Highest price e38 ever?? What I learned with seconds left in the auction

Рет қаралды 191,067

Күн бұрын

THIS...... is the story of the highest price (non modified) 740iL ever sold on Cars and Bids. Thank you so much for watching!!!
Check out Jamie's Store!: ourwearhouse.c...
00:30 When and where I bought the car
01:40 How much I paid for the car
02:43 Finding out how much my car might be worth
03:49 Strategy to get the highest price for my car
04:18 Selling a car on Cars & Bids process
05:52 How much is cost to sell/buy on Cars & Bids
06:14 What happened when the auction went live
07:51 My live reaction to the last few minutes of auction
09:22 What I learned with less than 1 minute left
11:21 Sold
12:00 What happens after the auction
13:15 Coming soon
13:28 Car getting loaded onto trailer
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Jamie is the Owner of Elite Motor Works in Sarasota Florida, Check out his social media in the links below:
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Check out Jamie’s Shop Elite Motor Works
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Пікірлер: 326

@ocashflo 2 жыл бұрын

Jamie it appears you do amazing work. But that’s not why I’m commenting. I needed to compliment you on your content, editing and just the way you bring an excellent product to KZfaq. Everything seems so polished and your calm demeanor brings even more to your channel. Thanks again for this adventure through this series!!!!!

@JamiesGarage1 2 жыл бұрын

Thank you so much! Appreciate that very much. My Dad gets all the credit for the video editing 💪

@eocs5285 2 жыл бұрын

Whoah!!!! Your Dad is a man of many talents! I agree with @wrc, great content! And congratulations on the sale! It was exciting to see the progress of the car and even more so the auction. For a moment, I found myself holding my breath. 🤣 That’s one lucky buyer! Well done!

@ocashflo 2 жыл бұрын

@@JamiesGarage1 he does a great job!!!

@froy_boyproductions8488 2 жыл бұрын

Lol tbh I was hoping after Jamie said quiet down to hear more noise lol. Amazing content for sure! Thank you!

@SaiyaanAhmed-09 Жыл бұрын

@@JamiesGarage1 how this country peli

@Henchman1977 2 жыл бұрын

It's nice to see a car "rescued" and still be profitable.

@dylanmitchell8498 2 жыл бұрын

Beautiful E38, although not the most expensive sold. The E38 Tupac was shot in was being sold for over $1,000,000 a while back. Interestingly enough, they repaired all the bullet holes and whatnot. I almost feel as if it would have sold for much more if the bullet holes were still there.

@sepinac 2 жыл бұрын

I have been somewhat following on the story about that car and the seller actually wanted 1.5 m. Some foreigner offered $900k and was turned down. Not sure if that car ever got sold for the asking price. Also, that Tupac documentary was revived a few years ago and how I knew, I owned a black on black 97 740il with 170k miles. Still nice with clean interior but clearcoat was peeling so decided to sell. It was sold for $2k and when the buyer wrote his information for the title transfer, it was for a production company! The buyer told me that it will be used as the hero car for Tupac’s new video. They don’t need a V12 since all they would change was the trunk badge and the wheels. Mine had the M parallels. I could have sold it for more if I only knew :) I’m now thinking of selling my 2001 750il but has 170k miles. It has the rare sport seats, black on black too. If the author is only here in southern Ca, I would have him restore it to the same condition his 740il was in.

@gtarules1 2 жыл бұрын

@@sepinac what documentary?

@sepinac 2 жыл бұрын

@@gtarules1 The Final 24 or All Eyez On Me , it’s been 5 years ago when my car was sold to this production company.

@steveweixel6709 2 жыл бұрын

"ever sold on Cars and Bids"

@johnvanderv.4219 2 жыл бұрын

Aren't you a little bit sad you sold this beauty? So much work you put in! You brought it back to showroom state. 👏

@JamiesGarage1 2 жыл бұрын

I have to say… I’ll miss this car. Hopefully I’ll get to a point where I can keep the cars I restore soon

@johnsherby9130 2 жыл бұрын

@@JamiesGarage1 maybe the channel will get you there someday, it’s every KZfaqrs dream!

