Be Honest and don't put on a show!!!! What is your car worth???????

verde2002

verde2002

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As members of this forum we are quick to comment about any car that is for sale regarding the asking price and if we agree to it or not but no one is willing to be honest about what they paid for their coupe, WHY???? Only way we can truly determine the value of the coupes we own is to know what our fellow members are paying for them. We are quick to judge if something is worth it or not but what are we basing the value on?? CoupeKing actually is honest enough to put his asking price which I respect but at the same time based on what he sells his cars for my car is worth a mimimum of $25,000 even though I only pain $7,500 for it. Lets get real and be honest and maybe we can have a honest discussion of the value of our cars. If you agree post what you paid for your car...I know, you got a bargain and your car is worth way way more. I won't think any less of you if you did not pay that much for you car.
 
Paid 24K for a "enthusiast restored" (not taken down to the shell) US 3.0 CS 4 speed with redyed leather interior, redone chrome, working AC, original radio, redone wood, redone paint (in 1990s), new glass, new door hood and trunk seals, full tool kit, sunroof, working windows, etc. I paid what I paid for this car because it was almost rustfree, because the AC worked, becaue it had 3 point seatbelts for safety, because it was unmodified, with original engine and 4 speed, 105K documented miles, was from SoCal and Nevada, good color (Polaris), and I didn't have to do anything to it. I could have purchased a restomodded car for similar money, but I wanted an original car. The seller was 1000 miles away, but he was a friend of my brother, so that helped a lot. He asked 28, I paid 24. I am unashamed of what I paid. The good ones on this board go for similar money; ask Al Mendez, Terry Conners, etc--owners of good coupes recently sold here, and ones I considered.
 
Be Honest and don't put on a show! What is your car worth?

I paid $11,900 for this one that Evan Easterman was brokering.

http://cgi.ebay.com/ebaymotors/Ultr...ewItemQQptZUS_Cars_Trucks?hash=item2eaadf8ad8


The "rust free" claim appears to be relatively accurate. I am still going through it, but the rust is likely not the immediate problem. The clutch is gone and the tranny may not be far behind. The engine starts well and runs strong. It is a used replacement that was done in 2003 (not disclosed). The car had some front end body work done in the early 90's which got it some new sheet metal and a respray on front half, which probably helped rather than hurt. All the parts are there. The seating needs to be redone, but interior is pretty solid.

I think there is room to work with this car and not get in too deep. I am thinking if I am in for about $25K and end up with a very nice looking, confident weekend driver, then I will be OK.

I am a little worried that the 2800 CS won't hold value up against the 3.0, particularly the Csi's. But it does seem that really nice CS's end up around that range.

I am new to this. Am I off base?
 
I paid $3500 for a '69 2800cs. It had a rusted out rear window and a couple spots on the front floor boards that have been replaced, but otherwise seems to be pretty solid. The paint has been on the car for a long time, which makes me feel better about any rust issues (no bubbles). The rear window rust has been repaired and I bought a parts car that I'll use for some suspension upgrades, carbs, etc. I'm into everything for about $5500 and I'd say the car is worth between $10k-$12k. I'll try to get some pictures of it this spring when I finish swapping the parts...

Dan
 
I bought mine for 3k with a blown motor, dubious import history, a mediocre resto in the 80s, and some visible rust.

I've put in about 3k into the drivetrain, (used motor, used 265, used 3.45 LSD, upgrade to Motronic 1.3, replacement bits) 10k into paint and repair, and about 5k in rubber and various bits.

I'd be happy to get between 25-30k for it.
 
Paid $2000.00 for a rusted 1970 2800cs in 1980. The car was in a minor accident during
the winter of 1978 and was stored in a damp barn where it just rusted away.

Over the next ten years, I purchased every replacement panel I could find anywere in
the world I could find it. 1990 to 2001 I replaced every body part except the roof,
firewall, inner front and rear wheel weld panels. Next came a totally rebuilt 3.5liter six,
265 five speed and 3.64LS diff, all from a recked 1989 635csi. total interior restoration
and Mugello Red (274) paint job. Total cost to date? ~ $21,000.00. Although I would
never sell it, My firm price would be $38,000.00. This car it truly 110 percent rust free.

Did I mention that my daily drive for the last 38 years is another 1970 2800cs. In 1992
it was updated with a 1991 S38 M5 engine, five speed and LS diff. I would not give
this one up for less than $36,000.00.
 
