Mileage: 44,900 km (27,900 Miles)
Engine: S62B50 5-Liter V8 Engine
Transmission: 6-Speed Manual Transmission
Exterior color: Carbon Black Exterior (416)
Interior: Embossed (Ostrich) Black Leather Sport Interior (O5SW)
Titanium Line Trim
M Leather Multi-Function Steering Wheel
BMW Professional Navigation
BMW Individual HiFi Sound System
BMW 6-Disc CD Changer
Front and Rear Parking Cameras
Parking Distance Sensor (PDC)
Automatic Climate Control
Headlight Intensive Cleaning System
Auto-Dimming Rearview Mirrors
White Direction Indicators
Fold Down Rear Seats
Individual Alcantara Anthracite Headliner
Front and Rear Side Air Bags
Child Seat Attachment
BMW Alarm System
18” Style 65 M5 Wheels
Michelin Pilot Sport 4S Tires
BMW Enthusiast Owned
The BMW E39 generation M5 (2000 to 2003 model years) was the pinnacle of M5 evolution. It was borne from an era of BMW design that was both classic and modern. The E39 M5 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. Simply put, the E39 M5 was the last of the classics. It came from a time before what I consider the modern “disposable” BMW, a time when the M5 was offered exclusively with a manual transmission. It was, and still is, the supercar that does it all. It can accommodate four adults in comfort while rewarding its driver with astonishing performance. It is refined enough for civilized daily driving, and even delivers over 25 mpg if driven conservatively. 2001 and later model years are the best, having received Angel Eyes, LED “CELIS” wave taillights, a wider navigation screen, thicker M steering wheel, and numerous other technological and safety updates. The E39 M5 was the pinnacle; every BMW generation before it was incrementally better, and every BMW since has been incrementally worse.
This 2003 Carbon Black over Black leather BMW E39 M5 is an outlier example. 2003 was the most rare and desirable year of E39 M5 production and this example has a build date of September 16th, 2002 in the early months of the 2003 model year. It is extremely well optioned and in exceptional condition. The impressively low mileage makes this car an extremely rare commodity among a population of E39 M5’s that have been abused and neglected. It was first sold in British Columbia to (at the time) Vancouver Canucks goalie, Dan Cloutier. The second owner purchased it in 2006 at 7,995 miles, and it went to Toronto where it remained with the second and third owners. In addition to the other items of note, the second owner added several options to the car. These include: OEM Bluetooth, front and rear cameras, a garage door opener, and sunshades. He also replaced the rear door cards to accommodate the sunshades and bought four brand new Style 65 wheels from BMW. In the last year, the current owner took possession and replaced all four tires, replaced a leaky power steering hose, and changed the oil based off of age. It comes with two keys and all owners’ manuals, all recalls being complied with, and a clean Carfax. As it sits, this is a turn-key, low-mileage, collector grade M5. The market for low mileage, late-model E39 M5s is one of the strongest segments of the classic BMW portfolio, and this is an outlier example.
The Carbon Black paint is in very good condition. It has clearly been stored indoors and spared use in the harsh Canadian Winter months. The finish is brilliant with no major defects. All paint and panels are original. The leading edges of the hood, bumper, and fenders have none of the typical rock chips that Colorado cars get, thanks to being protected by a recently removed clear bra, although there are a still a few chips from use. All trim and black-work is present and in great shape. There is one notable scratch that extends from the rear of the passenger fender on to the passenger door that is approximately 5 inches long that has been touched up so it does not catch the eye. The headlight lenses are clear and crack free with only minor pitting. The Angel Eyes have no missing filaments and the self-leveling function works. The fog lights are crack-free and clear. The markers and LED “CELIS” taillights are crack-free and brilliant. The windshield is free of any notable pitting or cracks. The side and rear windows are tinted and in excellent shape. The wheels are straight and true. There is no curb rash. The Michelin Pilot Sport 4S tires have been recently replaced and have 95% tread remaining.
The interior is also in excellent shape, accurately reflecting the mileage and care given. There are no odors and it has never been smoked in. The carpet is free of stains or rips and is protected by factory BMW floor mats. The leather is all soft and supple to the touch. The driver’s seat has some light creasing and light wear on the outer bolster. The rest of the seats look fantastic. There is no seat twist. The dashboard is soft and there are no cracks. The Titanium Line trim is in great shape, and has none of the cracking finish issues that the wood trim has. The steering wheel only has minor wear. The instrument cluster, navigation screen and HVAC displays have no failed pixels. The BMW individual sound is fantastic. There are no check codes on the onboard computer and none of the trifecta of check engine, DSC, or ABS warning lights are on. Astonishingly, the cup holders do work, but E39 cup holders are terrible so use them at your own risk. All power functions, seat motors, and seat heaters function like they should. The door lock and window regulators work. The heat blows warm and the air conditioning blows cold. The rear window shades are in great shape. The fan motor does not chirp and the final stage resistor functions at all blower speeds. There is no discoloration of the trunk floor carpet.
I have a dealer print out of warranty claims since new, as well as a spreadsheet documenting the maintenance and addition of options done during a previous owner’s tenure. There are no common E39 issues like leaking valve cover gaskets, noisy VANOS units, weak clutch, soft suspension bushings, leaking cooling systems, or inoperative door and window regulators. The short list of recent maintenance includes an oil change, power steering hose, and tires.
The S62 engine fires on command, idles smoothly, and pulls strongly to redline. It has no VANOS rattle or lifter noise. There are no fluid leaks or drips. There are no SES lights or engine management codes indicating carbon build up (which was not as prevalent on late-model E39 M5s). The clutch has zero slip, the take-up is correct, and the shifter is crisp. The driveline, differential, and wheel bearings are quiet with no vibrations. The brakes are excellent. Like any M5, this example will need continued preventative maintenance and repairs, but it deserves to be maintained to the high standards that have made it so nice.
As it sits, this is a turn-key M5 ready to be driven across country. Its exceptionally low mileage and impeccable condition make it an outlier in a rapidly shrinking population of clean E39 M5s, and I would dare say the mileage makes this example collector-grade. We would like to find a buyer who will continue to care for it and appreciate it for years to come.