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The shark-nosed E24 looks good in just about any color, but red always seems extra appropriate. From more than a few angles the Paul Bracq design cuts some Ferrari-worthy lines, and the S38 engine helped it streak down the roads with similar power and performance to the contemporary Italian 328. Thanks to the good looks, considerable speed, and increasing coveting of early M models, we’ve seen prices for these fast and luxurious GTs start chasing the E30 M3.
This red example has just 54k miles, making it one of the nicest on the market. We should expect nothing less from Hemmings, one of the most reputable names in classic cars. It has all of the documentation from new, but isn’t quite all-original. The self-leveling rear suspension has been replaced with conventional shocks, a reasonable update for longevity and maintenance. OEM+ BBS wheels are the other update, giving a little deeper dish and allowing for more modern tire sizes while looking almost identical. The original shocks are included in the sale in case you want to go old-school, but the original wheels are not. The Lotus White interior is very nice, but not the most attractive color. Low miles and nearly perfect condition mean the seller is shooting high and looking for almost $50k.
Sellers of automobiles – specifically, most second hand dealers – always interest me. It seems that seldom they do the research to properly sell a vehicle. Perhaps when it comes to a brand new Kia, research just isn’t really necessary – but a 30 year old classic German car? Is some description better than no description? Sure, I guess at least there was an attempt made. But, if very little to none of the information actually applies to the model, I guess I’d err on the side of maybe it would just be better off with no description and just some pretty photos. At least in that case, I’d be annoyed that no effort was made to explain what I was looking at, but an effort made that misrepresents the product or just shows a lack of attention to detail? Now, that I find even more annoying. It’s much like plagiarism; I’d rather receive a poor quality essay on the right topic than an award winning lifted essay on the wrong topic. So, let’s look at this strangely portrayed E24:
Perspective is an interesting thing. This came to mind when considering this E24 for several reasons. First off is how some people like certain perspectives of cars more than others. For me, the best angle of the E24 is the 3/4 rear shot, which accentuates the flowing roofline, the subtle drop in the trunk, and tucks the long hood in just slightly while not masking it. It makes the car look both elegant and aggressive. However, to this car’s seller, the best perspective is clearly the front as there are no less than seven pictures of the front of the car but effectively none of the side or rear that are at all meaningful. Now, perhaps that wouldn’t matter much to a perspective buyer of this European specification 1983 635CSi if the price were quite aggressively low. Instead, though, it is quite aggressively high, which brings me to my second point about perspective. That is, how much a car is worth is really a perspective of both the seller and the buyer. It would seem that amongst more rare models, the initial attempt at pricing generally seems like a Hail Mary – a hope that someone, somewhere will say “That’s the car that I want, regardless of price” and ante up. Obviously, what a car is worth to the seller in terms of either sweat equity or sentimental value does not necessarily equate to market value for a buyer except in rare occasions. So, let’s consider today’s 635CSi:
The market has spoken, and the 1983 European-spec Porsche 928S 5-speed I wrote up back in August is still available having been relisted several times. Pricing has dropped $400 to just below $10,000 since August; surprising given the perceived lack of interest over that time. While there are some issues to sort overall this still looks like a pretty decent and rare Porsche to get into with 1980s 911 prices now rapidly heading up. What price would you pay for this neat bit of Euro goodness and would you keep the 944 Turbo alloys or run the original forged “manhole covers”?
The below post originally appeared on our site August 10, 2014:
Black wheels. Do you know what they look good on? Porsche 917s, and a smattering of the 911 and 944 models that came with black and polished Fuchs. And, perhaps the “Bluesmobile”. That, as far as I can figure, is it. Don’t get me wrong, I understand one aspect of the appeal of the black wheel. The last 20 years of my life have been a constant struggle of cleaning brake dust off of brilliant silver wheels. Would it be easier to just paint them matte black and never worry about it again? Sure, it would end my Sisyphusian struggle against pad deposits on my wheels. But then, I’d stand back and look – and I’m quite sure, every time I would shake my head. No, it just doesn’t look right to me – even when they’re very expensive wheels on an otherwise stunning car: