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

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Comments

  • lemkolemko Posts: 15,120
    I will probably be able to find a 1976 Mercedes in mint condition long before I find ANY 1976 Accord in any condition around here. There was a 300D for sale a couple blocks over from my place. I was considering buying it until I found out it would be slower than molasses in January above the arctic circle.
  • fintailfintail Posts: 33,505
    There are some first gen cars still around here. I remember a very early Accord in town when I was a teenager (90s), old people car, it looked brand new. I suspect it is still there.

    Oh, a 300D is molasses in May. A 240D is molasses in January. And a 190D fintail or even older diesel - cold tar.
  • Mr_ShiftrightMr_Shiftright CaliforniaPosts: 44,404
    I doubt if many 1976 Accords even exist anymore....perhaps a handful stashed somewhere.

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  • boomchekboomchek Vancouver, BC, CanadaPosts: 5,108
    edited February 2013
    $5k for a 1964 Continental Convertible but it looks like it needs everything.

    1964 Continental on Craiglist

    I'd paint it black as I think it's a more desirable color for these cars but I'm guessing mechanicals could be $5k on the low side, paint and body $10k, and interior another $4k? I'd be in it for about $25k if I'm lucky, maybe better off buying a resotred one already?

    2007 BMW 328i Sports Pkg, 1993 Honda Accord EXR (my 33rd car).

  • texasestexases Posts: 5,511
    I guess "beauties" are in the eye of the beholder...and I wonder where somedody can find a new or rebuilt "corroborator"...

    I bet it'd be $0.50 on the dollar, restoration costs vs. eventual sales price...
  • Mr_ShiftrightMr_Shiftright CaliforniaPosts: 44,404
    Oh, you're looking at $60,000 easy to restore this car. This is a large, complicated automobile, with very expensive parts and lots of rare intricate parts that have to be hand-restored.

    Im thinking more like

    Mechanicals---$12,000 (engine, trans, differential, suspension, brakes, power steering, power brakes, radiator, wiring harness, driveshaft, wheel bearings, springs)

    Body and Paint---$18,000 (strip to bare metal, remove all glass and trim, remove interior, remove top, strip dashboard and instruments, steering out, body off, rust repairs, metal fabrication, paint)

    Interior -- $8000 (leather upholstery, door panels, carpeting, kick panels, dash

    chrome -- $6000

    Top -- $3000 -- includes overhaul of top mechanism

    Misc -- $10,000 (tires, wheels, trim, electrical, faux finishes, hand fabrications, glass, etc).

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  • boomchekboomchek Vancouver, BC, CanadaPosts: 5,108
    And I guess you gotta find somebody who knows what they're doing. I can't see any common body shops taking on a job like this and doing it properly.

    2007 BMW 328i Sports Pkg, 1993 Honda Accord EXR (my 33rd car).

  • boomchekboomchek Vancouver, BC, CanadaPosts: 5,108
    At 0.50 on the dollar it sounds like a good investment lol :lemon:

    2007 BMW 328i Sports Pkg, 1993 Honda Accord EXR (my 33rd car).

  • Mr_ShiftrightMr_Shiftright CaliforniaPosts: 44,404
    I know a gentleman who restored a '64 Continental, and I believe his bill was about $124,000. Things kinda got out of hand, but it reminds me of that passage from Macbeth, where he says (paraphrase)---"well, I've waded into the middle of the lake of blood---whether I go forward or back I'll get equally drenched".

    Another example of having a budget and budget control before you start your restoration.

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  • boomchekboomchek Vancouver, BC, CanadaPosts: 5,108
    Wow $124k is a lot!

    2007 BMW 328i Sports Pkg, 1993 Honda Accord EXR (my 33rd car).

  • Mr_ShiftrightMr_Shiftright CaliforniaPosts: 44,404
    Prize-winning car, though. Pretty near perfect no matter where you look.

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  • fintailfintail Posts: 33,505
    edited February 2013
    If you want a perfect showpiece, ante up and restore one yourself. If you want a nice driver, spend 30-40K or so on something someone else sunk 60-70K into.
  • hpmctorquehpmctorque Posts: 4,167
    edited February 2013
    Ah come on, for a '64 Conti convertible it would be cheap at twice that price! ;)
  • boomchekboomchek Vancouver, BC, CanadaPosts: 5,108
    Yeah I saw one in LA Craiglist for $35k.

    64 Conti in LA

    2007 BMW 328i Sports Pkg, 1993 Honda Accord EXR (my 33rd car).

  • Mr_ShiftrightMr_Shiftright CaliforniaPosts: 44,404
    Not a very encouraging car from the photos at least (bad paint, hard leather, irregular door gaps)--might be a tarted up rust bucket.

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  • stickguystickguy Posts: 14,154
    there is a show on one of the cable channels about a dealer down in miami (south beach classics). on one episode, a guy brought in a conti like this to sell, and wanted soemthing like 20K for it. I think the buy offer was 5K, after the dealer (Ted) pointed out how expensive it was going to be to fix the obvious flaws, like a top that did not work by motor.

    classic case of no way to restore for what it is worth, unless you can do all the work yourself, and even then maybe not@!

    2013 Acura RDX (wife's), 2007 Volvo S40 (when daughter lets me see it), 2000 Acura TL (formerly son's, now mine again), and new Jetta SE (son's first new car on his own dime!)

  • Mr_ShiftrightMr_Shiftright CaliforniaPosts: 44,404
    Well let's figure that top of the mountain for this car is $80,000 for a show winner----so if you buy one needing just about everthing, then there's no pot of gold at the end of THAT rainbow.

    It's a little different for this other fellow I know---he paid $75K for a certain vintage Maserati---and it, too, is now completely in pieces down to the last nut and bolt---but on the far end, he has a potential value of $375,000---so he has some breathing room there.

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  • fintailfintail Posts: 33,505
    The baby moons and general detail issues have me skeptical. They want 35K, might need to knock it down to 25K to set it right. I think nice ones can be had in the 30s. Are you really wanting to buy one?
  • boomchekboomchek Vancouver, BC, CanadaPosts: 5,108
    I've been looking around to see if I can pick up something old and interesting to fix up and maybe sell. However I know very little about old cars and costs involved into making them presentable.

    So far I've just been browsing Craigslist for old Mopars, Camaros, Mustangs, and similiar type of cars. There seem to be plenty non runners for under $5k,
    but I just don't want to end up buying one only to bury myself with a $50k restoration and losing money on it.

    2007 BMW 328i Sports Pkg, 1993 Honda Accord EXR (my 33rd car).

  • lemkolemko Posts: 15,120
    The wrong wheels and anachronistic wide whitewalls on this car already make me want to pass on this one. This car appears to be somebody else's idea of what looks "cool." I'd have to spend megabucks just to undo what is wrong on that car.

    I saw a really nice light green 1965 Continental in the neighborhood near my workplace about 10 years ago for $4,500. It had a patina, but it wasn't such a wreck I'd be ashamed of it. Trouble is, I don't have the room for such a car and I sure as heck wouldn't want to leave that beauty out on a city street.
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