Looking at a 1967 Camaro RS
#11
04-12-2013 | 01:19 PM
Now you are in to a different situation. Does he have titles? That can be a tough venture if not.
He got these cars from a guy not paying the rent on a storage unit that he owns. He also has a corvair and a 64 impala convertible ss with all the options. Guy didn't pay for a few years, took him to court and got everything in the unit. He has no interest in old cars, really into big trucks, but think he can get 15,000 for the impala which is I. About the same shape as the camaro. But he hasn't advertised them anywhere and they're just sitting. He recently moved them back to the storage units after they got inspected. He also wants 10 for the corvair. Prices are all over
#13
04-12-2013 | 03:04 PM
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He is on the upper end of their value, the corvair seems crazy high but I dont follow them. I know 15 years ago they did not do well, Seemed like everyone hid one away and at the auction they sold for next to nothing. Heck they where selling so cheap in nice condition I thought about getting one as a driver.
#14
04-15-2013 | 06:23 PM
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Well got to look at the truck area and all of that, and it is solid. Motor turns over, headlights all work. Is $8,000 a fair price on it?
Good: Solid floors, doors, trunk, passenger fender, roof.
Factory power steering, A/C and Brakes. Functional hideaway headlights, etc.
Bad: Rear quarters are full of bondo, needs a driver side fender and windshield. Interior needs replaced and what not. Needs tires.
Good: Solid floors, doors, trunk, passenger fender, roof.
Factory power steering, A/C and Brakes. Functional hideaway headlights, etc.
Bad: Rear quarters are full of bondo, needs a driver side fender and windshield. Interior needs replaced and what not. Needs tires.
#15
04-16-2013 | 10:27 AM
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In my opinion you are at the upper end of the value, are you building a show car? What do you want out of the car once it is done? I have seen some almost complete projects sell for 10K with new engines needing paint and interior work only. Of course they are not numbers matching original cars.
Maybe if I put it this way it will help. A finshed Based model RS with the base 327 completely restored to a 9 out of 10 (that is everything as good as original "NOT show ready") rebuilt motor/trans/rear is worth 19-23K.
Assuming you have to pay for paint, trans and rear rebuild you are going to have 25-30k in the car when done. If you had a connection to the car or if this was a SS it would make more sense, if it was a big block RS/SS it would be a no brainer. It is a lot of work to end up with a car that has a value that may not cover the cost of the parts. If it was me and I was planning on that much work I would want a 50K car when I was done. That might mean spending a few K more upfront but it will be almost the same restoration cost.
Just an opinion.
Maybe if I put it this way it will help. A finshed Based model RS with the base 327 completely restored to a 9 out of 10 (that is everything as good as original "NOT show ready") rebuilt motor/trans/rear is worth 19-23K.
Assuming you have to pay for paint, trans and rear rebuild you are going to have 25-30k in the car when done. If you had a connection to the car or if this was a SS it would make more sense, if it was a big block RS/SS it would be a no brainer. It is a lot of work to end up with a car that has a value that may not cover the cost of the parts. If it was me and I was planning on that much work I would want a 50K car when I was done. That might mean spending a few K more upfront but it will be almost the same restoration cost.
Just an opinion.
Last edited by Gorn; 04-16-2013 at 10:31 AM.
#17
04-16-2013 | 12:00 PM
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There can a huge differents between a motor that can be turned over and one that should be on the road.
Anytime you can not hear an engine run assume it needs rebuilt. Anytime you can not drive a car for a fair distance assume it needs trans and rear work. That is not just limited to cars that have been siting for ten years, it should go for any car that does not come with a warranty.
The turn over test is a good indicator that the motor can be rebuilt. It means almost nothing in terms of its a engine that could run in current condition. Even with motors that can be turned over there is no way to be sure the motor could be repaired at all. Well anything can be repaired but in some cases at a cost greater then the car is worth. You really should look for a project you can test drive that needs paint work, interior work, your looking for a project someone just got tired of.
If i was in the market for a driver i would show up at this guys door with 10K. This is a fix as you go car.
http://philadelphia.craigslist.org/cto/3737829204.html
Anytime you can not hear an engine run assume it needs rebuilt. Anytime you can not drive a car for a fair distance assume it needs trans and rear work. That is not just limited to cars that have been siting for ten years, it should go for any car that does not come with a warranty.
The turn over test is a good indicator that the motor can be rebuilt. It means almost nothing in terms of its a engine that could run in current condition. Even with motors that can be turned over there is no way to be sure the motor could be repaired at all. Well anything can be repaired but in some cases at a cost greater then the car is worth. You really should look for a project you can test drive that needs paint work, interior work, your looking for a project someone just got tired of.
If i was in the market for a driver i would show up at this guys door with 10K. This is a fix as you go car.
http://philadelphia.craigslist.org/cto/3737829204.html
Last edited by Gorn; 04-16-2013 at 12:19 PM.
#18
04-16-2013 | 12:58 PM
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I agree. I just wanted to know if it was locked up or not so I could use the original motor. I like think as stock as I can. I know an interior kit from classic industries is about 500 so that's an automatic money spot. To me 8k is a bit huh, possibly 7,000 is it's high. If I had pictures I'd show them to make it easier
#19
04-24-2013 | 01:55 AM
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Heres what it looks like. Might have it bought for 6k. Waiting for the title for it and the other cars to come back from the state to make sure they are clear and all that since they were left in his storage unit. Let me know what you think. thanks
#20
04-24-2013 | 07:46 PM
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dtkarst
That car looks like a real nice candidate for a nice restore if you have the money and time to do it,but I guaranty it is going to need more than you can think of, just to have a driver.
$6000 sounds like a buy but before you know it you'll have $12,000 ++++
just to have a decent looking driver. Think about this,,,how much is it going to cost just to patch,redo the roof and driver paint, not to mention breaks, lines,shocks,wheels and tires,rad,fuel lines and things I can't even think about quick.
Gorn is right...
If I was 22 and looking for a driver that I could fix up as I go I would go with his CL find.
Last June I paid $2000 for mine and it's all matching numbers but it does need floors and trunk and it's not an RS.
Just my 2 cents worth,but hope it helps.
Paul
That car looks like a real nice candidate for a nice restore if you have the money and time to do it,but I guaranty it is going to need more than you can think of, just to have a driver.
$6000 sounds like a buy but before you know it you'll have $12,000 ++++
just to have a decent looking driver. Think about this,,,how much is it going to cost just to patch,redo the roof and driver paint, not to mention breaks, lines,shocks,wheels and tires,rad,fuel lines and things I can't even think about quick.
Gorn is right...
If I was 22 and looking for a driver that I could fix up as I go I would go with his CL find.
Last June I paid $2000 for mine and it's all matching numbers but it does need floors and trunk and it's not an RS.
Just my 2 cents worth,but hope it helps.
Paul