{"id":3216,"date":"2012-01-23T12:19:03","date_gmt":"2012-01-23T18:19:03","guid":{"rendered":"http:\/\/www.davintosh.com\/?p=3216"},"modified":"2012-01-23T12:19:03","modified_gmt":"2012-01-23T18:19:03","slug":"bmwotd-e28-m5","status":"publish","type":"post","link":"https:\/\/davintosh.com\/index.php\/2012\/01\/23\/bmwotd-e28-m5\/bmw-of-the-day\/","title":{"rendered":"BMWotD \u2014 e28 M5"},"content":{"rendered":"

\"\"<\/a><\/p>\n

This car came up for sale a couple weeks ago and was one of those things that might have got me in trouble. I would absolutely love to own an e28 M5, and this one sounded like a good solid car with a decent history of maintenance; it did have a few warts though which pushed the price down below the norm for these cars, but none of the disclosed warts would be difficult to overcome. <\/p>\n

Unfortunately, or fortunately for me, the ad placed on MyE28.com<\/a> lured in a buyer in what ought to be a record time of a little over 16 hours. But as the now disappointed buyer found out, things in an ad are not always as they seem, and diligence is always due especially when buying a car from afar.<\/p>\n

First, here’s the copy & pics from the MyE28.com ad:<\/p>\n

In the past several months I picked up an E60 M5 as a daily driver and an older SL600 as a project car. Consequently, my beloved E28 M5 hasn\u2019t been getting any attention. As it sits, the car really isn\u2019t a garage queen and was built to be driven. With this in mind, I\u2019ve decided to let her go. My father purchased the car in the mid 90\u2019s, and then sold it to me in 2009 (although we haven\u2019t actually transferred the title yet so it\u2019s still in his name). The car hasn\u2019t been in any accidents and includes pretty extensive records both from me and from the previous owner who had the car maintained at Black Forrest Werkshop in Austin, Tx. Being a Tx car, there is absolutely no structural rust on the car or in the body panels. There is, however, a small bubble under the paint on the sunroof. At 180,XXX miles the car underwent an extensive rebuild during which almost every mechanical part prone to wear or failure was replaced. The result was an extremely mechanically sound, tight and fun to drive daily driver. I had intended to keep this car forever (hence the in depth rebuild), but at the moment both my garage and driveway are completely full and it just seems unfair to leave a car like this sitting out in the elements. The car has had regular oil changes with Valvoline VR1 20W-50 racing oil and valve adjustments performed @roughly 15k mile intervals. A full set of valve shims will be included in the sale of the car. Currently, the car has 193,XXX miles on it. A couple major points of the rebuild:
\n
\n-Timing chain and all related components were replaced (including an Evo Cam Gear)
\n-S54 Tensioner installed to prevent future timing chain issues
\n-All suspension components replaced (bushings, mounts, arms, Bilsteins, Euro springs, etc)
\n-Entire brake system replaced (E34 M5 calipers, Brembo slotted rotors, UUC SS lines, Mstr Cyl, Brake Bomb, etc)
\n-All ignition components replaced (plugs, coil, wires, dist cap and rotor)
\n-Rear Sub frame and Front & Rear swaybar bushings replaced with Powerflex units
\n-SI board replaced with updated unit
\n-All engine hoses, bushings, rubber, accessible gaskets, engine mounts, etc. were replaced
\n-JB racing LW aluminum flywheel, new clutch and all associated components replaced
\n-New clutch slave cyl and ss line
\n-All shift linkage replaced
\n-Dinan chip installed (There is an EAT chip listed in the invoice from Steve Haygood, but I never received the part and installed the Dinan unit instead)
\n-New Oil pump and all related components installed
\n-All steering linkage has been replaced
\n-Frank Fey track pipe
\n-Fuel system completely refurbished (injectors cleaned and flow balanced, new fpr, new fuel pumps, new high pressure fuel lines, gas tanked completely cleaned, etc.)
\nI have receipts for all of the parts and I\u2019ve included a pretty extensive list of parts and costs below. I just threw this list together in Excel, so a few items might be missing. For a serious potential buyer, I can provide actual receipts (most of which include part numbers and quantities) for just about anything that has been installed in the car. <\/p>\n

