Is THIS The Ultimate BMW Collection? OR, Is It Just An Overpriced Package? $2.3 Million Takes ALL...

When it comes to buying any high-performance vehicle used, you want to be 100 percent sure it is an auto without any stories. Unless, of course, you like to live dangerously.

Personally, I don't want a car with stories.

Certain retailers have cropped up as specialists in the market to help support that cause. Of course, their crop of vehicles are priced at a premium; however, you can rest assured knowing that their inventory is free of any BS.

One such organization is Enthusiast Auto Group based in Ohio. If you're searching for some of the lowest mile examples of BMW metal, this is one of the premier destinations in the U.S. However, it will come at a price.

Sometimes it's downright ridiculous.

Yesterday though, the folks at EAG announced something I don't recall them doing before. It's offering a package deal. 13 of super desirable BMW vehicles are up for grabs in a one package deal. The cost? $2.3 million smackers.

This is what you get:

1981 BMW M1
1990 BMW E30 M3 Sport Evolution
1995 BMW E36 M3 Lightweight
2005 BMW E46 M3 Competition Package
2013 BMW E92 M3 Lime Rock Park Edition
1991 BMW Z1
2001 BMW Z3 M-Coupe
2007 BMW Z4 M-Coupe
2003 BMW Z8 Roadster
2002 BMW E39 M5
1988 BMW E24 M6
1988 BMW E28 M5
2011 BMW 1M Coupe

After seeing what you get, I've got to ask: Is THIS the ULTIMATE BMW collection or simply an OVERPRICED package? What say you, Spies?

View this post on Instagram

Now Available: “The Collection of BMW Legends” EAG is proud to bring to market 13 critically curated, highly desirable BMW’s sold as a group. This is the first time in modern history such a historic collection of BMWs has been offered to the public market. This modern classic collection of analog BMWs are among the finest in existence today. All vehicles are fully rejuvenated to near-new condition meeting EAG’s industry leading quality standards. We are happy to tailor the group of cars with other available inventory and welcome all top-quality trades. Manufacturers today certainly do not build them like they used to and this is the opportunity to purchase the instant Legendary Collection of the most memorable BMWs built in history. Legendary Lineup: 1981 BMW M1 1990 BMW E30 M3 Sport Evolution 1995 BMW E36 M3 Lightweight 2005 BMW E46 M3 Competition Package 2013 BMW E92 M3 Lime Rock Park Edition 1991 BMW Z1 2001 BMW Z3 M-Coupe 2007 BMW Z4 M-Coupe 2003 BMW Z8 Roadster 2002 BMW E39 M5 1988 BMW E24 M6 1988 BMW E28 M5 2011 BMW 1M Coupe Complete vehicle data files with detailed condition photos, historical information + EAG Rejuvenation Program highlights on file. Serious buyers please CALL for more information. $2,300,000 including VIP enclosed delivery anywhere in the Continental USA. . #eag #bmw #collection #eagcollectiondeal

A post shared by Enthusiast Auto Group (@eagbmw) on Nov 7, 2018 at 5:33pm PST

Read Article

mre30 - 11/9/2018 6:39:30 AM

+2 Boost

Super-cool. As much as BMW may suck now, these were the best (and are the 'best of the best').

If I was a BMW retailer, I'd add a wing to my store and put these there. Just fantastic! Its maybe not so much a matter of money, but of space. Its a collection. It will likely sell.

MDarringer - 11/9/2018 8:12:56 AM

+1 Boost

Value is in the eye of the beholder. To a BMW crazy, this would be something to snap up. Aside from the M1, the rest is pretty run-of-the-mill to me.

This collection will sell, but $3M seems a bit steep. If I were bidding, I'd offer 1/3 the asking price and even that is generous.

TomM - 11/9/2018 8:48:02 AM

+3 Boost

I too believe that the amount is beyond what these cars should sell for - Provenance does not bring the total to that level.

Obviously - these are being sold for collectors - and for those who do no have one of the models to complete a set - of something - they might find something hard to get otherwise - but I would want to see what was done to restore these cars - which may affect their value.

MDarringer - 11/9/2018 9:03:39 AM

0 Boost

The trick with buying collector cars is to get the car well below its "valuation" so as to have any potential for profit when you find the wide-eyed dimit that believes he has to pay full price for the car because it is rare.

As for restoration of these cars, they may actually be worth more unrestored. Sometimes the restoration is better than original. I've seen some 63-67 Corvettes that were restored to better than original condition sell for less than a weathered, unrestored original for example.

CANADIANCOMMENTS - 11/9/2018 9:11:27 AM

+2 Boost

@MD - Exactly. Barn find condition or just 50 years of patina is now somehow the gold standard for some collectors. If you are just going to hand onto it like a museum piece that is fine. If you are going to drive it and enjoy it, some new plugs and a few new hoses and maybe a new gas tank and new tires may be in order.

MDarringer - 11/9/2018 6:38:29 PM

0 Boost

Sometimes you raise the ire of collectors too. See you find an Iso Grifo in Georgia in non-running condition and you buy it thinking it's in better condition than it is, then you discover it's a rust bucket that should be junked, but you decide to not restore it but turn it into a drivable car with a massive infusion of Corvette parts. They will almost circle the wagons, but so be it. LOL

PUGPROUD - 11/9/2018 10:58:39 AM

+1 Boost

What's a serious BMW collection worth without a 1939 328 and a 1957 507? These plus the M1 and first generation M3 are the gold standards of a BMW collection. Everything else may be nice but hardly must have BMW's.

qwertyfla1 - 11/10/2018 12:20:15 PM

+1 Boost

Give me the M1 and E30 and I could die a happy man!

SSP350 - 11/10/2018 10:48:50 PM

+2 Boost

I wouldn't pay that price tag even if I had the money. Most of the cars on the list, if driven in public, no one would bat an eye. I suppose if you're a collector, it would have to have some sentimenal value of some sort. As is, I'll pass.