Is anyone else surprised this '76 on BAT is $29k?

[Dug Nichols]

Price: $290000

Location: https://bringatrailer.com/listing/1976-bmw-2002-100/

Description:

https://bringatrailer.com/listing/1976-bmw-2002-100/

 

23hrs to go

 

Nice looking car. I'm just a bit surprised a '76 is fetching this kind of price. 

[mbausa2001]

It costs a lot to restore a 2002 these days, not to mention finding a decent rust free shell.  

[joysterm]

At the risk of being a smart ass I would be surprised if it was well into 6 figures but it appears to be a typo(lol).

 

To you point I am not. I think one  would be hard pressed to take a average 02 to this level of presentation for anything close to 30K. Paint and interior could run you into  a 20k invoice in a heart beat,  so I think there is value here.

 

The owner has done  a very nice job turning  his car into a very desirable driver. I for one love the colour combo  and the switch to the Euro look and tasteful mods. Personally I think if this car was a different style tail light, it would be closing in on 40 by now. Non Tii offerings are starting attract some serious consideration if well sorted.

Edited February 16, 2020 by joysterm

[02Les]

Ah, the glory of Bring a Trailer. A car that could not sell for $20k anywhere else, will sell for $30k & upward on BAT. Go figure.

And, when sold, the audience will post "well sold" to the Seller & "well bought" to the Buyer. How the hell can one car be both???

I need another beer?

[BarneyT]

Joysterm is correct,  the car looks well done someone put a lot of money and time to get it to this point...looks like a 45k car to me, for someone to break even.

[ray_]

Needs more license plate lights.

 

 

That's all I  got.

 

[conkitchen]

52 minutes ago, ray_ said:

Needs more license plate lights.

 

 

That's all I  got.

 

 

The Recaros could use an inner slider rail shim to make them sit level in the car. 

 

But what do I know

[M3M3]

Ain't nothin wrong with a 76 vs any other year.  An 02 is an 02.  It is all about the condition.

 

Any 02 I see from Texas though....i immediately start looking for Select Classic evidence.   ?

[mbausa2001]

20 hours ago, mbausa2001 said:

It costs a lot to restore a 2002 these days, not to mention finding a decent rust free shell.  

Anyone wants to guess how much I’ve spent on this 71? I still got another $6k to go for dash panels heater box etc? 

[iinca]

I love Jadegrun! Love those tan Recaros too... with the vertical pleats'. For sure this is a fabulous color combo..just fabulous darling..

 

 Did it say if the buyer gets the original motor?

 

 

...not much more to whine about...it's nice but not for me. Yup some

batster' is gonna be real happy

 

 

 

Edited February 17, 2020 by iinca

[resra]

45 minutes ago, mbausa2001 said:

Anyone wants to guess how much I’ve spent on this 71? I still got another $6k to go for dash panels heater box etc? 

I cant guess with just one rear end picture but it looks nice so far. However, I'm happy to redo your steel wheels in the original color etc. Mike if you send them over to me. 

 

 

[mbausa2001]

4 minutes ago, resra said:

I cant guess with just one rear end picture but it looks nice so far. However, I'm happy to redo your steel wheels in the original color etc. Mike if you send them over to me. 

 

 

Thanks, Resra.  I own a set of  minilites wheels that may look good on it.  The picture was a teaser.  I have spent too much $ & € on this.  Be happy to get my money back.  Be good. 

[mbausa2001]

Reserve not met! Not surprised!  Hang on to your 2002s.  Even Germans are buying rust free 02s.  

[jp5Touring]

$29k RNM

[Robert Kyle]

How much one puts in a car is not necessarily a measure of what you'll get back.

 

You can put $100k in a Ford Pinto.

 

Not saying this 2002 is a Pinto, but owner probably wants $35k.  That's fine, but the market just isn't there for non-Tiis/squares sadly.

 

Now if the rust bubble wasn't there, removed the knee trim, and some different wheels/tires, it might've hit $30k.  $33k if it had BBS RS001s and a 5-speed.