Can anyone give me an idea of current market values for 1966 coupes? I've got a fellow who tells me he has a stalled restoration in his basement. The verbal description I got was a base 327, 4 speed and a/c. Engine, trans and interior pulled out but present. All numbers are supposed to match.
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Re: 1966 Coupe Values
Condition, originally of existing parts, effort needed to move/relocate a project, work still needed to be completed or re-completed, etc., etc. Only one person can really make the decision as to a car's value.
Jim C. -
Re: 1966 Coupe Values
Now the works starts. You need to look carefully at the costs of putting each component of the car back together. When you do this, you have to consider if the car will be Top Flight, a driver, or something in between. You can get good prices from vendor web-sites (many vendors are frequently mentioned on this forum and others advertise in Driveline). Labor is another thing, and varies depending upon the services provided and where you live. I estimate by the job, but you can use 60$/hr for general mechnical labor and 80$/hr for body and paint. As I said, this varies greatly (I usually pay a lot less when I need help) but it will get you in the ballpark.
After you have this estimate, then you need to compare it to what the car is worth in the market. This varies a lot but you can get a good idea from post #2 in the thread below.
Be conservative with your estimates and you should'nt go upside down on the purchase.
Good luck, and remember, this is fun.
PaulComment
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Re: 1966 Coupe Values
Having a no hit body with all bonding strips intact and a solid frame would really add to the value.Comment
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Re: 1966 Coupe Values
My question is at what stage did the restoration stall and is everything there to finish the restoration? Is what he has done to date done correctly?Comment
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Re: 1966 Coupe Values
Glen - I suspect the answer you're seeking is slightly different than what's been provided so far......
Are you wondering what the range of market value will be for a '66 base engine 4-spd coupe with AC once it's assembled/running/completed?
I'm certainly no expert. A recent look at Driveline asking prices leads me to believe the market is still in a state of turmoil just as our financial markets are today.
I bought a pretty complete/numbers matching '66 L-79 convertible (few options besides telescoping column/ no documentation) in '04, and a 2-owner '67 L-79 coupe (few options, but some credible documentation) in '08. Both needing some mechanical/cosmetic restoration.
Anyway, I'd say the present RANGE for market values for the car you describe is maybe $30-40k at the low end for a NOM car missing some original parts/no documentation/etc. to $60-70k at the high end for a well restored or original complete car with bulletproof documenation/etc..
Regards,
BobComment
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Re: 1966 Coupe Values
Bob,
Thank you.That is the information I was looking for. But all the other responses gave me some good food for thought. One of the great things about the TDB.
BlendComment
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