RE: BMW 530i Touring (E34): PH Carpool

RE: BMW 530i Touring (E34): PH Carpool

Monday 2nd March 2015

BMW 530i Touring (E34): PH Carpool

A manual V8 5 Series Touring is an elusive beast but one worth hunting down so it would seem



Name: Rafe Abrook
Car: BMW E34 530i V8 Touring
Owned since: September 2014
Previously owned: "VW Corrado VR6, Alfa Romeo 166 3.0 24V Sportronic, Porsche 928 S4, Porsche 944 Lux, BMW E28 525e, BMW E53 X5 3.0d, Citroen AX 1.0E, VW Touareg V6 TDi, VW Golf GTI Mk6, Honda Integra Type R (UK spec DC2), Chevrolet Camaro Z28 Iroc Z, Ford Mustang 5.0 GT Convertible. I'll stop there!"

Not bad for sight unseen purchase off eBay...
Not bad for sight unseen purchase off eBay...
Why I bought it:
"My Porsche 928
featured back in Carpool in December 2013 and was a great daily driver for a year for me, but last summer I left the sanctuary of full time employment and set up my own photography business. So costs needed to be shed (no pun intended) and practicality suddenly reigned supreme. My brief was a tough one: 20 years old, estate, V8 engine, manual box for a couple of grand. There wasn't much to go at frankly. I'd just come through a ruinous three months of owning an Alfa 166 that needed it's engine out to fix an oil leak, so I really wanted to go German again, and I've always loved old BMWs despite their reputation for always passing through the wrong hands when their values bottom out.

"Having had a beautiful E28 I wanted to experience the much more modern E34, and needed a big boot to lug my studio gear around. Many E34s with bodywork issues have given up their internals for smaller BMWs to become track weapons, although it's not unknown for the E34 manuals to make it onto the drift scene with their diffs welded up. My car had been a cherished one owner car up to 2013 and spent a year up in Aberdeen being used very little as part of a BMW enthusiast's collection. I decided to fly up and bring it back down south to within 50 miles of where it spent its first 19 years. There's nothing like the rush of buying a 20-year-old car sight unseen through eBay and driving it 550 miles home!"

4.0 would have been nice but hard to find
4.0 would have been nice but hard to find
What I wish I'd known:
"How great bodywork isn't everything when buying a 20+ year-old BMW, as despite it being a well looked after car, 20 years of motoring means things inevitably need doing. The knock on these E34s was always the vague recirculating ball steering that had plenty of play compared to more modern cars. It takes some getting used to, and when combined with a front anti-roll bar that's not attached (as I found after I got it home), this can make for an interesting 550-mile journey! Brake discs and pads have all been replaced along with a fuel pipe, all drive belts, microfilters, a slave cylinder, both rear shock mounts, thermostat housing and the Inspection 2 service it needed. Bodywork is mint aside from a couple of small spots on the tailgate but the fact it has no tow bar fitted is a good sign and rare for one of these old workhorses."

Things I love:
"The looks - when parked up next to something like an Insignia or even a new shape 5 it looks so perfectly proportioned. Not as angular as the E28 I had, but just classy and handsome. These were considered huge cars when launched, but it's a lot narrower than most new cars today. The rarity - I've only driven past one other E34 Touring since buying it in September, and according to HowManyLeft, there are only 16 currently taxed with the 3.0 V8 and manual box combo. The gear change - it has a lovely typically smooth BMW manual gearbox that's a delight to use. The ride - plenty of rubber between rim and road means a quiet, pliant ride that soaks up bumps in its stride but still has very little roll on cornering. The build quality - a squeak free dashboard is only part of it. It was made at a time when BMW were competing with the bulletproof Mercedes W124 range, and to compete it needed to be nailed together properly. This car wears its 125K as well as any car can with no loose trim at all, and a much more modern driving experience than you would expect."

