1972 3.0 CSi for sale in Northern California
- Thread starter aquilas7
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not trying to beat up on you, but i would expect for a price north of $25k that rust and paint issues to be resolved.
There is no way you can get that asking price here...or anywhere near it for that matter. $5K car...maybe. Confounding sales ad, from your descriptions, none or very little of the rust, paint, mechanical and electrical issues have been addressed to justify asking almost $26.5K. Please do your E9 homework first. Sorry for being so blunt...e9coupe guys here really know their coupe stuffs. :confused:
execmalibu
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I bought this 1972 CSi in LA 3 weeks ago for under $9K
Your car looks like a nice car and $5,000 is too low but your car still needs many thousands of dollars of work... Also a propane conversion on this car means lots of extra large holes for lines and other mods were done that need undoing... I would love to see E9 values skyrocket because I own (4) of them see photos. The most expensive one I bought during the past year was $15,000... The CSi is probably worth more because it has more power but they also have the "Being European" models and therefore "Rusty" stigma. And most CSi dont have Leather Seats, Power Windows, Air etc so they might be and probably are harder to sell...
Also remember it aint a CSL! Then this would be a totally different story.
So you understand I bought this 1972 CSi (1st Dark blue photo) here in LA in late December for under $9k ( I scored) and it has virtually no rust and the car runs and drives great. The car is far from perfect but it already has 70% of the restoration work done and again I can drive it.
Then in SF (your neighborhood) on Ebay about 6 months was ago another 72 CSi that car was about 90% restored (also a Fjord car like yours) and the high bid/selling price was $22,800.
I have been restoring Porsches, MBs, Ferraris etc for many years and I also do some of the work myself. Trust me Restoration costs for even just a nice driver are very expensive. I think you already know this and that is why you are forced to sell. You have done the easy stuff but the very expensive and complicated repairs still need to be done.
Remember all repair shops are charging $70-$130 per hour and even a simple job on a 40 year old car with rust takes extra time. Watch as your mechanic tries to remove something that should take 10 minutes to R/R turn into a 2-3 hour job because of rusty bolts that break off that need to be drilled out and re-tapped. That 10 minute job could cost you $200-$300... Been there Done that!
Here are the basic costs for things that you agree that are required. You might get it done cheaper then what I have listed but believe me it will look a lot cheaper and end up costing even more to redo correctly.
Considering that a metal man would easily charge $2,000 parts and labor for the rust we can see and there will be more hidden rust after he starts taking things apart. Then a minimum of $7,000 for stripping and painting the car. You say the windshield is cracked with a new rubber that is around $600. Fuel injection issues because the idle is random... $500 labor plus easily $500-$1000 in parts (one injector is $220 and there are 6! a used D-Jet brain is $1,000). You say the brakes need work add another $500 parts/labor. Electrical issues with the windows and a new door glass OOPS there goes another $500...
Interior needs work figure $1,000-$2,000 to freshen up if it is usable (nice door panels no cracks in the dash etc) or $6,000 for a new leather interior with a new headliner. Then you have chrome, rubber seals, trim etc etc etc... $3,000-$4,000...
Then a Propane conversion car? If the engine, trans, clutch, shocks, suspension need any minor work... Better include another $2,000-$3,000 because the car is 40 years old and was sitting for a reason.
CSi Wheels and tires $2,000
So to restore your car to be a very nice driver is going to cost around $18,000-$20,000 plus a least a year and then you will be in it thousands more then it is worth now.... Hopefully the market will change but today you will be buried.
Your car looks like a nice car and $5,000 is too low but your car still needs many thousands of dollars of work... Also a propane conversion on this car means lots of extra large holes for lines and other mods were done that need undoing... I would love to see E9 values skyrocket because I own (4) of them see photos. The most expensive one I bought during the past year was $15,000... The CSi is probably worth more because it has more power but they also have the "Being European" models and therefore "Rusty" stigma. And most CSi dont have Leather Seats, Power Windows, Air etc so they might be and probably are harder to sell...
Also remember it aint a CSL! Then this would be a totally different story.
So you understand I bought this 1972 CSi (1st Dark blue photo) here in LA in late December for under $9k ( I scored) and it has virtually no rust and the car runs and drives great. The car is far from perfect but it already has 70% of the restoration work done and again I can drive it.
Then in SF (your neighborhood) on Ebay about 6 months was ago another 72 CSi that car was about 90% restored (also a Fjord car like yours) and the high bid/selling price was $22,800.
I have been restoring Porsches, MBs, Ferraris etc for many years and I also do some of the work myself. Trust me Restoration costs for even just a nice driver are very expensive. I think you already know this and that is why you are forced to sell. You have done the easy stuff but the very expensive and complicated repairs still need to be done.
