Why So Cheap? 1990 BMW Z1

I love it when cars are bidding on eBay with a few days to go and the price is ridiculously cheap.  It doesn’t always mean the same thing as a really low price on craigslist (scammers!) and the fun part is to figure out why the bidding is so low.  This next car is an example of a limited production (8,000 were built for the European market only) car that is offered well below normal values. Time to don your deerstalker and figure out why?  Find this 1990 BMW Z1 here on eBay bidding for $13,650 with 1 day to go.

Wow, a Z1 bidding for about the selling price of an E46 M3, gotta be something wrong, right?  First, there is the small issue of location, this thing is being offered in the Dominican Republic, which is great if you happen to live Santo Domingo, but really bad if you live in a place like Toledo.  This thing is 25 years old, so importation shouldn’t be as sketchy as it was a few years ago, but getting something like an in-person inspection done before auction end is pretty much out of the question.

Let’s talk condition.  The engine (a BMW M20B25 inline6 making 168 horsepower and 164 ft-lbs of torque) is said to run well and the 5-speed manual gearbox has no issues…just needs a bath.  Mechanically this thing won’t be expensive to run because it wasn’t fitted with some crazy M engine.

The mechanical parts might be in good shape, but the seller admits it needs some work on the cosmetic side.  Needs paint work, body work some panels has been repaired in the past ,
and needs a better job , door system needs to be fixed or overhauled ,
front lights are not original, rear right light needs to be replaced,
nice restoration project. 
I think I understand the price now…

See a cheaper Z1 for sale? tips@dailyturismo.com