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Hot Rods Cars for sale, or are they?

Discussion in 'The Hokey Ass Message Board' started by Vonn Ditch, May 8, 2020.

  1. midnightrider78
    Joined: Oct 24, 2006
    Posts: 1,285

    midnightrider78
    Member

    .
    Good deal! I had been eyeballing that car for a while(I'm only about an hour away) and told my wife several times that it appeared to be a good buy. Unfortunately, I just couldn't bring myself to add another one to the project list.
     
  2. Country Joe
    Joined: Jan 16, 2018
    Posts: 517

    Country Joe
    Member

    I was looking at that car awhile. Great car. Great price. But, I don't have the skill needed to make the car look any better than it sit now. I could get it to go and stop but I don't possess the skill required to bring that beauty back to it's former glory.
     
    Thor1 likes this.
  3. Ulu
    Joined: Feb 26, 2014
    Posts: 1,775

    Ulu
    Member
    from CenCal

    You just assume and assume ‘til your heart’s content. ;)

    But you clearly did not dispute my premise.

    Which means you’re just looking for a fight, and that means that I am leaving.
     
    Thor1 and Hnstray like this.
  4. verde742
    Joined: Aug 11, 2010
    Posts: 6,267

    verde742
    Member


    Its REALLY easy to "come down" to market value, but hard "to go Up "
    what several like models sell for, determines market value. (but must be apples to apples .)
     
    Thor1 likes this.
  5. After reading some of this bitchin and bellyaching I decided to peruse the classified ads to see what the uproar was all about. To my surprise, most of the ads were current and found very few that were more than a year old. As my dad always said; you can ask anything you want, doesn't mean you're going to get it. If you don't like the price, then just move on... I have sold cars on here- priced right and moved quickly. But this was probably 10 or so years ago.
     
  6. arkiehotrods
    Joined: Mar 9, 2006
    Posts: 6,803

    arkiehotrods
    Member

    I just now looked at listings on eBay for 1957 T-Birds. There are 49 listed. Then I looked at sold listings. In the last 90 days, 13 '57 Thunderbirds have sold on eBay. These are the selling prices: $30k, $40k(best offer accepted), $18.3k, $28.7k, $27.5k, $32.5k (best offer accepted), $29.5k, $20.2k, $20.1k, $27.5k, $4.9k, $7.6k
    The lower priced ones were rough projects. Most of the higher priced ones ($35k to over $100k) are listed by dealers who are just trying to make a connection with potential buyers rather than actually sell the car on eBay.
     
    Thor1 likes this.
  7. 1pickup
    Joined: Feb 20, 2011
    Posts: 1,437

    1pickup
    Member

    Well, I may be one of the people being complained about, so I will explain. I build cars to suit me, so my choices are usually different than yours. My '63 wagon has been on here for quite a while. If I had put a 350/350 in it (which I had), instead of a dual carbed 250/pg (which I had to purchase), it would appeal to a bigger audience. If I would have ordered a stock replacement interior, or did it in just black vinyl, instead of black/gold metalflake/leopard, it would appeal to a bigger audience. If it had a slightly lowered (static) stance & Cragar SS wheels instead of bags & '55 Caddy caps... I should have painted it red, instead of leaving the patina... Etc... Those choices please the most buyers, but I wouldn't have wasted my time building something that is what everybody else wants. That car sounds boring to me. It's much cooler to be a little different, even though it doesn't appeal to the "it has to be a red deuce" crowd.
    I don't have to sell it, but I could use the cash for other projects. I have been offered SEVERAL trades. Mostly, straight across (I don't need your headache), but a few cars + cash (I have plenty of projects). I do know that not everybody has thousands of dollars for a toy, so there are a few things I would consider in a trade, to lower the price a little.
    No, I don't flood the internet with for sale ads. I listed it 1 time on FB marketplace. I put it on a wagon-specific FB page, but don't keep up with that much either. I occasionally bump it back up on the classifieds here, because nobody looks past the first 5 pages. Every time I do that, someone new sees it & responds. Sometimes, it's someone who has responded before. A couple have come to look it over & offer quite a bit less, just to resell it. They all said it was an honest description, but they didn't think they could make much money on it. That makes me think my price is pretty close. I don't drive it w/ a for sale sign. I don't park it in a high traffic area with a for sale sign. I have put a small sign on the dash or seat at a couple shows. So, I'm not pushing to sell it. That day may come, but it has been a pretty reliable car, & the only driver I have at the moment.
    Is my price too high? I don't know. Not really according to what I see others listed at. Could you build it for what I am asking? Some of you probably could, several couldn't. Most wouldn't, because they don't have the balls to not paint it red, add the V8, & have a boring black interior. You probably would have my asking price in a crate 350 & an interior kit. When I see basket case, rusted out, broken glass, similar cars for sale @ 1/3 of my asking price that need EVERYTHING, I think I should raise my price.
    If you are perusing the ads, & just complaining about the prices, maybe you are looking to score something for nothing.
     
