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TR

Sold 73 tii coming up for sale…. :-(

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(edited)

I too would love to have this car but not close to the price I almost paid for the inca in San Diego. Although it looks like you took good care of it the fact is that it is still an east coast car. And when I think of an east coast car I think about what Steve posted a while back when discussing a '74 tii - and that is Stymee and his '72 tii. Here is a link for the reminder:

 

http://www.bmw2002faq.com/forums/topic/111768-full-of-surprises-a-72-tii-from-the-northeast/?page=1

 

Now I am not saying your car is in this condition but based on photos alone it makes me nervous - there are some concerning rust issues. In the last few months alone there was a rusty east coast '73 fjord tii that sold for right around 10k I believe. There was also a solid Texas '72 inca tii that sold for 22k and a restored '73 turkis tii that sold for 26k. I contacted a couple shops here is SoCal about the fjord to which they told me to run away from a project like that. Now I may be missing something about these cars that others that know more than me can pick up on - in that case I would love to be schooled.

 

I guess I am posting this because while I do agree with TNan and that it is a special car, it will need work. I am not sure what others are thinking in terms of numbers but I would say between 10k and 15k would be a good starting point for negotiation.

 

Thoughts?

 

 

Edited by sealions518

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(edited)
16 hours ago, NYNick said:

Why not just ask everyone here on FAQ what they think it's worth? This will surely give you a better idea than ebay.

 

Nick,

 

Now that a tastefully-restomodded '74 tii sold on B.A.T. for just shy of $75K (with buyer's premium), we don't have a CLUE what a tii is worth!  ?

 

Best regards,

 

Steve

 

 

 

Edited by Conserv

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(edited)
5 hours ago, Conserv said:

 

Nick,

 

Now that a tastefully-restomodded '74 tii sold on B.A.T. for just shy of $75K (with buyer's premium), we don't have a CLUE what a tii is worth!  ?

 

Best regards,

 

Steve

 

 

 

I hear ya! 911 SC's have gone for $70K and $12K this year, so it's crazy out there. But.....

 

You people here are the ones with the smartest pulse on the marketplace. I can tell you that the 'outside world' thinks the 2002 is the up and comer. Porsches have gone nuts the last few years, and prices are through the roof. Very expensive. So if you don't want to pay $30K plus for a 911 that needs work, what do you do?

 

From my perspective coming from both places, a regular 2002 is a true bargain. Easy to work on, dependable, tons of fun, classic lines, great handling...where can you get that for under $15 or even under $10K? Throw in a Tii option, and any one of them worth it's salt is a $20k car IMHO.

 

Having bought one lately that's currently going through a restoration, I would start at $25K, and start subtracting the work that needs to be performed, then add a few K to negotiate. That's how I would come up with my price. 

 

Then again, I'm the newbie....

 

Edited by NYNick

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I saw the tii on BAT sell for $74+ K and am really stuck now.  As I said in my first post, it's anyone's guess what my car is "worth" and it is clear that the tii has joined the "investment grade" automobile club.  Not good news for those of us that want a great classic car to blast around the back roads on sunny days.  TR

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Well that one on BAT was a pretty rare example and beautifully restored. Plus it was done by very reputable shops with documentation. Now I know that if I were to take your car to Coupe King here in California I would expect to pay around 100k to make it look like the BAT example. In that case, sure, your car would be bring in those same big bucks. I think the problem here, and one that I am sure many flippers will take advantage of from the BAT example, is that all the tii's just jumped three times in value overnight. I for one do not think that is the case. There are examples of tii's selling for crazy numbers nearly 10 years ago. I am however glad that the seller on BAT was able to get a good portion back on what he put into the car in the first place.

 

For some more comparison, there was a partially restored chamonix 72 tii that went unsold (25.4k) on Ebay not too long ago (http://www.ebay.com/itm/-/231851091125?roken=cUgayN) and then I think sold privately by the dealer in St Louis (not sure how much but under the 32k asking I'm sure). It just went up for sale again a couple weeks ago after the seller decided he wanted to trade it in for something else (new sellers words, not mine). I called the new seller (another dealer) and he was asking 27k for it - I passed.

