First we have this '67 Ford Galaxie for $5,000: http://www.kijiji.ca/v-view-details...ts&utm_medium=email&utm_campaign=email_alerts And then this one. Sorry, no pic with the ad. Only $6,000. For a car without motor and transmission. project car 1955 ford 4dr wagon no motor or transmission rust free will not answer emails we do not have internet at home please call 404-638-4883 aft 6pm http://www.kijiji.ca/v-view-details...l&utm_campaign=email_alerts&utm_source=alerts
Apparently, the guy with the wagon has no digital camera, in addition to having no internet. So, the wagon is 'rust-free'? If it were in really GREAT shape, they wouldn't have pulled to motor and trans out of it, keeping it a nice, complete vehicle. So, I imagine what you have will not be all that impressive. If it WERE really nice, it might be worth close to the asking price, but I doubt very much that's the case.
We were just discussing this $700 - $1000 Ranchero over on grantorinosport.org. Asking price $5500. http://chattanooga.craigslist.org/cto/5453512082.html
If it runs, the Chero would be about a $1500 max car. The paint job needed to bring it back to factory condition costs twice what he's asking, for a car that would only top out at around $12k. Nobody's paying $15K to restore it, and nobody's paying $5.5K to DD it.
I always wondered why the owners of 77-79 Rancheros seem to think they are worth more than any other years. I was looking for a 73-75 at one point and found what must have been every 77-79 in SoCal for sale at the same time, for stupid high prices. They stayed for sale for a long time before dropping off the market. The only 73 to 75 ones I found for sale were either total restorations out of my price range or non-running basket cases for daily driver prices. Now my budget is flat zero so I stopped looking.
There are still an abundance of 77-79 Rancheros on the market. It's definitely a buyer's market, if you're wanting one, as long as you can find a reasonable seller. Back to our case in point, the $1000 Ranchero that someone is asking $5500 for.
Take mine, for example. I had it up for sale up until the middle of last year. It looks like @$$, but up until the last few years, there were no real rust issues, the doors were rehung, and the other dings were bondo'ed out. I replaced the seized engine and boat-anchor FMX with the rebuilt 351W/C4. Did all the brakes, rebuilt the column and steering shaft biscuit, and other stuff over the years, and have put about 26K on it since. It has other desirable things on it, but I was realistic with the price, and had it up for $1500. Nobody cared about anything about the car. They just wanted a substantial discount right off the bat. Never wanted to know why I had it priced the way I did, they just wanted it cheap cheap. Now, is the hillbilly asking too much for a truck-not car, it's classed as a truck-that numbered in the tens of thousands when built over the three years? Certainly. But are you jumping to the conclusion that just because you saw it, it's automatically less than ten Bennie's? If I drove the car, and it was solid-riding, and didn't have any water leaks into the cabin, I'd consider $2k. Something to think about.
As they say on "Pawn Stars," "Just because it's old doesn't mean it's valuable." I remember there was some dealer in CA that had a final year ('93) Volvo 240 with something like 12,000 miles on it and it looked like it just rolled out of the factory - for $35,000! It was only around $25,000 when it was NEW!
