M42club.com - Home of the BMW E30/E36 318i/iS
PAPER OR PLASTIC => For Sale => Topic started by: AlpineE30ic on July 24, 2014, 08:32:37 AM
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I am looking to determine whether or not I will be selling my BMW E30. I'm looking for some serious/reasonable offers for which I will most certainly entertain.
Car: 1992 BMW 318i (E30) Convertible. SEE LINK FOR PHOTOGRAPHS http://boston.craigslist.org/sob/cto/4584822513.html[/b][/b][/b]
Located South of Boston, MA
Dark Blue with Beige Cloth Interior
Engine: M42 1.8L 4cyl.
Miles: 153,900
Trans: 5 Speed Manual
Car starts immediately, runs & drives.
I have had the car for a year now, working on it as a project. I recently registered it for the road, however while at my mechanic's shop last week, I was told the engine had a "sound" coming from the lower end of the block..long story short, it would take some time/labor to breakdown the motor to determine & fix the real issue. They told me it would be more economical to swap the engine for another. This would take less time and money to do. The mechanic stated "the engine does everything an engine is suppose to do, but this noise will need to be addressed sooner than later."
The Good/The Great:
1. The car has BRAND NEW Exhaust (resonator & muffler, w/ new brackets)
2. BRAND NEW drive belts
3. BRAND NEW Fuel Pump
4. BRAND NEW Fuel Filter
5. BRAND NEW Front Wheel bearings & dust caps
6. BRAND NEW Front 'IS" valence spoiler & Fog Light Delete Covers
7. BRAND NEW Convertible top (not installed - comes with the car)
8. BRAND NEW Spark Plugs
9. Nearly NEW tires all around
10. Interior is in phenomenal condition - Very rare CLOTH HEATED SEATS - NO RIPS OR TEARS
11. NO CRACKS in the Dash Board
12. NO VISIBLE RUST - Very Rare
13. Transmission shifts smoothly with no apparent issues
14. Sale will include a Brand New bottle of touch up Paint (coded)
15. Receipts in hand for all the above mentioned parts plus prior parts receipts purchased from previous owner.
The Not so Good/Great:
1. One of the 17" wheels shown in the picture needs to be repaired. There is small dent which won't allow it to hold air
2. Suspension needs attention. May need struts swapped out for new or used ones. They are squeaky in the front
3. Fuel Gauge seems to be hopping around. Based on the forums, this shouldn't be a challenging repair
4. Various black exterior trim pieces need to be replaced
5. two noticeable dents in the front fender and rear quarter panel. The rear dent seems like it would be very easy have pulled
6. Radiator leaks just a little bit of coolant
7. Misc. dings and knicks (usual wear for a car of this age.)
8. Previous owner removed the amp so the speakers need to be reconnected in a Stock manner
There you have it. I believe this car would be a terrific candidate for either an engine swap, whether that means upgrading the engine to an E36 motor, or to another stock M42.. The more of a DIY car guy you are, the better in my opinion. Like I mentioned above, I could consider my continuation with the project but if someone out there is willing to take it off my hands for the right price, I will be happy to entertain the offer.
Any questions at all, please don't hesitate to ask. I can respond to emails within minutes.
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If anyone wishes to provide feedback or first impressions on what you think it may be worth please let me know
thanks!
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It's a great looking car. I love the color combo - blue with tan fabric has to be a rare combination.
I'd be posting a ballpark price myself...were I in your shoes...just to get the ball rolling. I'd suspect that a lot of potential buyers have different ideas of what a "reasonable offer" entails, and it might prevent some from contacting you. Given the amount of work that you've done, I'd suspect you will be looking for a very particular buyer to partially recover your investment from this car. I'd also suspect that your car may not end up with a DIY buyer. Do you have the original build sheet for the car? That might help a bit. I'm pretty sure your car has a very desirable differential, for example.
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thanks very much for the feedback desktopdave. You make a strong point regarding "reasonable offer."
I am asking 2,500.