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Same with engine "rebuilds"----"rebuilt" means you machine or replace everything inside so that it meets factory specs. If you've just done rings and bearings and a valve job, that's an "overhaul", not a rebuild.
'11 GMC Sierra 1500; '98 Alfa 156 2.0TS; '08 Maser QP; '67 Coronet R/T; '13 Fiat 500c; '20 S90 T6; '22 MB Sprinter 2500 4x4 diesel; '97 Suzuki R Wagon; '96 Opel Astra; '11 Mini Cooper S
Tempest
'11 GMC Sierra 1500; '98 Alfa 156 2.0TS; '08 Maser QP; '67 Coronet R/T; '13 Fiat 500c; '20 S90 T6; '22 MB Sprinter 2500 4x4 diesel; '97 Suzuki R Wagon; '96 Opel Astra; '11 Mini Cooper S
I can't understand why the dealer continues to advertise it as a 1961. It is clearly a 1962 hood and grille--not even close to the '61 frontal styling.
He may have new-car sale paperwork in it that shows a 1961 purchase date, who knows.
2017 Cadillac ATS Performance Premium 3.6
2009 BMW 335i, 2003 Corvette cnv. (RIP 2001 Jaguar XK8 cnv and 1985 MB 380SE [the best of the lot])
2014 Malibu 2LT, 2015 Cruze 2LT,
Too bad I am in no shape right now to make a move.
'11 GMC Sierra 1500; '98 Alfa 156 2.0TS; '08 Maser QP; '67 Coronet R/T; '13 Fiat 500c; '20 S90 T6; '22 MB Sprinter 2500 4x4 diesel; '97 Suzuki R Wagon; '96 Opel Astra; '11 Mini Cooper S
When it's a standard car with no noticeable changes, I usually compliment the owner if they're nearby for doing it that way. I think the folks who put in chrome engine parts, a different glossy paint color, a custom interior get attention and the folks who kept theirs standard and sometimes pedantic don't get reaction from the patrons at the cruise in or show.
2014 Malibu 2LT, 2015 Cruze 2LT,
2009 BMW 335i, 2003 Corvette cnv. (RIP 2001 Jaguar XK8 cnv and 1985 MB 380SE [the best of the lot])
2017 Cadillac ATS Performance Premium 3.6
And I disagree with the attention. All the rage these days is all original, untouched vehicles.
'11 GMC Sierra 1500; '98 Alfa 156 2.0TS; '08 Maser QP; '67 Coronet R/T; '13 Fiat 500c; '20 S90 T6; '22 MB Sprinter 2500 4x4 diesel; '97 Suzuki R Wagon; '96 Opel Astra; '11 Mini Cooper S
There are plenty of cars that are worth more modified than original--usually these are common, somewhat pedestrian vehicles that have been customized. 4-door cars, pickups, oddballs that aren't Big Three---all these might benefit from not staying stock.
How did the owner handle it? Was it like telling them 'Your kid is ugly'?
I sold a '66 912 that was extremely rusty for nearly $5k, on eBay, last year. A 1969 911T that is running will surely fetch at least twice what you appraised.
https://goo.gl/photos/x1Q8D4gCQKLemTLa7
Mostly the problem is that some owners have no idea how expensive it is to correct some problems. Rebuilding a leaking, wheezing Porsche engine that has fuel in the engine oil is not cheap---these aren't small block Chevys.
Also, they look at auction results on the Internet and figure "ok, that restored one is worth $80,000, so mine, being a bit shabby.....oh, let's say half of that".
Er.....no.
It's interesting, but values on the more "exotic" collector cars are *not* linear, as they might be on a Chevelle. A car that is twice as bad as another isn't worth half. It might be worth 1/10th, because the restoration costs are proportionally higher.
In reality, if one wanted to be brutal about it, that '69 Porsche is worth practically nothing at all, in terms of the cost of restoration. It's a small-parts car.
Your customer will probably sell that Porsche for more than your appraisal and he is going to be very happy that he did so well. Better this way than over value the car and have a disapointed customer when he sells it.
I suppose someone might be crazy enough to pay more for that beater 911, but one emotional buyer who isn't well-informed doesn't make that the "market". Or perhaps the person just wants a hobby/project and doesn't care if they don't make a dime on it.
My only real concern for taking on a beater like this is that the car doesn't have "good bones". Trying to build a car from a compromised, tortured unibody structure is kinda crazy.
ebay.com/itm/1974-Porsche-911-Coupe-2-Door-/252598284479?forcerrptr=true&hash=item3ad007f0bf:g:SY4AAOSwmLlX~tOL&item=252598284479
http://www.ebay.com/itm/1975-Porsche-911-/272486914145?forcerrptr=true&hash=item3f717c5861:g:wmsAAOSwn7JYEMwB&item=272486914145
http://www.ebay.com/itm/1986-Porsche-911-Targa-/252629541798?forcerrptr=true&hash=item3ad1e4e3a6:g:mz8AAOSwXeJYFCFO&item=252629541798
http://www.ebay.com/itm/Porsche-911-/282210344856?forcerrptr=true&hash=item41b50c1f98:g:iKAAAOSwh2xX-vRD&item=282210344856
http://www.ebay.com/itm/1971-Porsche-911-Widebody-/291955919506?forcerrptr=true&hash=item43f9edca92:g:~BgAAOSwEzxYO29C&item=291955919506
http://www.ebay.com/itm/1974-Porsche-911-coupe-/112219479260?forcerrptr=true&hash=item1a20cd5cdc:g:x58AAOSwiONYPILr&item=112219479260
I saw that one:
http://newyork.craigslist.org/jsy/cto/5907034730.html Check out this ad. Tough to know what to make of it. If he had a pace car or GTA, could be looking at a windfall but this looks to be a pretty basic car
Storing firewood under your car is a great selling point.
One with more miles:
http://newlondon.craigslist.org/ctd/5942747790.html
The Formula is a pretty basic model, one step off the plain-jane Firebird of that year, and not particularly rare.
http://hartford.craigslist.org/cto/5921237240.html
I just think he went a bit far with the suspension and size of the brakes, but mostly, I hate the wheels. Scale those back, and maybe reverse the drop, and could be a nice package. Oh, of course, put in a nice clutch and 5 speed stick!
one more thing. Needs legit seat belts, and much better seats.
the seats and seat belts are actually one reason if I did this, I would go with something newer to start with (I really like the 70-71 Camaro). More modern and "safe" interior, better seats (and easier to update them without ruining the look).
actually, the car I want to do this with (if I had lots of play money, which I don't!) is a 71 Volvo 142. Wonder if IPD is still in business?
2020 Acura RDX tech SH-AWD, 2023 Maverick hybrid Lariat luxury package.
https://www.ipdusa.com/
Very tight fit to put a Ford V-8 in a Volvo 142.
but, stock engine with mods, lowered a bit, suspension upgrades with minilites, interior upgrades (gauges and such) and a chin spoiler. Add a later 5 speed trans too. That should do it.
though a nice tasty 123GT, or a well done clone, could be a hell of a fun car too.
2020 Acura RDX tech SH-AWD, 2023 Maverick hybrid Lariat luxury package.