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B12 on ebay
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I think the owner is slowly starting to realize that other people don't value his car the same...
http://www.m5board.com/vbulletin/showthread.php?t=91303
http://www.m5board.com/vbulletin/showthread.php?t=91303
I hope the Canadian market puts a premium on exclusivity. In the UK he'd be very lucky to achieve £5k, which is half of his 'buy it now' price.
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671 Posts
Explain the lack of value thing to me for this car. I hate to ask what original price was
too many made?
Problematic?
Automatic?
not desireable?
too many made?
Problematic?
Automatic?
not desireable?
Don't get me wrong...like most Alpinas it's quite a desirable car. And maybe in 10-15 years it will be valued as such. However it suffers the fate of most large German cars...horrendous deprecation and a very small enthusiast community.
The way the E32 B12 5.0 is valued is strongly linked to the value of the E32 750i...which is currently very very low...
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For the Canadian market his BiN price is pretty good. Much better than the $45k he was asking last year at this time (of course the CDN$ relative to the US$ is much better now as well, though not the same for the Euro).
Given its Japanese origin there are a few factors to consider. The likely Japanese asking price for this car would have been from 1.2-2 million yen, depending on its condition and origin (was it a Nicole import or 3rd party). That's about 12k-20k Canadian. Adding the costs associated with getting it into Canada, taxes paid, and it'd be around $16k-27k all up. Japanese cars are low miles (km) and generally mostly city driving (they love autos by the way, and I've even seen an M635 converted to auto advertized thereoohhh.
The biggest problem is figuring out the market here. While it's pretty easy to sell a BMW, rare models and models that were never officially imported are tough to read. They are enthusiasts cars, and enthusiasts are a tough crowd. The "professional" appraisal sounds to me like he paid a guy used to appraising old Mustanks and 'Cudas, who was stumped on his on-line research. As I said, his BiN is in keeping with the Canadian market, but he'd still better be patient. Not many people know what the difference is between this and a $4k 750iL.
Oh, and if I had the dosh, I'd consider making a reasonable offer on it.
Given its Japanese origin there are a few factors to consider. The likely Japanese asking price for this car would have been from 1.2-2 million yen, depending on its condition and origin (was it a Nicole import or 3rd party). That's about 12k-20k Canadian. Adding the costs associated with getting it into Canada, taxes paid, and it'd be around $16k-27k all up. Japanese cars are low miles (km) and generally mostly city driving (they love autos by the way, and I've even seen an M635 converted to auto advertized there
oohhh.The biggest problem is figuring out the market here. While it's pretty easy to sell a BMW, rare models and models that were never officially imported are tough to read. They are enthusiasts cars, and enthusiasts are a tough crowd. The "professional" appraisal sounds to me like he paid a guy used to appraising old Mustanks and 'Cudas, who was stumped on his on-line research. As I said, his BiN is in keeping with the Canadian market, but he'd still better be patient. Not many people know what the difference is between this and a $4k 750iL.
Oh, and if I had the dosh, I'd consider making a reasonable offer on it.
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