1988 BMW E30 M3 Project Car in Santa Monica for $20,000

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Spotted for sale in Santa Monica is a 1989 BMW E30 M3 Project Car for $20,000

Is this worth 20k?

Up for sale is a 1988 E30 M3 that has sustained fire damage.
Car has been completely dismantled. Chassis frame has been sandblasted, primed, sitting on a rotisserie ready for restoration. Complete with fenders and quarter panels. Needs doors, bumpers, hood, interior, etc. Comes with original engine but needs complete rebuilt. Original gearbox, front and rear subframe, and differential. In addition, comes with a complete 2017 BMW 330i that has sustained a car accident, but it is in excellent running condition which was intended for the power plant to be used in the E30 M3 which produces 300hp with a basic tune.

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