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Value Of '71T

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Old 02-09-2018, 04:19 PM
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DanielJ
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Default Value Of '71T

The good:

Single family owned since new, 5-Speed, 5 Fuchs, Tinted glass all around, Receipts from new. Lots of service work over the years, rebuilt engine some 60K (or more) miles ago along with the trans receiving new 1st & 2nd and syncros. Lots of timing chain issues over the years and another poster suggested it was retrofitted with Carrera timing covers (Tensioner up-grade kit L & R in 1993). Guess that is good. BTW, carbs changed out to Webers in 1998.

The bad:

Squirrel family living in the bonnet for quite some time and not able to determine if wiring is toast, battery boxes show corrosion and can't see around the gas tank structure due to all the bedding and, ah, poop....seeds, etc.

Known front/rear damage, repaint in the 80's after the rear ender, receipts showing rust mitigation there after. Interior is pretty tired with seats no longer supporting any weight, holes in seat cushion (driver) carpet worn to the metal (drivers side) rear looks ok, dash looks ok. Door cards OK with pockets a bit on the loose side. Radio is not OE.

Driven regularly till about 2003, then just sparingly. 2013 received a tune, fuel system flush, brakes, new MC, oil-filter, then put into a garage with a really wet floor, turned off the lights and was pretty much forgotten.

E-brakes frozen, guess clutch is stuck to PP and flywheel, uncertain of condition of the calipers/rotors.

Original owner has passed away, widow has asked for help in valuation.










Typical garage rash with scratches, dents, broken decals, new tires in 2013 with stickers on them. Car has lived in a lot of different states with a few years in the NE.

Thanks for your opinion and help.

DJ.

Last edited by DanielJ; 02-09-2018 at 04:37 PM.
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Old 02-09-2018, 05:31 PM
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Steve Weiner-Rennsport Systems
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Daniel,

You need to have it appraised on-site to determine if there is any structural rust as well as assess the rest of the car. Thats the only way to determine fair market value for the widow.
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Old 02-09-2018, 06:12 PM
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Without even seeing the car in person you could sell it for 50K no problems. More if there is less damage than we think.
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Old 02-09-2018, 10:22 PM
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Agree with Steve. 50k seems pretty ambitious as is.
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Old 02-10-2018, 07:05 AM
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DanielJ
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The good:

Single family owned since new, 5-Speed, 5 Fuchs, Tinted glass all around, Receipts from new. Lots of service work over the years, rebuilt engine some 60K (or more) miles ago along with the trans receiving new 1st & 2nd and syncros. Lots of timing chain issues over the years and another poster suggested it was retrofitted with Carrera timing covers (Tensioner up-grade kit L & R in 1993). Guess that is good. BTW, carbs changed out to Webers in 1998.

The bad:

Squirrel family living in the bonnet for quite some time and not able to determine if wiring is toast, battery boxes show corrosion and can't see around the gas tank structure due to all the bedding and, ah, poop....seeds, etc.

Known front/rear damage, repaint in the 80's after the rear ender, receipts showing rust mitigation there after. Interior is pretty tired with seats no longer supporting any weight, holes in seat cushion (driver) carpet worn to the metal (drivers side) rear looks ok, dash looks ok. Door cards OK with pockets a bit on the loose side. Radio is not OE.

Driven regularly till about 2003, then just sparingly. 2013 received a tune, fuel system flush, brakes, new MC, oil-filter, then put into a garage with a really wet floor, turned off the lights and was pretty much forgotten.

E-brakes frozen, guess clutch is stuck to PP and flywheel, uncertain of condition of the calipers/rotors.

Original owner has passed away, widow has asked for help in valuation.










Typical garage rash with scratches, dents, broken decals, new tires in 2013 with stickers on them. Car has lived in a lot of different states with a few years in the NE.

Thanks for your opinion and help.

DJ.
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Old 02-10-2018, 07:15 AM
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Thanks gentlemen.

Appreciate your time and knowledge.

DJ
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Old 02-11-2018, 12:44 AM
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Some strong positives, several strong negatives, and plenty of unknowns, some potentially major. This car could be a money-pit. $50K seems far off the mark.
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Old 02-11-2018, 05:15 AM
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Catch the decal on the rear window. The owner was a SR 71 driver ..... which of course has nothing to do with the condition of the vehicle but cool
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Old 02-11-2018, 11:55 AM
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Originally Posted by raspritz View Post
Some strong positives, several strong negatives, and plenty of unknowns, some potentially major. This car could be a money-pit. $50K seems far off the mark.
Yeah, I'm far from a longhood expert but I'm pretty sure you see honest decent Ts for not a lot more than that.
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Old 02-11-2018, 12:53 PM
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complete rusty projects are approx 25k. Drivers are approx 50-60k and excellent original or restored cars are approx 100k plus or minus..

This car is basically a project.
You would be into a restoration once you started working on it.

Given the accident history, soft market and current condition i would say 25k low, 35k high.
Be prepaid to spend. A shop can spend a month doing disassembly and media blasting.
Metal shop can spend 3 months on body. Painter will take a month and final assembly will be another month.
Basically, 6 months if somebody was on it everyday. 40 hours a week. Shop rate. $$
All the items that need rebuild or replacment add up quickly.

It is a car worth saving and would be nice when completed.
You just need a proper budget to restore this car. You would want $100k in your jeans.
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Old 02-11-2018, 04:04 PM
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the car is in W. Wash. so that will help sales

she may be able to find someone who wants a good driver, even w/o 100k in their jeans (or bike shorts)
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Old 02-11-2018, 06:07 PM
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Originally Posted by tcsracing1 View Post
complete rusty projects are approx 25k. Drivers are approx 50-60k and excellent original or restored cars are approx 100k plus or minus..

This car is basically a project.
You would be into a restoration once you started working on it.

Given the accident history, soft market and current condition i would say 25k low, 35k high.
Be prepaid to spend. A shop can spend a month doing disassembly and media blasting.
Metal shop can spend 3 months on body. Painter will take a month and final assembly will be another month.
Basically, 6 months if somebody was on it everyday. 40 hours a week. Shop rate. $$
All the items that need rebuild or replacment add up quickly.

It is a car worth saving and would be nice when completed.
You just need a proper budget to restore this car. You would want $100k in your jeans.
Very accurate!
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Old 02-11-2018, 08:16 PM
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DanielJ
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Originally Posted by raspritz View Post
Some strong positives, several strong negatives, and plenty of unknowns, some potentially major. This car could be a money-pit. $50K seems far off the mark.
Agree.

Thanks for adding to the thread.

DJ
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Old 02-11-2018, 08:21 PM
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Originally Posted by f4 plt View Post
Catch the decal on the rear window. The owner was a SR 71 driver ..... which of course has nothing to do with the condition of the vehicle but cool
Wish there was an introduction while he was alive. Certainly he would have been very interesting and clearly would have some wonderful stories. He was RSO, which is believed to be "Reconnaissance System Operator."

And, based on some of the repair receipts, there may have been attempts to get the "T" to MACH.5....

Thanks for posting.

DJ

Last edited by DanielJ; 02-20-2018 at 08:45 PM.
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Old 02-11-2018, 08:23 PM
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Originally Posted by rick brooklyn View Post
Yeah, I'm far from a longhood expert but I'm pretty sure you see honest decent Ts for not a lot more than that.

Yes. If this is in fact the case, this car could get upside down in a hurry.

Thanks.

DJ
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