Do you want to stand out in the vintage German crowd? There are plenty of expensive ways; drop a couple of million on a barn find 300SL Gullwing and everyone will be talking about you. But, say you don’t have a few million? Well, even for the modest budgeted enthusiast, many of the classics are heading out of reach. In the world of BMWs, vintage 3.0s are heading towards six figures for the best examples and even the 2002 – the car that started the craze of BMW’s sport sedan heritage – can be an expensive proposition for an average enthusiast. If you want a really nice example, you’ll be spending between $25,000 and $30,000 for a good carburetor example. Tiis are even more highly sought, pushing $50,000 for the best examples. Even a top condition lowly Isetta can run over $40,000. That doesn’t mean you’re pushed out of the classic BMW market if you’re not made of money; witness the BMW 2000, the semi-forgotten sports sedan that shared much of its architecture with the 2002 but offers 4-door sports sedan practicality:
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To me it’s always a bit interesting to talk about people’s motivations in getting a particular car, especially so when that car is a classic. For example, consider my Audi GT versus a Quattro. These days, if you can find one a mint condition Audi GT will set you back around $6,000 – $8,000 for the very best examples we’ve seen. However, that amount may get you a wreck of a Quattro, but likely not a particularly drivable example. In terms of driving experience, the GT is out of the box 90% of the Ur-Quattro experience for 90% plus of the time. Brought to a show, many non-Audi folks could probably not tell them apart. Yet, in terms of value gap, the iconic Quattro far outstrips the classic GT. We see it in other areas, too – for example a 73 911S versus a 77 911S, a E28 535is versus a M5, or even a 325is versus an M3. If you’re smart with your money, choosing the lesser example may not get you the headlines, but stretching your budget to get into a less serviceable iconic car is not likely to bring you more happiness, only more headaches. Take the two 2002s we have here; a freshly rebuilt, ready to roll 2002Tii and a somewhat tired, restoration ready 2002 Turbo: