This Australian-delivered E34 M5 is a regularly maintained example of the iconic ‘90s performance saloon. Power comes from a motorsport-derived naturally aspirated 3.6-litre inline-six, delivering around 233kW to the rear wheels via a five-speed manual transmission. The vehicle has been with its current owner for three years, and is noted to have benefitted from some discerning upgrades including uprated shock absorbers, Eibach springs, and a short-throw gear shifter. The E34-era M5 was BMW’s last hand-built M car, and only around 90 examples were delivered to Australia. The seller also notes the car had a bare metal repaint during previous ownership. Build year: 1990 This M5 is finished in Sebring Grey over a black extended leather-trimmed interior, featuring a complementary black upper dashboard, steering wheel, and door cards. It rides on a set of original 17-inch staggered ‘Throwing Star’ alloy wheels now finished in body colour with polished barrels, and wearing Goodyear Eagle F1 Sport tyres (235 section at the front and 255 at the rear). Equipment includes an electric lift and slide sunroof, a rear sun blind, auto-dimming interior and exterior mirrors, electric seat adjustment with memory, cruise control, air conditioning, a BMW radio cassette player, a trip computer, and rear reading lights. The seller states that the factory spoiler was removed during the bare-metal respray, though it is included with the car freshly painted. The original self-levelling rear shock absorbers have been replaced with aftermarket units, paired with Eibach springs front and rear. The wheels have been refinished in body colour from their original silver, and the shifter has been upgraded to a later short-throw unit. The vehicle will be supplied with its original leather wallet containing the owner’s manual, service booklet, and Australian-market-specific contents, along with the E34 M5 dealer marketing folder, original marketing booklet, and two keys. A replacement centre console in extended leather is also included with the sale. Please refer to the photo gallery to assess the exterior and interior condition. Specific notes from the seller include: Defects include a minor scratch on the boot lid to the left of the BMW emblem, some shrinking to the door card leather, and some wear and tear on the steering wheel. The centre console shows scratches and holes from the prior installation of an old hands-free kit, a spare undamaged console is included. The seller notes that the self-levelling suspension has been removed, and the air conditioning is present but not operational. While the seat memory functions, it was disconnected due to battery drain when the car is left undriven; but the seats themselves remain electrically operational. The most recent inspection of roadworthiness was in January 2024 during which the seller reports that no warnings or advisory items were noted. The latest service was during June 2025 at 262,161 kilometres. The work comprised of an engine oil and filter change, and replacement of the front brake discs and pads. Prior to this, the car was serviced in January 2024 at 257,500 km, which included an oil and filter change as well as replacement of the rear brake discs and pads, the brake fluid, gearbox and differential oil, and air filter, and in August 2015 at 248,879 km which consisted of a routine engine oil and filter change. In the six months prior to the January 2024 RWC, a minor overhaul of suspension bushes and other items was completed. A detailed list of items replaced is available in the ‘Documents’ section of the photo gallery. During 2015 to 2023, the car is noted to have been stored while undergoing some refurbishment, including a bare-metal respray and a cooling system overhaul. Dates and mileage: 09.1990 – Pre-delivery 10.1990 – 4,021 km 07.1991 – 23,092 km 09.1991 – 27,347 km 11.1991 – 31,224 km 03.1992 – 40,424 km 08.1992 – 50,714 km 04.1993 – 64,021 km 08.1993 – 72,319 km 10.1993 – 75,683 km 09.1994 – Not readable 06.1995 – 87,702 km 07.1995 – 105,394 km 03.1996 – 115,848 km 08.1996 – 119,374 km 05.1997 – 128,154 km 04.1998 – 140,186 km 11.1998 – 147,839 km 05.1999 – 152,995 km 06.2000 – 163,878 km 01.2007 – 190,260 km 07.2008 – 206,054 km 04.2011 – 218,250 km 04.2012 – 228,489 km 06.2013 – 240,364 km 08.2015 – 248,879 km 01.2024 – 257,500 km 06.2025 – 262,161 km This E34 BMW M5 is an Australian-delivered example of the refined modern classic performance saloon, offered for sale having benefitted from a prior repaint, and sporting a characterful inline-six and manual gearbox. It would make a stylish and exciting companion which could be used regularly or savoured for weekend drives.