BEAUTIFUL,RESTORED 1981 733i BMW- $45,000 INVESTED [Archive] - Bimmerforums

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hoover

01-05-2004, 10:08 PM

<CENTER></CENTER> 
A RARE CLASSIC BMW <IMG src= "http://i8.ac.yahoo.com/users/5/4/4/0/hooverdeltufo-img600x480-1060363738bwefull1.jpg"><PALIGN=left> 
BEAUTIFUL, FULLY RESTORED 1981 BMW 733i


Private sale from Car Collector. The Finest BMW 733i available. Meticulous ground up body and mechanical restoration managed by BMW enthusiast/fanatic. Only original BMW parts used. All work done by top BMW professionals. No expense or time spared to achieve perfection. Never driven in rain or snow. Over $45,000 in documented receipts over the past 3 years.


Rare, 6 speed stick in sapphire blue with parchment interior. Original 117,000 miles with less than 18,000 mile since restoration project. Car is essentially Brand New!!! Engine/Mechanical restoration includes among numerous items a complete engine built to 735i specifications. Car is fast and tight. Major mechanical parts include a new transmission, rear differential, new springs/shocks, complete BMW exhaust and new brake system and many other new parts ($19,000).


Body restoration included complete disassembly, strip to bare metal and replacement of numerous sheet metal components. Vehicle painted to original BMW specifications with Glausert paint in the original sapphire blue color. Numerous new exterior body components including front and rear windshields, front and rear chrome bumpers, front bumper valance, body molding/trim and chrome moldings.All body/window/door/sunroof seals replaced ($16,300)

Air conditioning/heating system is essentially brand new and the A/C is freezing cold. New compressor, receiver/dryer, pressure switch and all A/C hoses. New radiator, blower motor and printed A/C circuit board in dash and numerous vacuum components ($2800).

A professionally installed, Custom $5000 Sound System is included. All components masterfully hidden and incorporated into the vehicle. Components include a passive Alpine 5 volt AM/FM CD, Pioneer equalizer, two sets of Polk component speakers (5.5" & 6.5"), a vented 10" subwoofer. Top of the line, Class A, Soundstream amps (1100 Watts total) and a Soundstream balanced line transmitter drive the system. All body components are professional sound deadened.

The interior is near perfect and very little was done. Amenities include wood trim, beautiful leather seats, four leather headrests, leather front and rear seat arm rests, Custom 2 piece, Ramshead sheepskin seat covers (front seats & headrests), complete original trunk mounted tool kit, two custom installed Osram halogen-reading lamps, and a new code alarm/remote entry system.


It is impossible to itemize all the work and passion in this vehicle. I have two folders of meticulously cataloged documentation. Please click on the following Restoration Link for a detailed break down of the $45,000 invested in the last 3 years.
<A HREF="http://members.roadfly.com/hoover11/BMW AD.doc" TARGET=new>RESTORATION LIST - Click Here</A>

All original BMW manuals including shop, electrical and BMW CD parts disk. 
<A HREF=http://members.roadfly.com/hoover11/default.html TARGET=new>BMW PHOTOS-Click Here</A>


Car always garaged and covered. My personal Ultimate Driving Machine. No Disappointments!!

Please Click on the link below to see my Classic 1987 Mercedes Benz 560 SEC For Sale. This car also has the same level of meticulous detail with over $33,000 invested in the last 3 years!!! 
 <CENTER><A HREF=http://page.auctions.shopping.yahoo.com/auction/83991620><H3>
STUNNING MERCEDES BENZ 560 SEC For Sale</H3></CENTER></A> <IMG src="http://i9.ac.yahoo.com/users/5/4/4/0/hooverdeltufo-img600x480-1079034920mbfront.jpg">
<A HREF=mailto:hoover1@patmedia.net TARGET=new>hoover1@patmedia.net.</A>

brahtw8

01-09-2004, 02:09 PM

BimmerFreak

01-09-2004, 10:48 PM

Both your 7er and the MB are AMAZING!

