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#1
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64 GTO, help a veteran not get ripped off
There is a 64 GTO local to me owned by a veteran who no longer can drive the car. About 5 years ago it was running and driveable. Been sitting since. He is no longer able to take care of himself and others are trying to settle his estate. They've been offered $2500 for the car but I think it is worth more. Take a look and let me know what you think. It is stated but not yet proven that the car is numbers matching. Don't know anything beyond what is in the pictures but we are working on getting a peek under the hood, in the trunk, under the carpet and a picture of the cowl tag.
More to come as we can gather the info.
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The '64 GTO The '65 Chevelle The '69 Chevy Pickup Project The Brazen Orange 2006 GTO |
#2
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One more.
At the very least I see: -power brakes -power windows -automatic -vinyl top -air conditioning I'm guessing power steering too given the other options. I'd also guess this a 4-bbl car but no proof one way or another yet. To me, the hood alone could be worth $1500 (I sold one years ago for $2000 which had already been made perfect and was in primer).
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The '64 GTO The '65 Chevelle The '69 Chevy Pickup Project The Brazen Orange 2006 GTO |
#3
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Not sure what info you are looking for, but I’d guess its worth $4,000 - $5,000 as it sits, thinking it’s pretty rusty underneath. As you state, some parts on it have value (although since repop hoods have hit the market I’m not sure OEM hoods are that valuable anymore) but the vinyl top trim is desirable to many. To me - auto trans is not desirable, A/C would be but would take a lot to get updated to work
I think $4k-$5k is fair IMO Hard to say without laying eyes/hands on it………. |
#4
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OTOH it needs an interior, doubt AC works (need to see engine). If rusty is probably worth more as parts than a car. If selling and the $2500 is cash, I'd take it. (am am also a vet).
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#5
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If you think it's worth more, buy it for $2500 and sell it for more. If you're exceptionally charitable, you can give them the profit.
Can they get more for it? Probably? Is it worth the added work/headache to market, etc. to make a couple thousand extra? Probably not. Is there a clear and easily transferrable title or will there be paperwork to deal with? Is it located in the middle of nowhere? Automatic car with so-so (at best) color combo. Not my choice for a resto candidate, but will still float a few peoples' boats. |
#6
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I think you're correct in assuming 4bbl with the automatic. Lot's of work to make that functional as the interior really is trashed. Assuming a real '64 GTO motor, there is potential for some serious money for that and the hood Then you have fenders, doors and vinyl top trim and miscellaneous other parts.
My '64 GTO convertible was similar to this, but it was a convertible with the original M20. I only paid $600.00 for it, but that was back in 1992. I hate saying it' might be a parts car, but unless it's somebodies dream car because of how it left the factory, it may not be worth the cost to restore. Just depends on how solid the car is after further inspection. Also a vet and hope that you can help get fair value for the car. |
#7
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There was a 64 tripower 4speed 3.55 posi post coupe with very little to no rust complete numbers matching needing complete resto on ebay that just sold for 18k, but that checks 99% of the wish list of options that everyone wants and it had all the parts included including the correct born with engine. This was a project car that still needed 50k in work. You can ask what ever you want but that doesn't mean you will get it. Most people cannot to the body work that this car needed, so it will have to go to a body shop and for that body bill it will be 20-25k for a good quality repair, and you still have the interior 2-3k and suspension and steering 3-5k, and the drivetrain to address 10-15k. It is a neat car and maybe one can get more than 5k, Chrome and trim work 3-5k, wiring 1-3k, plus one needs to figure 1-3k for unknowns, but you will have to find a person that is emotionally invested (not thinking with their pocket book). There are two nice cars for sale locally that are both tripower 4speed restored cars for sale with documents that need nothing else for sale at an asking price of 58k and (68k convertible). This is why I no longer restore cars for a living people buy these projects and think they can get it very nice for 10k and only have 20k wrapped up in a car that they paid 10k for. Even if someone bought this car and had a 100k resto done on it by a first class restoration shop like level one, everyone at a car show would run past it to look at a cobbled pile of poo that that a tripower and a 20 foot paint job parked next to it. Hagerty has a price guide they do not list a number #5 which this car is these are unbiased and from Hagerty for a 4bbl.
