Re: 70 Z/28
 

20k, 25k? What are restoration costs these days? Either they got cheaper or I have missed 70Zs pulling that kind of coin. https://www.yenko.net/ubbthreads/imag...lins/dunno.gif

Re: 70 Z/28
 

Hello, I appreciate all the input. I saw on an ad in parts for sale that it is recomended to ask on the discussion page for pricing before listing on the for sale page. I have nothing against flipping or making a profit on something or someone doing it. This car came along and the time frame in finding out about it and buying it was 2 days. It was sh** or get off the pot. I have just started a frame off on a 69Z so I could use the funds on it. I'm not looking to make a fortune but do not want to leave alot on the table either. I do this a hobby and not a business. I work full time (Union Pipefitter) and play with cars. I generate funds with car parts to work on mine. If and when I do sell this I will donate to this site since it is a great site. Thanks, Larry

Re: 70 Z/28
 

Dude, you don't have to justify yourself for flipping a car. If you bought it and its your property you can do with it what you like. If you wanted to drive it to the Camaro nationals and set it on fire, that is up to you. Don't let it get to you.

Real values for 70 Z's have indeed gone up quite a bit. Good non ebay cars bought and sold get to 45-50k, maybe more. Some people can't afford a 35-45,000 hit at once, but they can buy a 15-20k car and pick away at it.
People are beginning to see the value in these cars, and realizing their importance as easily the best Z ever built.

Back to the flipping thing, I'd much rather have people flipping than hoarding, keeps the cars out there, and not rotting into the lawn, you can see the damage that has been done to this car by "storing".

Re: 70 Z/28
 

[ QUOTE ]
Back to the flipping thing, I'd much rather have people flipping than hoarding, keeps the cars out there, and not rotting into the lawn, you can see the damage that has been done to this car by "storing".

[/ QUOTE ]

https://www.yenko.net/ubbthreads/imag...iggthumpup.gif

Re: 70 Z/28
 

[ QUOTE ]
If you wanted to drive it to the Camaro nationals and set it on fire, that is up to you.

[/ QUOTE ] https://www.yenko.net/ubbthreads/imag...mlins/haha.gif https://www.yenko.net/ubbthreads/imag...mlins/haha.gif

Re: 70 Z/28
 

I don't have a problem with anyone buying a car for resale but wouldn't it make better sense to ask what a car is worth BEFORE you bought it for resale?

And again, normally those who deal in these cars and even own one would or at least should know it's value. I would think. https://www.yenko.net/ubbthreads/imag...lins/dunno.gif That's all I am saying. I could care less what someone does with their cars.

This is just my 2 cents on what some are saying about it's worth so don't take it personal. I can't believe that the car is worth $20-25K in the condition it is in. Even $15k is a little high.
The car needs a total restoration and for those who haven't priced out a restore lately the hourly rate is not cheap. The roof repair alone is going to top the list as high dollar. Let's say it takes 1000 hours to restore at a medium rate of $50.00 an hour. That's $50,000 in labor alone. Then add in the parts needed. You'll be up close to $100k when finished. Are 70 Z's worth that number? I find it hard to believe and I own one. JMHO.

Now go have fun.

Rick H.

Re: 70 Z/28
 

[ QUOTE ]
This is just my 2 cents on what some are saying about it's worth so don't take it personal. I can't believe that the car is worth $20-25K in the condition it is in. Even $15k is a little high.
The car needs a total restoration and for those who haven't priced out a restore lately the hourly rate is not cheap. The roof repair alone is going to top the list as high dollar. Let's say it takes 1000 hours to restore at a medium rate of $50.00 an hour. That's $50,000 in labor alone. Then add in the parts needed. You'll be up close to $100k when finished. Are 70 Z's worth that number? I find it hard to believe and I own one. JMHO.

[/ QUOTE ]

Got to agree on that one. That's why I asked the question. IMHO I don't think 70Z are demanding that much yet. https://www.yenko.net/ubbthreads/imag...lins/dunno.gif

Re: 70 Z/28
 

Rick, good info. Even if the first post was a little agressive IMHO if the person does not know you from here.

