69 SS project car

ko-lek-tor · Jul 9, 2015

Trying to come up with a realistic value of a 69 SS 350 Auto. Same owner 36 years. Born With Drive train. Partially disassembled 36 years ago(dog house, eng./trans, interior, windshield). Car is all original and components are all GM and everything is with the car. Engine has all brackets, manifolds, carb, air clnr.,etc...stock original. fenders, inner fenders and core support sold years ago. Owner has NOS fenders, inner fenders,grille to replace sold items. Has typical Ohio rust (quarters,floor,trunk,dash). There is no documentation. It is a pre-X code 11D Nor. build. History known back to early 70's.

Ordered options:SS, L48, T350, BS 3.31 posi 12 bolt, A01tint glass, U17 Tach/guages, D55 console, blk Hndstooth Dlxe interior, special paint, D80 front/rear spoilers, dlxe rear bumper grds.

Please, I would like a purchase value of the entire car with the mentioned NOS items and without.
Thank you TC.

EcklersCamaro · Jul 9, 2015

Got any pictures?

Vega$69 · Jul 9, 2015

To come up with value.

#1 Determine what it will be worth when restored.
#2 Determine what it will cost to restore
#3 Subtract #2 from #1
#4 Subtract $ for your time and effort

With the rust issues body and paint could easily exceed $20K. The rest of the restoration another $20K if you do most of the labor yourself.

When your'e done you will most likely have substantially more invested then it's worth.

ko-lek-tor · Jul 9, 2015

Vega$69 said:
To come up with value.

#1 Determine what it will be worth when restored.
#2 Determine what it will cost to restore
#3 Subtract #2 from #1
#4 Subtract $ for your time and effort

With the rust issues body and paint could easily exceed $20K. The rest of the restoration another $20K if you do most of the labor yourself.

When your'e done you will most likely have substantially more invested then it's worth.

Thanks, but I would call that useless information unless you think(if I owned car) I should post an ad saying "come take car and I will give you $10K to make sure you do not get upside down on this restoration".

By what you are saying, car is worthless, so I own a backhoe and I may bury it on my farm, correct?

Elvis · Jul 9, 2015

#1 Determine what it will be worth when restored.
#2 Determine what it will cost to restore
#3 Subtract #2 from #1
#4 Subtract $ for your time and effort

If this were the method to arrive at value of a car needing restoration ,most sellers would have to give their car away for free, AND give the buyer some money.

Lobstah · Jul 9, 2015

I agree with John. Your analogy isn't valid because it discounts the emotional value of someone interested in doing the restoration.
The point is, that car will require a major investment of both $$ and time/effort to get it on the road. And when that happens, the person who's driving it won't care so much what the market value is, they'll be far more invested in what the "$hit-eating-grin" value is when they drive it.
For someone looking for a project, regardless of what the total investment is, you might get $3-4k, IMHO. What John is pointing out is that the person who buys it for that is going to invest an additional $30-40k in the car, and it'll probably be worth about $30K

, and that won't include however many of their own labor hours they have invested, meaning they worked for $0/hr.

ko-lek-tor · Jul 9, 2015

Lobstah said:
I agree with John. Your analogy isn't valid because it discounts the emotional value of someone interested in doing the restoration.
The point is, that car will require a major investment of both $$ and time/effort to get it on the road. And when that happens, the person who's driving it won't care so much what the market value is, they'll be far more invested in what the "$hit-eating-grin" value is when they drive it.
For someone looking for a project, regardless of what the total investment is, you might get $3-4k, IMHO. What John is pointing out is that the person who buys it for that is going to invest an additional $30-40k in the car, and it'll probably be worth about $30K , and that won't include however many of their own labor hours they have invested, meaning they worked for $0/hr.

I thank you. So, with the NOS stuff and numbers matching born with drivetrain, $3-4K. That answers my ?. So, I will part out what I can,destroy the rest and move on with my life.

dhutton · Jul 9, 2015

ko-lek-tor said:
I thank you. So, with the NOS stuff and numbers matching born with drivetrain, $3-4K. That answers my ?. So, I will part out what I can,destroy the rest and move on with my life.

