Some of you may remember a "cheap" 540iS popping up on Marketplace in circa 2021. It was this car, with awful paint fade.
Listing:
https://www.facebook.com/share/14bXNXGGjh/
Everyone was after this car, including me, so I know it sold for a fair bit more than the asking price.
This guy bought it and had it repainted along with the wheels being refurbed. I'm not sure how much mechanical work was done.
I have seen the car in person and met the owner. From memory (don't quote me on this though) he told me the paint job was to the tune of about $20K. It is a nice, professional job overall, but I noted small amounts of overspray on door handles gaskets etc, and there was some orange peel as well (which made me think it either cost less, or he got ripped off).
The paint is definitely far better than the paint on the majority of NZ's E34 fleet - this is just me being extremely picky because I was told it cost so much. The car does (on the exterior at least) present very well.
In terms of price, it's a nice car but its certainly a ridiculous figure. The Avus blue one had no takers at $26K, and there was a 420G manual converted auto 540i with sports seats, LSD and throwing stars on trademe for $12K with no takers. They are good cars but $45K is deep into proper M Car territory....
Could be the lighting, but orange peel next to license plate and above tail light?