I need help pricing my car for sale

Old Aug 27, 2012 | 05:47 PM
  #1  
NickCopelin's Avatar
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Default I need help pricing my car for sale

I'm not desperate for a quick sell but would like to know what I can expect. Just graduated college and need some money to start my life, so I have to sell my baby.

I have an 88 IROC-Z28 Originally 5.0 TPI with T-Tops. Had around 120,000 on it before I put in a rebuilt 350 5.7 TPI. It then sat for 3 years. I have just got it up and running again, and doing a little rehab.

Details here Camaro Pics - Home with pictures coming soon.

Located in Kansas City MO

Thanks for the help!
 
Old Aug 27, 2012 | 05:52 PM
  #2  
Edwardgp's Avatar
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Nick I can't see your pictures.
 
Old Aug 27, 2012 | 06:30 PM
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yup no pics anyways check out craigslist see what there going for in your area than depending on what the condition of those cars are come up with a price. remember unless someone really wants the car your not going to get what you ask for, and if it doesnt sell in a week youve got it priced too high.
 
Old Aug 28, 2012 | 03:46 AM
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Id say about $64. Maybe $64.75. Ill come get it tomorrow. Deal?
 
Old Aug 28, 2012 | 05:17 AM
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to those who can't see the picks, expand his link to "read all" and the link is there

what did I notice beside the need for prep and paint?

Hack job of wires under the hood. Whether the car runs or not I'd point it out to you

Hack job of wiring for your bumping system in the rear and a bumping system adds zero value to your car if it takes up precious space. A bumping system should only be installed for personal enjoyment with absolutely ZERO expectations of any return on investment and that is what I would allow for the system, zero incremental value.

interior is tired as well


so, what you basically have is a running 88 with a rebuilt engine which needs body and interior work

put your emotion aside and compare to other vehicles in similar condition which have SOLD (not ask price)

If I were looking for a project vehicle, I'd get underneath and really really really inspect it for any pinholes as well as leaks. I'd look at the tread on the tires and meat on the brake pads as well as scoring of the rotors. I would not pay a penny more than $1500 and would do my damnedest to pay even less

You see, I know that I'd be looking at a $2000 body shop bill and at least $1,000 to re-carpet and skin the seats and seal the leaking t-tops. I can't tell about the headliner.

It probably needs new tires so I add it up and with the $1500 sale price I get to $5,000-$5,300 which is right where the value would be if you did all of that yourself prior to selling. Oh, and the bumping system would come out and a more elegant job would be done with a system which takes less space.

good luck but I'd take a car with pristine interior/exterior/tires/suspension/brakes and no engine over one which needs all the cosmetics but has a newer engine

Cosmetics can cost a kings ransom
 
Old Aug 28, 2012 | 09:20 AM
  #6  
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The Pictures are here. Thanks for your input.

https://www.dropbox.com/sh/2ukdqgi3oiewye7/-q_ArtLOjb

@Torque_Is_Good

The brakes are relatively new, tires are almost brand new it does need a little body work and definitely needs paint. Most people around me have been suggesting a price in the neighborhood of $5500. I do understand that I can't expect someone to up the value of my car b/c of the stereo but I also know that I live in an area in which that is something that is valued and I do believe that people will pay for (hopefully).

Regardless of the stereo. I have a friend who works at a body shop and has said he thinks he could paint it for around $600. Is it worth the investment to paint before selling? I'm scared I would invest more money and not recoup.
 
Old Aug 28, 2012 | 09:29 AM
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@Torque_Is_Good

I appreciate your input greatly. Please also put yourself in the shoes of someone else who might look at the car. Is my stereo wiring really that much of a hack job? Its just one power wire under the hood which all have unless they have a separate battery in the back and then 1 exposed wire in the cabin which I can't avoid without pulling up the carpet. Pulling up the carpet to me seems dangerous since it might not go back right. Besides pulling the stereo out, as I believe people in my area especially kids would respond positively to it, what can I do to improve the wiring and look?
 
Old Aug 28, 2012 | 01:13 PM
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if you have people telling you to list the price at $5500 then offer it to them for $4500 and take the money and run.

YES!!!!! hide the wires in the back. Exposed wires instantly make one think what other hack jobs were done

Never ever leave an exposed quick connector under the hood. Put some shrink wrap around it.

If you really have someone who can prep, base/clear for $600 then jump all over that and I mean all over it.

it costs more than that much in materials to do it yourself (if you don't use PPG) and that includes primer, sandpaper, putty, masking, base, clear,reducer, cutting paste and polish

if you use PPG then triple it!!

the labor is what kills you. I hate painting cars but I'm too darn cheap to pay someone (no comments from the peanut gallery mr camaro69)

The $600 investment would get you a $1,000- $1,500 ROI which is well worth it bringing the sale price into the 3's and maybe high 3's if the tires are good.

Once you get into the 4's and above you're in 4th gen Z28 territory so your car would need to be pristine

with fresh paint you open the vehicle up to a whole new group of potential buyers. Also, with fresh paint you don't need to do the ole wet down the car before photos trick and then have disappointed buyers when they arrive.
 
Old Aug 28, 2012 | 02:18 PM
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After looking at the pics myself, $1500 is about what most in my area would ask for a car in that condition and most sellers would only walk away with $1200 or $1300 after all is said and done.

Now, if you were to get it painted really nice, which like TIG said labor is what kills you as far as cost goes when it comes to painting. My car was about $550 for the paint and essentials with myself and my father doing all the body work and him painting it the first time. With a really nice paint job done to that, maybe a tune up and some cosmetic work, I'd give maybe $3k for it if I really wanted it.
 
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