New to the forum and my new Olds
September 26th, 2011, 12:05 PM
#1
New to the forum and my new Olds
Hi all. I'm looking forward to getting to know fello Olds owners. I recently acquired (still need to pick up) a 1962 Ninety Eight Holiday Sedan, 4dr hardtop with the 394 high compression V8. Loaded. Needs restored, but overall in good shape. Needs a fuel pump, tires, quarters, and most likely many other things. Any input on the car? Value? Interested buyers (might be willing to flip it)? Tips on getting it back on the road? THANKS! Mike
September 26th, 2011, 12:28 PM
#2
Registered User
Join Date: Jun 2009
Location: southeastern Michigan
Posts: 14,143
The car looks pretty nice in those photos.
Be advised that no body, trim, or interior parts are reproduced for the full-sized Oldsmobiles. Quarter panels will have to come from a donor car, as would bumpers, any other body parts, seats, armrests, door panels, etc.
The four-doors are generally less desirable than the two-doors or convertibles, but being a hardtop will add some value.
The Old Cars Price Guide lists the value of a '62 98 4-door hardtop (called the Holiday Hardtop) in #4 condition (runs and drives but needs complete restoration) at $4000. In non-running but restorable condition, the value given is about $2500. Get it to #3 condition ("car show" condition but not showroom condition), and the value listed is $9000. I'm guessing from your "getting it back on the road" comment means that it does not now run?
These are all very average numbers, and any individual car will have its peculiar pluses and minuses that affect value.
I don't know what you paid for it, but if you tried to sell it, maybe you could make some money, but you have to find a buyer, which can take time. But you never know unless you try.
Be advised that no body, trim, or interior parts are reproduced for the full-sized Oldsmobiles. Quarter panels will have to come from a donor car, as would bumpers, any other body parts, seats, armrests, door panels, etc.
The four-doors are generally less desirable than the two-doors or convertibles, but being a hardtop will add some value.
The Old Cars Price Guide lists the value of a '62 98 4-door hardtop (called the Holiday Hardtop) in #4 condition (runs and drives but needs complete restoration) at $4000. In non-running but restorable condition, the value given is about $2500. Get it to #3 condition ("car show" condition but not showroom condition), and the value listed is $9000. I'm guessing from your "getting it back on the road" comment means that it does not now run?
These are all very average numbers, and any individual car will have its peculiar pluses and minuses that affect value.
I don't know what you paid for it, but if you tried to sell it, maybe you could make some money, but you have to find a buyer, which can take time. But you never know unless you try.
September 26th, 2011, 12:32 PM
#3
Registered User
Join Date: Jun 2009
Location: southeastern Michigan
Posts: 14,143
As far as getting it back on the road, from your photos, it looks very clean, but you haven't shown us the engine. Is it complete? Just add a battery and turn the key?
How long since it last ran? If it's any length of time at all, you're going to want to change coolant and oil, check power steering fluid, change the spark plugs, replace that fuel pump, and make sure the engine is not seized. If you want to not just start it but actually drive it, you'll want to thoroughly check the brakes, make sure the tires are OK, and check the steering and suspension.
How long since it last ran? If it's any length of time at all, you're going to want to change coolant and oil, check power steering fluid, change the spark plugs, replace that fuel pump, and make sure the engine is not seized. If you want to not just start it but actually drive it, you'll want to thoroughly check the brakes, make sure the tires are OK, and check the steering and suspension.
September 26th, 2011, 02:26 PM
#6
Registered User
Join Date: Nov 2007
Location: Rathdrum, Idano
Posts: 9,127
Welcome to CO
I like the big 4 door hardtops. You can easily put a passel of kids in the back seat of that 98. Might have to add a passel of seat belts as well
By the way anyone know how many kids make up a passel anyhoo?
By the way anyone know how many kids make up a passel anyhoo?
September 28th, 2011, 12:52 PM
#7
The car was actually given to me, so ZERO investment as of today. I have to spend $100 to get it towed, a hundred or so on a decent set of used tires and whatever a fuel pump costs, plus new fluids, plugs, etc. The previous owner has had it 25 years and drove it regularly until several years ago. He began replacing fuel lines and then determined that it needed a pump. He stopped there and it has sat. He wants it gone. I'm happy to help him with that! lol
September 28th, 2011, 01:40 PM
#10
Registered User
Join Date: Jun 2009
Location: southeastern Michigan
Posts: 14,143
Yes, it does look good. In fact, it has a nice "patina" from use, but no evidence that anyone has ever mucked around under there and messed things up. It ought to clean up real nice.
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