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In this Discussion
- Oldcar_Mechanic September 2010
- sanderson February 2012
- sqeeek June 2011
restore '76 olds cutlass 4-dr
-
I would very much like your opinion on what to do with my 1976 4-door Oldsmobile Cutlass S. I am the original owner. For the past few years my Olds has been parked in my garage and not driven. It has a good deal of rust on the undercarriage, needs a new paint job, vinyl roof and seat covers, and of course will need engine work (hopefully just a new battery, carburetor , etc).
I have a sentimental attachment to the car for several reasons of which I will not bore you with. The car is fun to drive and although the gas mileage is about 10-12 mpg, maintenance is generally quite low plus it gives me a multi-car discount on my insurance.
There appear to be four options: (1) restore it, (2) donate it, (3) sell it, or (4) make the decision later.
From the research I have done and the book I read on restoration, it seems that most of the cars (1950s thru 1970s) that are restored are convertibles, sport cars, etc. Although my Olds does not have any of the usual collectible qualities, I've not seen very many 4-door versions.
Another thing I should mention is I will not be doing the work myself but will pay to have someone do it for me. If I restore it, I thought I would do it over a period of three years. Year one – get the engine up and running, two – exterior restoration, and three – interior restoration.
So my questions are:
1. Is it worth restoring?
2. If I restore it and spend $$, will it still only be worth what it is now?
3. If I donate it, will they send it to the clunker farm or will its parts be removed and sold off?
4. Do you think anyone would want to buy it and restore it?
Thanks in advance… S -
Unfortunately there is not a lot of people that would be looking for this car, so the value is not really all that high.
The cost to retore it with YOU doing all the work will still not make you any money in the end, and with someone else doing the work, it would put the cost far higher then you could ever get back.
You say that you have a sentimental attachment so I guess if you are willing to do the work (providing you can) then I would tackle the project the way you said you wanted to. Projects like that are fun and you can take your time on them.
I believe that in all reality you are the only one that can make the final decision.
Best of luck
Ron -
In my opinion these are both excellent replies and pretty much capture the situation. If you choose to keep the car, my suggestion is to make a fun occasional driver of it instead of an actual restoration. Thus you can still enjoy the memories and sentimental value while not going off a cliff so to speak.
You'll be one of the fewer of us that have kept the one we all wish we had back.
Please keep in mind foremost that the only reason to do anything with this vehicle is the sentimental attachment. I'm not 'slamming' your vehicle, but the realities given the vintage, condition, and model are fairly clear and I won't belabor those either.
But - that still can be OK - remembering that there is no money to be made in terms of repair / restoration vs value in this situation in any way, on the other hand it's exactly the sentimental or reminiscing mindset that keeps us all enjoying these machines that are long outmoded by modern ones on every measurable criteria. It's not what one spends really it's what one has in the end as long as it's done with one's eyes 'open' so to speak.
So given that parts and such will be easily obtainable I suggest making a tally of what it would take to get the car in safely driveable and then presentable conditions (in order) in order. Then, after adding about 30% to take care of the biggest two things you'll run into (While I'm At It (stuff you choose to do, which is great because it's optional) and While It Was Apart We Found This Other Problem (surprises that inevitably happen)), you can budget time and money to get it there.
