Car Value Question (OT)
08-11-2009, 03:14 PM
#1
Rennlist Member
Thread Starter
Car Value Question (OT)
I was hoping to get your opinions on something a little different.
After a failed financing arrangement, I will soon be repossessing a 1981 BMW M1 with about 9000 miles. The car has not been modified and has been restored. White ext. black int.
Any opinions on value / market for something like this? Any good resouces or ideas as to how I can unload it?
I apologize for the OT but there are many car savvy people on this forum whose opinions I respect and I don't frequent the BMW forums.
And besides, there may be some 993 content if it ends up being parked in my garage!
Ideas appreciated...
Cheers,
Bob
After a failed financing arrangement, I will soon be repossessing a 1981 BMW M1 with about 9000 miles. The car has not been modified and has been restored. White ext. black int.
Any opinions on value / market for something like this? Any good resouces or ideas as to how I can unload it?
I apologize for the OT but there are many car savvy people on this forum whose opinions I respect and I don't frequent the BMW forums.
And besides, there may be some 993 content if it ends up being parked in my garage!
Ideas appreciated...
Cheers,
Bob
08-11-2009, 05:46 PM
#3
Burning Brakes
Saw an M1 in last month's Hemmings. Forgot the actual price but very north of $100k. Sounds like the best place to go for serious car buyers even in these tough times. My car collector neighbor sold two nice collector cars in the past month with ads in Hemmings. They went for the right price, not discounted.
08-11-2009, 05:51 PM
#4
Burning Brakes
Saw an M1 in last month's Hemmings. Forgot the actual price but very north of $100k. Sounds like the best place to go for serious car buyers even in these tough times. My car collector neighbor sold two nice collector cars in the past month with ads in Hemmings. They went for the right price, not discounted.
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08-12-2009, 01:53 PM
#8
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One went No Sale at RM this year for 120K, my neighbor sold his at RM in 07 for 130 something. I would recomend selling it through RM or one of the auction houses if you can wait until January.
08-12-2009, 02:05 PM
#9
Drifting
Keith Martin's '09 Sports Car Market Price Guide shows a range of $75K - $125K. But I think it was published before the economy really tanked, so maybe those values are a little high.
08-12-2009, 02:29 PM
#10
One in the UK up for £137k ($220k) with 3700 miles on it. http://www.classiccarsforsale.co.uk/...hp/carno/58553
A load for sale in Germany http://suchen.mobile.de/fahrzeuge/mi...tring=&lang=en
US based site http://www.bmwm1.com/
A load for sale in Germany http://suchen.mobile.de/fahrzeuge/mi...tring=&lang=en
US based site http://www.bmwm1.com/
08-12-2009, 08:28 PM
#13
Rennlist Member
A BMW racer friend from a local email list's dad has one, and I think he's owned it for 20-25 years so they're plugged into the market. Let me know and I'm sure he'd be happy to give you his thoughts.
08-12-2009, 10:32 PM
#15
Burning Brakes
Manheim.com Pricing
Manheimgold.com: These tend to be a little low.
1981 BMW M1 Dsp/HP Eng Fair Good Exc Show Loan
2D COUPE (350/459 lft 1979-81 3.5/277 6C 70,000 95,000 110,000 135,000 H 86,000
Add: Racing version (60 mfd) $50k
Data updated May 2009.
1981 BMW M1 Dsp/HP Eng Fair Good Exc Show Loan
2D COUPE (350/459 lft 1979-81 3.5/277 6C 70,000 95,000 110,000 135,000 H 86,000
Add: Racing version (60 mfd) $50k
Data updated May 2009.
Last edited by SKM; 08-13-2009 at 07:43 AM.