I am guessing around $10-12k is the current MARKET VALUE for that car with those NOS parts. Market value is quite different from what it is worth. No way could you buy that car with parts for $3-4k. I for one would pay substantially more than $3-4k for that car.

Don

Vega$69 · Jul 9, 2015

ko-lek-tor said:
Thanks, but I would call that useless information unless you think(if I owned car) I should post an ad saying "come take car and I will give you $10K to make sure you do not get upside down on this restoration".

By what you are saying, car is worthless, so I own a backhoe and I may bury it on my farm, correct?

You asked for a "realistic" value. If this was a Z, COPO or Big Block original SS then the math would derive a higher value.

The method I use in determining value could be used in your negotiating a price with the seller.

The facts of life are #1 most sellers of cars like this watch too much Barrett Jackson and think they are sitting on a gold mine and #2 Most buyers grossly underestimate the cost and time required to restore them.

Do you think you can do the rust repair, body and paint for less then $20K?

Do you think you can restore/rebuild the drivetrain for less then $10K?

Do you think you can redo the Deluxe interior, wire the car, do the dash, glass, wheels, brakes, tires, bumpers, and all the other little things for less then $10K?

If this is a car you really want/intend to keep and have the skills and time to restore it and just plain like doing this type of work then go for it.

btw. Every car in my sig was a project I bought from someone who underestimated what it costs in time and $$$ to build a car. In most cases I bought them for about 50 cents on the dollar of what the guys had invested not including their own time.

Melrose RS · Jul 9, 2015

Bentley, clarification...are you selling this car or buying it? The way I read the responses most think you are buying.

Vega$69 · Jul 9, 2015

Melrose RS said:
Bentley, clarification...are you selling this car or buying it? The way I read the responses most think you are buying.

I assumed the OP was looking to buy.

If selling put it up for $12k. Somebody will buy it. Lol

ko-lek-tor · Jul 9, 2015

Tom, I may have been ambiguous about that. Selling. I already have a BB SS I am trying to get done and I am all too familiar with what the restoration costs are or are mounting to. I see all kinds of prices all over the board and I am trying to nail down an idea of this car's value for a couple of reason's. One, if I do sell it, I want it priced to move and not himhaw around with a bunch of guys. When I decide, I want it gone and quick. Second, if all I can get is, say, $3k, I might as well keep it or part it out, 'cause that won't be much toward my other car. I have a farm with no zoning or restrictions, so I can push the car in a ravine and say, "screw it", if it ain't worth nothing.

This all started by a guy I had come over and give me a price to paint my BB car. He said $5k, Very little rust repair left on car to paint (corner of deck lid, lh rocker patch,dash top replace), plus this car I am asking about. He said he valued the car at $3k. It got me thinking. I told him if he could find another matching number SS for $3k, I would give him $6k just for finding it. I would rather just pay the guy cash and sell the car outright. Couple of buddies said, screw body guy, they think I can do it myself and they will help (not sure that will work). So, I have not bought or sold a car in eons and even though I see stuff sell crazy on eB-y, It is just a picture and I am not seeing it in person. I thought guys on here would have a better idea than myself of this car's value. As far as BJ or Mecum prices, I never consider my stuff Gold and ignore those crazy figures. That is why I asked for a realistic price. As far as not disclosing my intentions right off, It should be irrelevant and immaterial to my initial question of value. Thanks.

Vega$69 · Jul 9, 2015

Bentley

Not to split hairs but you asked for "realistic value"

The majority of threads on WIW are from potential buyers looking for what they should pay for a car they are considering buying.

When we see that question posed we evaluate it differently then if a guy posts up "How much can I sell this for?"

There's a big difference between realistic value and what you can sell it for.

If it was my car I would sell rather then trade for services. Seems like when you trade you come up on the short end of the stick.

