View Full Version : 1969 Chevrolet z-28 D-80 Hugger Orange 80% Done


Fuzzyhall
Apr 6th, 09, 09:04 PM
Hey guys what is a z worth in this condition?

Here is the ad: This is a Two owner 1969 Camaro Z-28 originally purchased and driven in Maryland. Approximately two years ago it was sold and the owner began a professional restoration of the car. The camaro is described as follows:

A 1969 Camaro Z-28 in original Hugger Orange and Black color. It has the original DZ engine numbers, Muncie 4 speed transmission with numbers matching the vin, original shifter ball, original 12 bolt rear with multi leaf suspension, one set of original YH rally wheels (Extra set is also there), front power disk brakes, cluster gage console, and 8K RPM tach. All numbers seem to match except the Holly carberator.

COWL TAG INFO

ST69 12437 NOR102966 BDY

TR 711 72 B PNT

08A X33D80

ENGINE CODE STAMPING - V0729DZ

ENGINE VIN - 0351 (these are the last four numbers...I will get a better look ASAP)

TRANSMISSION MAIN CASE - 3925660

TRANSMISSION DATE - P9H10A

TRANSMISSION VIN - 79N670351

REAR END CENTER CASTING NUMBER - 3894860NF

WHEEL CODES - K 1-9-5 YH

PLEASE ACKNOWLEDGE, WE ARE SELLING THIS VEHICLE AS IS. I HAVE TRIED TO VERIFY AS MUCH OF THIS INFORMATION AS POSSIBLE BUT FINAL INSPECTION IS THE RESPONSIBILITY OF THE BUYERS! We do have all of the paperwork on the car including ALL of the restoration work done and parts used/replaced. In addition, you may notice the car looks approximately 80% done. The remainder of parts are almost all there and will be sold with the car. My estimate is that with 25 - 30 hours of work you will have a show quality 1969 Camaro Z-28.

RamAirDave
Apr 6th, 09, 11:00 PM
That's a tough one, especially with limited pics. The big part is what would you be comfortable with as far as the resto work that's already been done.

Myself, I would likely take it all back down and start over with most of it. But that's just me.

If you're just looking to finish up what's left, and it is #s as said, it's maybe ballpark $60K finished I would think?

SPARKY69
Apr 7th, 09, 04:54 AM
Love the endura bumper!!!!!!!!!!!!!! IS THAT A PWR ANT???

KevinW
Apr 7th, 09, 05:13 AM
Love the endura bumper!!!!!!!!!!!!!! IS THAT A PWR ANT???

Thats just a antenna stub, the masts are removable. Plus, you cannot get a power antenna in that location because of the cowl. BTW, there is no front bumper on that car :)

You have to make sure of the drivetrain codes and trim tag and hidden vins before you pay the big bucks!

Camullet
Apr 7th, 09, 07:15 AM
This would be a awesome car to get, with the right colors and #s...

If you really want the car, (realistically speaking, anyway...) price shouldn't matter. It's going to be an expensive endeavor however you slice it; let's hope you have an understanding and supportive family / wife, and lots of hours and $ to donate.

However, you are asking about money, so money talk you shall receive. My recent thoughts are that the market is never going to recover to the point it was at in the mid-oughts for any of these cars. Substantiating this thinking are a few factors, including the fact that the boomers have largely been taken to the cleaners with retirement funds, so their wallets are closed tight. In addition, the new generation that is becoming wealthy enough to afford the discretionary spending that's required to own/maintain old cars in general is not as interested in american iron as the boomers were (lots of factors for this... Think of the 80's and all the Eurocar posters on kids' walls, etc...).

But here's the beauty, as it cuts both ways... Work these factors into your price, as the current economy has created an environment that has not been this ripe for buyers of american muscle in some time. The car will always be valuable, especially to you if you're smitten and have no plans to fix and sell. You can't put a price on memories, and if you enjoy working on cars, you'll get all the ROI you could want and then some with your labor of love.

