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For Sale 2.8 Roadster Project?

Discussion in 'For Sale Section' started by Wilko58, Oct 27, 2019.

  1. Wilko58

    Wilko58 Zorg Legend
    British Zeds

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    Apologies for the long post...

    My plan with this car was to sort out the usual bits of rust (tank straps, spare wheel carrier and X-brace and I'd already got replacement rear beam and trailing arms), update the suspension and bushes, refurbish the wheels and replace and/or repaint all the panels but I stupidly started backwards and it was only after I got the wheels refurbished plus bought most of the panels and had them painted that I took the old panels off and discovered the amount of rust on the car (see bad bits below).

    I was quoted £1200 to have the welding done properly (the jacking points would still be functional) and as the car has only covered 50000 miles I still thought it would be a good investment getting it all done but I had also booked a 3-month long holiday of a lifetime and unfortunately I then lost a chunk of income due to work being cancelled because of the bad weather we've been having; to cut a long story short I no longer have the funds to do the work or in fact a workshop in which to do it so I've decide to try and sell the car as a project rather than break it even though I'd be better off doing the latter. I believe you could buy this as a project, spend under £2000 more to get it up to standard and have a car worth around £6000+ especially if you have the space and time to do most of the work yourself.

    The car is an Atlanta Blue manual 2.8 M52B28 Roadster from August 1998 and therefore one of the last cars before the TU engine and has only covered a registered 50000 miles. It may be a special model as it has burgundy leather, aircon and headlamp washers(?).

    For a quick sale I'll add the hard top for just £250 more - although the hard top has two large chips and the headlining is loose and will need some TLC it would still sell for £500+.

    Bad bits:

    The chassis needs welding at all four jacking points and rust has attacked the usual places such as the spare wheel carrier, probably the tank straps (I haven't looked closely), the front X-brace, brake backing plates, ARBs, rear beam and trailing arms.
    It will need the suspension and bushes replacing (although the rear springs are new and almost new rear beam bushes are provided).
    The seats, electrically adjustable burgundy leather, have got broken seat belt guides and a bit of scratching of the leather in that area.
    The rear screen is split.
    Some lacquer has come off the panel behind the roof (in the gap where the boot lid sits).
    It will need a new battery.

    Oh, and it will need trailering home as none of the body panels have been refitted - but I can help with that at cost (trailer hire £40 plus fuel).

    Good bits:
    The engine bay is almost immaculate!
    The headlamps were polished for the MOT.
    It has an MOT until mid-January 2020 - only advisory was underbody rust!
    New or used rust free front wings, sills (one is slightly dented) and rear quarters that have been professionally sealed and painted - they have never been fitted to the car.
    The front and rear bumpers have been repainted - not fitted since painting..
    Includes a replacement zipped rear window or a whole replacement roof that was on my previous Zed.
    The front and rear disks and pads have only covered about 20 miles - fitted for the MOT.
    It had an oil service for the MOT but will come with a brand new coolant system refresh kit (plus plugs and fuel filter) which includes an EMP water pump (£130 from the USA) with an aluminium pulley and as it has aircon I can supply the lower temp auxiliary fan switch if you want to do a viscous fan delete.
    Includes a spare rear beam that needs a minor de-rust clean and paint but has newish (1000 miles) Powerflex black bushes fitted.
    Includes two trailing arms that again need some work but are relatively rust free compared to the ones on the car.
    Includes two replacement seat belt guides (the seat bushes have already been done).
    Includes a set of door handle gaskets.
    Includes a new aerial grommet.
    Includes genuine original BMW matching burgundy floor mats - rare?
    Includes two brand new headlamp washer jets - cost £80.
    The mirrors are totally blemish free and move!

    I've included some photos of the chassis rust - I've been quoted £1200 to have them done professionally at a high end body shop but that means having them fabricated to the original shape to take the jacking point plastics.

    If I broke this as it is I reckon I'd easily get above £2000 just for the major parts (wheels, hard top & fitting kit, panels, low mileage engine/gearbox, spare soft top) so that's what I'm looking for but for the whole car as a project.

    Asking price £2000 or for a quick sale £2250 including the hard top and fitting kit.

    Also, if you want to upgrade the suspension and/or brakes I'm also selling a partially new Bilstein/Eibach kit, a Powerflex Rear Suspension
    Top
    Mount, a set of almost new H&R ARBs including bushes and a 330CI big brake kit of calipers, carriers, disks and pads (these have covered about 2000 miles).

    PS: The holes in some of the photos below are where the jacking point plastics go and it hasn't just rusted through everywhere. If you think it is a lost cause let me know and I'll think about breaking it.

    20190819_141338.jpg 20190819_141348.jpg 20190819_150512.jpg 20190819_150520.jpg 20190819_155343.jpg 20190819_155346.jpg 20190819_155350.jpg 20190819_155407.jpg 20190823_135936.jpg 20190823_135957.jpg 20190823_140117.jpg 20190823_140253.jpg 20190823_140259.jpg 20190823_140308.jpg
     
  2. mrscalex

    mrscalex Zorg Guru (IV)
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    The low mileage is the big selling point for me. Rusted suspension can be cleaned up. Shame about the structural sills. I think with the hard top/fitting kit for another £250 it could be a goer for restoration.