You must have a passion for restoring vehicles, with an unlimited amount of both time and money!

I am blown away at the amount of money you spent on these cars.
Its really too bad that you will never see a very good return on your investment of money and hard work.

Bump for clean cars, and maybe you should contact BMWNA or something to see if they want to buy it....since it would be a shame to buy this car and actually drive it (plus I cant see how you could insure it for the money you spent on it... what if some jackass hit you when driving it? You would get like 8 grand from the insurance company...yikes!)

hoover

01-10-2004, 08:33 PM

EMAXX

01-10-2004, 08:45 PM

Bump for an amazing car. Everything looks wonderful on there. Good luck with the sale.

iwannadinanm3

01-10-2004, 10:46 PM

clean cars!!!! But i got you beat, 1990 560sec, with only 52k miles :)

hoover

01-11-2004, 08:26 PM

Thanks for all the compliments on the cars.

SilverBeam

02-21-2004, 04:13 AM

how much are you asking?

hoover

02-22-2004, 11:32 AM

The price is $17,733 but I am open to reasonable offers. Money was no object to make this the finest 733i. It is essentially a new car with what I have done. Please see the restoration list link. The stereo system in this car must be heard to be beleived.
If anyone is interested please email me at hoover1@rcn.com

NC98///M3

02-23-2004, 02:39 AM

You spent 16K on Numerous new exterior body components including front and rear windshields, front and rear chrome bumpers, front bumper valance, body molding/trim and chrome moldings.All body/window/door/sunroof seals replaced. Did you body shop give you a bottle of KY jelly when they started?? Because either you're lying, or they REALLY ripped you off.

and 19K on Engine/Mechanical restoration includes among numerous items a complete engine built to 735i specifications. Car is fast and tight. Major mechanical parts include a new transmission, rear differential, new springs/shocks, complete BMW exhaust and new brake system and many other new parts. Something sounds VERY fishy, those parts even with a factory new motor wouldn't cost that much.

5K on that weak sound system....you could build that and have it installed for about a thousand dollars.

Given this is a nice car, and in great shape....even with reciepts it's hard to justify 45K in this car.

mmmbeefy42

02-23-2004, 08:49 PM

I don't know how much you're asking for the car, or what it's worth. I'm not even an interested buyer. But Jesus, that car is beautiful. Amazing restoration job you pulled there.

Bump for an absolutely stunning car.

E24_635csi

02-23-2004, 10:45 PM

WOW! thats something you dont see every day. good luck on finding a buyer. BUMP!

hoover

02-24-2004, 11:40 PM

Thanks for all the comments. The car is stunning in the sapphire blu. It is a very rare color.

brahtw8

03-12-2004, 08:45 PM

I mean no disrespect, but I think you need an asking price in the teens to get some interest in this car. Maybe you have had some offers, but my perception is that the car has been sitting quietly.

I know it may be the finest 7 around, but that apparently is not worth $23k. Again, I have no intentions of buying it, so I am not trying to get you to lower the price for my personal benefit.

hoover

03-13-2004, 10:12 PM

Thanks for your comments. Cars in this condition are very unique and difficult to price. The 733 was in excellent condition when I started the restoration process in year 2000. My goal was to make it perfect which it is. Time and money were no object. I do not have to sell this car but I am getting the itch for other cars.

The sapphire blau paint (original color) is very unique and stunning. The car looks and drives like the day it came off the showroom floor. If another BMW fanatic comes along that appreciates what I have done that would be great. I would not be disappointed if the car does not sell and would keep it for another 20 years rather than give it away. There are no disappointments with this car.

brahtw8

03-13-2004, 10:16 PM

It sounds like you have the right attitude. If you wait long enough, you may well find the right person who is looking for a new E23. I have always had a soft spot for the older cars, but probably will end up with an E28 or possibly an E24/E30 M car.

