Those in the market for a $100,000 high-performance sports sedan are spoiled for choice. Tempting options include a high-end BMW M3 or the new 2024 Mercedes-AMG C63 with its complex hybrid powertrain. Or, you could buy this 2001 BMW M5 for $98,000.

All generations of the M5 are iconic but few get the hearts racing of enthusiasts quite like the E39. It was introduced in 1998 and despite now being nearly 25 years old, still looks fresh and modern in a way we don’t think the current M5 will match in two decades. This car is a 2001 model listed for sale through LBI Limited in Philadelphia and while the price tag may put off some buyers, it still has plenty of appeal.

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Powering the E39 is the first-ever V8 used in the series, a naturally-aspirated 4.9-liter unit delivering 394 hp (400 PS) at 6,000 rpm and 369 lb-ft (500 Nm) of peak torque at 3,800 rpm. Coupled with a standard 6-speed manual gearbox, the M5 accelerated to 60 mph (96 km/h) in a still respectable today 4.8 seconds, with a limited top speed of 155 mph (250 km/h).

This particular version of t he German sports sedan is painted in a very British, and very noice, Oxford Green and was initially imported into California in June 2001. The original owner kept it for 22 years and during that time, drove it just 24,872 miles (40,027 km). This low mileage means the M5 still looks in excellent condition and the paint shows relatively few signs of way. Adding to the desirability is the fact the car is stock, save for a radar detector, new floor mats, and a cup holder.

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The original owner cosigned the car to a dealership in Erie, Colorado, in July last year and it was quickly sold. The second owner drove it for just ~800 miles before selling it to LBI Limited.

It’s not just the paintwork of this M5 that makes it desirable. The interior is bathed in Caramel Leather, making this one of just 71 examples to sport a green and brown color combination like this. It has been well maintained over the years and has recently benefited from a comprehensive detail.

If you’re interested, you can check out the listing over at LBI Limited here.

So, could this M5 be a better buy than a new M3? Let us know what you think in the comments.

Photo Credits: LBI Limited