hotrodder46

Hi I am trying to post my car for sale but I am Denied excess ???
any way I have a 1968 442 convertile in excellent condition # matching 400 rocket,turbo 400,12 bolt posi,everthing power ,Gold ,black top and interior .It's in St John's nl.Canada (709) 753 4478 asking $40,000.00

Oldsguy

You are a registered member and should be able to now. Welcome to CO.

jaunty75

To my knowledge, no one here is allowed "excess."

Two comments:

1. This sounds like a nice car. But people want to see photos. At the $40,000 level, they'll want to see A LOT of them, and from every angle imaginable. Get that camera out and get going!

2. Your biggest problem by far, in my opinion, is geography. St. John's, Newfoundland is so far to the east in Canada that you're practically in Europe! Even worse, Newfoundland is an island, so whoever buys it, unless they're right there in Newfoundland, will have to ferry it to the mainland. The closest point in the U.S., which, with ten times the population of Canada, is your best market for trying to sell this, is more than 1000 miles away, and airfares from major U.S. cities can easily approach $1,000 round-trip. In short, your car could be on the moon, and it wouldn't be any more isolated.

The biggest issue for nearly anyone wanting your car is going to be simply getting it home. But, your situation is what it is, so good luck. I still want to see pictures.

Olds64

I think there are only a few cars on the moon; unfortunately, they aren't Oldsmobiles.

Check it out!

http://en.wikipedia.org/wiki/Lunar_Rover

BTW, good luck selling your car. It must be PRISTINE!

jaunty75

I just did. Thanks.

There are three lunar rovers on the moon. That means that there are probably more vehicles on the moon than there are 442s in Newfoundland!

Olds64

LOL

hotrodder46

JAUNTY75 you are right, but I am new here and I am still trying to install
Pictures.

Thanks Pete

Olds64

Pete, you will have to get 5 posts under your belt before you can post pictures... I think. If you do a few more posts and can't post pictures then contact a moderator like Oldsguy or Omicron through the PM tool.

Jamesbo

When you reply make sure you are in “Advanced” If it says post a “Quick reply” hit “Advanced”

Scroll down below the box you type in and hit “ Manage Attachments” A new box will pop up.

Hit “Browse”

The hit “Upload” and wait a few secs for the pics to up load. Then close this box.
Next you can hit “Preview Post and your pictures should be there.

There is a size limit on pics

citcapp

Times are tough, its going to take time to sell your car. Lots of restored cars for sale right now as people are letting their toys go to cover other costs. best of luck selling it

hotrodder46

Ok Thanks

Nilsson

Hmmmm $40,000 for a 68 vert, I bet it doesn't even have a finger print on it?


Take care, good luck

jaunty75

I've looked in my Old Cars Price Guide, and for $40K, it better not!

This guide lists a '68 442 convertible in #1 condition as being worth $40,000, which happens to be his asking price. But listen to the description of a #1 condition car: "Restored to current maximum professional standards of quality in every area, or perfect original with components operating and appearing as new. A 95-point plus show car that is not driven." (emphasis mine)

It goes on to say "In a sense, it has ceased to be an automobile and has become an object of art. It is transported to shows in an enclosed trailer, and, when not being shown, is stored in a climate-contolled facility. It is not driven. There are few number 1 vehicles." (Again, emphasis mine.)


This is better than showroom new. Does this describe your car? If not, then it's more likely a #2 condition car, which is essentially showroom new or slightly below, and is shown as having a value of $28,000. Even with pictures, we're probably not going to be able to tell if your car is one or the other, but the likelihood is that your car is worth more like $25,000 to $35,000, unless it really IS pretty much perfectly restored, is stored inside a climate-controlled garage, and is trailered everywhere you go.

hotrodder46

Jaunty 75 I had it apprasied here local and the appraisel was for $52,500.00 ,(3 weeks ago). So thats where the $40,000,00 price
came from.

442_Mustang

My aunt was an object of Art. Good old uncle Arthur. lol

jaunty75

Wow. On what does he base this value? Not that I'm saying he's wrong, but it would be interesting to know. The best way to determine value is to see what other '68 442s in similar condition are selling for. Does he have access to that kind of information? I always wonder how even the Old Cars Price Guide, which has been around for more than 30 years, gets its values. I can't believe that the editors of that publication have access to the details of every sale of an old car that ever takes place. But they must get enough of that kind of information from somewhere.

I also have to say that I get a kick out of the three significant figures. Can he really assign a value on something like this to that level of detail? I mean, half of the appraisal in this kind of situation is objective, the other half is gut-feeling. The appraisal isn't just saying a value of $50,000 or $52,000, but actually fifty-two thousand FIVE HUNDRED. Why stop there? Why not say it's worth $52,564.17, give or take a nickel?

Anyway, if you trust that $50,000-ish value as accurate, why are you asking only $40,000? It suggests you don't quite believe that value yourself.

stabac

GOOD ONE, LOVE IT!

wmachine

I find it interesting what "appraisal"s are. What do they really mean?
In this case, what it costs to replace is considerably more than it can sell for.
So what figure is an appraisal?

Olds64

lshlsh2

I don't know how much bearing this has anymore. Is it cdn $ or us $.
Larry

hotrodder46

I am asking $40,000. Because I took shipping in consideration

hotrodder46

Yes it's Canadian Dollars

jaunty75

Interesting. I think you're right. Getting this car from where you are to, say, Toronto could easily run to several grand. Then the guy who buys it would probably not buy it sight-unseen and would therefore incur a round-trip plane ticket from wherever to St. John's, and that's easily, like I said, $1000 from many places.

But, on the other hand, you're running a risk now that a guy who lives three streets over from you ends up buying it. HIS shipping costs wouldn't be $10,000!


As far as the exchange rate, right now the US dollar is worth about 1.08 Canadian dollars. So a car priced at $40,000 Canadian would be 40,000/1.08 = $37,000 US. Not a huge difference, but not trivial, either. There was a time a decade or so ago when the U.S. dollar was worth about $1.40 Canadian. Now THAT would have been a time to buy this car if you were paying in US dollars. At that rate, this car would be "only" about $28,500 US.

shatrab

Actually, the exchange rate is calculated other way around... Not $37,000 US, but $43,200 US dollars ($40,000 CAD x 1.08). Canada currency is worth more than US currency (dollar to dollar). Way different from the old days where a Canadian quarter was worth far less than a US quarter!

hotrodder46

Sold

Yellowstatue

Congratulations!!! Your turn to buy a round...

jayleo_4

No pictures?!?!? after all????