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The Volvo is the same- at 70'ish you're in fifth and at the right revs for the turbo to spool instantly- press the pedal slightly and you have 20psi and all the torque, you're at 150 pretty effortlessly. As a motorway car it's only fault is a little wind noise due to the seals being 21 years old. It's elsewhere that the laggy nature of a relatively small engine with a relatively big turbo become annoying.
Dammit
Colm89
If you're considering an e39 estate don't bother with a v8, get a 530i msport touring. I had a 520i msport saloon and it was perfectly damped with sublime steering. Great torque but just lacking a bit top end as it only had 170bhp. Ate miles and sat right in the torque band at 62mph in 5th so in gear acceleration on the motorway was great. The v8's use a steering box rather than a good old fashioned steering rack so feel much better. Of course I could live with that for an m5, but I wouldn't fancy the running costs alongside a porker.
Had an m3, don't think I'll ever have an M car again. It was great fun don't get me wrong, but too expensive to run as a daily, and just not quite special enough to use as a second car. An e61 m5 is just batty, I love them but I'd much prefer a 535i day to day.
I don't have much of an opinion anymore though, I traded my 5 series in for a clio haha.