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I too had some ethical dilemmas but suspected it was in rough shape. I figured once I saw it if it was phenomenal barn find I would give him some more cash.
To answer a previous question. Yes, seller pulled out of his commitment with me when his wife and daughters saw a bidding war start via email that night and the next morning. He wouldn't pick a firm number and I just wasn't going to get involved with blind bidding.
Later in the day when he told me about the mileage I was really bummed, but not so much now after reading ThetaTau87's report.
Theta, thanks so much for sharing that great, thorough, and fair evaluation.
I probably contributed to his over inflated valuation because I realized how little he knew about the car and I suggested he should slow down and spend a little money with a mechanic to consider getting it running and obtaining a better evaluation which might yield him relatively big money. I have two in college and I know what kind of money that can be.
No, I wouldn't think anyone that knows these cars would want to pay upwards of $10K + , but you never know.
I too had some ethical dilemmas but suspected it was in rough shape. I figured once I saw it if it was phenomenal barn find I would give him some more cash.
To answer a previous question. Yes, seller pulled out of his commitment with me when his wife and daughters saw a bidding war start via email that night and the next morning. He wouldn't pick a firm number and I just wasn't going to get involved with blind bidding.
Later in the day when he told me about the mileage I was really bummed, but not so much now after reading ThetaTau87's report.
Theta, thanks so much for sharing that great, thorough, and fair evaluation.
I probably contributed to his over inflated valuation because I realized how little he knew about the car and I suggested he should slow down and spend a little money with a mechanic to consider getting it running and obtaining a better evaluation which might yield him relatively big money. I have two in college and I know what kind of money that can be.
No, I wouldn't think anyone that knows these cars would want to pay upwards of $10K + , but you never know.
The seller should not touch this car or make any attempt to get it running. He would undoubtedly do more harm than good. It needs a very knowledgeable mechanic to do the timing belt, fuel lines and plug wires at a minimum before I would feel comfortable even trying to start it. Even in capable hands this car will take a lot of money to get to a point where it will run without being a fire hazard. Driveable condition would take even more as it needs tires, brake pads/rotors and rubber brake hoses.
Remember the vandalized GTS sitting in the barn in South Dakota ... what's it really worth? Who knows?
I'm dying to know if the "interested buyer who told him that he'll give at least $10k for it as it sits and will outbid any other offer" actually goes through with it, or sees the car and walks away.
Remember the vandalized GTS sitting in the barn in South Dakota ... what's it really worth? Who knows?
I'm dying to know if the "interested buyer who told him that he'll give at least $10k for it as it sits and will outbid any other offer" actually goes through with it, or sees the car and walks away.
Maybe it really was only worth $2,000?
I really love this thread and sub thread on the 91. I too was conversing with the seller at one point. Everyone's opinion here has merit and really adds to the discussion IMHO.
My educated guess is $4500 to $6500. Yes, you will be upside down to make this right but that is the norm with a car such as this. Love the color combo!!
With the whole pic taken into account, +/- $2-3k means little when there will be at least $20-30k invested into this car in order to make it more than "just nice". It's nothing more than "rounding error" as the prophet Greg Brown would say.
However, always hated sellers accepting an offer, then back out of it without even maybe giving another offer, like Padhammer's case. If he's running it like an auction, then start as an auction on eBay or BaT as some has suggested.
I am sure alot of us here have plenty of play money to bring this car back to pristine condition, but not many would want to once their rational side of the brain comes into play.
So much hub bub over the GT. Even though everyone is salivating, realistically this car has a very small market, the owner would have to do all the work to not get financially killed (and they still might) This is not some simple / analog CIS 928, this is early 90s digital / control unit hell. There's an argument to be made for it to become a parts car, tried to buy a GT-specific part lately?
If the car was free and came with $5000 in the glove box, but the buyer had to pay professionals for all of the work, said buyer should have saved himself money heartache time and divorce lawyers and bought a pristine GT.
"A man's got to know his limitations" -Dirty Harry
^^^That's the problem with people filling the poor seller's head with dreams of rigging it big with this "gem", when he could've easily sold it for double his asking price at $3-5k. It's one thing to be "nice" and "educate" him, but now the poor fellow likely won't be selling this car anytime soon due to his holding out for that $10k cash in hand.
Does anyone here actually think that $10k is waiting for him to collect? Does anyone here think a Rennlister will ever offer something better than $4500?
Too bad...
Still a $2K car to me. GT or not still. Basket case. Now that the seller' head is filled with delusions of grandeur, it will sit and rot for another 6 months
Remember the vandalized GTS sitting in the barn in South Dakota ... what's it really worth? Who knows?
I'm dying to know if the "interested buyer who told him that he'll give at least $10k for it as it sits and will outbid any other offer" actually goes through with it, or sees the car and walks away.
Maybe it really was only worth $2,000?
I wonder if he or a family member came across this forum and this thread somehow. Funny how $10,000 is the exact number I threw out a few days ago...
So much hub bub over the GT. Even though everyone is salivating, realistically this car has a very small market, the owner would have to do all the work to not get financially killed (and they still might) This is not some simple / analog CIS 928, this is early 90s digital / control unit hell. There's an argument to be made for it to become a parts car, tried to buy a GT-specific part lately?
If the car was free and came with $5000 in the glove box, but the buyer had to pay professionals for all of the work, said buyer should have saved himself money heartache time and divorce lawyers and bought a pristine GT.
"A man's got to know his limitations" -Dirty Harry
06-15-2017, 12:20 PM
