1988 Cutlass with 557 miles - $50K
#1
1988 Cutlass with 557 miles - $50K
Seen this on yahoo page today. I'd love to have it, but not for $50k.
https://www.yahoo.com/news/facebook-...194840252.html
https://www.yahoo.com/news/facebook-...194840252.html
#12
For right around 50K you could buy this 485 HP car:
All in all, it's an extremely nice example of an Olds G-body. But I wonder why he bought it and never drove it? Like he thought since it was the last RWD Cutlass he had a potential pot of gold?
Maybe it's another one of those wives that tells their husband to sell their old car but he doesn't want to. So he tosses in a huge asking price so he can say he gave it a college try?
Or maybe he hasn't looked at the car market since the muscle car boom where every rusty hulk was selling for thousands?
Or maybe thinking if asking 50k will get the attention and get a decent offer, much more than if he guessed since he doesn't realize the true value of the car? (which is nowhere near 50k)
Or he could be the first to be ahead of the G-body collectible craze that could be coming? (nah)
Or maybe he's out of his friggin' mind. No G-body Olds is going to ever be worth 50K. The prices for very nice ones are going up, but that's only due to supply dwindling to the point of just crossing below the demand curve. Which isn't high to begin with. Saw a 2K mile 85 442 ask 35K (about 15K in 1985 dollars, the price of a new one back then). Still for sale. Imagine that. The only ones collecting them are likely for nostalgic purposes, or simply because you have a fetish. G-body Hurst/Olds and 442s are asking list price adjusted for inflation at most (around 30K for the most nicest pristine examples).
And even if you DID buy it, was the car maintained while it virtually sat still for 31 years? Was it started and moved regularly? Seals dried out? I know the headliner foam is nice and crispy. There's nothing anyone can do about that. Happens on every one of them eventually. How old is the gas in the tank. Fluids, belts, and hoses changed?
All in all, it's an extremely nice example of an Olds G-body. But I wonder why he bought it and never drove it? Like he thought since it was the last RWD Cutlass he had a potential pot of gold?
Maybe it's another one of those wives that tells their husband to sell their old car but he doesn't want to. So he tosses in a huge asking price so he can say he gave it a college try?
Or maybe he hasn't looked at the car market since the muscle car boom where every rusty hulk was selling for thousands?
Or maybe thinking if asking 50k will get the attention and get a decent offer, much more than if he guessed since he doesn't realize the true value of the car? (which is nowhere near 50k)
Or he could be the first to be ahead of the G-body collectible craze that could be coming? (nah)
Or maybe he's out of his friggin' mind. No G-body Olds is going to ever be worth 50K. The prices for very nice ones are going up, but that's only due to supply dwindling to the point of just crossing below the demand curve. Which isn't high to begin with. Saw a 2K mile 85 442 ask 35K (about 15K in 1985 dollars, the price of a new one back then). Still for sale. Imagine that. The only ones collecting them are likely for nostalgic purposes, or simply because you have a fetish. G-body Hurst/Olds and 442s are asking list price adjusted for inflation at most (around 30K for the most nicest pristine examples).
And even if you DID buy it, was the car maintained while it virtually sat still for 31 years? Was it started and moved regularly? Seals dried out? I know the headliner foam is nice and crispy. There's nothing anyone can do about that. Happens on every one of them eventually. How old is the gas in the tank. Fluids, belts, and hoses changed?
#13
Indeed to all. You can buy a sweet Buick GN with mods in excellent condition for 1/2 that price or drop 50K om a new 2020 Challenger 392 Scat Pack pictured above that's a great value to me anyway. Or just a few weeks ago I bought a 03 Z06 with only 5K miles that was in dry storage for 16 years. Never seen a drop of rain until 2 days ago. Car is a time capsule that will be driven, no longer being stored. Note: if you guys find a car that has been stored away like the Z06 be prepared to spend some $$$$ on tires, changing out fluids, etc. I called Chevy to see if any recalls were addressed and the previous owner took care of it. However further research indicated that 02-early 03 LS6's have a large documented history of valve spring failure. ( already knew this before I bought the car) so I had the valve springs replaced last Saturday.
#14
Nice car, but not $50K nice. You'd have to be a BIG fan of the G-body Olds to drop this coin on that car.
Worth noting, would this year ('88) be the end of the road for the SBO as well? I'm trying to think of any other GM division besides Olds who's V8 lasted this long (not including the SBC). Pontiac's last V8 (400) was built for the '79 MY, and according to Wiki, the Buick 350 lasted to '80. I think that says something about the Olds V8. I suppose the Buick >> Rover 215 V8 family lasted longer, but does that really count?
Worth noting, would this year ('88) be the end of the road for the SBO as well? I'm trying to think of any other GM division besides Olds who's V8 lasted this long (not including the SBC). Pontiac's last V8 (400) was built for the '79 MY, and according to Wiki, the Buick 350 lasted to '80. I think that says something about the Olds V8. I suppose the Buick >> Rover 215 V8 family lasted longer, but does that really count?
#15
As an owner of an 87 442 with 96,000 miles and an 87 Grand National with 30,000 miles, I can appreciate wanted to get that kind of money, but reality has to set in somewhere. Even a sub 10,000 mile GN isn't able to bring that kind of money, and IMO is a far more collectible car, for lack of a better term. It's definitely a bit more fun to drive. When it comes down to it though, I still love all my cars, and don't really think about what they are worth, there is a butt and a price tag for every seat!
Either way, I wish them luck.
Either way, I wish them luck.
#16
If I had Bill Gates money, and had the kind of disposable income to drop on a toy, I would still have a hard time justifying that kind of money. I’m as fond of the G body Olds cars as I am of the earlier A body (I have owned at least one of ever year from 68-87, some years more than one!) but 50k is insane. In my opinion, 10k is really pushing it.
#17
I love these cars, but they're either dreaming, or throwing crap against the wall to see what sticks. It reminds me of an ebay ad I saw a couple of years ago for another car I love from the modern era, a 1992 Cadillac Brougham d'Elegance, it had every option, and 50 miles on it. It was never registered, kept on blocks in a climate controlled garage down south, started and run every so often. The miles were from putting it in gear and letting everything move. So, a brand new top of the line 1992 Caddy, back when they were still big, comfortable, and stylish, all for over $200,000(starting bid)!!! I highly doubt if anyone even considered bidding on it. The ad ran a few times, then I never saw it again.
#18
Nice car, but not $50K nice. You'd have to be a BIG fan of the G-body Olds to drop this coin on that car.
Worth noting, would this year ('88) be the end of the road for the SBO as well? I'm trying to think of any other GM division besides Olds who's V8 lasted this long (not including the SBC). Pontiac's last V8 (400) was built for the '79 MY, and according to Wiki, the Buick 350 lasted to '80. I think that says something about the Olds V8. I suppose the Buick >> Rover 215 V8 family lasted longer, but does that really count?
Worth noting, would this year ('88) be the end of the road for the SBO as well? I'm trying to think of any other GM division besides Olds who's V8 lasted this long (not including the SBC). Pontiac's last V8 (400) was built for the '79 MY, and according to Wiki, the Buick 350 lasted to '80. I think that says something about the Olds V8. I suppose the Buick >> Rover 215 V8 family lasted longer, but does that really count?
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