Realisticallly, this car done will more than likely sit at less than $40K in the current market if you end up trying to sell (I don't even pay attention to asking prices anymore). So if you get in cheaply enough, you're in great shape either way. So you need to ask yourself-- How long are you comfortable tying up your money in a car, and what are the major considerations in the purchasing decision(s)?

Make sure you get the seller to give you a ballpark price of what they want; if they can't give you an idea, then don't feel bad insulting with a low-ball offer. My price on this car as it sits, if the latter is the way it goes down (and depending on how surly the seller is this may change, because you usually only get one chance. Make sure you make friends before you do the offer, and be prepared to walk): Offer at $12K bag of cash style to start negotiating, and hope for the best.

If you have more to spend and really want it, then the bottom is what works for you. However, my experience is that you're buying someone else's frustrations (there's a reason that people get most of the way through a restoration and stop; the love is usually gone for a reason), so you're going to have more into it than you think, as the work that's been done is definitely going to need to be reviewed.

Good luck, and if you bring her home, do plan to have fun with it!

Jonesy
Apr 7th, 09, 07:35 AM
Show up with $12K and the guy will laugh at you. I'm sure he knows it's worth more than that and you are insulting the guys intelligence.

Camullet
Apr 7th, 09, 07:56 AM
Laugh? Maybe, maybe not... I guess if you read my post, that's a movable number depending on the lust factor for the buyer. After all, there's an a55 for every seat.

I do understand your post, but it doesn't take away the fact that there's the potential of $20K worth of work still to do on that car, not to mention that you're tying up your money for an undetermined period of time, which also has a cost. So, what the seller has in it and what it's worth are two very different numbers, because at anything north of $12K-ish, you have the potential of being upside-down in completing the car.

Becausee the OP asked about money, it seems to be an issue for he/she. So, you cannot get involved with something like this if funding doesn't allow, or you'll be next in line selling the car at 80% completed.

Also per my post, if you don't care about being upside-down, none of this really matters. In effect, how many hobbies can you actually plan to profit from? Not very many...

The seller can ask whatever he/she wants for it, and the buyer can pay whatever he/she can afford to part with. The OP asked about money and thoughts, and that's what I gave.

sleepsinshed
Apr 7th, 09, 08:14 AM
It is a little odd that the car is for sale at this point in it's progess. The ad says that it comes with the missing parts and only needs 25-30 hours to make it a show vehicle. So why sell now and take the hit? Something's not right. Make a low-ball offer and don't worry about insulting the seller's intelligence. He didn't list a price, so feelings have no place in the negotiations.

Camullet
Apr 7th, 09, 08:15 AM
You are a wise man...

sleepsinshed
Apr 7th, 09, 08:30 AM
Back at you.

Fuzzyhall
Apr 7th, 09, 09:54 AM
Thanks for the input thus far. I will be going to look at the car this weekend. It belongs to a dealership that went under and they are selling everything. I doubt he will give it a way but who knows what his circumstance is?

I will keep everyone posted on what progresses. I'm thinking it's worth $30K all day the way it sits. Maybe up to $50K done

frankk
Apr 7th, 09, 11:35 AM
This would be a awesome car to get, with the right colors and #s...

If you really want the car, (realistically speaking, anyway...) price shouldn't matter. It's going to be an expensive endeavor however you slice it; let's hope you have an understanding and supportive family / wife, and lots of hours and $ to donate.

However, you are asking about money, so money talk you shall receive. My recent thoughts are that the market is never going to recover to the point it was at in the mid-oughts for any of these cars. Substantiating this thinking are a few factors, including the fact that the boomers have largely been taken to the cleaners with retirement funds, so their wallets are closed tight. In addition, the new generation that is becoming wealthy enough to afford the discretionary spending that's required to own/maintain old cars in general is not as interested in american iron as the boomers were (lots of factors for this... Think of the 80's and all the Eurocar posters on kids' walls, etc...).

