Man. $2,000 for a car with 160K miles. My 96 I got 5 years ago with 119K for $7,000. Has 190K now. With all the things that have worn out on a 20 year old car (including transmission) I'll bet I have put close to $20K in it - seals, trans, shocks (2x - Bilsteins!), front bumper repaired ($1,200), radio, tires, brakes, seat cover...those I just remember off the top of my head.
And this was an original owner, a multi millionaire with 4 MBs.
Those buying these cars have 2 options: Either put money into them and drive them for years or deal with stuff going out for the duration of the ownership experience. How many can put their own transmission in? That was a job even for the dealer, as he discovered for '96 the 722.6 had a different controller so even that had to be updated.
I get the feeling that these cars that have been maintained impeccably (particularity by 4th to 6th owners) are almost non existent. If you can find one of those
is the deal of the century.
I'll bet I would be "lucky" to get a $3,000 premium for all the things I have done. But I intend to keep it for years and drive it.
Other than my rattling cats (shop says factory ones won't be available until August!) - I don't want to go to Midas - car could be driven anywhere.