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In this Discussion
- GoatSoup2009 February 2009
- Jon B January 2009
- streetcustoms February 2009
What Should I Do?
-
Ok, so I guess I should start from the beginning. I bought a 1972 SS Chevelle about 4 years ago. I loved the car, I loved driving it. I was only able to drive it for 3-6 months. I had issues with the dealership I bought it from with getting the title handed to me. It was a whole legal ordeal. Now that I finally have the title, I just kinda' want to get rid of it.
So here's the deal:
I paid after all it was said and done with taxes: $35,000. It was an off the frame restoration and it has a 396 Engine in it. It's a really nice car, but I'm thinking it needs a battery change and possibly something done on the transmission because I've noticed liquid puddles under the car.
I'm not sure how to go about selling it or what I would even get for it. I feel like I should atleast ask for $30,000 after I detail it and put in a new battery. Could you guys maybe suggest what I should do?
If need be, I can upload some pictures of it. -
Why not go to www.hemmings.com and follow the ads for old Chevrolets there, to see what other folks are asking for similar cars? You could also look in Ebay. There, you'll see what folks are actually paying, not just what the sellers are asking.
Remember, though, we're currently in a recession and people who gladly tossed out $30,000 for a car three years ago, are now terrified of losing their job or pension, and may be more in a "survival" mode. So, unless you can just sit tight for a couple more years, you may have to take a loss. -
I have had great luck with Ebay. You can put it on there for for a price or "or best offer" and you can decline any offers too low. I started using this when the ecomony went to pot. This way you'll have an idea at what people are looking at paying. Also take a look at www.HotRod Hotline.com.
Good luck! -
ShesPrettyOdd wrote:
I think that if you take and fix the minor things that are needed to be done it is not going to be of great expense.When classic buyers are looking and they see small mionr things left undone then the owner is not up to caring for the car and my think other things may have been left un repaired.Ok, so I guess I should start from the beginning. I bought a 1972 SS Chevelle about 4 years ago. I loved the car, I loved driving it. I was only able to drive it for 3-6 months. I had issues with the dealership I bought it from with getting the title handed to me. It was a whole legal ordeal. Now that I finally have the title, I just kinda' want to get rid of it.
So here's the deal:
I paid after all it was said and done with taxes: $35,000. It was an off the frame restoration and it has a 396 Engine in it. It's a really nice car, but I'm thinking it needs a battery change and possibly something done on the transmission because I've noticed liquid puddles under the car.
I'm not sure how to go about selling it or what I would even get for it. I feel like I should atleast ask for $30,000 after I detail it and put in a new battery. Could you guys maybe suggest what I should do?
If need be, I can upload some pictures of it.
E Bay is a good way to see what the market will bear on the vechile,you might want to put an add in the thrifty nickel and some of these are on line and will reach several thousand buyers .The add should be placed in the classic car section,your local newspaper is also a good way to find a buyer.You can go to www.NADA under classic cars and look at the value placed on the car.I always place the price above what I would take for the car as we all want to think we have made a good deal on what we buy.Anytime you can put a photo with the add it draws more attenion.
I have been restoring classic's for over 30 years and developing a how to system on video with a website ,it's called Goat Soup as the first car is a 1969 Judge Ram Air III,it was 1 of the first 2500 Delorean put out of GM when he was told not to build the GTO's.Go to www.GTOsoup.com. We are just now getting this site up so keep checking on all the things you would like to know about your classic car.
I have to tell you once you have the bug you may sell your car but you will be looking for another ,and my buy one that needs restoring.
On a final note of all the things that have gone down in todays economy the classic cars have held thier value ,think of the car as an investment
Hope this helps
Allen Frasier
