All Things Gulf: 1974 BMW 2002

The BMW 2002 (1968-1976) was one of those hidden classics that wasn’t expensive to buy, maintain, or drive on a regular basis. Prices shot up a few years ago and now the Tii version is stupidly expensive, but you can still find the occasional basic 2002 for a reasonable chunk of cash. Today’s next example has a Gulf Racing paint scheme and some rust, but has some potential. Find this 1974 BMW 2002 offered for $8,500 in Long Beach, CA via craigslist.

From the seller:
1974 bmw 2002
condition: good
cylinders: 4 cylinders
drive: rwd
fuel: gas
paint color: custom
size: compact
title status: salvage
transmission: manual
type: sedan
1974 BMW 2002 For Sale-
Gulf Racing paint livery theme, sunroof, runs well, smog exempt, registration good till July 2021.

2.0 liter stock rebuilt motor
SK Racing dual carbs
new starter
Bosch AL89X high output alternator
Crane XR700 electronic ignition
Stahl header
4 speed tranny swap (was an automatic) w/new seals, shifter/tower bushings
Rebuilt driveshaft and front end
Black powder coated long euro bumpers
Zender copy front spoiler
Sport springs w/KYB shocks
BBS copy 13″ wheels with almost new 185/60 tires
Tan cloth sport seats with reupholstered rear seat
320is steering wheelI bought this in the Sacramento area and drove it home 400 miles, but I don’t have the time and too many cars. Has a salvage title from a light hit in the front. Only minor rust below rear window and one end of left rocker.
Thanks for looking.

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2002 in Gulf livery with a 76 antenna ball photographed at a 76 station. Sigh.
I get the distinct sense that this car looks 10x better in photographs than in person. If this really is a market-correct price for this condition, then I’m probably forever out of the 2002 game. Spending over $10K for one in good shape (better than this one) just isn’t appealing to me.