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The real value of "old" cars?

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  • lemkolemko Philadelphia, PAPosts: 15,294
    Funny how cheap that car was back in the day. Even with a dragging muffler and a primer black paint, a 1964 GTO would be sold at a premium nowadays. My Dad had a maroon 1965 Pontiac GTO convertible with a white top. I think he sold it for the laughably low sum of $250 or thereabouts in 1975 because the top was ratty and the valve covers leaked.
  • lemkolemko Philadelphia, PAPosts: 15,294
    There was a 1966 "GTO" for sale at a Buy Here Pay Here lot on Harbison Avenue in lower NE Philly not too long ago. It was a post sedan with a most definitely non-factory color repaint that would make Earl Scheib blanch and was actually a LeMans or Tempest made up to look like a GTO with badges and such. It probably had the inline six. Wonder what they wanted for it and if there was anybody stupid and naive to go for it?
  • andre1969andre1969 Posts: 23,054
    Funny thing is, my Dad said that even nice examples of old cars really weren't all that much back in those days. He said that he probably could have gotten a much nicer '64 GTO for about the same price he paid for that thing. Adjusted for inflation, $400 in 1973 comes out to around $2,000 today. And think about how little car $2K gets you these days!

    We also had a '64 Ford Galaxie 4-door around that timeframe. Dad always had some piece of junk with a stick shift that Mom couldn't drive, but if he wanted to go out partying with his friends on the weekend, he'd take Mom's car instead. First, the '66 Catalina convertible she had, and later the '68 Impala 4-door hardtop that replaced it. My granddad got tired of that, so he got us this '64 Ford. I think he paid less than $100 for it, and it only needed a starter, or an alternator, I forget now.
  • isellhondasisellhondas Issaquah WashingtonPosts: 19,913
    I'm not so sure about that.

    Take a look at this one on Ebay. 8700.00 with a day to go!

    http://cgi.ebay.com/ebaymotors/1960-PONTIAC-BONNEVILLE-389-CA-HARDTOP-ALL-ORIGIN- AL-NR-/290461681269?pt=US_Cars_Trucks

    A nothing special 1960 Pontiac that is definatly a "20 footer".

    To the seller's credit, he did a good job of posting photos that are pretty revealing.

    The rockers are rusted out on one side and from my experience there is always a lot more rust than meets the eye, Even though it's a So. Calif car they can rust when the drains aren't kept clear and it looks like that is the case here.

    It probably needs a mechanical rebuild after all of those miles and who knows what else? Those were known for weak front ends and those Hydra-Matics weren't the best.

    8700.00? I was thinking 2500-3500 dollars tops.

    But, what do I know?
  • Mr_ShiftrightMr_Shiftright Sonoma, CaliforniaPosts: 58,895
    Oh well that's a pretty special car actually---it looks dead stock original, has a California black plate on it (which adds value) and the underside looks pretty darn good, too. That car is worth $12K all day long. And it's a Bonnie, and it's a '60.

    Here again, the bidders know what they are doing---this car has everything buyers want---originality, California known history, good year, good model, and hasn't been messed with by monkeys.

    Take the same year, lower trim line, lived in the Midwest, been slammed and has funny wheels on it---and the value would be 1/4 of that.

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  • isellhondasisellhondas Issaquah WashingtonPosts: 19,913
    Well, if that's the case, I am totally out of touch.

    Yes, it's a CA black plate car and I know that is very desirable to some. Maybe because I'm from that neck of the woods, I take that for granted.

    It still has rust and needs a total restoration which would exceed it's value.

    It is a survivor but it just seems like it's going to need everything unless the buyer just leaves it as it is.

    I don't see 12,000 but it'sll be interesting to see where the bidding stops.
  • parmparm Posts: 724
    The trunk lid area on that '60 Bonneville is huge and so flat. I've not seen a deck that large since the U.S.S. Nimitz. :P
  • parmparm Posts: 724
    Here's an interesting item. How do you comp this?
  • fintailfintail Posts: 43,349
    Presentable survivor cars are big now, there is a huge movement for patina and originality. I am not surprised at those bids, even with the needs of the car.
  • cccompsoncccompson Posts: 2,388
    edited August 2010
    It's been listed before on ebay with no sale. Hard to comp because of how few were built. There was another one on the market within the past year or so but I have no recollection of it's particulars.

