A very expensive M6 at Bonhams auction

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Lopena
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A very expensive M6 at Bonhams auction

Post by Lopena »

Tomorrow, 3/9, Bonhams will auction off a red 1987 M6 at their Amelia Island auction. This car has only 7,000 miles on it and carries an auction estimate of $100,000 - $120,000! This will be Lot #140. You can watch the auction live on the Bonhams website.

Alan
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BlackBetty
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Re: A very expensive M6 at Bonhams auction

Post by BlackBetty »

I have first hand knowledge of this car, can definitely vouch for authenticity.......There is a lot more to the story on this car then "sat around for 30 years"... I have sat in this car, and can say, its probably as close to new as you can get... definitely all original...... wondering if they got it running? I know it had not ran in 20 years...
Pete
1988 Black 635 csi, 130 k miles
sixxxer
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Re: A very expensive M6 at Bonhams auction

Post by sixxxer »

Still 120 000 .. is plain stupidity ....
brickwhite
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Re: A very expensive M6 at Bonhams auction

Post by brickwhite »

What are 911's going for??? We can hope can't we?
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zinnocoupe
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Re: A very expensive M6 at Bonhams auction

Post by zinnocoupe »

The write up says it runs as it should. Will interesting to see what happens
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zinnocoupe
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Re: A very expensive M6 at Bonhams auction

Post by zinnocoupe »

This M6 on ebay was built 20 cars before the Bonhams car. Its a "high" mileage car at 36K and "cheap " bidding only up to $42K :D

http://www.ebay.com/itm/1987-BMW-M6-Bas ... NR&vxp=mtr
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dwcains
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Re: A very expensive M6 at Bonhams auction

Post by dwcains »

Now that's a nice-looking M6, and it deserves a premium price.
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Lopena
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Re: A very expensive M6 at Bonhams auction

Post by Lopena »

Just hammered sold at $95,000 not including 10% buyer's premium.
BlackBetty
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Re: A very expensive M6 at Bonhams auction

Post by BlackBetty »

$95k, well it was as new as you can probably find, I swear it still smelled new...... wonder what the original purchase price would be in todays Dollars?
Pete
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Re: A very expensive M6 at Bonhams auction

Post by Pod »

BlackBetty wrote:$95k, well it was as new as you can probably find, I swear it still smelled new...... wonder what the original purchase price would be in todays Dollars?
Pete
Did Wayne Carini buy it :wink:
Lopena
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Re: A very expensive M6 at Bonhams auction

Post by Lopena »

Based on an original as-tested price of $58,720 (per Car and Driver magazine in 1987), that amount would be equivalent to $125,524 in today's dollars, adjusted for CPI inflation.


BlackBetty wrote:$95k, well it was as new as you can probably find, I swear it still smelled new...... wonder what the original purchase price would be in todays Dollars?
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Re: A very expensive M6 at Bonhams auction

Post by hornhospital »

Pod wrote:Did Wayne Carini buy it :wink:
I hope so. It would probably end up on the Chasing Classic Cars show.
Ken Kanne
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dwcains
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Re: A very expensive M6 at Bonhams auction

Post by dwcains »

I'd like to know if the buyer was a private party or another dealer. Lots of shill bidding goes on at some of these large commercial auctions, but I couldn't say Bonham's is in that group of scammers. Mec*m surely is. Sue me.
Dean
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Shipper 01
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Re: A very expensive M6 at Bonhams auction

Post by Shipper 01 »

Lopena wrote:Based on an original as-tested price of $58,720 (per Car and Driver magazine in 1987), that amount would be equivalent to $125,524 in today's dollars, adjusted for CPI inflation.


BlackBetty wrote:$95k, well it was as new as you can probably find, I swear it still smelled new...... wonder what the original purchase price would be in todays Dollars?
Pete
Depending on CPI, it could be as much as $140k. Still, well below the price of a new M6. Good to see them getting close to the $100k barrier. I remember when mid$30k was the go with a showroom example at $48k. Doubled in price since 2009.
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