    MMM1693, Thor1, Country Joe and 2 others like this.
  8. gene-koning
    Joined: Oct 28, 2016
    Posts: 4,041

    gene-koning
    Member

    I'd sure like to know where you guys are finding what the value is of all these cars you are saying are over priced.

    I could list my truck, its a fresh build with about 1,000 miles on it. I'd list it for less then what the parts cost to build it, but most here would think it was probably over priced and not worth my asking price. That must mean there is some way to determine its value before listing, so I don't waste your time, or mine. All I want to know it where that place is. I just can't find many listings for a 39-47 Dodge pickup hot rod.

    I did list it on Facebook, and got an offer for less then 1/2 my asking price. I'd probably make more money then that taking it apart and selling parts, but I will just drive it instead. Gene
     
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  9. Ulu
    Joined: Feb 26, 2014
    Posts: 1,775

    Ulu
    Member
    from CenCal

    It’s a very special market and it’s driven by passion and desire.

    Is it any wonder we have arguments?
     
    Thor1 likes this.
  10. 41rodderz
    Joined: Sep 27, 2010
    Posts: 6,540

    41rodderz
    Member
    from Oregon

    Raise it . Hey there are guys that will pay ridiculous money for any 1932 Ford car model body , needing everything.
     
  11. wicarnut
    Joined: Oct 29, 2009
    Posts: 9,052

    wicarnut
    Member

    It Is What It Is. IMO Now is not really the best time to sell anything, it's a much better time to buy, as always the markets change.
     
    Thor1 likes this.
  12. lonejacklarry
    Joined: Sep 11, 2013
    Posts: 1,498

    lonejacklarry
    ALLIANCE MEMBER

    When I get that question my response is "What's your top dollar?" That usually changes the tenor of the discussion and puts the ball squarely in the prospective buyer's court. If they refuse then I simply hang up on them.

    I really don't have much to do but I do not have time for someone's bullshit.
     
    Lepus, Thor1, 41rodderz and 2 others like this.
  13. exterminator
    Joined: Apr 21, 2006
    Posts: 1,695

    exterminator
    Member

    I believe it takes the right person with the money who sees your car as their dream car to pay your price. There seems to be a lot of guys out there who wants to buy cheap and turn over for more. Had one offer for a laughable amount and another for one and half that amount but still not enough. Guess I will drive it around until I run into that one person who has to have it. Glad I don't have to sell it.
     
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  14. My response to the "what's your top dollar" question is always "exactly the same as your bottom dollar". I'm usually not in the habit of paying more than what is required to acquire something. And as far as looking at it goes, I've probably seen the pictures, liked what I saw, so I don't understand the problem giving the bottom dollar price when asked. The first time I've seen the last dozen cars I've bought in person is when they've showed up in my driveway. My hauler knows enough not to turn over my money on totally mis-represented cars, or dicey paper work.

    And I agree with you. I don't have time for someone's bullshit either.
     
  15. I just wanted to say "THANK YOU" for this thread. I am sad because I now have a large void in probably the biggest shop I have ever owned but my old heap is gone to a new owner and I got enough to pay my gas bill.

    So thank you all. :cool:
     
    Tim, Hamtown Al, Thor1 and 4 others like this.
  16. With the economy on the skids many people assume every car for sale is a desperate must sale and some people may be in that situation but not all, I've looked through the classifieds and there seems to be a seat for every arse, naturally the 32's model 40's and the fat fendered Fords along with all the other makes that are sought after are rarely going to be bought at fire sale prices. HRP
     
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  17. Those 32's, 40's and fat fendered Fords will and can be sold at fire sale prices when the roof over the head and food on the table could be at risk. I've bought a few 32's and 40's for half the asking price when the owners had gotten stupid with their money management. Funny how cash on the kitchen table can alter a 'firm' asking price. Especially when the roof over that table is at risk.
     
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  18. proartguy
    Joined: Apr 13, 2009
    Posts: 658

    proartguy
    Member
    from Sparks, NV

    Thor1 likes this.
  19. Sell, just what is this Sell shit.......................
     
