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Lets talk about the nice E28 on BAT

General conversations about BMW E28s and the people who own them.
russellrh72
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Location: Winston-Salem, NC

Re: Lets talk about the nice E28 on BAT

Post by russellrh72 »

First of all, don't ask for someone's opinion and then be a dick in response. I used my e28 as an example in my last comment to illustrate why I wouldn't put my car on BAT but the seller of the bronzit would. You are asking "why choose BAT right"? My car wouldn't start a bidding war. His would, or could. And why would you compare his car to e28 M5s? Please explain. And did you just ask me why you would find more than just e28 enthusiasts on BAT? You do know that there are other cars on BAT right? In regards to the 62% sale rate of e28 M5s, I have no clue. Perhaps people are being too cautious with their reserves and think that they are going to cash in big on the booming M5 market with their average M5. Again, this isn't an M5. I bet you would be hard pressed to find an e28 in a nicer condition than this one. It is in some ways a one of a kind vehicle. More so than the average M5 maybe? I'm not pretending to have all of the answers you seek in life sir, but if I had a car that rare and unique, I would want a big wide audience to see it and I would want people to fight over it. Not by putting a for sale sign on it that says 30k and then telling a prospective buyer that I'll only take 32k. ( don't worry I know you must have been joking with that...no one could really be serious about a silly statement like that).
You also asked me what I think his reserve is. How the fuck would I know? Only he knows what he'll take for the car. So he sets a reserve and hopes a bidding war insues. And I bet it does. But not meeting reserve does not necessarily mean failure. As in the case of the M5s you keep referencing. Why don't you ask some questions that can maybe be answered? There is a real instagatory tone in which you ask for answers but aren't satisfied. But I think, in my OPINION, that such desirable items in life can start a bidding war. We will see if this one does.
stuartinmn
Posts: 9524
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Location: Minneapolis

Re: Lets talk about the nice E28 on BAT

Post by stuartinmn »

Geez, some of you guys must just like arguing for the sake of arguing.
russellrh72
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Joined: Apr 14, 2016 11:52 AM
Location: Winston-Salem, NC

Re: Lets talk about the nice E28 on BAT

Post by russellrh72 »

stuartinmn wrote:Geez, some of you guys must just like arguing for the sake of arguing.
Just trying to answer Mr. Hanson's "impossible to answer" question. Would he be better off selling the car here or on BAT? Even though EVERYONE here was giving the opportunity to purchase the car on BAT if they so desired.
George Hanson
Posts: 248
Joined: Sep 27, 2011 6:59 PM
Location: NYC

Re: Lets talk about the nice E28 on BAT

Post by George Hanson »

russellrh72 wrote:
stuartinmn wrote:Geez, some of you guys must just like arguing for the sake of arguing.
Just trying to answer Mr. Hanson's "impossible to answer" question. Would he be better off selling the car here or on BAT? Even though EVERYONE here was giving the opportunity to purchase the car on BAT if they so desired.

You are missing the point....

....equal "opportunity" to purchase the car is not the issue at hand -- the issue is what is the best venue to sell THIS beautiful car?

Maybe my definition of "the best venue" in which to sell this car is different than yours?

In your opinion, considering the sellers perspective, what defines "the best" as it goes to sales avenues?
George Hanson
Posts: 248
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Location: NYC

Re: Lets talk about the nice E28 on BAT

Post by George Hanson »

