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I have a friend of a friend begging me to buy her '73 coupe 4 speed 350. It's been sitting in the same spot in the corner of an old garage for 25 years. The paint was scraped off with a friggin' razor blade prior to dropping it off for a paint job in 1982. There it sat to deteriorate into a basket case.
Would I be wrong to assume the car needs EVERYTHING, and when you are through spending years and $12,000 you have a $14,000 car?
Would it be worth $2,000? It's intact. I know a '73 isn't the most drop dead year so what do you C3 guys think about this little story? I want to help her out because she is broke but I don't want to get involved in a lost cause either.
Well, if its intact and frame/birdcage is not gone I think $2k would be a good buy. Take your time and shop around for whatever it needs. $12k I think to restore would be a choice thing, it can be done a Lot cheaper than that. I do all my own work, so that helps a lot, if you farm it out I can see 12 grand going by real fast
:iagree hard to say w/o pics, but sitting for 25 years = 10k in parts.
If you dont love 73 coupes, and/or you cant do most of it yourself, Id walk away.
For example, I stumbled into my 73 # match vert when I lived in Vegas. I have dumped a ton of money into that car (crate motor, 5-speed, interior, suspension, brakes, exhaust, paint, etc, etc) and it is a real nice car but it is a labor of love to me. Not sure I could put that kind of money or time in a 73 coupe, unless it was a big block.
You'll end up spending 200% of car's value before your done. I had 30K plus in a 77 worth at best 13K. Thank God it was totalled and specialty insurance covered that money pit. Run away.
Walk away ---- the paint job alone will cost you $7K. The motor, tranny, must be redone if it's been sitting for 25 years. Need tires, calipers, brakes, master cylinder, radiator, heater core, etc, etc. The interior is probably all shot and if mice got into the electrical ---- well if I were you just give her the $2k and sell the car for junk. That baby will bleed you to death.
If a car hasn't been maintained and cared for ---- walk away
If the car is complete and relatively rust free DO IT! You kidding,..$2000? And it's been indoors for 25 years? And it's a 73 (my favorite as well,..own 2). Just because it wasn't "maintained" is no reason to pass. if it had been "maintained" it would run $10-20,000 more. This way you get to build her the way you want. Look around,..you can't find worthwhile projects in this price range, Camaros, Mustangs, Roadrunners, Cudas, etc., and much less a Vette.
As far as spending money,..if truth told, 95% of us have more in our cars than they're worth, but we don't care. It's a great hobby, with great folks, and these cars are a blast to drive and work on.
But if you're going to pass, send me a PM and let me know about the car,..I'd be very interested!
My '73 was parked inside over 10 years when I got it. New tires, fuel tank, carb overhaul and brake calipers was all that was needed to start driving it.
If rust is not an issue I'd buy a barn find in a Heartbeat at that price!!!
If you are able to do the work yourself, go for it! As mentioned ealier, if you have a shop paint it, count on $4-7k depending on body and where you live, but if you can paint it yourself (not that hard .... paint gun, lots of patience, and a really clean garage) it can be done for under $1k.
I wouldn't be the one to stop you. Think it is a good deal if the frame and birdcage is solid. As stated before you could parts it for much more. Probably double your $ if you just sell it as is for a project. 73's have their own following and prices have jumped in the last 2 or 3 years.
I have a friend of a friend begging me to buy her '73 coupe 4 speed 350. It's been sitting in the same spot in the corner of an old garage for 25 years. The paint was scraped off with a friggin' razor blade prior to dropping it off for a paint job in 1982. There it sat to deteriorate into a basket case.
Would I be wrong to assume the car needs EVERYTHING, and when you are through spending years and $12,000 you have a $14,000 car?
Would it be worth $2,000? It's intact. I know a '73 isn't the most drop dead year so what do you C3 guys think about this little story? I want to help her out because she is broke but I don't want to get involved in a lost cause either.
Buy it..Fix it up overtime or part it out and make $$. If you pass, I am interested. I live on the northside of Atlanta.
buy it , post it "C3 Basket for sale" W/some pics, and make some easy bucks. Your lucky to even find a Basket C3, theres people scouring the country for that kind of project start.
We are going to exume it from it's grave and shed the light of day on this poor forgotten vette. I graduted high school in the class of '73. My house was built in 1973. Good lord I may have a 1973 to go with it!
She said it used to be green. What is the name of that color? Elkhart Green? Oh yeah there is a '69 Camaro SS in front of it that is trashed too. Not to mention the 4 C1s and 2 C2s under tattered covers outside. Maybe more 25 year paint customers? The guy has 6 months to live 6 months ago. His son is a slacker jailbird.
I might have to 'help him out' with a few of those worthless junkers too.
Are parts reasonably easy to get for a '73? I get every catalogue there is for vettes. My '96 is showroom, and love working on it. I probably would not get killed if I flipped it as is later, right?
[QUOTE=tlong;1558684356 Oh yeah there is a '69 Camaro SS in front of it that is trashed too. Not to mention the 4 C1s and 2 C2s under tattered covers outside. [/QUOTE]
Are you nuts? Tell her you'll buy them all. Give her $10,000 cash. Sell what you don't want. It will pay to restore the one you want.
If you have the space to store it while you work on it then $2,000 is a cheap price for a base project...just check to make sure it wasn't stolen by running the VIN through your state highway patrol office. The neat thing about a vette is that it isn't going to rust if the only problem is that it hasn't had paint for 25 years.