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Guest Anonymous

How much is my car worth?

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Guest Anonymous

Just trying to get a feel for my '02's value. I was rear-ended yesterday (see post below), and the car will probably be totaled by the insurance company. I will buy it back, but I want to be sure to get a fair price for the car. Some of you saw it at the Midwest '02 Fest two weekends ago.

Here are the specs:

-Nearly stock early 1971 2002, Colorado orange, no sunroof.

-112,000 miles (actual; the odo's never broken).

-All original paint except for passenger's door, all paint good (well, until the wreck).

-No structural rust (shock towers, rockers, floors, trunk); only minor cosmetic rust (trailing edge of driver's fender, bottoms of rear quarters behind wheels); no significant dents (again, until the wreck); never wrecked before.

-Original engine with 1-bbl Solex, in daily driver reliable condition. No oil leaks. New alternator, voltage regulator, coil.

-Immaculate interior, all original; repadded seat bottoms; dash, trim, seats uncracked.

-New 185/70R13 Perelli P400s on 13X5 Opel steel rims.

-22mm front swaybar, good Boge shocks.

-New resonator, nearly-new muffler, both OE.

The car is in Kentucky and had lived in Pennsylvania and New York until this year, so keep that in mind, California folks. What do you think is fair market value for this?

Thanks,

-Dave

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Guest Anonymous

south_bend_trip_02%20072.jpg

If it is, I'm sorry to hear about the wreck. I know how you feel, I've been taken by the total insurance deal at least 3 times.

Keith

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Guest Anonymous

She still looks like that... from the front.

-Dave

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Guest Anonymous

but you may have to work hard to sell the insurance company on a value higher than your purchase price plus any improvements (I recall you recently bought it back, right)? I'd think the pre-wreck value for resale to an enthusiast would be $ 4 - 5,000. Check Roundel classifieds, online listings, ebay completed items, etc. for comparables; print them out for your metting with the adjuster. You might also get a valuation from an independent BMW specialist, either locally or online. Good luck with it!

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Guest Anonymous

Yeah, the sentimental value of the car is huge. My dad bought it back in 1997 for $3000, but that was more of a friends' agreement that was probably a bit low. My dad gave me the car in April, so that five-year-old figure is the latest one. I think I could make the case that work done to the car and the increasing value of these cars over the past five years means that it's worth more than that. I printed out 18 ads or closed eBay auctions this morning of cars ranging from a bit worse than mine (at $2500) to a bit better (at $6800) to a couple of pristine examples up to $20k asking price (!). They might help. I'd love to get the value reckoned at $4k or $5k, as you mentioned. Any other opinions, folks?

-Dave

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Guest Anonymous

02flash6.gif

(nt)

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Guest Anonymous

bye1.jpg

You might have to argue, but it will be worth it. I'm assuming

your damage might be more than what is pictured here, but the

insurance co. has paid $3000 (so far) for this car.

It was a relatively perfect west coast '73 with 80K showing on

the OD. My friend picked it up and drove it xcountry for me.

Within an hour I was rear ended by an F250 towing a trailer. At

a stoplight! In plain view for about a minute, he just couldn't

stop so he hit ME! Uh, anyway.

To the extent that I could see the Erie Insurance Man was

expecting to write it off, he didn't mention it once he saw the

car. Clean interior, clean engine bay, no rust he could find. The

paint was badly faded though. There had been a previous trunk

repair, but he didn't notice the respray. I think they call it a

total once it hits 70% of the book value that They find.

However. You can present the value that You find. And with

enough arguing and persuasion and maybe some give on your

part, you won't end up with a salvage title. I may back off on

some bumper damage, since they are so $$$$. F series truck

bumpers go over our bumpers, but under the hood and trunk. I

rear ended one with a different 02 and replaced the

nose,fenders,hood. But no frame damage to the car. I guess

getting rear ended by one was payback.

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Guest Anonymous

My damage is about the same, possibly not even as bad, but on the other side. I hope they don't do a total write-off, but I won't mind a salvage title if they do; I don't plan on ever selling the car. Thanks for your experience.

-Dave

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Guest Anonymous

I think from Allstate in TX.

It had really bad paint, but a good stock interior.

No special mods.

Bottlecaps

Metric Mechanic head 10 years ago

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Guest Anonymous

I bought one of mine with a bad motor for 400.00 2 weeks ago. 1975 clean body and interior needed seats

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Guest Anonymous

Hi,

I have a 1997 Red firebird convertabal tan top,tan leather with 57200 miles with all the toys in great shape , no dents or scratches. looks new. What is clean black book and there is a add $ for miles?

Thanks,

John Coryell

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Guest Anonymous

(nt)

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Guest Anonymous

We specialize in older BMWs.

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Guest Anonymous

v6- v8? how's the top? got power options? maunal or

automatic... big difference between a secretary special and a v8

formula firebird convertable..

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Guest Anonymous

(nt)

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