1987 BMW 325is

• Black paint is mirror-glossy on every panel in the showroom photos, the gold pinstripe runs straight, panels line up evenly and the basketweave wheels are bright — no paint or wheel budget from these photos.
• Tan leather seat bolster in the close-up is smooth with no cracking or tears, and the rear seat visible behind it looks clean — budget for leather feed, not a retrim from these photos.
• Footwell carpets look grubby and marked around the pedals in the close-up, and the headliner shows light staining near the sunroof — budget for a deep interior clean, not new trim from these photos.
• Engine bay is tidy with bright blue silicone hoses, though the coolant expansion tank is yellowed with age — presentation is good, but photos cannot judge how it runs.
• Underside floor looks solid and dry in the lift photo, with surface rust on the exhaust front pipes — no floor budget from these photos, an exhaust tidy at most.

Money: At $19,900, under the $23,000 grey auction 325is, the photos match on paint and wheels and give ground only on cabin cleanliness — grubby footwells and a stained headliner edge are clean-up money, not repair money.