Car has been SOLD 3/13/2011 I will miss it
This car is now for sale. Updated information in bold. Some new photos have also been added.
1976 BMW 2002 with m20 325i engine; 323i 5 speed and radiator, and 3.9 limited slip. This car was built right by the PO. The nose wasn't all hacked up to accommodate the engine and it is very reliable.
Cosmetically the car is rough. It is not an ideal starting point for a restoration. The green paint is in bad shape and the car definitely has its fair share of rust, but structurally is pretty solid. There is no rust in the rear shock towers and the car has no problem passing inspection. Interior has no headliner or ash tray.
New in the last two years/10k miles:
-Redline MTL in the trans. and new guibo last weekend
-Timing belt and external belts
-Valve cover gasket
-4 new Sumitomo HTR 200 tires: 185/60/13 front; 195/60/13 rear
-Royal purple diff fluid
-Esty carpet and rear seat delete
-Pioneer CD player and speakers
-Sunroof seals
-BlueDevils seat belts
-new rear parcel shelf
-CV boots on right rear axle
Other things to note: Dino steering wheel, corbeau fixed back seats (driver's is torn, no head rests), flat front turn signals, Lucas H4 headlamps, EAT Motorsports/Mark D'Sylva 93 Octane chip in a 173 ECU, Ireland reground cam, short rear bumper, front spoiler, Volvo calipers, 320 vented rotors, 320i rear drums, cut ST springs, 320i steelies, e30 m3 antennae (love it or hate it)
The car does smoke occasionally at idle and drinks a quart of oil every ~800-1,000 miles. But oil consumption has gotten no worse while I've owned it. It needs to have the shocks and struts replaced, but I'm including good used Bilstein sport struts and Koni red rear shocks as well as new front USBs purchased from Blunt. An uninstalled 2002 Turbo front sway bar also goes with the car. Currently, it rides like a Cadillac, albeit a low one -- a nice thing for those longer trips.
This car hauls and has been very reliable and surprisingly comfortable; I've taken several long road trips and it's performed quite well. This car is kind of grungy, but it's by far the best driving 2002 I've owned (I've had 3 others during the past decade, including a tii).
Virginia inspected through August 2011. Car is located in Williamsburg.
$3500
Would strongly prefer to sell to someone with a garage so it doesn't have to sit out in the rain. (I've garaged the car the entire time I've owned it.)