M5 M6 prime example cars for Sale!!!

[GaAlpinaOwner]

this thread seems to be doing what I believe GaAlpinaOwner wants it too, create a stir and propaganda about the increasing prices of classic bimmers that he happens to be selling. I fell for it too. i feel lucky I have no interest in M anything, too much up keep and you cant park it anywhere without worry. much love and luck to you GaAlpinaOwner.

Wow I feel the luv today so same to you 3toedshewie. I am glad you have zero interest in Mcars as well as you are the complete wrong buyer for these cars! BTW I am not selling anything right now....I appreciate these cars and I do appreciate the values that are continuing to climb, without my help what so ever .

[3toedshewie]

ok. I'm curious GA, I assumed you were a used car dealer. Are you? As in do you have a dealer license?

I agree with you, I appreciate that these cars go up in value, i'm really curious as to why you created a post that says something to the point of "here is evidence of value going up!, read it and weap!" to whom are you making this statement?

[wkohler]

He's not a dealer. He's EAG's version of Pat in the Toyota commercials.

[tschultz]

It sure is interesting because I hear a bunch of M6 owners trying to sell their E24's for $20k+, even though an equivalent car had trouble bringing $14k a few years ago.

[RAL]

A 1 owner M6 sold at Amelia Event last week for 57.2k. The market has spoken again and these are going up.

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

Why do you care? If you are buying cars to support you financially, now or in retirement, you are a fool. My sense of you is that you are not a fool. If you are buying cars you love, to keep and enjoy, then their value is academic other than to make sure they are insured correctly. It's like watching people get excited about the price of their house going up. Makes no sense.

Automobiles are a dead asset. They have no intrinsic value other than what people are willing to pay for them at a given time and their worth as transportation. Thus, getting too excited about the rise or fall in the price of an automobile is much like getting excited about a hand of cards you are dealt -- enjoy it, but understand that there is nothing preventing the next hand from being a disaster. This is the same reason why the collector car landscape is littered with burst bubbles -- because the purchasing decisions are based on sentiment and emotion. And those things change.

None of this is to say don't buy a car to enjoy. Life is short and hobbies are a good idea. And within the automotive hobby, BMWs are a fantastic choice given the traditional attributes of the marque. But enjoy the cars for what they are, and do not make them into something they are not. Anything else is asking for eventual disappointment, and perhaps worse.

[righteousrags88]

I remember seeing this car on seattle craigslists when the original owner was selling it. Blew my mind

[charter21p5]

I agree with RAL's comments. I decided to comment on this thread because of my experiences so far restoring my '85 535i and this thread being a very interesting discussion.

Unlike Porsche who appears to make parts indefinitely for their cars, BMW appears to NLA the parts on older vehicles and from my experiences so far trying to locate new parts and or discussing locating parts with BMW via phone, they do not really allow a majority of these NLA parts to be manufactured by other 3rd party suppliers. If this is an accurate statement then eventually the older BMWs will become garage queens as no new parts will be available to keep these cars on the road. Besides the car sitting in your garage looking pretty what is the value except your enjoyment of owning the vehicle?

I own my '85 535i because I very much enjoy driving and owning these cars. I understand if you are going to buy a collector type car then you would really want an "M" or Alpina version of these cars.

I don't have an "M" vehicle yet because I have debated in my mind on whether to even consider buying an E28 M vehicle for it only to become a museum piece and what of the $$ invested in the vehicle?

In my opinion investing money into these cars comes down to the pure enjoyment factor and or owning something BMW made that is very rare. I personally would not purchase one of these vehicles hoping the car will be considered an asset to produce a large financial return.

If I buy a rare 80s model Porsche I have the opportunity to buy new parts for the car for as long as Porsche is in business. To me the ability to be able to purchase new parts protects my investment in the car. The ironic thing for me personally is I prefer the E28 BMWs over the Porsches so I haven't switched over to Porsche.

I am not trying to stir up the forum writing these comments, however I would be curious of the feedback from the senior folks that have been on this forum for years or have owned these cars for years.

[m-racer]

A 1 owner M6 sold at Amelia Event last week for 57.2k. The market has spoken again and these are going up.

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

Why do you care? If you are buying cars to support you financially, now or in retirement, you are a fool. My sense of you is that you are not a fool. If you are buying cars you love, to keep and enjoy, then their value is academic other than to make sure they are insured correctly. It's like watching people get excited about the price of their house going up. Makes no sense.

