Good evening all,
I am hoping you all can give me some advice. While I know it is difficult to value a "project" car I thought you might be able to help me in a different way. A man near me is selling a really decent restorable 1960 super 88 with 40k original miles. The car is solid and 99 percent complete but worn original everything.
What do you think a restored car like this might be worth on the open market?
He says 25 I say 12-14 any thoughts?

 

Worn everything means replace or rebuild everything, is it running stopping, bad interior, rust? With out more info and a lot of pictures it's almost impossible to make anything but a wild a$$ guess. Just remember it will take about $20,000 give or take $10,000 to restore, will there be anything left if you add cost of the car and the cost to restore it. Just not enough info....Tedd

 

Sorry I was asking what your thoughts were on FMV of a decently well restored version of this car

 

One thing you haven't told us is what is the body style. That can be significant.

At the low end, the Old Cars Price Guide lists the value of a showroom condition '60 Super 88 4-door sedan at about $13,000. Moving up a notch, for a four-door hardtop, about $17,500. Another notch higher, for a 2-door hardtop, just under $20,000. At the high end, for a convertible, about $24,000.

So you can see how important the body style is. A 2-door can be worth about 50% more than a four-door, and a convertible twice as much, at least in this case. The two-doors and convertibles are much more popular than the four-doors.

Tedd is right in that, whatever the body style is, you'll spend more fixing the car up than you'll get back if you try to sell it. That's a truism as old as the old car hobby itself. Restore a car because you enjoy the journey and will enjoy it when you're done, not because you hope to cash in.