Piston Slap: E39 M5, Labor of Lust?

Still The Ultimate...

Jul writes:

Hey Man, I’d like to have your opinion: What do you think of the E39 M5?

Let me rephrase: What would you think about a 98000 miles absolutely mint condition, owned by an older gentleman with 3 or 4 other cars (the E39 not being his daily driver), with VANOS changed, clutch changed, and everything that could break down been changed as a preventive measure, E39 M5? … For $15K?

Wondering if I would treat myself to a potential money pit here buying this beast (that I already test drove, I’m in Love) knowing that I will not be driving it more than…5000 miles a year for the next two years MAX!

THANKS!

Sajeev answers:

I gotta say, E39 M5s are still the best super sedan on the planet. Sure they aren’t the top performer and lack the necessary gadgetry to spank today’s overstyled iron, but the driving experience is purer in the best BMW sedan ever made. The only flaw was the numb steering on-center. Which I quickly overlooked to fall in love with the rest of the package: I drove the finest E39 M5 (Sterling Gray with Caramel Leather) in 2002 and…well…that car completely changed my life.

Go ahead and buy it, but have about $5000 lying around for the next two years, because you could very well use it. Anything with rubber can and will fail at this age: go price a new power steering hose and see for yourself. The pixels (that always fail) on the cluster will be another few hundred. Anything that can possibly wear will do just that, even if the car sits around for most of the time. Time is not on its side, this will be a labor of love.

No wait…a labor of lust. I would buy this car, but you have been warned.

Jul answers:

Hey Sajeev,

Thanks a lot for the super quick reply man, really appreciate. As far as your answer I think we’re on the same page, unfortunately, if I want to be serious…I ride my motorcycle 90% of the time to commute but once in a while I need 4 wheels…So I guess the M5 would be driven about 2 days a week average, not enough to sit and wear all the rubber and seal components but still… As far as the pixel on the meter cluster screen they already started, it made me laugh cuz you’re right: They always do!

Oh well… I think I’m going to keep enjoying the bike and my old car and will wait a bit for a sport sedan… It’s not like I REALLY need it at the moment, but I liked entertaining the idea I think.

Sajeev concludes:

I really want you to buy this car, even if common sense demands otherwise. One thing we need to be clear on: rubber degrades just by sitting around…and once you heat cycle it a few times because you want to take the M5 on a few trips….boing! Something fails! And that’s assuming that all the electrics, leather, paint, suspension bits are like new. Which isn’t the smartest idea.

Tell me how this turns out for you.

Send your queries to sajeev@thetruthaboutcars.com . Spare no details and ask for a speedy resolution if you’re in a hurry.