1980 528i: What is it worth?

[lmoser@xxxxxxxxxxxx]

I just looked at an 1980 E12 528i for sale. The body is in very good
condition and is practically rust free. The underside of the car is a
little rougher and there is a hole on the passenger side floor. The
interior is a little dirty but in good shape and should clean up well.
The car has 83k miles. I'm told the car needs a water pump and rear
brakes. I guess it has overheated and the oil seems to be a little grey.
The owner couldn't get the car started when I was looking at it. Here's
asking $1,000. I don't know much about these cars? What are they worth?
How much HP do they have? I'd by the car for around $500 and take a
chance with the motor since I think the car has some potential. Thanks
for any input anyone can provide.

Link Moser
Loudon, NH

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