Is the car overpriced??? - ClassicOldsmobile.com

Is the car overpriced???

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Old March 12th, 2018, 07:50 PM
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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.
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Old March 12th, 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.
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Old March 12th, 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.
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Old March 13th, 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.
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Old March 13th, 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
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Old March 13th, 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.
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Old March 13th, 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.
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Old March 13th, 2018, 07:55 AM
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Originally Posted by MJ DOOM View Post
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...
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Old March 13th, 2018, 08:21 AM
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Originally Posted by joe_padavano View Post
Negotiation 101: you'll never get MORE than the asking price...
Not according to the real estate market...
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Old March 13th, 2018, 08:26 AM
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Originally Posted by oldcutlass View Post
Not according to the real estate market...
Yet another example of people with more money than brains...
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Old March 13th, 2018, 09:39 AM
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Originally Posted by oldcutlass View Post
Not according to the real estate market...
X2 on that! At least in this area, the asking price is the starting price.
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Old March 13th, 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.
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Old March 13th, 2018, 10:17 AM
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Originally Posted by Don R. View Post
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.
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Old March 13th, 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.
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Old March 13th, 2018, 12:00 PM
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Originally Posted by btw View Post
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 ...
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Old March 13th, 2018, 12:05 PM
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Originally Posted by '69442ragtop View Post
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.
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Old March 13th, 2018, 02:13 PM
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Like like everything about that car, the color, stance, white hadrtop, wheels - all but the price.
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Old March 13th, 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

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Old March 13th, 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/

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Old March 13th, 2018, 05:16 PM
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Originally Posted by MJ DOOM View Post

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.
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Old March 13th, 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
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Old March 13th, 2018, 08:15 PM
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^ ad says would make a good low rider, it would, but really?
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Old March 14th, 2018, 04:47 AM
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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
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Old March 14th, 2018, 05:01 AM
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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?
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Old March 14th, 2018, 05:57 AM
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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
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Old March 14th, 2018, 09:56 AM
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Originally Posted by oldcutlass View Post
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.
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Old March 14th, 2018, 11:14 AM
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Originally Posted by Don R. View Post
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.
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Old March 14th, 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.
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Old March 14th, 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
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Old March 15th, 2018, 06:50 AM
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Transmission can be replaced with a 350 or 400
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Old March 15th, 2018, 08:44 PM
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Originally Posted by KQQLCAT View Post
Transmission can be replaced with a 350 or 400
Not without some fabbing. There's a reason they called it the "Slim-Jim".
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Old March 16th, 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.
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Old March 16th, 2018, 05:18 AM
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Originally Posted by MJ DOOM View Post
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/

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it sold at Mecum Indy 2017 for 13k. dealer needs a markup
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Old March 16th, 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.
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Old March 16th, 2018, 04:55 PM
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Originally Posted by Don R. View Post
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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