@startingtech3900 2 жыл бұрын

jamie moves metal he is a business owner, cannot get sentimental with jamie's (and wifes) CASH $$$

@PedroLucas-ir8mi 2 жыл бұрын

You know, you see a bunch of channels out there who try to stand out by being louder or more eccentric. That actually drives me away in search for more down to earth and sober channels like yours. Started noticing your shorts on KZfaq and ended up going through your longer videos with great pleasure, especially this last journey with the 740il. Congratulations on the informative, quality content, keep it up and thank you!

@craigsanislo7458 2 жыл бұрын

The imola M5 in the background is GORGEOUS

@cs_yt 2 жыл бұрын

I guess everybody won this time. I actually like the way C&B does, 1 min is quite close to a live auction, avoiding sniping or like some other sites that add 15min, which makes it dragging forever. Looking forward to the new content.

@hi-hw3je 2 жыл бұрын

You and M539 Restorations should come together for another "rescue"

@RaphaelNation Жыл бұрын

I bought my 2001 BMW 740il which looked exactly like this one without the sports package for $29k in 2005 from a wholesaler in NJ. It had 50k miles when I purchased it. I drove it for 7 years and added 100k miles. It was by far the best car I ever owned.

@ernestmfakudze 2 жыл бұрын

A new viewer from the UK here Jamie. This was just amazing to watch from the day you got that call from the lady seller, to the amazing work you put into restoring the car. My heart was pounding during the last minutes of the auction and I'm sure minedoes185 got a dream car. I hate it when you get a competitor at the last minute just when you think you are about to get the car, for example, that neighbor of the selling lady. In 2013 I saw a nice year 2000 E38 740i on sale for £2,900. I immediately called up and told the seller that I was ready to buy it, only to be told that there was a new person who was also interested in the car. So we had to fight it out with bids. I finally got it for £4,200. The car had done about 23K miles at the time and had a check engine light. I fixed it up and I really love it. It's done about 62K miles now.

@ajk4270 2 жыл бұрын

Jamie, you're the goat!! You and ChrisFix makes us carlovers day better!! Keep up the good work my man!

@azizhachimi8744 2 жыл бұрын

My dearest & warmest CONGRATULATIONS Jamie: you deserve every bit of that 25750$! I just just stumbled on your channel, really love your job and your work ethic: keep up the GREAT work, because we wanna see more projects and more auctions! A subscriber/liker from Montreal and car enthusiast as well!Amen

@Dalpha64 2 жыл бұрын

Awesome channel, the E38 is one of the most beautiful luxury sedans, it’s never looks old especially if you have 2001+ facelifted model.

@ZoneE3 2 жыл бұрын

Indeed it is, just brought one

@Dalpha64 2 жыл бұрын

@@ZoneE3 Congratulations, I had a 1999 730 gasoline in the 2005-2007/8. Only the v6 but still an amazing drive. The E38 body is truly beautiful and timeless. Enjoy your new car

@ZoneE3 2 жыл бұрын

@@Dalpha64Nice and thanks man I will try too i got it for my birthday a gift to myself 🙂

@acmeopinionfactory8018 2 жыл бұрын

@@Dalpha64 V6 huh? What kind of bullshit are you trying to sell?

@spicysnowman8886 2 жыл бұрын

@@Dalpha64 v6? You mean straight 6, no bmw has ever had a v6

@macandcheese5689 2 жыл бұрын

Big yourself up jamie! Love and support all the way from London. Make wayyy More content bro! Your vids are very informative.🙏

@jj481012 2 жыл бұрын

Great series! I throughly enjoyed your professional and meticulous attitude towards restoring the car. Inspires me to get my old bimmer cleaned and fixed up.

@gregbez 2 жыл бұрын

I had a E38 2001 740iL. Miss it everyday. I’d happily pay $25k for a refurbished one.

@brianstj3872 2 жыл бұрын

Quickly becoming one of my favorite channels

@bigoc55 2 жыл бұрын

Just picked the same car up with the wooden backseat trays! Gorgeous. But it needs work but got it for $3500. So looking to do what u did and make an really nice profit. I’m ase certified and have worked at Mercedec and Acura. So this video is the reason I went Thru with the purchase. So thank u. Love the channel. Definitely gained a new subscriber. Thx again. Keep uploading great content.

@markm0000 2 жыл бұрын

I’m happy to see you got what you wanted. Really all you could ask for with a car that isn’t quite the most desirable. It’s a perfect example of the iL and an amazing addition to their collection. In the future that collection will be worth a lot more with this car since it has a wider range of models.