russellrh72 wrote:First of all, don't ask for someone's opinion and then be a dick in response. I used my e28 as an example in my last comment to illustrate why I wouldn't put my car on BAT but the seller of the bronzit would. You are asking "why choose BAT right"? My car wouldn't start a bidding war. His would, or could. And why would you compare his car to e28 M5s? Please explain. And did you just ask me why you would find more than just e28 enthusiasts on BAT? You do know that there are other cars on BAT right? In regards to the 62% sale rate of e28 M5s, I have no clue. Perhaps people are being too cautious with their reserves and think that they are going to cash in big on the booming M5 market with their average M5. Again, this isn't an M5. I bet you would be hard pressed to find an e28 in a nicer condition than this one. It is in some ways a one of a kind vehicle. More so than the average M5 maybe? I'm not pretending to have all of the answers you seek in life sir, but if I had a car that rare and unique, I would want a big wide audience to see it and I would want people to fight over it. Not by putting a for sale sign on it that says 30k and then telling a prospective buyer that I'll only take 32k. ( don't worry I know you must have been joking with that...no one could really be serious about a silly statement like that).
You also asked me what I think his reserve is. How the fuck would I know? Only he knows what he'll take for the car. So he sets a reserve and hopes a bidding war insues. And I bet it does. But not meeting reserve does not necessarily mean failure. As in the case of the M5s you keep referencing. Why don't you ask some questions that can maybe be answered? There is a real instagatory tone in which you ask for answers but aren't satisfied. But I think, in my OPINION, that such desirable items in life can start a bidding war. We will see if this one does.
I repeat, Waah...
russellrh72
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Re: Lets talk about the nice E28 on BAT

Post by russellrh72 »

I am missing your point. Let's flip it....why would you take this rare car and post it here, with a set price that can only come down, rather than on BAT with a reserve? Again, keep in mind that the seller posted here that the car is available for sale, so all members of this wonderful forum have an opportunity to purchase the car if their wallets runneth deep enough.
russellrh72
Posts: 678
Joined: Apr 14, 2016 11:52 AM
Location: Winston-Salem, NC

Re: Lets talk about the nice E28 on BAT

Post by russellrh72 »

George Hanson wrote:
russellrh72 wrote:First of all, don't ask for someone's opinion and then be a dick in response. I used my e28 as an example in my last comment to illustrate why I wouldn't put my car on BAT but the seller of the bronzit would. You are asking "why choose BAT right"? My car wouldn't start a bidding war. His would, or could. And why would you compare his car to e28 M5s? Please explain. And did you just ask me why you would find more than just e28 enthusiasts on BAT? You do know that there are other cars on BAT right? In regards to the 62% sale rate of e28 M5s, I have no clue. Perhaps people are being too cautious with their reserves and think that they are going to cash in big on the booming M5 market with their average M5. Again, this isn't an M5. I bet you would be hard pressed to find an e28 in a nicer condition than this one. It is in some ways a one of a kind vehicle. More so than the average M5 maybe? I'm not pretending to have all of the answers you seek in life sir, but if I had a car that rare and unique, I would want a big wide audience to see it and I would want people to fight over it. Not by putting a for sale sign on it that says 30k and then telling a prospective buyer that I'll only take 32k. ( don't worry I know you must have been joking with that...no one could really be serious about a silly statement like that).
You also asked me what I think his reserve is. How the fuck would I know? Only he knows what he'll take for the car. So he sets a reserve and hopes a bidding war insues. And I bet it does. But not meeting reserve does not necessarily mean failure. As in the case of the M5s you keep referencing. Why don't you ask some questions that can maybe be answered? There is a real instagatory tone in which you ask for answers but aren't satisfied. But I think, in my OPINION, that such desirable items in life can start a bidding war. We will see if this one does.
I repeat, Waah...
I think we're done here
George Hanson
Posts: 248
Joined: Sep 27, 2011 6:59 PM
Location: NYC

Re: Lets talk about the nice E28 on BAT

Post by George Hanson »

russellrh72 wrote:I am missing your point.

***Clearly...***

Let's flip it....why would you take this rare car and post it here, with a set price that can only come down, rather than on BAT with a reserve?

***Have you ever bought or sold, anything, for a living?***

Again, keep in mind that the seller posted here that the car is available for sale, so all members of this wonderful forum have an opportunity to purchase the car if their wallets runneth deep enough.

***First of all let's be clear about what has happened, the seller "posted" the car for sale at BAT, and BAT only. MyE28 has only functioned as a free advertisement to funnel traffic to the auction.

