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Need Some Advice on Selling my Project

Started by 70_440-6Cuda, September 10, 2024, 02:28:51 PM

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headejm

#1 rule: Your car/project is worth what someone will pay for it.

Valuing a project is always a fun exercise. Start with what the car would sell for once complete and close to original as possible. Your car is very desirable! Next, how much $ required to get it back to original? Paint and bodywork is $20 to $40k alone.

The main items holding your car back from max value is the non original engine and the missing fender tag. Those two things are pretty important to a highly desirable car like yours. Your car, if original, is a $100 to $150k car? With a non matching engine and missing fender tag, closer to $100k.

My estimate is at least $50 to get it back to original. So, your project would be worth $40k to $50k max. That would include the Dana rearend and other items called out on the BS. Extra parts could be sold separately.  :alan2cents:

DeathProofCuda

#16
If you are considering sitting on it, why not just slap it back together enough to be drivable?  Even if that means putting the fiberglass front end back on.

Get it out on the road, enjoy thrashing it a bit, and maybe it will sell itself.  :burnout:

Xghobo

I would put it together running on the road and stash it for a while. I think if it's running and driving your smile comming home will buy the car another year and then re evaluate. As far as $ goes it will probably be worth more in parts but that will take a lot of time away from your family obligations. Another issue is good parts are getting harder to find so if you sell everything it will be much harder to gather parts for another project down the road. I hate getting rid of a car if I don't replace it. Good luck


70_440-6Cuda

Quote from: DeathProofCuda on September 14, 2024, 01:28:52 PMIf you are considering sitting on it, why not just slap it back together enough to be drivable?  Even if that means putting the fiberglass front end back on.

Get it out on the road, enjoy thrashing it a bit, and maybe it will sell itself.  :burnout:

Fiberglass front is gone already - it is really about having the money to help my folks for long term care.  I think I am going to have the front sheet metal (hood, fenders, valence, header panel) soda blasted, get the metal work don on the fenders and get it put together.  From there I will see what it may be worth.  Just need to find the time, and a few bucks to get it done.

I do appreciate all the input, especially from people who have restoration experience.  I have a little time so going to try to really put in the effort to get the car back together.
You can't buy happiness, but you can buy horsepower and that's kind of the same thing.....

torredcuda

Quote from: headejm on September 14, 2024, 08:56:23 AM#1 rule: Your car/project is worth what someone will pay for it.

I disagree with this - sure it takes one seller and one buyer to agree on a price and make a deal but that doesn`t mean it was actual market value, some buyers pay too much, others get a bargain, some sellers ask too much, some sell too cheap. Value to me is an average of what similar items are selling for at the time, it is how real estate, vehicles and anything of value is appraised whether for insurance, selling etc.
Jeff   `72 Barracuda 340/4spd
https://www.facebook.com/jeffrey.hunt.750

Northeast Mighty Mopar Club
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70_440-6Cuda

Hey all, after reading through the opinions here and some of the other threads about various projects / issues I had a change of plan - I am going to hold off on selling for now, until I have a little more clarity on what my parents' needs will be.  Plus, I think I can put the car in a much better state if I do intend to sell it at some point.  So now I have a whole new set of questions of course.  I have so many parts I think I could make a really nice driver, except for paint, without much effort.  I have everything for a complete interior restoration except headliner and wire harnesses.  I also have almost everything for suspension rebuild.  I could use some advice on what I am thinking and what others have experienced during their restorations.  Keep in mind, I am not building a high dollar show car.  I always thought if I could build the car correctly with the right OEM parts it would add the most value and be the most enjoyable for me -  even with an average paint job and not every exact nut, bolt and grease pen mark.  Just a well built, solid, original car.  With that in mind, I am thinking of pulling the engine, trans and suspension, putting on my rotisserie, and doing the following:

  • Replace trunk floor with AMD replacement (I already have it)
  • Freshen up undercoating (car is factory undercoated)
  • Paint engine compartment
  • Rebuild Hemi leaf springs and Dana 60 (I already have both), and install
  • Restore and install new front suspension (I have restored lower control arms already)
  • Install rebuilt calipers / new rotors(I already have) and all new brake lines
  • Install new interior (I have everything - dash pad, seat foam and covers, carpet etc)


I guess my big question is if the undercarriage, suspension and interior were complete, does that create any issues for painting the car later?  I figure if I can get everything I already have on the car, and save the expense of the body and paint for the end, I could get it to that point without a lot of expense, just some good old fashioned hard work.  Any thoughts?  Anyone done something similar, or painted their car without taking the whole thing apart?  Although it may not make sense - if I am going to have the car apart that far, I know that would be the time to paint it.  Thoughts and opinions welcome!
You can't buy happiness, but you can buy horsepower and that's kind of the same thing.....

