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Adventures with Used Car Dealers

Most coupe shoppers who have been looking long enough have probably had to deal with a used car dealer or two. Most are stand-up shops with good employees, others are a little more stereotypical. I had such an experience a couple weeks ago. I thought I'd share some lessons learned.

I had been out of town at a conference all week and was sitting in the airport waiting for my flight when a new coupe listing caught my eye. The first thing I noticed was the location: Longmont, CO just 30 miles from my house. Next was the price: $14,995. The color combo of Boston Green over Dark Beige Oregon is one I haven't been around much and definitely interesting. The mileage of 72,000 was much lower than I expected for the price and the photos showed it to be nearly all original and in above average condition. I decided with it's location, it was too good of an opportunity to pass up.

 

Market Update - May 30, 2014

This week’s overview of what’s happened in the M Coupe market. May 30, 2014.

Currently Listed: 41 Average Asking Price: $24,266.47
S52: 35 S52: $21,536.10
S54: 6 S54: $36,358.14
 

Market Update - May 23, 2014

This week’s overview of what’s happened in the M Coupe market. May 23, 2014.

Currently Listed: 43 Average Asking Price: $24,141.10
S52: 36 S52: $21,405.84
S54: 7 S54: $35,082.13
 

Market Update - May 16, 2014

This week’s overview of what’s happened in the M Coupe market. May 16, 2014.

Currently Listed: 41 Average Asking Price: $23,252.45
S52: 35 S52: $21,132.41
S54: 6 S54: $34,559.33
 

Market Update - May 9, 2014

This week’s overview of what’s happened in the M Coupe market. May 9, 2014.

Currently Listed: 38 Average Asking Price: $23,885.92
S52: 32 S52: $21,334.57
S54: 6 S54: $36,642.67
 

Market Update - May 2, 2014

This week’s overview of what’s happened in the M Coupe market. May 2, 2014.

Currently Listed: 39 Average Asking Price: $23,446.16
S52: 34 S52: $21,379.75
S54: 5 S54: $36,671.20
 

Market Update - April 25, 2014

This week’s overview of what’s happened in the M Coupe market. April 25, 2014.

Currently Listed: 36 Average Asking Price: $24,127.18
S52: 28 S52: $20,076.27
S54: 8 S54: $37,292.63
 

Market Update - April 18, 2014

This week’s overview of what’s happened in the M Coupe market. April 18, 2014.

Currently Listed: 36 Average Asking Price: $24,106.12
S52: 29 S52: $20,232.07
S54: 7 S54: $39,048.86
 

LK60219 - Part 2

As most probably remember, I talked my dad into buying an S54 M Coupe last summer (I'm sure he knew it would happen eventually). It turned out to be in much better shape than we even hoped with the biggest surprise being the TC Kline D/A coilovers and camber plates with a later discovery of IE subframe bushings. Yep, we sort of won the unknowing Toyota dealership lottery. At 73,000 miles, it was not perfect however, and I've been working over the last 9 months to make all the needed corrections to make it feel as much like my coupe as possible.

 

Market Update - April 11, 2014

This week’s overview of what’s happened in the M Coupe market. April 11, 2014.

Currently Listed: 35 Average Asking Price: $24,632.81
S52: 27 S52: $19,990.65
S54: 8 S54: $37,979.00
 

Market Update - April 4, 2014

This week’s overview of what’s happened in the M Coupe market. April 4, 2014.

Currently Listed: 33 Average Asking Price: $23,661.28
S52: 27 S52: $19,623.26
S54: 6 S54: $39,140.33
 

Market Update - March 28, 2014

This week’s overview of what’s happened in the M Coupe market. March 28, 2014.

Currently Listed: 33 Average Asking Price: $24,309.29
S52: 27 S52: $20,264.45
S54: 6 S54: $39,140.33
 

Market Update - March 21, 2014

This week’s overview of what’s happened in the M Coupe market. March 21, 2014.

