introduction Need to sell the old 1975 2002. