any got tips and tricks on selling and buying cars?
i was wondering if i were to find a old hatchback original 1967 and fixed it up, how much would it sell for and how much would it cost for me to fix it up?
Ive seen brand new 1967's go for 200,000+ after the gone in 60 seconds movie the guy that made the car for that movie he made around 100-200 more originals since he is the only one with the real stamps and ownership of them.
if i found an old 67 frame and body for 3,000 with some rust and dings and stuff and put new sheet metal in it would that bring the price down? or would getting a clone kit be better, cause i dont have alot of money on around 6-9,000
if i could find an old 67 and fix it up slowly and spend like 30,000+ on it and tell it for like double or triple that would be awesome then i could buy a car for myself and buy another one for sale. you guys got any tips and tricks for me?
Personally I think the "Eleanor" Clone market will be slowing down. A home-built version won't go for nearly what the pro-shops are getting for theirs.
Restoring any classic car to make money is a game of chance. Often you might only get out of it what you put in, minus the labor. You just have to know how to pick a good investment car if you plan to make any money. #s matching highly-optioned big-motored cars are usually the best bet if you keep everything stock. Low-optioned cars and common cars (i.e. C-code notchbacks with standard interior) are better for resto-mods.
To make any money on Mustangs you'll likely need to do 90% of the work yourself. One thing that scares most people away from classics is rust. If you're handy with a sawzall/cut-off tool/cutting torch and can teach yourself to mig weld, you'll have all the skills you need to repair floors and non-cosmetic areas for relatively little money.
Just my opinions. Do it for the love of the car and not for the money or you'll find yourself hating every minute of it.
You would do better to guess the right numbers on lotto!! or you could try playing the stock market.....or even commodities.
Seriously.....you would make more money but turn more cars like I have by playing the market that is hot......"RICERS".
I bought and sold several and never lost money ...the least I made was 500.00 on a deal.
.....on my classics....
I was Lucky
I was patient
I looked at EVERY car for sale
So you have to learn what consistent things are learn a lot about "base" prices If I saw a car that was the least marginal ....I'd make an offer that was good for me (without offending the seller) if he couldn't do it, I'd walk the deal
I bought cars that were sitting and nothing being done....missed a few won a few....but I did it knowing I would do a LOT of cleaning minor repairs, hours of detailing and then turn the car.
The 67 I have never hit the market....I was the first person to know it was for sale ONLY because he is a friend. MY 65 SS......a guy was TIRED of working on it.....I stole it too. What does "stole it" mean?
I got it at a dang good price......only due to timing.
And if you are active....(everyday) looking it will take you months to find the first deal.
__________________
"After all ......looks ARE important"
1967 Diamond Blue Convertible
all original
Wifey's '67 Coupe Black, GT/CS Clone
I agree....and I would advise anyone that is the least curious and wants a classic should buy one to restore ...KEEP.....and if the right buyer happens to show up....sell. other wise there are better buys out there.
__________________
"After all ......looks ARE important"
1967 Diamond Blue Convertible
all original
Wifey's '67 Coupe Black, GT/CS Clone
Hello. I've bought and sold a whole bunch of old mustangs and I've never lost money on one. I broke about even on a couple after I figured in reasonable wages for the work I did, but broke even was the worst that I ever did. If you want to actually make money on them, you have to start with a very narrow set of qualifications for the car you're thinking about buying. Start with a two-year model year span. For me it was 65/66. Learn everything you can about the cars right down to what sort of markings should be on the head of that screw that holds the rear axle vent hose to the floor. Read everything that you can get your hands on. Come to think of it, get your house to looking kind of like this. That's just the stuff that I reference on a regular basis, not counting all of the stuff that's packed away. And I just do this for fun now.People that are actually out there on a daily basis do this for a living have a lot more materials readily available. Figure out which cars are worth a little something and which cars are pretty but worthless. Most are in the second class. Hope that helps.
any got tips and tricks on selling and buying cars? 
I've bought and sold a whole bunch of old mustangs and I've never lost money on one. I broke about even on a couple after I figured in reasonable wages for the work I did, but broke even was the worst that I ever did. If you want to actually make money on them, you have to start with a very narrow set of qualifications for the car you're thinking about buying. Start with a two-year model year span. For me it was 65/66. Learn everything you can about the cars right down to what sort of markings should be on the head of that screw that holds the rear axle vent hose to the floor. Read everything that you can get your hands on. Come to think of it, get your house to looking kind of like this.
That's just the stuff that I reference on a regular basis, not counting all of the stuff that's packed away. And I just do this for fun now.People that are actually out there on a daily basis do this for a living have a lot more materials readily available. Figure out which cars are worth a little something and which cars are pretty but worthless. Most are in the second class. Hope that helps.
