Car Collector International
Modern Classic · 2005–2010

BMW M5 (E60)

The only V10 M5 — the world's first V10 production saloon.

Car Collector International Editorial
Dark blue BMW M5 (E60) four-door saloon, front three-quarter view in a studio, showing the quad headlights, kidney grille, M gill vents on the front wings, silver multi-spoke wheels and a light-coloured interior.
Overview

Why this car matters

The fourth-generation M5 remains the only V10-powered M5 and the world's first production saloon with a V10 engine — a Formula 1-inspired unit conceived when BMW was deep in grand prix. Backed by a seven-speed single-clutch SMG gearbox, a head-up display and driver-configurable electronics, it was a technological statement.

Europe also got an E61 Touring; North America uniquely got a six-speed manual. Its high-revving character and analogue-adjacent drama have made it a modern-classic favourite despite a fearsome running-cost reputation.

The only V10 M5 and the first V10 production saloon — a clear historical hook underwriting its modern-classic status.

Variants

Range and production

VariantYearsProductionNotes
M5 Saloon (SMG)2005–201019,522 saloons totalS85 5.0 V10, ~500 bhp / 507 PS, 520 Nm, 8,250 rpm redline; 7-speed SMG III single-clutch automated manual; world's first V10 production saloon.
M5 Saloon (6-speed manual)2007–2010Part of saloon totalNorth America only; conventional six-speed manual; the enthusiast's pick.
M5 Touring (E61)2007–20101,025Europe only; SMG III; first V10 production estate.
Buyer's Guide

What to look for

Chassis and engine authentication

Authenticate stamped chassis and engine numbers against factory or club records. For the E60/E61 M5 specifically, verify gearbox variant (SMG vs US-only manual), Touring provenance where applicable, and documented major service history (rod bearings, SMG pump, VANOS).

Body and originality

Confirm body originality, panel identity and restoration standard against a marque specialist.

Mechanical inspection and service history

Confirm continuous service history and any rebuild history for the engine, transmission and driveline against a marque specialist.

Provenance and ownership history

Restoration standard, originality of body and driveline, and any documented ownership record are the main value drivers.

Pricing

What to pay

Concours / low-mile
USD$70,000 – $130,000
GBP£55,000 – £102,000
EUR€64,000 – €120,000
Authored against named published market data (Classic.com market records, verified dealer/marketplace listings), not individually verified lot pages
Excellent
USD$40,000 – $60,000
GBP£31,000 – £47,000
EUR€37,000 – €55,000
Authored against named published market data (Classic.com market records, verified dealer/marketplace listings), not individually verified lot pages
Good
USD$25,000 – $35,000
GBP£20,000 – £28,000
EUR€23,000 – €32,000
Authored against named published market data (Classic.com market records, verified dealer/marketplace listings), not individually verified lot pages
Project
USD$12,000 – $20,000
GBP£9,000 – £16,000
EUR€11,000 – €18,000
Authored against named published market data (Classic.com market records, verified dealer/marketplace listings), not individually verified lot pages
Bodystyle premiums
Manual-transmission saloons (North America only) command a clear premium over SMG cars; the Europe-only Touring is the rarest bodystyle.

Regional ranges authored independently — each reflects its local market, not an FX conversion

Ownership

Living with it

Typical mileage
500–3,000 miles typical
Service interval
Annual by time, plus specialist inspection
Annual running cost
Specialist-dependent; contact a marque specialist for a per-car budget
Fuel economy
Not published
Insurance
Agreed-value classic policy with limited mileage and secure storage. Chassis authentication, matching numbers and documented history are material to underwriting.

Chassis and engine identity

Confirm chassis, engine and body numbers against factory or club records. Documented ownership history is material.

Body, trim and originality

Confirm body condition, trim originality and any variant-specific fitments against a marque specialist.
Valuation

Current value bands by region

Concours
USD
$70,000 – $130,000
GBP
£55,000 – £102,000
EUR
€64,000 – €120,000
Excellent
USD
$40,000 – $60,000
GBP
£31,000 – £47,000
EUR
€37,000 – €55,000
Good
USD
$25,000 – $35,000
GBP
£20,000 – £28,000
EUR
€23,000 – €32,000
Project
USD
$12,000 – $20,000
GBP
£9,000 – £16,000
EUR
€11,000 – €18,000

Each region quoted in its local currency — independent market readings, not FX conversions

Once cheap and feared for its running costs, the E60 M5 has moved into modern-classic territory on the strength of its unrepeatable V10. Manual saloons lead the US market, the Touring is the rarity prize in Europe, and sorted cars with documented major service history (rod bearings, SMG pump, VANOS) trade well clear of neglected ones. Condition and receipts are everything here.

Authored against aggregate public-market data and named price guides as set out in What to Pay; regional readings are independent, not FX conversions.

Auctions

Recent results

DateAuctionCarMileageResult
Jan 2026
Bring a Trailer
Bring a Trailer
2006 M5 (original owner, unmodified)
3,400 mi
$149,000
Sold
Investment

Long-term outlook

StableHorizon: 5–10 years

The only V10 M5 and the first V10 production saloon, the E60 has a clear historical hook that supports its transition from depreciated performance car to appreciating modern classic. The manual and Touring variants lead; well-maintained, fully documented examples are separating decisively from the rest.

Our view, not advice. This section is Car Collector International's editorial judgement on where this model sits in the collector market, based on the production, specification and market data set out in this guide. It is not a recommendation to buy or sell and it is not investment advice. Values can fall as well as rise.

Recommended

The trusted network

Specialists

  • BMW Car Club International
    View →
    International
    Register, technical support and events across the BMW range.
  • BMW marque specialist
    View →
    UK / EU / USA
    S85 V10 service (rod bearings, VANOS), SMG III pump and hydraulics, and E60/E61 driveline documentation.
  • Concours preparation studio
    View →
    International
    Concours-level detail and event preparation.

Storage

  • Windrush Car Storage
    View →
    Cotswolds, UK
    Climate-controlled storage for high-value collector cars.
  • Autovault
    View →
    Bicester, UK
    Secure climate-controlled storage at Bicester Heritage.
  • Hagerty Garage + Social
    View →
    USA (multiple locations)
    Climate-controlled storage in key US collector markets.

Transport

  • CARS UK
    View →
    UK & Europe
    Enclosed event and concours transport across Europe.
  • Reliable Carriers
    View →
    USA (national)
    Enclosed coast-to-coast transport for collector cars.
  • Intercity Lines
    View →
    USA
    Enclosed transport with dedicated supercar handling.

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The valuation figures in this guide are for research purposes only and do not constitute financial or investment advice. See our full disclaimer.