I think that we are just not used to the prices as these cars appreciate.
they could be bought not too long ago for $25K and then I thought they were crazy!!! I will kick myself in 10 years when these cars hit new price levels.
did you see the E36 LW on BaT?
going north of $150K
Thing is, I've also been looking at Auction America results, RM Sotherby's, and many more, and his price is still a dreamer's price.
To get back 60k CAD, he will need extensive paperwork and filing for the car, and the car would have to be near concours condition with rare options. All it has right now is unverified low mileage.