I'm no challenge veteran or even attendee, I enjoy reading all the challenge build threads though!
Considering this one for $200 was the closest equivalent to your car in questions, I think $500 is fair.
https://macon.craigslist.org/pts/d/alamo-1989-bmw-convertible/7873150281.html
Kendall Frederick said:I'm not a Challenge veteran but I think $500 is generous. More like $100 because that's tops what it'd go for when the scrappers came out.
My apologies for quoting from memory vs pasting the rules directly. FMV rule states "at least 5 forum users with more than 50 posts have agreed with a proposed fair market value for your item."
screen shot Saturday 9/20/2025 from https://view.monday.com/6926752915-a8453491564eeecb98040697a27e71d5?r=use1
so with Kendall's agreement that's 4.
... and Mattk makes 5. Thanks y'all!
For those keeping score at home, here are the names and numbers of forum posts for each person who has posted their agreement with my proposed FMV of $500:
ShawneeCreek, 900
Kendall Frederick, 549
Mr_Asa, 12778
madmrak351, 926
Mattk, 174
i will start a build thread before I bring the car home, in keeping with GRM tradition.
In for the 7 years further roached pics. Bonus if they include wildlife.
Edit: current local BMW listings around me include numerous newer cars with good bodies and no notable rust showing for sub $1k. One at $250.
Should we go for a lower agreed value then?
Piguin said:Should we go for a lower agreed value then?
I may lobby for a lower agreed value when I go pick it up.
In reply to AngryCorvair (Forum Supporter) :
If it's not as bad are you going to lobby for a higher one also? 
Stampie said:In reply to AngryCorvair (Forum Supporter) :
If it's not as bad are you going to lobby for a higher one also?
As far as you know, that is exactly my plan.
In theory, wheels are in motion. In practice, I’ll let you know in a week.
AC, if you have any questions about teaching teens, it's what I do albeit high school driver education. Teens are teens however. It's about building relationships, being honest and firm, and holding them accountable for their decisions. Do you have the automotive math handbook? Great for ideas. I've used it to help kids who struggle with math find a common connection to their passion. I also taught at the tech center for a year in the auto program locally before doing DE.
Gotta see pics if the odyssey towing it home on a dolly!
In reply to vwcorvette (Forum Supporter) :
do not have that one but can certainly get the school to buy it for me. thanks for the tip!
johndej said:Gotta see pics if the odyssey towing it home on a dolly!
you'll see pix no matter the tow vehicle
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