Author Topic: Opinions on market value of a Project Vette  (Read 3025 times)

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Offline demonx

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Opinions on market value of a Project Vette
« on: July 28, 2010, 12:37:09 PM »
I see project vettes on ebay reguarly, most often they are fresh imports that need a full rebuild and a fortune spent.

I'm curious what people would generally consider an average fair price for my vette considering:

All parts are there but partially dissmantled (all bagged and labeled).
Running and drivable at moment as driveline is still in car.
In the middle of respray. The bulk of it's done. Just needs finishing.
It's had full front and rear suspension rebuild including shocks (only needs springs to finish.
Brakes have been rebuilt.
Vacuum system hoses all replaced and 3 new actuators
Lots of new chrome (bezels, rechromed bumpers, license surround, emblems etc) and many many other new parts to go with car like new grills, light lenses, bellhousing sitting there, new carpet, new weatherstripping, dynamat extreme bulk pack to go under carpet, new shift console and some other small interior pieces, plus several hundred other misc items all brand new sitting there.

I have some vanity plates also for a victorian buyer, reg: STNRAY which would go with the car and have to be worth something.

I'm only thinking in the back of my head about moving it on, reasons being that I simply dont have the time or money to finish it. Time being the biggest thing as most of the major hurdles on the car have been tackled. I've lost my job and I know that I'm looking for a new one as of next week and my back up plan has fallen out also.

So if it was to happen sale is still an idea in the back of my mind as something that may have to happen but not by choice as this is my dream car.

I know how much I have invested and I know that I wouldn't be seeing that again, but I am curious what would be a fair price to ask according to the experts here.




Offline Gray-man

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Opinions on market value of a Project Vette
« Reply #1 on: July 30, 2010, 01:23:50 AM »
Mate if you can help it don't do it,I am by no means an expert but I have bought a few unfinnished projects in my time and they always need more work and money than you expect to finnish so you have to take a gamble you can't realy be sure of what you have and don't have,I have read all your posts over the years and you've done some real quality work but if I where a prospective buyer I recon I would only pay about a therd of it's finnished value,I don't mean to offend you that's why I say don't do it,If you could finnish it even if you had to cut a few corners, and sell it painted with rego you would be far better off financialy.Hope Im wrong what does every one else think

Offline demonx

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Opinions on market value of a Project Vette
« Reply #2 on: July 30, 2010, 10:57:11 AM »
Don't stress, I will not take offence to anyones response. I posted here to get an honest response and not to get anyone blowing smoke up my butt with unrealistinc figures.

I'm a tight ass myself when it comes to buying cars/projects so I just wanted to throw it out there and see what others feel is realistic. I would want minimum $25k with the STNRAY plates, but I really dont know if thats realistic or not from a buyers point of view.

I guess every day in the shed I spend working on it I'm prob going to want to bump the price up.

Offline Gray-man

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Opinions on market value of a Project Vette
« Reply #3 on: July 30, 2010, 09:24:49 PM »
Yeah that figure sounds realistic to me as long as you find a genuine buyer. You may have to settle for a little less. Just to compare before I bought mine I looked at a 72 Coupe with body in undercoat and suspension done,good interior,all parts to finnish but a tired drive train asking $18,000 but eventialy sold for $8,000