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Yeah, a car like that 164, if the transmission gives up you have pretty much equaled the value of the car. You can get a reman for about $4700 bucks but then you have to install it. It's a FWD car you know so it's got a transaxle. Similar trans to Audis and Saab of the era.
In this speculative top-heavy economy, it'll still bring a jillion dollars.
Can look nice, though.
One might think it's worth a lot, but in reality, this car isn't worth restoring IMO. What will probably happen to it is that the body will be scrapped, and the frame and engine (it has big-valve heads) will be used to create a replica of a more famous Ferrari open car or race car. It would be worth more like that, than as an original restoration in this case.
It makes no sense to buy a car like this for $100K, spend $300K to restore it, then sell it for $400K. (if you're lucky). You could have the Italians hammer out a 250 GTO for you, like this conversion:
https://www.classicdriver.com/en/car/ferrari/250/1963/509246
20 years later put that balance into a mutual fund.
20 years later with an annual return of just 9% you are still worth more than a Ferrari parts car in 2018.
Bonus: 40 years of no storage fees or insurance bills.
Celebrate!
9% over 20 years sounds like a lot more work than letting a car rot. Owner probably owned the storage and didn't insure a non-runner, too.
Even better, buy a house in many neighborhoods in my area for 80K in the late 70s, 25-30 year mortgage, live in it, take the tax breaks/renter penalty, then once paid off put the mortgage money into something even low risk, you could have 1.5-2MM without much work now.
https://www.hemmings.com/classifieds/cars-for-sale/volvo/v70/2132188.html - Gray market V70 T5. Really cool for the money. Looks clean
https://www.hemmings.com/classifieds/cars-for-sale/chrysler/cordoba/2141687.html - Time capsule Cordoba that's not as extraordinary as the seller thinks. I hope that there aren't too many people restoring Cordobas these days
https://www.hemmings.com/classifieds/cars-for-sale/chrysler/imperial-crown/1876904.html - 65 Imperial. Really unique cars that I like. This looks like a decent 10 footer, but black is the color to have
https://www.hemmings.com/classifieds/cars-for-sale/chevrolet/impala/2115036.html - Impala... sport sedan?
https://www.hemmings.com/classifieds/cars-for-sale/pontiac/lemans/2079987.html - 66 Lemans. If this was a GTO, I'd totally be in love. Love the colors. Price seems to be rare air for a 326 Lemans
https://www.hemmings.com/classifieds/cars-for-sale/mg/bgt/2111702.html - MG BGT - never knew that's what these are called. Looks nice
https://www.hemmings.com/classifieds/cars-for-sale/toyota/celica/2027460.html - 85 Celica convertible. Looks really clean and it's a stick
https://www.hemmings.com/classifieds/cars-for-sale/lotus/super-seven/2101405.html - Lotus 7, looks like a kit car
We love shooting our cars by the ocean
That Tempest is one of my all-time favorites, neighbors had one that I liked years ago.
The Impala with the 6/Powerglide...not so 'sporty'...
And why take the risk on registering a grey market V70?
Impala 4 door HTs were indeed "sport sedans".
Celica is dear but nice, those kind of cars are the future.
edit - nope, could only get an SS on the coupe or convertible.
'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
But I've always liked the cat's eye tail light Chevy.
'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 actually liked the 70s Cordoba and in 1979 I test drove a used '77 Cordoba with the 400 V8 and Corinthian whatever interior. Smooth and overall drove well but even at 2 y/o with only 39k miles, the plastic interior trim bits were cracking and splitting. Tansky's sold it new, took it back on trade and offered it for sale at $2999 but I didn't take it.
For all the attempts to make the Cordoba an upscale personal lux car, Chrysler seemed to be de-contenting the effort from the beginning.
The Celica convertible is very nice - there is one here locally I believe - but the seller should correct the ad. The top line description states it has 345,000 miles but the body of the ad states 34,500 miles.
2017 Cadillac ATS Performance Premium 3.6
'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
https://hudsonvalley.craigslist.org/cto/d/2003-saab-9-5-aero-wagon/6650442583.html
Saabs are nice to drive and they're cheap. So that's about it--a car for us bottom-feeders.
My wife had a 2001 wagon in the same color, although V6 with asymmetrical turbo.
Yes, always quirky those Saabs.
It was a 3 year lease and a love/hate relationship.
Fun incident, they misplaced the key, and didn't realize it until I showed up. Took some time, but they found it.
Why didn't this catch on?
If he could really get it fixed cheaply he should have done so. I guess he could have poked chicken wire in there and filled it with bondo!
Here's the dear sitting at the shop, they kept it covered and pretty clean:
And all shined up, cleaned inside. The car has a weird quirk when sitting in the sun on a very hot day with the windows up - something outgasses, and the windows get foggy. It seems to do it more now than in the past, not sure what's behind that. Nice to have my glass clean again. I scrubbed the tires for the first time in a long while, too:
Covered car at right is the 64 Pontiac convertible that apparently never moves, covered car at right is a 55 Chevy that seldom moves.
It's a chuckle.
https://newhaven.craigslist.org/cto/d/pickup-truck/6649458095.html
I can't recall if the Pontiac is a Catalina or Bonneville (I think the latter), it is blue with a white top.
2021 VW Arteon SEL 4-motion, 2018 VW Passat SE w/tech, 2016 Audi Q5 Premium Plus w/tech
I noticed the hood was unlatched on the Toro, I could see it under the tight cover.
https://www.cbc.ca/news/canada/nova-scotia/dartmouth-palm-trees-1.4766229?cmp=rss
These guys seem to find new ways to waste money every single day.
2017 Cadillac ATS Performance Premium 3.6