Ending Soon: What We’re Watching

Ending Soon: What We’re Watching

Last week’s What We’re Watching post seemed to be a hit, so I’ve lined up another group of auctions. This time, they’re all affordable no reserve classics (or soon to be?). Care to wager on what each will sell at? Let’s start with a 5-speed Euro Porsche 928.

Click for Details: 1981 Porsche 928

It’s far from perfect, but here’s a 1981 Porsche 928 5-speed in Euro trim. The BBS wheels might look more at home on an early E39 540i, the paint is tired and the engine hasn’t run in some time (and what the heck is up with that shifter surround???) but hey, at time of writing the whole package can you yours for $3,000. Certainly it’s worth at least that in parts?

Click for Details: 1960 Volkswagen Bus

I said “affordable”, right? Well, with VIN tags of 23 Window Sambas selling for upwards of $11,000, this no reserve auction on a lovely restored ’60 seems like a deal. The color combination and condition are spot on, and it will be interesting to see where it ends.

Click for Details: 1993 BMW 740iL

Back to great values, and this 1993 BMW 740iL seems ready to please. It’s got lower mileage, the great E32 shape, a nice color combination and very good overall condition. Usually the big money has been reserved for the follow-up E38, so I think someone will get a great deal on this very nice ’93.

Click for Details: 1988 BMW M5

There’s been a lot of speculation on the 80s BMW M market, so seeing a no reserve auction on an M5 is both rare and offers us the chance to litmus test the market. Usually the cars that come up in no reserve format aren’t the nicest ones out there, but this one generally looks great.…

2001 BMW 740iL

2001 BMW 740iL


The E38 7-series is a firm favorite around these parts, a throwback to the pre-Bangle era in BMW styling’s department, before things got all fussy and bloated. With its angular lines and restrained, good looks, the E38 is a bit like a bouncer in a bespoke suit: brawny but sophisticated looking. Given that many of them were pressed into service as executive transportation, it’s not surprising they mostly appear in subdued colors like black, silver or gray. But every now and again a more adventurously colored car pops up, like this low-mileage example for sale in California.

CLICK FOR DETAILS: 2001 BMW 740iL on eBay

1993 BMW 740iL

1993 BMW 740iL

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Consider this the latest in my series of “nowadays it’s really hard to find an early 90s BMW that hasn’t been trashed, but this one looks good” posts. I’ve always really admired the E32, the iteration of the 7-series built between 1986 and 1994. The very definition of a stealthy, executive express, it’s a big body car that dates from an era of BMW styling which combined angular lines, conservative, teutonic good looks and classic BMW cues like the wide kidney grille and four-lamp headlights. In many ways these cars look a lot like the E34, the 5-series of the same era, just bigger and brawnier.

CLICK FOR DETAILS: 1993 BMW 740iL on eBay

1995 BMW 740iL

1995 BMW 740iL

3What is your tolerance for risk? That’s the question you need to ask yourself if you’re thinking about buying a cheap, high mileage German executive sedan. The used car market is littered with them: cars whose values have fallen so far off a cliff that they can now be had for a fraction of their original price. This E38 740iL is one such car, on sale for just $3,800. Let that sink in for a moment: a mere thirty eight hundred dollars (EDIT: it’s listed even cheaper on their website at $3,100). The yuppie bike store a few blocks from my house sells bicycles that are more expensive than that. Sounds tempting, doesn’t it? Sure, the asking price might simply turn out to be the cost of entry into money-pit hell. But on the other hand, if you go in with your eyes open, and especially if you can turn a wrench yourself, this could be a great deal on a cool car that lets you live out your Transporter fantasies on a shoestring budget.

CLICK FOR DETAILS: 1995 BMW 740iL on eBay

2001 BMW 740iL

2001 BMW 740iL

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I can’t shake dreams of the E38 as a great way to get mega luxury and sportiness for bargain prices. Today’s final-year example comes with the Sport package, forgoing the best suspension tweaks bringing the outstanding visuals of Shadowline trim and M-Parallel wheels. Your 6-foot-plus friends will appreciate the rear legroom while you can enjoy crisp handling, smooth V8 power, and a sumptuous leather interior with decent, pre-iDrive technology. Especially handsome in this Steel Blue metallic and practically new with less than 60k miles, you can get that CEO look for mailboy money here.

