In 1988, BMW delivered a masterpiece with the M5 E34—a refined fusion of sporty elegance and uncompromising performance that redefined the executive luxury sedan market.
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The 1988 BMW M5 E34 arrived as a bold statement in the luxury performance segment. Built on the E34 chassis, it combined a potent 3.5-liter inline-six with advanced handling, offering refined power delivery and a balanced ride. Its cabin, packed with premium materials, delivered both comfort and driver focus, making it a favorite among enthusiasts and daily drivers alike. This model solidified BMW’s reputation for engineering excellence in the M division.
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Powered by a 3.5-liter M88/2 inline-six engine producing 286 horsepower, the E34 M5 delivered responsive acceleration and seamless integration with the vehicle’s adaptive suspension. Its five-speed manual transmission emphasized driver engagement, while the optional four-speed automatic offered effortless cruising. With a 0-60 mph time under 6 seconds and a refined chassis tuned for both track and highway, the 1988 M5 E34 stood as a benchmark in its era.
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The 1988 BMW M5 E34 left an enduring legacy, influencing future M models with its perfect blend of performance and luxury. Collectors and driving enthusiasts continue to celebrate its timeless design and mechanical sophistication, marking it as a cornerstone in BMW’s storied M lineage.
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The 1988 BMW M5 E34 remains a timeless icon—where power meets precision and tradition meets innovation. Whether on the open road or winding mountain roads, it continues to inspire drivers who demand excellence in every drive. Discover, own, and experience the enduring spirit of the E34—where legacy meets performance.
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The 1988 BMW M5 E34. The second-generation BMW M5 will house the six-cylinder engine of the legendary BMW M1 for one last time. For the very first time, a touring model joined the M5 line.
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The BMW E34 is the third generation of the BMW 5 Series, which was produced from 2 November 1987, until 1996. Initially launched as a saloon in January 1988, the E34 also saw a "Touring" station wagon (estate) body style added in September 1992, a first for the 5 Series. BMW launched the E34 M5 with a 3.5-liter, naturally aspirated engine paired with a five-speed manual.
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That version was the only one available in the U.S. and produced 315 PS (311 hp). 1988 BMW M5 specs, 0-60, quarter mile, lap times, price, top speed, engine specifications, pictures, updated November 2025.
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View complete technical specifications for 1988 BMW M5. Includes performance data, fuel economy, dimensions, engine details, and more. A later evolution went into the E28 M5 in North America, and by 1988, it became the main powerplant for the new E34.
Compared to the E28's 3.5-liter, the first E34's 3.6 had a new forged crankshaft and camshafts with longer valve openings. Higher compression, wider and shorter pistons and equal. All BMW M5 E34S versions offered for the year 1988 with complete specs, performance and technical data in the catalogue of cars.
The sports car was presented in 1988 at the Frankfurt Motor Show. The same year was marked by the release of a sports sedan. Four years later, the concern offered to buyers BMW E34 M5 in station wagon body.
The car was assembled by hand. It took place at the concern's enterprises in the town of Garching. The concern produced a total of 12,245 vehicles.
891 trucks were produced with a cargo. There are 3 new and used 1988 to 1995 BMW M5s listed for sale near you on ClassicCars.com with prices starting as low as $34,000. Find your dream car today.