But here's the beauty, as it cuts both ways... Work these factors into your price, as the current economy has created an environment that has not been this ripe for buyers of american muscle in some time. The car will always be valuable, especially to you if you're smitten and have no plans to fix and sell. You can't put a price on memories, and if you enjoy working on cars, you'll get all the ROI you could want and then some with your labor of love.

Realisticallly, this car done will more than likely sit at less than $40K in the current market if you end up trying to sell (I don't even pay attention to asking prices anymore). So if you get in cheaply enough, you're in great shape either way. So you need to ask yourself-- How long are you comfortable tying up your money in a car, and what are the major considerations in the purchasing decision(s)?

Make sure you get the seller to give you a ballpark price of what they want; if they can't give you an idea, then don't feel bad insulting with a low-ball offer. My price on this car as it sits, if the latter is the way it goes down (and depending on how surly the seller is this may change, because you usually only get one chance. Make sure you make friends before you do the offer, and be prepared to walk): Offer at $12K bag of cash style to start negotiating, and hope for the best.

If you have more to spend and really want it, then the bottom is what works for you. However, my experience is that you're buying someone else's frustrations (there's a reason that people get most of the way through a restoration and stop; the love is usually gone for a reason), so you're going to have more into it than you think, as the work that's been done is definitely going to need to be reviewed.

Good luck, and if you bring her home, do plan to have fun with it!

You are not thinking like a car lover, but more like an investment broker or another victim of this ploughed to death so called bad economy

Camullet
Apr 7th, 09, 12:21 PM
I agree that the pundits make things sound worse than they are. My point is/was that this car is potentially loaded with surprises, and that now is a good time to buy. This doesn't mean that you should overpay...

Unreal
Apr 7th, 09, 04:38 PM
Usually the 80% that is done, is the easier (and cheaper) 80%. I know the math doesn't work, but usually the last 20% costs the same in time and money as the first 80%.

If the seller insists that 20% remains, offer him 30% more to buy it completed. Tell him he can invest those 25-30 hours, and put $10K in his pocket.....he will not go for that deal!

The fact that it is at a dealer who it liquidating is a good thing for you. There will be no emotion in the selling decision. Offer a price on the low end of fair, and he'll take it.

skipdaddie
Apr 7th, 09, 06:14 PM
It all depends on how nice the paint and body work are. If it has nice paint and body at $25K you are doing good. If someone offered me $12K for it, I would be less likely to deal with them.

ChevyThunder
Apr 7th, 09, 07:57 PM
A solid all numbers matching Z is worth over 30K all day long . I am talking from recent experience. I just sold a NOM solid Z for close to 30k and had 30k offers after the fact.

I have also just been offered 28k and 28.5k for my numbers Van Nuys Z that should be restored and I turned it down. I keep turning them down .. they go and look for another car then come back and offer me more:)

Also know of two restored Z's that brought 80k and over 90K(aftermarket xram) in the last 60 days.

It seems many of the people who throw out these 12k numbers for a matching numbers solid Z/28 are people who do not own a Z/28 and do not play in that arena.

Fuzzyhall
Apr 12th, 09, 02:02 PM
The car sold for $39,000

T-Man
Apr 12th, 09, 08:00 PM
Actually 39,500.

Jonesy
Apr 13th, 09, 07:28 PM
Nice advice there Camullet. :rolleyes: looks like you are pretty much out of touch with todays market. :yes: :Dl:)l:)l:)

namz111
Apr 13th, 09, 08:20 PM
one thing that always bugs me is when somebody is selling something and they dont list a price... they are selling because they know what they want to sell it for... its yours to sell list the price!

RamAirDave
Apr 13th, 09, 08:27 PM
Nice advice there Camullet. :rolleyes: looks like you are pretty much out of touch with todays market. :yes: :Dl:)l:)l:)

$12K, $39K.... kinda splitting hairs there aren't ya? :D

clill
Apr 13th, 09, 08:34 PM
With 12K he got Apollo 11.