My buddy and I looked at it the weekend before last. The whole way down there I was saying to myself 'please be a piece of crap'. I'm right in the middle of restoring an '02 and there is a good chance I will be living in our shed if I buy another BMW (even if I went in half with my friend). Anyway, after looking at it for a couple of seconds - I knew I was safe. It was really sad to see such a good looking car in a great color (Baikal) in such sorry shape. The car has been rusty for a long time, it was poking out everywhere with a lot of evidence of previous repairs including the front shock towers and fenders. It had some nice period pieces on it including the Ronals (he has the forth one), power Recaros, etc... The interior looked surprisingly nice. The vin plate was gone.
The owner came out and talked to us, no shirt, crooked cane, and all. He said he has owned the car for 30 years and the rust just started last year. Right as we were about to leave, about 5 dogs (pitbull/rot mix) were let out into the yard. My buddy Dave and I were looking at each other like - show no fear. We thought it might be a 'buy the car or else' type of negotiation.