I would clean up and organize the car and all the parts offered along with a detailed list of what you have. Doing so will help with a quick sale for the highest dollar.

GLWS

camarodude67 · Jul 9, 2015

The 69 should be about 10K plus or minus.. Low would be 8K and high would be about 13K.

Jeff G.

Melrose RS · Jul 9, 2015

Bentley, I read between the lines.

My 2 cents, I would not try to sell it the way it looks at the moment. Take a weekend, hang the doors and front metal and then ask the moon for it. Recently 69's nowhere as complete have gone for $12k on ebay. Good luck with the sale.

camarodude67 · Jul 9, 2015

Melrose RS said:
Bentley, I read between the lines.

My 2 cents, I would not try to sell it the way it looks at the moment. Take a weekend, hang the doors and front metal and then ask the moon for it. Recently 69's nowhere as complete have gone for $12k on ebay. Good luck with the sale.

X2 as it sits right now it looks bad, you need to document all parts and get it cleaned up...:thumbsup:

ko-lek-tor · Jul 9, 2015

Vega$69 said:
Bentley

Not to split hairs but you asked for "realistic value"

The majority of threads on WIW are from potential buyers looking for what they should pay for a car they are considering buying.

When we see that question posed we evaluate it differently then if a guy posts up "How much can I sell this for?"

There's a big difference between realistic value and what you can sell it for.

If it was my car I would sell rather then trade for services. Seems like when you trade you come up on the short end of the stick.

I would clean up and organize the car and all the parts offered along with a detailed list of what you have. Doing so will help with a quick sale for the highest dollar.

GLWS

No harm, John (Vegas$69). And thanks for all who posted and their opinions. John, I value and agree with most of your thoughts. If I said I was buying, then lower end of scale of pricing I would get. If I said selling, the upper, I would guess. I, myself was thinking along what several others said around the $10-12k range. But as stated, I have not had my hand on the pulse of the market for sometime. My last Camaro bought was in 85 for $200, another 69 I still have.
This one resto I am attempting has kind of turned my stomach as far as attempting another it has been real hard to find a reputable body guy. And, as I age, I know the chance of getting everything I want to accomplish looks less and less. None the less, this is a real deal car and not a clone or missing drivetrain, so I figured it would be worth saving to someone. Owning a car for 36 years is hard to let go, but I am practical and would like to find it a good home. Thank you,again, all that contributed.

bilodeaulynn · Jul 9, 2015

Hey Bentley:

How you doing buddy?
I agree with John. I would put some lipstick on that pig (no offense intended) just to make it more presentable. Clean it up a bit, hang doors or whatever else you need to do just to make it more presentable. You don't want to HIDE any defects, just make it look more complete.

What I would also do is sell the NOS stuff separately. Let the buyer know you have them available. NOS fenders and inners bring some pretty good money. There is a guy on the Yenko site looking for NOS fenders right now.

I would bet you get 8+ for it without the NOS parts. SOMEONE out there wants a matching #s SS.

Good luck.

ko-lek-tor · Jul 9, 2015

bilodeaulynn said:
Hey Bentley:

How you doing buddy?
I agree with John. I would put some lipstick on that pig (no offense intended) just to make it more presentable. Clean it up a bit, hang doors or whatever else you need to do just to make it more presentable. You don't want to HIDE any defects, just make it look more complete.

What I would also do is sell the NOS stuff separately. Let the buyer know you have them available. NOS fenders and inners bring some pretty good money. There is a guy on the Yenko site looking for NOS fenders right now.

I would bet you get 8+ for it without the NOS parts. SOMEONE out there wants a matching #s SS.

Good luck.

Hey, thanks for the Hello Lynn. Thank you also for the advice too. Hard letting go of stuff, at least for me. This car, not as much so. NOS may be sold separate, good idea. Think of all the other hard to come by pieces , like, original air cleaner, exh.&int. manifolds,radiator and on and on I already have for this one too. Could make a sweet ride. Take care Buddy.

69 SS project car

ko-lek-tor

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