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220 messages, Last post on May 31, 2009 at 5:49 PM
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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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Replying to: isellhondas (May 27, 2009 1:13 pm) The restorer is honor bound to be dictated by the I D tag, buck tag, & any other factory labels on the car. To do otherwise is similar to not getting an A+ on the test. After factory "add ons" lead to missrepresentations, for example, today there are more 65 & 66 Mustang GT's than the factories built. Be correct and be cautious when restoring anything.
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Replying to: euphonium (May 28, 2009 9:44 am) As for originality, you'd be crazy for instance to keep the turboglide transmission in a '59 Impala or bias ply tires on an old T-Bird. What you don't want to do is start chopping into a car or welding on it. These I would agree are no-nos unless you are going full-bore custom. But in my book, anything "reversible" is fair game on an old car. And let's face it---many old cars are not historical monuments, they are just old cars. Some history is not important enough to preserve with intense accuracy. That's what "survivors" are for.
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