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View Full Version : What's a near mint one owner 25k miles 86 M6 worth?



RVAE34
06-30-2014, 12:22 PM
I know a guy who might want me to help him sell it. It's in amazing shape. One owner and always garaged. My best guess would be $35-40k but I really don't follow these cars.

https://farm4.staticflickr.com/3925/14528241735_6719da6da7_c.jpg

https://farm6.staticflickr.com/5557/14341660029_9601fc18bf_c.jpg

https://farm4.staticflickr.com/3846/14527243732_a3eaa10588_c.jpg

Bert Poliakoff
06-30-2014, 01:05 PM
I won't state a price as there are people here who know more about theM cars than I do. However, I will say that if your pictures are accurate, the car needs paint as shown in the last picture that shows the right side of the car. My thoughts, if accurate, make me wonder why a 25K mile car would need a paint job. My gut is telling me you are way off on your pricing thoughts. If that is only reflection in the picture, That's another story.

gaspump
06-30-2014, 01:10 PM
The last picture looks like a reflection of something on the wall in the background. The interior looks great. Like they say, it's worth what someone will pay.

RVAE34
06-30-2014, 01:17 PM
Paint was in excellent shape. Could just use a wax. I could be very wrong on pricing. My inital reaction was $25k but then I started looking at completed listings and think it could be significantly higher.

Edit: I was informed it's an 87 not an 86.

captpkelly
06-30-2014, 01:38 PM
Are we sure this is actually an 88? I have an 88 M6, and there are clear differences between this car and mine that even my non-expert eye sees. This has the older US bumpers for one, not the world bumpers that I thought were on all 88's and it has no airbag either. I've never seen one without an airbag unless it had been removed by a PO. Would someone really remove the airbag (and under hood sensors w/ brackets too) from a car in the first 25k???

Having pointed out those I'm sure others who know far more than I will either confirm the inconsistencies of the car or my lack of knowledge/ surplus of idiocy ;-)

Pat

RVAE34
06-30-2014, 01:41 PM
The car has never been modified. I swear he told me it was an 86 but someone else in the know said there weren't US M6's in 86 so it must be an 87. The owner has the most amazing car collection I have ever seen and he has never sold one of his cars before.

Found a reasonable comparison.

http://www.splendidauto.com/viewcar.aspx?carID=402

tschultz
06-30-2014, 02:38 PM
It's an '87. Looks really nice. I think estimates of $30k are right in line with the car, maybe even low. Nice color combo, nice car. '87's aren't as desirable, but I figure somebody really looking probably won't care if it's as nice as this one...

I see the leather dash, has typical warpage, but you know it's been kept inside and hasn't ever been replaced... Only thing I spot unusual looks to be the red/orange wiring coming up from the firewall and along the fender. Ziptied in place too...

RVAE34
06-30-2014, 02:45 PM
Good eye. Not sure what that is. The car doesn't have any audio upgrades etc. Perhaps an aftermarket alarm system?

FernandoBunster
06-30-2014, 03:12 PM
Dash warpage is definitely a no-no when it comes to price. Paint looks nice and the white on the quarter panel is a reflection of the overhead light (that why professional photographers exist). TRX wheels and tires a real negative in my book but some like the originality. I would replace the dash if you want to get the high numbers.

EuroGeorge
06-30-2014, 03:31 PM
Between $24,669.50 and $28,349.50. 25K miles actually concerns me for a 27 year old car. Dry seals can lead to leaks. IF you can verify no external oil leaks from engine, gearbox and diff (not to mention valve stem seals) I could see a number around $30K. Just my opinion.

Ed Lyerly
06-30-2014, 07:19 PM
The condition and low mileage are a big plus .... but the condition is because of the low mileage (which in itself is a problem to anyone wanting to use the car). My guess $25K. Those "diving board" bumpers really hurt the look :( An '88 or '89 with world bumpers (same mileage and condition) would be worth $10K more. An '84 thru '86 Euro M635 (same mileage and condition) = $50K IMHO.

Greg330Ci
06-30-2014, 07:52 PM
Easily $30k. It is rare to find these cars with <100k miles let alone 25k. The EAG guy would list it at $50k or more...

apbails
06-30-2014, 08:11 PM
I agree with Ed, especially on "anyone wanting to use the car". An acquisition of such a lo mi car comes with an expectation of responsibility, maintaining the low mileage.. We all know that the lo mi cars command the dollars. I was told today the '87 J-spec car was no longer a lo mi car w/54K. Really? Euro cars rule. Screw it, drive them

xing6666
06-30-2014, 08:17 PM
I would put this car at high 20's to about 30 (the latter to the "right" buyer). 25k miles is collector-car mileage, so I don't really see the lack of "drivability" as a detraction from the value - anyone buying this car is not buying it to put the miles on. I kinda agree with Ed about the specifics of the '87 model year, but that being said, 25k original mile car is a 25k original mile car. I'd say a $30k asking would not be out of line - I think $35k would be too high. What you'll get in reality, only the market will tell.

apbails
06-30-2014, 08:53 PM
Hold out for35K

DaHose
07-01-2014, 01:08 PM
That old girl looks pristine. If the leather dash is in good condition, I would recommend taking it to auction.

