The BMW 1600-2, later just 1602, was the genesis of the celebrated 02 Series. Introduced in 1966, it established the formula of a compact, lightweight sedan with a responsive engine and a sophisticated chassis. It set the stage for the iconic 2002 but is notable in its own right for offering an even purer, more elemental driving experience thanks to its slightly lower weight.
Collectors appreciate the 1600 for its historical importance and its classic, uncluttered design, especially the early models with round taillights. While often living in the shadow of the 2002, the 1600 is gaining recognition as a collectible and enjoyable classic. The market recognizes this, with clean, well-sorted cars showing steady value appreciation. It's no longer just a cheap alternative to a 2002.
The current market shows a huge spread in values, with an average sale price near $30,000. Project cars can be found for under $1,000, but fully restored examples and rare coachbuilt variants, like the Baur Cabriolet, can command prices up to $150,000. Most transactions for solid, driver-quality cars fall in the $20,000 to $45,000 range.
Buying Tips
- Rust is the biggest issue; check shock towers, rocker panels, floor pans, pedal boxes, and the spare tire well.
- The M10 engine is durable, but listen for timing chain rattle on startup and check for signs of a blown head gasket.
- Carburetor issues are common. A poorly running car may just need a tune-up, but factor in a potential rebuild or replacement.
- Interior parts are becoming difficult to source. Cracked dashboards and torn seat upholstery can be expensive to properly repair.
- Verify originality. Many cars have been modified with parts from the 2002, which can affect value depending on a buyer's preference.
Prices range from as little as $850 for projects to $150,000 for exceptional or rare coachbuilt examples.
180 BMW 1600 & 1602 vehicles have been tracked across auctions and listings on Hypercars, with 15 currently live.
Data sourced from Bring a Trailer, Cars & Bids, eBay Motors, PCarMarket, and Collecting Cars. Updated daily.
Run a business in this market?
Get Hypercars OS
