So how should I approach this

[challenged72]

I found a challenger in my local traders guide, 73 non rallye, 440-4-speed. originally auto.

I called and the guy wants $15k for it. I thought OK, its ready to drive away

nope.

Its a project....

the door panels are off, needs the gas tank recoated, body is good doesnt know if there is bondo in it, some rust under the vinyl top, the paint needs work (plum crazy)

440- not rebuilt, pulled from a car with 46K
4 speed manual

seats need recovered

said it runs well, comes with new rallye wheels and tires, and has magnum 500s on it


wants $15k for that???

well I figured it out. He bought it 15 yrs ago and never really had the urge to finish it. he had his sister look it up online and since she knows NOTHING about Ebodys was probably looking at 70-71s, and restored ones nonetheless

this sucks because I was hoping for much more. He did say it was perfect underneath though

I am going to go look at it because its less than an hour away from me

How can I politely tell him that its not even worth half of that? And what should my top $ to spend on this be?

Thanks

[Cuda Cody]

WOW 15K for a 73 Project!  That seems a like a lot for a project like that.  You got to feel good that it's not going to be bought any time soon so time is on your side.  Let him test the market at that price for awhile and he realize that it's not going to sell.

[challenged72]

WOW 15K for a 73 Project!  That seems a like a lot for a project like that.  You got to feel good that it's not going to be bought any time soon so time is on your side.  Let him test the market at that price for awhile and he realize that it's not going to sell.

yeah I think thats a good idea, I think I'll go look at it at least, he's a really nice guy and he said he's single so no wife talking to him about it LOL

I can go back later if he doesnt sell it and take printouts out 72-74 projects showing what they go for

I'll pay fair price for sure, but NOT 15k. 

[AMXguy]

That's also how I always approach it, at first he's going to think he's really got something but he'll figure it out if you give him time. just let him know you're interested at the right price and leave him your contact info.

 I don't know what anything is worth anymore, just less than it was. I bought an all original rust free  numbers matching second owner true RS/SS driver '69 Camaro the other day for $13,000. I'm not a huge Chevy fan but I've always liked 69 Camaros and knew I couldn't go wrong so I bought it. I think popular collector cars are like real estate, if you find a real deal and have the money in time you'll come out ahead. I think it's a good time to buy just make sure you're on the winning end because there are a lot of cars out there and not much cash,  remember as the old saying goes if someone isn't getting hosed it isn't a good deal for anyone.

[drewcrane]

well you have to ask your self , how much do you really want to pay for it? say 10 k, ,8k if so go see him in person look over the car and if you really want the car , flash the green,say 8 k ,start low ,since he has started high and see if you can meet somewhere in the middle, and see if he bites

[73Chally]

I'd offer him maybe $7K, leave your name and number, and politely ask him to give you a call if and when the time comes.  No need to be a smart ass (not that you were but the guy does deserve it for asking that much), make the offer, then walk away.  If you really do want the car, the offer him what you feel comfortable with.

[moparclown]

Heres my take on this
I am looking at buying another car also,but wife said that something must be sold first.
I say you go and talk with the guy in person,I always prefer to deal with a person one on one.As far as price goes?I hear it all the time(you want how much?)
Anyone that is selling a car is not gonna start at the bottom line,would you?
I will be possibly parting ways with my 71 Cuda project,and I will not get what I have into the car and I will be a man about it,only because I have other things I want and to make it happen I have to part with something(wife says so).I have a price in my head that I will take for it,but it will be listed for sale for what I would like to get for it.
My buddy laughs when I tell him what it would take to pry my Iroc R/T from me :roflsmiley:I have No interest in selling it so it carries a ridiculus price tag.
I guess the point I am trying to make is go talk to the guy and find out what the deal is-needs cash?lost interest? etc. Good luck

[challenged72]

from my conversation with him he bought it 20ish yrs ago and didnt do anything with it. has no idea on value, has ol sis check since she has internet, and of course she finds a 71 #s matching rt that needs a little work or something

i prob wouldnt pay more than 7k for it, he put the drivetrain in and never even drove it

[Cuda Cody]

i prob wouldnt pay more than 7k for it

Smart man!

Without seeing I can only guess, but I can't imaging it being worth 7K with what you described.