The Newbie Forum The place where you should introduce yourself. Do not ask technical questions here, use the site forum sections.

68 Oldsmobile 98

Thread Tools
 
Search this Thread
 
Old Feb 4, 2020 | 12:49 PM
  #1  
Louielouie's Avatar
Thread Starter
Registered User
 
Joined: Feb 2020
Posts: 3
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
Old Feb 4, 2020 | 01:00 PM
  #2  
Olds64's Avatar
Moderator
 
Joined: Jul 2007
Posts: 18,253
From: Edmond, OK
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
Old Feb 4, 2020 | 01:07 PM
  #3  
Louielouie's Avatar
Thread Starter
Registered User
 
Joined: Feb 2020
Posts: 3
I don't have any pics on this phone but can get some in the next couple days it's barried in my shop. It will need a paint job
Old Feb 4, 2020 | 01:07 PM
  #4  
oldcutlass's Avatar
Administrator
 
Joined: Oct 2009
Posts: 42,512
From: Poteau, Ok
Welcome to the site, look forward to some pictures.
Old Feb 5, 2020 | 04:23 AM
  #5  
Olds64's Avatar
Moderator
 
Joined: Jul 2007
Posts: 18,253
From: Edmond, OK
Is it a 2-door or convertible? The sad thing is that the 4 doors don't have as much interest even though the 4 door hardtops are classy. I'm biased of course.
Old Feb 5, 2020 | 05:09 AM
  #6  
Louielouie's Avatar
Thread Starter
Registered User
 
Joined: Feb 2020
Posts: 3
Originally Posted by Olds64
Is it a 2-door or convertible? The sad thing is that the 4 doors don't have as much interest even though the 4 door hardtops are classy. I'm biased of course.
It's a 2 door
Old Feb 5, 2020 | 07:07 AM
  #7  
jaunty75's Avatar
Registered User
 
Joined: Jun 2009
Posts: 15,200
From: southeastern Michigan
Originally Posted by Louielouie
Just based on that what would be a good asking price for it
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,
Old Feb 5, 2020 | 07:34 AM
  #8  
Greaser007's Avatar
Registered User
 
Joined: Oct 2018
Posts: 69
From: Redding, California
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 !

Last edited by Greaser007; Feb 5, 2020 at 07:39 AM.
Old Feb 5, 2020 | 12:05 PM
  #9  
jaunty75's Avatar
Registered User
 
Joined: Jun 2009
Posts: 15,200
From: southeastern Michigan
Originally Posted by Greaser007
there was a recent post where an early *****'s wagon sold at Meccum, I think, for $31k.
There's Mecum/Barrett-Jackson/whatever, and then there's the real world. Yes, vehicles sell for what at times seem like insane sums at these auctions, but those are the vehicles you see on TV that are featured at the end of the auction week. There are a fair number of vehicles at these auctions that do sell for 3 or 4 or $5,000, but these all cross the block early in the auction week, and they get no publicity.

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; Feb 5, 2020 at 12:08 PM.
Old Feb 6, 2020 | 06:00 AM
  #10  
Olds64's Avatar
Moderator
 
Joined: Jul 2007
Posts: 18,253
From: Edmond, OK
Louie, if your car needs a paint job then make sure it runs great, meticulously detail it and list it for $7k. GLWS!
Old Feb 12, 2020 | 04:17 PM
  #11  
drjimz's Avatar
Registered User
 
Joined: May 2011
Posts: 61
my 69 98 4dr LS is insured with Hagerty for $10k. Not sure if I could get that if I sell it tho. Turns heads and gets compliments whenever I take it out so whatever. Great car.
Related Topics
Thread
Thread Starter
Forum
Replies
Last Post
Dutchman
Cars For Sale
1
Feb 13, 2020 04:50 PM
janne58
Chassis/Body/Frame
0
Sep 20, 2012 08:13 AM
janne58
General Questions
0
Sep 20, 2012 08:08 AM
72 cutlass455
General Discussion
9
Jul 9, 2009 04:22 PM
wfrs2007
Ninety-Eight
0
Jul 26, 2007 02:35 PM




All times are GMT -7. The time now is 12:04 AM.