    I'm an old Poncho fanatic and find it hard to see that kind of money for it (bidding currently at 26K) even given that wagon values have jumped over the last few years.
  • isellhondasisellhondas Issaquah WashingtonPosts: 19,913
    Wow!

    That Safari Wagon is beyond fantastic!

    The 1960 Bonneville just looks like a ho-hum money pit but that wagon is something else!

    Those were few and far between to begin with and that one has some ultra rare options and super low miles!
  • fintailfintail Posts: 43,349
    You can't comp it. The sales price is the market.

    Awesome wagon...GM sure knew how to do it once.
  • isellhondasisellhondas Issaquah WashingtonPosts: 19,913
    I love those wheels! They were used mainly on Gran Prix's of that era.

    Thre trouble is, the finned aluminum part that you see is actually the brake drum!

    Back when I managed a shop in the mid-seventies they were near impossible to get from the dealers and they cost over 100.00 each then!

    Better than awesome! Incredible and irreplaceable.
  • isellhondasisellhondas Issaquah WashingtonPosts: 19,913
    Our son spotted this on Craigslist.

    http://seattle.craigslist.org/est/cto/1889771023.html

    I know nothing about these but it sounds like it would be a tough project.

    Shifty? anyone?
  • fintailfintail Posts: 43,349
    The wheels and interior both on that car are very cool. That wagon is expensive, but if you are into it, it's a bargain - as you will never find another one.

    The Jensen-Healey...another reason why the British automotive industry in effect does not exist today. The pain required to get that thing up to 50K miles must have been huge.
  • Mr_ShiftrightMr_Shiftright Sonoma, CaliforniaPosts: 58,895
    There's really no upside to restoring Jensen Healey. Parts are a b***ch and the car doesn't even have a soft top.

    I'd vote "parts car".

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  • Mr_ShiftrightMr_Shiftright Sonoma, CaliforniaPosts: 58,895
    edited August 2010
    Nice old wagon, but.....

    ....the add-on for Tri-Power on a *convertible* is only 25%, so I can't see the add-on being any more for a station wagon of all things.

    My estimate for "show car" is $20,000 tops tops tops. Interesting history, but not 'celebrity' really. If it was Bill France's car, that might give it a bump. But seller's story makes no sense---if it was "built for a GM exec", why was it delivered to a dealer?

    He's absolutely batty not to take the $26K bid, or at least to drop his reserve immediately. This is 2010, and this is a station wagon. C'mon.

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  • explorerx4explorerx4 Central CTPosts: 12,152
    i thought the black and white picture was pretty funny.
    done in black and white, but has a www. address on the sign for the movie theater.
    2017 Ford Fusion SE 2014 Ford F-150 FX4
  • andre1969andre1969 Posts: 23,054
    edited August 2010
    Back in the early 90's, I worked at a department store called Hecht's (May company, and today they're all Macy's). It was built in 1958, and parts of it had not been remodeled in ages. Well, someone had written a poem on the wall in the stock room in the childrens' department, probably back in the late 60's or early 70's, about a Pontiac something-or-other (probably a Firebird or Trans Am) racing a Camaro Z-28. Unfortunately it's not there anymore, as I remember that part of the store getting remodeled around 1994 or so.

    The one line I remember was "Tri-Power's okay, but it's not enough. When racing a Z, you got to be tough."

    So, was Tri-Power not as big of a deal as Pontiac would have liked you to believe?
  • isellhondasisellhondas Issaquah WashingtonPosts: 19,913
    I re read the ad and I think it does have a soft top just no hardtop.

    These were never very popular so I'll bet parts are near impossible.

    I know nothing about Webers or Lotus engines but I just smell nothing but big trouble and headaches. Not worth a resoration but I was thinking maybe a Sunday driver?
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