Was anyone watching this auction? The 70Z there was almost just like this one, just more rust. 6,700.00 final selling price.


70 Z on Ebay Click Here

Rich

Re: 70 Z/28
 

[ QUOTE ]
a little agressive

[/ QUOTE ] LOL, I get like that sometimes? I don't mean to offend anyone, believe me.

Rich, the one you posted is a 1971 Z28 but the point is the same. Cars in this condition are IMO just not worth big dollars yet. If you have to pay twice what it is worth just to restore it then that is not an investment.

Of course if you want to buy a rust bucket, restore it to pristine and drive/keep it 10-20 years then by all means go for it. It's all based on individual choice.

Rick H.

Re: 70 Z/28
 

Check out the for sale ads in Hemmings. If I had a dollar for every ad that had the line "$$$ invested in restoration, will sacrifice for $$$" I'd be a rich man. https://www.yenko.net/ubbthreads/imag...lins/blush.gif
The 80% restored ads are also know as "Divorce Projects", meaning that if you spend another dollar, etc. https://www.yenko.net/ubbthreads/imag...lins/frown.gif
(Or the guy needs money because of the impending divorce). https://www.yenko.net/ubbthreads/imag...ins/tongue.gif
We have all heard these stories. https://www.yenko.net/ubbthreads/imag...s/rolleyes.gif
Buy one that's done! https://www.yenko.net/ubbthreads/imag...iggthumpup.gif
Or figure out if the parts are worth more than the asking price and part it out. Just as much work, but less chance of losing money. https://www.yenko.net/ubbthreads/imag...ns/scholar.gif

Re: 70 Z/28
 

[ QUOTE ]
Buy one that's done!

[/ QUOTE ]

Excellent point. At one time I had my 1967 RS for sale at a certain dollar amount. Yes, it wasn't cheap but the car is worth every penny in my mind. Some on here have seen it.

But anyways, I had someone come look at the car and he started pointing at things (which were not an issue) just so he could try to get me to come down on my price.

He offered me $5k less then my asking price saying he didn't feel the car was worth it. To add this was his first Camaro he was buying. Finally I just said to him "go build one and see what it cost you". First you have to find a nice car to start with then add the cost of restore and parts.

Well a couple months later he called back and offered me my asking price. I turned him down. He should have done his research before he came and looked at the car and wasted my time.

I totally agree, it's cheaper to buy them done. Great point.

Rick H.

Re: 70 Z/28
 

Why did you turn him down?

Re: 70 Z/28
 

[ QUOTE ]
[ QUOTE ]
Buy one that's done!

[/ QUOTE ]

Excellent point. At one time I had my 1967 RS for sale at a certain dollar amount. Yes, it wasn't cheap but the car is worth every penny in my mind. Some on here have seen it.

But anyways, I had someone come look at the car and he started pointing at things (which were not an issue) just so he could try to get me to come down on my price.

He offered me $5k less then my asking price saying he didn't feel the car was worth it. To add this was his first Camaro he was buying. Finally I just said to him "go build one and see what it cost you". First you have to find a nice car to start with then add the cost of restore and parts.

Well a couple months later he called back and offered me my asking price. I turned him down. He should have done his research before he came and looked at the car and wasted my time.

I totally agree, it's cheaper to buy them done. Great point.

Rick H.

[/ QUOTE ]


Not to mention you can enjoy it TODAY.Of course there are craftsman who's reward comes from the restoration itself.


Anyone price a set of second gen NOS rally wheel hubcaps lately? Both these cars need big hugs-If you were GIVEN either and did them correctly you still be upside down at the end of the journey.Like previously stated some cars are worth doing an others are not-where will the second gen market be in two years time when the car is actually finished? Perhaps the fellow that bought this one did the math and thought the same.JMHO

Re: 70 Z/28
 

At the expense of sounding biased or grumpy I must comment that that ebay car is probably about 100 times as rusty as the one posted here initially.