Click for details: 2001 BMW 740iL on eBay

2001 BMW 740iL Sport

2001 BMW 740iL Sport

Two large German sedans from the last three decades stand out in my mind as perhaps the most beloved. The Mercedes-Benz W126 S-class and the car you see here, the BMW E38 7 series. While the BMW E32 7 series moved the luxury car chains in the late 1980s, the E38 refined the breed, carrying on the option of the smooth V12 at the top of the range while streamlining the classic BMW styling hallmarks we know and love just a bit. This final year 740iL for sale in Florida has the Sport Package, which includes the sought after Style 37 M-Parallel alloy wheels. Having covered less than 50,000 miles, this burgundy beauty has a lot of life left in it.

CLICK FOR DETAILS: 2001 BMW 740iL Sport on eBay

2000 BMW 740iL Supercharged: REVISIT

2000 BMW 740iL Supercharged: REVISIT

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Back in May, Evan wrote up this 740iL that is a mean machine in both looks and performance. It’s been relisted for two grand less at just under $15k. Maybe it’s the price, or maybe it’s the mileage, or maybe those that are just can’t reconcile an Audi badge used on a Bimmer. Regardless, there are a lot of watchers on this gangster-lookin’ car so maybe it may be poised to sell.

-NR

The below post originally appeared on our site May 6, 2013:

I’ve always thought that the E38 BMWs can look just tops. From some angles these big bodies still look sleek and modern. This one has some nice touches that make it stand out.

Year: 2000
Model: 740iL Supercharged
Engine: 4.4 liter V8
Transmission: 5-speed automatic
Mileage: 135,745 miles
Price: $14,980  Buy It Now

2000 BMW 740iL Supercharged on eBay

2000 BMW 740iLSC

 

This penultimate year of the E38 has almost all the refinements made over the seven year run. It has navigation and Xenon lights for instance. While this car isn’t the flagship 750iL model with the 5.4 liter V12, it has the tried and true 4.4 liter M62 engine. A Vortech supercharger bolted on gives the V8 400+ horsepower. While that might not seem huge in the world of German uber sedans now, remember how big a deal it was with this sedans contemporary, the E39 M5, putting out those same figures.

This is the personal car of the owner of the car dealership so you have to believe it was taken care of. If the list of add ons is any indication I think it is safe to say the owner cared about the car. The full list of upgrades is below, but of particular note are the additions that make this 7 series look better to my eye.…

2001 BMW 740iL

2001 BMW 740iL

While the Mercedes-Benz S class may be the standard bearer for German executive sedans, the BMW 7 series has always been the choice for the more sporting individual, even if the owner is spending most of his time in the back seat. In 2001, as the public learned of the radical design departure of the upcoming 2002 7 series, buyers started a rush to buy what would be the last of the conservatively styled 7 series sedans. It’s rare that a car nearing the end of the production cycle would see a spike in sales, but that’s exactly what happened in the case of the E38 7 series. This 740iL has the M sport package and has clocked just over 60,000 miles.

Year: 2001
Model: 740iL
Engine: 4.4 liter V8
Transmission: 5-speed automatic
Mileage: 61,991 mi
Price: $12,500 Buy It Now

CLICK FOR DETAILS: 2001 BMW 740iL on eBay

This is the nicest, lowest mileage E38 740IL you will find for sale in the Mid Atlantic Area. The car is currently located in Baltimore Maryland. I’m moving out of state and do not have space for this car at my new house.

-One Elderly owner since new
-Virtually spotless inside and out
-2001 is the last year of what most consider the best generation of 7 series.
-Brand new Michelin tires ($1200)
-Sport Package w/M Sport wheels
-Navigation
-Power rear shade
-Recently passed the Maryland State Inspection
-Meticulously maintained. BMW Dealer serviced. Everything is in perfect working order.
-Not a single pixel is out on the dash
-Non Smoker
-All Books/Manuals and original window sticker come with sale.
-Leather is soft and in perfect condition.
-No cracks to the dash or wood veneers
-Paint is in outstanding condition.
-Garage kept its entire life.
-No Accidents.

