evilmustang66
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i have a opportunity to get 1966 gt fastback A code 289 automatic 2+2 pony interior car for my mom old house since we moved the offer has pics along with info he had paper work which also show the is a survivor has some issues like paint in some areas plus I foun one bad spot in the floor pan toward the front small but still needs to be fix im asking 25,000 for the property 100 x 100 lot basically two 50 x 100 lots with the house which needs repair should I trade or not pics of the car  
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knightsilver
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Re: attn old car buffs need advice
2014/04/10 08:01:48
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I wouldnt trade, you just dont know what ur getting, land you can always sell.
If you do trade, do ur homework. Do a Title trace, vin number trace(s), and have the car independently appraised.
In this pathetic economy, no one will need(thats you reselling) a Pony car when crap dose truly hit the fan......
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evilmustang66
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Re: attn old car buffs need advice
2014/04/10 08:15:08
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I ran that car is worth 20k to 40k even on hagertys appraisal area based off of vin code and looking at that the car came out of az but made in Dearborn mi when produced my property need a roof due to leaks and back wall along with the house re leveled wood frame on blocks built in the 1920 or so it in fl so far the car title is clean and the appraisers in my area on the home tell me 25 to 30 tops just for what I have if the house is tore down around 8k to 10k per a lot I had a replica car offered for my mom house 64 Austin healey but it titled as a mustang 2 I turned that one down
post edited by evilmustang66 - 2014/04/10 08:20:30
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knightsilver
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Re: attn old car buffs need advice
2014/04/10 08:21:23
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Id say bulldoze the lots, and sell the lots for cash.
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BF3PRO
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Re: attn old car buffs need advice
2014/04/10 08:32:46
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I'd say if it is not all completely original don't do it. Old cars are the thing to invest money and savings into at the moment as they are continually appreciating in value. I would have to pass this up though. Have you thought of a Buick Riviera? Something a lot of people don't have? You see old mustangs everyday I personally invest in old Pontiacs like the Firebird line up. My favorite is a production model (prototype in car speak) 1971 Formula which was later officially released for sale in 1976 great looking cars! Sorry to thread jack but in short no don't do it.
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rjohnson11
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Re: attn old car buffs need advice
2014/04/10 08:45:53
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That is a 1966 GT so keep that if you can. I have had in the past a 65, 66, and 67 Mustang and I thought the 66 was valued higher.
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z3r0t0l0rence
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Re: attn old car buffs need advice
2014/04/10 08:46:01
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knightsilver
Id say bulldoze the lots, and sell the lots for cash.
+1 Level the lot and sell. Depending on demo cost and all.
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JGLuxe
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Re: attn old car buffs need advice
2014/04/10 08:50:05
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evilmustang66
I ran that car is worth 20k to 40k even on hagertys appraisal area based off of vin code and looking at that the car came out of az but made in Dearborn mi when produced
my property need a roof due to leaks and back wall along with the house re leveled wood frame on blocks built in the 1920 or so it in fl
so far the car title is clean and the appraisers in my area on the home tell me 25 to 30 tops just for what I have if the house is tore down around 8k to 10k per a lot
I had a replica car offered for my mom house 64 Austin healey but it titled as a mustang 2 I turned that one down
If you fix it up nicely it will definitely be worth a lot more than $25,000.... I'd trade.
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evilmustang66
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Re: attn old car buffs need advice
2014/04/10 18:17:08
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found out the car is in brea, califorina maybe ill take ride over to evga if I get and go on vacation then stop in ks and bring the 46 chevy home hmmmm road trip may be in the future
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MSim
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Re: attn old car buffs need advice
2014/04/10 19:14:09
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I would just keep the property to sell. That car might be appraised for x amount but that doesn't mean you will receive that much when you try to sell it.
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Theophilus20
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Re: attn old car buffs need advice
2014/04/11 08:30:47
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Property Always is a better investment that cars.
If you get that car right now...... someone could lean a bicycle on it and scratch it, someone could key it, a FedEx truck could forget to set the parking brake and it rolls down the street and munches it. There fore............ it has the potential to be devalued very quickly and easily.
Property is much harder to devalue.
If you can.......... i would build rentals and create an income off the property for years to come. (4 rentals @ 1000$ per month X 12 Months = 48000$ per year)
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Fiius
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Re: attn old car buffs need advice
2014/04/11 19:47:36
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Is that Sauterne? I have a '67 Pony in that color... I can see the resemblance!
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evilmustang66
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Re: attn old car buffs need advice
2014/04/11 20:01:41
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Fiius
Is that Sauterne? I have a '67 Pony in that color... I can see the resemblance!
~Fus
color z sauterne gold metallic but yes
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evilmustang66
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Re: attn old car buffs need advice
2014/04/11 20:04:22
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Theophilus20
Property Always is a better investment that cars.
If you get that car right now...... someone could lean a bicycle on it and scratch it, someone could key it, a FedEx truck could forget to set the parking brake and it rolls down the street and munches it. There fore............ it has the potential to be devalued very quickly and easily.
Property is much harder to devalue.
If you can.......... i would build rentals and create an income off the property for years to come. (4 rentals @ 1000$ per month X 12 Months = 48000$ per year)
were the property is that part of town it in is not aloud to have any new apartments built only new homes every investors that have called have been offering low offers I do not wish to have to shell out for demolition as it is quite expenses and permits are a pain to wait on
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evilmustang66
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Re: attn old car buffs need advice
2014/04/14 19:03:39
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well I haven't heard from the guy since Saturday so I guess ill just keep it on the for sale block, so I just put a down payment on a 1965 v8 mustang coupe 289 2bbl ill post pics later at least it was local no rust and from some one I know in his 90s but has a strong love for classics he restores
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BF3PRO
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Re: attn old car buffs need advice
2014/04/14 20:29:01
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Right now cars are the best option for investment and will be for a while. There is always a magne market for cars.
