Good morning.
Thanks for taking the time to read this. I do have on Impala now. A 2006 LT 3.5L flexfuel and actually found this forum researching a hopeful buy in the near future. That possibly buy is the reason I am posting here.
I have the chance to purchase a 1961 Impala four door sedan which has been stuck in a garage since the early 80's. With no pictures I know this is a impossible question to ask but I will ask anyway. What is a fair purchase price?
The car. White, four door. Body is in amazingly excellent condition with the rust being just past the front tires, lower lip area of the front fenders on both sides. All of the trim is in tact. No dents anywhere that couldn't be addressed with light body work. The interior is blue in color and complete but of course "rough" from years of service. Glass is all there, no cracks or broken areas or signs of leaking.
Engine, 6cyl with a auto on the column, not running of course but complete and the crank is not siezed. Transmission is of course in need of a complete build from sitting so long. Same as the engine.
Tires, brakes, chassis are of course in need of complete overhauling due to no use in 20+ years and years of service before that.
My background is in the auto industry. I've co-owned a repair shop with my father for 17 years now and we have restored or built a dozen vehicles for ourselves or customers so this isn't new territory for me.
I'm curious as to a fair price for the car. The owner of course has no idea, I'd rather not get the car for free, which I imagine I could, but would like to give him something. I'm not well informed on the pricing for Impalas from this era so what is a fair market price for a car that would need a ground up to be perfect or need major work to be "drivable"?
Thanks for getting threw all that, I appreciate your time.
Thanks for taking the time to read this. I do have on Impala now. A 2006 LT 3.5L flexfuel and actually found this forum researching a hopeful buy in the near future. That possibly buy is the reason I am posting here.
I have the chance to purchase a 1961 Impala four door sedan which has been stuck in a garage since the early 80's. With no pictures I know this is a impossible question to ask but I will ask anyway. What is a fair purchase price?
The car. White, four door. Body is in amazingly excellent condition with the rust being just past the front tires, lower lip area of the front fenders on both sides. All of the trim is in tact. No dents anywhere that couldn't be addressed with light body work. The interior is blue in color and complete but of course "rough" from years of service. Glass is all there, no cracks or broken areas or signs of leaking.
Engine, 6cyl with a auto on the column, not running of course but complete and the crank is not siezed. Transmission is of course in need of a complete build from sitting so long. Same as the engine.
Tires, brakes, chassis are of course in need of complete overhauling due to no use in 20+ years and years of service before that.
My background is in the auto industry. I've co-owned a repair shop with my father for 17 years now and we have restored or built a dozen vehicles for ourselves or customers so this isn't new territory for me.
I'm curious as to a fair price for the car. The owner of course has no idea, I'd rather not get the car for free, which I imagine I could, but would like to give him something. I'm not well informed on the pricing for Impalas from this era so what is a fair market price for a car that would need a ground up to be perfect or need major work to be "drivable"?
Thanks for getting threw all that, I appreciate your time.