BMW i5 and 5-Series Forum

Post Reply
 
Thread Tools Search this Thread
      08-30-2017, 02:34 PM   #1
dzvero
Lieutenant Colonel
544
Rep
1,514
Posts

Drives: 2015 M$4 F82
Join Date: Dec 2015
Location: CA

iTrader: (2)

Question What is the value of this rusty, unrestored 1940's era BMW 321?

I can buy this car for restoration project but need some advise how much should I spend if I pull the trigger. It is very rusty, might be too much . Engine also is in very bad condition

https://en.wikipedia.org/wiki/BMW_321
Attached Images
    
Appreciate 0
      08-30-2017, 09:39 PM   #2
02Pilot
Malcontent
02Pilot's Avatar
188
Rep
305
Posts

Drives: 128i
Join Date: Jul 2017
Location: NY

iTrader: (0)

I can't begin to guess at a value, but that's a massive restoration project. Low production volume on all those pre-war cars and limited parts availability would make it a big job if the body were totally solid. Unless you are a proficient welder with deep pockets and lots of free time, look elsewhere.
Appreciate 0
      08-30-2017, 09:59 PM   #3
overcoil
Major General
3123
Rep
5,582
Posts

Drives: M235i 6spd
Join Date: Dec 2013
Location: Mid-Atlantic

iTrader: (0)

Quote:
Originally Posted by 02Pilot View Post
I can't begin to guess at a value, but that's a massive restoration project. Low production volume on all those pre-war cars and limited parts availability would make it a big job if the body were totally solid. Unless you are a proficient welder with deep pockets and lots of free time, look elsewhere.
Thought it was post-war😊, 1952-ish?

But yeah that would be a crazy restoration, just finding a capable metal fabricator to repair that, I imagine would be extremely difficult.

Last edited by overcoil; 08-31-2017 at 02:44 AM..
Appreciate 0
      08-30-2017, 10:27 PM   #4
mkoesel
Moderator
United_States
7544
Rep
19,368
Posts

Drives: No BMW for now
Join Date: Jun 2006
Location: Canton, MI

iTrader: (1)

Someone needs to build this into a street rod with an S63 or maybe even an M60 race motor under the hood. A BMW street rod would be fun at a classic car show.
Appreciate 3
      08-31-2017, 12:43 AM   #5
floydarogers
Curmudgeon and Pedant
floydarogers's Avatar
United_States
692
Rep
3,488
Posts

Drives: 2010 335d, 2014 328d
Join Date: Nov 2012
Location: Bellevue, WA

iTrader: (0)

From a recent Roundel article, restoration is likely to be 6 figures.
Appreciate 0
      08-31-2017, 01:26 AM   #6
dzvero
Lieutenant Colonel
544
Rep
1,514
Posts

Drives: 2015 M$4 F82
Join Date: Dec 2015
Location: CA

iTrader: (2)

This one is post war. Yes I agree body is too damaged, it can even be beyond restoration. suspension, engine , transmission, differential... unknown condition. It can be just junk with few parts that can be really used .

Last edited by dzvero; 08-31-2017 at 01:31 AM..
Appreciate 0
      08-31-2017, 07:27 AM   #7
02Pilot
Malcontent
02Pilot's Avatar
188
Rep
305
Posts

Drives: 128i
Join Date: Jul 2017
Location: NY

iTrader: (0)

Yes, of course it's post-war - my brain knew that, but the message was garbled in transmission to my fingers. Sorry about that.

Considering that I know of at least two recent 2002 restorations that are in excess of $100,000, I'd figure restoring this properly would start around $250,000 or so and go up from there.

I think the idea of a rat rod with a later BMW engine would be very interesting, but the rust on the chassis and bodywork make that a still-costly proposition in this case.
Appreciate 0
      08-31-2017, 08:01 AM   #8
Maynard
Colonel
United_States
4215
Rep
2,969
Posts

Drives: 228iX & M2C
Join Date: Mar 2016
Location: Upstate NY

iTrader: (1)

Parts car. Very expensive parts car. Remember the old adage that there is nothing more expensive than a cheap [insert exotic marque here]. Only exception would be if you can trace VIN to some very interesting provenance, or it is actually a VERY rare edition, then I'd sell it to a restorer. If you aren't already deep into the business of these restorations there is no chance you can come out ahead financially, and without the insider knowledge, you will make mistakes in the resto that will make it worthless to collectors.
Appreciate 0
      08-31-2017, 01:30 PM   #9
Lance_Goodthrust
Private
5
Rep
58
Posts