With that cleared up, as you like to say, "let's flip it"....I am 100% certain had the seller posted THIS beautiful automobile for sale here on MyE28 the listing would have been a feature item on BAT...no doubt about it. In that scenario, how do the economics benefit the seller vs. a BAT listing on THIS car?***
Shawn D.
Beamter
Beamter
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Re: Lets talk about the nice E28 on BAT

Post by Shawn D. »

stuartinmn wrote:Geez, some of you guys must just like arguing for the sake of arguing.
You are wrong! </sarcasm>
Kyle in NO
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Re: Lets talk about the nice E28 on BAT

Post by Kyle in NO »

No wonder his old 535is is hiding from him....
vinceg101
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Re: Lets talk about the nice E28 on BAT

Post by vinceg101 »

Anyone want to know why BAT may or may not be a better place than MyE28.com to sell THIS car?

Just go back and re-read both of these threads; it's pretty obvious. This forums' reputation (such that it is) is starting to slip out there in the car communities because of BS like this.
wkohler
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Re: Lets talk about the nice E28 on BAT

Post by wkohler »

Sadly, that's the case.
Kyle in NO
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Re: Lets talk about the nice E28 on BAT

Post by Kyle in NO »

Precisely.
davintosh
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Re: Lets talk about the nice E28 on BAT

Post by davintosh »

Didn't this thread get started to talk about the nice e28 on BAT, not to debate the merits/problems associated with selling via BAT? :roll: Sheesh.

Here's an idea, George; go to General Conversation, click the New Topic button, and start your own thread to gripe & argue about BAT. It's really not that difficult a concept. And it keeps threads that are started for other purposes free from BS the likes of which we're seeing here and in that other thread.

Speaking of that nice Bronzit '88, price is now in the region I expected it to be — $30,125 — with one day to go. Here's hoping it goes even higher.

Image
#e28goals
jhh925
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Location: Reno

Re: Lets talk about the nice E28 on BAT

Post by jhh925 »

It's up to $31,000 now, and sure to go higher.

Obviously, whoever wins the bidding (assuming reserve is met) will own this car, and will get to do with it as they please. Let me just voice the possibly controversial view ('cause we haven't seen enough of that yet in this thread), that it would be great if any eventual buyer didn't turn this into a DD, and instead worked hard to keep it in the pristine condition it's in now. From BAT user TSRHB (the current $31,000 bidder):
This car is so nice I’ve decided I would swap it with my daily driver (I have no more room to store). I’ve been trying to NOT give in, but it is a lost cause as I keep reading and looking at the pictures. So I apologize ahead of time, but if lucky will truly enjoy this the way it was meant – drive it. Please please outbid me….
I sort of get that sentiment, and it's hard to get more than 5 or 10 comments into a BAT comment section without someone saying something along the lines of "Someone should buy this car and use it the way [Ferdinand][Enzo][Henry][Karl] intended by driving it / driving it hard / driving the snot out of it."

Perhaps its a bit selfish, but if there aren't more owners interested in building & maintaining classic cars to this level of condition & accuracy, then the only pristine examples will be in the manufacturer's museums, and private ownership of cars in this condition becomes just that much harder.

I think there's also a real value to the community in having examples like this for reference, for inspiration, and as examples of what the model can be like so that people who don't quite get the fascination with E28s (e.g., my wife, my kids and pretty much each & every one of my friends) can perhaps see the light.

OK, so I know what you might be thinking; "Dude, if you feel that strongly about it, buy it yourself, wrap it up & store it away in your garage, only to bring it out for C&C and St. Paddy's day. People are entitled to their opinions. BS walks, money talks." I've thought hard about that. I could be a bidder. And the thought of seeing someone buy this and treating it as a nice, medium mileage BMW sedan that would be a good, reliable commuter car or (even worse) a cool track-day car with the right engine mods makes me nauseous. But I don't have the room, and my next (if ever) E28 project won't be another 535. So in that sense, you'd be right that my view is irrelevant.