Built like the proverbial with no rattles or squeaks
Built like the proverbial with no rattles or squeaks
Things I hate:
"There's nothing to hate, but like all cars, it does some things better than others. Yes I wish it were the 4.0 V8 with an additional 70hp, however there are fewer than 10 of these left (in manual form) and the good ones are being locked away by shrewd owners who know their time will come in terms of appreciation. The bad ones are not worth the many thousands needed to get them into the condition of my 3.0 V8. And I've only seen one 4.0 V8 for sale during the last nine months, and it didn't look to be a good one! It's not the thirstiest V8 I've had, but in modern terms the hp to mpg ratio does not swing in its favour (mid 20s average - high 20s on a run). If you're prepared to wring the V8 out, then the 218 horses will begin to feed, however it doesn't have the torque of a large V8 so doesn't do a lot of damage below 4,000rpm. Sub eight-second sprints to 60mph are still possible if you're feeling vindictive towards it."

Costs:
"I've plumbed £1,900 into her since taking ownership not that long ago, as I never skimp on maintenance. It's more than I would have liked to spend, but I use a thoroughly professional BMW specialist who use genuine parts and know these cars well. The Inspection 2 service is not cheap on a V8, and the brakes (pads and discs) set me back a big chunk of that. On the plus side it now wants for nothing!"

Opportunity knocks for both Rafe and next owner... 2
Opportunity knocks for both Rafe and next owner... 2
Where I've been:
"Its first journey was obviously it's biggest and probably will be for some time. I've taken it to a few Classic Car pub meets, and it gets used daily to ferry my kids or photographic equipment about."

What next?
"I've just bought a VW Corrado VR6 to replace it as my wife is entering her company car scheme meaning we won't need two load-luggers. This has enabled me to tick another car off the bucket list and means it's now for sale. If I were keeping her, I'd probably get the exhaust subtlety opened up a bit to clear its voice and free a handful of ponies, but I love its stock look to wouldn't mess with it my lowering it or putting on big rims."


Want to share your car with PHers on Carpool? Email us at carpool@pistonheads.com!

 

Author
Discussion

Dan Trent

Original Poster:

1,866 posts

168 months

Monday 2nd March 2015
quotequote all
Morning!

Admittedly Rafe has played the system a little and Carpool has given him a nice sales pitch for the car he's selling. But we'll let him get away with it this once on the basis it's a very nice car, the photos are great and if he hadn't sent it in as a Carpool we'd have probably run it as a Spotted anyway!

If you're interested we'll leave a *little* bit of legwork for you but suffice to say you won't have to look far to find the ad...

Cheers,

Dan

Leins

9,468 posts

148 months

Monday 2nd March 2015
quotequote all
Lovely. Other V8 E34s with a good bit more power lie in the Alpina direction btw

ghibbett

1,901 posts

185 months

Monday 2nd March 2015
quotequote all
My dad had an E34 530i V8 (albeit a saloon). I believe it was the smallest capacity V8 in production at the time. It certainly went well and was an extremely smooth unit.

hornetrider

63,161 posts

205 months

Monday 2nd March 2015
quotequote all
Nice advert hehe I must remember to 'do a carpool' when I'm selling my manual V8 touring, with added emphasis on never skimping on maintenance wink

e21Mark

16,205 posts

173 months

Monday 2nd March 2015
quotequote all
I like that.

Would be a great tow car for the E30!

matpilch

246 posts

140 months

Monday 2nd March 2015
quotequote all
I like your idea of cost reduction: changing from a v8 engined coupe to a v8 engined 20 year old bmw estate.
Man maths at work.

Devil2575

13,400 posts

188 months

Monday 2nd March 2015
quotequote all
Nice motor.

I think the £1800 spent recently says a lot about the real runing costs of cars like this though.

elephantstone

2,176 posts

157 months

Monday 2nd March 2015
quotequote all
I was unaware the E34 530 was a V8 i assumed it was a straight 6!

Limpet

6,310 posts

161 months

Monday 2nd March 2015
quotequote all
elephantstone said:
I was unaware the E34 530 was a V8 i assumed it was a straight 6!
Me too.

Devil2575

13,400 posts

188 months

Monday 2nd March 2015
quotequote all
Limpet said:
elephantstone said:
I was unaware the E34 530 was a V8 i assumed it was a straight 6!
Me too.
It was prior to the 91/92 facelift.

The 3 and 3.5 litre straight 6s were replaced with a 3 and 4 litre V8 and the 2.5 12v 6 was replaced with a 24 valve 2.5 6.

daytona365

1,773 posts

164 months

Monday 2nd March 2015
quotequote all
At the sort of low prices something like this would go for now..............Why buy anything else ?

