08-30-2017, 02:34 PM | #1 |
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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 |
08-30-2017, 09:39 PM | #2 |
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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.
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08-30-2017, 09:59 PM | #3 | |
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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.. |
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08-30-2017, 10:27 PM | #4 |
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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.
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08-31-2017, 01:26 AM | #6 |
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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.. |
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08-31-2017, 07:27 AM | #7 |
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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. |
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08-31-2017, 08:01 AM | #8 |
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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.
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08-31-2017, 05:22 PM | #10 | |
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08-31-2017, 05:51 PM | #11 |
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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. |
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seedyrom145.50 ilikebmxbikes1523.50 |
09-04-2017, 10:34 PM | #12 | |
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Just found this https://www.bmwgroup-classic.com/en.html |
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09-05-2017, 03:38 AM | #13 |
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Thanks, I decided not to buy it . Its too rusty and risky.
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Spa2k1194.00 Captain Blood13878.00 |
09-05-2017, 02:23 PM | #15 |
Where to next........
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That car would have been a life mistake
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09-05-2017, 06:06 PM | #16 |
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