Official-look-what-i-found-thread (craigslist, other-forums, etc)

[B C]

6 hours to go and still at $12k

https://bringatrailer.com/listing/1989-bmw-325is-22/

[suspenceful]

wally509 said:

Pretty much all auto auctions are like that (Mecum, Gooding, Bonhams, etc), the buyer pays the fee/commission, typically called "the premium".  Some charge both buyer and seller from what I have heard.  People mostly prefer BaT over the big auction houses since the premium is capped on larger ticket cars, although not a lot of those get sold there.

Yup, buyers always pay the fees for auto auction sales. BaT is a little different because it's an auction site, but there is a private seller. BaT isn't the seller.

I wouldn't let it deter you from the sale if you're seriously interested.

[stealthbimmer]

Hm. A convertible pick up. 

https://chicago.craigslist.org/wcl/cto/d/1986-chevy-pickup-truck/6462190568.html

[m42b32]

Snap said:

6 hours to go and still at $12k

https://bringatrailer.com/listing/1989-bmw-325is-22/

Just noticed this in the ad:

"Though it has a clean Oregon title, the car was red flagged by the California Air Resources Board due to an earlier engine conversion shortly before its purchase by the seller, who emphasizes that it will never be legal for California registration as a result."

Eliminates all the competition in Cali which could certainly help the price

[Jdesign]

m42b32 said:

Just noticed this in the ad:

"Though it has a clean Oregon title, the car was red flagged by the California Air Resources Board due to an earlier engine conversion shortly before its purchase by the seller, who emphasizes that it will never be legal for California registration as a result."

Eliminates all the competition in Cali which could certainly help the price

Good eye!

[Rekpoint]

i_love_cars said:

damn you and your crashing of my hopes and dreams into the ocean of reality.
 
I may pull the trigger even at a few thousand more. I was already planning about $12k for rod bearings, supercharger, and an xpipe for the M3 so if I don't do that and instead got this car, I could probably justify a little extra cash because....i mean....it's a full car and my wife loves E30s as much as I do which helps. 

You will never win if you don't play! If you don't even attempt I'll be extremely dissapointed... [emoji14] Make a bid and see where it goes!

Sent from my SM-G955U using Tapatalk

[i_love_cars]

yeah i'm watching it attentively right now.  I guess yeah if other auto services do that too then fine but it still literally is against how every other sales mechanism works i.e. the seller pays fees in basically every other walk of life. It would make more sense for super rare cars that you can't just find anywhere - basically paying for the opportunity to own such things. But BaT is rapidly turning into something bigger than that. 

and yes the main reason I am even considering this is because Cali restrictions eliminate buyers so I have faith that the bids won't go crazy. 

As much as I think it would be fun to supercharge the M3, I think it would be more fun to have a street-friendly S50 e30 that isn't beat to shit. So i'm definitely seriously considering it still

[KaiserRolls]

i_love_cars said:

yeah i'm watching it attentively right now.  I guess yeah if other auto services do that too then fine but it still literally is against how every other sales mechanism works i.e. the seller pays fees in basically every other walk of life. It would make more sense for super rare cars that you can't just find anywhere - basically paying for the opportunity to own such things. But BaT is rapidly turning into something bigger than that. 
and yes the main reason I am even considering this is because Cali restrictions eliminate buyers so I have faith that the bids won't go crazy. 
As much as I think it would be fun to supercharge the M3, I think it would be more fun to have a street-friendly S50 e30 that isn't beat to shit. So i'm definitely seriously considering it still 

You should keep seriously considering this

[YoungCR]

^I second this motion

[stealthbimmer]

Here she goes.

[i_love_cars]

just hit 15k

[B C]

Comment by the high bidder on the E9 auction ending soon, in the midst of a bidding war 

"I’ll dip in to the kids college fund if I have to."

[stealthbimmer]

So Ive never watched one of these BAT auctions... Im watching the 3.0CSi right now. It actually adds time when there is a bid. Kinda odd.

[suspenceful]

stealthbimmer said:

So Ive never watched one of these BAT auctions... Im watching the 3.0CSi right now. It actually adds time when there is a bid. Kinda odd.

Told you. Some type of bonus round crap. Takes forever for an auction to actually end and determine a winner.

[i_love_cars]

yeah that's their anti-sniping tactic.

[stealthbimmer]

suspenceful said:

Told you. Some type of bonus round crap. Takes forever for an auction to actually end and determine a winner.

Prevents the snipers I guess. More like an actually auto auction, compared to ebay where someone can swipe in and bid without giving everyone a chance to bid more.

[suspenceful]

So for the non-E30 inclined folks (me), what's this thing actually worth? Went from $12k to $17k pretty quick.

[B C]

Nothing worse than hitting F5 at the last second only to find out you've been outbid by Jabar8472

[stealthbimmer]

suspenceful said:

So for that non-E30 inclined folks, what's this thing actually worth? Went from $12k to almost $17k pretty quick.

As with everything....whatever someone will pay for it. You could build the car for cheaper than its currently at, but finding a clean shell is the hard part. Way overpriced IMO.

and just went to 21k

[B C]

suspenceful said:

So for that non-E30 inclined folks, what's this thing actually worth? Went from $12k to almost $17k pretty quick.

 $15,000 would be a fair deal for the buyer. anything less than 12,000 would be a steal.

north of $19,000 and you have to start demanding an S52, LS, turbo, impeccably clean chassis or other value adder, from what ive witnessed.

aaaaand its in the 20's