Thinking of Buying - Team Camaro Tech
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post #1 of 14 (permalink) Old May 25th, 17, 10:16 PM Thread Starter
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George
 
Join Date: May 2017
Location: GA
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Thinking of Buying

Im a Ford guy, 57 years old and have only ever owned a couple Chevys, a 1975 350 Monza and a 1988 1500 pickup.

I am thinking about buying a 69 one owner Camaro from a family friend. The owner is in his 70s, his kids have no interest in the car and he doesnt enjoy working on it anymore.

Bone stock except the 307 was swapped for a rebuilt short block about 20 years ago, the 3 speed was replaced with a 5 speed Tremec and it has dual exhaust. Everything else is original to the car. drum brakes, ac, ps. He kept all parts removed except the short block. About 200,000 miles on it.

The interior needs door panels and carpet, otherwise it is in very nice condition. Seats were recovered a couple years ago with the correct vinyl.

The exterior needs minor body work and paint. No rust, always parked inside. The left rear quarter was hit and replaced with new GM sheetmetal about 25 years ago.

I would like to put it as close to original as possible, keeping the Tremec, duals and adding disc brakes and use it as a fair weather driver, thats what the owner does now. No desire to make it faster, I have a GT500 that is fast enough. This car was one of many, its Frost Green, vinyl top with a Medium Green interior that I like a lot, my folks had a 67 Mustang that was Ivy Gold which is very close to Frost Green.

He wants 15k, which I think is very reasonable.

If I buy it for 15k, I wouldnt haggle with a family friend over price and I put another 10k in it, where will I be down the road when i want to sell?

I say anyone who buys a car for an investment needs a good investment adviser, Ive never made a dime off one.
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post #2 of 14 (permalink) Old May 26th, 17, 03:50 AM
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Brian
 
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Re: Thinking of Buying

First of all... welcome! Hard to put a value on it without pictures, but it sounds reasonable. Always nice to see another Frost Green car on here. Can you post pix?

Experience...... It's what you get when you didn't get what you wanted.
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post #3 of 14 (permalink) Old May 26th, 17, 04:29 AM
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Ray
 
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Re: Thinking of Buying

Welcome and welcome to Chevrolet.

As a one owner car ask your friend if he has a paperwork for the car. As an investment purchase you want any and all information possible. Hang on to all the original parts.

I don't think the '69 307 is all that desirable and you didn't say what block is in it now. That said, the changed block with minimum upgrades like a tweak in horsepower, dressed up tastefully and cleanliness of the engine bay should help with value. The Tremec and your other plans for it also boosts value.

Without pictures it's hard to agree to $15k although that's not a bad entry price if all is good with the mechanics and it needs only minor body work. The interior replacement parts can be done by you gradually.

Good luck with your decision, let us know how you made out.

'68 rs/SS 350 M-21 posi
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post #4 of 14 (permalink) Old May 26th, 17, 04:30 AM
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Bruce
 
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Re: Thinking of Buying

Welcome to the site. I would say it sounds reasonable at $15k, without seeing any pix. The solid body is important in todays rust filled world!!
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post #5 of 14 (permalink) Old May 26th, 17, 04:39 AM
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Vince
 
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Re: Thinking of Buying

15K sounds right on the money and with a 69 Camaro you will never have a shortage of buyers when selling if needed.
Those Monzas were quick!!

1967 327 4spd convertible 119K
1968 RS Z/28 04D Norwood have owned twice
1968 RS Z/28 04D Van Nuys asleep for 36 years
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post #6 of 14 (permalink) Old May 26th, 17, 04:58 AM
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Al
 
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Re: Thinking of Buying

Buy it or send me the info

Mostly Camaros and FINALLY a Double Nickel
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post #7 of 14 (permalink) Old May 26th, 17, 05:32 AM
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mike
 
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Re: Thinking of Buying

I say anyone who buys a car for an investment needs a good investment adviser, Ive never made a dime off one.

Sounds like you answered your own question.
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post #8 of 14 (permalink) Old May 26th, 17, 04:09 PM Thread Starter
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George
 
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Re: Thinking of Buying

Im not looking for an invest, but dont want to take a bath when it comes time to sell. By mid-66 Ford sold over 1,000,000 Mustangs, I think the 3 year run of Gen 1 Camaros was less than that, so there are less of them around. I rarely see one on the road, a couple weeks ago at Atlanta Motor Speedway, i bet there was 100+ in attendance.
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post #9 of 14 (permalink) Old May 27th, 17, 11:52 AM
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Barry
 
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Re: Thinking of Buying

Your background sounds similar to mine. Aside from a C5 vette and a pickup I have been a Ford guy all my life. While browsing for a new project for myself over the past few years I was open to either a 65 fastback mustang, a super duty TA or a 69 Camaro.

Ended up with a 69 that started out as a Fathom green, 307, powerglide. At $15K you are in the ballpark of what the guy was asking for the one I bought.

From what I've seen here most would say that's too much for a plain jane car, but in my local area 10K pretty much gets you a completely hacked shell as a starting point.

IMO how upside down you end up in it largely depends on how crazy you get with the drivetrain and the amount of work you can perform yourself. Average examples of these cars sell frequently in the $25-35K range here.
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post #10 of 14 (permalink) Old May 27th, 17, 02:22 PM
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Charlie
 
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Re: Thinking of Buying

Welcome George and as noted, you should be fairly good with cost price to value, although the right color with desirable options could put you in the plus column.

I think most of us here put a higher value on the simple joy of seeing one of these great cars in our garage, the fun from working on them along with sharing in the friendships along the way.

Charlie
Edmonds, WA
1969 Camaro SS Vert LS1 T56
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post #11 of 14 (permalink) Old May 27th, 17, 07:40 PM
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Jimmie-Retired
 
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Re: Thinking of Buying

Sounds like a decent price for an entry level 69. Even if it is a plain jane. Two excellent add on's are the air, which you'll need in GA, and the 5 speed. If you had to have the two installed, you'd have to spend at least 5K just for those two items. I would'nt be in love with the colors but if they are original, I'd leave it as is. You won't get hurt unless you put a ton of $$$ in it. Just put a nice set of wheels on it and drive. it. Good luck.

Jim's '69
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post #12 of 14 (permalink) Old May 27th, 17, 11:30 PM
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Darin
 
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Re: Thinking of Buying

A truly no rust 69 camaro that's a solid driver 5spd is worth quite a bit more here in Ca.

1968 Butternut Coupe,
421" Dart SHP block
TKO 600 RR
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Speedtech torque arm,Ridetech HQ coilovers
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post #13 of 14 (permalink) Old May 28th, 17, 07:38 AM
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Re: Thinking of Buying

Welcome, George, to the club.
As others have said, I agree, good value for the price.
If you buy her, and I think you will, enjoy the journey.

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post #14 of 14 (permalink) Old May 28th, 17, 11:44 AM
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Re: Thinking of Buying

Sounds about right if its as you say....maybe even on the good side to you.

68 Camaro~LSx ~all motor
1.54 60'--6.95 @ 98.45 660'--10.96 @ 121.53
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