UUC
\nSS Coated Brake Lines\t$119.00
\nSS Coated Clutch Line\t$29.00
\nMagnetic Drain Plug\t$10.00
\nDelrin Carrier Bushings\t$25.00
\n“Big Boy” Clutch Stop\t$20.00
\nRK5 Shift Knob\t$139.00 <\/p>\n

Turner Motorsports
\nJB Racing Light Weight Flywheel\t$539.00
\nPlug Wires\t<\/p>\n

Tire Rack
\nBrembo Slotted Rotors (Fr)\t$255.00
\nBrembo Slotted Rotors (Rear)\t$141.00
\n4 255\/50R-16 Dunlop Direzza Sport Z1 Star Spec Tires\t$559.00 <\/p>\n

Steve Haygood
\nCrankshaft Seal Most BMW M30
\nGasket Timing Cover S38 M5,M6,M30
\nOil Pan Gasket m30
\nMotor Mt
\nMotor Mt M5.M6
\nS38 Valve Cover Gasket
\nSparkPlug Cover Gasket e24,e28
\nCam Seal
\nCamshaft Oring M3.M5,M6
\nS38 Needle Bearing e24,e28
\nIdler Shaft Oring
\nS38 Guide Rail e24,e28
\nS38 Compression Spring
\nRubber Bushing
\nOring
\nS38 Timing Chain
\nDeflection Wheel S38 E24,E28
\nTensioner Rail S38 e24,e28
\nTensioner Rail S38
\nS38 Intake Cam Gear e24,e28
\nCam Gear Evo SportM3\/5\/6
\nLock Plate
\nCrank Gear m30, >81,M5,M6
\n4140 Crank Hub Heat Treated 58-60
\nleft lower control arm Meyle
\nRt lower control arm Meyle,
\nThrust Arm W\/750 Bushing
\nThrust Arm W\/750 Bushing
\nCenter Link e24 e28 83>
\nTie Rod Assem Lemforder
\nIdler Arm Meyle Brand Retail 75
\nFrt Sway Bar Link Lem e24,e28
\nFront Sway Bushing e24 87M6 21MM
\nE28 M5 Rear Sway Bar Bushing
\nrear sway bar link
\nDiff mount
\nHD Rear Axle Carrier Bushing e24,e28
\nRear Pittman Arm
\nM Technic e24\/e28 Frt Spring
\nM technic Rear Springs
\nEat Chip
\nTrans Mount E28M5 E24 M6
\nS52 Tensioner
\nSeal
\nRadiator Mount
\nRadiator Mount
\nBypass Hose M5
\nThermostat Hsgn Hose M5,M6
\nThermostat Cover HoseM5,M6 List
\nCoolant T
\nHoseM5,M6;
\nDistribution Piece
\nExp Tank Hose
\nBypass hose M5,M6
\nUpper Radiator Hose e28 M5,M6
\nHeater Hose
\nHeater Hose
\nHeater Hose
\nRear Shock Mount e28\/e24
\ne28\/24 rear mount gasket
\nstrut mount e24\/28\/30
\nCrank Nut M30 BMW
\noil pump
\nPower Steering Filter
\nInjector Seal
\nOil Pump Sprocket
\nOil Pump Chain
\nBilstein HD Frt Insert E28\/24
\nE24\/28 Rear HD Bilstein
\nIn Tank Prepump e24,e28
\nTotal\t$4,336.54 <\/p>\n