Automobiles are a dead asset. They have no intrinsic value other than what people are willing to pay for them at a given time and their worth as transportation. Thus, getting too excited about the rise or fall in the price of an automobile is much like getting excited about a hand of cards you are dealt -- enjoy it, but understand that there is nothing preventing the next hand from being a disaster. This is the same reason why the collector car landscape is littered with burst bubbles -- because the purchasing decisions are based on sentiment and emotion. And those things change.

None of this is to say don't buy a car to enjoy. Life is short and hobbies are a good idea. And within the automotive hobby, BMWs are a fantastic choice given the traditional attributes of the marque. But enjoy the cars for what they are, and do not make them into something they are not. Anything else is asking for eventual disappointment, and perhaps worse.

Why do you care why he cares? Why do you think he needs your advice? Turnarround is fair play here. I am pretty sure the OP is a big boy, carries his own wallet and does so well. If he celebrates that prices are going up, what precisely is wrong with that. Lots of unwarranted harshness in this thread regardless of opinion.

[GaAlpinaOwner]

ok. I'm curious GA, I assumed you were a used car dealer. Are you? As in do you have a dealer license?

I agree with you, I appreciate that these cars go up in value, i'm really curious as to why you created a post that says something to the point of "here is evidence of value going up!, read it and weap!" to whom are you making this statement?

No I am no dealer although I should be...

To answer your next question sir, I created this post because a lot of old saps on this site think that the values should stay down and therefore be affordable to everyone...

I found this out when considering to sell my Alpina B7Turbo a few years ago and getting offers of 5k 10k 15k totally ridiculous. I found this out when buying my 36k mile M5 E28 and trading it after a year or so and I found this out when buying another 70k M5 E28...and to be honest with you I see it a lot. But when you see that there are fine examples of 528 and535i selling for 10k -17k and M5s selling for +25 - way +40k it tells me that the markets are rising. When I see the offers that I am getting on my 30k mile Henna E30 M3 this tells me inflated or not the values are climbing and climbing quickly. EAG helps amplify this and I applaud them - this is why you see so many EAG haters...they are pissed that cars are selling for this amount and deny the mkt has anything to do with it. I own several cars and as a Enthusiast drive them, show them and one day may/will sell them, all for a Profit ! This seems to piss off some here but I could not give a rats @$$. That is the logic behind Read it and Weep. I tell it like it is.....

[GaAlpinaOwner]

He's not a dealer. He's EAG's version of Pat in the Toyota commercials.

Hey I resemble that statement youngman!

[GaAlpinaOwner]

A 1 owner M6 sold at Amelia Event last week for 57.2k. The market has spoken again and these are going up.

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

Why do you care? If you are buying cars to support you financially, now or in retirement, you are a fool. My sense of you is that you are not a fool. If you are buying cars you love, to keep and enjoy, then their value is academic other than to make sure they are insured correctly. It's like watching people get excited about the price of their house going up. Makes no sense.

Automobiles are a dead asset. They have no intrinsic value other than what people are willing to pay for them at a given time and their worth as transportation. Thus, getting too excited about the rise or fall in the price of an automobile is much like getting excited about a hand of cards you are dealt -- enjoy it, but understand that there is nothing preventing the next hand from being a disaster. This is the same reason why the collector car landscape is littered with burst bubbles -- because the purchasing decisions are based on sentiment and emotion. And those things change.

None of this is to say don't buy a car to enjoy. Life is short and hobbies are a good idea. And within the automotive hobby, BMWs are a fantastic choice given the traditional attributes of the marque. But enjoy the cars for what they are, and do not make them into something they are not. Anything else is asking for eventual disappointment, and perhaps worse.

RAL no I am no Fool, these are not for my retirement - that is another hobbie (investing) .... I love these cars and drool over all of them while driving, maintaining, showing etc...
I care because I purchased a M635i from a fellow member for quite a bit of money and want to watch the value increase substantially and this car hobbie is like being a crack addict in a Cocaine factory

Remember what the E9s are doing and call me in 5yrs :

[GaAlpinaOwner]

A 1 owner M6 sold at Amelia Event last week for 57.2k. The market has spoken again and these are going up.

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

Why do you care? If you are buying cars to support you financially, now or in retirement, you are a fool. My sense of you is that you are not a fool. If you are buying cars you love, to keep and enjoy, then their value is academic other than to make sure they are insured correctly. It's like watching people get excited about the price of their house going up. Makes no sense.

