BMW 1602 project but how much to offer? *bought*

[Woofwoof]

I've owned a couple of 2002's (a'73 & '74) many, many moons ago and would still love to have one now. But that particular car I personally wouldn't touch unless it's sub 500 quid and I'd still only use it for parts.

A worthwhile project '02 start at three grand from what I've seen.

Then again it's always nice to save an old motor....

[Woofwoof]

Oct 8, 2018 16:28:19 GMT peteh1969 said:

£2K would be a fair price to offer but expect to spend at least £12K more to get it 100% unless you intend to do the body work (welding/prep) yourself but done right you could have a £20K car at the end as they are going up in value all the time, don't forget with a car like that Standard + Better value at the end regard less of weather you are doing it for profit or to keep.

Three years project time period if your lucky.

I agree with 100%, except for the £2k.   

[duggers]

If you are happy to spend a LOT of time and money, even to keep it patinated but roadworthy, go ahead otherwise as others say £500.

Also as a 1602 its rare, but not at the top of values even in good order when compared to 2002 versions.

[dickie12]

Oct 18, 2018 20:13:06 GMT rsmithy626 said:

ok so he text me back saying £600 and i can have it including a load of spare parts. i think me and a mate are gonna go and have a proper look at it, inside and out, and see what it's really like, i mean it won't hurt to have a good look I'm not obligated to buy it. i will keep all of your advice in mind though and if it is just a basket case i will leave it... 

id say £600 is a steel for one of them ive been looking for one in my price range for awhile now i bet if you washed it and pumped the tyres up and stuck it on ebay as a project for £1200 it wouldn't stay around long

[shielsy68]

don't waste time thinking pull the arm of him you could double your money doing nothing

[surprisingskoda]

Oct 18, 2018 20:13:06 GMT rsmithy626 said:

ok so he text me back saying £600 and i can have it including a load of spare parts. i think me and a mate are gonna go and have a proper look at it, inside and out, and see what it's really like, i mean it won't hurt to have a good look I'm not obligated to buy it. i will keep all of your advice in mind though and if it is just a basket case i will leave it... 

If you don't buy it, would you pass his details on please?

[djefk]

Oct 18, 2018 20:50:14 GMT shielsy68 said:

don't waste time thinking pull the arm of him you could double your money doing nothing

Agree with this, it’s easily worth that much as-is and at the very least (assuming you have space), would represent an excellent move to both save you in, and make you money from parts if you then bought another as a viable project.

How would you transport it?

[rsmithy626]

[Rob M]

Oct 21, 2018 15:17:35 GMT rsmithy626 said:

Well that all went about 63 trillion percent better than I assumed it would!!!
Good one!!

[Woofwoof]

Congrats!

[Deleted]

Didn't expect to see that - nice one!

[djefk]

Congrats on striking a deal - Can you do a detailed inspection and take us along for the journey?

[rblote]

It's a yes from me!!

[rsmithy626]

It's really not bad at all, needs welding in a few places obviously, the worst bit being the drivers sill and a small part of the floor pan. Considering it's been sat for 11 years it rolled off the guys driveway no problem and turns over just fine, even all the lights still work. It's pretty much all there, just missing a few little bits like interior door handles/cards, one window winder and that's pretty much it. Gonna have a little tinker with it soon and try and get her to fire up.

[Mercdan68]

Well saved , looking forward to updates on this
Good luck with it chap

[shielsy68]

well done looks even better with tyres blew up

[shielsy68]

pics of under bonnett and boot

[skkylinedave]

I think you could maybe get it running and driving and sort out the localised paint and rust and just use it as it is without spending a fortune . More in a ' survivor' state than restored .

That would be my plan anyway .

Nice to see you have got a a good deal and bringing it back from the scrapheap , heaven knows how long it might have stayed there .

[Woofwoof]

Oct 22, 2018 19:48:06 GMT rsmithy626 said:

It's really not bad at all, needs welding in a few places obviously, the worst bit being the drivers sill and a small part of the floor pan. Considering it's been sat for 11 years it rolled off the guys driveway no problem and turns over just fine, even all the lights still work. It's pretty much all there, just missing a few little bits like interior door handles/cards, one window winder and that's pretty much it. Gonna have a little tinker with it soon and try and get her to fire up.

That sound promising. Great stuff. Looking forward to updates. 

[shielsy68]

strip it to the bare bones do a proper resto ,