BMW E39 M5 (1998–2003)

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Introduced in 1998 at the Geneva Motor Show, the E39 generation of the M5 was the first M5 to use a V8 engine, resulting in an increase in power output to 294 kW (400 PS).[37] It is also the first M5 to use aluminium front suspension components and a multi-link rear suspension. Production began in October 1998.

Rear 3/4 view

BMW S62 V8 engine

BMW M5 E39 Interior

Production totalled to 20,482 cars from 1999 to 2003. Unlike its predecessors, the M5 was produced on the same assembly line as the regular 5 Series models at the Dingolfing factory in Germany.

The official performance figures are 0–97 km/h (60 mph) acceleration time of 4.8 seconds and an electronically limited top speed of 250 km/h (155 mph).[38][39] In testing, an unrestricted M5 reached a top speed in excess of 300 km/h (186 mph).[40] The E39 M5 recorded a Nürburgring lap time of 8:20.[38]

The M5 received the September 2000 facelift (for the 2001 model year) at the same time as the standard E39 models.[41] Changes included halogen "corona rings" in headlights (often called "Angel Eyes"), LED tail-lights and various interior upgrades. The mechanical specification was unchanged. For the subsequent two model years, changes were limited to the addition of new exterior colours (from September 2001) and the upgrade to a DVD-based navigation system (from September 2002).[41]

Production of a "Touring" (wagon/estate) E39 M5 model was evaluated by BMW, and at least one prototype was developed (in Titanium Silver with a Black Exclusive leather interior). However the Touring did not reach production, due to financial considerations.[42]