Highest price e38 ever?? What I learned with seconds left in the auction
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.com/collections/...
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
----------------------------------------------------------------
I have some cool “never been done before” projects that I’m working on now, be sure to subscribe and click the notification bell to be one of the first to know about it.
- What other projects would you like to see??
- What has been your favorite video so far?
- What would you like to see more of?
**Giving this video a "Thumbs Up" really helps with the KZhead algorithm, Thank you an advance!
**Consider Subscribing to / jamiesgarage1
--I really appreciate it!
---As an Amazon Associate, I earn from qualifying purchases.
---------------------------------------------------------------
Jamie is the Owner of Elite Motor Works in Sarasota Florida, Check out his social media in the links below:
-- TikTok: / jamiesgarage
-- Jamie’s Garage Instagram: / jamiesgarage1
Check out Jamie’s Shop Elite Motor Works
-- Elite Motor Works Website: www.elitemotorworks.net
-- Elite Motor Works Instagram: / elitemotorworksfl
-- Elite Motor Works Facebook: / benzandbmwrepair
-- Elite Motor Works KZhead Channel: / benzandbmwrepair
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 KZhead. Everything seems so polished and your calm demeanor brings even more to your channel. Thanks again for this adventure through this series!!!!!
Thank you so much! Appreciate that very much. My Dad gets all the credit for the video editing 💪
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!
@@JamiesGarage1 he does a great job!!!
Lol tbh I was hoping after Jamie said quiet down to hear more noise lol. Amazing content for sure! Thank you!
@@JamiesGarage1 how this country peli
It's nice to see a car "rescued" and still be profitable.
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.
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.
@@sepinac what documentary?
@@gtarules1 The Final 24 or All Eyez On Me , it’s been 5 years ago when my car was sold to this production company.
"ever sold on Cars and Bids"
Aren't you a little bit sad you sold this beauty? So much work you put in! You brought it back to showroom state. 👏
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
@@JamiesGarage1 maybe the channel will get you there someday, it’s every KZheadrs dream!
jamie moves metal he is a business owner, cannot get sentimental with jamie's (and wifes) CASH $$$
The imola M5 in the background is GORGEOUS
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 KZhead 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!
Jamie, you're the goat!! You and ChrisFix makes us carlovers day better!! Keep up the good work my man!
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
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.
Big yourself up jamie! Love and support all the way from London. Make wayyy More content bro! Your vids are very informative.🙏
Congratulations to both. May Jeff/Geoff enjoy for many years.
You and M539 Restorations should come together for another "rescue"
I've been waiting for this video. Great job Jamie, beautiful machine
Love your clean and concise delivery. Thank you!
You have done a phenomenal job in rescuing the IL, looking forward to see more videos
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 🔔
Good work man. Your videos are quality and you can tell you know what you’re doing. Appreciate you sharing your knowledge.
Really enjoyed watching this story unfold! Beautiful car indeed. Congratulations and cheers from The Netherlands.
What a great series. Would love to see more restoration and flips.
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.
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
well done, look forward to watching your next project!
Awesome videos on this...the amount of time you spend explaining is perfect and the sped up parts are as well
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$!!
Hi mate, great content from Australia. Found you through the shorts. Looking forward to getting up to speed on this series
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!
Just found your channel through the shorts, and am not disappointed. Great videos!
Loved it, my first time watching you (UK) but I'm hooked and now subscribed, I love it when people do things properly.
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.
Awesome channel, the E38 is one of the most beautiful luxury sedans, it’s never looks old especially if you have 2001+ facelifted model.
Indeed it is, just brought one
@@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
@@Dalpha64Nice and thanks man I will try too i got it for my birthday a gift to myself 🙂
@@Dalpha64 V6 huh? What kind of bullshit are you trying to sell?
@@Dalpha64 v6? You mean straight 6, no bmw has ever had a v6
Awesome dude! Beautiful car! I love to see the clean awesome work shop behind there! Makes the videography look great! Good job! 👍🏻
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.
Your hard work paid off sir, congratulations..
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)
Very well done on the sale, lovely piece of BMW history there and looks amazing.
Well done. Great project and great video. Loved watching it 👍🏻
What a Saturday! Awesome to finally see the end of this story! Also, shoutout from Pinellas county 😝
You do amazing work Jamie
Man..your restoration really do the justice for the car it's self 🙏 . E38 also one of my dream car... 👍
I was watching end of bidding live. Kind regards from Croatia!
Love that car man! Great job
That thing really is a time machine, great work!
Really enjoyed this transformation on this 7 series and not a bad profit in the end.
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!
Quickly becoming one of my favorite channels
Jaime is a class act! Great content!
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)
Congratulations !! That is a great deal. Jeff is lucky
So glad I could be a part of this story!
Congratulations on the sale!
What a buy of a lifetime! Congrats jamie!
Congratulations Jamie
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.
Really happy for you 👍🏻👍🏻👍🏻
Very nice serie of videos! I'm happy that you made profit restoring this amazing car!
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.
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.
My dad had two of these in the late 90s, and they are absolutely amazing cars
Subscribed. Can't imagine what will be more interesting than restoring this model.
Great content as always, keep up the good work and keep the BMW content coming!
Great video James!
This was very informative. Thanks
Congratulations to both the buyer and the seller!
I am new to your channel. I really loved your videos. Keep the great work and thank you.
Gosh that interior is amazing ❤️
Great videos… I enjoyed the auction process too…
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
It adds time to auction to prevent bid sniping.
great video. i have a new found appreciation for these cars and on the hunt.
glad to see you got your projected amount, great car, have it in Orient Blue
Nice !! You seem very honest!!!
Well done with the whole process it was great to follow it. Can you tell me more about the yellow C class behind you?
Jamie is a honest guy. keep this things up sir
Congratulations!!!
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
These are my favorite videos that you do and the trouble shooting ones. We’ll done I’m so entertained. : )
Favorite channel on KZhead. More content let’s go!
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.
Congratulations!
Congratulations on the sale
Great job 👏
Well done sir.
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
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.
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.
i was watching this at 2x speed, the best part when you were reading out the biddings, you sounded like a professional auctioneer lol
Great job!
Clean car, nice work, subbed and hit the bell for all videos
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
Well now I’m going back to the beginning to watch cus I’m missing so much context and this is an amazing story!
Glad you got what you wanted out of it!
Heck yea man great sale
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.
I like this series... Restore n selling..
Awesome video!
Great Work
Very honest present ... 🙏
Great Job Man. e38 needs to live forever. and all other e3---- :D
Congrats on getting your 25k 🖖
A sweet dude, I've subscribed
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.