Skip advert
Advertisement

BMW M5 E39 - Best BMW M cars

The E39 BMW M5 was the car that started the German saloon horsepower war

While the previous E34 version of the M5 was powered by a straight-six making around 305bhp, its replacement arrived in 1998 accompanied by the rumble of V8 thunder. With close to 400bhp on tap, the new M5 offered comfortably sub-5 second 0-60 times and – with the electronic speed limiter unhooked – was widely reported to be able to crack the magic 300km/h (186mph) mark on the autobahns of Germany.

Advertisement - Article continues below

And who didn’t love those uber-cool ‘Corona ring’ incandescent headlamps introduced for the 2001 facelift? 

What’s the E39 M5 like to drive? 

Steve Sutcliffe tries it out on track

I bought and ran an E39 M5 in the early 2000s, and I absolutely loved it. It had such a broad repertoire I ended up thinking it was all the car anyone could ever want, with an easy-going 400bhp from its creamy 4.9-litre V8 engine, a great six-speed manual gearbox, exploitable but refined handling and a lovely interior. In 1998 it was expensive at £52,000, but it was worth the price because it was so much car.

Today, it still drives well, if not quite at the cutting edge beside its more modern M5 cousins – although, having said that, I think it’s stood the test of time better overall than the E60 M5 (the one with the V10 engine and the not-very-good SMG gearbox) that followed it. What I liked most about the E39 back then, and still do now, is its effortless potency.

It doesn’t look all that much, but even today it still goes very hard indeed in the mid-range. Its cabin still feels relatively modern, even though it’s almost quarter of a century old now, and its chassis has an honest simplicity to it that doesn’t need a whole load of different drive modes to adjust to unlock its best secrets. Instead, you just climb in, fire up, maybe press the Sport button if you fancy a bit more urgency from the engine map, and off you go. It was lovely when new – and for £20,000 it is even more lovely today.

E39 M5 (1999-2003) prices and specs

  • Price new: £52,000
  • Value now: £20,000
  • Production: 20,482 (1999-2003)
  • Engine: 4.9-litre V8 
  • Power/torque: 395bhp/500Nm
  • 0-62mph: 4.9 seconds
  • Top speed: 155mph
  • Gearbox: Six-speed manual
  • Weight: 1,795kg
Skip advert
Advertisement
Continue Reading
Current affairs and features editor

Chris covers all aspects of motoring life for Auto Express. Over a long career he has contributed news and car reviews to brands such as Autocar, WhatCar?, PistonHeads, Goodwood and The Motor Trader.

Skip advert
Advertisement

Recommended

Big plans for BMW Alpina to sit below Rolls-Royce as an exclusive performance brand
Alpina B3 Touring - front cornering

Big plans for BMW Alpina to sit below Rolls-Royce as an exclusive performance brand

Once a low-volume niche player, BMW Alpina will operate in the luxury space above German firm’s standard models
News
12 Mar 2026
New BMW iX4 officially on the way after specs leak online
BMW iX4 - front 3/4 parked

New BMW iX4 officially on the way after specs leak online

Future BMW iX4 powertrains have been accidentally leaked by the brand in the US
News
27 Feb 2026
New BMW M2 xDrive, BMW iX4 and more accidentally confirmed by German giant
New BMW M2 being driven in the UK - front action

New BMW M2 xDrive, BMW iX4 and more accidentally confirmed by German giant

The names and details of new models coming this year have prematurely appeared on BMW USA’s website
News
27 Feb 2026
Best BMW leasing deals
BMW i5 Touring - front tracking, alt

Best BMW leasing deals

The best BMW car leasing deals available to you right now
Best cars & vans
26 Feb 2026

Most Popular

Peugeot is building a brand new petrol engine – who says ICE is dead?
New Peugeot ‘Turbo 100’ engine

Peugeot is building a brand new petrol engine – who says ICE is dead?

New 1.2-litre three-cylinder petrol engine to replace Puretech motors in Peugeot and more
News
16 Mar 2026
New Rivian R2 details revealed: UK specs, range and pricing for Tesla Model Y rival
Rivian R2 - front tracking

New Rivian R2 details revealed: UK specs, range and pricing for Tesla Model Y rival

The cutting-edge electric family SUV is coming to the UK – but in 2028 at the earliest
News
16 Mar 2026
Jaecoo 7 range boosted by new hybrid SHS-S and flagship Black Luxury models
Jaecoo 7 SHS-S - front

Jaecoo 7 range boosted by new hybrid SHS-S and flagship Black Luxury models

The popular Jaecoo 7 range adds a new hybrid model to slot between the petrol and plug-in variants
News
18 Mar 2026