Drives: 2016 435i Gran Coupe
Join Date: Sep 2009
Location: Colorado

iTrader: (0)

BMW 321 built from 1938-1941 and 1945-1950
Appreciate 0
      08-31-2017, 05:22 PM   #10
dzvero
Lieutenant Colonel
544
Rep
1,514
Posts

Drives: 2015 M$4 F82
Join Date: Dec 2015
Location: CA

iTrader: (2)

Quote:
Originally Posted by Maynard View Post
Parts car. Very expensive parts car. Remember the old adage that there is nothing more expensive than a cheap [insert exotic marque here]. Only exception would be if you can trace VIN to some very interesting provenance, or it is actually a VERY rare edition, then I'd sell it to a restorer. If you aren't already deep into the business of these restorations there is no chance you can come out ahead financially, and without the insider knowledge, you will make mistakes in the resto that will make it worthless to collectors.
I wasnt thinking exactly to make it collectible car . Im not in the restoration business thats why Im asking. Im sure it will sell for cheap. Probably the right question is can it be restored.
Appreciate 0
      08-31-2017, 05:51 PM   #11
Spa2k
Major
United_States
1194
Rep
1,086
Posts

Drives: '13 JCW
Join Date: Apr 2017
Location: US

iTrader: (0)

The right, knowledgeable buyer will pay $20-30K, but only if it has all the correct numbers and all are matching. That's the only thing that matters. Then he'll spend $200K making it perfect by hand-fabricating all the necessary parts to make it Pebble Beach ready. When it's done in 3-5 years, he'll sell it at auction to the only serious bidder for $170K.

Then the restorer will do it all over again.
Appreciate 2
      09-04-2017, 10:34 PM   #12
overcoil
Major General
3123
Rep
5,582
Posts

Drives: M235i 6spd
Join Date: Dec 2013
Location: Mid-Atlantic

iTrader: (0)

Quote:
Originally Posted by dzvero View Post
I wasnt thinking exactly to make it collectible car . Im not in the restoration business thats why Im asking. Im sure it will sell for cheap. Probably the right question is can it be restored.
Without doing any research or any real knowledge- I would guess BMW Germany has a division where you could send pics and get some advice on the possibility of restoration.

Just found this
https://www.bmwgroup-classic.com/en.html
Appreciate 0
      09-05-2017, 03:38 AM   #13
dzvero
Lieutenant Colonel
544
Rep
1,514
Posts

Drives: 2015 M$4 F82
Join Date: Dec 2015
Location: CA

iTrader: (2)

Thanks, I decided not to buy it . Its too rusty and risky.
Appreciate 2
Spa2k1194.00
      09-05-2017, 07:45 AM   #14
expidia
First Lieutenant
expidia's Avatar
168
Rep
333
Posts

Drives: 2016 X5 35i
Join Date: Mar 2017
Location: Upstate New York

iTrader: (0)

I do like those vertical kidney grills though!
Shows BMW stays with something that works
Appreciate 0
      09-05-2017, 02:23 PM   #15
OlBloo
Where to next........
OlBloo's Avatar
218
Rep
341
Posts

Drives: E92 m3
Join Date: Jun 2017
Location: Cascadia

iTrader: (0)

That car would have been a life mistake
Appreciate 1
      09-05-2017, 06:06 PM   #16
dzvero
Lieutenant Colonel
544
Rep
1,514
Posts

Drives: 2015 M$4 F82
Join Date: Dec 2015
Location: CA

iTrader: (2)

Quote:
Originally Posted by expidia View Post
I do like those vertical kidney grills though!
Shows BMW stays with something that works
Im with you . I like the look and the car in general but this specific one is to much damaged
Appreciate 0
Post Reply

Bookmarks


Posting Rules
You may not post new threads
You may not post replies
You may not post attachments
You may not edit your posts

BB code is On
Smilies are On
[IMG] code is On
HTML code is Off



All times are GMT -5. The time now is 05:48 AM.




g60
Powered by vBulletin® Version 3.8.11
Copyright ©2000 - 2024, vBulletin Solutions Inc.
1Addicts.com, BIMMERPOST.com, E90Post.com, F30Post.com, M3Post.com, ZPost.com, 5Post.com, 6Post.com, 7Post.com, XBimmers.com logo and trademark are properties of BIMMERPOST