1964 Pontiac asking $45,0000.00 Is it worth 45K?

64 Hard Top · Addicted!

1964 Pontiac asking $45,0000.00 Is it worth 45K?

Pontiacanada · A Poncho Legend!

I don't think so.
It's a "custom", but not a Custom Sport. The $2,000 trunk it is not to my tastes.

http://www.autotrader.ca/a/PONTIAC/PARISIENNE/MILLBROOK/Ontario/25_10460869_/

If you are looking at that car, why not look at this pricey car. It has a way nicer engine treatment. (scroll to 2nd. car):

http://www.classicconvertibles.net/cars4.htm

-- Edited by Pontiacanada on Saturday 13th of November 2010 05:24:43 PM

davelacourse · Poncho Master!

Gotta be a BIG motor if it is 30000 oversized! Har!

Agree $45K might be cost of total restoration but value at the end? I think not.

Dave

67custom · Guru

Seen that one also, it has a lot going for it but not 45 big ones

Must not really want to sell

ga · Addicted!

no

73SC · A Poncho Legend!

Someone said the other day on that 68 427 post that there are no experts on here so we should basically shut up on prices and values of cars. For some reason some people get emotional about this.

Well I certainly disagree with that person. Clearly if you are a member on this forum you have above average knowledge about Canadian Pontiacs and do have expert knowledge. Many of us follow sales of these cars and in particular models we may own.

In the last two years we have documented high dollar sales in three instances, Al Webster's 1958 348 tri power convertible Parisienne sold for $97,000, then there was the ebay sale of $50,000 for a 1969 convertible Parisienne 427 car in Florida and another $50,000 sale of a 1969 Acadian SS. All of these cars were restored to near factory condition. There were also a couple 68/69 Beaumonts in the $40,000 range too.

The instances of obtaining a $40,000 price is remote as we have seen. In the car business this would be known as a one shot car, I suppose there is one person out there who will pony up because it is a masterful resto mod.

beaumontguru · Canadian Poncho Superstar!

I think this guy will have trouble squeezing 15,000 out of it in this market, but because it is a W-motor, it might push up closer to 20 for the right person.

Personally for anything over 10,000, i would want to see the correct sparkplug wires atleast.

And you have to ask youself, "what kind of bad welding is hiding under all that trunk carpet?"

I hate to say it, but if it was a 64 impala, the price would be a bit more in line(but still to high for the quality)

Canadian Poncho · A Poncho Legend!

All it takes is one person who HAS to have it. These guys are out there! If I had the means and there was a car I wanted that I had emotional attachment to, I likely wouldn't worry about the price.

427carl · A Poncho Legend!

car is well worth 45,000.00 to someone

Steve C · Guru

Pontiacanada wrote:

I don't think so.
It's a "custom", but not a Custom Sport. The $2,000 trunk it is not to my tastes.

http://www.autotrader.ca/a/PONTIAC/PARISIENNE/MILLBROOK/Ontario/25_10460869_/

If you are looking at that car, why not look at this pricey car. It has a way nicer engine treatment. (scroll to 2nd. car):

http://www.classicconvertibles.net/cars4.htm

-- Edited by Pontiacanada on Saturday 13th of November 2010 05:24:43 PM

Nice comparison! I think I would take the white one biggrin

427carl · A Poncho Legend!

Heres a reminder dave plummers car $225,000.00 restoration

Reply Quote

Thanks for the warm welcome! Someone asked for more details about my car, so here they are... it's a long, but not necesarily interesting, story

About the time I was born in 1968 my Dad had a black 1961 Laurentian 348W, and when the new 69s came out he wanted one. He couldn't find a black one, so the dealer took a blue one and did a complete color change (you'd think a dealer trade would have been easier, but oh well). Although it had every lighting option and a number of weird upgrades like deluxe chrome seatbelts, it was otherwise a vanilla 350/250hp Powerglide car.

The car then has been black with a white top since it was a month old. Dad drove it sparingly, putting on 50K in the next 16 years. When I turned 16 he gave me the car, and over the years I put another 50K on it (mostly one lap of the local cruise circuit at a time....).

I made all the requisite mistakes on the car, and it went through a couple of repaints, a 396, 4.11 gears, headers, and so on. When I moved down to the US in '93 I left it behind, but had it shipped out a few years later and started working on it. Even though I had gone through and "redone" most of my teenage work, the urge to have a full restoration back to factory appearance overtook me. I figured either John Balow's Musclecar Restorations or perhaps Legendary Motorcar would be the best, and I knew from watching whatever TV show they have that they'd worked on a '69 2+2, since I saw it in the background a few times.

A collector in Ontario sort of warned me off Legendary (warranted or not, it was all just rumor and conjecture), so it went to Musclecar Restorations where its been ever since.

