1988 BMW M3

This auction is for a 1988 BMW E30 M3. This car is a non running project car with some rust issues. I bought the car several months ago. A few weeks after purchasing this car. I had the opportunity to buy an E30 M3 in a lot better condition. So. I am putting this car up for sale.   The car has a clear Arkansas title but carfax shows a complete loss in 2006.  
The car is currently not running and has been parked in a warehouse for around the last 10 years. according to previous owner. I had a mechanic friend use a bore scope and he was able to determine the piston in the #1 cylinder is broken. The engine has not been torn down for further inspection.  The exhaust is all there expect for the muffler.  
All visible vin numbers are matching. The car has rust in both floor pans. The driver's side appears to be worse than the passenger side. Looks like the previous owner made a temporary patch in the floor around the gas pedal. There is some rust around the wheel arches. at the bottom and top of windshield. and in the trunk around the jack area and battery tray. It has a few cracks in the strut tower under the fuse box. The car has a few dents in the driver's door.  It has a small crack in the bottom of the front bumper. The paint is chipping in some areas like the front fenders. hood. and side of the trunk lid. Some of the panels appear to have been repainted at some time in it's life.  It appears the car was in an accident at some point because of the rust at the back of the battery tray and bubbling  in the passenger side quarter panel. It also has some scuffs. scratches and dings here and there. The rear spoiler is discolored compared to the rest of the car. One of the headlights is cracked also. The wheels are in fair shape. All center caps are included. One wheel has a bend and another has some finish coming off. See pictures.
The dash is crack free. Carpet has some stains and a hole under the clutch pedal. Driver's seat has holes in the leather. in the bottom. and top portion of seat. The rest of the seats are in decent condition with no rips. The plastic door trim is included. but is not shown in pictures. They were pulled out to show rust in the floor.  
Basically. this is a mostly complete e30 m3 non running project car that needs some paint and body work. I have tried to represent this car to the best of my knowledge. I'm trying to be truthful so the buyer will have no surprises once they get the car.
The winning bidder is required to pay a $500 non refundable deposit within 24 hours after the auction is closed.  Car is located in central Arkansas.

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