Is the car overpriced???

Old Mar 12, 2018 | 07:50 PM
  #1  
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Is the car overpriced???

https://www.frankmanmotors.com/used/...219d28842c.htm

Hagerty has a 1964 Dynamic 88 #1 condition listed at $15400. My offer of $15k was shot down. Is this car overpriced or is it a fair retail price? At $20k I think I would rather save up more for a driver quality 63-68 Impala.
Old Mar 12, 2018 | 07:57 PM
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I know nothing about the pricing of those cars but I will say it is one beautiful car that you hardly ever, ever see. From the pics it would take more money than 20k to buy that car and fix it up that nice. But that still doesn't mean its worth that much. I had a '70 2-door Buick Wildcat in the early 90s. Loved the car, still miss it, but it needed a paint job. I would have spent 10k painting it and had a car only worth 5k at the time. Hopefully those in the know will tell you what that car is worth.

I'd also say since its from a dealer it is of course priced high but in time they may come down.
Old Mar 12, 2018 | 08:41 PM
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Why don't you try offering to let them keep the Hurst wheels if they accept your offer? My understanding is that those things are worth a few bucks.
Old Mar 13, 2018 | 03:45 AM
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Patience, if no one falls in love with it, the dealer will be forced to lower the price. you have more to gain by riding it out for a while. Since you've already expressed interest, they will call periodically with counter offers.
Old Mar 13, 2018 | 05:23 AM
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if your looking for a 66 impala conv I have a nice clean driver for that price . pm me if interested for tons of info and pics
Old Mar 13, 2018 | 07:04 AM
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Pretty car but not particularly rare or desirable. It's going to be for sale for a while if the dealer won't talk on the price. In situations like this, I've found it pays to wait. Eventually the seller will tire of carrying the car on inventory and cash out at a reasonable price. We've seen something like this with the notorious yellow 1964 Faux Four Two convertible with AT out of the Las Vegas dealership. The car was advertised over the last five years at prices that dropped from near $70K to under $40K. It just sold at auction for about $25K. Of course, that car is still fake.
Old Mar 13, 2018 | 07:50 AM
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Yeah, I'm gonna wait it out. After doing more research, I found out this same exact car sold for $13k last year at Mecum. It seems all these cars are overpriced. But that's the game though.
Old Mar 13, 2018 | 07:55 AM
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Originally Posted by MJ DOOM
Yeah, I'm gonna wait it out. After doing more research, I found out this same exact car sold for $13k last year at Mecum. It seems all these cars are overpriced. But that's the game though.
Negotiation 101: you'll never get MORE than the asking price...
Old Mar 13, 2018 | 08:21 AM
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Originally Posted by joe_padavano
Negotiation 101: you'll never get MORE than the asking price...
Not according to the real estate market...
Old Mar 13, 2018 | 08:26 AM
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Originally Posted by oldcutlass
Not according to the real estate market...
Yet another example of people with more money than brains...
Old Mar 13, 2018 | 09:39 AM
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Originally Posted by oldcutlass
Not according to the real estate market...
X2 on that! At least in this area, the asking price is the starting price.
Old Mar 13, 2018 | 09:51 AM
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Typical dealer pricing. Nice car but that is convertible money for a base model coupe. Price guides don't mean much for the big Oldsmobiles which do not get the respect they deserve. Hang in there the price will most likely drop as others have said.
Old Mar 13, 2018 | 10:17 AM
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Originally Posted by Don R.
Price guides don't mean much for the big Oldsmobiles
Price guides are based only on sale prices at big name auctions. Too few of these cars sell at those auctions to form a statistically valid sample size, especially when the price guides include pluses and minuses for every option (and often for options that never existed... ). A better value source is completed ebay auction data. Still not perfect but a lot closer to reality.
Old Mar 13, 2018 | 11:58 AM
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They have had that 88 for almost a year. I had to call and correct them on the paint codes and told them I'd give $15 and they could keep the Hurst wheels. They thanked me for information but said they couldn't sell it at $15. The salesman said the wheels were an improvement. I couldn't have disagreed more.
Old Mar 13, 2018 | 12:00 PM
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Originally Posted by btw
They have had that 88 for almost a year. I had to call and correct them on the paint codes and told them I'd give $15 and they could keep the Hurst wheels. They thanked me for information but said they couldn't sell it at $15. The salesman said the wheels were an improvement. I couldn't have disagreed more.
Well, it was worth a try ...
Old Mar 13, 2018 | 12:05 PM
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Originally Posted by '69442ragtop
Well, it was worth a try ...
The car apparently hasn't aged enough yet. Give it another year. Carrying inventory gets old (and expensive) after a while.

