There is a senior at my school that has a few x body cars. He has a 74 omega. Original k code car, 350/350. Looks to be the omega "s" model. What is the value for it? He said $5000 but i dont think it is worth that much with an auto trans. I will see if I can find a picture of it

 

$5000 isn't unreasonable for a mid 70s Omega if it's in decent condition. Hopefully you can post some pics. The thing I would worry about would be rust, especially since you're in MN.

In fact, if you're from Mankato you can check out Hemmings. There are plenty of Oldsmobiles for sale from an old collection near there. Check it out!

http://www.hemmings.com/classifieds/...8/1838131.html

 

You haven't mentioned the condition of the Omega. Is it rusty, interior condition, does it need work?

 

A '74 Omega in showroom condition might be worth $5,000 on a good day with the sun shining and the wind at your back. More likely this is a 42 year-old car that needs pretty much full restoration. In this case it's worth $1500 to $2000. What transmission it has doesn't affect value as much as what engine it has. A V-8 will put the value to the high end of this range. A Six will move the value lower by a couple hundred dollars.

As oldcutlass says, we really can't tell you anything until we see photos of the car. But even then, like I say, it will not likely be worth $5,000. These cars are seen by most people, fairly or unfairly, as rebadged Chevy Novas. They do have a following, but it's small, and demand for these cars is very low. This keeps the value down no matter how rare the car might be or what condition it's in.

 

Here's another source of Omega values. It's a little more optimistic than I was above. One thing interesting to note is that, with this source, a manual transmission decreases, rather than increases, the value.

http://www.collectorcarmarket.com/co...ega-value.html

 

The owner doesnt have any pics on hand and the car is still in storage. I think i still have a pic of it around on my laptop. It looked like a good driver quality car.

 

Your $5000 ceiling on a showroom condition Omega is harsh & not in keeping with my observations. I understand what you are saying but I have seen very nice 73-74 Omega change hands in the $9500-$12000 range. That is for mint well equipped numbers matching cars. I agree that a project car wont bring $5000.

 

x2

Of course, we can only guess since we haven't seen any photos.

 

I agree but I don't think matching #'s is that big a deal for a car like this.


It may be regional but by me any cruise night car from that era with a V8 & two doors in good condition will start @ $5K.

 

We won't have any idea until we see some pictures. One thing to remember is the 74's were slugs. This was the year before they went to the catalytic converters and these cars were so detuned to get by the emissions standards. I had a 74 Monte Carlo and it was pathetic compared to the 72 I had and they were both 350's with 2 barrels.

 

That's why I don't think matching #'s is a big deal. To me, matching #'s only matches if it's the right #'s. In a car like this personally I'd like a nice warmed over 350 with some more ***** to it whether it was original to the car or not

 

I would think if it's an original S that would help the price considerably. As far as auto trans verse man I think what maters most would be having the original one. If want you a car no one eles has $5000 is very good provided it's good condition. But than I am partial.
Railguy

 

Bingo. This would be a boring car if it is bone stock. A nice warmed over SBO, nice wheels and nice exhaust and you are talking about a fun car. And you are driving something you sure don't see every day.

 

I believe it is an s model, having the ss3 wheels, sport mirrors and even though it isn't part of the option package the 350 rocket. Trying to get pics but the kid is being stubborn about it. Saying he doesn't want his time waisted... He'a 19 and has tons of time I am guessing. A little backstory: his dad owns fromm's auto in mankato, MN. He has a maroon nova and the maroon omega. Omega for sale nova is not as it was his dads car in highschool. The omega was apparently bought from an old lady (orig owner?) who apparently backed into something and did some damage by the taillight and is for sale. Looks completely stock on the outside not sure what under the hood is. I like omega's having the ss3's, 350 rocket and all but the only thing i wouldn't like is everyone asking if it is a nova. Railguy what are the specs on yours? Pics?

 

Its worth only what you are willing to pay IMO. If he wants 5K but you don't think its worth it then pass up on it.
Every older car is worth different values depending on condition. You can get a ball park idea as others mentioned. Hemmings is a good starting point with a value.
I've seen Omega's for 10k + also see some for $1500.00 and less.

 

I v owned my 74 since 83 84 . I bought it, it had 11-12 k miles on it. It was no race car but far from a dog . 350 Quadrajet th 350 trans.
Here's a pic from ocean city this spring. Go group 28 pic 37.
Railguy

http://www.photosportsusa.com/projec...md-may-19-22/#

 

Good luck finding a tail light if it's broken. Chrome trim is even worse. Bumper is same as as nova in 74.
Railguy

 

He did say he had all the parts to fix it and it might be fixed now who knows. Good to know about the bumper. Saw on cl a non running good bodied 74 omega no title $500 good parts car. I agree with everyone on the motor, it doesnt matter if it had a 350 originally or not. Too bad it doesnt have a 4 speed. silly old lady checked the box on the automatic... Rocket motor and a 4 speed would have been really fun in a little olds. Of course you can always add it in.