2000 BMW 740iL Supercharged

2000 BMW 740iL Supercharged

I’ve always thought that the E38 BMWs can look just tops. From some angles these big bodies still look sleek and modern. This one has some nice touches that make it stand out.

Year: 2000
Model: 740iL Supercharged
Engine: 4.4 liter V8
Transmission: 5-speed automatic
Mileage: 135,745 miles
Price: $16,980  Buy It Now

2000 BMW 740iL Supercharged on eBay

2000 BMW 740iLSC

 

This penultimate year of the E38 has almost all the refinements made over the seven year run. It has navigation and Xenon lights for instance. While this car isn’t the flagship 750iL model with the 5.4 liter V12, it has the tried and true 4.4 liter M62 engine. A Vortech supercharger bolted on gives the V8 400+ horsepower. While that might not seem huge in the world of German uber sedans now, remember how big a deal it was with this sedans contemporary, the E39 M5, putting out those same figures.

This is the personal car of the owner of the car dealership so you have to believe it was taken care of. If the list of add ons is any indication I think it is safe to say the owner cared about the car. The full list of upgrades is below, but of particular note are the additions that make this 7 series look better to my eye. The M parallel wheels and Eibach lowering springs give it the stance that I really like to see on an E38. The AC Schnitzer and Hamann body kit parts also help. The new coat of paint and black color on this helps give a sleeker look that other E38 models don’t have due to  all, but 2001s having matte black rocker panels and lower air dams. I like the single color scheme much better than the factory two tone.

Widescreen Navigation with MK4 NAV computer $ 1500

VF Engineering Supercharger (with ECU Reprogram $ 8,000

Bavarian Sound Werks Stage 1 Sound system upgrade with iPod Dock $ 1000

New Front & Rear Shocks and Lowered eiBach Springs $ 1500

Brembo Cross Drilled Rotors and Brake Pads $ 1500

Full Tune Up with Complete Engine Flush $ 700

Alcantera Suede Custom Headliner $ 1000

Tioming Belt replacement, Front and Rear Crank Seal, coolant passages seal, water pump $ 2800

New ABS Pump $ 1500

Map Cooling Cam Sensor Replace $ 900

Throttle Body Replaced $ 600

Complete Sapphire Black Metallic Paint Job $ 4000

Sunroof Motor Replaced $ 1200

Full Leather 750il Leather Dash $ 800

Replace Blower Motor $ 800

3M Ceramic Tint $ 400

Angel Eyes Ring Xenon Headlights $ 1000

Compression Test and Full check at BMW Dealer $ 600

BMW Original Wood Steering Wheel $ 700

AC Schnitzer Front Bumper and Valance $ 1200

Rear Spoiler by HAMANN $ 500

Total Upgrades and Service Over $ 32,200 !!!

2001 BMW 740iL

2001 BMW 740iL

Black and silver are safe colors for large, German luxury sedans. Highly desirable and easy to sell on. However, a few cars slip through the cracks with more flamboyant hues, inside and out. While this BMW 740iL has a relatively understated Midnight Blue exterior, the interior is what sets this car apart. The Oyster leather with navy blue piping, blue carpeting and other blue and oyster accents appear to be straight out of a high end yacht. I think it looks great on this particular E38, a model that is still revered by many enthusiasts.

2001 BMW 740iL on eBay

2001 BMW 740iL. Rare Oyster Interior. There is still plenty of tread left on the tires. The paint has a showroom shine. This vehicle is fully-loaded. With just 75962 miles, this car is barely broken in. 100% CARFAX guaranteed! 100% AutoCheck guaranteed! Very clean interior! Still has the new car smell! The transmission in this vehicle shifts very smoothly. All electronic components in working condition.

The buy it now price of $16,000 is a few grand overpriced. If this was a perfect car, owned by a collector and fully documented, I could possibly see it. But given that it’s just another dealer who happened to get his hands on a unique 740iL, well, there would have to be some concessions in order to offset any repairs and maintenance that might need doing in the near future. Given a good tidying up and a clean bill of health, I would love to have something like this. The E38 is one of those timeless designs that will be an icon of luxury for years to come.

-Paul…