Quote:
Originally Posted by onewhippedpuppy
Hasn't driven in years. Buried under junk. Almost 50 years old. All the way across the country. Yeah.......
What it needs is called a restoration, which usually takes months to years and thousands of dollars. What does your non-mechanically inclined friend think, that you just hop in and turn the key? Every mechanical system will need refreshed, every rubber hose will need replaced, every fluid will need to be changed. That's if he's lucky and the engine isn't seized or rats haven't eaten the wiring. Furthermore, what does he plan to do with a 50 year old car if he can't fix it up? I hope he has a healthy bank account, because he's going to need it.
|
That's what is know as reality talking........
A 64 Pontiac Convertible is worth between $20,000 to $30,000. Now saying that, that is if the car has bright shiny paint with a nice interior and the top looks great. The chances this car being stored with stuff piled all over it has those three things is almost nil. Also some parts for a 64 Pontiac are NLA. A buddy had a 64 for the past 5-6 years. He sold it this summer. He had to do a transmission swap because there are no longer any rebuild kits available for the stock trans. I think it cost him about $2K for the trans upgrade.
To determine what it's worth take the market value of the car and start deducting the costs to make it a driver and then deduct what it costs to make it look great. Start with the cost to get it home. -$2,500 to -$3,000 to have it towed across country