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What's it worth? 1965 half complete renovation....
dubbed_dan - January 8th, 2013 at 09:46 PM

Hi,

I've been working on renovating a 1965 beetle (australian) and have completely stripped it back to bare metal (including the tunnel and frame, rebuilt the frame head, replaced the floor pans, heater channels, put a new nose on, added a lowered front end with front disc brakes, replaced all the brake system and then finally undercoated and mostly bogged the car ready for sanding and spraying.

Unfortunately my circumstances have changed and I am being forced to part with the car :(, so I'm trying to find out what people think it's worth and what I could get for this completely rebuilt car. It's in Brisbane if anyone wants a look!

Any ideas?

Thanks,

Dan


68BUS - January 9th, 2013 at 09:14 AM

Unfortunately it is worth a damn site more than what you will get for it. People just don't seem to want half resto's. They seem to think they can get cheap completed that need no work.
I can't shift my lowlight that has had a fair crack of time and money spent on it a a rediculour loss. And I don;t want to give it away.
Maybe put a price on it and see how it goes. If it does not sell give it a cheap and cheerful paint job if it is mostly bogged and sell it that way less interior.

If you have lots of photos it will help.


Governor - January 9th, 2013 at 10:29 AM

Its worth what someone will pay!
You WILL lose money on it.
Put it this way, you can buy a great driving beetle for about $8K

If someone buys yours what will they have to spend to get it on the road?
Examples, figures my be way out but you get the idea!!
Good full body paint inside and out about $4k (thats a really cheap one) this doesn't include prep, add another grand?
All rubbers, about $1k
Interior? Seats, door cards, headliner
Headlights tail lights etc etc
Wiring?
Wheels and tyres?

You get the idea, and the problem is no one knows the quality of the work you have done?


nedsbug - January 12th, 2013 at 04:23 PM

Sometimes the work you have put into a project can actually be detremental to the purchaser

I see so many half finished projects,that people have spent way too much,wrong parts,learning curves,and they wont ever get the money they have spent,let alone something for their time
It could be viable to part it out and recoup some coin ,on the new parts bought,as a package most half finished projects arent wort the parts alone


ian.mezz - January 12th, 2013 at 05:04 PM

probably lucky to get the money back that you spent on the parts,
A lot of people that pull cars apart don't realise how much work and money its going to cost to get them back to being a runner again, doesn't matter weather if its a beetle or a Mustang , still heaps of work ahead for the new owner and unknown cost . :fakesniff:


zayus - January 12th, 2013 at 07:19 PM

Hi,

I think a half completed restoration is a great place to start, for someone who has contemplated doing a full restoration on their own Beetle. The hard/expensive body work has been completed for them.

To someone like me, the guy who doesn't have the ability, time or garage space to restore a car, a half completed restoration would be appealling. But, then there is the cost of getting the car on the road.

I can use the running gear, brakes, wiring, glass etc from my existing car. Then I need an expert to finish putting the car back togethor.

Dollar value... I don't know, maybe 5-6, but as the others have commented: "You will not get back the amount of dollars and time you have invested."

Unless, of course, if you were restoring a 1963 Ferrari 250 GTO!


helbus - January 12th, 2013 at 07:42 PM

I restored a 1970 Ferrrari 365 GTB/4 at work, and yeah there is a lot of money spent, but that is a different world.

We see half finished restorations that have been bought, and on assessment of the work done, usually the report comes up below average. This can make the finishing of the restoration more difficult than if it had never been touched.

Now this does not imply in any way that the work that has been done on your car is below standard. It is finding what standard the buyer is thinking about.

Personally if I could assess the work done and be satisfied with the quality of work done, then in my opinion I would still be thinking of under $3000 value. Which may be a bargain for someone, or it may too much for others.