DT has kept a close eye on the E34 M5 market over the past few years - these were somewhat forgotten; not quite old enough to be classic but not new or powerful enough to be desirable by the daily driving masses, especially when compared to the 400hp V8 powered E39 M5. That seems to be changing, with values steadily on the rise for the past 2 years, and this Avus Blue wagon should give a good indicator of the top of the market. It's a rare variant not sold here, plus it's got the larger ultimate 3.8L version of the S38 engine and
As if the body and drivetrain configurations weren't enough, this car also has the sportier Nürburgring package suspension (although my '93 has the ZF Servotronic speed sensitive steering too), and the swanky buffalo leather interior. Hey - there's a taller center console mounted armrest in this car - I want one of those! Curiously, it lacks the wood trim found on every other E34 I've seen. Condition of course plays a big part in the strong bidding on this particular car; but yes, if it was a spanked fixer-upper, it would still command a premium over an equivalent condition 3.6L sedan. However, it makes more sense to import a really nice example if you're going to go to all the trouble. We don't see many scruffy E34 M5 wagons on this side of the pond for that reason. The last one we featured looked just as nice, and was going for $22.5k asking.
The "throwing star" covers on the M-System II 17" wheels are original to these later E34 M5s, and really compliment the clean lines of the executive express. I'm partial to these stockers but I happen to know that these cars look great when lowered over ACSchnitzer Type II 3-piece wheels as well. In any case, I'm predicting a sale price near $35k for this unicorn, which can only mean rising tides for the sedans - bad for anyone looking to buy one - but good for those of us who hoarded a few years ago.
What's your take on this E34 M5T and BaT's auction format in general?