Pelican Parts
\nHex Bolt\t$2.50
\nAdjuster Bar for Power Steering Belt\t$9.75
\nSteering Shaft Flexible Joint\t$18.25
\nWave Washer B6\t$6.00
\nHex Bolt\t$4.00
\nHead Screw\t$4.00
\nFlywheel Seal\t$24.75
\nPilot Bearing Felt Ring\t$1.50
\nPilot Bearing Plate\t$2.00
\nGasket Rear Crankshaft $0.75
\nThrottle Cable Plastic Clips\t$2.00
\nInntake Manifold Gaskets\t$10.50
\nFuel Hose Clamps\t$10.00
\nFuel Hose 8mm Elbow\t$4.00
\nMuffler Hanger Ring\t$5.75
\nOil Filter Kit (2)\t$11.50
\nSelector Rod Seal\t$3.75
\nOutput Shaft Seal\t$3.75
\nInput Shaft Seal $5.25
\nTail Light Bulb\t$4.50
\nWheel Cap Emblems\t$30.00
\nMirror Grommet\t$5.00
\nSeal RU=42BER\t$5.75
\nClip\t$4.00
\n51-91-0-427-859-BOE\t$30.00
\nAccel Cable\t$30.00
\n17-11-2-225-132-BOE\t$2.25
\nHood Release Lever Mech\t$30.75
\nHex Bolt\t$1.50
\nAdjusting Nut for Alternator $5.50
\nSwivel Joint\t$41.50
\nFan Clutch\t$80.75
\nEngine Fan\t$18.00
\nLamp Socket $13.00
\nHood\/Trnk Emblem Grommet\t$2.00
\n86mm Roundel Trunk\t$16.50
\n82.5mm Roundel Hood\t$16.00
\nMaster Cyl to Res Grommet\t$3.50
\nBrake Master Cyl\t$183.25
\nShift Rod Shim\t$1.00
\nFront Caliper Retaining Clip\t$23.00
\nStrut Tower Bushing\t$5.00
\nOring For Swivel Rod Joint\t$0.50
\nRubber Buffer Sponge Shift Rod\t$1.50
\nShift Rod Dowel Pin\t$0.75
\nShift Rod Spacer\t$1.50
\nSelector Circle Clip\t$1.50
\nSelector Rod Joint\t$15.50
\nShift Lever Boot\t$15.75
\nRear Shift Arm Bushing\t$29.25
\nOil Filter Kit\t$5.75
\nLower Rear Spring Pad\t$14.00
\nUpper Rear Spring Pad\t$7.00
\nLower Front Spring Pad\t$5.50
\nUpper Front Spring Pad\t$6.50
\nTie Rod Outer $41.25
\nMufler Hangar\t$5.50
\nWater Hose\t$4.25
\nBreather Hose\t$25.25
\nBrake Fluid Res Cap\/Float\t$24.50
\nExpansion Tank\t$77.50
\nWasher\t$1.00
\nOring\t$1.00
\nGuide Pin\t$26.00
\nRubber Boot\t$85.50
\nFuel Pump $223.25
\nFuel Filter $10.00
\nFlywheel Bolt\t$22.00
\nClutch Release Fork Spring\t$2.25
\nBosch Spark Plug Super\t$30.00
\nIgnition Rotor\t$15.75
\nDistributor Cap\t$40.75
\nOil Filter Kit\t$5.75
\nPwr Steering Belt\t$5.75
\nA\/C Belt\t$8.25
\nAlt. Belt\t$7.25
\nAir Filter\t$61.25 <\/p>\n

Various Sources
\nOdometer Gears\t$25.00
\nCruzin Performance Injector Refurb\t$106.50
\nFrank Fey Track Pipe\t$350.00
\nE34 M5 Brake Calipers\t$400.00
\nAlpine CDA-9887\t$229.00 <\/p>\n

Bimmer World
\nPower Flex Subframe Bushings\t$110.91 <\/p>\n

Beast Power
\nStopTech Brake Pads Set\t$149.00
\nF&R Power Flex Swaybar Bushings\t$103.98 <\/p>\n

Bav Auto
\nEmbroidered Ultimate M5 Mats\t$164.95 <\/p>\n

Autohauzaz
\nCrankshaft Pos Sensors\t$159.18
\nFuel Pres Reg\t$76.98
\nBrake Accumulator\t$93.71 <\/p>\n

