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 Post subject: Re: Morning Ouch
PostPosted: Wed Dec 06, 2017 9:44 pm 
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CJ, if they gave me $50K and the car, I'd still run !!!

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 Post subject: Re: Morning Ouch
PostPosted: Wed Dec 06, 2017 11:01 pm 
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Location: Cleveland, Ohio
That one makes the one in the mud look appealing by comparison. I emailed the seller in our classifieds a couple of months ago about a similar mess he was selling. I asked rather diplomatically if it was a joke, partly because in the background of the pictures were maybe twenty much better body shells. I got no response. I wouldn't be surprised if he only gets rude responses to that ad, maybe he enjoys the abuse.

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 Post subject: Re: Morning Ouch
PostPosted: Wed Dec 06, 2017 11:26 pm 
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Guys - The 62 I sold on BaT for $4,200 looks like a bargain compared to this 59 for $14,500.

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 Post subject: Re: Morning Ouch
PostPosted: Thu Dec 07, 2017 7:27 am 
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Daryle Higginbotham wrote:
Guys - The 62 I sold on BaT for $4,200 looks like a bargain compared to this 59 for $14,500.

I agree. It even came with a "transmission"! BUT, when that A coupe is restored by the new owner, in his garage using simple hand tools, he will get a really big pot of gold, even bigger than that of the '62 restorer. Seriously, isn't it quite possible that these cars are being used to give stolen cars a new identity?

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'57 Speedster - very real
'59 Sunroof - mostly real
'59 Coupe GT Clone Race Car - sorta real kinda
'60 Devin D Race Car-in process - fake chassis
'63 GS 2133 coupe - very real
'67 S Original Owner - ultra real


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 Post subject: Re: Morning Ouch
PostPosted: Thu Dec 07, 2017 7:47 am 
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Question, if the fires rip through that junkyard will the car be worth less or more?

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'57 Speedster - very real
'59 Sunroof - mostly real
'59 Coupe GT Clone Race Car - sorta real kinda
'60 Devin D Race Car-in process - fake chassis
'63 GS 2133 coupe - very real
'67 S Original Owner - ultra real


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 Post subject: Re: Morning Ouch
PostPosted: Thu Dec 07, 2017 8:29 am 
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Location: Cleveland, Ohio
Depends on his insurance.

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 Post subject: Re: Morning Ouch
PostPosted: Thu Dec 07, 2017 9:30 am 
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Location: Dallas, TX
Go for it!! Barn find! - no, not a barn, more like seaside charm.

Chuck

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1995 Midnight blue 993
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 Post subject: Re: Morning Ouch
PostPosted: Thu Dec 07, 2017 1:41 pm 
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C J Murray wrote:
Daryle Higginbotham wrote:
Guys - The 62 I sold on BaT for $4,200 looks like a bargain compared to this 59 for $14,500.

I agree. It even came with a "transmission"! BUT, when that A coupe is restored by the new owner, in his garage using simple hand tools, he will get a really big pot of gold, even bigger than that of the '62 restorer. Seriously, isn't it quite possible that these cars are being used to give stolen cars a new identity?

I've never heard of this happening, but I can share some facts of what happens to these rough cars. You can read here:

viewtopic.php?f=4&t=35582

Neil has moved heaven and earth to make his 356 come true. Is he crazy? Maybe, but he gets to work on a 356, which for many is a lot cheaper and more effective than therapy.

Also, if you are interested in watching Porsches getting stolen and chopped, sometimes re-vinned, I can recommend a great movie, classic Charlie Sheen, long before garbage like 2.5 men. Some of you might remember my review from my old Registry column, Wheels and Reels.
Attachment:
noman.jpg
noman.jpg [ 23.37 KiB | Viewed 440 times ]


Attachments:
noman1.jpeg
noman1.jpeg [ 261.09 KiB | Viewed 440 times ]

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 Post subject: Re: Morning Ouch
PostPosted: Thu Dec 14, 2017 9:16 am 
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http://roadscholars.com/year-2017-rear-view-mirror/

I read this today. Think about the cars that are the subject of this thread as you read.

