$24,750 for a '74 at Barret Jackson. YOUSA !!!

[JohnN]

Seems like a crazy price to me for a big bumper, non-Tii.

Link here: http://www.barrett-jackson.com/application/onlinesubmission/currentcarlist.aspx?aid=304&sd=01/20/2010&ed=01/20/2010

John N

[JohnC]

Seems like a crazy price to me for a big bumper, non tii

Maybe, maybe not. If it's true that there's $30,000 worth of receipts, then it could be a good deal. I've probably got $15-$18k in my car, and that's not counting labor. Most of us are surprised when a car goes for this much, but why are we not surprised at how much money we dump into these cars over time? If one was going to decide on having a car restored or buying one that has already been restored, the latter is generally the better deal, as long as it's done to the same standards you would have paid for.

Also consider how much the cost of parts has gone up recently. All in all, it may be a bargain to buy a well-restored car for $24k

[TobyB]

agreed, and figure that BJ is the absolute top end of the spectrum-

or the bottom, depending on your prejudice.

I can guarantee you will get better value- for- money from a Faqquer!

t

[kris]

They still have to ship it out of there (not the cheapest when everyone else is trying to ship as well).

I'm prepping my tii for a $75K sale next year

[Armond]

I'm prepping my tii for a $75K sale next year

that's all???

[JohnC]

I can guarantee you will get better value- for- money from a Faqquer!

True, but what faqquer is going to sell his or her freshly restored car? And why would a faqqer be willing to take a substantial loss after investing $30k? (not this faqquer!) I think it's reasonable to try to recover as much of that investment as possible.

I don't know the details on the auction, but presumably he wasn't bidding against himself. Obviously there were at least two people who wanted to buy a 2002 that isn't available at your local BMW dealer or Craiglist etc. etc. If the buyer didn't make that last bid, it would have sold for something less, and we'd be still be having the same discussion. I know that the psychology of an auction affects the bidding (frenzy), but I doubt that's much of a factor on a car as common as this one. I mean it's not "to die for", so I can only conclude that the price was fair!

[Harv]

Looks like rich guys are still ruining our hobby. IMHO.

John

[eastsidebimmer]

There was a post about this car last month from Woody:

http://www.bmw2002faq.com/component/option,com_forum/Itemid,57/page,viewtopic/t,333961/highlight,jackson/

[TTyMiller]

Well it is a very clean car and it's worth what someone is willing to pay as we all know. I don't know of any collector car books that would have the price that high. The highest I've seen a non tii price in the books is around 16k; however maybe the 02 is coming up good or bad I don't know just happy I have mine. And I agree with T, I'm not selling! I could probably make a nickel if I sold Narlie , but then I would only have money and not an 02.

My 2.3 Mazda 3 is a great little car but I don't get the smiles and winks and the awesome car dude statements when I drive that and last but least I just don't feel the same.

We are fortunate sons here to own an icon.

I hope the guy invest in a different shift knob though.

[kris]

How much for the AC Cobra and the Gorilla?

[SteveJ]

I'm prepping my tii for a $75K sale next year

That's $75K CDN.

:^)

Whatcha doin' Kris. Telling the wife, "OK, I'll put my car up for sale." and then setting the price ~real~ high so no one buys it? Then you go back and say, "Gee honey, I tried to sell my car, but nobody wants these old things. Maybe I need to make some improvements to it so it will sell."

Hmmm...think I'm gonna try that with my M3.

[ray_]

You have an M3?

;-)

I'm prepping my tii for a $75K sale next year

That's $75K CDN.

:^)

Whatcha doin' Kris. Telling the wife, "OK, I'll put my car up for sale." and then setting the price ~real~ high so no one buys it? Then you go back and say, "Gee honey, I tried to sell my car, but nobody wants these old things. Maybe I need to make some improvements to it so it will sell."

Hmmm...think I'm gonna try that with my M3.

[philv]

Did you see the Messerschmitt bubble car that went for something like $30K last night? Crazy stuff.

[kris]

I'm prepping my tii for a $75K sale next year

That's $75K CDN.

:^)

Whatcha doin' Kris. Telling the wife, "OK, I'll put my car up for sale." and then setting the price ~real~ high so no one buys it? Then you go back and say, "Gee honey, I tried to sell my car, but nobody wants these old things. Maybe I need to make some improvements to it so it will sell."

Hmmm...think I'm gonna try that with my M3.

Hey $75K CDN = $75K US right now. One of the benefits of your gov't buying all the banks

...And I do have the list of "improvements" my car needs. Much smaller than a few years ago, but the items are more expensive too

[ray_]

Trade ya even.

;-)

I'm prepping my tii for a $75K sale next year

That's $75K CDN.

:^)

Whatcha doin' Kris. Telling the wife, "OK, I'll put my car up for sale." and then setting the price ~real~ high so no one buys it? Then you go back and say, "Gee honey, I tried to sell my car, but nobody wants these old things. Maybe I need to make some improvements to it so it will sell."

Hmmm...think I'm gonna try that with my M3.

Hey $75K CDN = $75K US right now. One of the benefits of your gov't buying all the banks

...And I do have the list of "improvements" my car needs. Much smaller than a few years ago, but the items are more expensive too