Thread: My 16 year itch

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Originally Posted by 40FordDeluxe

That looks like a very nice car Jim!

Thanks Ryan it may just be a flip though. Just curious what you think a car like this is worth...? Just want to see if I'm on the same page with other guys.

Originally Posted by BIG-JIM

Thanks Ryan it may just be a flip though. Just curious what you think a car like this is worth...? Just want to see if I'm on the same page with other guys.

Worth? Now there's an arguable concept that carries so many variables! The key is not what are guys asking for a car like this, but what are guys actually getting for any given car when the time comes that they simply can't, or don't want to hold on to it any longer. Anybody that tells you what it's worth, turn back to him and ask if he'll give that for it and see how quick the back pedaling starts. Just like this one, the guy that had it passed on, and now his wife & son are trying to turn the car into cash. I'd say Uncle Bob said it really well in his comment on your Timesaver Coupe thread....

Originally Posted by Bob Parmenter

Count it as a blessing in this market. The number of guys who, for a variety of reasons, aren't finding their buyer is at an all time high............especially for glass cars. There is a lot of inventory out there............

Originally Posted by rspears

Worth? Now there's an arguable concept that carries so many variables! The key is not what are guys asking for a car like this, but what are guys actually getting for any given car when the time comes that they simply can't, or don't want to hold on to it any longer. Anybody that tells you what it's worth, turn back to him and ask if he'll give that for it and see how quick the back pedaling starts. Just like this one, the guy that had it passed on, and now his wife & son are trying to turn the car into cash. I'd say Uncle Bob said it really well in his comment on your Timesaver Coupe thread....

Well said
thanks

Originally Posted by BIG-JIM

Well said
thanks

Jim,
I'd be asking myself, "If this car is worth more than I'm paying, why hasn't the seller found those buyer's? What do I know about the market that the seller doesn't seem to know?"
Flipping cars for profit is a lot of fun, but there's a lot of potential for losing money, or having your money tied up longer than you want, especially if you're honest.

Originally Posted by rspears

Jim,
I'd be asking myself, "If this car is worth more than I'm paying, why hasn't the seller found those buyer's? What do I know about the market that the seller doesn't seem to know?"
Flipping cars for profit is a lot of fun, but there's a lot of potential for losing money, or having your money tied up longer than you want, especially if you're honest.

The guys selling it have no clue. It was their fathers car, They are NOT car guys AT ALL! With things coming out of their mouths like " the number on the title is also on a little metal plate on, what is that called? A firewall?" I know in parts alone you couldn't build it for under $35K. They had it advertised with just one blurry picture of the engine compartment. So I had him send me some pictures and I was like...Wow I better jump on this. If I flip it, I know I wont get hurt.