Automobiles are a dead asset. They have no intrinsic value other than what people are willing to pay for them at a given time and their worth as transportation. Thus, getting too excited about the rise or fall in the price of an automobile is much like getting excited about a hand of cards you are dealt -- enjoy it, but understand that there is nothing preventing the next hand from being a disaster. This is the same reason why the collector car landscape is littered with burst bubbles -- because the purchasing decisions are based on sentiment and emotion. And those things change.

None of this is to say don't buy a car to enjoy. Life is short and hobbies are a good idea. And within the automotive hobby, BMWs are a fantastic choice given the traditional attributes of the marque. But enjoy the cars for what they are, and do not make them into something they are not. Anything else is asking for eventual disappointment, and perhaps worse.

Why do you care why he cares? Why do you think he needs your advice? Turnarround is fair play here. I am pretty sure the OP is a big boy, carries his own wallet and does so well. If he celebrates that prices are going up, what precisely is wrong with that. Lots of unwarranted harshness in this thread regardless of opinion.

that is ok Tim ... I can take it and I opened up a can of Whoop Ass with this thread. You of all people know where I am coming from I believe....thanks.

[CSBM5]

When a breakout occurs, it leaves 99% at the station expecting the train to return to allow them to get on board. True breakouts *never* return to the station...well, at least as long as a bubble-like move doesn't pop right away, but in many cases where the most doubters reside, the quicker and more virulent the breakout will move.

Example: I've been enamored with the very first Porsche 930s since a friend in high school brought in the Car and Driver test of the very first one back in late 1975. Starting about two years ago, I hunted around for a pristine, original car that was stock which was essentially impossible to find. Similar to many M3s, most of these cars I came across were modified in all sorts of ways. Pricing was flat or down for many years which encouraged people to buy them that could not afford to maintain/restore them properly, hence many I came across needed a lot of work and had rust issues.

The right move would have been to buy the finest quality example there is...my problem was that I was not super-serious I guess as I simply could not find the right car, and I also wanted to find a pristine, very low mileage 2011 M3 sedan which I bought instead and am enjoying immensely. Now, just ~15 months or so later, 930 prices have skyrocketed (along with many other desirable German cars) by over 100%, with quality examples exceeding $100k now. It is what it is...no use for anyone to argue with the market. There is massive speculation going on in many European cars during this phase of central bank money creation/mal-investment. The fun time will be seeing how this all plays out.

[RAL]

A 1 owner M6 sold at Amelia Event last week for 57.2k. The market has spoken again and these are going up.

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

Why do you care? If you are buying cars to support you financially, now or in retirement, you are a fool. My sense of you is that you are not a fool. If you are buying cars you love, to keep and enjoy, then their value is academic other than to make sure they are insured correctly. It's like watching people get excited about the price of their house going up. Makes no sense.

Automobiles are a dead asset. They have no intrinsic value other than what people are willing to pay for them at a given time and their worth as transportation. Thus, getting too excited about the rise or fall in the price of an automobile is much like getting excited about a hand of cards you are dealt -- enjoy it, but understand that there is nothing preventing the next hand from being a disaster. This is the same reason why the collector car landscape is littered with burst bubbles -- because the purchasing decisions are based on sentiment and emotion. And those things change.

None of this is to say don't buy a car to enjoy. Life is short and hobbies are a good idea. And within the automotive hobby, BMWs are a fantastic choice given the traditional attributes of the marque. But enjoy the cars for what they are, and do not make them into something they are not. Anything else is asking for eventual disappointment, and perhaps worse.

Why do you care why he cares? Why do you think he needs your advice? Turnarround is fair play here. I am pretty sure the OP is a big boy, carries his own wallet and does so well. If he celebrates that prices are going up, what precisely is wrong with that. Lots of unwarranted harshness in this thread regardless of opinion.

Respectfully, I understand your point about harshness but my post wasn't harsh. I made it quite clear that I don't think the original poster is dumb or foolish. If that didn't come across sufficiently, then he has my apologies. My post was motivated by an honest question: why people get excited about the value of these things -- precisely because if you are an adult, and carry your own wallet, it is only your own personal judgment of value that matters when it comes to these things. If you like the car, great. If others like them, or don't, as reflected in selling prices, it makes no difference to you (the person with the car, not you personally).

