I am going to agree with most and say it might be a tad bit high, but not by much. The way I look at it is this... call me crazy...cause sometimes I am (arent we all?). ANY car that pretty much runs well and is driveable is worth $1000 If its paint and interior is decent and its rust-free (the key) its easily worth an additional $1000 The I take into consideration what still works on the car (options) and what kind of car it actually is.. popular, rare, etc... and go from there... I would probably pay 2500 for that car... but hey, someone could snag it for 1500 or just pay the 3000 without question...everyone is different. I would go in with 2000 like spamman said and start from there... its seems to be at a Dealer so you know he probably gave someone 500 for it and just wants to make some money. Its worth trying.. Chevy wagons last forever when taken care of... good car to start with in my opinion.
"$300 Earl Scheib paint job" Sounds like my pop haha. Is Earl Scheib in business anymore? We only have Maaco around here anymore, so I don't know if Earl Scheib's a relic of my parents' generation or if they're still in business and just not prevelant in my area.
Not all the cars like you describe(like mine) are what you describe. I paid $1500 for mine and may have $4000 in it now including the purchase price and it get's 20+mpg on the highway and get's looks whereever it goes. It really does everything well. And I will bet I can get more than I have put in it.
My 2 cents worth.....A well cared for car, that still looks great and runs good is definitely worth more than one you will have to spend a lot of $$$$$ on. One important thing is would you keep it a couple years and sell it or would it be a keeper? If it is a keeper for a long time, then I would say it would be worth every cent of $3,000. This 77 is fairly simple, no computers or sensors, just good dependable transportation............something that you don't get from late models. In the past year I have had more vehicle problems than I have had since I bought my first 54 Chevy in 1964. All of which were caused by some sort of electrical/computer gremlins.
I second that emotion! My 1979 is the last of the simpler high-tech widgets, and easy enough to strip back to mid-70's tech. The 1980 and up to 1983 Fairmonts and probably most Fords of that period, have a lot more plumbing and electronic sensors.
That is what I like the most about the pre-1981 GM RWD cars, there is none of the computer nonsense and they are simple to work on. With my '78 LeMans there has not been a single issue that I have not been able to repair myself. I'm thinking this dealer might be looking to get $2500 for the car with the $2900 price tag. It's probably one worth keeping for a long time and taking good care of if it's in as good of shape as my LeMans is. Probably the biggest issue will come down to if it needs to be painted which is very likely with its age. A decent professional paint job today for a full sized wagon will cost about as much if not more than the $2900 asking price. -77Imp-
I shed a tear once again for the forlorn '79 Impala wagon I once owned. Bought by some vulture who only wanted the wheels and 350 engine.