Currently Listed: 35 Average Asking Price: $24,106.70
S52: 29 S52: $20,639.96
S54: 6 S54: $37,973.67
 

LC60348 - Part 4: Detailing & Dyno

So far we've transformed the exterior of the coupe to a 100% stock appearance and the interior with a clean and functional hatch. It's dramatically safer with brand new rotors and pads and the engine is healthy with new fluids and fully functioning oil lines. The final step in the process is to clean up the final exterior details, test how powerful the supercharger really is, and find this coupe a new loving home.

 

Market Update - March 14, 2014

This week’s overview of what’s happened in the M Coupe market. March 14, 2014.

Currently Listed: 28 Average Asking Price: $24,027.42
S52: 22 S52: $19,793.55
S54: 6 S54: $38.140.33
 

LC60348 - Part 3: Mechanicals

With all of the DIY fixes completed, it was time to bring the coupe in to our friends at PTech to get their professional opinion. We took a bit of a risk buying this coupe without a proper PPI, so I was anxious to finally get it professionally inspected.

 

LC60348 - Part 2: DIY

It's time to update you on the status of our project coupe! Once I got the coupe to San Ramon after a long spirited drive, I called Performance Technic to schedule an appointment for an overall inspection. They were booked for another couple weeks, so I figured I'd tackle what I could on my own before bringing it into the shop for the bigger projects.

After some discussion with Jon and Rick, we concluded that a major objective with this coupe would be to return the exterior to 100% stock appearance to maximize the appeal for the future owner. I look at a stock appearance as sort of a "blank canvas" that the new owner can modify how he/she sees fit without being distracted by the previous owner's modifications

 

Market Update - March 7, 2014

This week’s overview of what’s happened in the M Coupe market. March 7, 2014.

Currently Listed: 34 Average Asking Price: $23,226.10
S52: 27 S52: $19,335.43
S54: 7 S54: $38.140.33
 

Market Update - February 28, 2014

This week’s overview of what’s happened in the M Coupe market. February 28, 2014.

Currently Listed: 31 Average Asking Price: $24,410.12
S52: 23 S52: $20,253.74
S54: 8 S54: $35,691.71
 

Market Update - February 21, 2014

This week’s overview of what’s happened in the M Coupe market. February 21, 2014.

Currently Listed: 33 Average Asking Price: $24,330.21
S52: 26 S52: $20,969.27
S54: 7 S54: $34,893.14
 

LC60348 - Part 1: Introduction

It’s my pleasure to introduce the third M Coupe Buyer’s Guide Project Coupe!  

We came across this 1999 Arctic Silver over Dark Gray coupe for sale in Fullerton, CA not long after our last project coupe was sold. There weren’t many pictures in the craigslist ad (7), but from what we could tell it was in good condition. We ran a Carfax on the coupe, showing it started it’s life in Pennsylvania and was sold in 2010 to it’s 2nd owner in SoCal and quickly made it over to it’s 3rd owner in 2012 (the seller). It also only had 53k miles.

 

Market Update - February 14, 2014

This week’s overview of what’s happened in the M Coupe market. February 14, 2014.

Currently Listed: 36 Average Asking Price: $24,677.03
S52: 29 S52: $21,016.72
S54: 7 S54: $37,749.57
 

Emancipated Navigators

Rupert was one of those couple visionaries who special ordered his S52 in steel gray before the color became officially available. I especially like seeing the color with hypersilver roadstar wheels and the S52 flat ///M badge. Here's his story:

On January 6, 1999 I attended the Los Angeles Auto Show and was about to become an “Emancipated Navigator.”  I had no idea what that was, an honestly, I still don’t.  My very first BMW automobile was responsible, and here is the story.

 

Helplessly in the Grip

Henry is able to put into words what so many of us feel about our coupes.

Okay, is anyone else as helplessly in the grip of this car as I am?

I found mine a little over a year ago and I am just goofy stupid in its thrall. I do this kind of thing on Saturday mornings:

 

All Dressed Up and Nowhere to Go

This was the first year since I bought my coupe that it did not work out to go to Dorkfest. Leaving my wife with a 5 year-old, 3 year-old, and 4 month-old to go be dorky just didn’t seem very thoughtful. I was also unable to come up with an economical way to get us all out to California either. What’s a guy to do?

 

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Jon Martin
Fort Collins, CO
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