Rafeabrook

105 posts

129 months

Monday 2nd March 2015
quotequote all
matpilch said:
I like your idea of cost reduction: changing from a v8 engined coupe to a v8 engined 20 year old bmw estate.
Man maths at work.
Well there almost £5k difference between what I sold the 928 for and what I paid for this, but yes in terms of running costs. Little difference!

iloveboost

1,531 posts

162 months

Monday 2nd March 2015
quotequote all
Limpet said:
Me too.
Me too, who knew?! I know the later early E39 535i came with the V8, but had no idea the 530i E34 did as well. 3.0 is small for a V8, they usually don't start until 3.5 litres.

BlackCup

1,232 posts

183 months

Monday 2nd March 2015
quotequote all
hornetrider said:
Nice advert hehe I must remember to 'do a carpool' when I'm selling my manual V8 touring, with added emphasis on never skimping on maintenance wink
It was already sold before the article went up tbf.

hornetrider

63,161 posts

205 months

Monday 2nd March 2015
quotequote all
BlackCup said:
hornetrider said:
Nice advert hehe I must remember to 'do a carpool' when I'm selling my manual V8 touring, with added emphasis on never skimping on maintenance wink
It was already sold before the article went up tbf.
thumbup

I'm not surprised, it's a lovely old girl.

soad

32,895 posts

176 months

Monday 2nd March 2015
quotequote all
M540i is a legit M5 imho, as it has all the stuff the M5 had, but with a different engine. But to each his own. smile

The E34 M5 was introduced at a time when BMW's V8's weren't yet ready for production, so they fitted it with the hottest engine they had at the time, the S38. When the M60 was finally introduced, the company probably felt that it wasn't yet developed enough for an M-car (so they waited until the E39 chassis) and the S38 had the raw and brutal "character" befitting a proper M-car.

Note that the '95 540i M-Sport was effectively an M5 with the M60 instead of the S38. So BMW did, nominally, have a V8-powered E34 "M-car," if not technically. wink

pSyCoSiS

3,596 posts

205 months

Monday 2nd March 2015
quotequote all
I had a Fjord Grey auto one of these around 5 years ago.

Lovely burble from the M60 engine, and it pulled the car along nicely.

Also had a couple of early E38 730i's, with the same engine.

E34 are still one of the most solid 5 Series ever made, but the refinemt in an E39 is on a different level.


Rafeabrook

105 posts

129 months

Monday 2nd March 2015
quotequote all
soad said:
Note that the '95 540i M-Sport was effectively an M5 with the M60 instead of the S38. So BMW did, nominally, have a V8-powered E34 "M-car," if not technically. wink
Yes and if a good manual one ever came up for sale it would be interesting to see if it matched M5 prices, as it would be far rarer!

JakeT

5,428 posts

120 months

Monday 2nd March 2015
quotequote all
Really surprised me when this came up this morning, especially as I was looking at the advert for it yesterday afternoon. Looks like a lovely car, especially with a proper gearbox for the engine.

Devil2575

13,400 posts

188 months

Monday 2nd March 2015
quotequote all
soad said:
M540i is a legit M5 imho, as it has all the stuff the M5 had, but with a different engine. But to each his own. smile

The E34 M5 was introduced at a time when BMW's V8's weren't yet ready for production, so they fitted it with the hottest engine they had at the time, the S38. When the M60 was finally introduced, the company probably felt that it wasn't yet developed enough for an M-car (so they waited until the E39 chassis) and the S38 had the raw and brutal "character" befitting a proper M-car.

Note that the '95 540i M-Sport was effectively an M5 with the M60 instead of the S38. So BMW did, nominally, have a V8-powered E34 "M-car," if not technically. wink
I'm not sure I agree with this.

The 6 cylinder engine in the E34 M5 is a comletely different beast to the V8 in the 540i. M cars have always had individual throttle boddies and been relatively highly stressed, high revving engines with a high specific output. The original E34 M5 engine made 315 bhp from a 3.6 litre straight 6, compared to the 286 bhp 4.0 V8 in the 540i. Following the facelift the M5 got a 3.8 litre engine with 340 bhp.
I'm also not sure that the rest of the bits used in the 540i M-Sport, such as suspension, brakes etc were the same as the equivalent M5. The Facelift E34 M5 had complicated self levelling suspension and floating discs on the front. IIRC the 540i didn't have either.