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12-21-2011, 04:56 PM
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#1
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1st Gear Newbie
Join Date: Dec 2011
Location: newmarket
Posts: 21
Car: e34 m5
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Lookign to fix up a 1992 e34 M5
I got a family member who is basically abandoning this e34, it’s got a rebuild title, with but supposedly no structural damage or issues with engine, transmission, and no paperwork to go back on.
I took it to a mechanic who told me this after a pretty quick inspection:
Rear pads and brakes
Front pads
Lower control arm, passenger side front
Auxiliary fan, clutch fan
Windshield cracked
Has oil accumulating on engine, transmission, not a lot of drip though
Also needs electrical work on low beams (currently disconnected and don’t work)
The car starts to overheat after driving in stop and go traffic.
Can anyone tell me how much the parts and work would be, I would really appreciate it. Dont want to see this beauty go to the junk yard!
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12-21-2011, 06:21 PM
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#2
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Your Nightmare
Join Date: Dec 2001
Location: TO
Posts: 1,734
Car: Bimmers
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Try this site to get a general idea of the prices for some of the parts:
http://parts.autopartsonlinecanada.c...&model=M5--002
Most of the work you can probably do yourself. Which part of the engine is the oil coming from?
Any pics of the car?
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12-22-2011, 05:50 PM
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#3
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1st Gear Newbie
Join Date: Dec 2011
Location: newmarket
Posts: 21
Car: e34 m5
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Here are some pictures
The site is pretty good, its mostly OEM which are on the expensive end...which kind a make sence if i am going to be putting in parts in an M5 might as well make em the best!
Any tips how i would go about searching/finding a good bmw specialist in Newmarket area?
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12-22-2011, 06:21 PM
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#4
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3rd Gear Member
Join Date: Oct 2007
Location: Hamilton
Posts: 522
Car: 964C4, TDI Golf
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Isn't that the one that just sold on here? (that I missed out on?  )
__________________
1998 328i "M-tech"
2001 TDI Golf. 1300km/tank commuter. Boring, slow, cheap.
1991 P-car: 964c4 Let the porcupine jokes commence.
Gone: '99 M3 vert, '98 M3 sedan, '91 E30, '89 E30, '87 E30, '91 Euro M5, '93 6-speed Corvette, STI v8 swapped '98 Impreza, '73 2002, 2004 325iT
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12-22-2011, 08:11 PM
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#5
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MaXsponsor
Join Date: Feb 2002
Location: Milton
Posts: 14,159
Car: 330ci SC, M5 Touring
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^^^ Sure looks like it!
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BIMMER HEAVEN
Specialized in BMW recycling, all OEM used parts
Up to 90% off new cost!!!
Most models E30 E36 E46 E90 E92 E34 E39 E60 E32 E38 E65 E66 X5 M3 M5
Call 11-8PM 416 821-2578
New inventory daily. 50+ cars in stock!
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12-22-2011, 09:04 PM
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#6
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1st Gear Newbie
Join Date: Dec 2011
Location: newmarket
Posts: 21
Car: e34 m5
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(:
I think I got myself a real steal here too... drives really nice, needs some things, has very minimum rust, what does bother me the most is oil leaking, 3 days standing in garage I got 5 drops of oil on the cardboard, Looks like it's coming from the front of the engine...
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12-22-2011, 11:07 PM
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#7
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Groove Machine
Join Date: Jan 2010
Location: Toronto
Posts: 76
Car: 540i, 740i, 850i
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You did well and are the envy of some of us here.
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2000 540i Sport 6-Speed Black & Tan, 18" OEM M-Pars 
2000 740i Sport Black All Around, 20" OEM Style 32s 
1991 850i Platinum Gray / Oyster, 18" OEM M-Pars 
1995 840Ci Hellrot / Black, 17" OEM Style 5s
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12-23-2011, 04:54 PM
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#8
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is BMW crazy
Join Date: Sep 2002
Location: Richmond Hill
Posts: 14,844
Car: is not a real ///M5
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I believe that car has a leaky headgasket. A few members and I were looking at it pretty closely at the bimmercruise this year.
Looked rough but with some work it could make a nice daily driver.
The overheating can be the clutch fan.
I hope you didn't pay more than 3 K for it so that you can have cash to throw at it. Most parts on a e34 M5 are double the price of parts for a regular BMW (ask me how I know).
Autopartsway.ca has some reasonable prices.
