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Without photos and additional information, I'd say the value range is $4K to $20K! Does that help? You say "everything new", which implies a possible ground-up restoration, but then you give the car only 8 out of 10, which appears to contradict that: I'd be pretty darned disappointed if a ground up didn't get me AT LEAST to 9.7 out of 10. Or do you mean only the engine has "everything new" and the rest of the car is so-so? Or maybe your 8 out of 10 is the equivalent of someone else's 10 out of 10, or someone else's 5 out of 10? You say "no rust", but is that because you've repaired extensive rust or because your car has spent it's 43 years in an Arizona desert and never had any rust? I can't tell from your post whether you and your car are in Australia, the Azores, or Maine: the value might be different in each of those locales. Maybe? And, yes the engine has been rebuilt. But by whom? Was it the first and last engine rebuild you'll ever do? Or was it by an '02 or engine-rebuilding specialist? I'd pay more for a car with a Korman engine than one with an engine rebuilt in "some guy's" back yard. I rebuilt a 2.2-liter Mercedes 6 when I was 14. It ran afterward, but if I bought that car with what I know today, I would ASSUME the engine had to be torn down and rebuilt the RIGHT way, immediately.

I say this all tongue in cheek to illustrate that any valuation based solely on your brief description, and no photos, is worth what you paid for that valuation: nothing.

Regards,

Steve

Edited by Conserv

1976 2002 Polaris, 2742541 (original owner)

1973 2002tii Inka, 2762757 (not-the-original owner)

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Without photos and additional information, I'd say the value range is $4K to $20K! Does that help? You say "everything new", which implies a possible ground-up restoration, but then you give the car only 8 out of 10, which appears to contradict that. Or do you mean only the engine has "everything new" and the rest of the car is so-so? Or maybe your 8 out of 10 is the equivalent of someone else's 10 out of 10, or someone else's 5 out of 10? You say "no rust", but is that because you've repaired extensive rust or because your car has spent it's 43 years in an Arizona desert and never had any rust? I can't tell from your post whether you and your car are in Australia, the Azores, or Maine: the value might be different in each of those locales. Maybe? And, yes the engine has been rebuilt. But by whom? Was it the first and last engine rebuild you'll ever do? Or was it by an '02 or engine-rebuilding specialist? I'd pay more for a car with a Korman engine than one with an engine rebuilt in "some guy's" back yard. I rebuilt a 2.2-liter Mercedes 6 -- with dual Solexes -- when I was 14. It ran afterward, but if I bought that car with what I know today, I would ASSUME the engine had to be torn down and rebuilt the RIGHT way.

I say this all tongue in cheek to illustrate that any valuation based solely on your brief description, and no photos, is worth what you paid for that valuation: nothing.

Regards,

Steve

+1, well said.

Les

'74 '02 - Jade Touring (RHD)

'76 '02 - Delk's "Da Beater"

FAQ Member #17

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Steve, thanks for the entertaining comments!  Here are a few answers:  Everything is new OR rebuilt OR restored.  It is a "ground-up restoration" (every part), but I sent out the specialty work, and did most of the lighter work myself, an enthusiastic amateur.  To explain "no rust," it is a Southern California, High Desert car.  The engine was rebuilt by a general auto shop in Hesperia, California.

Putting the car together has been a hobby of mine for about the past twenty years.  However, now I still have some minor problems to attend to; when they're taken care of, I'll post pictures and much more information once I decide firmly to sell.

At the moment, I'll take advantage of Ray's offer to post a picture or two.

Thanks for the response.

Fran Ferrance

Ferrance@aol.com


Ray, since I don't know how to post pictures and you made a generous offer, may I have your e-mail address?

Fran Ferrance

Ferrance@aol.com

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There's another thing that could cause some folks to shy away, you mention it's a ground up restoration that you did a lot of the work yourself. I've been in one of those kind of deals where the PO bought the car as a ground up restoration done by a hobbyist and paid some big money for it at the time. He owned it for a couple of year and sold it to me for a song and a dance because he couldn't stay ahead of fixing the mistakes made by the person that claimed to do the restoration. I figured if nothing else I'd just part it out. My son took a liking to it and wanted to keep it so we went to work to fix what we could. That decision cost me several thousands of dollar in parts and a great amount of time to repair what had been screwed up. I learned a good lesson from this experience. I'm not intending to say that would be the case here, I'm just saying that some folks may get nervous buying a DIY restored car. I guess I'd have the car really checked out carefully before buying from past experiences. A car restored by a hobbyist may not bring as much as one restored by a professional restoration shop.

I've survived damn near everything.

1974 - 2002, Mild - sold to son
1976 - 2002, lil' Wild

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Pretty car, I think. It seems the nose was replaced, right?

 

I'm not a fan of the de-trimmed look but seems like a nice car nonetheless.

 

If I were to guess, I'd say it is worth $8k to $10k.

 

But all you need is the right buyer (one of!)!

 

Cheers,

Ray

Stop reading this! Don't you have anything better to do?? :P
Two running things. Two broken things.

 

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