Solid 1970 Trans Am Project
Not mine, just figured someone might be looking. Looks like a great place to start. Is this a PY member's?
https://atlanta.craigslist.org/nat/p...396615468.html |
Texas deal
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Are the 70s bringing that much now, missing original motor?
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Parts car.
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The data plate indicates that it's a 1970 (picture 1). However, the rear package tray/bulkhead area does not have the correct (1970 only) rectangular cutout for the rear window defroster vent, (picture 2). Picture 3 is a reference photo showing the correct packager tray. The package tray also has a 1971 and later evap standpipe, (picture 4). 1970 did not use this style. Maybe the rear bulkhead has been replaced with a later year one, hard to tell from the pictures.
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So what would be reasonable for this if it had the correct motor/trans/rear and the hard to find stuff like shaker and wheels?
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This lucerne blue project sold recently with an asking price of $25k.
https://www.restoreamusclecar.com/ve...ntiac-trans-am |
In case one wonders why these projectscare selling for so much, here is a lucerne blue '71 that sold at auction on the west coast for a $70k hammer price, was shipped to NYC metro area, appeared on Hemmings a week or two later for sale by a dealer with Inquire for the price, and the ad was gone the next morning:
https://www.mecum.com/lots/CA0821-48...tiac-trans-am/ And this '71 sold for a hammer price of $97k. Add in the auction buyer's fees and you are at $107k. https://www.mecum.com/lots/CT1021-48...tiac-trans-am/ |
Prices are crazy these days. I think in about ten years the market will drop out in the US . Most shops are getting at least 100 a hour for restoration work. Not hard to spend 60 to 70k restoring a car. Add the 25 you paid and you might break even. I have worked on some high end cars and the owners are normally well off. They get back about 70 percent of the investment when they sell
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Based on the number of cars Restore A Muscle Car has listed for sale in the past couple years, it seems they must have purchased half of the '70 Trans Am projects that have come up for sale in the last 15 years. |
Around 2006 - 2007, there was a huge debate on this very forum about where collector car prices were going. Not long after that debate, the Great Recession hit and collector car prices dropped.
The big argument at the time was that the people who loved the 60s and 70s cars were getting old and once we died out, demand and prices would plummet. So I really have to wonder what will be the price peak for the 1960s & 1970s cars. Quote:
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