A rare E34-era 540i Limited Edition, number 68 of only 70 examples built, which is now equipped with a few sensible modifications. Under the bonnet is the ‘M60’ 4.0-litre naturally aspirated V8, delivering 210kW / 282bhp and 400Nm of torque to the rear wheels through a six-speed manual transmission. The car has now been with the seller in Ballarat, Victoria, for just over a year, and is supported by a collection of maintenance invoices dating back to 2000. The odometer indicates 203,785 km. The 540i Limited Edition specification includes the interior from the contemporary M5, ‘Throwing Star’ alloy wheels, Electronic Damper Control suspension with a self-levelling rear, Servotronic power steering, and a deeper front bumper with front fog lights. This example is finished in Oxford Green with the Shadowline trim, over a Silver Grey ‘Bison’ leather interior with fine wood inlays and a leather-trimmed steering wheel with ‘M’ tricolour stitching. It rides on its original 17-inch ‘Throwing Star’ M-System II alloy wheels, shod with Bridgestone Potenza Adrenalin RE003 tyres. Factory equipment includes the multifunction ‘M’ steering wheel, electric sunroof, electrically adjustable sport seats with memory function, mechanically adjustable rear headrests, air conditioning, cruise control and a top-tinted windscreen. An aftermarket Kenwood stereo has been fitted. This example also has a clutch and flywheel from the E39 M5, and a short shift kit from a BMW Z3. Accompanying the vehicle will be the original owner’s manuals, along with the factory-supplied stereo and a collection of maintenance invoices. Please note: the Victoria club permit registration ‘8044 H6’ will not be included in the sale. The car was previously repaired and resprayed to rectify scratches. Its paintwork is now reported to be in excellent condition, with minor stone chips visible on the front bumper, bonnet, door mirrors and wing panels. There is also a superficial dent on the right-rear door. The upholstery is believed to be original outside of the headlining, pillars and sunroof trim. There is wear on the seat bolsters, though overall the cabin presents well for its age. The seller is not aware of any mechanical or electrical faults. The most recent maintenance was in December 2022, Reptile Gulch Motors undertook a standard annual service of the vehicle with an oil leak rectified and a worn front strut top replaced.. In October 2021 Ryan’s Mechanical replaced the front and rear sway bar ‘D’ rubbers, and the rear sway bar links. In July 2021 at 202,266 miles, technicians at Southern BM carried out an Inspection II service, where the engine oil, oil filter, air filter, fuel filter, spark plugs, gearbox oil and differential oil were replaced. Additional maintenance included replacement of the heater inline pump, rear brake hoses, muffler mounts, tailshaft centre bearing and left-rear window regulator, as well as a repair to the EDC suspension loom. This BMW (E34) 540i Limited Edition is a rare and desirable high-specification version of the modern classic saloon, with a few eye-catching modifications, including an E39 M5 clutch and a Z3 short shift kit. Benefitting from a recent major service and some additional repair work, it is now ready to be enjoyed out on the open road. The description of this auction lot is, to the best of the seller's knowledge, accurate and not misleading. Collecting Cars requests a range of detail about the lot from the seller, and performs a level of due diligence. However, bidders must satisfy themselves as to the accuracy of the description, and conduct any research they feel is necessary before committing to a bid. Please see our Terms and Conditions for full details. This vehicle’s VIN has been checked against the Australian Personal Property Securities Register, and there is no security interest or other registration kind logged against the serial number. This vehicle has been checked through the Austroads NEVDIS system, and there are no markers under the written-off or stolen databases.