 

I put a 5 speed in mine . 3.43 gears limited slip rear over drive for the high way.
Railguy

 

You won't find a factory 4 speed Omega. Auto trans or manually shifted column or floor shift 3 speed only.

 

Even the S's were 3 speed?
Railguy

 

brochure says 3 speed manual or auto only.

http://www.lov2xlr8.no/brochures/olds/74om/bilder/7.jpg

nothing wrong with 3 speeds - I like them

 

Nothing wrong with a 3 speed but a 4 speed is just cooler. I guess in a way you could make a 432. I think if I got any omega i would have a custom 442 oai hood made and somehow incorporate the 72 442 grilles. Another thing would be to take a 68-72 nova body and put the hood, wing, and all the olds goodies on and make a 442. I also wonder if anyone has ever tried to make an x body with no post...

 

I always thought it would be nice to put a 4 door ,door on it "shorter"than make a little suicide door on the back like the pickup trucks have .
No post you would have to beef up the under side pretty good.
Railguy

 

Finally got a few pictures

 

He wants $5500 for it. 64k miles. Coupe not hatchback (+ in my book). What do you guys think? All stock except for the ss3s and dual exhaust.

 

I think that's one darned nice looking Nova.


As for value, I think he's too high, and you'll be paying more than you could sell the car for.
Collector Car Market Review agrees.
If it's got P/S and A/C, they say it's worth $1,600 in #4 condition, and $3,475 in #3 condition.
You didn't post enough photos to be able to peg its condition accurately, but odds are it's a #4 (maybe #3-4), so maybe $2,500 to $3,000.

Of course, everyone around here tells me I"m a cheap SOB, and you'll now hear 100 other opinions.
Who knows, maybe if he listed in in Hemmings and put it up on eBay, he'd get that much, but I think he'd wait a LONG time to have someone come by and give him $5,000 cash for that car.

- Eric

 

I think its a $3500 car without knowing any more details. Its probably still going to need some work and should be considered in the purchase price.

 

It is a low mileage car and a good color. It already has dual exhaust on it that would probably cost you at least $500. The SS3 wheels look good. If the tires are good and the interior is nice I would probably go $4,000 if I really liked it.

 

White column shift bench interior. Thinking about it right now.

 

Dude, the guy is snow-jobbing you. The car is NOT WORTH 5k.

Ok, next time you take a leak, go do a cancer-lump check on your nads, because it's a good idea for us all to do that, but realize, while you're down there, that those are NUTS and you're a MAN. Do not let someone gaslight you into paying out the *** for something that isn't worth it.

Figure out, here and now, what you are going to offer. Then figure out your max.
Take ONLY that money with you. Make the offer, negotiate up to your max if you must, then, if it isn't going to happen, WALK.

I bought a used SUV last year. He wanted 5250. I offered 3500. We settled on 4000, and I had cash right there. Money talks, have it in an envelope. Also, realize that he wants to sell, and you only want to buy if it's the right price. You have control, not him. Do this on your terms, or not at all. You will be much happier with the car if you get it for 3500 than 5000.

 

I never said I was going to pay $5500 for it no sir. Thing is he is not sure if he wants to sell, says he is going to school for auto body and wants to restore it because it is "a rare car". Now I believe that he will realize that it isnt as rare as say a 442 and not worth as much as a 442 and will lose interest.

 

Phantom, I think I would walk away now and tell this kid to call you if he decides to sell the car. I think he is probably a young punk who is just playing a game with you. Tell him your offering price and then walk away. If he calls ask him to have the car ready with the title when you get there. In the meantime go look for another car. There are plenty of them out there.

 

That is exactly what I was thinking. I like cutlasses better but this appealed to me because it is local and the kid's dad owns a dealership so it is probably in good running comdition.

 

"Shoemaker's kid goes barefoot."



- Eric

 

Last weekend I saw a 74 Omega change hands for under $3k. It was in a little worse shape than what you pictured. My advise was lower than that for that car, but it was a personal attachment thing, because "it was like the one they use to have". Point is: you just stated that it's not what you really want. Don't pay a premium just cause it's close and it's kinda what you want. You won't be happy in the long run. Been there done that. Save your money, pay the premium on what you want.

As for this car, if you do decide it is what you want. I agree with others go see it make an offer. From what you have said, he is gaining the upper hand in any negotiation as he is delaying, giving you tidbits, and you keep showing interest.

Your money, your choice.

 

Sadly I must agree it's not worth that much. But look on the Brite side. I feel very strongly that he is not going to sell it at that price . So don't say anything to pi$$ him off.like telling him he wants to much for it . Later you can make a more realistic offer. Offering 2k now could put you pretty low on his list.
Also I think it should have stainless rocker moldings. If they're missing it more than likely had body work done so I'd check for puddy.
Railguy

 

Hey be careful throwing the "N" word around. "Nova"
Also "cheap SOB" ? I never thought you were cheap!
Railguy

 

My wife tells people that when I open my wallet, moths fly out!

... So she figures it's her job to spend all the money I don't.

- Eric

 

Yeah, if he spent any money, he would've painted over that pink!