BMW 5 Series Evolution: From E34 to E60 - Three Generations Compared

bmw 5-series e34 e39 e60 comparison generations

The BMW 5 Series: Three Generations of Business Sedans

The BMW 5 Series has been the epitome of the sporty business sedan for decades. We compare three iconic generations: E34 (1987-1996), E39 (1995-2004) and E60 (2003-2010).

Generation Comparison at a Glance

CriterionE34E39E60
Production Period1987-19961995-20042003-2010
Average Price€8,900€8,100€11,400
Available Listings4294156
Price Trendrisingstablefalling
Collector Potentialhighvery highmedium

BMW E34 (1987-1996): The Classic

Market Overview

EngineAverageListingsTrend
520i (M50)€7,20012+5%
525i€8,40015+8%
530i V8€12,8005+12%
535i€14,5004+15%
M5 (S38)€42,0003+20%

Characteristics

Strengths:

  • Timeless design by Ercole Spada
  • Robust M50/M52 inline-six engines
  • Excellent build quality
  • Increasing classic car status

Weaknesses:

  • Partially difficult parts availability
  • Rust on neglected examples
  • Electronics can be problematic
  • Less comfort equipment than successors

Special Models

ModelFeatureAverage
M5 (E34)3.8L S38, 340 hp€42,000
540i TouringRare V8 wagon€18,500
Alpina B10Alpina refinement€28,000

BMW E39 (1995-2004): The Perfection

Market Overview

EngineAverageListingsTrend
520i€4,80022stable
523i/525i€5,60028stable
528i€6,90018+2%
530i€8,20012+3%
540i V8€12,4008+8%
M5 (S62)€35,0006+12%

Characteristics

Strengths:

  • Called the best 5 Series ever by experts
  • Perfect balance of comfort and sportiness
  • Legendary M52/M54 inline-six engines
  • High-quality interior materials
  • Good parts availability

Weaknesses:

  • VANOS issues on older M52 engines
  • Cooling system components wear
  • Timing chain issues on M52TU/M54
  • Rear axle bushings wear out

Special Models

ModelFeatureAverage
M5 (E39)4.9L S62 V8, 400 hp€35,000
540i Touring 6-speedRare combination€15,800
530d TouringDiesel classic€7,200

BMW E60 (2003-2010): The Revolution

Market Overview

EngineAverageListingsTrend
520i/523i€7,40035-3%
525i/530i€9,80042-2%
530d/535d€11,20038stable
545i/550i V8€14,60018-1%
M5 (S85 V10)€28,5008-5%

Characteristics

Strengths:

  • Innovative technology (iDrive, Active Steering)
  • Powerful engine range
  • Sporty handling
  • Good safety equipment

Weaknesses:

  • Controversial Bangle styling
  • Complex electronics prone to faults
  • High repair costs
  • Timing chain problematic on N52/N54

Special Models

ModelFeatureAverage
M5 (E60)5.0L S85 V10, 507 hp€28,500
535dBi-turbo diesel, 286 hp€12,800
Alpina B5500+ hp, exclusivity€32,000

Price Comparison by Criteria

Price by Mileage

MileageE34E39E60
< 100,000 km€14,500€12,800€16,200
100,000-150,000 km€9,200€7,400€10,800
150,000-200,000 km€6,800€5,200€8,400
> 200,000 km€4,500€3,800€5,600

Price by Body Style

VariantE34E39E60
Sedan€8,200€7,600€10,800
Touring€9,800€8,800€12,200
Touring Premium+20%+16%+13%

Running Cost Comparison

Annual Costs (Average)

Cost FactorE34E39E60
Insurance (Full)€580€620€780
Vehicle Tax (525i equiv.)€220€230€280
Maintenance/Year€800€650€950
Fuel€1,680€1,560€1,620
Repair Reserve€1,200€800€1,400
Total€4,480€3,860€5,030

Based on: 12,000 km/year

Value Stability and Forecast

Historical Price Development (3 Years)

Generation2021202220232024Change
E34€6,800€7,600€8,400€8,900+31%
E39€6,400€7,200€7,800€8,100+27%
E60€13,200€12,400€11,800€11,400-14%

Forecast 2024-2027

GenerationExpected Development
E34+15-25% (classic bonus)
E39+10-20% (peak as youngtimer)
E60-5 to +5% (bottom reached)

Buying Recommendations by Buyer Type

For the Daily Driver

Recommendation: BMW E39 525i/530i

  • Budget: €6,000-9,000
  • Advantages: Reliable, affordable parts, comfortable
  • Mileage: 150,000-200,000 km acceptable

For the Enthusiast

Recommendation: BMW E39 540i or E34 535i

  • Budget: €12,000-18,000
  • Advantages: V8 power, driving pleasure, value stability
  • Mileage: under 150,000 km recommended

For the Collector

Recommendation: BMW E39 M5 or E34 M5

  • Budget: €30,000-50,000
  • Advantages: Value appreciation potential, driving dynamics
  • Condition: only well-maintained examples with history

For the Budget-Conscious

Recommendation: BMW E60 520i/525i

  • Budget: €5,000-8,000
  • Advantages: Lots of car for the money, modern technology
  • Caution: Hidden repair costs possible

Frequently Asked Questions

Which E39 is the best?

The 530i offers the best balance of performance, reliability and price. The M54B30 engine is considered one of the best BMW engines ever.

Is an E60 still worth it?

Yes, if you are prepared for high repair reserves. Prices are attractive, but electronics and timing chain can be expensive.

Is the E34 suitable for daily use?

Conditionally. For enthusiasts with mechanical understanding, it is a joy, but as the only car, parts availability can be problematic.

Conclusion

GenerationRecommendationTarget Group
E34BuyClassic car enthusiasts
E39Best choiceDaily drivers & enthusiasts
E60CautiouslyTech-savvy with budget

The E39 remains the favorite for most buyers: it combines the best of both worlds - classic BMW values with modern reliability. The E34 is for purists, the E60 for the brave.


All data based on our continuous market analysis. As of: June 3, 2024