Personally I like the wheels. TTOs would look good also.
Old Mar 13, 2018 | 02:13 PM
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Like like everything about that car, the color, stance, white hadrtop, wheels - all but the price.
Old Mar 13, 2018 | 02:50 PM
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This caught my eye today. Needs a bit of a cleanup under the hood.
https://www.ebay.com/itm/1962-Oldsmo...hanHfy&vxp=mtr

Old Mar 13, 2018 | 04:52 PM
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Dealer reach out today to try to make a deal. I said if I can't get the car $15k out the door, it's nothing to discuss. Needless to say, It was a quick conversation.

And yeah the wheels it has now are horrible. It had better wheels when it was for sale at Mecum.

https://www.mecum.com/lots/SC0517-281371/1964-oldsmobile-dynamic-88/

​​​​​
Old Mar 13, 2018 | 05:16 PM
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Originally Posted by MJ DOOM

And yeah the wheels it has now are horrible. It had better wheels when it was for sale at Mecum.


​​​​​
Shows how this is hobby varies, although I like the rims from the mecum auction I like the ones on there now even better. And the car above ('62) is cool too. I think I see what I'll be looking for in 5 - 10 years. Under-priced (hopefully) early 60s Oldsmobiles.
Old Mar 13, 2018 | 08:02 PM
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https://chicago.craigslist.org/wcl/c...519445362.html not mine,there are several 63/64 88 2 door hardtops for sale on c/l ranging from $4000 to $15000
Old Mar 13, 2018 | 08:15 PM
  #22  
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^ ad says would make a good low rider, it would, but really?
Old Mar 14, 2018 | 04:47 AM
  #23  
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it's hard to comprehend but everyone is entitled to their opinion even if it is wrong,after all some people like fords
Old Mar 14, 2018 | 05:01 AM
  #24  
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I know this is a small "knit-picky" thing but I've never seen the Olds rocket emblem laid down before. Is that steering wheel center on wrong?
Old Mar 14, 2018 | 05:57 AM
  #25  
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that's the way it's supposed to be,that's the earlier style (pre 65) emblem if you are talking about the gold/white olds
Old Mar 14, 2018 | 09:56 AM
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Originally Posted by oldcutlass
This caught my eye today. Needs a bit of a cleanup under the hood.
https://www.ebay.com/itm/1962-Oldsmo...hanHfy&vxp=mtr

This seems like a smokin' deal for less than 15K AND its a Starfire.
Old Mar 14, 2018 | 11:14 AM
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Originally Posted by Don R.
This seems like a smokin' deal for less than 15K AND its a Starfire.
And it would be cheaper if you don't want those wheels, has the original wheels and caps. Has a factory a/c system not installed that goes with the car and original trim parts.
Old Mar 14, 2018 | 03:30 PM
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In my opinion, most all the "classic"cars at that dealer are on the high side price wise. My nephew is a big MOPAR fan (blame his dad, not me) and he has been looking at a 63 Chrysler 300 coupe. I don't remember the asking price, but it stayed on the website for over 2 years!. I haven't looked at their website in a long time, but would not be surprised if it is still listed.
Old Mar 14, 2018 | 03:51 PM
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I like all those cars but would not buy one for the transmission they all have. It's just not worth the potential worry and grief to get involved with a Slim Jim transmission ever again.... Your mileage may differ..... Tedd
Old Mar 15, 2018 | 06:50 AM
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Transmission can be replaced with a 350 or 400
Old Mar 15, 2018 | 08:44 PM
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Originally Posted by KQQLCAT
Transmission can be replaced with a 350 or 400
Not without some fabbing. There's a reason they called it the "Slim-Jim".
Old Mar 16, 2018 | 05:10 AM
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I agree that the wheels are ugly. It does seem overpriced. Like others said you can find early 60s coupes for about $5k all day long on Craigslist.
Old Mar 16, 2018 | 05:18 AM
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Originally Posted by MJ DOOM
Dealer reach out today to try to make a deal. I said if I can't get the car $15k out the door, it's nothing to discuss. Needless to say, It was a quick conversation.

And yeah the wheels it has now are horrible. It had better wheels when it was for sale at Mecum.

https://www.mecum.com/lots/SC0517-281371/1964-oldsmobile-dynamic-88/

​​​​​
it sold at Mecum Indy 2017 for 13k. dealer needs a markup
Old Mar 16, 2018 | 03:00 PM
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The car is and it isn't. It isn't because they don't have a big following. It is because if you had to restore one that was a mess, It's worth it in the time money and stress to make it as good as the one for sale.
If that is the car you live for than I would say it's not a bad price.
Old Mar 16, 2018 | 04:55 PM
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Originally Posted by Don R.
This seems like a smokin' deal for less than 15K AND its a Starfire.
It sold for the But It Now price. I think it was a deal.
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