[GotGrunt]

Hey guys,

I know this is a Chevelle forum but I don't belong to any GTO forums and want some quick input as to what a car might be worth.

1970 GTO hardtop, original 400/TH400 car, 242 VIN. It is Canadian built so not only can you get the paperwork from PHS but you could also get it from GM of Canada. The car should have come with a 10-bolt but currently has a 4.10 12-bolt which he says came out of another GTO (Chevy 12-bolt, not the Olds version). He's unsure if the tranny is original but it is a TH400. The car currently has a NOM 400 in it but it doesn't come with the car. Solid trunk/floors/frame and I believe it has the original quarters/spatter paint in the trunk. Disc brakes/F41 suspension still present. The current owner bought the car in 1979 and it has been local since new.

Atoll blue paint, black vinyl top (which has since been removed) and blue bucket seat interior. The car used to have sidepipes on it so it has a few holes drilled into the rockers which will need to be fixed but can be covered up by the rocker panel molding. The sidepipes were the reason the car has the incorrect rear valence without the cutouts. Has refurbished 15" rally II wheels on it with good rubber. The main issue aside from not having an engine is that it is mostly apart as it was disassembled for paint and never put back together. The owner claims he has every single piece in storage. The paint looks nice but is not a quality job. There is overspray in the wheel wells, on the frame, etc. and the window felts have been painted over. It also has some dings that were not fixed prior to paint.

It has some pretty cool options such as power windows, AC, buckets/console, rear window defrost, power drivers seat, etc.

I know the interior pic isn't that great but it has a new carpet but the rest is original. The headliner is in good shape as well as the passenger/rear seat but the drivers seat has some tearing and the sail panels/rear shelf needs to be reupholstered. The dash pad is also cracked and needs to be replaced.

What's it worth... car with all the parts except the engine?

 

[NickeyChevelle]

Seriously, the price difference between a '70 SS396/SS454 Chevelle and a 1970 GTO is HUGE. The Goats are not as popular and therefore not as expensive. It's a nice looking Goat that IF IT WERE A CHEVELLE it would be worth more. My point is: Ask GTO guys and you'll get a much lower estimate of price then if you ask Chevelle guys.

Go here and sign up: http://www.gtoforum.com/ then ask the GTO crowd what it's worth.

 

[GotGrunt]

Seriously, the price difference between a '70 SS396/SS454 Chevelle and a 1970 GTO is HUGE. The Goats are not as popular and therefore not as expensive. It's a nice looking Goat that IF IT WERE A CHEVELLE it would be worth more. My point is: Ask GTO guys and you'll get a much lower estimate of price then if you ask Chevelle guys.

Go here and sign up: http://www.gtoforum.com/ then ask the GTO crowd what it's worth.

I just registered on there... thanks for the heads up!

 

[Rich-L79]

That console certainly isn't original. It looks like a hodge-podge car. Why isn't the engine included in the sale? All the non-original drivetrain parts is a deal breaker for me, but that's just me, I like original parts.

 

[GotGrunt]

That console certainly isn't original. It looks like a hodge-podge car. Why isn't the engine included in the sale? All the non-original drivetrain parts is a deal breaker for me, but that's just me, I like original parts.

I know he said he has the original console/shifter too. He has a sentimental attachment to that engine for some reason and won't sell it with the car for any price.

 

[blm]

What is that between the front seats? A box to keep Pigeons in?
Unless he is offering it for a deal, say $8K or so I'd pass.

 

[70RAIII]

6k if he has all the trim and its in good shape. If it was running and driving....10-12k

 

[70RAIII]

BTW - The SUV tires gotta go!

 

[Bunz-T]

Gary you have been here long enough to know how important the asking price is. I just really do not get it when someone posts wanting people to guess in the dark. There is not one person on this site that would enter into a car deal pricing someone's car. If you had included that in the opening post you would have twice the comments +/- on the money.

 

[mr 4 speed]

$4-5k

 

[YankeeRodder]

8k

 

[GotGrunt]

Gary you have been here long enough to know how important the asking price is. I just really do not get it when someone posts wanting people to guess in the dark. There is not one person on this site that would enter into a car deal pricing someone's car. If you had included that in the opening post you would have twice the comments +/- on the money.

Hey John, I didn't make this thread in order to see if I'm getting a good deal. As the name of this section of the forum says... "what's it worth?"

Anyways, the guy is asking $7,500... very slightly negotiable.

 

[Steve R]

A high option 70 GTO in a populated area in decent condition for approximately $7 is a no brainer. Not a steal, but fair. Take out the 12 bolt, stick in a stock 400 or 455 and a generic 10 bolt BOP rear end and drive it. It will make a cool cruiser that will be easy to sell when the time comes.

Steve R

 

[Bunz-T]

Hey John, I didn't make this thread in order to see if I'm getting a good deal. As the name of this section of the forum says... "what's it worth?"

Anyways, the guy is asking $7,500... very slightly negotiable.

Now you have $5K from Chris and a couple of $8K's............$6500 average. Looks like a reasonable place to land. With that much more, or a total investment of $13K you have a car that falls into an area a lot of guys can afford. Good Luck.

 

[blm]

Gary you have been here long enough to know how important the asking price is. I just really do not get it when someone posts wanting people to guess in the dark. There is not one person on this site that would enter into a car deal pricing someone's car. If you had included that in the opening post you would have twice the comments +/- on the money.

John: I couldn't agree with you more. It is like the asking price is some kind of highly guarded secret or something.

