I'm still surprised on the comments on car prices. Around here (lower mainland BC), you can't get a car painted for under $15k and that's far from a frame off job. So are you guys figuring the car without the paint job, drive train etc, is not worth a nickle?
If you think it's 10-15k too high, that's what your basically saying. I'm building two cars right now, and doing almost everything myself, and I'm in the industry, and I'll tell you, $25k doesn't go far these days. I know a couple other guys on this site building right now, and I know they are in deeper than me. Are you guys building? or haven't built for many years? Just wondering if we're missing something.
Just sayin....not criticizing.
that's kind of what i was alluding too! You shouldn't be surprised if you have also been tracking selling prices over the past few years, not just build prices. I have built my own car, but it was a long time ago, and i started with a solid vechicle (my car cost about $10k including original purchase price, but i shop well! and it was a looonng time ago! I could have bought a turnkey 67ss396 for $9k at the time). It just makes selling a partial project a money losing proposition, and selling a complete car an even more money losing proposition, the math doesnt add up... but who cares? it's a hobby not a business for most. Some can make a few $$ flipping, but not in restoring... the last thing i worry about is the money i spend on my hobbies over the years!
My comments however are based on real world selling prices for 67 convertibles in the past few years (not on BJ dreams!). There are rough ones at $6k, solid 'rough' at $10k, but then the green fully restored SD clone sold for around $26k at the peak of the market, and was re-listed more recently at around $28k. There are 2 yellow ones that are complete and driveable that can be bought for $18k and the other $22k (bbc)
So would you pay $25k for this one? That number probably represents everything he might have into it at the moment...the market will decide real value, not asking prices or speculation. You can see how much is still left to do... it's 'unfortunate' math... and the downside is that its the body that is done, so you have to put a lot of trust in what that persons work is like... is the work well documented? and what is missing on this car? is there an interior?