... but a $5,000 purchase price would leave a little "meat on the bone" for a profit-making flip.
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Prince Edward Island
'64 Parisienne CS "barn find" - last on the road in '86 ... Owner Protection Plan booklet, original paint, original near-mint aqua interior, original aqua GM floor mats, original 283, factory posi, and original rust.
yeah its a pretty tough market for project cars. i see alot of them that should be worth a fortune, but the sellers are being offered 1/3 of thier asking prices. it would be really nice to see the classic car market bounce back to where it once was. my fingers are crossed
the guy that can do 90% of the work himself for a solid project will pay more.... the guy who has to sub everything out other than putting fuel in it... well ...you get the point...buy new....
I have my 67 Bird 326 car, in the same project category. I haven't thought of a price on the market, but would side with Rick's 10 -12G,, depending on motivation low of $7500....
now realize here...these are western Prices ..LOL !!!!
AGAIN>>>THIS IS MY OPINION, most likely out to lunch,, most likely why I don't sell anything...
I agree with Carls comments.
427carl wrote:
SO Ken is saying... and it refers to all our cars...
Its not what they are WORTH, its what you can GET for them......
"Money Talks Bull **** walks".... sign at Leo's Auto sales in the 70-80's
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later...rog
AADD supporting member !!
I'm a collector...not a builder!!Located in sunny central Saskatchewan at the lakehead!
I've had to sell off 10 of my cars in the last year for one reason and that was not by choice. I lost money on them all. Some quite a bit, others a few hundred. It's still at least 50% off of 2007-08 prices. If you can't deal with that, then hang on to them. Everyone likes to think their car is worth lots, but reality is they are not.
Don't get in this hobby if you think flipping cars can be done for profit. Anyone can sell a car, very few and far between will make any money on them!
I have a pretty decent 2nd gen with a great set up in it (fresh from the clutch back, muncie, posi rear etc) and I cant get 5500$ over the last 2-3 years of trying. I think for 10 g's you'll still have it for the spring. Just my 2 cents though. Good luck with the sale as I havn't had any.
I had this exact conversation with a car guy last night, over 3 years , his profitable car flipping slid to a non profit venture ,, any gains he made over the years were lost in the last 3 before he gave up on the flippin in his spare time !
eeluddy wrote:
Don't get in this hobby if you think flipping cars can be done for profit. Anyone can sell a car, very few and far between will make any money on them!
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later...rog
AADD supporting member !!
I'm a collector...not a builder!!Located in sunny central Saskatchewan at the lakehead!
Since the car is in primer and not painted you could swap the hood with a repo SS hood, you already have the fin on the back and the rally rims, a couple SS stripes and badges it might pay itself off to sell as a SS clone that's good on gas, Just a thought. I personally like the fact that the original six is there and not yanked for an v8. I personally would restore it and keep it original.
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1958 Pontiac Stratochief 1967 Camaro SS 1968 Camaro SS 1959 Lincoln
I don't actually have to sell it, especially since I didn't get the house. It went for more than the asking price.
I think I am going to throw an SS hood on it and keep fixing it up - the car is a great driver. If I get sick of the original six, I can yank it and drop the 454 I have sitting at the shop in it. I think the gas milage might take a hit though.
-- Edited by RacerRick on Tuesday 8th of February 2011 08:24:33 AM
yeah, you,re best off to keep it if you dont have to sell it. you would almost have to give it away to get rid of it, but you would have to fork out some decent money if you were looking to buy one.