It's a complete frame off, nut and bolt restoration, as people call it. The body was soaked in the dip tank for a month to ensure no residual rust, and then soaked in the rust prohibitor/undercoat, and they went to work on the metal. It wasn't too bad, but if you've done one of these cars then you know their unique nature means nothing is really available in terms of panels, so it was English wheel and hammer and dolly to form whatever new panels they needed.

Since the car was nothing special (to anyone but me), I opted to make it into the 427, 2+2, 4-spd hybrid as described earlier. That meant welding up all the side trim holes, converting to 4-spd linkage, and host of other changes. I had also put on a JL8-style rear disc conversion which we're keeping.

When its all said and done I'll have $225,000 into a car worth $10,000 on the open market, but it'll be more fun to me than a Ferarri F430, so there you have it. Explaining to the wife what I thought would be a $70K restoration turning into almost a quarter million was no easy task... but as I told her, I love them both but in all fairness the car was there first

When I was little kid each year we took a photo of my Dad, me, and my brother putting on the new license plates, number 116. I have the same plate (116) down here in Washington, and we take the same photo every year (when the car's here), so its a 40-year old tradition. I won't post my baby pictures here, but you can imagine its a sentimental tradition (my Dad passed away in 96).

Anyway, I'm eager to have it back and have a car that's better than new and fully sorted out and dyno tuned... I'll probably be too scared to drive it and just sit on a lawn chair in the garage and stare at it

64 Hard Top · Addicted!

You're absolutely right. There are plenty of guys out there who can stroke a cheque for 45K for a "hobby" car. And the clincher is if they've got some kind of emotional attachment to it. So ,. really,.. there is a buyer out there for every car,. at almost "any price". It's more a matter of "how much can you get",.. than "how much is it worth on the open market. And of course finding that one buyer who had a red '64 Parisienne convertible on prom night and ,..remembers...

I'll bet the red '64 has aged more gracefully then most prom dates

-- Edited by 64 Hard Top on Sunday 14th of November 2010 12:39:35 AM

Elroy · Poncho Master!

ya you guys are right, its worth what it sells for whatever the price is , for that moment, to that buyer and thats it cause it is SOLD proving it, and tomorrows another day.....

Steve C · Guru

The difference is that Dave P refered to his car as a $10,000 car. I can understand dumping a large amount of money into a car that you could never sell for what you have into it. I can relate I have been riding around in my dad's 67 Beaumont from the day I was born. If I ever get that car I would be willing to do the same. People need to understand this is a hobby 1st and an investment 2nd and in most cases a poor investment depending on your timing. At the end of the day you are selling a toy and if you expect to see the big $ your toy car better be close to perfect.

73SC · A Poncho Legend!

I don't necessarily disagree with what Steve C says however like anything in life there is a wide cross section of individuals participating in the "hobby" with a wide range of agenda's and integrity. I learned long ago that it is a bad practice to assume everyone else is operating with your own set of values and motivation because that is just not the case. At the end of the day there are plenty of people making a business out of this "hobby".

locomotion · Guru

it is a nice car, but not even a custom sport
and not a "correct" restoration in my taste
there is plenty of custom cars on Ebay and elsewhere for less money

gtodrive · Guru

73SC wrote:
In the last two years we have documented high dollar sales in three instances, Al Webster's 1958 348 tri power convertible Parisienne sold for $97,000, then there was the ebay sale of $50,000 for a 1969 convertible Parisienne 427 car in Florida and another $50,000 sale of a 1969 Acadian SS. All of these cars were restored to near factory condition. There were also a couple 68/69 Beaumonts in the $40,000 range too.

I am one of the three instances...the '69 427 2+2 convertible that I paid $45,100 for. This car, however, was not restored to a near factory condition and I will have another $15,000 into it when I am done. It is, as I've mentioned before, a car that I have always wanted to own. Being only 1 of 10 helps make it easier to put more money into it. For me, it's about this car being unique and I don't care if I've lost money on it. I love the car. This is what is so great about the car hobby...different tastes and view points. You gotta respect that!

grande jim · Guru

I think that most of us ....who have a good knowledge of these cars..have an expected price these cars should sell for at this point in time, in this market. So..we all have a preconcieved value in our minds that we think ..to the best of our knowledge and the recent appraisers knowledge...to be correct!! But as we have all seen at the BJ auctions, cars well sell for what ever someone is willing to pay for it!
I do think as others here do, that some people are really out to lunch on the way they price there car, and for that person they will either get lucky and find the one in a million buyer to pay there price, or it won't sell for a long long long time. and hopefully the seller will then get the hint that he's out to lunch and needs to come to reallity and lower the price.
I guess what I'm trying to say is...there will always be people who over Value there cars for what ever reason that may be.....I think we as car lovers get personally offended sometimes when people do this because it puts prices way out of sight for the average car guy! Reality is.. a rich man could pay whatever he wants for a car, AND WILL..the rest of us buy a fixer upper and fix it, and love it, and drive it and if we sell it...were gona get as much as we can for it!! ( within reason of course )!!!!!