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#1
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Is 50k Too Much?
Made an offer on this car that was accepted. Lots of good pics and documented miles and owner history. Last owner only added like 38 miles over the last two years. Third owner did the resto on it. A lot nicer and cleaner than the last one I looked at and he was asking 47k. It does currently have a new Hurst linkage installed as the dealer removed the factory one and sent it out for refurbishment. Said it had some worn pins and bushings that made the shifting not very smooth, and in his words, “this car deserved better than that”. Color looks a different shade from the factory Martinique Bronze, but appears to have had a quality job done. Car has just under 90k original miles. According to the PHS, it originally had the red ww liners. Spent the weekend scouring over all the pics, and having trouble finding fault with anything.
https://www.southcarmotorsports.com/...iac/gto/c7746/ |
#2
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If I were in the 50K arena I would have taken a flight. But that's just me. Beautiful car though...
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1978 Black & Gold T/A [complete 70 Ram Air III (carb to pan) PQ and 12 bolt], fully loaded, deluxe, WS6, T-Top car - 1972 Formula 455HO Ram Air numbers matching Julep Green - 1971 T/A 455, 320 CFM Eheads, RP cam, Doug's headers, Fuel injection, TKX 5 Spd. 12 Bolt 3.73, 4 wheel disc. All A/C cars |
#3
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Flying down is not off the table. Even thinking of spending that much without personally seeing it first is very stressful. But it just may have to happen that way, as too much going on at the moment and three days to fly there, look at it, and fly back isn’t fitting very well.
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#4
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Mom always says if you have nothing nice to say then don't say anything...
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When I die, I want to go peacefully like my grandfather did, in his sleep. Not screaming like the passengers in his car. |
The Following User Says Thank You to Jeff Hamlin For This Useful Post: | ||
#5
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He asked...I did mention it was beautiful car...
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1978 Black & Gold T/A [complete 70 Ram Air III (carb to pan) PQ and 12 bolt], fully loaded, deluxe, WS6, T-Top car - 1972 Formula 455HO Ram Air numbers matching Julep Green - 1971 T/A 455, 320 CFM Eheads, RP cam, Doug's headers, Fuel injection, TKX 5 Spd. 12 Bolt 3.73, 4 wheel disc. All A/C cars |
#6
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Considering I just got an estimate today to paint my judge - "between $55k-$60k."
I'd say you can't go wrong buying that car as simply painting it puts you over the purchase price.
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1969 Judge, 4-speed, CR/Parchment, Quasi-Survivor, #'s match - under restoration |
#7
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I'm actually kinda impressed by how wrong that alternator
bracket is. You don't see that kind of dedication nowadays. |
The Following User Says Thank You to 242177P For This Useful Post: | ||
#8
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Have you seen how much the restomod cars bring at auctions? They can bring more than a correctly restored model. You won't find a restomod like you described done at high level quality for $35k.
The great thing about this hobby is there is something for everyone. Some like the sound and feel of old school because it reminds them of when these cars were new and they were a lot younger. Others like the look but prefer the modern creature comforts and modern brakes and handling as well as the reliability. |
#9
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I have a nice bridge for sale...
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1978 Black & Gold T/A [complete 70 Ram Air III (carb to pan) PQ and 12 bolt], fully loaded, deluxe, WS6, T-Top car - 1972 Formula 455HO Ram Air numbers matching Julep Green - 1971 T/A 455, 320 CFM Eheads, RP cam, Doug's headers, Fuel injection, TKX 5 Spd. 12 Bolt 3.73, 4 wheel disc. All A/C cars |
#10
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The really poor LH door alignment tells me they either forgot to torque the hinge bolts or they just don't know how to align panels.
50k seems like a lot of $$ for this car. I was contemplating selling my '66 EFI GTO for 50k. |
#11
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Frank, Not directed at you. I see many issues which IMO make that NOT a 50K car.
But will not say anything further. Cheers.
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When I die, I want to go peacefully like my grandfather did, in his sleep. Not screaming like the passengers in his car. |
#12
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Please feel free to share your thoughts. Been away too long, and willing to learn. What I do know, is yes, the engine is wrong color. Shade of paint seems off, and the alt bracket installed the wrong way, with the belt appearing too long. What other items are erroding the price? All input and opinions welcome.
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#13
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This is a very, very nice looker..The after market steering wheel makes me shudder.
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#14
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I have done everything from concourse cars to NHRA drag racing. These days everything I own I can go out in garage, put the key in the ignition, and go down the road. I still have a open trailer for taking cars to long distance events. I am more interested in driving them but still do shows for fun and networking. You can see a few I have owned on my YouTube channel.
https://www.youtube.com/channel/UCSq...EQ?app=desktop |
#15
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That’s a very nice car. Color may be correct- since I had mine painted I’ve found the lighting can completely change the shade of gold
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#16
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Very nice car, but far from being concours. It's worth whatever you feel happy with. As posted, spending that kind of money I would have had to see it first.
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LEAD, FOLLOW, OR GET THE HE!! OUT OF THE WAY!!! HONEST JERRY'S SPEED AND EQUIPMENT
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#17
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I have held title to over 35 Pontiacs over the years, so I have bought a lot of cars. I can say this, cars never look the same in person as they do in pictures. Rarely does a car look as good or better in person unless pictures are crappy. That said I have bought cars based on pictures. My advice is plan on finding things wrong and not as nice as pictures show. If you are ok with that and at the price then I think you know what to do.
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#18
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I don't put a lot stock in auctions. The people whom go to auctions usually have stupid money and if they want something bad enough they will over pay because the money doesn't mean anything to them. If you're a millionaire and you have pay 25k more to beat the bidder and win, BINGO a 50k car is now worth 75K. A lot of ego going on there. It artificially inflates the prices. Then all of sudden you're paying 25k for a completely rusted out shell of a car with no engine/trans, interior and the only thing salvageable is the cowl. Sheesh!
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1978 Black & Gold T/A [complete 70 Ram Air III (carb to pan) PQ and 12 bolt], fully loaded, deluxe, WS6, T-Top car - 1972 Formula 455HO Ram Air numbers matching Julep Green - 1971 T/A 455, 320 CFM Eheads, RP cam, Doug's headers, Fuel injection, TKX 5 Spd. 12 Bolt 3.73, 4 wheel disc. All A/C cars |
#19
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Really nice looking car in the photos... was pleasantly surprised.
Only deal breaker for me is that the engine is painted the wrong color. You will be eaten alive at car shows by purists. ;-) |
#20
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Well for whatever reason a car sales at auction it is what the value guides and classic car insurers use to determine value. There is no database on private sales across the hobby. Like it or not the auctions are documented sales.
I agree a lot of money gets spent on incorrect cars but the truth of the matter is a lot of the high end concourse winning and documented cars get sold at these auctions as well. I have noticed quite a few Pontiacs that were high point concourse cars at GTOAA Nationals go across the auction block. Just because you or I would not spend that kind of money does not mean the car is not worth that much. The market determines the value. The big auction houses use this to their advantage. |
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