    I am interested in the Bilsteins/Eibach suspension if you are selling separately. I’ll drop you a PM.
     
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  3. Ianmc

    Ianmc Zorg Guru (III)
    British Zeds The M44 Massive

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    Blimey; I guess that car illuminates the downside of low mileage. Looks like a breaker to me.
     
  4. Wilko58

    Wilko58 Zorg Legend
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    Ignore my reply to this, wrong post!
     
  5. Wilko58

    Wilko58 Zorg Legend
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    Thanks Robert, You just answered the question I sent you!
     
  6. ktnez99

    ktnez99 Zorg Guru (I)
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    If the body sills are repairable, there’s a lot of work to be done to get this up to standard. I’m an advocate of keeping our cars on the road. My concern here is that the asking price is, in my opinion, high considering what the car needs doing to it. If you drop the asking price you might find an enthusiast will take it off your hands - and save yourself the time and effort in breaking your car.

    PS: where are you off to for three months?
     
  7. Sean d

    Sean d Zorg Guru (V)
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    This is the downside of low mileage cars that are garage stored, the first Z that got my intrest was a 29000 mile car and was exactly the same as above, the eldely owner had had it from new and used it regularly to pop to the shops, he would then put it straight in his garage wet or dry, it would just sit there wet and never drying, this IMO is the cause of most rotten Zs, Ive been out in mine today, its nice and sunny but the roads are still wet after yesterdays deluge, its now parked in the sun before it goes in the garage, if I do have to put it away wet I leave to garage doors open so it can air,

    Good luck with it pal I know you have brooded over it for a while
     
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  8. GeoffZ

    GeoffZ Dedicated Member
    British Zeds

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    A dehumidifier in my garage ensures that mine never stays wet, even after just washing. Otherwise, the best place for a wet car is outside where air can move around it. A damp garage with no air circulation is worse than no garage at all. As for the thread car, two grand isn't a lot for what's on offer and I am sure someone will be pleased to take that on and regard it as a bargain - which it is. My Z makes no financial sense at all and defies all fiscal logic but I still persevere with it.
     
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  9. Sean d

    Sean d Zorg Guru (V)
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  10. Sean d

    Sean d Zorg Guru (V)
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    20190920_114355.jpg Mine was worse the that and I fitted 2 new inner sills as I didn't want to patch it, it's now my baby, I also replaced all running gear and powder coated the rear sub frame, I would consider taking this on but my hands are full at the minute
     
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  11. Wilko58

    Wilko58 Zorg Legend
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    Thailand, Cambodia, Hong Kong, Australia, Vietnam, Laos & Thailand (again). Trip of a lifetime!!
     
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  12. Sean d

    Sean d Zorg Guru (V)
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    We're doing 3 weeks back packing VN in April
     
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  13. Wilko58

    Wilko58 Zorg Legend
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    I'm spending Xmas with old friends in Oz then flying to Hanoi on 28 Dec and I've then got until 31 Jan to make it to Chiang Mai for my flight home. Envoy your holiday Sean.
     
  14. Sean d

    Sean d Zorg Guru (V)
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    Lucky you, this is a taster for us as we are planning 6 weeks for 2021, we are also flying into Hanoi and out of HCMC
     
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  15. TrevD66

    TrevD66 Zorg Addict
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    @wilco58 Whereabouts in Oz are you going?
     
  16. Wilko58

    Wilko58 Zorg Legend
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    @TrevD66 I'm going to Melbourne first, drive up to Sydney then fly to Brisbane and my friend lives further up on the Gold Coast. However, I'm now thinking of driving up to Adelaide and then fly from there to Sydney etc. Any tips would be appreciated as I haven't booked anything but the flights and my mates house yet!.
     
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  17. TrevD66

    TrevD66 Zorg Addict
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    I'm not going to be particularly helpful here, living in Perth on the other side of Australia.
    The biggest thing you will not is the distances that need to be driven to get anywhere. Melbourne to Adelaide 8 ish hour drive. Melbourne to Sydney just under 9 hours driving.... in both cases fairly direct without much to see.
    If you get to Perth please let me know.
    Regards
    Trev
     
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  18. Wilko58

    Wilko58 Zorg Legend
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    Cheers @TrevD66 - I've got from 28 Nov to about 20 Dec to get to my friend's on the Gold Coast and have got an old school friend in Perth so could go that direction - I'll let you know if I make it to Perth. Cheers, Tracey
     
  19. Oompedoomp

    Oompedoomp Zorg Legend
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    Hi, did you sell the Bilsteins/Eibach suspension?
     
  20. Wilko58

    Wilko58 Zorg Legend
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    Yes I did - sorry