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'57 Speedster - very real
'59 Sunroof - mostly real
'59 Coupe GT Clone Race Car - sorta real kinda
'60 Devin D Race Car-in process - fake chassis
'63 GS 2133 coupe - very real
'67 S Original Owner - ultra real


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 Post subject: Re: Morning Ouch
PostPosted: Thu Dec 14, 2017 9:45 am 
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Location: SE Michigan
I like "sexual intellectual".

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 Post subject: Re: Morning Ouch
PostPosted: Thu Dec 14, 2017 10:03 am 
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Location: Auburn AL
That is funny, I agree Vic.
The other thing that I think is at hand here is the overall notion that buying a car, any car, and paying to have it restored, and selling it for a profit, is a rather new concept really. Back in the late seventies try that with anything but the super rarest cars and you’d lose your keister. But some people didn’t care. The guy from whom I bought my car, Lowell Sivey, said jokingly when I bought it,..”You’ll spend twelve thousand restoring a car that’s worth ten” and he was just about right at the time. I didn’t care, nor did anybody else that was into fixing up cars at the time. You knew it was a loser, but sorta like Adam said,...good therapy, and just plain ole fun to do.
Things then changed.
But did they? Try buying a 356 at current market price, pay to have it restored, and see what the “return” is. To make much or anything these days the formula likely has to include the factor that the owner bought the car a while back, and now is trading on the finished value increase that has happened over time.

I do however see in the article a timeless philosophical gem that is as accurate now as it ever was,..”Buy what you like”. It’s like art. Buy what you like, if it makes you a buck or two, great,...if not, you’re the one who got to enjoy it while on this earth. So I guess this would apply to some of these “lost causes” out there too.


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 Post subject: Re: Morning Ouch
PostPosted: Thu Dec 14, 2017 11:39 am 
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C J Murray wrote:
http://roadscholars.com/year-2017-rear-view-mirror/

I read this today. Think about the cars that are the subject of this thread as you read.


The irony of all this, the tip I got on the mud car, came from Cam at RS.

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 Post subject: Re: Morning Ouch
PostPosted: Thu Dec 14, 2017 12:29 pm 
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Location: Dallas, TX
I notice the 993 took a hit, but the 356s seem to be holding up on Hagerty's valuation. I think the guys using the car market as an investment are taking some profits and returning to the stock market. That will change.

Below is the 993 and 356C over time.

Chuck


Attachments:
356C values.jpg
356C values.jpg [ 410.81 KiB | Viewed 252 times ]
993 value.jpg
993 value.jpg [ 379.29 KiB | Viewed 254 times ]

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 Post subject: Re: Morning Ouch
PostPosted: Thu Dec 14, 2017 1:07 pm 
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Joined: Thu Feb 23, 2017 12:41 am
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Location: Radondo So Cal
Daryle Higginbotham wrote:

Just to let you know, the little 62 coupe will be on its way to Sunny California next week.

May be listed in a few years as a "California Car" for sale :)

Calf makes it easy. I just bought a clean set of original 1965 license plates for my C

YOM program = "California Car" for only $45 at the DMV
It used to be only 1962 and older and is now 1972 and older to get original Ca plates

http://www.ply33.com/Misc/yom

This form is used to apply for assignment, reassignment, or retention of a Year of Manufacture (YOM) plate. YOM plates are any officially manufactured California license plates issued prior to 1969 for auto, motorcycle, or trailers and extends to 1972 or prior for commercial vehicles that the department determines are legible and serviceable pursuant to California Vehicle Code §5004.1.


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 Post subject: Re: Morning Ouch
PostPosted: Thu Dec 14, 2017 1:21 pm 
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Joined: Thu Feb 23, 2017 12:41 am
Posts: 130
Location: Radondo So Cal
C J Murray wrote:


I was climbing around those racks in 1983 for parts.
34 years later the same cars are still sitting there.
Alameda St N of the 105 in Los Angeles

Not sure what to think about Ben ?
Some guys keep asking 2 - 3 times the value of something ?
Do they enjoy re-listing ads for months or years ?
Major Fishing Expedition !


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