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Project Cars--You Get to Vote on "Hold 'em or Fold 'em"

19405 messages,  Last post on Dec 03, 2009 at 8:50 AM

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What is this discussion about? Classic Cars


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#16012 of 19405
Re: Contestant # 1: A 1954 Plymouth Savoy [andre1969] by Mr_Shiftright HOST
Nov 28, 2008 (2:29 pm)
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Replying to: andre1969 (Nov 28, 2008 5:49 am)

Paying more than the car is worth merely takes away from your restoration budget, and to no good purpose. This is especially true of common cars like 60s Mustangs, where there are so many to choose from and the market value is so well know. There's no excuse for paying more than market price for one of those.
 
if the car is extremely rare, say one of 100 or one of 500, you may have no choice but to pay the asking price, if you are really hot for that car.
 
Last of all, you have to look at the car's options/color/engine in order to decide what to pay. Is AC on a vintage car worth an extra 10%? Yep, probably is. Is the color red worth more than baby poop brown? Yes again. Is a 6 cylinder Mustang worth the same as a V8? No way.
#16013 of 19405
salvaged bimmer by qbrozen
Dec 02, 2008 (7:44 am)
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Trying to pin a value on this
 
I watched it the first time it was listed, and now its back to tempt me a 2nd time. What do you folks think its really worth?
 
I keep telling myself I don't want a convertible. Don't want the extra weight, nor do I care to drive with the top down very often. And if it will be my track car ... well, obvious reasons for no 'vert.
 
However, its a 325 manual tranny that maybe could be had cheap. SOOOOO... ??
#16014 of 19405
Re: salvaged bimmer [qbrozen] by srs_49
Dec 02, 2008 (8:39 am)
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Replying to: qbrozen (Dec 02, 2008 7:44 am)

Well, I paid $2500 for my '87 325 back in 1999 with 125,000 miles on it, so it was "only" 12 years old at the time, and I still drive it regularly. He's looking for $3100 for a car that's 2 years older than mine was.
 
The sellers says he has new leather seats (mine had cloth) and he's replaced the rack and pinion (something I had to do in 2005?), new sound system, and struts all 'round, so he has some money put into it. I wonder when the timing belt was changed out - do '94's still use the rubber one, like my '87?
 
One thing I would worry a bit about is how it's been driven. The seller says he's replaced the clutch, pressure plate, etc. I still have the original clutch in my '87, with around 188,000 miles on it, and they are pretty much bullet proof. So makes me wonder why the clutch replacement?
#16015 of 19405
Re: salvaged bimmer [srs_49] by qbrozen
Dec 02, 2008 (8:44 am)
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Replying to: srs_49 (Dec 02, 2008 8:39 am)

I paid $3300 for my automatic '87 325i with 114k miles about 17 months ago. But I paid for condition (zero rust, even on undercarriage, all working electrics, new top, etc). Its tough to find decent ones.
 
The new leather is definitely a plus for me. Our current one could use it, but I don't want to spend the money. Its big bucks. Like you said, he's done alot of work, which is the only reason I'm considering. Ours also could use new bushings all around. But, again, just not willing to do that yet. I'm afraid my wife will tire of it any day now and I'd have spent the time and money for nothing.
 
188k miles on one clutch is rare. Very rare. Not only is it how its driven, but where its driven. If you are in bumper-to-bumper every day (for example), that's going to kill it, no matter how gentle you try to be.
#16016 of 19405
Re: salvaged bimmer [qbrozen] by Mr_Shiftright HOST
Dec 02, 2008 (9:43 am)
Reply

Replying to: qbrozen (Dec 02, 2008 7:44 am)

This car smells like trouble from the get-go. I wouldn't touch it with a ten foot pole personally.
 
You'll just end up like the previous owner. Sinking money into a salvage title car is a one-way street. Even if you "improve" it, you don't get a dime more for it. Given what he's replaced, the car obviously didn't have a dime in maintenance spent on it in its prior life, AND it was totalled besides.
#16017 of 19405
Re: salvaged bimmer [Mr_Shiftright] by qbrozen
Dec 02, 2008 (3:08 pm)
Reply

Replying to: Mr_Shiftright (Dec 02, 2008 9:43 am)

Good point.
 
Now for the other end of the spectrum:
Possibly the nicest '86 911 I've seen in quite some time.
#16018 of 19405
Re: salvaged bimmer [qbrozen] by Mr_Shiftright HOST
Dec 02, 2008 (3:36 pm)
Reply

Replying to: qbrozen (Dec 02, 2008 3:08 pm)

Yeah well seeing is believing. That's a mighty ambitious starting bid for a car with ZERO information about it, a claimed 76K miles, and being posted "for a friend" AND from NJ, the ferrous oxide capitol of the world. That's top retail as an opening bid, not a good sign. Why not just sell this "gem" locally?
 
I'd much rather see a car like this with 20 photos, a VIN #, a service history and the real owner to contact.
#16019 of 19405
1962 Ford Galaxie by andre1969
Dec 02, 2008 (3:55 pm)
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y'all remember my friend who had the 1965 Volvo 122 wagon on eBay a couple months ago? He had sold it because he had recently picked up a '62 Galaxie. Well, now he has that one up for sale!
 
I had never seen the car in person, but for some reason I thought it was more of a bluish green, whereas I guess this is more of a sage green?
#16020 of 19405
Re: salvaged bimmer [Mr_Shiftright] by qbrozen
Dec 03, 2008 (8:16 am)
Reply

Replying to: Mr_Shiftright (Dec 02, 2008 3:36 pm)

I agree.
 
And thanks for info on the price. I was wondering (as I am clueless on Porsches, as I believe we all know by now).
 
We CAN have rust-free cars here. Ya just can't drive them in any inclement weather, always keep it in the garage, and never live or drive near the ocean.
 
Of course, as the owner's town's name indicates, he lives ... ummm... ahhh... welll... right by the water.
#16021 of 19405
Re: salvaged bimmer [qbrozen] by Mr_Shiftright HOST
Dec 03, 2008 (8:29 am)
Reply

Replying to: qbrozen (Dec 03, 2008 8:16 am)

Well it could be a GREAT car, but you'd never know much from reading the ad one way or the other.
 
80s Porsches are still "used cars"---by that I mean that the OLDER they are, the LESS they are worth--so they are acting like used cars, not collectibles, which, of course, generally do the reverse--as they age they become more valuable.
 
Given that, you want to be careful not to pay over retail for one because you could suffer further depreciation.
 
For Carreras of that type, I like 1987 on up, then skip the C2s all together

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