Hot Rods First post, and a question. Is it worth it?

Big red flag if he doesn't even "know who the legal owner is". Was it on the property when he bought the place? He can probably file for an Abandoned vehicle lien.

I wouldn't even leave a deposit let alone buy it until the****le is straightened out. Don't buy the car with the promise that he'll 'work on getting a****le'.
Hopefully he's a handshake Man of his word type of Gentleman and will hold the car for you while he works out the****le snag.
With****le, the car is "a good buy"
Without****le, the car is "a goodbye".

 

I can vouch for that! mainly from the rock salt they dump on the roads in the winter. They've switched to a corn based alcohol liquid type of de-icer but only in some cities. It seems to be a little easier on body panels.

 

I think you need to do a little cost*****ysis on this. Start pricing out the things you know you will need to make the body and interior okay (drivable). I am going to throw out a number ...$4k. Now look around at the classifieds in your area, and see what you could get for $5500. What is your experience level? Are you in love with this particular 'rare' style? There is an expression I like "buy the paint"...in other words, the paint and body eat a lot of money and time.

Good luck either way!

Kelvin

 

"He doesn't even know who the legal owner is". That's either a time to walk or the****le of a new thread in about 3 months.

 

Yes and No. The '49/'50 Olds model 76 and 88 shared the GM "A" body with Chevy, Pontiac and Olds.
The '48/'49 Caddy, '48/'49 Olds 98 and '49 Buick Super and Roadmaster shared the GM"C" body, which while very similar in appearance, is physically larger and varies in some details, the windshield corner shapes for one.

Technically, only Buick called them 'Sedanets', Olds and Caddy had different names for the fastback style. In common usage they were often referred to as Sedanet or Fastback.

Ray

 

Don't worry, I'm not going to buy it without all the paperwork all ironed out. I doubt I'll pay $1500 for it in the condition it's in. That said, I would buy it if the price is right.


Sent from my iPhone using Tapatalk

 

Totally depends where you are from in Canada... You can't say that it is the same across the country. In Southern Alberta it is common to find 1950's vehicle with less rust than 2010 vehicles from Ontario or BC. I have a few perfect examples sitting in my yard!

But don't tell anybody ... don't want them scooping our stuff!

 

Cars like that I offer scrap prices for, and wait on the person to react. If it doesn't have a****le buy it for as cheap as you can by haggling down the price to a few hundred bucks. Then hedge. Say no I won't. Point out everything that is wrong with it, the rust, the missing parts, the rust, the missing****le, all the rust, the interior and glass, and the rust. Offer even less, after you've done that. Tell him you'll get rid of it for him for a couple of hundred, and then say "It's just rust. I can't sell rust." I'll be real nice and give you fifty bucks, and move it for you." You know. Mess with the man's head. The idea is to get the car. He let is sit there. You want it. It should be your car. Not his. In the end you either make him your friend, or make him hate you, or get the car. Tell him you want both of you to win. No****le equals scrap. Scrap metal is down. It's a circle. Wear him down. Then. Take out your shoe box full of singles. Show him that. I'll give this box of money for it. How much money? You can count when we make the deal. Crazy. Life is crazy. First rule is to not want the car. If you do, you're screwed. You always have to be willing to walk away without feeling any pain. Because you didn't want the car. You wanted the deal. It's all about the deal. You know that. He knows that. Like playing poker. You may have*****ty cards. He may have good ones. It's not about the cards. It's about how you play the cards you have.

 

Title is crucial to me. Those cars have a ton of aftermarket support. Discs and a v8 are a bolt in deal. If the floors are did do it. I'm on my 3rd 49-52 Chevy. Offer him a G. Don't be too eager...

Posted using the Full Custom H.A.M.B. App!

 

I would pass....my 2 cents

 

I'm from MN not Canada..I can't comment on the conditions there.

 

Do yourself a BIG favor and "pass" on the opportunity to own this money pit. You can buy one "done" for what you will end up spending on that car.

 

You guys down there need to understand something. We do not have vehicle****les here in Canada. Ownership is determined by the last valid vehicle registration.

When a vehicle is sold, that registration is signed over to the new owner, sometimes accompanied by a bill of sale.

Without that ownership can be shown by a bill of sale.