But please, please, to whoever buys this car, this one is special. Please keep it that way.
russellrh72
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Re: Lets talk about the nice E28 on BAT

Post by russellrh72 »

Ideally I could have mine and this one! A nice driver to put the miles on and then one to keep in the garage....and sleep in every night.
domenico
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Location: Tampa FL

Re: Lets talk about the nice E28 on BAT

Post by domenico »

I LOVE you guys....I believe she will end up around 36 to 37k. Then you have to add buyers fee and shipping. Wait registration, sales tax and collector insurance. Yeap not for me at this point. I had a dream about the car last night though...
George Hanson
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Re: Lets talk about the nice E28 on BAT

Post by George Hanson »

vinceg101 wrote:Anyone want to know why BAT may or may not be a better place than MyE28.com to sell THIS car?

Just go back and re-read both of these threads; it's pretty obvious. This forums' reputation (such that it is) is starting to slip out there in the car communities because of BS like this.
LOL.... #FakeNews
George Hanson
Posts: 248
Joined: Sep 27, 2011 6:59 PM
Location: NYC

Re: Lets talk about the nice E28 on BAT

Post by George Hanson »

davintosh wrote:Didn't this thread get started to talk about the nice e28 on BAT, not to debate the merits/problems associated with selling via BAT? :roll: Sheesh.

***Actually, no. This thread was explicitly started by domenico (" I started this thread over here because people didn't want us talking about all that stuff in the cars for sale area.") in response to some dog lover who gave the heel boy command ("Please stop or take it to a different thread.") because we were discussing the merits of BAT vs MyE28 as a sale venue for THIS car ...hence this thread.

Steeerike 1...!***


Here's an idea, George; go to General Conversation, click the New Topic button, and start your own thread to gripe & argue about BAT. It's really not that difficult a concept. And it keeps threads that are started for other purposes free from BS the likes of which we're seeing here and in that other thread.

***Steeerike 2...!!***

Speaking of that nice Bronzit '88, price is now in the region I expected it to be — $30,125 — with one day to go. Here's hoping it goes even higher.

***Did you participate in the LinkedIn Challenge posted by Scott Ales? If so, what was your published estimate? Do you think THIS beautiful car meets reserve?***


Image
#e28goals

Batter Up!!!
Last edited by George Hanson on Dec 03, 2017 10:49 PM, edited 2 times in total.
George Hanson
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Joined: Sep 27, 2011 6:59 PM
Location: NYC

Re: Lets talk about the nice E28 on BAT

Post by George Hanson »

jhh925 wrote:It's up to $31,000 now, and sure to go higher.

Obviously, whoever wins the bidding (assuming reserve is met) will own this car, and will get to do with it as they please. Let me just voice the possibly controversial view ('cause we haven't seen enough of that yet in this thread), that it would be great if any eventual buyer didn't turn this into a DD, and instead worked hard to keep it in the pristine condition it's in now. From BAT user TSRHB (the current $31,000 bidder):
This car is so nice I’ve decided I would swap it with my daily driver (I have no more room to store). I’ve been trying to NOT give in, but it is a lost cause as I keep reading and looking at the pictures. So I apologize ahead of time, but if lucky will truly enjoy this the way it was meant – drive it. Please please outbid me….
I sort of get that sentiment, and it's hard to get more than 5 or 10 comments into a BAT comment section without someone saying something along the lines of "Someone should buy this car and use it the way [Ferdinand][Enzo][Henry][Karl] intended by driving it / driving it hard / driving the snot out of it."

Perhaps its a bit selfish, but if there aren't more owners interested in building & maintaining classic cars to this level of condition & accuracy, then the only pristine examples will be in the manufacturer's museums, and private ownership of cars in this condition becomes just that much harder.

I think there's also a real value to the community in having examples like this for reference, for inspiration, and as examples of what the model can be like so that people who don't quite get the fascination with E28s (e.g., my wife, my kids and pretty much each & every one of my friends) can perhaps see the light.

OK, so I know what you might be thinking; "Dude, if you feel that strongly about it, buy it yourself, wrap it up & store it away in your garage, only to bring it out for C&C and St. Paddy's day. People are entitled to their opinions. BS walks, money talks." I've thought hard about that. I could be a bidder. And the thought of seeing someone buy this and treating it as a nice, medium mileage BMW sedan that would be a good, reliable commuter car or (even worse) a cool track-day car with the right engine mods makes me nauseous. But I don't have the room, and my next (if ever) E28 project won't be another 535. So in that sense, you'd be right that my view is irrelevant.

