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BIMMERPOST Universal Forums Classic BMW (Pre-2005 Models) How much should I offer on this 2001 740iL? Needs work done.

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      11-01-2021, 03:23 PM   #1
kdogspence
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How much should I offer on this 2001 740iL? Needs work done.

The car has 130,000 miles, is automatic, black, and needs the timing guides and chains done. Located in Santa Barbara, California. It's listed for $1200, was wondering if I should offer even near that amount. Thanks!

https://santamaria.craigslist.org/ct...398024416.html
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      11-01-2021, 03:25 PM   #2
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if you are asking and don't know how to assess the car. please don't do this
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      11-08-2021, 07:39 PM   #3
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$900,$1000,$1200 kind of all the same at that point. You'll be spending thousands if you want get it into decent condition (E38 owner). I'd be most interested in paint and interior condition. Mechanically it sounds like every other E38.
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      11-08-2021, 10:11 PM   #4
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      11-13-2021, 09:10 PM   #5
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TCG will cost you 3-4K in California if you choose a shop.
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      11-13-2021, 09:43 PM   #6
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Body looks great for a $1200 car.

One wheel is silver though while the rest are chrome; might wanna ask about that.
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      11-14-2021, 07:56 AM   #7
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If you are able to do your own mechanical work then it could be a fair deal if it is just the timing chain and guides. Ask him what happened to make him say it needs timing work, if the chain broke just walk away.
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