Standard Coupe Market Value

[Steve C]

Data points on 700 sales are few and far between.  NADA lists a low retail of $7.9k, an average retail of $15.2k, and a high retail of $24k (see the link below and notes) - - - but doesn't distinguish between a standard vs. sport coupe.

 

Any thoughts on current market values?

 

http://www.nadaguides.com/Classic-Cars/1960/BMW/700/2-Door-Coupe/Values

 

Low Retail Value
This vehicle would be in mechanically functional condition, needing only minor reconditioning. The exterior paint, trim and interior would show normal wear, needing only minor reconditioning. May also be a deteriorated restoration or a very poor amateur restoration. Mostly usable “as-is”. This column does not represent a “parts car”.

Note: Some of the vehicles in this publication could be considered “Daily Drivers” and are not valued as a classic vehicle. When determining a value for a daily driver, it is recommended that the subscriber use the low retail value.

Average Retail Value
This vehicle would be in good condition overall. It could be an older restoration or a well-maintained original vehicle. Completely operable. The exterior paint, trim and mechanics are presentable and serviceable inside and out. A “20-footer”.

High Retail Value
This vehicle would be in excellent condition overall. It could be a completely restored or an extremely well-maintained original vehicle showing very minimal wear. The exterior paint, trim and mechanics are not in need of reconditioning. The interior would be in excellent condition. Some vehicles may be considered “matching numbers” vehicles.

[Ray Brandes]

Steve,

Here is another look at values:

https://www.hagerty.com/apps/valuationtools/1963-BMW-700

 

These things are all over in Europe:

http://www.theparking-cars.com/used-cars/bmw-700.html

 

One has to weigh the value of the model and the cost to get it here against what American sellers expect.

There was one in Colorado a few months back. Single carb, repaint and the reserve was $19500!

There is a single carbe in Miami that is concours for $20K. Wife won't let me even go look at that one.

A rusty one just sold on ebay for $2550. Lots of rust, but could be fixed.

http://www.ebay.com/itm/1961-BMW-Other-700-Coupe-/252625994476

 

I will just keep looking and keep my fingers crossed.

 

Regards, Ray

 

[Steve C]

Interesting that the Hagerty average value is $9.1k vs. the NADA average of $15.2k.  I expect the disparity is due to a dearth of data points.

 

Prices on the Euro site are all over the place.