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(edited)
54 minutes ago, sealions518 said:

 

...For some more comparison, there was a partially restored chamonix 72 tii that went unsold (25.4k) on Ebay not too long ago (http://www.ebay.com/itm/-/231851091125?roken=cUgayN) and then I think sold privately by the dealer in St Louis (not sure how much but under the 32k asking I'm sure). It just went up for sale again a couple weeks ago after the seller decided he wanted to trade it in for something else (new sellers words, not mine). I called the new seller (another dealer) and he was asking 27k for it - I passed.

 

I suspect you're talking about VIN 2760770:

 

 

Given that it started life as a Malaga car with tobacco interior, has been all over the country, and wound up Alpine White (a post-'02-era BMW color) with black interior, I'd guess that this one has a sordid history.  Not the best dealer either.

 

Mind you, at some price, it's a steal, unless those re-paints are hiding the rust worm.  I'm not surprised to see it back on the market: it gave me bad vibes.  If you consider it again, get a really good PPI by an '02 specialist.

 

Regards,

 

Steve

 

Edited by Conserv

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OP, while being sincere in his position, is the kind of seller I like to deal with least. Pick a price, ask for it, and sell the car. Every time you see a car that goes for a higher amount than you anticipated, your initial position changes and are immediately inclined to ask for more, though nothing has been done to your car to merit the higher price, aside from the most recent anomaly sale that took place yesterday. 

 

I had the greatest pleasure (/s) dealing with the owner of a 1982 Alpina C1 2.3L e21 car. He is a private guy, and my inquiry to his car netted me an asking price of $14k. This was more than I wanted to spend given the car's current conditions and immediate needs, but I told the seller I would find him a buyer. Within three weeks, the public sale of two Alpina e21 cars were completed, with both selling prices substantially more than the car I was originally after. Now it's worth mentioning that the car I inspected was in much worse condition than the two recent sales, but nonetheless, I brought in three serious buyers (on my time, as a favor to the seller) who were interested in the car at the asking price of $14k. Except now, the original seller wanted $22k, then $26k for the exact same car, with no other value added except that the market has shown to bear a higher price, for nicely restored examples of his car.  At the present, the seller is still trying to sell the car for a higher price, and my potential buyers are disappointed in the constant price changes (and the reasoning behind them).

 

Advice to OP, take what you've learned, list it at a price you think it's worth, or sell it privately to one of the many here, who have already expressed interest. Don't be shy. And most of all, don't raise your price after you've publicly established one simply because you think it's worth more. That's a surefire way to be "blackballed" in this community. 

 

Cheers,

Ryan 

 

 

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OP?  Original Poster? -  that's me I guess.  Having owned the car for 33yrs and stored it properly for 20+ yrs I was not planning on selling it.  If I (or anyone else) knew what the value was we would not be having this discussion.  If I only "needed" X dollars I'd advertise it here with that asking price.  As has been pointed out, this is the right year and color tii.  99% original and factory paint on the car BUT it does have rust.  20+ years sitting in a warehouse resulted in an uncracked dash, very good interior and certainly slowed the rust down. I stored it with a guy who restores cars for a living.  His words to me were: all original cars are worth a LOT money because you know what you're getting - no repairs hiding behind new paint or undercoating.  As most of us know a 74 tii sold last week for $74k. I think the best solution is to let the market decide the value of my car.  I gave BAT their deposit and will go that route.  For the record, I'd much rather keep it or give it to someone here but that's not an option.  Thanks everyone for you input and suggestions.   Feel free to PM me if you have questions.  TR

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This sorts of cases where there is strong pros and cons to the car makes is difficult to figure out what it is worth.  

 

Putting it on BAT certainly gives you a good chance of getting a good price.  02s seem to do well on there.  The downside to BAT, as a seller, is if the peanut gallery commenters get down on a car, it seems to impact the bidding quite a bit.  

 

Scott

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