Yes it is. Actually your question explains a little confusion between early emails, from many months ago. I had pm'd you from this board during early correspondence about 1931,orinoco and then later about 1932 and others. Then I just started emailing you direct, and I guess you never knew the screen name, regular name, etc.
Karl,
Yes it is. Actually your question explains a little confusion between early emails, from many months ago. I had pm'd you from this board during early correspondence about 1931,orinoco and then later about 1932 and others. Then I just started emailing you direct, and I guess you never knew the screen name, regular name, etc.
Greg
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Hi Greg,
yes, indeed, with the flow of e-mails etc. it gets very confusing sometimes
with all these 'secret' forum-pseudonyms and real names.
I still owe you some -orinoco- news, I am aware.
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Karl / Global E34 M5touring Registry
Actually, I do not know much about the other countries in LA, I'll describe the situation in Brazil (as far as I know, or think I know!).
Not long ago - about 10 years - imported cars were a no-no in Brazil. The ban on imports were in force since the '74 oil crisis! Can you imagine 20 years without imports? During that period we could buy any car, as long as it was VW, Ford, Dodge or Chevy, and later Fiat, made in Brazil. The only semi-official way to drive an imported car was to convince a foreign diplomat to import and then buy from him, after a minimum of two years. It was not unusual for a diplomat to let someone borrow the car for these two years and then transfer ownership .
After '94 (I guess), imports were allowed but import taxes were extra-heavy. It was like a transition period, with quotas also. Not a lot of cars were brought on at that time, since you were paying extra money for the priviledge to be the first on the block driving an imported car.
Next year taxes were lower and the real flow began. There are only two restrictions:
1) car had to be 0km - no used ones allowed!
2) money. Since total taxes are (still) around 100% of the price of the car, you need a lot of money to buy a foreign car - think USD120k for an X5.
Recently a law was passed allowing vintage cars and parts (30-plus years old) to be imported with reduced taxes, but it has to be original and wear a black plate. 2004 is a good year: non-rusting Porsches just began to show up!
As to export from here, I am not sure if someone has ever tried that!! Too much paperwork and stamps. Besides, the good stuff is in Europe and USA. Used imported cars are kind of cheap now, because maintenance is VERY expensive, but still not worth buying because the "sticker price" was twice the price in USA, remember?
The Touring was bought for USD20,000 with 4 brand new rotors and pads, and about 40,000 miles on the clock, so... I don't know how it would compare to your market.
$20k usd and only 40k miles for a 95 M5 Touring! That sounds like a real good deal. I have bought mine in the last year with 70k miles and it was about 20% more than that with transportation and the such. The guy was asking $32 or $33 and I believe this scared off most that would have been interested. I low balled him because it needed front EDC's, tires and a few other odds and ends, and he took it. I think that had he asked high $20's he probably could have had it. Another very! nice M5 Touring was recently on the market for $35 in Texas, and it was gone after a few weeks. Don't know if it sold for sure, but a 95 fitting the description (oxford and black) recently passed emissions and was registered in California. The market here seems very small, but those who want these cars really want these cars.
You have got to be driving the only M5 Touring in Brazil! based on the shear cost of gettting one into Brazil. That is cool. Do people even know what M5's are there, based on the limited number of BMW's to begin with? Enjoy your car, and best of luck with it.
Well, as we know these were very expensive cars, and probably the second or third car for whoever bought it. Hardly daily drivers, especially in Rio and São Paulo, where wealthy people are more and more afraid of driving expensive cars. They were probably driven on weekends, to and from beach houses.
Either that or someone found out how to set the clock back!
There is nice article on the E34 Touring in the Febuary 2005 edition of the UK based magizine - BMW Car. The car featured as Karl knows, he is mentioned in the article is one of thr dealer edition Elekta Itallian market models in British racing green with Tobacco hide.
The picture are pretty good I have not read the whole article so cannot comment on the rest but it has been written by Bob Harper who begins by saying that in his opinion the E34 M5 was the best car ever made by BMW and the Touring just allows more space for dogs.
Just thought I would drop guys a note.
There is nice article on the E34 Touring in the Febuary 2005 edition of the UK based magizine - BMW Car. The car featured as Karl knows, he is mentioned in the article is one of thr dealer edition Elekta Itallian market models in British racing green with Tobacco hide.
The picture are pretty good I have not read the whole article so cannot comment on the rest but it has been written by Bob Harper who begins by saying that in his opinion the E34 M5 was the best car ever made by BMW and the Touring just allows more space for dogs.
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it is the Februari 2005-edition is it ?? I just tried my internet-press-shop but
there it still shows the 2005-01 issue (with the New M6 on front page),
I guess I hv to wait a little longer (waiting for something good.......... ) thks for telling me/us, I had asked 'Bob H.' when the article will be
published but he seems to be busy....
I purchased the magazine this weekend and it is a good article. I would be happy to post you my magazine if you like, and I'll pick up another.
Just my way of saying thanks for the build sheet details for my car :-)
Pls pm me to the same email as for the build details with your address and will pop the latest issue sin the post.