But please, please, to whoever buys this car, this one is special. Please keep it that way.

I sincerely hope you end up owning this beauty. A new enthusiast owner possessing a demonstrable and deep background with the marquee is exactly what THIS spectacular 535i deserves. Good luck, keep this jesse in the family...
jhh925
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Re: Lets talk about the nice E28 on BAT

Post by jhh925 »

domenico wrote:I LOVE you guys....I believe she will end up around 36 to 37k. Then you have to add buyers fee and shipping. Wait registration, sales tax and collector insurance. Yeap not for me at this point. I had a dream about the car last night though...
Man, so tough to tell. It feels like bidding has slowed, but by my count, 16 separate users have placed bids. Ignoring the early bids, it looks like at least three have made large, serious bids. And most of the action happens at the end anyhow. On the other hand, all the recent bids seem to be moving at the minimum increment, and we're probably nowhere close to the reserve, so maybe we never get there. I'm pretty sure $37,000 won't get it done.
wkohler
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Re: Lets talk about the nice E28 on BAT

Post by wkohler »

I'm very surprised to see this consistent level of bidding before the end of the auction. Most of the listings I follow get a few bids, sit around for a couple days and then bidding resumes 5-10 min before auction end. One E12 I watched didn't even get one bid at the end of the auction and that was surprising. I think there is a lot of excitement over this car.
George Hanson
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Location: NYC

Re: Lets talk about the nice E28 on BAT

Post by George Hanson »

jhh925 wrote:
domenico wrote:I LOVE you guys....I believe she will end up around 36 to 37k. Then you have to add buyers fee and shipping. Wait registration, sales tax and collector insurance. Yeap not for me at this point. I had a dream about the car last night though...
Man, so tough to tell. It feels like bidding has slowed, but by my count, 16 separate users have placed bids. Ignoring the early bids, it looks like at least three have made large, serious bids. And most of the action happens at the end anyhow. On the other hand, all the recent bids seem to be moving at the minimum increment, and we're probably nowhere close to the reserve, so maybe we never get there. I'm pretty sure $37,000 won't get it done.
Some real serious money just showed up in the form of a $33,000 bid by boulder1, he paid $95k for the 1986 B7 Turbo that sold on BAT back in April.

From the sellers perspective this could be good, or bad....boulder1 obviously is willing to pay up (good for seller), but has also proven he will hammer away until others submit and possibly others he has mixed it up within the past (like ducati168 & EAGBMW) might just decide not to tangle with ol' boulder1 again (bad for seller).

Looks like the getting is about to get good!

Hey, what do you think the reserve might be?
gray635
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Re: Lets talk about the nice E28 on BAT

Post by gray635 »

My strong suspicion is that reserve has been met at this point.
toddness
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Re: Lets talk about the nice E28 on BAT

Post by toddness »

Last hour. Will there be a bidding war to finish off the auction for this beauty? Does it hit 40?
russellrh72
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Re: Lets talk about the nice E28 on BAT

Post by russellrh72 »

As for me, I could totally justify paying 40k for that car. Just don't have that much on me right now which is kind of an issue. :rofl:
jbyang413
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Re: Lets talk about the nice E28 on BAT

Post by jbyang413 »

My guess is.. the reserve is at $35k, so it’ll make it pass $40k at the end of the auction. This one is too good to pass up. Good luck to the seller and new owner.
jhh925
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Re: Lets talk about the nice E28 on BAT

Post by jhh925 »

I'd be very, very surprised if we've hit reserve yet. I'm not even bidding and my heart is still racing ...
toddness
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Re: Lets talk about the nice E28 on BAT

Post by toddness »

I'd be really surprised if the reserve is higher than the current 33K (at the time i started writing this).
BaT is notorious for setting low reserves. One of the interesting aspects of BaT is if a car does not meet the reserve, they reserve the right to buy the car at the reserve.
hugh1850
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Re: Lets talk about the nice E28 on BAT

Post by hugh1850 »

popcorn
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