I was thinking the same thing about depreciation but goddam....a 21 year old car for about the price of a brand new 3 series? Crazy.
I don't have that kind of cash flow right now anyway. I was seriously thinking he'd say something like $17k. I guess I have no idea what the market is for these things....the air-cooled ones seem to have reached collectible status. For comparison, I found a 2001 water-cooled 911 with about 100 more horsepower, less miles, for LESS money.