@masal365 2 жыл бұрын

Man..your restoration really do the justice for the car it's self 🙏 . E38 also one of my dream car... 👍

@Rickster80 2 жыл бұрын

Really enjoyed this transformation on this 7 series and not a bad profit in the end.

@entertain402 2 жыл бұрын

really enjoyed watching all 3 videos; great presentation, and very professional work; also like the very clean shop; i was 'gifted' my father's (he's 91) 2002 525i; he was the only driver, and every winter went from toronto to Port Charlotte for the winter until they got older and started to fly; so was driven only 6 months/year in the later years, and never winter driven; it has 115, 300 miles; it sat in storage about a year before i received it; got a complete tune up, new tires, and detailed; you would swear it was a brand new car, drives impeccably, no oil leaks, and i can't get over the fact that its 20 years old; clean title, no accidents; its funny because my mother and father are very light weight, and there is no impression on the front seats, which are not leather; i will keep this for many years, and just wish the fuel prices were not so high

@Henchman1977 2 жыл бұрын

It adds time to auction to prevent bid sniping.

@zerolash406 2 жыл бұрын

Congratulations on the sell sir! You're an inspiration to us all! I'm going to miss seeing you wrench on the old girl! Can't wait for more uploads! Much respect and admiration from South Africa 🇿🇦! Big Al.

@Herbivor7 2 жыл бұрын

It sold for $25,250 in case you’re wondering

@tihspidtherekciltilc5469 2 жыл бұрын

Thanks. It's not like I subscribed to watch or anything.

@AgentOffice 2 жыл бұрын

I heard 185k

@rayirth.upside-down 2 жыл бұрын

I was thinking it was $1,00,000 as he didn't clarify so well

@ajdood Жыл бұрын

Great to see this car brought back to life, well done. $25,250 for a 7 series BMW with 30,000 miles, in mint condition, is an absolute bargain. Even if it is over 20 years old, because it has done so few miles, and has been restored, it is in effect a new car, with many more years and miles of driving ahead, If the miles are kept low, this car will only increase in value.

@brianluttonE38 2 жыл бұрын

So glad I could be a part of this story!

@wiseman1688 2 жыл бұрын

Congratulations !! That is a great deal. Jeff is lucky

@Dippy_melts 2 жыл бұрын

What a great series. Would love to see more restoration and flips.

@glenngordon846 2 жыл бұрын

Compared to cars produced in the last 5-10 years this car rolls down a smooth highway like Heavy Car on Greased Rails , so smooth, command of the road with Real Luxury! Love the Seats, Love the Heavy Feel , Effortless power. Today's cars have too much road feel, and cheap ass plastics and thin cheaper feeling seats.... Great Job! I wish you had gotten more$$$.

@jayb1341 2 жыл бұрын

Oh man how I would love too send my 2001 E55 AMG too Jamie ! Professionalism at its finest! Fantastic job on the BMW man. Love watching your videos!

@rjkulman8990 2 жыл бұрын

glad to see you got your projected amount, great car, have it in Orient Blue

@aceace5457 2 жыл бұрын

a lucky guy i am an e38 owner as well but the 728i which i have owned for 10 months now and done the suspension with new bc coilovers etc and the car looks and drives superb and its in green metalic paint work exactly the colour that bmw produced oh i added a front alpina lip and it looks superb good luck in your bmws and keep up the good work.

@CorbinWilliams 2 жыл бұрын

PLOT TWIST: the neighbor who didn’t want to pay anything over $4300 is the winner😛🏆

@napskyver 2 жыл бұрын

Great end to the story of 740li - many could learn from your approach to presenting content - keep up the great work and look forward to seeing the new projects - liked and clicked the 🔔

@gplusgplus2286 2 жыл бұрын

Project Dubai V12 750iL from M539 Restorations was listed for 21k eur and probably sold for a bit more than that. Mileage is irrelevant, its condition that counts.

@davidoldboy5425 Жыл бұрын

Loved it, my first time watching you (UK) but I'm hooked and now subscribed, I love it when people do things properly.

