Just joined the group. Currently own an '06 328xi, and ready to buy my 2nd BMW.
Test drove a used '89 325i convertible yesterday. I love the way this car looks and feels, however I'm not familiar enough with the vehicle to be able to know it's true value.
The car will undoubtedly need some work eventually. The paint is starting to dull, and there are a few small tears in the roof (less then the width of a fingernail. The front seat leather is worn, and will be replaced eventually...but no tears that I saw. My biggest concern is a small rusted hole on the lower part of the driver side corner panel, against the drivers door.
Mechanically, it felt alright. Needs an alignment, a lot of the engine components looked newer as well. I'm picking it up this afternoon to bring it to my own mechanic to get checked out...I'll be sure to report his findings. (Since the car is at a chevy dealership...they don't know much about the car.)
Here is a link to the car (hoping no one here swoops in and buys it first!
) Cars for Sale: 1989 BMW 325i Convertible in Sterling Heights, MI 48313: Convertible Details - 321892490 - AutoTrader.com
SO my question...what should I offer? Was thinking 4.5k and see where that goes? The worst he can say is no, right? I see myself making improvements to the car slowly...is this a good investment to make?