Remember all repair shops are charging $70-$130 per hour and even a simple job on a 40 year old car with rust takes extra time. Watch as your mechanic tries to remove something that should take 10 minutes to R/R turn into a 2-3 hour job because of rusty bolts that break off that need to be drilled out and re-tapped. That 10 minute job could cost you $200-$300... Been there Done that!
Here are the basic costs for things that you agree that are required. You might get it done cheaper then what I have listed but believe me it will look a lot cheaper and end up costing even more to redo correctly.
Considering that a metal man would easily charge $2,000 parts and labor for the rust we can see and there will be more hidden rust after he starts taking things apart. Then a minimum of $7,000 for stripping and painting the car. You say the windshield is cracked with a new rubber that is around $600. Fuel injection issues because the idle is random... $500 labor plus easily $500-$1000 in parts (one injector is $220 and there are 6! a used D-Jet brain is $1,000). You say the brakes need work add another $500 parts/labor. Electrical issues with the windows and a new door glass OOPS there goes another $500...
Interior needs work figure $1,000-$2,000 to freshen up if it is usable (nice door panels no cracks in the dash etc) or $6,000 for a new leather interior with a new headliner. Then you have chrome, rubber seals, trim etc etc etc... $3,000-$4,000...
Then a Propane conversion car? If the engine, trans, clutch, shocks, suspension need any minor work... Better include another $2,000-$3,000 because the car is 40 years old and was sitting for a reason.
CSi Wheels and tires $2,000
So to restore your car to be a very nice driver is going to cost around $18,000-$20,000 plus a least a year and then you will be in it thousands more then it is worth now.... Hopefully the market will change but today you will be buried.
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I see myself as the self-proclaimed defender of guys who ask a lot of money for their coupes, but given the pictures you supplied, I unfortunately have to agree with the others. Execmalibu is spot on with his figures and probably you can add a good 5-10k more in unknown repairs/might as well upgrades. So 26k for the car 24k for a good (not concours) resto and you have a 50k coupe. There are, I'm sure, coupes going for this amount in private sales but there are too many good examples to be had for less for the average coupe buyer to justify taking on such a large project. I do wish you luck and hope that you get the price you want because it would be good for all coupe owners.
execmalibu
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Walter I object!!
Walter,
You are no longer the self-proclaimed defender of guys who ask a lot of money for their coupes!
You are Fired, Terminated, Pink slipped, Shown the door effective immediately!
Recently there have been a bunch of us losers who are defending that exact position and you should not have to take the heat alone.
As soon as All of the Occupy Wall Street people leave we are going to start our own rally... Are you in?
Walter,
You are no longer the self-proclaimed defender of guys who ask a lot of money for their coupes!
You are Fired, Terminated, Pink slipped, Shown the door effective immediately!
Recently there have been a bunch of us losers who are defending that exact position and you should not have to take the heat alone.
As soon as All of the Occupy Wall Street people leave we are going to start our own rally... Are you in?
Thanks for your replies this is just the type of information I was hoping to discern from the original asking price. Trying to understand what makes a “private sale” appreciated collectors high value car different from the depreciated affordable daily driver.. ??? Documenting that the rust issues have been addressed or have none before any type of repainting seems to be the criteria from what I have been able to surmise otherwise the value can always be questionable as to “hidden $40k” rust problems no matter how well everything else is done.. Anyways again I appreciate all the replies and if I wasn’t clear enough in the post the car is available as a potential “Best Offer sale” So the price is flexible though thankfully I am in a position where this is not something I am forced into selling just wishing to know all my options...
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i've got a pair of red handles (along with other tools) that i will part with for $275
e9coupe
Active Member
Hey there's a decent amount of rust work needed, it looks like a driver but needs work. Look at other cars with the same problems and see what there asking and what there selling for. I'd have to see the car in person but I think 10-15k is fair, Rust work is very expensive on a unibody car! Good luck with the sale best wishes, joe
I think that you hit the nail on the head there. Private sales, that I have heard, of usually involve people of good standing/reputation in the coupe community; their word stands behind the car they are selling or brokering. People are willing to pay a premium for that. Ebay/Craigslist is a lot riskier.
Execmalibu,
I am down for the "Occupy" idea. I think we should start Occupy LaJolla Independent and Occupy Coupeking! Maybe they will throw us 2002 parts to keep us off their sidewalks.
execmalibu
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Walter, I Aint Cheap but I can be Had!
If we agree not to protest in front of some of the usual suspects I definitely will not accept 02 Parts to go away...
Now if they were to offer me a full set of Alloy CSL panels installed and painted I might consider that as partial payment. :lol:
If we agree not to protest in front of some of the usual suspects I definitely will not accept 02 Parts to go away...
Now if they were to offer me a full set of Alloy CSL panels installed and painted I might consider that as partial payment. :lol: