If a 1988 BMW M5 is calling your name, the news isn’t as bad for your bank account as you might assume. Hagerty suggests that an example in “Good condition” is worth around $55,000 these days.

The original BMW M5, the E28 generation, is a historic car, the fastest sedan in the world when it came out, the start of a dynasty. You’ve known that. I’ve known that. What I didn’t know ...

by Carscoop Yesterday we posted the first image of BMW ’s brand-new M5 T ourin g. Today the Bavarian carmaker came out with the full press release of its 507 Hp wagon -pictures and video included.

The E28 M5 made its debut at the Amsterdam Motor Show in February 1984, utilizing a 535xi chassis, housing a 3.5-liter six-cylinder petrol engine, good for 282HP (286PS).

1988 BMW M5 ENGINE: 3.5-liter inline-six OUTPUT: 256 hp/243 lb-ft TRANSMISSION: five-speed manual WEIGHT: 3420 lb PRICE WHEN NEW: $46,500 The word “friendly” comes to mind.

BMW enthusiasts revere the E28 generation as the starting point of the M5. As a Europe-spec car, this example wears cleaner-look small bumpers and has a host of rare options.

The same could be said for the next M5 Touring, which turned up in 2007 with the E61 generation 5 Series and a V10 under the hood. Only about 5 percent of E61 M5s were the five-door wagon, and US ...