car value?

I have a chance to buy a 1930 chevy 2dr sedan older restoration, hasn't run or moved in 6-8 years. They want $4,000 and it is about 5 hours or so from me. I know picture's would help and i will try to get some for you. My question is what is the car worth and is there a market for resale? I was hoping on buying, get it running, driving and selling to make some money to help finance my coupe project. Any input would be a great help.

 

Your right,Pictures would help.

The early Chevys are termite delights and if the wood is bad you are in for a huge job replacing it.

These cars are wooden skeletons with sheet metal nail to it.

I won't go as far as saying there is no market for them but your not going to have the potential buyers if it was a Model A. HRP

 

If it's a solid car, then that's probably a reasonable price. But condition is everything...and there's no way to know the condition without a thorough inspection by a competent person.

 

Let's say it a solid car what's it worth?

 

uh....."If it's a solid car, then that's probably a reasonable price."

 

Not running ,unknown condition,,about what they are asking. HRP

 

I'd put that money toward a model A.. You could buy one in like condition for not much more money and would have a better resale value...

 

I have been buying and selling old cars/projects/hot rods for a long time. I stay away from Chevys prior to 35/6 as there is so much wood in them. But here is what I am finding in the past few years regarding buying old cars. There are LOTS of cars for sale and not that many buyers. Just look at the HAMB ads as an example. Most of them are owned by guys my age (60 plus)). People buy what they relate too and unfortunately most young guys are NOT into hot rods. So the market for old cars has narrowed as time goes on because the majority of the guys interested in old cars either have one already or are watching their funds closely as they age. Younger guys are buying new "hot rod" Camaros and Mustangs, not 1930s Chevys. So my advice would be, dont buy it unless you have a buyer lined up or its so cheap you cant get hurt. I hate to admit it but today its much cheaper to go buy a done hot rod that it is to build one. All of this is just my opinion that has developed over 30 plus years of building and buying old cars. I am very careful about what I buy to try to re-sell.

 

I think that is a good price if as stated, it still has good wood.
(at my age, I wish I had good wood)

 

not a car with a large resale market...

 

I think this opinion/advice is spot on!

In addition to which, why do you think you are buying it at a low enough price that there is enough 'room' to make money on it when you decide to flip it. The fact that you are seeking opinions on it's worth suggest you are not familiar enough with the market to be speculating with a good chance of a successful outcome.

 

Personal RULE #1, never buy a car you don't like the looks of. Nothing looks worse or kicks you in the **** like an ugly car that is in your yard/garage that you can't sell. Bob

 

Life's a ****shoot; sometimes you win and sometimes you loose.But if you don't at least TRY not much happens at all. If the car is solid and complete you should be able to make a couple of bucks.The 30's Chevy's looked a lot like the 30's Fords,and someone will fall in love with it and have to have it.Worse case you break even.Hard to tell without LOTS of pictures, or better yet going to see it. If you're planning a roadtrip , put some dough in yer pocket,hook up the trailer, and give me a call. I'll ride shotgun if you like. Good Luck! Your neighbor, Mike

 

Buy Fords, sell Fords, make money. Its a real thing. People think lots of things look cool and if its solid....................whatever........ in the early 1930's, only Fords for $$ when discussing run of the mill cars

 

A real nice, cleaned up, ready to tool around town sedan like that should bring $7K pretty easy, ***uming the paint and interior aren't totally ****. But if you have to buy 4 new tires, have a radiator recored, ect. to make it driveable, there won't be any meat left on the bone when you're done.

If all you have to do is tune it up, clean and detail it, and put it out for sale come spring, I'd think you could make a few bucks. Not a ton, but truly driveable old cars sell pretty easy in the springtime. As long as the buyer can drive it home safely. As a project, $4K is probably all it's worth, if that.

 

Corndog is right.


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I agree with corndog. I think you should buy cars that you will like to drive and will enjoy working on. It's always a gamble trying to make money reselling a car.

 

AMEN !...... Preach it Brother Bob !!!!,... I picked up a 46' Chevy coupe that was a darn nice looking car, and I even liked it,... But what has been my experience with all non Fords I have owned in the past,..... I lost my **** on it !..... Good luck,.... But I think your rolling the dice on this deal.

 

Get a firm price. Since you want to sell it, try find a buyer for it before you buy it. These guys love to call'em termite cars, although Ford T's were no more than sheet metal tacked on to a wood sub-structure. "Alex..... I'll take termites for $1500 hundred

 

Thank's for all your advice I think I will stay away from it. There's a 29 on ebay right know I think I will watch and see how it does.

 

Adam 401 is right---and after 55 only chevies are a lock and others are only maybe's...

 

Buying a car to fix it up to flip it to fund something else never worked for me. Concentrate on what you like best.

 

Well said! "BULLY"