That's all. The poster explained his enthusiasm, and that's his view. Me, personally, I wouldn't really care one way or the other what the values are because values reflect other people's judgment, and the judgment of most people is worth very little to me.

[dsmith]

Woot, woot! I think I'm on the train, for once!

[three5ives]

watching a 13 year old come running up to David's Alpina at the last C&O and yelling 'this is my wallpaper car, this is my wallpaper car' - and then that same 13 year old holding a very legit 10 minute conversation with David on the performance specifics of the B7 and then stating how he never thought he would ever get to see one in real life - priceless

[RoyW]

The value of an asset, whether an appreciating or depreciating one, has many variables... particularly as it relates to cars, e.g., economy, market, supply/demand, rarity, history, condition, emotion, etc. Vintage BMWs (pre-88) are currently in a sweet spot and generally on the rise, some more than others. This, IMO, is a good thing for everyone who has one of these cars. So, let's enjoy it while we can. But, of course, it's all relative and only realized if you're a 'seller' or 'buyer' today

I do consider my vintage BMWs as a semi-liquid asset, but I bought all of them because of my love for the brand/model/variant of that era, not as an investment. I don't drive any of mine near enough and I admit to viewing them too often as an investment (limiting "comsuming" usage). This dumb behavior on my part limits the joy I should be getting from them and will benefit the next guy, as I don't expect to see a profit from any of them, net of what I've put into them.... but, I'd sure like to come close

-RoyW

[GaAlpinaOwner]

The value of an asset, whether an appreciating or depreciating one, has many variables... particularly as it relates to cars, e.g., economy, market, supply/demand, rarity, history, condition, emotion, etc. Vintage BMWs (pre-88) are currently in a sweet spot and generally on the rise, some more than others. This, IMO, is a good thing for everyone who has one of these cars. So, let's enjoy it while we can. But, of course, it's all relative and only realized if you're a 'seller' or 'buyer' today

I do consider my vintage BMWs as a semi-liquid asset, but I bought all of them because of my love for the brand/model/variant of that era, not as an investment. I don't drive any of mine near enough and I admit to viewing them too often as an investment (limiting "comsuming" usage). This dumb behavior on my part limits the joy I should be getting from them and will benefit the next guy, as I don't expect to see a profit from any of them, net of what I've put into them.... but, I'd sure like to come close

-RoyW

Well put Roy ... I also suffer from that same dumb behavior

[GaAlpinaOwner]

watching a 13 year old come running up to David's Alpina at the last C&O and yelling 'this is my wallpaper car, this is my wallpaper car' - and then that same 13 year old holding a very legit 10 minute conversation with David on the performance specifics of the B7 and then stating how he never thought he would ever get to see one in real life - priceless

Totally priceless .. and a 13yr old that even knows what a 1985 B7 Turbo is....amazing

[cinnamonandgravy]

But... But... I like driving the e28 m5 too much...

127k and counting...

[charter21p5]

An asset is something that puts money in your bank account. A liability is something that takes money away from your bank account. A quantifiable object or entity is not really considered an asset until you make a profit from the sale of the product or service.

Enjoy these E28s while we are still able to keep them on the road.

I was thinking about BMW's stance on NLA'ing parts.

Maybe we should all sign a petition requesting BMW un-NLA all parts for E28s including M5s and send it to BMW....

Just a thought.

[wkohler]

This NLA parts crusade you're on is getting old. Fast. I don't think you realize how lucky we have it. You should be happy that we can get what we can get and that BMW is selling enough (IMHO) shitty cars that they continue to support the older cars.

[charter21p5]

This NLA parts crusade you're on is getting old. Fast. I don't think you realize how lucky we have it. You should be happy that we can get what we can get and that BMW is selling enough (IMHO) shitty cars that they continue to support the older cars.

So are the cars.... getting old. At first I was looking for confirmation BMW was NLA'ing parts and there was minimal if any options available for replacement parts. I think the lack of response from the forum on this subject and BMW stating they have no plans to make these NLA'd parts has adequately confirmed my suspicions.

There are many many people on this forum that really enjoy these cars including yourself. Why not ask the folks on the forum if they would be interested in sending something to BMW to show there are still many people globally interested in driving and maintaining their vintage E28s?

If I struck a nerve it wasn't my intention.... maybe some frustration on my part exists because BMW has basically decided to not further support an amazing series of vehicles they created in the 80s.

