5k: Blue Plated: 1976 BMW 2002

The BMW New Class (1600/1800/2000/2002) is a great way to get into the classic car hobby on a budget. They made a million of the little cars (actually 861k 2002s, 150k 1800s and another 150k 2000s), and they are fun to drive and easy to maintain.  Don’t be fooled by greedy auction giants and hairy palmed flippers, the regular 2002s aren’t rare enough to be worth real money and the big bumper versions will be cheap for years.  Find this 1976 BMW 2002 offered for $4,500 in Long Beach, CA via craigslist.

The 1976 model year 2002 is particularly hard to sell in California because of the draconian smog laws (with limits that are dropping each year and are below “new” levels for some vehicles) and big bumper look.  However, for the price this would be a great car to export to some place out east where it snows and a car from 1976 that isn’t rusted into the ground is worth something.  

This 2002 is powered by a 2.0 liter M05 inline-4 that puts out 100 horsepower into a 4-speed manual transmission.  Original correct California blue plates add to the allure of the original survivor rust free Cali car persona that this car has in spades. 

See a nicer survivor for cheap? tips@dailyturismo.com