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What to do with 1983 BMW 745 Euro???

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billy bee
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What to do with 1983 BMW 745 Euro???

Post by billy bee » Sat Nov 30, 2019 3:00 pm

We recently picked up a 1983 BMW 745 Euro with 230k on the clock. It is not running and has not run for years, but it is in really nice condition.

Image

It was meticulously maintained by Hardy and Beck, and we spoke to the mechanic who worked on the car. He says it is solid. However, there are $800 in CA DMV back fees on it, which we will have to pay in order to do much of anything with the car. So, we are at odds as to how to move forward. Interested in your thoughts...

A little backstory: we acquired a 1981 633 5-speed (The Shark) for $500 last year that we are building for 24 Hours of Lemons. We have autocrossed the car a few times and it runs and drives well enough that we think it might survive the race. Our first Lemons race with The Shark is next weekend at Sonoma.

So, when we were offered the 745, we thought we'd pull the M106 turbo engine and swap it into The Shark. However, when we saw the car, we thought it might be too nice to molest. It has a long list of goodies on it, starting with that M106 engine, limited slip, adjustable rear anti-roll bar, buffalo hide interior, Hardy and Beck wheels, beautiful Euro bumpers, stainless exhaust, near perfect buffalo hide interior... The list goes on.

Additional pics:
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Here are our options as I see them:
Take the engine, ltd slip, and a few other bits for The Shark, and part out the car. Probably get a few thousand bucks out of it before we'd have to junk it. Of course, in order to junk it, we'd have to pay the $800 in back fees and get a clear title. But it seems like a waste to part out such a beautiful car. We would end up with some cash to put towards The Shark.

Or...

Get the car running/driving and sell it. It has some bad vacuum lines and probably needs some fuel lines, but we think we can get it running/driving pretty easily. The buffalo hide is good, but there are the usual cracks in the dash and other plastics on the doors. So, it's not perfect, but it will make somebody a very nice highway cruiser. We would use the money to fund The Shark build. I bet we'd have to put $500 into it, plus the back fees. It might sell quickly for $3500.

So, throwing this out for fun: what would you do with the car?

--bb

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sansouci
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Re: What to do with 1983 BMW 745 Euro???

Post by sansouci » Sun Dec 01, 2019 9:28 pm

Fix it and let the buyer pay the CA fees (or can you sell it out of state to re-register?)
Sansouci
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Pod
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Re: What to do with 1983 BMW 745 Euro???

Post by Pod » Sun Dec 01, 2019 11:59 pm

It is a rare car and should be restored, in my opinion.

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tschultz
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Re: What to do with 1983 BMW 745 Euro???

Post by tschultz » Mon Dec 02, 2019 6:48 pm

Pod wrote:
Sun Dec 01, 2019 11:59 pm
It is a rare car and should be restored, in my opinion.

I agree. Even for lemons the turbo engine will not be reliable enough for you to be competitive, especially when the turbo or wastegate fails. The most important thing there is running reliably and making lap after lap. So I would say upgrade to M30B35 if you want more speed, otherwise keep the engine as is.

Hardy and Beck is an interesting story to go along with the car...

Pasocb
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Re: What to do with 1983 BMW 745 Euro???

Post by Pasocb » Mon Dec 02, 2019 8:38 pm

PM sent.
1981 635 Hennarot
1980 635 Polaris (Project)

billy bee
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Re: What to do with 1983 BMW 745 Euro???

Post by billy bee » Tue Dec 03, 2019 8:30 pm

tschultz wrote:
Mon Dec 02, 2019 6:48 pm
...the turbo engine will not be reliable enough for you to be competitive, especially when the turbo or wastegate fails. The most important thing there is running reliably and making lap after lap.
Our other engine option is from a 2003 330. That would make good power and be reliable.

We are planning on getting the car running and seeing where we stand with it. We will start with fresh gas, a battery, some fuel lines, and some vacuum lines. It's also possible that the fuel pumps are bad. They don't like sitting. We can replace the two pumps with one Walbro. That's what we did with The Shark. So, that represents about $200 in parts to see if we can get it going.... Well worth doing.

--bb

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zinnocoupe
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Re: What to do with 1983 BMW 745 Euro???

Post by zinnocoupe » Wed Dec 04, 2019 3:46 am

That is a very cool and rare car. Well worth getting going and passing on to someone else to restore. If you are a member over on mye28 there seems to be a fair bit of interest in e23s. More pics please
Image
1979 Euro 635ci no longer a basketcase, just a running rust bucket!
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billy bee
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Re: What to do with 1983 BMW 745 Euro???

Post by billy bee » Wed Dec 04, 2019 4:22 pm

zinnocoupe wrote:
Wed Dec 04, 2019 3:46 am
If you are a member over on mye28 there seems to be a fair bit of interest in e23s. More pics please
I'll look at the traffic on mye28. It'll be a few weeks before we jump on the 745. But I'll get more pictures posted.

--bb

billy bee
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Re: What to do with 1983 BMW 745 Euro???

Post by billy bee » Thu Dec 05, 2019 3:54 am

I only took a few pictures while the car was on my friend's lift. But here they are...

The coveted Hardy and Beck wheel:
Image

Chewed vacuum lines and acorns and rat poop:
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Although it is impossible to read, here is the "S" tag on the diff:
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Sexy Euro front bumper and grille:
Image
Image
Image

The rear bumper is not as sexy, but everything is in really good condition:
Image

I'll post more pictures after Sonoma...

--bb

dmac156
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Re: What to do with 1983 BMW 745 Euro???

Post by dmac156 » Thu Dec 05, 2019 1:47 pm

Looks like a complete car, and in decent shape, my vote would be to keep it intact. You might do better than $3500 when you are done. E23s are cool cars, there are not many 745s around.

Quietlion79
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Re: What to do with 1983 BMW 745 Euro???

Post by Quietlion79 » Sun Dec 08, 2019 5:45 pm

4 door cars are not my thing, but I think you could make some good money on this car with some time and attention. Get it running and driving as well as you can, clean it up a bunch and stick it on Bringatrailer.com or barnfinds. You may be surprised at the results, especially with how the bidding goes on BaT sometimes. Plus, you know it will go to a good home. We here in SoCal are spoiled by the lack of tin worm action. However, the rest of the country would really appreciate it, as it translates into hours of labor that can be directed elsewhere. Plus the rare wheels and the turbo. PLUS, as Shultz mentioned, the Hardy & Beck story may mean quite a bit to the right crowd. I love a good story with a car that I am buying. I am happy you aren't tearing it apart!
1952 Austin Sheerline Limo RHD
1963 Chrysler 300J 413 Dual Quad
1964 Jensen CV8 Mk2 383 RHD
1964 Buick Riviera (For Sale)
1970 AMC Rebel Machine 390 4 speed
1981 BMW Euro 635CSI (Tom's car)
1989 Chrysler Conquest 2.6 turbo
2001 Honda Insight 5 spd Turbo

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