1989 750iL w 56k. How much am I worth??

[Errnn]

Friend of mine pulled this one out of storage. Interior is about a 8/10 and exterior is a 9/10. Car runs pretty nice. The torque!!
We were wondering how much we could sell it for.
I've seen a few of them for sale but most have a lot of miles or in really bad shape. I was thinking about 5-6k?? Eh?

[Boss Edd]

In new York I can get them 2-3k. Duno if that helps

[Mello740]

Mileage is real low but I don't think you will get 5-6k for it. You can get an e38 for that price.

Sent from my iPhone using BF.com

[E32FAN]

Beauty is in the eye of the beholder.

There are not many beholders around, for this vintage of car. The fear (a realistic one) is of the future cost of ownership. There are very few technicians who know and love this design.

[samsonevickis]

Friend of mine pulled this one out of storage. Interior is about a 8/10 and exterior is a 9/10. Car runs pretty nice. The torque!!
We were wondering how much we could sell it for.
I've seen a few of them for sale but most have a lot of miles or in really bad shape. I was thinking about 5-6k?? Eh?

Not to burst your friend or yours bubble, but I am one of the newer E32 owners here and I paid $2,900 for a black on black with 200K on it, but plenty of recent work. I am a full time BMW mechanic and these things can still be a pain.

With that mileage I would have concerns about a lot of things. I would never have paid more than $3K for the car in any condition.

$4500 is the most I'd pay for a well used car, the big concern is seals drying out and various rubber and simple age issues, things wear well if they are used. Less so if just sitting.

What color is the car? Pics?

[corbinstein0]

+1 on what you just said..... I've replaced more rubber seals, gaskets, et c. than mechanical parts....

[Adrianl]

No personal experience with the e32, but I don't find the M70 to be quite that bad. The milage is low, and $5000, I've seen e32's fetch that up here in esatern canada with more miles than that. Mind you, again different market etc etc etc. Long short, I'd ask $5000, and see what you get in the way of responses, if you get nothing, you can always lower the price. This 7 series may not be the most popular, but the engine has a cult following the the e31 crowd.

[Errnn]

Wow guys, thanks for the input. I come from a less friendly, but popular forum.

Been under a cover for 5 years!

Unfortunately, the owner feels that even 5k is too little. We're going to eBay the car and hopefully get a few more bucks.

[samsonevickis]

I sincerely hope for the best in your eBay endeavor, but in my experience I have not seen people get "a few more bucks" on eBay.

Good Luck and come back and post a link when you do list it.

[Errnn]

Thanks Guys!

[shogun]

low mileage is very good, but if the car was a long time in storage, then you can expect a lot of 'long time storage probs', I know from own experience, we have in our DIY working group in our 2 warehouses >25 750iL and E32 Alpina B12 5.0 long time stored.
Some pics here
http://www.bimmerboard.com/forums/posts/460002/
some examples what goes wrong with long time stored cars:
both fuel pumps most probably dead - $500, fuel tank corroded, fuel sender unit corroded, seals of engine, trans dried up and will leak, compressor of AC system sealing dried up - new compressor or new re-sealing necessary, new AC filling, leather dried up, lots of corroded contacts in connections, fuses, modules when storage place is not dry and storage hall is not controlled for humudity and temperatures, tires will peel off in first drive, long time standing damage of wheel bearings, brake disks and pads can be corroded together, brake calipers to be overhauled. and so on.
I can tell you from own experience, a car which is not regularly used, at least every few weeks, aircon is used, needs a lot of maintenance before it can go on the street again.

The tank of my Highline was corroded, I treaded it with electrolysis with good results.
http://forums.bimmerforums.com/forum...t=electrolysis
Small amounts of water, air, and polar compounds in a fuel product can cause serious internal corrosion

[theviper]

Not to burst your friend or yours bubble, but I am one of the newer E32 owners here and I paid $2,900 for a black on black with 200K on it, but plenty of recent work. I am a full time BMW mechanic and these things can still be a pain.

With that mileage I would have concerns about a lot of things. I would never have paid more than $3K for the car in any condition.

$4500 is the most I'd pay for a well used car, the big concern is seals drying out and various rubber and simple age issues, things wear well if they are used. Less so if just sitting.

What color is the car? Pics?

I only gave $1800.00 bucks for mine it also has low miles, and runs great now wait until it breaks...

[Gator325525]

I paid $2,000 for a '97 750il. I wouldn't go higher than $1,200 or $1,300 for an '89 regardless of how many miles were on it. Old parts are old parts and as others have pointed out old unused parts are even worse than old broken in parts.

[corbinstein0]

Agree with Gator.....
My 750iL was purchased for 1600 in pretty good shape for it's age and 2 months later started breaking down everywhere.....

My advice, Change every rubber piece in the thing, keep it, or understand they don't bring much.

[Swivel]

Unfortunately, the owner feels that even 5k is too little. We're going to eBay the car and hopefully get a few more bucks.

It's understandable, my Grandma remembers when Grandpa dropped $90,000+ on the 750 in 1989. She asked me if I was going to sell it since I have "So many cars". (3 runners and 1 project hardly seems like that many).

I told her. "Well, I put $3500 in parts into it to get it back on the road. It's worth about $3-4k now. It's only value is sentimental and to enjoy as a nice car."

It's still a hell of a lot of car for the money. As with most near-classics though, it doesn't make economic sense unless you can do the work yourself.

