1969 malibu - Chevelle Tech
What's it worth? & ebay/online sales discussions

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post #1 of 54 (permalink) Old Jan 9th, 20, 10:36 PM Thread Starter
 
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1969 malibu

Looking to buy this chevelle. 69 malibu, originally a 307, but has a 350 with turbo 350 transmission. Been a southwest car for the life of the vehicle. All floor pans are solid, trunk pan is solid. Minor rust on a couple wheel wells. The guy said it ran about 10 years ago when he parked it and hasn’t moved since. Interior is also pretty solid, but if I get the car, it will be replaced. Guy was asking 5k when I looked at it but called me back and said the title is salvaged from a minor rear end crash in the 90’s. What do you think it’s worth?
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post #2 of 54 (permalink) Old Jan 9th, 20, 10:54 PM
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Re: 1969 malibu

3k

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post #3 of 54 (permalink) Old Jan 9th, 20, 11:01 PM
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Re: 1969 malibu

Neat car....love the fathom green '69s, especially with a dark green interior.
Keep in mind that 3,4, or even 5k as an initial investment is somewhat minor compared to the rest of the money involved in your future plans with the car. That in mind, don't walk away from the car based on dollars.
I know if it was me, I'd play him with all I had, but wouldn't hesitate to dump 5k on it.
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post #4 of 54 (permalink) Old Jan 9th, 20, 11:15 PM Thread Starter
 
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Thank you! I know this stuff can get pricey. My dad and I are planning on restoring it. He’s got 30 years of mechanic background (owned his own business forever too). Anywho, we plan on doing most of the work. Plus I’m also wanting to buy a car in hopes it lights a fire under my dad so he can start restoring his ‘69 z11 camaro pace car all numbers matching.
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post #5 of 54 (permalink) Old Jan 9th, 20, 11:18 PM Thread Starter
 
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Quote:
Originally Posted by cheveslakr View Post
Neat car....love the fathom green '69s, especially with a dark green interior.
Keep in mind that 3,4, or even 5k as an initial investment is somewhat minor compared to the rest of the money involved in your future plans with the car. That in mind, don't walk away from the car based on dollars.
I know if it was me, I'd play him with all I had, but wouldn't hesitate to dump 5k on it.
Also, any tips on negotiating? Initially the price was 5k, but he told me the title was salvaged (not a big deal to me since it’ll get restored) so that’ll impact the price in my favor.
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post #6 of 54 (permalink) Old Jan 9th, 20, 11:36 PM
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Re: 1969 malibu

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Originally Posted by Jskinn27 View Post
Also, any tips on negotiating? Initially the price was 5k, but he told me the title was salvaged (not a big deal to me since itíll get restored) so thatíll impact the price in my favor.
The salvage title is a certainly a negotiating point, but I wouldn't drop my price too much if I was the seller. This isn't a 2015 F150 where a salvage title would kill its value. With a project car like this one, you're pretty much going into it knowing it needs a bunch of work to make it roadworthy.

With that said, I'd offer $3500 & negotiate from there. I would have no problem paying him $4200-4500.

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post #7 of 54 (permalink) Old Jan 9th, 20, 11:38 PM
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Re: 1969 malibu

a salvaged title will make it harder to sell someday in the future. Not sure how certain insurance companies cover salvaged cars. I would call hagerty and see what they say about coverage. if insurance is a issue, take any I for with you and maybe offer 3k, but 5k with a title is going to be a decent deal. jim

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post #8 of 54 (permalink) Old Jan 9th, 20, 11:43 PM
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Re: 1969 malibu

Since you're asking, I'm assuming you're outmanned in that battle. Your best chance is bringing someone acting as your guide and let them do the negotiating, pointing out the baseline price but subtracting all the known issues, including the branded title. I purchased my first 2 cars at the side of my dad. He had tough questions, leakdown tester, jack, flashlight, scraper, rags, gloves and all the pertinent knowledge needed to put the seller at the disadvantage. You look prepared, pack the knowledge of that particular chevelle model, and it'll send a big message to the seller. Also, NEVER let on how you've always wanted a chevelle!!
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post #9 of 54 (permalink) Old Jan 9th, 20, 11:45 PM Thread Starter
 
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[QUOTE= take any I for with you and maybe offer 3k, but 5k with a title is going to be a decent deal. jim[/QUOTE]

Not sure what this means? Not sure if it was a typo or some jargon I don’t understand haha.
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post #10 of 54 (permalink) Old Jan 10th, 20, 2:08 AM
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Re: 1969 malibu

Quote:
Originally Posted by Jskinn27 View Post
Looking to buy this chevelle. 69 malibu, originally a 307, but has a 350 with turbo 350 transmission. Been a southwest car for the life of the vehicle. All floor pans are solid, trunk pan is solid. Minor rust on a couple wheel wells. The guy said it ran about 10 years ago when he parked it and hasnít moved since. Interior is also pretty solid, but if I get the car, it will be replaced. Guy was asking 5k when I looked at it but called me back and said the title is salvaged from a minor rear end crash in the 90ís. What do you think itís worth?
Your best negotiation tool is this: IT'S NOT AN SS396.