I paid $6500 for my 2800 CS in 1980. I looked at many and this one was the only one I felt was very close to rust free. I rebuilt the engine and drive train early in the 80s and had it repainted in 1990. I drove it for almost 10 years as my daily driver and realized I was going to create a rust bucket if I continued this. It became a dry weather car only and has minimal rust issues. The seats could use some new leather but the interior is otherwise in good condition. The engine and drive train are still solid and the suspension is good. The paint has a couple minor touched up chips and the body is very straight with one small ding. The trim ranges for very good to decent. Not a top show car but an excellent driver.

I was offered $13,500 a few years ago but turned it down. It is still not for sale but I think it is probably worth about $15,000.
 
$15K for my first 72 3.0 CS which was bought from a Sacramento Honda dealer back in 1988. $20K for the converted 3.5 CSi bought in 2002, coupe was bought from my former mechanic who used to work on my first CS. For you Norcal coupe guys who are familiar with James Gailey of Gilroy, CA, this was his silver/blue coupe. The one with the 3.5 L-jet and aluminum CSL hood and trunk lid.
 
Paid NZ $17 k (about US $8-9k) for what appeared a nice car,(3.0csa converted to injected manual) have since spent about NZ 30k on panel work alone, now at the painters getting a contra deal bare metal paint job (going rate about NZ$12k) and then ive got to put it back together.
Have also spent about NZ $3 k on shocks, springs, swaybars and a modified rear end with slotted and cam adjustable camber and castor, fitted a CR 5 speed these are as rare as rocking horse s@#t down here so had to pay NZ $3.5k for this, also LSD NZ $1k and endless other work and mods, and I still have an 3.5 engine rebuild and interiour to go.

So I guess I've spent a total so far of about NZ 65k (us 37-39K)

Guess the laughs are on me!! what a mug, but having said that I dont regret it, it's my dream car and you only live once, As a mate said... Your here for a good time, not a long time!!

But heres the really stupid thing.. On a good day in NZ it's market price would be only about NZ $30k so If I sold it I would be better of sending it back to the UK where it came from and tripling my money, I dont really know the market up there that well but when finished it may fetch 20,000 pounds??? about NZ $55-60 k
 
Paid $500. $60k into it last time I checked. Probably worth about $7k, in parts, although CARB offers me $500 every year to take the whole mess. I consider it a wash against all the real trouble that discetionary income could have gotten me into. Except for the pile of receipts, it is almost like I never had the money.
 
A good way of judging owner valuation is the amount the car is insured for (assuming agreed value policy). Entre nous, mine is insured at $15k, just don't tell my wife. She may cut them brake lines...
 
coupe values

I'll come clean.

I paid $15K in 2000. I haven't totalled up the receipts since then, really don't want to, but I'll bet I've got nearly that much into it again but that includes new carbs, head, shocks, sway bars, some rust repair, seats, front air dam, some paint work, etc. Each year I tell my wife "its done".

I am insured for $22K. I plan to get an actual appraisal this year. Hoping for $30K but my expectations may be high.:-D

http://www.e9-driven.com/RegistryView.asp?RID=20
 
Appraised at $21.5k in 1993 after a 3 year $10k restoration. Major upgrades since then (wheels, carbs, leather, LSD, etc) and no degradation to the body.

No idea what current market value is.
 
yeah David, your coupe was the biggest pos I have ever seen, the transformation you have achieved is un frickin believable, all in your garage too. You my friend are a fabricating legend in my books anyway. Your coupe should be called the Pheonix for it rose out of a pile of rust, all you dreamers out there should check Vraneds pics out.He is the us version of malc
 
PJ, you are a friend, but you also need to see a fine eye doctor. I don't want my car to be worth much, as I plan to beat it all the way back to the glue factory when I finish it. But, of course, never in the rain.
 
Bought my 73 Polaris in Nov 2004 for $19,000 US after it had an extensive renovation by TJ Noto of Los Gatos. The car was/is a great driver and I continue down the path he started, spending about another $4000 by changing/modifying the mechanicals using parts or systems from later series BMW's. Currently half way through the EFI swap using 1981 528i components.

The car was appraised in 2005 for $19,000 CDN which as the currency exchange improves feels a little more reasonable but I think I'll get it re-assessed next year. Eventually will need to attend to some structural seam welding to learn basic welding and then get on to minor rust repairs and get rid of the sun roof.

Thanks to you on the forum that have patiently solved many on my car problems and provide and good basis for understanding the automotive mysteries lurking under the hood.

Doug
 
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