68 Oldsmobile 98
#1
68 Oldsmobile 98
Hey guys I'm new to this, I have a all original 1968 Oldsmobile 98 with just under 26,000 miles on it and the 455 rocket the interior is all but perfect. The body is straight no dents or rust holes... Just based on that what would be a good asking price for it
#2
Pics are needed... STAT!
According to Hagerty a "good" condition 1968 98 2 door Holiday Coupe is valued at $7,700. An "excellent" condition car is valued at $11,200. A "concours" car is even higher, but chances are your car couldn't be in this category even with the low mileage.
https://www.hagerty.com/apps/valuati...e-Ninety~Eight
According to Hagerty a "good" condition 1968 98 2 door Holiday Coupe is valued at $7,700. An "excellent" condition car is valued at $11,200. A "concours" car is even higher, but chances are your car couldn't be in this category even with the low mileage.
https://www.hagerty.com/apps/valuati...e-Ninety~Eight
#7
Even without photos, the range of possible values for this car is not large. Assuming it's as-described: clean interior probably needing a clean-up, exterior good but paint is faded and needs to be redone, runs ok but the engine bay needs detailing (although we have not been told whether or not the car actually runs and drives), the value is somewhere in the $3,000 to $4,000 range. If it doesn't run, perhaps $2,000. The low mileage will certainly help,
#8
Welcome aboard Louie !
I think Haggerty values must be close to real-time. When looking for value, I will check Kelly Blue Book (low-values), and NADA Guides and Haggerty, all three.
Sometimes I wonder if Haggerty values are based on what people are currently insuring their vehicles for ? And maybe what vehicles are selling for too ?
I know I always hope that there may be resale value after dumping way too many $$$ on a project. But look at the fun of the parts chase, which may take our minds off of the daily stresses and decision making or job and family duties.
I hate to admit that maybe Jaunty75 is correct on current values of the $4k range. That is a real curse for recovering invested $$$ because we can quickly dump $3k or more into a Long-block build, not including induction and the rest of the drivetrain _ _ _ and rubber.
Over on the OldWillys forums, there was a recent post where an early *****'s wagon sold at Meccum, I think, for $31k. There was some discussion of if the wagon was truly in fact worth the $31k. So when I looked on Haggerty, the high-retail value was $31K. go figure.
And at that value, the new buyer hasn't had to break-a-sweat spending "hours and days" of restoration labor and $$$$.
So, it made me think that a '62 rare 2wd *****'s wagon that had the factory straight axle up front with a nice '71 Olds 455 with a 4-speed auto trans would be sweet.
Have fun !
I think Haggerty values must be close to real-time. When looking for value, I will check Kelly Blue Book (low-values), and NADA Guides and Haggerty, all three.
Sometimes I wonder if Haggerty values are based on what people are currently insuring their vehicles for ? And maybe what vehicles are selling for too ?
I know I always hope that there may be resale value after dumping way too many $$$ on a project. But look at the fun of the parts chase, which may take our minds off of the daily stresses and decision making or job and family duties.
I hate to admit that maybe Jaunty75 is correct on current values of the $4k range. That is a real curse for recovering invested $$$ because we can quickly dump $3k or more into a Long-block build, not including induction and the rest of the drivetrain _ _ _ and rubber.
Over on the OldWillys forums, there was a recent post where an early *****'s wagon sold at Meccum, I think, for $31k. There was some discussion of if the wagon was truly in fact worth the $31k. So when I looked on Haggerty, the high-retail value was $31K. go figure.
And at that value, the new buyer hasn't had to break-a-sweat spending "hours and days" of restoration labor and $$$$.
So, it made me think that a '62 rare 2wd *****'s wagon that had the factory straight axle up front with a nice '71 Olds 455 with a 4-speed auto trans would be sweet.
Have fun !
Last edited by Greaser007; February 5th, 2020 at 07:39 AM.
#9
I went to the recent B-J auction in Phoenix last month to look at all the cars. Here's a sampling of cars that sold for very reasonable money.
Lot #8, 1985 BMW 328i convertible, sold for $5,500
Lot #12, 1995 Ford Mustang convertible, sold for $5,500
Lot #13, 1993 Chevy Caprice station wagon, sold for $3,250
Lot #15, 1985 Chevy Corvette, 36,000 miles, 350 with 4-speed, sold for $6,600 (I wish I'd have been there---I might have bid on this one!)
Lot #17, 1947 Packard Clipper sedan, sold for $7,700
Lot #17.1, 1959 Studebaker Lark, sold for $4,400
Lot #18, Jaguar XJS convertible, sold for $3,205
The list goes on. All of these cars were sold early on Monday of auction week, probably while most of us were still in bed. But they are good cars and likely in better condition that the OP's car given his description. I think that, if he took this 98 to a B-J or Mecum auction in its current condition, they'd take it, and it would sell for $3,500. Hagerty, NADA, and all that are fine, but find me a person who is going to pay $11,000 for a '68 Olds 98 in any condition that's not a convertible. It's one thing to claim a car has a certain value. It's another thing to find someone willing to pay that amount.
Last edited by jaunty75; February 5th, 2020 at 12:08 PM.
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