The 2002 Turbo is not the type of car that you typically ‘roll the dice’ on. With asking prices for many at or over $100,000 today, they’re one of the established royalty of the storied halls of BMW. The KKK turbocharged slapped on the M10 resulted in a Corvette-killing 170 horsepower in the mid-70s. This was cutting-edge technology as one of the first turbocharged production cars and required the efforts of BMW’s Motorsport division to pull it all off. With just 1,672 produced, they’re rare as proverbial hens’ teeth too.
Yet here is a claimed example that has been restored and is being offered at no reserve, with bids sitting at just $13,100 at time of writing. Is this the deal of the century, or is something amiss?
With only 1,672 produced now some 45 years ago, your odds of coming across a 2002 Turbo today are fairly unlikely. Yet over the past few years I’ve taken a look at a steady stream of the legendary hot E10. While the M5 is often credited with being the first real ‘super sedan’, a decade before that model launched BMW’s fledgling Motorsports division breathed heavily on the diminutive 2-door sedan, creating a pint-sized sports car killer. I covered what made it so special back in 2017:
1974 BMW 2002 Turbo
The third 2002 we’ve looked at in three weeks, this is one that definitely ticks the right boxes as the collector car left out of the EAG Legends collection. But what will it take to buy today?
Most of our ‘Roll the Dice’ series involve cheap asking prices, needy restoration candidates, or oddball cars that are great values. This is not one of those.
The BMW 2002 is a legendary giant killer, and the predecessor of the market darling M3. Introduced before the M1 and 3.0CSL, BMW’s Motorsport division designed and modified the E10-based model to such an extent that it received its own model code – E20. A KKK turbocharger was fit to the M10 2.0 inline-4, generating 8 lbs. of boost at 3,500 rpm and a screaming 170 horsepower. Only available in two colors, the expensive ($6,600 list price in 1974) 2002 Turbo sold in scant numbers – a total of 1,672 were produced. And since all things special BMW are highly prized in today’s market, you can bet that when 2002 Turbos come to market, those in the know take notice.
So, how is this one a ‘Roll of the Dice’?