Mileage: 114,800 Miles
Engine: M62TUB44 4.4-Liter V8 Engine
Transmission: 5-Speed Steptronic Automatic Transmission
Exterior color: Titanium Silver Metallic (354)
Interior: Montana Grey Leather (N6TT)
Wood Interior Trim
M Leather Steering Wheel
Sport Self-Leveling Suspension
Sport Seats Heated / Power / Memory
Shadowline Satin Chrome Trim
Style 32 17-Inch Sport Wheels
Auto-Diming Rearview Mirror
BMW Business Stereo with HiFi Sound System
DSP Dynamic Sound Processing
On Board Computer
BMW Carpet Floor Mats
BMW All-Weather Floor Mats
Bridgestone Blizzak Tires
All Maintenance Up to Date
100% Stock and Unmolested
The BMW E39 generation 5 Series was the pinnacle BMW 5 Series. The E39 was significantly more powerful, advanced, and modern than its E34 predecessor, yet was the last of the iconic traditional designs before Chris Bangle and Adrian van Hooydonk’s awkwardly styled E60 5 Series. In 2001, post-facelift examples received Angel Eye headlights, LED Celis taillights, and other minor revisions. The sport wagon, or “touring,” was offered with 6-cylinder and V8 engines starting in 1999. While not necessarily rare, E39 wagons are much less common than their sedan counterparts, with roughly 13,000 wagons sold versus 181,000 sedans through the entire US production run. Of those, only 2,363 were 540i wagons—arguably the most badass wagon BMW ever brought to US shores. The Sport Package included an M Sport Steering Wheel, Sport Self-Leveling Suspension, Sport Seats, Shadowline Trim, and 17 x 8 inch Style 32 wheels. E39s were so good that many literally had the wheels driven off of them, and the wagons were no exception. Well-maintained, cosmetically clean examples are rare in a dwindling population of surviving examples. As BMW has ceded the US market to ugly, bloated, top-heavy crossovers, the wagon has become the enthusiast’s choice for a car that hauls ass while hauling kids, dogs, or whatever else will fit in its large cargo hold.
This 2002 540iT Sport in Titanium Silver Metallic (often referred to by its periodic table names TiAg) over Grey Montana leather is an excellent example. All 540iT’s featured the Sport Package consisting of the M Steering wheel, sport seats, sport self-leveling suspension, shadowline trim and Style 32 wheels. This example is also equipped with the BMW HiFi sound system with DSP Dynamic Sound Processing, the Premium Package, and BMW all-weather floor mats. BMWs are like airplanes, in that proper car and maintenance are much more important than strictly age or mileage. This is especially true with a V8 E39. This 2001 540iT Sport is one of those examples, thanks to its excellent ownership pedigree. The records go back to 2004 when Schomp BMW sold it to the second owner. That owner lived nearby in Lafayette, CO and had it serviced at Lafayette Import Car Care. The records are substantial showing regular and frequent maintenance including engine and transmission re-sealing, cooling system overhauls, door lock actuators, window regulators, wheel bearings, oxygen sensors, blower motor resistor, hatch shocks and lift-gate latch, and regular fluid changes. It first came to us in 2017, where we facilitated the sale to the previous owner who continued its maintenance pedigree. The work in the last two years includes front suspension bushings, rear brake pads and rotors, cabin air filters, washer reservoir, radiator, water pump, thermostat, temp switch, and serpentine belt, coolant flush, exhaust hangers, valve cover gaskets, along with regular oil changes. In preparation for sale we replaced the power steering lines, reservoir gasket, left front control arm, a few small oil and coolant leaks, the rear sport air shocks, and we gave it a fresh oil change. The timing chain guides are quiet on cold starts. We also refinished the Style 32 wheels and gave it a thorough detailing. It will certainly need continued care and maintenance, but compared to most E39 V8s that have been abused or neglected, this example stands out.
Titanium Silver is one of those colors that always looks fantastic. The paint on this example is in good condition. There are the typical minor scratches and door dings to be expected of a nearly 20 year-old wagon, but nothing overly glaring. The leading edge of the hood as well as the front bumper has some rock chips, typical of Colorado cars. The rear bumper has some nicks in the center. The VIN tag is in place and the Carfax is clean, but there is an invoice in the records for the left front door being repainted. All trim is present and in good condition. All 540iTs came with the sport package and got shadow-line trim, which is in great condition. The fog lights, marker lights, and Celis taillights have good lenses and all lights operate correctly. The passenger side fog light is cracked. The windshield has no cracks, but does have light pitting. The side and rear windows are perfectly clear. The Style 32 sport wheels are in excellent shape with no bends or curb rash, thanks to being freshly refinished. They are wrapped in Bridgestone Blizzak tires with lots of tread remaining.
The Grey Montana leather interior is in great condition. Most E39 wagons hauled kids, dogs, etc. and the interior took a beating as a result. This example has faired well over the years. Turn the key and the M Sport steering wheel lowers into place. There are no odors and it has never been smoked in. The carpets are clean, with no stains or tears; carpeted and all-weather BMW floor mats are included. The dashboard is clean; the wood trim is also in good shape. The front seats have light bolster wear, but otherwise look great. All power seat functions work. The instrument cluster has no failed pixels; there are no warning lights and no system check messages. The BMW Business stereo sounds fantastic, especially with Dynamic Sound Processing. The HVAC displays have no failed pixels; the heat blows warm and the air conditioning blows cold. The heater blower is quiet and the final stage resistor functions correctly at all fan speeds. The OEM cup holders are broken both front and rear, but E39 cup holders were never particularly useful. All power door locks and windows work exactly as they should. The sunroof operates on command and the shade is on the tracks. The rear carpet has no wear or stains. The cargo cover is present. The factory tool kit, jack, and spare tire are all present. The small driver’s rear sunshade is missing and the passenger rear seatbelt can be finicky to retract. All owners’ manuals are present, along with one key FOB.
When you buy a used BMW, you buy the previous owner’s stewardship. This is especially true with a V8-powered E39 5 Series. That said, the E39 was probably the last solidly reliable 5 Series. This 540iT has records dating back to 2004 when the second owner purchased it. The records show proper BMW stewardship in the form of regular oil changes, inspections, the preventative and corrective maintenance outlined in the summary paragraph. The M62B44TU engine fires on command and the timing chain guides are quiet, which is indicative of frequent oil changes. BMW’s 15K-mile oil change was a contributing factor in pre-mature M62 timing chain guide failure. There are no significant leaks or spots, but it is an M62, so it will leak eventually—they all do. The transmission shifts smoothly and does not slip. There are no CEL, ABS, DSC, (the trifecta) or transmission codes. The suspension is firm and compliant, the rear air bags do not leak thanks to their recent replacement. The brakes have plenty of life left. It passes emissions, which we pay for in the State of Colorado.