1989 BMW 750iL V12 with Only 3,000 Miles but an Asking Price of $48k

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In 1987, BMW made history with the presentation of its first ever V12 automobile (the company had made V12 engines before but they were used on aircrafts) and the first 12-cylinder German car in almost half a century, the 750i and its long wheelbase sibling, the 750iL from the E32 series.

Codenamed M70, the 5.0-liter V12 engine produced an output of 300bhp (304PS/224kW) and a peak torque of 450 Nm (332 lb·ft) and was linked to a four-speed ZF automatic transmission. The same powertrain also found its way under the hood of the 850i in 1989.

With more than two decades on its back and a hefty price tag at its time, the E32 750i / 750iL is not an easy find today - let alone in pristine condition, which makes this 1989 750iL that's up for grabs on eBay all the more interesting.

Located in Florida, the burgundy colored 750iL has only a mere 3,000 miles (about 4,800 kilometers) on its odometer, which virtually makes the car brand new!

The problem is that the seller is also asking for a "new car" price as the 1989 model is listed with a "Buy it now price" of US$48,500 (equal to €37,800).