CURRENT & HISTORICAL VALUES View current vehicle values and see how they’ve changed over time in a 3-year, 5-year and to-date intervals. Compare these values to other vehicles and benchmark financial indices. Current Values #1 Concours$69,900 #2 Excellent$53,000 #3 Good$30,600 #4 Fair$19,400 #4 vehicles are daily drivers, with flaws visible to the naked eye. The chrome might have pitting or scratches, the windshield might be chipped. Paintwork is imperfect, and perhaps the body has a minor dent. Split seams or a cracked dash, where applicable, might be present. No major parts are missing, but the wheels could differ from the originals, or other non- stock additions might be present. A #4 vehicle can also be a deteriorated restoration. "Fair" is the one word that describes a #4 vehicle. Value Adjustments +10% for factory a/c. +15% for factory 4-spd. -10% for auto. About Hagerty's Condition Ratings | About Our Prices |
#8
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A few more pictures. In one you can see the air cleaner air horn so firming up the 4-bbl.
I'm not in any way interested in buying the car, just trying to help some non-car people put a proper value on the car. It has a clear title from what I am told. Old guy has had it since 1970 or so.
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The '64 GTO The '65 Chevelle The '69 Chevy Pickup Project The Brazen Orange 2006 GTO |
#9
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There's plenty of surface rust, but that's not a big deal. Any idea of how much actual body and frame rust there is that can't be seen in the photos? Floors, trunk pan, fenders, quarter panels, etc.
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#10
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No idea yet, more pictures to come. At some point I may get to see it in person since it is local to me. Car is in Nebraska.
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The '64 GTO The '65 Chevelle The '69 Chevy Pickup Project The Brazen Orange 2006 GTO |
#11
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Figure mine would need about $50k to be "show worthy" and has no rust now. OTOH would not want to trade the 15x8s for 14x6s (in big baggies). Better as a toy I can drive when I feel like it.
Am watching CL for a five or six speed that can take 450 lb-ft, then the Muncie would go in a big baggie. |
#12
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Complete original paint and drivetrain ‘64 GTO loaded with desirable options.
8 to 10k is what I’m seeing. The $2500 buyer is seeing dollar signs and rightfully so. You’ll never get the true market value without working for it. If you don’t sell before you’re too old and incapacitated you get 25 cents on the dollar if you’re lucky.
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1964 Tempest Coupe LS3/4L70E/3.42 1964 Le Mans Convertible 421 HO/TH350/2.56 2002 WS6 Convertible LS1/4L60E/3.23 |
#13
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Quote:
How high will it go?
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1964 Tempest Coupe LS3/4L70E/3.42 1964 Le Mans Convertible 421 HO/TH350/2.56 2002 WS6 Convertible LS1/4L60E/3.23 |
#14
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Early on I think you said $8-10K value
You’re looking spot on regarding price…..eBay helping ! |
#15
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Inched its way up to $9300 now with a little over 4 hours to go.
Wonder if it’ll top 10k in the final minutes.
__________________
1964 Tempest Coupe LS3/4L70E/3.42 1964 Le Mans Convertible 421 HO/TH350/2.56 2002 WS6 Convertible LS1/4L60E/3.23 |
#16
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Ok if don't want to put a few grand into it offer at $5k and see what happens. Trim tag and 79J match a GTO 389 4bbl Automagic (2 speed) but interior really lets it down.
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#17
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Where is the car at. Must be a sunny state cause interior and paint look really fried.
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#18
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You'd definitely have to be seriously committed to take this car on. Power windows is awesome! Don't see that much.
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#19
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Looser in Calif.20 to 25K to paint it.Tom
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#20
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BTW back in the day many added power windows, not hard. Best get PHS documentation.
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