Re: M1 Market Value

[Im4BMW@xxxxxxx]

Hi Henry,

In a message dated 11/7/00 1:23:19 AM Eastern Standard Time, 
owner-bmw-digest@domain.elided writes:

<< I have a friend with a factory restored 1981 BMW M1 that he simply never
drives.  So, he's thinking of selling it to get something he won't be so
paranoid about.  Problem is, they are so rare and change hands so
infrequently, he has no idea of the current market value.Does anyone know
 of any recent sales that would give him a good gauge on the price he should
 be asking? >>

Sure, no problem...they run about $2,000...$3,000 tops....what's your friends 
phone number...I'm VERY INTERESTED!!!!

Seriously, and others will probably chime in with some good info, but alot 
obviously depends on the mileage and condition......I've seen em go for as 
low as $50k all the way to high $100k's....but I'd "guess" he'd be lucky to 
get $75k to $90k currently, unless the car is "pristine" and in excellent 
running condition...the fact he almost nevers drives is "NOT" a good thing.

My $0.02 worth...hope it helps.

You could also check the M1 message boards out there.

Happy ///Motoring,

John Weese
BMW CCA #76646
Lamndisville, PA
'73 2002tii
'76 2002
'88 M5

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