So there is a guy selling a 88 GTX that needs as much work, if not more, than my car did when I bought it. It's close to where I live in Canada so I was really intrested in picking up another shell to make a street car with. It's on another forum that I won't mention and I won't get into the details...but
The car has some holes in the floorboard between the floor and firewall, typical rear quarter rust (lip and under the window) and has been sitting so it needs new brakes, brake lines and fuel lines. From what I've seen in my car, it probably needs about $2000 cdn in parts plus the time/labour. Then there is the bodywork!
So should I be preplexed that a car like this has had multiple offers over $2000? I thought I overpaid for mine at $1200 for a fully running rough GTX that needed brakes. I tought at the time I should have paid somewhere between $800-1000, and I know the owner would have taken $1000 but another buyer came into the picture so I didn't chance losing the car I've always wanted.
So what do you all think, did I just get a good deal? Is this car overpriced? Did the GTX just sky rocket in price in the past 7 months?
And what's my car worth now? A caged, rust repaired body, JDM engine, reich racing ECU, galant brake upgrade, new stock rear brakes, new fuel lines and brake lines, new exhaust from manifold back, Dirtras on lowering springs, fuel cell, rebuilt tranny and has racing seats and a bunch of other racing saftey stuff. I was thinking in the $3000-4000 range but now I'm thinking that the ads I've seen for GTX's going for $5000-6000 are not too far off.
Also, my car IS NOT for sale, and will not be EVER. I love it too much, once you fall asleep due to the fumes from stripping out the tar floor mat you know it's true love.
So does anyone have some insight to the market? When the guy told me $2000 I was just shocked.
So should I be?
The car has some holes in the floorboard between the floor and firewall, typical rear quarter rust (lip and under the window) and has been sitting so it needs new brakes, brake lines and fuel lines. From what I've seen in my car, it probably needs about $2000 cdn in parts plus the time/labour. Then there is the bodywork!
So should I be preplexed that a car like this has had multiple offers over $2000? I thought I overpaid for mine at $1200 for a fully running rough GTX that needed brakes. I tought at the time I should have paid somewhere between $800-1000, and I know the owner would have taken $1000 but another buyer came into the picture so I didn't chance losing the car I've always wanted.
So what do you all think, did I just get a good deal? Is this car overpriced? Did the GTX just sky rocket in price in the past 7 months?
And what's my car worth now? A caged, rust repaired body, JDM engine, reich racing ECU, galant brake upgrade, new stock rear brakes, new fuel lines and brake lines, new exhaust from manifold back, Dirtras on lowering springs, fuel cell, rebuilt tranny and has racing seats and a bunch of other racing saftey stuff. I was thinking in the $3000-4000 range but now I'm thinking that the ads I've seen for GTX's going for $5000-6000 are not too far off.
Also, my car IS NOT for sale, and will not be EVER. I love it too much, once you fall asleep due to the fumes from stripping out the tar floor mat you know it's true love.
So does anyone have some insight to the market? When the guy told me $2000 I was just shocked.
So should I be?
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