Critics will most certainly be abuzz with the introduction of a new 5 series this year, so let’s take a look back to where it all started, the E12 chassis. This particular example is a very complete, very mint condition example of the range topping 530i model.
The seller states:
Up for auction is our 1976 BMW 533I with 43k original documented miles! We have all the service records to back it up. This vintage bimmer has always been stored properly in a climate controlled garage. A few years back it had a mild make over, new paint, mild engine overhaul, as well as a transmission overhaul. The previous owner was very meticulous, and wanted keep this rare find up to standards. Everything was done professionally. The interior is all original, and is literally like new.
The seats, carpet, and dash are in great shape. The headliner has some discoloration, but is still in good shape. My favorite part of the car is the tool kit. It has the original German tools from day one, and they are in great shape as well. As you can see in the pictures, all the chrome is in great shape. This is a very well preserved piece of BMW history, and always the topic of conversation everywhere you go! The original steel wheels are included in this auction as well. The rims and tires that are on the car are in “like new” condition.
Clean E12s don’t come on the market often so this no reserve sale will give an indicator of where prices are for these sedans. The only thing holding this car back in the enthusiasts eye is the automatic transmission. This could possibly make this more attractive to a certain group of buyers, though.
-Paul
I’d say the respray might also be a problem for the serious car geek. That plus the “mild” engine overhaul. What and why. What did this engine and tranny need at 43K? Was is just appropriate bits due to old age.
I’d agree that the restoration work seems odd. The thing had no bids at $200 ? Too bad it has an automatic. I have always liked how clean and trim this 5 series is.
Auction ended; certainly the seller got an outside offer he couldn’t refuse…