As you may be aware, BMW South Africa made a 745i with the M5/M6 S38 engine. That would be an amazing find. I suppose one could always create one . . .

hoover

03-14-2004, 05:19 PM

What year(s) was the South African 745i made?

brahtw8

03-14-2004, 11:53 PM

Originally posted by hoover
What year(s) was the South African 745i made?

1985 for sure. Perhaps only that year. I don't know for sure. I found this site with some information:

http://www.geocities.com/paulwf/My_BMW_M745i.html

hoover

03-19-2004, 06:01 PM

Thanks for the link to South African 745i. That car is sweet and must be really fast with the M engine!!!!

warpalien

03-22-2004, 06:49 PM

If you get in an accident all insurance policies will pay the book value of the car plus any additional receipts you can show for improvemnts. Since I have $45,000 in documented receipts in the last 3 years full payment from insurance is not an issue.

Since when? receipt it all you want, book value is what they base it off of last time i checked. 81 isnt old enough to be a classic, so your logic doesn't apply. And even if it was under classic, you have to have an appraisal record along with your receipts. THEN they'll make you an OFFER. Good luck getting full money back.

hoover

03-23-2004, 08:03 PM

brahtw8

03-23-2004, 08:05 PM

All receipts on the $45,000 invested in the car in the last 3 years are thoroughly and meticulously documented. Granted the insurance company will not give 100% of that value but a minimum of $25,000 is reasonable.

You can insure the car for just about anything you would like. You can have it appraised and get a policy with "agreed value". Not standard, but certainly possible.

hoover

03-26-2004, 07:27 PM

There is no problem getting this car insured for a minimum of $25,000.

Xride

06-12-2004, 03:31 AM

All receipts on the $45,000 invested in the car in the last 3 years are thoroughly and meticulously documented. Granted the insurance company will not give 100% of that value but a minimum of $25,000 is reasonable.

maintience and wear items that are replaced do not up the value of the car to insurance, esspecially when its with stock parts.

Not to mention you said you more or less had the body replaced... so its not even original anymore.

all you have is a clean 23 year old car with 117k miles on it. but its not even original, so its lost any collecability it would have had.

sefb222

06-21-2004, 11:03 PM

wow.. nice job...

i'd just keep it if i were you.
in the past, i've taken serious blood baths on classic cars, most terrible being a 1965 ford falcon in which i'd invested over 40K, and sold it for 7200 dollars.
i also lost a great deal on a 1963 VW notchback which i restored, and a pristine 1998 M3 coupe, which had to be the cleanest example in the mid-atlantic region.

keep it and pass it on to a kid when he/she is old enough to appreciate it. otherwise, offer it to BMWNA as a museum piece.

good luck!

hoover

06-25-2004, 07:24 AM

I have too many cars so some have to go. I am dying to get my 2001 750il with 4000 miles out of storage and drive it.

Cereal Killa

09-19-2004, 04:11 PM

I've seen this car twice, and this is the best example of a BMW around NJ.

hoover

09-24-2004, 10:22 AM

Thanks for the compliment. This is the finest 733i in the country.

S14

09-27-2004, 03:57 AM

A professionally installed, Custom $5000 Sound System is included. All components masterfully hidden and incorporated into the vehicle.

I'm sorry buy you got ass raped twice if you spent 5k on this type of sound system install
http://members.roadfly.com/hoover11/BWIStereo9.jpg

also how did you get a 6 speed in there? the only tranny that might possibly work is out of a car much different than a 733, and that would be against the rules for a OEM resto, please explain

S14

09-27-2004, 03:59 AM

just one more thing, the first thing that they teach in car audio world is to never mount an amplifier to the box unless absolutely nexessary since the vibrations crom the subwoofer can easil damage the amplifiers internals.

1slowM3

09-27-2004, 11:27 AM

Wow, my garage neighbor has this exact same car it's in about 50% worse condition than yours though, nice job restoring it.

fstopp

12-09-2004, 10:31 PM

I would have to agree about the stereo system. Does not look like it was worth 5k (no offence). Other than that it looks great. I always like to see restored BMW's in pristine condition. If you want to get the money that kind of car deserves you need to market to collectors who will preserve it and treat right. Maybe you should try something like the Barrett Jackson auto auction. I have no idea how you would get it entered but I know it is coming up soon and would draw the kind of attention you would want for both of those cars.

http://www.barrett-jackson.com/

El Magnificante

12-22-2004, 11:23 PM

Since this is already at the top ...

