many folks have done it by themselves. At least BMW was kind enough to sell us the wagon version with the M62 V8, but it was only available with a slushbox. If you want the 6-speed you'll have to go searching for a cheap sedan where a seller is going to be desperate soon. Find this 2003 BMW 540iT Wagon here on eBay, bidding for $7,100 with less than one day to go, located in Montebello, CA.
The E39 generation BMW 5-series was introduced in 1996 and was the last
BMW untainted by Chris Bangle's Picasso-meets-KimKardashian styling. It
shared inline-6 engines with the BMW 3 Series, but was also available
with BMW's high strung V8 in 540i and M5 trim.
By 2003 the 4.4 liter V8 was equipped with BMW's VANOS (variable NockenwellenSteuerung) and was rated at 291 horsepower and 340 ft-lbs of torque.
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