If the guy selling it has owned the property for a long time and the car has always been there, there is a good chance that he can legally say that he owns it.

That can all be sorted out quite easily.

I think that you guys saying to pass should take a step back and think about what you are saying.

Sure you might be able to buy something built, but then you won't have the fun and learning experience of what this hobby is all about.

Any idiot can lay out the $ to buy a ride.

I'd say that when the paperwork gets sorted out I would take it home for a fair price of $1000.
After that the fun can start and it will be a nice car when done.
Good luck.

 

back in the day they used sand or nothing at all guy just put on tire chains and let the snow become hard pack. where I live we have a salt mine so we have been using salt for ever that leaves a lot of rotting unless people take care of their cars. we pay good money for rusted out POS's here from the 40's all the way to the 80's and we don't b**** and moan about rust/rot

 

Blue One: that is almost true. But with our lovely government insurance corp in bc it becomes complicated. He has to go and request a new registration for the car. If it's not in his name (likely his dads or his uncles) we have to get whoever is on the last regi to sign the car over to me if I buy it. If it's not in his family then the process gets even more involved with records searches etc. honestly if it goes that route I doubt I'll buy it. I've got my fingers crossed it's still in his family.



Sent from my iPhone using Tapatalk

 

I am all about getting the best deal but I treat people with respect. Guys who nit pick my stuff to death trying to bleed out the last penny like you suggest go home empty and are not invited back., that is one of the biggest reasons I hate selling anything. When I buy something I look it over, respectfully make an offer and we either discuss or I thank them for their time and head home.
I cant say how much that car is worth on one picture but if I would consider it a solid savable car I would pay $1000 just to have a fastback, I like those cars.

 

^^^^^^what he said^^^^^

 

Dave, I was not talking about selling, even though it can be as much fun as buying. Respect is not a given. A man has to earn respect. I only respect those who acknowledge that I am a guest when I come to where they are trying to sell me something. Where I come from, a guest is always shown respect, and given plenty of room if he is carrying money he wants to part with. Only someone who is rude would insult a guest. Only a fool would insult someone who is willing to buy something and has the money to pay for it. Haggling is a process. If you can't haggle, you can learn; even children can be taught. Selling requires flexibility and an awareness of what is at stake, as is buying. Of course, if you offer something up for sale, trying to determine the parameters of what you will, or will not do, is limited only by 1. The amount you want for the object --- also known as motivation. 2. What you're asking for it. 3. What you're willing to take. 4. The point between 2 and 3 where you can still make a profit. All the rest of the process is a dance. And, like we all know, some people have two left feet. Others glide like their feet are on rollers. Being pious, holding a firm position, having a sour attitude, and others psychological factors can queer a deal in a New York instant. There is an old saying that if you are fishing and a hungry man comes up, if you give him enough fish to eat to stop his hunger, he will get hungry again. If you teach him to fish, he will never go hungry again. The Original Poster's question caused me to think I was imparting a little wisdom to those who get caught up in buying cars. I didn't post it for you. I didn't post it to make you angry. From your tone, you were angry when you read my post. I figure, you'll be angry if you read this one. I like fastbacks, aerocars and all the other iterations GM created. I've owned a Buick Sedanette, and the vehicle pictured could be nice, if there's not too much rust. The only thing is, you can't expect to make a silk purse out of pig's ear unless you have the skill sets. Like real estate, that is always priced according to three factors, location, location, location. A car that does not run, and has been parked outside in the elements for a period of time, years perhaps, the first three factors of price are condition, condition, condition. And, is it the year, make and model you want to spend more money bringing back into good working order? And, here you need to think long and hard about the other factor: the ratio of the original purchase price against the overwhelming large amount of money you will need to send over a period of time to 'fix it'. That is why I suggested what I did. Perhaps you have other ideas that will impart more wisdom without finding fault in my humble attempt to impart a little knowledge of my own. Many thanks to all who seek beauty in the guise of old rusting hulks, and the dreams they inspire in our hope for a better tomorrow, when they have been remade better than new, and the exact replica of what we first imagined when we first stumbled on them in our quest for better than we have, and more than we had. Let them all purr like kittens and be fleet of foot like cheetahs.