Kamis, 05 April 2012

Part 2: The BMW M535i Ghetto Find Adventure Continues

Part 2: The BMW M535i Ghetto Find Adventure Continues:
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By Tuesday I had found the previous owner on M-car SIG’s & Google searches. I reached out to him, but got no responses. A favor from a “friend” found the car not to be stolen on a worldwide vin search, but was last registered in Texas in 1985!  How to get a title was ferreted out through multiple phone calls to the secretary of state.
Through all my research I learned the car was pampered its whole life and spent most of its life in Texas and Florida where the last owner brought it up to Chicago during law school. I found pictures from 2003 -2005 where the car still wears its original Sapphire Blue metallic paint and appeared to be well-loved and in show quality. But how did it end up in such disrepair in Felix’s yard?
2003 in Florida (click to enlarge):
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2005 in Illinois (click to enlarge):
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This is what I deducted: the car wasn’t registered after CarFax came into vogue and lived under the radar since. The previous owner acquired the car and brought it to Chicago from Florida in 2003. The M535i was traded it at a dealer in 2005, which was then sent immediately to auction to due to dealer ignorance of its pedigree. I believed it lived at auction for a while due to its age and 330,000 kilometers on the clock. A back alley car dealer selling on Cicero or west North Ave. picks it up cheap. It gets sold to a gang banger who never registers it and proceeds to kill it. It gets wrecked and brought to Felix for some discount repairs in his 7 car garage. Felix replaces the hood and paints it greener shade of metallic silver. The gang banger doesn’t return for the car, so Felix puts it in his yard where it starts to succumb to the ravages of Mother Nature.
A good friend from Coffee & Classics was very interested in joining me on my return to try to get the sleeping beast started and truly assess its condition. Dave and I arrive early Thursday morning. Felix Sr. brings us around back, this time with out the drama of pit bulls barking. Dave has the skills to bring it back from the dead so he jumps right in and checks compression, electrical issues and vacuum connections.
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Dave and Felix Sr. replace the battery and shoot starter fluid and get the car to sputter. I proceed to inspect the body and interior. I crawl inside after I remove hampers of old clothes and stinky boxes.
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Damn! The floor is flooded. Why? The sunroof is jacked and the windshield has popped its seal and cracked. The Recaros are blown out and the M1 wheel is peeling its leather. Yes the dash is cracked like the Mojave desert. So I inquire with Felix Sr. “cuántos lo tienen que se sienta?” “Quattro,” he replies. My mind keeps racing how a car that seemed so well cared for can slip so fast in five years. I move to the exterior.
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OMG! the paint finish resembles the pebble grain of a football. Felix’s paint job has boiled its clear coat from 4 years of direct sun exposure. The top skins will need a bare metal respray. But the only real rust is in driver’s door lower corner. I then spot the old original hood against the fence and it has a dent in the nose but the paint is excellent. I’m thinking that Felix’s paint skills match the neighborhood and my paradigm suddenly shifts. I’m out. I don’t care if it’s the last M535i in the country, I’m not dumping the $35K it will take to make it worth $10K.
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So I then entertain myself with helping Dave. The mounds of animal feces in the engine bay don’t phase Dave, but it’s just affirmation of my new decision. The spark plugs have 3/16ths of carbon and oil build-up and will never fire. We conclude there’s varnish for gas by now and the whole ignition grounding points will have to be gone through before anything will happen. So we decide it’s time to go. We thank Felix Sr. for his help and tell him I’ll make an offer to Felix Jr. that night.
On the ride back north Dave is still optimistic about the car. At the very least, one could salvage the rare M parts from it. I grant him full permission to pursue my ghetto find. That evening I talk with Felix Jr. and explain why I’m going pass on the car and that he will have to be honest about its true condition and lower the price considerably in future ads if he wants to sell it. It’s pedigree was never mentioned.
Dave is currently in negotiations with Felix Jr., so we’ll see what he drives to this year’s Coffee & Classics to find see what pans out.
I thank many of my Fuelfed friends for their time, patience and help during this random week in the exciting world of “Fuelfed carville”.
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First Annual Fuelfed Cocktails & Classics

First Annual Fuelfed Cocktails & Classics:
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With Coffee & Classics growing tremendously in just 1.5 years and the great people we’ve met along the way, it’s only fitting that we had a private winter gathering to help keep the gears oiled. Only this time no one was allowed to drive a classic to the event.
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The restored billboard factory space doubled as the unique event space and an impressive car gallery — a car gallery that we must say revels Coffee & Classics with its varied portfolio of historic European & American classics.
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For three hours on February 22nd, 68 Fuelfed members were treated to cocktails, pizza and some very tasty classics. Fuelfed driver Joe H. opened up his collection gallery for us to admire and ask questions. Enthusiasts came from as far as 90 miles to mingle with others drivers and start what we hope will be an annual mid-winter event.
Whether you’re a driver, collector or just a big car fan this was your chance to surround yourself with great cars and great conversation all in a great space.
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Joe’s collection is one of the top collections in Chicagoland, and these classics don’t just sit there and look pretty. Joe drives his Gullwings, RSRs and 265 GTBs. In fact, Joe brought his white RSR on The Final Drive in 2009 and regularly spends time hot lapping around the Autobahn Country Club. Though our favorite time was back in 2004, when Joe drove his 1957 Ferrari 250 Spyder up to Road America. The top was down the whole 3 hour drive up, spent the day at the races, places at the Siebkens concours (with the car dusty) and then drives home with top down and trophy in the passenger seat for the 3 hour drive back. No trailer queen pansy cars for Joe.
We believe everyone had a great time and a very very big thank you to Catalyst Communications for the great branding and signage and to Joe for making Cocktails & Classics…well, a classic.
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Click to enlarge thumbnails below.
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