Mods, when will this be considered SPAM ????

hoover has made no attempt to answer the recent questions and posts here solely to SELL not to CONTRIBUTE.

Lame

:ban:

EdgePerformance

02-22-2005, 09:02 PM

Thanks for the link to South African 745i. That car is sweet and must be really fast with the M engine!!!!

It is silly fast, but still not as much fun as a 745i with the old M106 engine aska turbocharged engine witha K27 turbo. Thinking to myself now why am I selling my 635csi 5-speed again! :) Guess I could always turbo my car since I know where to get custom manilfods and all for cheap now...

HMMM... NICE 733 by the way hoover, but having owned one I will never again. This will also be my last E24 as well most likely. just not feeling the old shark look I like the 8 series, and kind of miss my e32, and definately the old e30 cars I had.

Jared

builder

04-20-2005, 10:03 PM

hmmm....

vtecpower

04-20-2005, 11:41 PM

What year(s) was the South African 745i made?I had a 1983 745i for a little while. It was a gray market car of course, and the turbos give problems if not properly maintained. Supposedly 1985 was the best year for the 745. Here's are a couple of pictures of mine just for kicks.

http://www.getalot681.com/8k/Cars/7451.jpg

http://www.getalot681.com/8k/Cars/7452.jpg

edit to add: damn that was one good looking car. lol

Black528i

04-21-2005, 06:23 PM

Would you knock 5 grand off the selling price if I asked that you removed the WalMart stereo system and install? I may be interested then.

hoover

04-23-2005, 08:53 PM

The car has a pair of Class "A" SoundStream amps, a balanced line transmitter, balanced connections, an Alpine head unit, a top of the line two piece equalizer, Polk Mobile Monitor two piece speakers with cross overs, a 10" ported sub, dynomat sound deadening, custom wiring and two fuse blocks.

kfogg

05-22-2005, 07:42 PM

What insurance policy do you have because I will definetly switch. Most insurance policies MAY cover additional parts up to some limit, usually about 3,000. There is no insurance company in the world that would cover that much additional parts unless you speciically paid extra for the insurance or have an agreed price policy. If you don't then you are playing wiuth fire.

Keith

If you get in an accident all insurance policies will pay the book value of the car plus any additional receipts you can show for improvemnts. Since I have $45,000 in documented receipts in the last 3 years full payment from insurance is not an issue.

hoover

05-23-2005, 09:03 PM

kfogg

05-24-2005, 08:58 AM

Not to clog up your thread because someone buying your car is not going to be driving it as a daily driver but you are wrong. My friend is currently an insurance adjuster for Progressive and has been an insurance adjuster for 2 or 3 other companies over his career. Unless you take out additional insurance or have an agreed upon policy they WILL NEVER IN A MILLION YEARS pay out 45,000 plus the book value of the car. If you think this you are living in a wonderful dream world and puting yourself at risk for a serious loss. Half the times you are lucky to even get the true book value of a car in a total loss.

But anyway your car looks beautiful and good luck with the sale.

Keith

cabriolet

05-25-2005, 10:51 PM

I have seen this car in Roundel and checked out your auction postings.

I am not in the market for a 733i, and not a professional automotive appraiser, but I have a decent amount of experience and knowledge of used BMW prices.

I don't mean to flame, but I think you are asking too much. I know you spent a lot of money making it one of the finest, if not the finest, E23 around, but I don't think the market supports more than $15-18k for that car, when you can buy a beautiful, low mileage equivalent, albeit not as nice as yours, for $8-10k.