And what if BMW responded by continuing to create all parts for these cars 10 - 15 years from today?

Understand I was looking for confirmation first from the experts on this forum, 2nd from BMW, and then exploring alternative options, and I think these E28s are some of the best looking and driving vehicles ever built. I have quite a bit of passion for the cars and my posts on this subject.

I will drop this subject as I have the information I was looking to obtain however it would be interesting to see if this forum is interested in sending a message to BMW detailing how many folks are still driving their E28 series vehicles and looking for parts to continue driving these vehicles of excellence for many years to come while supporting the BMW brand.

I never have an issue saying what I think... enough said on this subject.

[wkohler]

I see no reason to complain. I'm stoked they still have the parts they have. There is still a great selection of mechanical parts available, too from BMW and from the OE manufacturers. In my opinion, BMW has done an excellent job of supporting their vintage/classic models. When demand for certain parts reaches a level, they make more. Back in 2008, the chrome rear center section of the European bumper was NLA and had been for a couple of years. Guess what? In 2011, there were 2200 in stock.

For the E12, the RHS counterpart to the battery tray was NLA back when I bought many of the needed parts for my M535i. I was figuring this piece would have to be cut out of another car. There were aftermarket options, but the stamping was wrong, and they likely wouldn't fit. Anyway, guess what is in stock now? That. Hell, the firewall insulation was NLA for a while. I didn't even know that. Ordered one in that initial order. In speaking with an M535i owner in Holland, he convinced them to make a small run of them somehow.

If there is a market or demand for the part, Mobile Tradition/BMW Classic will make it. Making parts to stock the shelves isn't something that makes BMW money. Sure, they probably make plenty of money on the parts they do have, but stocking parts for a chassis 30 years later (or longer in many cases - look how many 2002 and E9 parts are still available) is pretty impressive. It would be more impressive if the parts they had fit (like the lower windshield trim for the E12/E28).

I wish they'd keep every part in stock, too, but if they did, where would the challenge be? What incentive would there be to maintain the serviceable parts? Let's say Saab lived by that notion of stocking every part for every car they ever made. Where is Saab today? All that having an endless supply of new parts does is encourage people to throw the old ones away. Often times, there's no reason to do so. E28s aren't prevalent in the yards anymore. I can't help but feel sad thinking of all the great parts that went away because there just wasn't a need at the time.

I only said what I said because every post I've seen of yours this week has had some complaint about NLA parts in it like it's some sort of conspiracy in the upper ranks to get people to buy some 6-series 4-door coupe.

[charter21p5]

Thanks for sharing your insight and experiences on this subject. It wasn't about a possible conspiracy... it is understood for a company to remain in business they must remain profitable and making older parts might have a very low value proposition if any for BMW.

It is good to know from your experiences BMW has created batches of NLA parts in the past. It would be interesting to know how they become aware of the demand for these parts since they are not orderable.

I would personally like to drive an E28 for 20+ more years.

With this information my next steps are to create a mini stock pile of non-body parts and check realoem.com for part availability to keep my car(s) on the road.

Thanks again for sharing your experiences.

Very appreciated.

[turbo_nine]

Let's say Saab lived by that notion of stocking every part for every car they ever made. Where is Saab today?

A better example might be Mercedes, who actually do have some kind of ancient-parts program and are obviously not extinct because of it.

[GaAlpinaOwner]

Price on M6 reduced to 99k
and listed on Ebay
http://www.ebay.com/itm/BMW-M6-Base-Cou ... ars_Trucks

[ahab]

Would that make this <30k mile M6 a steal at $44,9k? The general tone of the posts is that the pricing is out of touch. Who's right? EAG or the rest of the public? According to the BaT pundits:

"Though priced at the absolute market ceiling, an E24 M6 in such nicely kept and unmodified condition is a very rare thing, and has been for more than a decade now. As the saying goes, it pays to buy the best, and appearances seem to suggest this is one of the best out there."

http://bringatrailer.com/2014/03/25/low ... 87-bmw-m6/

Edit: I know this is nitpicking but what's the logic behind including the word Manual in the titles for these cars?

[GaAlpinaOwner]

Seeing that they now have a Sale Pending on the M6 with <6k miles at 99k ....you tell me

[BimmerSultan]

Seeing that they now have a Sale Pending on the M6 with <6k miles at 99k ....you tell me

I just hope that everyone is happy with their overpriced cars. I'm sure it will end great for them.