    5window, Blues4U, 47ragtop and 2 others like this.
  20. COCONUTS
    Joined: May 5, 2015
    Posts: 1,163

    COCONUTS

    If you want to get good money for it, finish it first. Project cars are a dime a dozen. Whenever I see a project car, I always think what went wrong or what is not right. I find that there is a difference in the prices in Craig's List and H.A.M.B, H.A.M.B. being the higher. 10,000 dollars on H.A.M.B. is equal to about 600 to 700 on Craig's List, and about 1000 dollars around 1975.
     
  21. 41rodderz
    Joined: Sep 27, 2010
    Posts: 6,540

    41rodderz
    Member
    from Oregon

    Well let me help you fill that void . You don’t even have to thank me.:D
     
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  22. 41rodderz
    Joined: Sep 27, 2010
    Posts: 6,540

    41rodderz
    Member
    from Oregon

    Oh no siree , Bob. There are CL prices that do not reflect logic. One seller had a 1956 Chevy short bed that had nothing going for it at all, pulled from the back forty . Starting price $15,000 . After a couple of month’s dropped to $10k. A month later back to $15k for a clapped out , rusted out shell.
     
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  23. Country Joe
    Joined: Jan 16, 2018
    Posts: 517

    Country Joe
    Member

    I guess there is no rhyme or reason to any of it. No sense trying to figure it out. I say, just list your cars at your price and hope for the best. And buyers can look around and if they see what they like at a price they like...go for it. Right now there is a shell listed for almost $30k. nothing else...not a window, not a frame, not a door handle, no window regulators, not a seat....nothing. Just a steel shell...$30k... And my position is, more power to him but, you can find other cars where you can jump in and drive for under $10k. Like I said, there is no formula to any of it. Seems like we just throw a bunch of spaghetti at the wall and see what sticks.
     
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  24. 41rodderz
    Joined: Sep 27, 2010
    Posts: 6,540

    41rodderz
    Member
    from Oregon

    I think you summarized it best .:)
     
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  25. A seller who is upset that a buyer is inexperienced, is a seller who won't be selling many cars. The sellers job is to sell. It's not the buyers job to buy. If the buyer had the experience, he likely would be looking for a deal, or building it himself. A chef doesn't expect his customers to know how to cook. A barber doesn't expect his customers to know how to cut hair. Why should a hotrod dealer or builder expect anything different?
     
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  26. krylon32
    Joined: Jan 29, 2006
    Posts: 9,397

    krylon32
    ALLIANCE MEMBER
    from Nebraska
    1. Central Nebraska H.A.M.B.

    Sorry I opened my mouth I think I'll just delete my posts and shut up!
     
  27. pkhammer
    Joined: Jan 28, 2012
    Posts: 812

    pkhammer
    Member

    As someone already mentioned, these types of cars (hot rods/customs) are sometimes hard to determine a fair market value. Buyers and sellers that bother to do any research will browse SOLD listings and try to compare apples to apples to determine what a fair price is. Even then as someone else pointed out a wide range of prices will be found. If I do a search of 1940 Ford coupes I might find recent sales that run from $15k up to $35k. If I throw out the projects at the low end and the very nice examples at the top end I might determine a good solid '40 Ford coupe should be worth between $20k and $30k. Now what comes into play is the different perspectives of whether you're a buyer or a seller. If I'm a seller I'm going to want to get $30-35k. If I'm the buyer I'm going to want it for $15-20k. We all think basically the same way, it's just hard to find the middle ground.
     
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  28. 5window
    Joined: Jan 29, 2005
    Posts: 9,517

    5window
    Member

    One of my business advisors always told me that selling is just giving others an opportunity to buy.
     
  29. Stock Racer
    Joined: Feb 28, 2010
    Posts: 1,070

    Stock Racer
    Member

    Our demographic is shrinking. Hang on to stuff long enough and you'll be giving it away.
     
    Ulu likes this.
  30. midnightrider78
    Joined: Oct 24, 2006
    Posts: 1,285

    midnightrider78
    Member

    Just keep in mind that what works for some doesn't work for all. Personally, I HATE being sold to. I'm not just talking about cars either. If I have a question, I'll ask. When someone starts giving me a sales pitch, I try to make it clear that's not my way by virtually ignoring them. If they don't get the hint pretty quickly, I make a decision right away whether I want an item bad enough to endure being sold to. 90% of the time the answer is no and I'm out of there. Just something to think about.
     
    Rand Man likes this.

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