1972 2002, Rust Free (Almost)

[IWantOne]

Price: $5000

Location: Austin, Texas

Description:

https://austin.craigslist.org/cto/d/1972-bmwk-obo/6601968119.html

 

Over the past two weeks I've been traveling around the Southeast looking for a 2002.  I sold my '76 Fjord a few weeks ago and already need to scratch the itch . . . anyways, this car is one of the ones I have driven.  The owner was quite nice and burned a lot of his time to accommodate me,  so I feel like I owe it to him to help sell it forward.

 

The ad asks for $8000 or best offer, but we agreed to $6000 before I came to look at the car.  Allegedly he bought it for $6200, so he's taking a cut at that price.  The selling point on this car is the miraculous lack of rust.  Just some bubbles on the hood, a dent on the hood where he closed it over something on the carb, and some severe (but repairable) spots by the rear windshield.  What turned me off the car, however, was a clunking noise from the transmission while driving it.  Seemed like the shaft was loose, but I didn't have the chance to take a look at it from underneath. 

 

Pros include the overall lack of rust, little to no oil leaks, electronic fuel pump, extra parts included.  If you find yourself interested, PM me and I'm happy to discuss what I saw in detail.  

Edited June 6, 2018 by IWantOne

[1936spyder]

Driveshaft center support bearing and tranny mount?

Sent from my LGMP260 using Tapatalk

[IWantOne]

Just now, 1936spyder said:

Driveshaft center support bearing and tranny mount?

Sent from my LGMP260 using Tapatalk
 

Couldn't tell you.  Not too experienced with that area of the car.  Certainly felt like a shaft problem as opposed to transmission.  Also should've mentioned, the shifter had 3-4" of slop when in gear, and first was quite hard to find. 

[jgerock]

Wait. Austin TX isn't Fulton County GA. 

[IWantOne]

Wait. Austin TX isn't Fulton County GA. 

The seller's explanation was that he bought the car from a lady (owner of fifteen years) who had only recently moved to Austin from Florida. Last time she had it registered in Fulton county was 2014, so it sat from then until January, when he bought it off her. He claimed that it ran when he bought it and that she drove it occasionally around the block.

[02Les]

13 minutes ago, IWantOne said:

2 hours ago, jgerock said:

Wait. Austin TX isn't Fulton County GA. 

The seller's explanation was that he bought the car from a lady (owner of fifteen years) who had only recently moved to Austin from Florida. Last time she had it registered in Fulton county was 2014, so it sat from then until January, when he bought it off her. He claimed that it ran when he bought it and that she drove it occasionally around the block.

The Lady was selling it Dec '16 for $5600 via Auto Trader. It was stated she owned it 12 years then. From what I can see from the few pics, the current Seller appears to have done little (if anything) to the car except jack the price up (he wanted $10k last month).

[IWantOne]

He claimed he bought it for $6200, which I honestly thought was BS. If it tells you anything, the seller owns a Countach-Fiero kit.

As for doing anything to it since then, he said all that he's done is amass some parts and paint the rear wheels (which look awful in person by the way). I left him this morning with an offer of $4000 that he turned down, not to my surprise. Good thing, because I discovered a gem roundie this evening, locally too. Have already put a deposit down!

[Jbaumshelter]

I would much rather throw money at engine, drivetrain & suspension. Body work can kill your budget quickly. I like this car for that reason in this price range. 

[IWantOne]

I've uploaded the walk-around video he sent me on YouTube at this unlisted link. 

[CoastalCrush]

That crap paint job is hiding a lot more rust than meets the eye. 

[IWantOne]

Seller just texted me and said he's willing to accept $5000. 

[Jbaumshelter]

Yep, it's a basket case project. It needs some love for sure. Hope somebody is willing to do it. It won't be me however.