[07lilredwagon]

looks like somebody loved that car! clean!

of course pictures are deceiving!....see it in person, get a mechanic to look at it...and NEVER buy into the fact that you HAVE to buy anything "tomorrow"....If you want to commit to buy with a refundable deposit (based on your mechanics findings) then go for it....but investing 12000 is worth 3-400 for the mechanic...most charge less than that!

JP

[Deep_Blue]

Any engine/underbody pics? That's where you need to really pay attention.

[alexwhittemore]

That's a REALLY classy looking car. Looks like the owner was totally anal about cleanliness too, your win.

Definitely gotta respect the due diligence others have mentioned re: maintenance, but man, even with engine problems, you'd be hard pressed to dissuade me from that beauty.

[335speed]

Originally Posted by 1chanc3

not sure if serious or troll....

if you're only gripe with the car is because it's old then you know nothing about cars...

1961 Ferrari 250 GT California Spyder, est price. $10.8 million-30 million
1957 Ferrari 250 Testa Rossa, est price $12.4 million
1968 Ford GT40 Gulf, est price $11 million

These are all old cars. Granted this is a BMW and not a ferrari classic, but age should not really be considered if it is well maintained.

Just saying I thought it was a bit overpriced. I work in Orange County with auto wholesalers and see a good amount of older cards M3 and the such and just would think the price would have depreciated a bit past that, and even if it is well maintained its a piece of metal and is prone to wear and degrading.

and the cars you are refering to are well considered classics and over 50-60 years old

[SharkBait]

Originally Posted by 335speed

Just saying I thought it was a bit overpriced. I work in Orange County with auto wholesalers and see a good amount of older cards M3 and the such and just would think the price would have depreciated a bit past that, and even if it is well maintained its a piece of metal and is prone to wear and degrading.

and the cars you are refering to are well considered classics and over 50-60 years old

It all comes down to the condition. If the chassis, engine / drivetrain are in as good shape as the interior pics and paintwork, it's easily worth that price. OP, give us an update!

[E39lolz]

Man that is one clean e34. I owned a e39 M5 for 2 years but always browsed the e34 section on the M5board to gain some knowledge on the s38. If you do buy this car I suggest joining M5board.com as you will gain extensive knowledge as I did when I first got my e39 M5. Many DIY threads and sources for OEM parts @ discounted prices. For the asking price its fair, given the low mileage (for the year) and condition. I was looking @ a 91 M5 over 2 years ago for $7.5k asking price/non neg with rust, 203k mile s38 with oil leaks, shot interior and the owner said that the s38 had never been rebuilt. IIRC the s38 needs a rebuild at around 200k miles @ a few grand. Funny how the pics the guy sent me were very misleading as they were over 5 years old! Also e34's have heater core issue's so run the heat and smell any signs of coolant. Part is cheap but labor can run a pretty penny. PPI is highly recommended as everyone has already said but make sure you give it a thorough testdrive. Service records do help and it should be using TWS oil. GL with it if you do intend on purchasing it.