adventure! or… the best worst decision ever
Thursday, October 23rd, 2008In December of 1987 Car and Driver tested the brand new BMW M5. They had much to say.
The EPA city rating for the car was 10mpg. It went 0-60mph in 6.3 seconds, making it the fastest production sedan in the world at the time. Top speed was found to be 147mph. The engine sounded great. It ran like stink. But it cost $48,470, and they couldn’t get over that. ALMOST $50,000! Only the well heeled need apply.
Sure, adjusting for inflation that’s over $84,000 in 2008 dollars, but depreciation has a way of leveling the playing field. That’s why Leah and I will soon be (mostly) proud owners of a 1988 M5. For three grand. But before anyone thinks I got away with robbery, I will point out that time has other ways of leveling the playing field. It’s rusty. The suspension is shot. The transmission needs a rebuild. The paint is gone. When you look up “project car” in the dictionary, you will find this one smiling back at you.
It’s as big a risk as a $3k car can be. The transmission is rare and expensive to work on, but even that pales in comparison to the costs of working on the engine. A ballpark figure of $10k is used whenever the word “rebuild” is whispered. In all likelihood it will take $18k to transform a $3k car into a $15k driver. And it will take time. Boy howdy, will it ever take time.
But, it will be an adventure, as will trying to drive it home from the Bay Area this weekend with Leah. I haven’t made too many crazy decisions in life so far, but this is certainly one, which I view as a positive. Leah views it as vacation. We’ll call it even.
If anyone has some free time on monday afternoon and wants to come pick us up near Yreka in Northern California where we’ll inevitably break down, please let me know.