Honest Question: Why do you want to sink all that money into a Malibu? 15K into that car and you have a nice 10K Malibu. 15K into a real, factory Z25 SS396 and you have a 15K (at least) SS396. There are real SS396 cars out there waiting to be loved and a real SS396 will love you back.

Just sayin'...

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post #11 of 54 (permalink) Old Jan 10th, 20, 2:32 AM
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Re: 1969 malibu

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Originally Posted by NickeyChevelle View Post
Your best negotiation tool is this: IT'S NOT AN SS396.

Honest Question: Why do you want to sink all that money into a Malibu? 15K into that car and you have a nice 10K Malibu. 15K into a real, factory Z25 SS396 and you have a 15K (at least) SS396. There are real SS396 cars out there waiting to be loved and a real SS396 will love you back.

Just sayin'...

Not trying to be a dick, but this reply feels like it was typed 20 years ago. A nice $10K Malibu? Really? Tell me where I can score a nice southwest running/driving '69 that doesn't need a ton of metal work for $10K...after someone just threw $15 grand into it. I'll throw you a nice finders fee!

Unless his dream car is a '69 SS, he's better off restoring/restomodding a plain jane Malibu. He can build it however he likes & not have to worry about numbers or originality unless he chooses to.

Plus the fact that if I was the seller & you tried to lowball me because the car wasn't an SS, I'd laugh in your face & ask you to leave
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post #12 of 54 (permalink) Old Jan 10th, 20, 6:34 AM
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Re: 1969 malibu

Since a '69 SS396 is an option package and not shown in the VIN, you could (properly) restore it as an SS396 tribute and no one would know the difference. Make it an accurate copy though with a big block and all the proper trim, etc.. Or make it a restomod if that's your thing. There aren't that many numbers matching '69 SS396's or with documentation (or 72 and 76 paint codes on trim tag) available now anyway and those that are, usually have high prices on them. IMO a '69 SS396 tribute is a good way to go to enhance visual appeal and value, not to mention the pride and fun factor.
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post #13 of 54 (permalink) Old Jan 10th, 20, 7:58 AM
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Re: 1969 malibu

Quote:
Originally Posted by Jskinn27 View Post
Not sure what this means? Not sure if it was a typo or some jargon I donít understand haha.
yep, stubby fingers typing on a phone.
I meant if insurance is going to be a issue, take and info from the insurance company along with you to negotiate.

just bring cash and a trailer, a seller might see that your serious and be tempted at a lower cash offer. I did have a guy do that with my last el camino, but I had a bottom price of 4000, he offered 3500 and would load it right now. I said sorry, at 3500 you'll have to take home a empty trailer (140 mile round trip) he left, called back a day later and came back and bought it.
Good luck on the purchase, jim

Jim

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post #14 of 54 (permalink) Old Jan 10th, 20, 8:41 AM
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Re: 1969 malibu

Quote:
Originally Posted by Jskinn27 View Post
Thank you! I know this stuff can get pricey. My dad and I are planning on restoring it. Heís got 30 years of mechanic background (owned his own business forever too). Anywho, we plan on doing most of the work. Plus Iím also wanting to buy a car in hopes it lights a fire under my dad so he can start restoring his Ď69 z11 camaro pace car all numbers matching.
If your Dad knows the value of a fully restored z11 Camaro pace car, that should be more than enough to light a fire under him.

I've spent most of my money on women and guns.The rest I just wasted...
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post #15 of 54 (permalink) Old Jan 10th, 20, 8:52 AM
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Re: 1969 malibu

Well here is my 2 cents. The number one concern when purchasing a 50 year old car is the condition of the body/frame/etc. components in regards to rust & corrosion. The less amount of rust the better. Of course if mechanicals are in good shape that is also better but the mechanical condition is of much lesser importance. Even if the mechanicals were in good shape chances are many of them would most likely be changed during a restoration. I agree that it matters little that it is not an SS. If it were a real SS and in this condition the asking.price would be significantly more. You can use the salvage title to negotiate a better price but in the case of this car I think it matters little.
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