@DD-ng3bj 2 жыл бұрын

I got my ABS module fixed on this same type of car. I rarely drove it in the past because it had other issues which have been fixed too... this is my absolute favorite car I've owned! I still have a couple of things to addressed, but so far, I have spent $18k on repairs and sale cost. They don't make quality cars like this anymore! Bring back craftsmanship, not accountancy!

@gtarules1 2 жыл бұрын

18k?!!!

@johannes960 2 жыл бұрын

What a "quality car" that needed 18k of repairs xD

@rraamuco 2 жыл бұрын

You have done a phenomenal job in rescuing the IL, looking forward to see more videos

@AussieJarred 2 жыл бұрын

Hi mate, great content from Australia. Found you through the shorts. Looking forward to getting up to speed on this series

@offplanet6882 2 жыл бұрын

One of the most honest sites on KZfaq

@weitzmann214 2 жыл бұрын

Really happy for you 👍🏻👍🏻👍🏻

@Wannabeajedi63 2 жыл бұрын

Nice. I owned a 1995 740I. Best car I have ever driven.

@timinman9578 2 жыл бұрын

Congratulations to both. May Jeff/Geoff enjoy for many years.

@swirrllfolfsky9803 2 жыл бұрын

Just found your channel through the shorts, and am not disappointed. Great videos!

@beezlebub3955 2 жыл бұрын

What a Saturday! Awesome to finally see the end of this story! Also, shoutout from Pinellas county 😝

@TheHeretic435 2 жыл бұрын

I lay under my E39 engine the other day, with belly pans off, marveling at 4 years of work, zero leaks, and all clean. It wasn't an easy journey

@christersundin773 2 жыл бұрын

Good job, and congratulations on the sale! This gives me hope that my work on my 740i will pay off (if nothing else, for my own enjoyment of the car)

@derekstocker6661 Жыл бұрын

Very well done on the sale, lovely piece of BMW history there and looks amazing.

@elianmakdsi8908 2 жыл бұрын

i was watching this at 2x speed, the best part when you were reading out the biddings, you sounded like a professional auctioneer lol

@thewitt76 2 жыл бұрын

So cool to see you make a good profit and buyer get a deal, loved watching the journey from a nice old car to perfect machine

@automotive_passion 2 жыл бұрын

Realy nice car, and you made it look and drive perfectly. It`s one of my favourite BMW E machines. Maybe you will get a E31 in the future, that would be interesting.

@longjohn77 2 жыл бұрын

I had a 98 740il in Sahara beige. Couldn't stand the looks of the next generation so traded it on a 2002 acura tl-s.

@zach3021 2 жыл бұрын

Wow man! It’s finally here! You’ve done amazing work and we’re all so proud of you. A couple weeks ago I found this channel, and I’ve been binging your videos ever since! It’s truly been a journey. Enjoy that 25000$!!

@vinsbmx 2 жыл бұрын

I've been waiting for this video. Great job Jamie, beautiful machine

@87minicooper 2 жыл бұрын

Really enjoyed watching this story unfold! Beautiful car indeed. Congratulations and cheers from The Netherlands.

@patanasoff7 2 жыл бұрын

You do amazing work Jamie

@johnsherby9130 2 жыл бұрын

That thing really is a time machine, great work!

@RemyHou 2 жыл бұрын

I had a 2001 740i but unfortunately, got in an accident. Was the same Silver with Black trim, beautiful line and had no issues.

@wolf-eat-tiger Жыл бұрын

Gorgeous car. Looks almost exactly the same as mine except my interior is black. Using these videos as motivation to carry on with restorations

@craigpattenden 2 жыл бұрын

My dad had two of these in the late 90s, and they are absolutely amazing cars

@LafemmebearMusic 2 жыл бұрын

Well now I’m going back to the beginning to watch cus I’m missing so much context and this is an amazing story!

@akoust1c 2 жыл бұрын

Love your clean and concise delivery. Thank you!

@TKsGarage 2 жыл бұрын

This was very informative. Thanks

@chadhouser3190 2 жыл бұрын

Love that car man! Great job

@rabeahkarram9689 2 жыл бұрын

These are my favorite videos that you do and the trouble shooting ones. We’ll done I’m so entertained. : )

@out_on_bail 2 жыл бұрын

Good work man. Your videos are quality and you can tell you know what you’re doing. Appreciate you sharing your knowledge.

