OT (sorta) '73 S in LA, $45k?
#5
Rennlist Member
Ummmm.........sold my '73S in '01 for $15K. Which was great money at the time. Current owner hasn't really done anything to it, and it's just a driver quality car with no issues; he turned down mid-'40's last summer.
#6
Burning Brakes
sold my '73.5 T for $35k last year. Of note, the car was 100% unmolested, original, unrestored, with a/c, sunroof and S option package. Man I miss that car. I've tried to buy it back twice!!
I just saw a fully restored '73 S go for $100k at Paul Russell. www.paulrussell.com (no affiliation except that's where I originally bought my T).
I just saw a fully restored '73 S go for $100k at Paul Russell. www.paulrussell.com (no affiliation except that's where I originally bought my T).
#7
Weathergirl
Rennlist Member
Rennlist Member
$45k for a decent S is a bargain! Of course, if it was a decent S, it wouldn't be on Craigslist. Probably a badly flawed car and the seller is trying to sell it to an unknowledgable buyer who only knows that longhoods are worth a fortune and appreciating fast, but doesn't know where to find all the hidden structural rust.
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#8
Drifting
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Of course, if it was a decent S, it wouldn't be on Craigslist. Probably a badly flawed car and the seller is trying to sell it to an unknowledgable buyer who only knows that longhoods are worth a fortune and appreciating fast, but doesn't know where to find all the hidden structural rust.
#9
Race Car
when did the soft window targa stop getting build? could a 73 be a soft window? they seem very desirable...
fwiw, I have a 71 T (modded for track)...early car prices have gone way up, even for T's
the early cars were very rust prone under the gas tank... and other areas..
fwiw, I have a 71 T (modded for track)...early car prices have gone way up, even for T's
the early cars were very rust prone under the gas tank... and other areas..
#10
Rennlist Member
when did the soft window targa stop getting build? could a 73 be a soft window? they seem very desirable...
fwiw, I have a 71 T (modded for track)...early car prices have gone way up, even for T's
the early cars were very rust prone under the gas tank... and other areas..
fwiw, I have a 71 T (modded for track)...early car prices have gone way up, even for T's
the early cars were very rust prone under the gas tank... and other areas..
Based on the fact that it has unknown rust issues, high mileage a repaint and who knows what else I would price it at low to mid $20's tops depending on PPI and records. Maybe a little more for a coupe. At that price it would make a good candidate for a full bare metal restoration.
#12
Without knowing general condition it's impossible to know. If you wanted a very nicely restored driver quality '73S with matching numbers in stock condition it would likely cost you $75K plus. So if this car has a straight tub, normal rust, and everything is there, $45K is not completely out of line. Figure $30-35K to restore and you are at "market value". Not a deal for someone looking to make money but for someone with the money and the desire for one of these cars who CAN'T FIND ONE, not so bad.
Of course, it's all hypothetical at this point. Maybe we'll see it pop up on Pelican as a "barn find" after someone picks it up, details it and dumps a couple thousand into it before trying to resell it for $65K.
Of course, it's all hypothetical at this point. Maybe we'll see it pop up on Pelican as a "barn find" after someone picks it up, details it and dumps a couple thousand into it before trying to resell it for $65K.
#13
Rennlist Member
It's not like $45K or whatever is really $45K to the likely buyer. All of these cars are going out of the country, anyway, with the stellar value of the US$...........
#14
Rennlist Member
Without knowing general condition it's impossible to know. If you wanted a very nicely restored driver quality '73S with matching numbers in stock condition it would likely cost you $75K plus. So if this car has a straight tub, normal rust, and everything is there, $45K is not completely out of line. Figure $30-35K to restore and you are at "market value". Not a deal for someone looking to make money but for someone with the money and the desire for one of these cars who CAN'T FIND ONE, not so bad.
There is a steep curve in pricing for cars in this condition and only the truly pristine cars or all original 8 out of 10 condition seem to be going for big $$$. Cars needing a full restoration are much less than you think.
#15
Weathergirl
Rennlist Member
Rennlist Member
Cars needing a full restoration are much less than you think.
It would be great if you could take the value of a perfect, fully restored car, compare it to a car for sale, make price deductions based on the differences and buy the car for that amount. Most sellers of these cars just hope for a sucker. See the recent thread about the "1000% rust free" longhood.