An 88 recently sold at Amelia Island for $57k in similar condition and mileage.

http://www.goodingco.com/vehicle/1988-bmw-m6/#tab1

Seems like many of you have issues with the bumpers and it throws off your valuations. I like the look of the bigger bumper on my 87, but let's remove "like" from the discussion. A total of 1767 M6's with North American spec. were built. Of those, 1034 were built after 6/1987. That means that only 733 were built with the full, Highline leather dash interior and they were ALL 1987's. So the leather dash, non-airbag steering wheel 1987 M6 is actually more rare and I expect will be just as (if not more) desirable as an 88 to a collector.

If your buddy is willing to hold out and go to auction, I think the right buyer could come along at that same $50k+ sale price.

Jose

rmorin1249
07-01-2014, 01:12 PM
I agree with the auction option. Spend a few hundred $$ paying a professional to prepare it. Set a reserve that you are happy with and go for it. If it doesn't sell at auction, you can always try to market it online.

master6
07-03-2014, 01:57 AM
Jose is right on the 87's are not that bad.

One problem I saw is that even with the low miles, it has not been garaged the whole time.
Take a look at the heater blower cover in the engine compartment, where the sun has damaged the black paint.
My 87 has more miles at 67,500 and has been garaged always since I bought it in 1994, and not much sun damage.

I would put the car at $40,000. if properly detailed.

Best,




That old girl looks pristine. If the leather dash is in good condition, I would recommend taking it to auction.

An 88 recently sold at Amelia Island for $57k in similar condition and mileage.

http://www.goodingco.com/vehicle/1988-bmw-m6/#tab1

Seems like many of you have issues with the bumpers and it throws off your valuations. I like the look of the bigger bumper on my 87, but let's remove "like" from the discussion. A total of 1767 M6's with North American spec. were built. Of those, 1034 were built after 6/1987. That means that only 733 were built with the full, Highline leather dash interior and they were ALL 1987's. So the leather dash, non-airbag steering wheel 1987 M6 is actually more rare and I expect will be just as (if not more) desirable as an 88 to a collector.

If your buddy is willing to hold out and go to auction, I think the right buyer could come along at that same $50k+ sale price.

Jose

alpinacsi
07-03-2014, 10:06 AM
Not sure what you guys are seeing? Bert mentions bad paint but I see a wheel reflection on the door and as far as the fan cover in the engine bay: I see flash reflections. The piece is not flat and the end sections are turned down at a different angle. Dash: well that can be a different story but it does not look split but does show some minor warping at the upper vents. With the proper exposure and prep: this car will do very well and is one that will surprise many. Proper photos can also set the car apart and if it is listed for sale: make sure plenty of quality pictures are used. Might be worth the investment to have pictures done by a professional automotive photographer.

dmac156
07-03-2014, 11:02 AM
This car may be a good benchmark. It's been for sale for a little while. Keep in mind that it's a listing price, not an actual sale price, so there is only a limited amount of info that we can infer from it. The market is probably not huge for a car like this, so even though it hasn't sold yet, I don't think that means it's overpriced. I may be that the right buyer has not come along yet. But it probably does indicate that it's not a steal at $27K. If it was way under the money then someone would buy it and flip it.

http://seattle.craigslist.org/see/cto/4534161700.html

xing6666
07-08-2014, 04:33 PM
This car may be a good benchmark. It's been for sale for a little while. Keep in mind that it's a listing price, not an actual sale price, so there is only a limited amount of info that we can infer from it. The market is probably not huge for a car like this, so even though it hasn't sold yet, I don't think that means it's overpriced. I may be that the right buyer has not come along yet. But it probably does indicate that it's not a steal at $27K. If it was way under the money then someone would buy it and flip it. http://seattle.craigslist.org/see/cto/4534161700.html 0-60 14.6 seconds?! What that, the diesel version??? LoL

I also love how a Dinan chip is worth 50hp - thaaaat's a bit optimistic.

GarmaZabi
07-08-2014, 07:29 PM
My father paid 18.5k 2 years ago for his 88 M6 one owner car with 32k miles and it is flawless and 88s are generally worth a bit more. realistically I think your friend could get 20-25k for it.

xing6666
07-08-2014, 07:47 PM
My father paid 18.5k 2 years ago for his 88 M6 one owner car with 32k miles and it is flawless and 88s are generally worth a bit more. realistically I think your friend could get 20-25k for it.

Then your father got the deal of the century. That is way WAY below value. Good for him. I strongly disagree with a valuation of any lower than $25k though.

e30luv318i
07-08-2014, 07:58 PM
Royal on lotus is a not so common color combo too, I know I had to look for a bit to find mine

master6
07-09-2014, 02:25 AM
Then your father got the deal of the century. That is way WAY below value. Good for him. I strongly disagree with a valuation of any lower than $25k though.

Like Kai said,

Deal of the century, was this theft reported to the police?

Best,