Value to you, or value for resale? (archive)

Supply and demand, as always, set the market....
Forget the idea that these are collector cars for quite a while yet. There are way too many of them still around, and there is a relatively narrow band of buyers. As to "showroom" condition, there was recently a one owner, moderate mileage, extremely nice car in a posting here and the seller was asking opinions on price. He ended up listing the car at about $4500, I think. It would be nice to know if it sold, and for what price. Maybe he will share that with us. On the other end of the spectrum, I just bought a very nice (mechanically) 1981, with 220K miles and needs paint. Otherwise, for the miles, the car is exceptional. In fact, considering it is a 20 year old car, and considering that it's conceivably a 500K car, the miles are average.

Ultimately it is up to you. This is not meant to be a copout, but the saying goes:

Market value is the price a willing buyer will pay a willing seller. The car is not a collector item.... it's a car, albeit a car with an attractive character. It is not an investment and you are NOT going to get your money back out of it. But even at $3000, it is less than one tenth the price of a new BMW, more fun, and just as reliable if taken care of. Plus it preceds the BFT school of styling of the new BMW's. Hint... The first two letters stand for Big Fat.....

Follow Ups:

The car would be for my use Sluf2 15:45 12/07/2001 (1)
- I suggest this... (78 may have crack-prone head) Lars PNW 77,81,81 E12z 19:12 12/07/2001 (0)
The car would be for my use Sluf2 15:44 12/07/2001 (0)
PS... I paid $1000 for the 81 -- Rust Free Lars PNW 77,81,81 E12z 09:10 12/07/2001 (0)

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