__________________
www.enthusiastauto.caContact if you are looking for a car
His--2000 BMW ///M5 .:Jet Black on Black:. Individual - Style 65 Wheels; 9.5" Square Set up;275 Tires;10mm/3mm Spacers; Black Kidneys;Muffler Delete; 3.5" Dual Tips; Beast Power Sway Brackets; "Dinan" Ducts; E60 SSK; BC Coils
Hers--2000 BMW ///M5 .:Avus Blue on Grey/Black:. '01 Exterior Upgrades; E60 SSK
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12-24-2011, 12:35 PM
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#9
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black and blue
Join Date: Dec 2006
Location: 2 storey 3 bedroom 1 car garage
Posts: 3,386
Car: ix touring
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+1 for fan clutch
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 1989 325 IX Touring
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12-25-2011, 12:39 AM
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#10
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Permanently Dirty
Join Date: Aug 2010
Location: Etobicoke
Posts: 446
Car: E30 1990 325I
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With the things wrong, I suggest parking it for a while. Pull the engine if you can and "refresh it" (ie get new gaskets/check compression and maybe get it rebuilt), its got 200k+ maybe on it? And if its leakin and needs some suspension work too, your best bet is probably to try and do it all at once. That's always the ideal sonario, but 90% of the time you just want to drive it  ... You'll waste a ton more time trying to fix everything with the engine in the car, and yes this will lead to a lot more money being spent on the little things ie vaccuume lines, fixing the wiring harness, shifter bushings etc but if you manage some self control and have a few funds already, you'll be singin in a few months
You have a gem to work on, so keep things simple and do it right the first time
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12-26-2011, 12:58 PM
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#11
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1st Gear Newbie
Join Date: Dec 2011
Location: newmarket
Posts: 21
Car: e34 m5
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I payed $4900 for her, got some 15" bbs snows over chistmas weekend from an 1992 e34 touring. I want to get her to a bmw specielty shop preferably somewhere in the Newmarket, Aurora, Richmond Hill area. ( I sure as hell wont go to Open Road BMW) I will do a seperate thread about those scam artists.
I need an appraisal how much its going to run me to rebuild the engine, and get the car in top mechanical shape. Your guys are right about everything costing double because its an m5, so i want to find someone that wont be ripping me off (too much) and gets a quality job done from start to finish.
Somebody throw me a bone
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12-26-2011, 01:14 PM
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#12
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3rd Gear Member
Join Date: Oct 2007
Location: Hamilton
Posts: 522
Car: 964C4, TDI Golf
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$4900 is a pretty good price for a running M5! That said, depending on your budget (and how much you want done in one go) it may be best to bring it to one of the specialists in the GTA.
The S38 is a unique animal - get the right people rebuilding it, but be warned that it will in all likelihood cost a lot more than what you paid for the car.
__________________
1998 328i "M-tech"
2001 TDI Golf. 1300km/tank commuter. Boring, slow, cheap.
1991 P-car: 964c4 Let the porcupine jokes commence.
Gone: '99 M3 vert, '98 M3 sedan, '91 E30, '89 E30, '87 E30, '91 Euro M5, '93 6-speed Corvette, STI v8 swapped '98 Impreza, '73 2002, 2004 325iT
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12-26-2011, 02:31 PM
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#13
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the misanthropist
Join Date: May 2002
Location: a house
Posts: 5,955
Car: '05 4Runner, 87 325
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I recommend Bill at Motex for the rebuild. He lives/works in Alliston but he will pick up and deliver the motor.
If not too many things need replacing and no extensive machining, just seals, bearings and maybe the oil pump, budget 3-4k but Bill will give you a clearer idea.
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12-26-2011, 10:18 PM
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#14
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1st Gear Newbie
Join Date: Dec 2011
Location: newmarket
Posts: 21
Car: e34 m5
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What does the rebuild entail exactly, the engine/body has 276k on it, and from what i read the engine is good for 400k?
Would this mechanic Bill at Motex be able to do the rest of the repairs, I would want to do it all in one sitting, bring the car and order the parts, unless he can get the parts cheaper.
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12-27-2011, 11:13 AM
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#15
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the misanthropist
Join Date: May 2002
Location: a house
Posts: 5,955
Car: '05 4Runner, 87 325
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Quote:
Originally Posted by drenius
What does the rebuild entail exactly, the engine/body has 276k on it, and from what i read the engine is good for 400k?
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The basic idea is to replace all wear components. Unless you had a major failure/problem, things like the block, crank, rods, pistons, head, cams should last "forever". Valves could but they will go sooner than other things, especially in these motors if it wasn't maintained well, including proper valve adjustment.
So having said that, a rebuild means complete disassembly, cleaning every component (removing carbon from pistons and valves etc etc), then putting everything together with new bearings, seals etc.
Realistically, the head and block will need to be decked, crank polished, block re-honed, some other machining. Things will get expensive if it turns out you need to replace some of the normally non-wear items like valves, pistons or even the head. The general vibe this car gives out is that it's neglected, so I would brace myself for the condition of the motor and its rebuild cost to reflect that.
Quote:
Originally Posted by drenius
Would this mechanic Bill at Motex be able to do the rest of the repairs, I would want to do it all in one sitting, bring the car and order the parts, unless he can get the parts cheaper.
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I'm sure he can but I doubt he'd want to. He's an engine builder and machinist. And whoever does the repairs for you, it will be in your best interest to source the parts yourself at the best price you can find. The mechanic will have no vested interest in getting you a good deal on parts - he'll use (read: you'll pay for) the easiest source he can find.
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