If you want to compare please find a true comparison.

True,I might have been a little high on my guesstimate of value on the car, but it was just a guess.

So If it is only worth 6700, what he probably should do is part it out.
I know some people looking for RS front ends and the alternator, a block and some other stuff...pm me if you want I'll connect ya with some customers for the parts.

Re: 70 Z/28
 

Most all the stuff for 2nd Gens is getting quite expensive and there are very few nice repro parts available.

Paul

Re: 70 Z/28
 

I was not trying to say the Z is only worth 6700, just pointing out that a similar car, but yes, more rusty, and also a 71 vs a 70 (tks Rick, good catch) that just sold. The 70's with the 350/360 do seem to bring in much higher dollars that the 71-72's. You can't seem to give 73's away.

Of course, it's all in how much you can do yourself as well. In most cases, it is cheaper to buy one than restore one.

For someone whose dream car is a 70 Z, but only has 10k (or 12 or 13) in the bank, then he might not have any other choice than to buy a fixer uper and restore over time, even if he has more in it in the end.

Re: 70 Z/28
 

http://cgi.ebay.com/ebaymotors/Chevrolet...sspagenameZWDVW

Lets see where this one goes.

Re: 70 Z/28
 

Hmmm, super clean and lots of docs, but no vin on the engine, wrong tranny and distributor. 22k and rising. https://www.yenko.net/ubbthreads/imag...ins/3gears.gif

Re: 70 Z/28
 

That car is owned by member here,and a good friend of mine for over thirty years.That is an all original sheet metal,Cali born and raised zero rust car.It's got some of the strongest docs I have ever seen on a 70 including three partial sheets(how many came on Norwood cars?) and complete owner history back to day one.It even has the CAL DMV temp tags issued at delivery and documented mileage via service reciepts up the kazoo.The motor in that car is the one that it came down the line at Van Nuys with.Not all of them had the VIN stamped on the pad-Yes it does need a correct tranny and a high end paint job to complete it.For what he is asking you would have the financial latitude to address those two items and have a done car for the same money you would be spending on those other two paperless hulks(no offense intended to the owner:)-not to mention saving yourself the madness of waiting and scratching for those rare finishing items.BTW I do believe there is a correct dist that goes along with it. jmo https://www.yenko.net/ubbthreads/imag...lins/beers.gif

Re: 70 Z/28
 

I wouldn't trust that guy.......he is from Cali https://www.yenko.net/ubbthreads/imag...lins/smile.gif

Really nice looking car though!!

Russ...

Re: 70 Z/28
 

Above EBAY Shadow Gray Z-28 has incorrect later wheels, incorrect wood dash bezel, incorrect shifter ball/knob....FYI!!!!

Re: 70 Z/28
 

[ QUOTE ]
Why did you turn him down?

[/ QUOTE ]

During the time he was "thinking it over" I was persuaded by others not to sell it. It was a good choice.

Rick H.

Re: 70 Z/28
 

[ QUOTE ]
Above EBAY Shadow Gray Z-28 has incorrect later wheels, incorrect wood dash bezel, incorrect shifter ball/knob....FYI!!!!

[/ QUOTE ]

Ouch! and you guys thought I was tough! https://www.yenko.net/ubbthreads/imag...ns/burnout.gif

Rick H.

Re: 70 Z/28
 

Hello, thank-you for all the input. I have listed the car for sale here and will donate to the site when it sells. Email or call. Thanks, Larry.

Re: 70 Z/28
 

[ QUOTE ]
Above EBAY Shadow Gray Z-28 has incorrect later wheels, incorrect wood dash bezel, incorrect shifter ball/knob....FYI!!!!

[/ QUOTE ]
IMO; That is just the start of a short list of correctable issues with this car, I would not be able to get the $27,000 out of my pocket fast enough
if it was offered to me for that price.