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Violence.
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Re: attn old car buffs need advice
2014/04/16 06:56:28
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floor pans are a pain to do in any car. if you are willing to take the time and make it correct and solid its a good investment. most i have seen with issues regarding paint and sheet metal work most guys will pass on including myself. if you fix those issues and the drivetrain is good you have a solid investment. ALOT of guys these days with the money to buy a classic want one done. something they can put in the garage and get in and drive when they want.
either way a 66 mustang is a highly collectable car, But i would not put a $25k price tag on a car with sheet metal and paint issues. i would pass on the trade. i work on ALOT of old muscle cars. paint and sheet metal work is not cheap unless you can do it PROPERLY by yourself.
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outlawii
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Re: attn old car buffs need advice
2014/04/16 06:58:41
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BF3PRO
Right now cars are the best option for investment and will be for a while. There is always a magne market for cars.
Not sure if u are serious? Land is and always will be the best investment u can ever make!
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Violence.
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Re: attn old car buffs need advice
2014/04/16 07:00:45
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outlawii
BF3PRO
Right now cars are the best option for investment and will be for a while. There is always a magne market for cars.
Not sure if u are serious? Land is and always will be the best investment u can ever make!
exactly. real estate is always a WAY better investment. way more money to be made.
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Drerex
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Re: attn old car buffs need advice
2014/04/16 07:13:51
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Depends on if you want a 66. That is one of my favorite ponys. If it were me, I would end up running the numbers and putting the car on a hoist. Then make a decision from there. Looks clean from what I am seeing.
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evilmustang66
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Re: attn old car buffs need advice
2014/04/16 08:22:40
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ok so the guy sent pics of everything including underside as typical spots of the mustang lower door some rust in that area but the uniframe body has dents in it and were the firewall meets the floor pan major hole rust to fix I was being nice to value my dream ride at that for a daily driver but hey he said that he is told that car worth or 50k I said he can keep it I look a auctions for current sales along with actual condition of the cars his was a 4 on hagerty site scale
so I just buying a v8 coupe auto 1965 locally to convert to efi 289 and work on my 46 chevy car while wait on the house to sale
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BF3PRO
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Re: attn old car buffs need advice
2014/04/16 09:12:57
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Violence.
outlawiiBF3PRO
Right now cars are the best option for investment and will be for a while. There is always a magne market for cars.
Not sure if u are serious? Land is and always will be the best investment u can ever make!
exactly. real estate is always a WAY better investment. way more money to be made.
Not always if land is not in a prime location then it's a bad investment where as classic cars seem to have a market in any established area. Now if you own a lot of land that is worth it for someone to develop then yes. This is from my personal experience in investing though.
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Violence.
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Re: attn old car buffs need advice
2014/04/16 09:26:03
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depends. i can buy property near me that isnt "prime location" this very minute. but 5 years from now will be worth TONS. if you can see the population of an area increasing sometimes that not so prime lot can turn into a good investment in a few years. but most want to turn and burn there investments these days.
classic cars are 9 times out of 10 what he just had happen to him. figure this guy claims that car is worth 50k but wants to trade it for 25k worth of property. something fishy there. for every nice classic there is 5 horrific classics. just the way it works.
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outlawii
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Re: attn old car buffs need advice
2014/04/16 11:18:42
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BF3PRO
Violence.
outlawiiBF3PRO
Right now cars are the best option for investment and will be for a while. There is always a magne market for cars.
Not sure if u are serious? Land is and always will be the best investment u can ever make!
exactly. real estate is always a WAY better investment. way more money to be made.
Not always if land is not in a prime location then it's a bad investment where as classic cars seem to have a market in any established area. Now if you own a lot of land that is worth it for someone to develop then yes. This is from my personal experience in investing though.
Disagree even the crappiest land will hold its value more than any vehicle over time. Just remember this,cars will continue to be produced land will not! You are just wrong so quit arguing,have a nice day!
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BF3PRO
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Re: attn old car buffs need advice
2014/04/16 11:28:24
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outlawii
BF3PRO
Violence.
outlawiiBF3PRO
Right now cars are the best option for investment and will be for a while. There is always a magne market for cars.
Not sure if u are serious? Land is and always will be the best investment u can ever make!
exactly. real estate is always a WAY better investment. way more money to be made.
Not always if land is not in a prime location then it's a bad investment where as classic cars seem to have a market in any established area. Now if you own a lot of land that is worth it for someone to develop then yes. This is from my personal experience in investing though.
Disagree even the crappiest land will hold its value more than any vehicle over time. Just remember this,cars will continue to be produced land will not! You are just wrong so quit arguing,have a nice day!
How much land have you personally owned? How much have you sold? Please don't talk as if you know me. Don't talk down to me either you are not my superior.
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evilmustang66
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Re: attn old car buffs need advice
2014/04/17 01:44:57
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so the pony car work out no arguing please
any how I was offered a replica 1964 Austin healey on mustang 2 chassis with 302 motor I do not feel the car is worth it at all even though it is perfect 100% opinion on value of replica car
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BF3PRO
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Re: attn old car buffs need advice
2014/04/17 13:28:56
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evilmustang66
so the pony car work out no arguing please
any how I was offered a replica 1964 Austin healey on mustang 2 chassis with 302 motor I do not feel the car is worth it at all even though it is perfect 100% opinion on value of replica car
Not as valuable as the real thing.
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