What should I do with my 1998 BMW 5 series? Junkyard?

Asked by May 28, 2017 at 05:31 PM about the 1998 BMW 5 Series 528i

Question type: Car Selling & Trading In

It was my fathers car and now it isn't running and hasnt been used in years.
Should I sell it to a junkyard or is it valued more? If memory serves me right,
the issue with it is a small piece in the engine which the labor would cost an
arm and a leg to fix to get to where the piece is. It was also in two accidents in
the past. What would this car be worth?

4 Answers

25,665

Scrapyard won't give you much at all for it. You can sell it off as parts or a fixer-upper for a better return.

1 of 1 people found this helpful.
69,275

I agree. Offer it for sale as a project car and see if someone is interested. It's almost 20 years old so there may be some interest. Since it IS a BMW I'd ask $1250 or best offer. Anything over $250 (scrap value) is a good price. My Nephew had one of these cars several years ago. They are nice cars! Good luck with it!! HTH. -Jim

21,095

If the interior is really nice, you are likely to get a higher price... What does it look like on the inside? Other than that, maybe you could donate this to a local trade school who needs a car to work on?? Or maybe a high school provided they still have auto shop classes?? Don't know if auto shop classes still exists in high school?

1 of 1 people found this helpful.
30

A fixer upper is probably best. It is more likely too specialized for a high school shop class, although you could take it as a deduction on your taxes. If they don't have a BMW computer, they aren't going to get much satisfaction out of working on the car. I have a 1998 M3 with 196,000 miles and the only problem I have is getting the correct parts for the "M". It still runs good, but they keep sending me "i" parts. They are different. The parts I am having trouble with right now are the correct springs to replace the struts. I will eventually find the parts, but for a school it may take too long to find the correct parts.

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