6bblgt

if selling the car is still a consideration/possibility - do not take it any further apart & put it on a rotisserie, if you need to sell it before it gets completed you will take a beating selling a basket case (you purchased a running/driving car, consider where you are at now)  nothing moves quickly in the restoration world

little projects to better the car that can be completed over a weekend, OK - but long term disabling of the car doesn't sound like a good idea   :alan2cents:


70_440-6Cuda

@6bblgt I hear you for sure but I would not be in a position to "have" to sell. 

I am thinking if I push hard it should not be that long to get it together - pull the rear suspension / rear end and sell it all off if I can, pull the gas tank and swap the trunk floor.  Pull the front suspension off, undercoat and reassemble.

Maybe I am over ambitious, but I think I could get that done by the end of the year.  At that point its a solid roller.  Then I could work on the interior and decide what to do from there.  Again, not getting carried away with 100% concourse here, just rebuild / reassemble.

I have a friend that will help with welding up the trunk floor.  I have removed / restored / reinstalled many a front / rear suspension so know what I am getting into there.  Throwing it on the rotisserie just makes it easier to work on and I already have it.

Plus I want to get the Dana and springs out of my garage - I would rather store them on the car!
You can't buy happiness, but you can buy horsepower and that's kind of the same thing.....

mtull

Quote from: 70_440-6Cuda on September 23, 2024, 11:43:49 AMI am thinking if I push hard it should not be that long to get it together
There's some that are slow, some that are old and then there's me ... hopefully your much faster than I am.  :rofl:

70_440-6Cuda

very true!

Assuming time is not the issue, any flaw in the approach?  Plan is to pull engine and trans, front suspension and complete rear end springs and all.  Drop the gas tank, swap the trunk floor, clean / undercoat the underside and reassemble.  I would have a solid roller at that point, not concourse, but new and pretty correct.

From there, interior refresh would be easy enough, although dash swap would be a chore.

If I wanted to sell at that point it would be a great start for someone else - IF the not being painted part is not an issue.  I dont want to have to disassemble everything to get it painted if I ever get that far!

You can't buy happiness, but you can buy horsepower and that's kind of the same thing.....

mtull

Quote from: 70_440-6Cuda on September 23, 2024, 12:19:43 PMAssuming time is not the issue, any flaw in the approach
If your a perfectionist just be careful to keep yourself in check.  Please consider: if it took a day to disassemble the front clip then will it take a week to reassemble, align the gaps, install the grill, etc.?  Were all routing for you!

BTY, I'm probably the last person who should be giving advice on weather you should go down this path as I have a history of underestimating time.


70_440-6Cuda

@mtull  - right there with ya!  My wife never "understands" why every project takes 27 times as long as I said it would!

But honestly, I am not in perfectionist mode, just want to do it right as a driver, with the right parts so down the road, if someone ever wanted to do a concourse resto, everything is there.

Not planning on doing any body or metal work other than the trunk floor, and have the door hinges rebuilt.  That is sort of what my question centers around... if I get the car undercoated, suspension / rear end rebuilt and interior done, does it create any issues in finishing the car from a paint perspective?  Does it make it harder, or am I missing any important steps along the way?  I just don't want to create a do over situation.  Plus, I have most of what I need already so investment should be pretty reasonable to make a lot of progress.
You can't buy happiness, but you can buy horsepower and that's kind of the same thing.....

cuda hunter

If you tear it apart, you should paint it then.

Sounds like you have all the parts and the know how for all the assembly. 
Since you have everything I think it would be a shame to pull it 3/4 apart and not paint it.
"All riches begin as a state of mind and you have complete control of your mind"  -- B. Lee

DeathProofCuda

I may be mistaken, but I thought that major metal replacement, like putting in a new trunk floor, was not recommended while car is on a rotisserie, due to flexing of the body.

70_440-6Cuda

@cuda hunter I agree, but I dont have the extra $20K-$30K right now for paint and body - that is my dilemma! :pullinghair:

@DeathProofCuda good point on the trunk replacement - will try to do that first, should be easy enough to remove with the car on the ground.

My thought is once I get the trunk floor installed, it is really just disassemble the suspension, touch up the undercoating where needed and reassemble.  Would have all new rear end, suspension and brakes - a great start for a driver.  Throw the front clip on and it is a complete driver, then work on the interior over time. 

I do not seem to be very convincing though, and this only works if as someone already stated I can keep from gong down the rabbit hole of perfection.
You can't buy happiness, but you can buy horsepower and that's kind of the same thing.....