I don't mean to discourage any potential purchasers, and if you think my post is inappropriate I am happy to delete it, just PM me.
Man I swear to god , I hate coming on this forum because of people like you and all the other clowns on this thread that have done nothing but bash this guys car .
I mean come on the guy post his ad , then the first post is your negative response and what you think this car should be worth .
Man you dont even own a BMW , you drive two JAP cars that you took a picture of in a parking lot ( I bet its not even yours) and who give a rats as s if it is yours , its still garbage .
Then your on a BMW forum talking smack .
WHO THE HELL ARE YOU to bash this guys car and what he is asking to sell it.

You drive RICE .

How old are you son , didnt your mom teach you to keep your mouth shut when you have nothing good to say .
If he did spend 45k to restore this car , why must you question him .
Hell your not buying it , you probably dont even have a job or the money to buy this or any other car .
Some of you guys make me sick when I see your remarks , its like you have no clue about sh it that has to do with BMWs.
I love this car , you have done an excellent job on this project , best of luck and I hope you find a buyer that can appreciate one of the best 7 series cars ever made .
Bump for a nice car .
Oh ya all you dum sh its who bashed this guys car :flipa

bellavus

05-26-2005, 12:39 AM

the car looks stunning, but I do know that the price is a little steep if you really want to sell the car. Good luck with your sale.

Wiseguy ON

06-13-2005, 07:21 PM

Hoover,

You can put the car on an agreed value policy. I'd talk to an agency like JC Taylor or Condon and Skelley about this.

Otherwise, you are seriously exposed. Yes, the car is perfect, probably the best 1st Gen 7 out there but we spoke on the phone about this and we both know our positions. It's a LOT of money, but a LOT of car.

pbonsalb

06-27-2005, 09:34 AM

I like the old 7 series, particularly the 745. The car is very nice and hopefully will find a good home.

You would be doing a lot of arguing with the insurance company, and you would almost certainly lose. You are paying the premium to insure a car with a book value of about $1,000. Don't expect to get $45,000 in return for the premium on $1,000 worth of insurance.

The good news is that in another year or two, the car will be an antique and you will be able to buy cheap insurance at a high value if you drive the car less than 2500 miles per year and have an appraisal at $45,000 -- which is much different from spending $45,000 on a car and then thinking it is worth that. Some are, some aren't. Most aren't. Absent an agreed value policy, it is worth what you can sell it for or book value. What you can sell it for remains to be determined, but I am pretty sure it will be much less than $45,000.

Philip Bradley

hydrocarbon

06-30-2005, 06:17 PM

Man I swear to god , I hate coming on this forum because of people like you and all the other clowns on this thread that have done nothing but bash this guys car .
I mean come on the guy post his ad , then the first post is your negative response and what you think this car should be worth .
Man you dont even own a BMW , you drive two JAP cars that you took a picture of in a parking lot ( I bet its not even yours) and who give a rats as s if it is yours , its still garbage .
Then your on a BMW forum talking smack .
WHO THE HELL ARE YOU to bash this guys car and what he is asking to sell it.

You drive RICE .

How old are you son , didnt your mom teach you to keep your mouth shut when you have nothing good to say .
If he did spend 45k to restore this car , why must you question him .
Hell your not buying it , you probably dont even have a job or the money to buy this or any other car .
Some of you guys make me sick when I see your remarks , its like you have no clue about sh it that has to do with BMWs.
I love this car , you have done an excellent job on this project , best of luck and I hope you find a buyer that can appreciate one of the best 7 series cars ever made .
Bump for a nice car .
Oh ya all you dum sh its who bashed this guys car :flipa

So don't come on the forum if you hate it. I enjoy this forum in large part because of guys like brahtw8 who call BS when they see it. How does his choice of vehicle invalidate his statement? It would be factually correct whether he owned a riced-out Hyundai or a garage full of the best European machines.

The irony of bitching about a "negative response" must be totally lost on you. If you want to call an NSX "rice", fine. But you're nuts if you think that people should believe that this car has 45k of work on it without questioning it, particularly in light of the claims about the value of the stereo.

Reasonable questions about this guy's claims do not constitute "bashing".