Gary: Yes the name of this particular forum is "Whats it worth". I would hope people take that as " Here is a blah/blah/blah and the seller wants blah/blah for it. Is it worth it?" The forum is not named "Guess what it is worth"


So what is the intention with the car? A flip or a keep and drive? If $13K is a reasonable figure for the completed car, as John suggests, doesn't seem like it would be worth the effort. You have to acquire an engine, assemble the entire car and work out potential bugs. Not to mention acquire any missing parts (although seller claims there is none). However a fix and keep it might be a fun car that was obtained at a reasonable price!!!!

 

[GotGrunt]

John: I couldn't agree with you more. It is like the asking price is some kind of highly guarded secret or something.

Gary: Yes the name of this particular forum is "Whats it worth". I would hope people take that as " Here is a blah/blah/blah and the seller wants blah/blah for it. Is it worth it?" The forum is not named "Guess what it is worth"

So let's say this was my personal car and I was thinking of selling it... I come into the "what's it worth?" forum asking "hey guys, I'm thinking of selling my car, what's it worth? Is there really a difference between that scenario and mine? Sorry, but I don't see one. If someone posted up a car with pics/details, I would have no problem giving an acceptable figure I would feel it is worth and that they should pay for it OR sell it for, no asking price needed.

So what is the intention with the car? A flip or a keep and drive? If $13K is a reasonable figure for the completed car, as John suggests, doesn't seem like it would be worth the effort. You have to acquire an engine, assemble the entire car and work out potential bugs. Not to mention acquire any missing parts (although seller claims there is none). However a fix and keep it might be a fun car that was obtained at a reasonable price!!!!

This would be a summer project for me. I get bored easy and since my 70 SS is done I have nothing to really tinker with. I do agree that it needs to be bought right in order to offset the time/effort to get it done as it would probably be for sale once completed.

 

[Bunz-T]

So let's say this was my personal car and I was thinking of selling it... I come into the "what's it worth?" forum asking "hey guys, I'm thinking of selling my car, what's it worth? Is there really a difference between that scenario and mine? Sorry, but I don't see one. If someone posted up a car with pics/details, I would have no problem giving an acceptable figure I would feel it is worth and that they should pay for it OR sell it for, no asking price needed.

This is where you and I differ in philosophy. Pictures and descriptions can be tailored to fit any situation. Nothing gives a target you can hone in on more clearly than the asking price. This car is a good example. If your initial post had said $5K or $10K the car qualifies up or down a lot easier. I get a lot of PM's asking my thoughts and I am not going to give anyone a suggestion I could not live with myself. The problem with "you" asking what your car is worth is you are right there looking at it. The rest of us are a world away. But then again it does not bother some as there is no penalty for giving an unrealistic figure that influences someone to buy and he gets hosed.

 

[GotGrunt]

This is where you and I differ in philosophy. Pictures and descriptions can be tailored to fit any situation. Nothing gives a target you can hone in on more clearly than the asking price. This car is a good example. If your initial post had said $5K or $10K the car qualifies up or down a lot easier. I get a lot of PM's asking my thoughts and I am not going to give anyone a suggestion I could not live with myself.

We can agree to disagree. I think anyone who is asking for a value of a car over the computer will need to do his/her due diligence and not blindly buy a car from random values given over the internet. It is no different than looking up the KBB value of a newer car and working from that.

The problem with "you" asking what your car is worth is you are right there looking at it. The rest of us are a world away. But then again it does not bother some as there is no penalty for giving an unrealistic figure that influences someone to buy and he gets hosed.

I still don't see a difference between the scenarios. I went to go see the car and I took those pics myself. I was "right there looking at it" for an hour. The rest of you would be a "world away" whether this was my car or a strangers car. I think my description was accurate but it doesn't matter anyways because it's not like I'm asking you to BUY IT after you place a value on it.

 

[blm]

So let's say this was my personal car and I was thinking of selling it... I come into the "what's it worth?" forum asking "hey guys, I'm thinking of selling my car, what's it worth? Is there really a difference between that scenario and mine?

Gary: Yes there is a difference in that scenario. In your example you are seeking an unknown price. In the example of the GTO there is already an asking price given by the seller. That known price is withheld for some reason.
Also in the "I'm thinking of selling my car" scenario I would hope that no potential seller comes here blind. By that I mean if it were my car I would do my own research and see what similar vehicles are selling for or at least what the asking price is for those comparables. If one comes in here blind and takes the potentially relatively small information they receive here as gospel then they are not doing themselves a complete evaluation.
It seems that it is very common for buyers to come to this forum and withold the asking price. I just don't understand the reasoning for that. It seems as though revealing it would promote more involvement as John has suggested.
Also I think it would make a good project. Fix it,drive it,enjoy it,couple years sell it, repeat as necessary.

 

[GotGrunt]

Gary: Yes there is a difference in that scenario. In your example you are seeking an unknown price. In the example of the GTO there is already an asking price given by the seller. That known price is withheld for some reason.
Also in the "I'm thinking of selling my car" scenario I would hope that no potential seller comes here blind. By that I mean if it were my car I would do my own research and see what similar vehicles are selling for or at least what the asking price is for those comparables. If one comes in here blind and takes the potentially relatively small information they receive here as gospel then they are not doing themselves a complete evaluation.
It seems that it is very common for buyers to come to this forum and withold the asking price. I just don't understand the reasoning for that. It seems as though revealing it would promote more involvement as John has suggested.

Listen, if it was a complete car it would be a different story. This is a project and it would be very hard to find another one like it on the computer to compare prices with. The lack of engine, "assembly required" status, as well as not being a Chevelle made me ask for opinions. I'll be the first to admit that I was shocked how low 70 GTO's are being valued at in this condition, got me by surprise. I see where you are coming from though but it really shouldn't matter. It's funny because no one on the GTO forum gave a crap about the lack of an asking price. They just shot out values based on the pics/info given.