Few BMW M cars are more historically significant than the E28 M5, the first full-blown M sedan model the Bavarians made.

Built between 1984 and 1988 in 2,241 units, the first-generation BMW M5 was the world’s fastest sedan when it launched. Sure, the 286 PS (282 hp) delivered by the 3.5-liter naturally aspirated straight-six (M88/3) seem like a joke now but back then it was a serious power rating. The Euro-spec model’s 6.5-second sprint from 0 to 100 km/h (62 mph) remains respectable even today.

If you have enough money, you can still experience what it was like to own and drive an E28 M5 today. Just take a look at this 1986 model that will go under the hammer on July 16 at Barons’ Summer Classic sale.

This M5 has an interesting story as it was built for BMW UK to use as a press car and is one of only two right-hand-drive cars to leave the factory with both special paint and interior options — what we’d now call BMW Individual features. According to the seller, it is also the only one in a blue/black metallic color combination.

If you’re worried about the “press car” part, you should know that after being assessed by British motoring journalists the car was bought by a BMW Diagnostic Technician who subjected it to a very detailed restoration including completely rebuilt engine and exhaust system. This BMW E28 M5 has a meticulously-maintained history file showing all the BMW OEM parts used both in its maintenance and in the restoration.

The interior is really special as it combines Cardinal Red leather seats, dashboard, and door cards with red suede roof lining. It was completely restored as well by the previous owner.

Also read: The E28 BMW M5 Was The World’s Fastest Sedan Back In ’84

Spec sheet highlights also include an electric sliding roof, power-adjustable seats and mirrors, air conditioning, remote central locking, 16-inch X-spoke alloys, de-chroming, rear M-tech spoiler, and “press preparation,” whatever that means. The car is expected to fetch anywhere between £39,000 – £46,000 ($49,000 – $57,800) at the forthcoming July 16 auction.