Pie Charts I know this is a loaded question with alot of it's but I'm looking for some general feedback. I have an original 66 Hertz red Shelby. I have had it for a number of years and it's in line for a complete concourse restoration. One of my close friends has been hounding me for some time on buying this car. I really have no intentions to sell it but I would like you guys to chime in on what you think a car like mine is worth. Here are the specs and I will be as specific as possible. The car was repainted in 1980 (Maaco Quality). The car does have all the original sheetmetal, original and running (number matching) engine, The engine is missing the carb but other than that it has all the correct and working stuff(pan,valve covers,intake,dist etc). The body from front to rear is all original, underside pitted with rust but not terrible. . The floor pans have a little rust (soft ) under the rear seat. The car has all the stuff like correct seatbelts,tach,magnum 500 wheels,rear etc.This is a complete running and driving car. This car was an Automatic car and was changed over to a 4 speed toploader many years ago but other than that it's all there. No body panels would need to be replaced but the entire car needs disassembly and redone front to rear. What do you think it's worth , general range? Thanks for your input.Olaf
Olaf, Sounds like a $75 K deal (as is). BUT... since you are considering selling to a "close Friend." I would give him the chance to buy, with a complete "Olaf / professional " restoration. It could be a nightmare, if he buys and the car doesn't get properly treated. You could lose a good friend in the transaction. Pete Geisler Orlando Mustang 407 688 1966
Pie ChartsOlaf, I just read Pete's response and I give his opinion a 10 times higher rating than mine. Nevertheless if I owned your car I would not sell it for $75,000. Also, I have a personal policy about situations where friends ask about buying one of my cars. Here it is: "I don't sell my cars and if I did I wouldn't sell them to my friends". Now that I've typed that and thought about it I don't know if that is an opinion of me or my friends. Good luck, Joe Bright. ----- Original Message ----- From: Olaf Herrick To: shelby list Sent: Thursday, March 02, 2006 9:15 PM Subject: general question I know this is a loaded question with alot of it's but I'm looking for some general feedback. I have an original 66 Hertz red Shelby. I have had it for a number of years and it's in line for a complete concourse restoration. One of my close friends has been hounding me for some time on buying this car. I really have no intentions to sell it but I would like you guys to chime in on what you think a car like mine is worth. Here are the specs and I will be as specific as possible. The car was repainted in 1980 (Maaco Quality). The car does have all the original sheetmetal, original and running (number matching) engine, The engine is missing the carb but other than that it has all the correct and working stuff(pan,valve covers,intake,dist etc). The body from front to rear is all original, underside pitted with rust but not terrible. . The floor pans have a little rust (soft ) under the rear seat. The car has all the stuff like correct seatbelts,tach,magnum 500 wheels,rear etc.This is a complete running and driving car. This car was an Automatic car and was changed over to a 4 speed toploader many years ago but other than that it's all there. No body panels would need to be replaced but the entire car needs disassembly and redone front to rear. What do you think it's worth , general range? Thanks for your input.Olaf
Well I am old but I have sold to friends and bought back from friends . I just make everything clear . Here is the car and I don't want to hear about NOTHING wrong with it .. Hell I had one 68 Shelby GT 500 I owned prob 3 or 4 times . Traded it back an forth with a good friend of mine . Now I have done the same with 86-87 Buick Grand Nationals .. guess I am a car nut Dan Joe Bright <jbb (AT) apcabinets (DOT) com> wrote: BODY { MARGIN-TOP: 30px; FONT-SIZE: 10pt; MARGIN-LEFT: 25px; COLOR: #996600; FONT-FAMILY: 'Times New Roman', Helvetica } Olaf, I just read Pete's response and I give his opinion a 10 times higher rating than mine. Nevertheless if I owned your car I would not sell it for $75,000. Also, I have a personal policy about situations where friends ask about buying one of my cars. Here it is: "I don't sell my cars and if I did I wouldn't sell them to my friends". Now that I've typed that and thought about it I don't know if that is an opinion of me or my friends. Good luck, Joe Bright. ----- Original Message ----- From: Olaf Herrick To: shelby list Sent: Thursday, March 02, 2006 9:15 PM Subject: general question I know this is a loaded question with alot of it's but I'm looking for some general feedback. I have an original 66 Hertz red Shelby. I have had it for a number of years and it's in line for a complete concourse restoration. One of my close friends has been hounding me for some time on buying this car. I really have no intentions to sell it but I would like you guys to chime in on what you think a car like mine is worth. Here are the specs and I will be as specific as possible. The car was repainted in 1980 (Maaco Quality). The car does have all the original sheetmetal, original and running (number matching) engine, The engine is missing the carb but other than that it has all the correct and working stuff(pan,valve covers,intake,dist etc). The body from front to rear is all original, underside pitted with rust but not terrible. . The floor pans have a little rust (soft ) under the rear seat. The car has all the stuff like correct seatbelts,tach,magnum 500 wheels,rear etc.This is a complete running and driving car. This car was an Automatic car and was changed over to a 4 speed toploader many years ago but other than that it's all there. No body panels would need to be replaced but the entire car needs disassembly and redone front to rear. What do you think it's worth , general range? Thanks for your input.Olaf --------------------------------- Yahoo! Mail Bring photos to life! New PhotoMail makes sharing a breeze.
Olaf, Whether you go Pete's way, or just "move" your car now, there may be another consideration--are you gonna use the proceeds to buy another car, or are you doing this to take cash "out of cars"? IF you're gonna buy another car, consider this-- a "Like Kind" exchange--collector car for collector car, in this case--can avoid, minimize or at least defer both income and sales/use tax liabilities (of course, given that my advice plus 50 cents will hardly buy a cup of BAD coffee, get professional advice before taking this course). IOW, if you know what (specific) car you want to buy with the proceeds from your Hertz car, have your friend (or whoever's gonna end up with the Hertz) buy that "target" car and TRADE it to you in exchange for the Hertz. As I understand it, there's even MORE flexibility in automotive "like kind" exchanges, now-- federal tax law has finally been changed to give us car folks the same advantage as real estate folks've had for decades--the car you take in trade can be located & purchased during a specified time AFTER your "outgoing" car is sold. Requires the use of a "facilitator" (I think that's the term), and of course you gotta jump through all their hoops, cross all the t's, etc, but might be worth looking into, given today's prices, eh? There was an article/column about this in Sports Car Market magazine several months ago. In a message dated 3/2/2006 7:54:13 PM Pacific Standard Time, ORLMUST (AT) aol (DOT) com writes: > Olaf, > > Sounds like a $75 K deal (as is). BUT... since you are considering selling > to a "close > Friend." I would give him the chance to buy, with a complete "Olaf / > professional " > restoration. > > It could be a nightmare, if he buys and the car doesn't get properly > treated. You could > lose a good friend in the transaction. > > Pete Geisler >
