This 1987 BMW 325i Convertible sold for $3,500, and that’s a deal, scoring at 62% below fair market value.

The E30 generation is a staple for BMW fans. This particular 325i Convertible packs a 2.5-liter inline-six engine and a four-speed automatic transmission. With its white exterior and black soft top, it offers a classic look that appeals to those who appreciate open-top driving. The car also boasts rear-wheel drive, enhancing its sporty demeanor. With 156k miles on a repaired odometer, this example has lived a life — it's a barn-find with character and a story, making it attractive to buyers who want a project car or a unique piece for their collection.

Now, let’s talk price. The bidding was pretty tame, with just two bids placed. The final sale price of $3,500 stands in stark contrast to the fair value estimate of $9,100. That’s a significant gap. At 62% below fair value, it’s clear this sale was a steal, especially for anyone looking to restore or enjoy a classic BMW. The mileage and the fact that it’s a barn find add a layer of charm, but also some risk due to potential hidden issues. Still, the price reflects a rare opportunity for buyers.

Community reactions were mixed, but one comment stood out. User @Winston52 mentioned sharing a video of the car in action, highlighting that they tried manual shifting during a cold start and had issues with the transmission staying in first gear. This suggests that while the car is a great project, prospective buyers should be aware of potential mechanical quirks that could require attention.

For anyone on the hunt for a similar E30, keep an eye on the odometer and transmission functionality. A repaired odometer can hide a car’s true mileage, and issues like staying in first gear could indicate a need for transmission repair. Always ask for detailed service records and be prepared to dig deeper into the car's history. A thorough inspection can save you headaches and expenses down the road.

See all BMW E30 3-Series Convertible listings on [Friday's Watchlist](https://fridayswatchlist.com/search?make=BMW&model=E30%203-Series%20Convertible).