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Classic Cars Restoration Advice
220 messages, Last post on May 31, 2009 at 5:49 PM
You are in the Classic Cars Forum. Your Host is mr_shiftright
I am looking to buy a 1966 thunderbird, would like a rag top, but will end up most likely with a landau. My question is, if i can not find color and options i would like to have, would it harm the resale value down the road if were to change the exterior color or interior as long as my choice was offered by ford on that car in that year? And what about adding options that the car dose not have,but were offered?
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Replying to: tbird8 (May 26, 2009 11:27 pm) The color change might turn off the occasional purist but these people never buy anything anyway.  As an appraiser, I don't deduct value on a later T-Bird for a color change, as long as it is a bare metal respray. If you have a blue car with a red interior trunk lid and door jambs, well then, another story.... On a '57 Bird with an E code, yeah, I might deduct value, as these are far more rare and valuable cars. And if you can add factory AC, all the better for value. |
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Replying to: tbird8 (May 26, 2009 11:27 pm)
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Replying to: texases (May 27, 2009 7:33 am) that means glass out, trim off, upholstery out, and maybe engine out--can't recall if that year's engine bay is black or color co-ordinated. Might be worth doing if you found a really nice car with a ruined paint job or something that say got rear-ended and that you could buy dirt cheap. |
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What would a '66 Thunderbird Landau with a new $7,500 paint job be worth? Intuitively, I don't think it would be worth spending that kind of money on a '66 Bird, unless, maybe, if it were a convertible. Maybe. I say this only because the supply of this type of car will continue to shrink, and in, say, 20 years it'll be rare. By then, the collector market will be even more globalized, which should further increase demand. Also by then, all this stimulus money will likely have reduced the value of our currency, which would further support prices in nominal terms. That said, though, the future value issue should be a distant second consideration to how desirable this car is right now to a particular person.
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Replying to: hpmctorque (May 27, 2009 8:50 am) A clean driver '66 Bird coupe with a decent "street level" paint job is worth about $10K. Any '66 Bird needing work dives in value considerably because these are expensive cars to restore.
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Replying to: Mr_Shiftright (May 27, 2009 9:07 am)
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Replying to: hpmctorque (May 27, 2009 10:05 am) A $15K coupe would have to be pretty close to "great" in condition. Most of the ones I see have nice paint, pretty clean interiors, clean but less than spiffy engine bays and old unpainted/undetailed/unrebuilt undercarriages. That's a #3 car and not a $15,000 one. |
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Replying to: hpmctorque (May 27, 2009 10:05 am) They handle like an overloaded cruise ship. They are hard on suspension parts and tires, they wallow around corners and they have boatloads of electrical and vacuum leak problems. If I were tempted to buy one (and I could be), I would pick one that is already done. I would never change the color of a car and, no, I'm not a "purist", I just don't like the results unless HUGE money is spent and 7500.00 plus is way to much for a T-Bird that will never be worth big bucks. But, that's me. |
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Replying to: isellhondas (May 27, 2009 1:13 pm) |
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