[Playdrv4me]

You could get 5-6k, but the car would have to look a *hell* of a lot better than "just pulled out from under a tarp". I hold old, one owner, ZERO RUST (one guy said New York and that's an automatic ding right from the start) low mileage cars in pretty high esteem when I can find them in absolute time capsule condition with consistent maintenance and regular use.

I'm kicking myself because 3 or 4 (maybe 5) years ago there was an absolutely pristine '95 E34 525 being sold by a dealer down in Texas. Perfect color (white), perfect interior etc. They wanted 8000.00 for this car and I regret not having bought it at the time, as I consider the E34 to be the quintessential BMW, even after having owned E38s, E46s, X5s, and on and on. All those cars are easy to get, but as you get older in years the truly pristine copies of these classic designs are harder to come by. So yes, you'd have to wait a long time for one of the "me" types to come along, but we are out there.

There's a guy out in Montana "One Owner Car Guy" who specializes in these old one-offs, so there is a market.

Unfortunately, the only criteria this car seems to meet is low mileage, and that just doesn't make it stand out.

[CORVAIRWILD]

Speaking of One Owner Car Guy, I just sent a deposit for a '89 750il, and the owner history shows, guess who? Yup, and a video search on Ytube brings up this very car, 5 years and 32k miles ago. A Google image search shows the same car again! He knows how to get publicity! So I'm heading out there in a few weeks, I'll have a trailer hitch installed and I'll pick up a '63 Corvair in El Paso Texas and head east! Wish me luck...Screenshot_2017-03-15-17-54-38-640x360.pngScreenshot_2017-03-15-17-55-48-360x640.png

[vwleadfoot]

[QUOTE=samsonevickis;23838704
$4500 is the most I'd pay for a well used car, the big concern is seals drying out and various rubber and simple age issues, things wear well if they are used. Less so if just sitting.

[/QUOTE]

This^^^====truth. these cars do not come out of storage well. There are many rubber Hydro lines that dry rot and crack with age. Put a few miles on them and they start leaking and become soaked thus rendering them useless in an emergency maneuver situation.

It has long been my opinion however that a car that still has nice leather and paint is worthy of a mechanical redo. Someone out there might pay a healthy amount more for a car they do not have to cosmetically redo. It all depends on the buyers want to have one of these, and as we all know, we are not your average BMW guys. We're a little more apt to sign up for punishment.

Make sure you treat the leather to bring it back around before you start sitting in the seats, otherwise they will start cracking on you in short order if it is dried out.

Good luck.

[S1L1SC]

Old thread, but values on these have been going up... Especially with low miles... So this would easily be in the $4-7k range now, if not higher...

[MMMEAT]

Old thread, but values on these have been going up... Especially with low miles... So this would easily be in the $4-7k range now, if not higher...

It's interesting here..the most "action" re posts seems to be regarding 750s..and yeah, I'd say they have definitely bottomed out, value wise. I know too the 740s I've been scouting for the last two years have REALLY disappeared and are now really hard to find if not in the 130k mile/up category. The Ebay ads and Craigslist ads too have pretty much dried up. I just got lucky but was just about ready to pull the trigger on a different 740i, a '94, that was relatively low mileage (105k) at 7K. The dealer said it sold at their list price.. Then I found this relatively low mileage car that needs a lot of freshening up for 2k plus shipping and felt lucky.

Again, though..I think there is a real "following" of 750s with guys that are mechanically adept and not fearful of the V12s. Those cars were the flagship, after all.. They might just be the "collectible" E32s in 20 years or so. But I think too that they are so plentiful and the experienced and confident owners for them are fewer, so there are still plenty around. Those V12s often got garaged and sat without accumulating miles often too..(as said in the thread, though, not necessarily a great thing)

[///M Blitz]

But I think too that they are so plentiful and the experienced and confident owners for them are fewer, so there are still plenty around. Those V12s often got garaged and sat without accumulating miles often too..(as said in the thread, though, not necessarily a great thing)

I agree with much of what you said, except the above. BMW North America was looking for an e32 750iL to show along with the new 760Li when it debuted earlier this year and couldn't find one. They advertized in conjunction with BMW CCA and nothing. Also, in 2016 during the 100-year BMW celebration in Monterey, California they had one of each car for the parade, except one...guess which one (hint, e32 750iL).

BMW didn't build that many 750iLs to start with. In addition, they were extremely expensive to maintain when new, more so when used and sadly most have been crushed. As an original owner, I've been close to the action and would be shocked if there are more than 1,000 e32 750iLs still in good running condition "Worldwide." Of course, I could be wrong.

[E32FAN]

How many are under shogun's wing?

[shogun]

For example in Germany as of Jan 2017 only 670 E32 750i/iL were registered/with licence plate according to the statistics of the KBA. Kraftfahrt-Bundesamt (KBA), no details about i <> iL. But in Germany anyway more I than iL have been sold.

Getting down every year, 2016 there were more than 680 still registered.
In our wrenching group we have about 10 750i/iL incl. some Alpina B12, but besides these I have not seen one here in Japan on the road for a long time.

[XAlt]

The total number of E32s is around 350,000. Around 50,000 V12s were made according to the masscom numbers.

The vast majority of V12s are in major US cities and especially California. The reason that it probably didn't get featured in the event is because 99% of the cars left are workhorses and not show cars.

Honestly worldwide we're probably at 5-10,000 or so cars, part out culture has thinned the herd quite a bit. There's a bronze 1990 with 17,000 miles in LA, probably one of the last low mileage E32s out there.

http://bmwe32.masscom.net/johan/info...roduction.html

[e30luv318i]

It's funny that the e32 got a role reversal. A well sorted e32 is worth more than an e38 now !