This 1991 BMW M5 is a non-running project that was acquired by the current owner in 2019 as a refurbishment endeavor. The induction and fuel delivery components have been removed from the 3.5-liter S38 inline-six, and work since 2020 has included installing Bilstein dampers, lowering springs, and replacement suspension, braking, and driveshaft components. Finished in black over matching leather, the car is equipped with a five-speed manual transmission, a limited-slip differential, 17″ Beyern Mesh alloy wheels, a sunroof, front sport seats, and a MOMO steering wheel. This E34 M5 project has 175k miles and is now offered on dealer consignment with service records, a collection of spare parts, an itemized 20-page parts list, an accident-free Carfax report, and a clean North Carolina title.