For Sale: 1988 BMW M5 E28 – Classic Performance, Freshly Serviced

All U.S.-spec E28 M5s were finished in Schwarz (086), and this example stays true to that factory specification.

Front and rear spoilers, fog lights, a dual-outlet exhaust, and a power-operated sunroof accent its classic black paint.

In 2024, the passenger-side rear door was refinished to correct a dent, while the mirror motor, hood roundel, and fender liners were also replaced to maintain its clean presentation.

Though the seller has noted some minor cosmetic imperfections, they’re well-documented in the gallery and expected on a car with authentic character.

Rolling on Restored Style

The OEM 16-inch basketweave alloy wheels, refinished in 2017, retain their iconic style and are wrapped in 225/50 Michelin Pilot Exalto tires. Ventilated front discs and solid rear rotors with ABS handle braking duties.

That same year, the front calipers were rebuilt and paired with new pads, rotors, front thrust rod assemblies, and rear pitman arms. In 2024, fresh sway bar links were added, followed by a brake fluid flush and a four-wheel alignment in July 2025, ensuring this M5 stops as confidently as it goes.

Luxurious Leather and '80s Tech

Inside, the M5’s cabin blends sporting intent with subtle luxury. The Natur leather sport seats—repaired in 2017—still offer excellent support, with matching leather extending to the rear seats, door panels, and center console.

• Power-adjustable heated front seats
• Cruise control
• Power windows
• Air conditioning
• BMW’s onboard computer
• Period-correct cassette stereo

Even the trunk rubber seal was replaced for a tidy finish in the rear cargo area.

Analog Driver’s Delight

Front and center sits the three-spoke M-Tech I steering wheel, framing a 170-mph speedometer, a 6,900-rpm redline tach, and gauges for fuel and coolant.

The six-digit odometer shows 85,000 miles, with around 600 miles added under the current ownership. A mileage discrepancy noted on the Carfax in November 2021 is acknowledged by the seller.

S38 Power and Motorsport Pedigree

At the heart of this super sedan is the legendary 3.5-liter S38B35 inline-six, renowned for its throttle bodies and racing DNA. Factory rated at 256 horsepower and 243 lb-ft of torque, this engine delivers power with a snarling edge.

Mechanical highlights include:

• 2017: Valve adjustment, ignition components replaced, new drive belts, alternator bushings, and muffler assembly
• 2024: Oil and coolant service, A/C recharge, new power steering lines, distributor seals, and exhaust hangers
• July 2025: Power steering pulley, fan belt, oil change, and brake fluid flush

Paired to a Getrag 280 five-speed manual gearbox and a limited-slip rear differential, the M5 sends its power to the rear wheels with pure mechanical precision.

Own a Piece of BMW M History

With its motorsport heritage, original color combination, and a long list of recent maintenance, this 1988 BMW M5 is a true collector’s gem that’s ready to be driven—or preserved.

Don’t miss your chance to bid on this analog M car icon.

Check out the full listing now on Bring a Trailer and make this E28 yours before it’s gone.