Hot Rods 25,000 for a car project!

I always thought for $25,000 you could buy a nice finished car but looking at the cars for sale on the HAMB it appears some guys want $25,000 and more for a car project without paint, glass and many other parts.

Are they really selling for these kinds of prices or are they just fishing?
Jimbo

 

did you see the thread where they are complaining that hotrods arent selling?

 

What are you looking at?

 

Sounds like a '32. Seem like anything that has been near a '32 has had a few zeros added to the price.

~ Carl

 

Oh man another whinge thread..... Maybe all these can be combined into 1???

FWIW I would happily pay $25K for a super solid 33/34 coupe project that is near complete.

 

Yup. It's almost become comical that every other week the exact same subject is rehashed over and over in a new thread.

 

Jimbo
I harbored that false assumption once myself when I went to Pleasanton twenty plus years ago with $35k CASH in my pocket looking to buy a finished deuce roadster and drive it home, guess what, I flew home.
Yes, I found plenty of cars in my price range but not in my expectation range.
Want it cheaper go to Walmart, that seems to be peoples' mindset nowadays.
I have a 66 Suburban project that when finished will be a $50,000 car, I'm half way there and that doesn't account for my labor which people think should be free for some reason.
Just because it isn't finished does that mean I'll sell it for $5,000 to someone that has established a low bar in their expectations.
And by the way, it is for sale, just not to someone that wants to get into it as cheaply as possible by taking advantage of my hard work.

 

any asking price might be a selling price? But only if you can find a buyer Ready willing and able to pay that amount.

 

OH I'm so happy to hear that.

 

If we didnt have the same thing over and over (or if anyone googled) this forum would go out of business

 

There's a lot of cobbled up junk out there with crazy high prices but I'm thinking you could probably find someting not too bad for 25K. A couple of years ago I sold a nice running driving 63 Belair 2 door post car for 25K.

 

My neighbor had some property for sale. The guy that bought it complained about the price being to high and called my neighbor a crook.
I guess the guy didn’t like my comment when I asked why did ya buy it then?were you forced?

 

Funny you bring that up. I friend just bought a '63 Belair 2dr post recently. Appears to be a frame off build. 6cyl, 3spd. Aqua w/white top, beautifully done. Not sure what he paid (I'm not ignorant enough to ask), but I know the asking price was $28.5K. He wanted something super clean to start. I believe he's heading in the 327/4spd direction. (I hope ).

 

if you can't find a nice finished car for $25,000 that is because you are looking at $50,000.00 cars.

 

Depends entirely on what car it is and how much work has been done so far.
$25K for a glass T bucket project? No (no offense to T bucket owners).
But say, a Henry steel Deuce 3 window on a rolling chassis ready for paint? All day long considering that completed, it could sell for $65K to 85K or more.

 

Fuck it, buy a 'glass body and some Speedway Import parts (nice cheap Asian variety) and slam a car together in a week...like they do on TV...then sell it. Ask $99,500. Oh wait, that's not reality is it. The Asian shit doesn't fit the other Asian shit, a 'glass body typically doesn't include all the minutiae needed to actually finish it as a turnkey rod, frames don't grow on trees, well except those worn out rotted ones with trees grown through em. I dunno, maybe I should piss n moan about how I can't find a Duesenberg in driver quality for under 6 figures. Fuckin eh, for that matter a Duesy engine and trans is worth over $100k! I didn't get the memo that we that have em owe those that want em a sale price of .50 on the dollar. Nobody gives ME the smokin jumbo deal and I'm a nice guy! I've even been called good lookin! Ok, she was 1/2 blind but still said it Then when I do get good shit to sell I'm thinking I don't ask enough. Maybe the price is so good there must be something wrong, and I swear I'm not an African prince either. No disrespect to African royals mind you.

At the end of the day, fuck it. Don't buy it. Then a year from now kick yourself in the ass because you passed on the real deal for fair market at the time, and now you're struggling with those Asian parts and itching like flea infested dog on a summer day from grinding fiberglass. Good ain't cheap, cheap ain't good. And for the record it's 2020 not 1975. Sometimes Rip Van Winkle wakes up too late to buy a cheap Ford, unless he wants an Escort. Carry on Wayward Sons...

 

Good news, everyone! I was told just recently that old cars were quickly going out of style because the young crowd wants nothing to do with them and "the market" was flooded and tanking. Nice to see now that prices are through the roof. What a wild ride the last few weeks have been.

 

Actually there's a older collectors collection going to auction in Kansas later this year - nice variety with 1932's , 50's converts and C1/C2 Corvette's.....will be the norm in the future as they pass and the family wants money more than his old collection of cars. Have your cash/credit line handy............

 

$25k for a project car is easy to see. Just start pricing the basic parts. I see frame packages for well over $10k. The recent discussion of an early Olds motor at $13k. We are nearly there and have no body parts. And do not forget all the little things rubber bits, window channel, wiring, ect.

 

25K is not out of line for a 32 to 34 Ford coupe project car.

 

I would consider paying 25k for a project Duisenberg.

 

News flash
69 ZL-1 Camaro goes for one million $$$ plus at auction.

 

Lot of money for an entry project...for most of the crowd...33-34 Fords are still desirable..I wonder how much longer at these prices....Buy what you love and can afford...Hell , 4 doors are cool now....Hamb rules!!!

 

$25,000 for a project? Hell, I won't pay $25,000 for a daily driver! Never have, never will! But then again, I'm a cheap ass curmudgeon that thinks everything is too high.

 

I guess that's kind of reverse bragging. I have no problem if you're cheap. But, I notice your avatar is not a Deuce or a '40 Ford. The value of a project is always going to be supply and value in the eye of the buyer. Not many HAMBers will line up for a $25K T bucket project because we're all in line for the '32. And, if you're a working man in a low profile job, that money might be your whole living wage while if you retired from the Tonight Show you could pretty much spend that without a care. As for the asking price of projects-you can always ask..

 

$25k could be well spent depending on your capabilities and what has been done.
Could be a better deal than putting a pile of junk you got cheap into a hot rod shop and going thru all the drama's that can potentially come out of such an exercise and still end up with a pile of junk and good money down the drain.
The project you seek must match your expectations and capabilities and it also may save you time in a build if the work done is decent.
Any general comment about a $25k project is just a basis for what we have here numerous opinions.
Such discussion needs to be on a case by case basis.
So put your coveralls back on and get back out in your shops and get some work done on your own projects...

Pointless discussion.

 

This!

 

A 25 K project sounds about right. Who ever would of thought about paying 60k for a new pick up ? They are out there all day long and climbing.
As mentioned that we are not in 1975 , all this stuff is going to cost if you are wanting to play.
Vic

 

Actually, the car or how much work has been done has nothing to do with it. The worth of the car/project is totally up to the buyer. If he feels the work/car are worth the price, and feels the price is fair, a sale is made. A Duesenberg collector won't give a shit about your 'real' 32,33,34 coupe because he collects Duesenbergs. The buyer chooses the car, the car doesn't choose the buyer. $25K for a glass T bucket project? Why not? If the sum of the parts, and the quality of the workmanship is first rate, why wouldn't it be worth the asking price. After all, parts are still just parts. You can lose money on T bucket parts same as you can on 32 parts.

 

After reading all of the posts to my post I think there is a very old saying that might apply here and that is the following,
"There is an ass for every seat"
I guess it just won't be my ass this time.
Jimbo