For Sale: BMW 540iT Is Affordable Sport Wagon Goodness

bmw wagon
You know I love wagons. You know I love German wagons. Someday I hope my own German wagon is on the road, but I think we’re still quite a ways away from that happening. In the meantime, something like this 1999 BMW 540iT might be a nice daily driving alternative until my Wombat is ready to run.
The seller is listing it with a price tag of $4,000 and those three lovely letters OBO attached as well. It has a high count on the odometer with over 168,000 miles, and you’re always taking a chance on used German sheetmetal. Still, if you can handle some of your own basic work and the car is in solid shape, this could be a good buy for someone out there.
Add in the rarity factor, and you have one interesting ride to play with on a daily basis.
[Source: Craigslist]

Leave a Reply

Your email address will not be published. Required fields are marked *

The maximum upload file size: 64 MB. You can upload: image, audio, video. Links to YouTube, Facebook, Twitter and other services inserted in the comment text will be automatically embedded. Drop files here

  1. JayP Avatar
    JayP

    Run until your legs are nothing but bloody stumps.
    “168,xxx freeway miles”
    Ah… well, then it’s all good. Proceed.

  2. CruisinTime Avatar
    CruisinTime

    Run out and run down, every caution light blaring.Needs a little help. Ran when parked.

  3. Mr. Ollivander Avatar
    Mr. Ollivander

    If I weren’t taking a chance of the door locks changing on the house if I brought another stray home and if it weren’t many, many miles away, I would love to drive this. It’s got a presence.

    1. brenschluss Avatar
      brenschluss

      That presence is, “I know how to fix a BMW in my driveway.”

  4. sporty88 Avatar
    sporty88

    If this were right-hand-drive and on the other side of the Pacific I’d be very tempted – I’ve been looking to buy a decent-sized RWD wagon as a DD for the last few weeks now. Last weekend I wanted to check out an E39 530i but the seller didn’t return my calls.

  5. Frank T. Cat Avatar
    Frank T. Cat

    If I’ve learned anything, late 90’s European sport wagons are a quick way to empty your bank account.

  6. dead_elvis Avatar
    dead_elvis

    Gorgeous. I’d rock it. Seems like an excellent straight-up trade for an ’02 Outback wagon with 146K miles, don’t it?

  7. Sjalabais Avatar
    Sjalabais

    It’s beautiful. Friend of mine had one in dark green with a tan interior. A gorgeous car. A troubled car. Really shortly after I had to give him a cable start boost with my decaying ’71 Volvo 145 he traded it in for a newer silver Toyota Avensis. He hasn’t looked back – that’s 6 trouble-free, boring A-to-B-years ago.

  8. HoondavanDude Avatar
    HoondavanDude

    Hemmings Sports & Exotics published an owner’s story last year about a west-coast guy (AZ or CA) who bought a 6 Cyl E39 wagon from NJ and spent north of $15k on repairs over following year or two. I may have some of the details wrong but it was expensive. I don’t think he did any of the work himself.
    160k miles is about ready for the scheduled timing chain-related failure. I’ve also heard that the V8s eat control arms for breakfast lunch & dinner.
    Yet, I still want one.

  9. Ted Avatar
    Ted

    The 540’s are kind of a crock. They’re not significantly faster than 530i’s, but they are much more maintenance intensive. Further, they handle a lot worse because they’re heavier and they have a steering box as opposed to the 6-cyl’s rack and pinion. I have a 2000 528iT 5-speed that I put a three liter in. It’s INCREDIBLY finicky, and has more gremlins than a Mogwai highschool reunion. That being said, it’s never left me stranded, and parts are pretty cheap if you’re okay with non-OEM. Example, though… it had a bad ignition switch. That should only effect starting, right? Nope! Because of this, the windows stopped working, the radio only worked when the sun-visor was down, cruise control was random, heated seats only worked sometimes, locks didn’t work, power-wheel would raise randomly, traction control didn’t work…. That being said, 20 minutes and $50 later, it’s fine. Same deal with the light module… it messes up everything when it dies, making lights flicker, high beams randomly flash, etc. But $40 and 10 minutes it works. Last week it killed a coil pack. That being said, it runs surprisingly well on five cylinders. OEM is $65; chinese knock-off is $18 and works great. They’re comfortable, fast, useful, and efficient (28MPG on 87Oct) cars. But don’t expect a Honda-style DD. It’s a rolling project for electronics geeks.