@berlin_bvg 2 жыл бұрын

I was watching end of bidding live. Kind regards from Croatia!

@thekidhartford5266 2 жыл бұрын

Awesome videos on this...the amount of time you spend explaining is perfect and the sped up parts are as well

@wince_moeron 2 жыл бұрын

Great work, great content, great sale. I was hoping you would get about another 5k for it for all your time and hard work invested. Hopefully the new owner treats it well. Can't wait to watch your next project!

@gtsin 2 жыл бұрын

Subscribed. Can't imagine what will be more interesting than restoring this model.

@mannyleigh2571 2 жыл бұрын

Thank you for the videos. I very much like the way you do things! Auction sell price was very fair for both seller and buyer, the way it should be, Keep it going. (driving a '98 740iL)

@kylegibbard 2 жыл бұрын

Everything has been said in regards to complimenting you Jamie. I really enjoy this channel. I really hope you are able to continue doing another series. The BMW 740 series has roped me in. You are clearly talented.

@mntrader2 2 жыл бұрын

That was steal. Remember these were 80k back in the day.

@rehandharme 2 жыл бұрын

Hi, Rehan from India here Really loved the car and your work. If I would have been in US Would have surely bought it. Great work. Keep it up mate. Cheers

@davidperry7271 2 жыл бұрын

I like the way the auction ends

@autismo1969 2 жыл бұрын

I was guessing this beauty would be sold for at least 50k... But great work bro kudos on the sale

@dreww47 2 жыл бұрын

great video ! the auction was exhilarating even from this side ! my dream is to restore old cars and sell them in the same fashion ! love it

@banukaravi9671 2 жыл бұрын

Jamie is a honest guy. keep this things up sir

@antoniojavier4693 2 жыл бұрын

Congratulations Jamie

@andersonsung278 2 жыл бұрын

Congratulations to both the buyer and the seller!

@postophobia 2 жыл бұрын

Congratulations on the sale!

@martinvelasquez9674 2 жыл бұрын

I LOVE IT, dammm good job, i tell ya, i really want a 7 series bimmer, but everyone keeps telling me im going to have major problems, damm watching you put this car back together really pushes me to just do it, get that bimmer.

@gunnertilldeath Жыл бұрын

Nice to see Donald Cerrone found a career as an amazing mechanic/KZfaqr after retiring from the UFC.

@nigelnazeemjohannes85 2 жыл бұрын

Your hard work paid off sir, congratulations..

@ToMu29 2 жыл бұрын

What a buy of a lifetime! Congrats jamie!

@1023llc Жыл бұрын

great video. i have a new found appreciation for these cars and on the hunt.

@walter.bellini 2 жыл бұрын

First time watching you content and I am very to have spent the time to follow this amazing car! Congrats on your work and all your efforts. The car should have sold for at least $32K with all the work and detail that you put into it. I have liked and I have subscribed. Thank you WB from NY

@bat-orgilnymbaatar8719 2 жыл бұрын

We’ve come a long way from changing Mercedes’ engine oil in most controversial way to this quality content.

@liamleech4748 2 жыл бұрын

I got a 1995 740i sport and I love it. Came from japan

@SickMy_Duck 2 жыл бұрын

Wow it went to a Michigan collector. Maybe I can see this car someday when I go out

@GlitchPG3D 2 жыл бұрын

i have an old model t, i sold it for $17,000 and bought another 740 IL and am happy.

@paulsti6263 2 жыл бұрын

Awesome dude! Beautiful car! I love to see the clean awesome work shop behind there! Makes the videography look great! Good job! 👍🏻

@CWO4D 8 ай бұрын

greaser content...enjoyed the previous ones...Congratulations on the sale Jamie!!

@technik333 2 жыл бұрын

well done, look forward to watching your next project!

@yaseengaffoor 2 жыл бұрын

Gosh that interior is amazing ❤️

@Robyrob7771 2 жыл бұрын

Glad you got what you wanted out of it!

@ahmadfirdaus2990 2 жыл бұрын

I like this series... Restore n selling..

@danmayorov4831 2 жыл бұрын

Favorite channel on KZfaq. More content let’s go!

@opino72 2 жыл бұрын

Very nice serie of videos! I'm happy that you made profit restoring this amazing car!

@sc-mh3jj 2 жыл бұрын

Congratulations on the sale