Total\t$9,653.50 <\/p>\n

Unfinished items & flaws of note:
\n-The dashboard needs to be replaced. It currently has several large cracks in it.
\n-The fuel door needs to be replaced as it has a very noticeable bend in it
\n-The trunk seal needs to be replaced (small leak)
\n-The plastic cover above the rear bumper is wavy
\n-The car needs new exhaust tips
\n-The fog lights are missing
\n-There was some paint damage on the driver\u2019s side door due to what appears to have been something corrosive dripping on the car at some point. I put a little BMW touch up paint on the spots, sanded them down, and then buffed them back out, but the original marks are still noticeable when looking at a reflection. <\/p>\n

-The A\/C blows cool but not cold in three digit Texas heat. Not really sure what the problem is there.. maybe just needs a system refresh? <\/p>\n

I would like to get $8500 obo for the car which I feel is quite fair as it\u2019s a bit less than I\u2019ve put into just parts in the last 15k miles. To build an E28 M5 in similar mechanical condition it would easily cost three times my asking price. For more information please give me a call (number deleted). I generally stay pretty busy during the week, so please use the phone number for a quick response. <\/p>\n

Pics of the car:
\n\n<\/p><\/blockquote>\n

From the description, it sounds like the seller is being open & honest, and although the car isn’t perfect, the new parts list and the sorting already done make it pretty tempting, especially with a sub-$10,000 price tag. And I was sorely tempted to take a shot at it…<\/p>\n

But the mye28.com for-sale thread continued with reports from the guy who made the purchase offer on the car. He and an uncle (another mye28.com member) travelled to Texas to pick up the car, but once they had a chance to examine it, they got back on a plane & left without it. The for-sale thread tells the whole sordid story, but basically it had been several years since the work had been done to the car, some things were not as they were advertised, and it became clear the seller didn’t know the car very well. From the thread it appears he wasn’t being overtly deceitful, but not overly thorough. <\/p>\n

The sad thing is that arranging to have an independent pre-purchase inspection (PPI) done on it would’ve saved the trip, even having another member in the Houston area give the car a once-over would have been a good idea. Without that, several hundred dollars and a bunch of hours down the drain with nothing but a lesson learned. <\/p>\n

Somebody once told me that one of the big things that differentiates us from animals is that we can learn from others’ mistakes; this is one of those opportunities. <\/p>\n","protected":false},"excerpt":{"rendered":"

This car came up for sale a couple weeks ago and was one of those things that might have got me in trouble. I would absolutely love to own an e28 M5, and this one sounded like a good solid car with a decent history of maintenance; it did have a few warts though which […]<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_jetpack_memberships_contains_paid_content":false,"footnotes":""},"categories":[28],"tags":[408,164],"class_list":["post-3216","post","type-post","status-publish","format-standard","hentry","category-bmw-of-the-day","tag-caveat-emptor","tag-e28"],"jetpack_sharing_enabled":true,"jetpack_featured_media_url":"","jetpack-related-posts":[],"_links":{"self":[{"href":"https:\/\/davintosh.com\/index.php\/wp-json\/wp\/v2\/posts\/3216","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/davintosh.com\/index.php\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/davintosh.com\/index.php\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/davintosh.com\/index.php\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/davintosh.com\/index.php\/wp-json\/wp\/v2\/comments?post=3216"}],"version-history":[{"count":0,"href":"https:\/\/davintosh.com\/index.php\/wp-json\/wp\/v2\/posts\/3216\/revisions"}],"wp:attachment":[{"href":"https:\/\/davintosh.com\/index.php\/wp-json\/wp\/v2\/media?parent=3216"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/davintosh.com\/index.php\/wp-json\/wp\/v2\/categories?post=3216"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/davintosh.com\/index.php\/wp-json\/wp\/v2\/tags?post=3216"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}