I came across an '86 black/tan 535i on a dealer's lot today. At $6900, I know this car is way overpriced but I wanted to see what you guys think it's worth. It's a 5 speed with 207K miles, front air dam and trunk spoiler (both look good), and 16" Borbet alloys with nearly new tires. The body appears rust-free (northwest car) and pretty straight except for a small dent on the corner of the roof, just above the driver's door. The leather interior is OK but does have some cracking in the seats. The engine compartment is well sorted and clean. When I first fired it up it blew quite a bit of smoke (valve seals/guides?) but the car ran really strong; I was actually impressed with its acceleration over 4000rpm. The clutch felt fine as did the suspension and brakes.
The salesman implied I could probably get the car much cheaper as it's a VW dealer and they basically just want to get it off their lot (they make much more money off newer VW and Japanese car trade-ins). Before I purchase anything I want to see maintenance receipts (which I don't know if the dealer has) but my gut feeling is this car is worth maybe $2500-$3500 considering the rust-free body, apparently decent mechanical condition, and like-new aftermarket wheels/tires. I do suspect it'll need some head work soon. What do you think it's worth?

LarryM
'85 635CSi

working as a vendor on car lots i know how they work,basically they are trying to hit a home run,but they always advertise for book.they most likely gave $1500 on trade(thats not a guarantee but im sure its close).they do put some money in the car because they have to service them,brakes etc.i just paid $3500 for mine in september and its basically the same car with just a few more small dents with 197,000 miles.i dont regret my purchase a bit.so yes its way too much money so make a qualifing offer and thell most likely take it.good luck and remember,if the deal falls through,it wasnt meant to be!!!