What would you pay or think it's worth???

Okay guys. This is outside my experience zone.

I know post war cars well, but this is bordering on greek. I've wanted an old open-top touring car for awhile to play with and this came about. It's even my favorite brand. It's a 1924 Studebaker Touring car, with a recently completely professionally overhauled six engine (everything re-done block sleeved, new pistons, rings, valves, guides, seats, re-babbited rods and block, crank turned, etc).

No rust car, all steel body, good turn key driver, really "needs" nothing to drive.

From a buyers perspective, what should I bargain for price-wise, realistically. NO BS'ers please saying you just bought one for $500! I'm just asking for 'gut' feelings from you guys on value.

 

wow....I have no idea nut thats cool.

 

i don't know, but there is a 1917 Studebaker touring in hemming 's that says it is an older restoration, six cylinder, open car. maybe close to the same? they are asking 10500.00 for it.

 

Worth over $10,000 easy, try for less.

 

I would guesstimate around 9,500- 11,500. It looks really well done & as you say, has been completely gone thru, internally. I would imagine that wasn't cheap, especially on an ol' Stoody. I wouldn't think NAPA & CarQuest keeps all those pieces in stock, ha.
Looks like a nice piece. My friend has a '31 Tudor & it's an older resto & needs the waterpump replaced, or rebuilt, & he's asking 12K for it. Of course, that doesn't mean he's gonna get it, ha.

Hope this helped. Good luck!

 

Man, that thing is gorgeous... I think at least 10-15k, but, thats an uneducated guess. Could even be more. My advice, buy it if thats what you've been looking for. I dont think you can go wrong...

 

The Manheim Gold Book value for a '24 Studebaker Special Six, Model EP, in excellent condition is $11,000.

If it's a Big Six, Model EG/EK, the value for excellent condition is $13,000.

Scan through prewarcars.com to see what people are asking for that car or others similar.

 

$28.17... ofcourse i'm kidding. neat *** car. if i had occasion to buy it at a reasonable price i'd just cruise the **** out of it AS IS! totaly cool.

 

Thanks for the replies so far.

I'm thinking about it just for a fun local thing to putz around in once and awhile just "as-is". I've owned lots of post-war studes, but never a pre-war.

The asking price is $8,000 and I think the guy will be pretty firm to that from listening to him.

 

at 8 to 10 grand ya can't really get hurt plus what a kool ride for a change of pace.........

 

Thanks guys.

 

Right on! Keep us informed, and join the Studebaker Drivers Club while you're at it.
If you need stock parts - they'll have 'em, or know where you can find 'em.

 

I've been a member of the SDC for several years now, without the club I doubt I still would be running a Hawk and Lark.

 

When you consider the fact that $7500 will only buy you a decent (but boring) fairly late model used car, I'd say you ****in' stole it! Congrats on an excellent score.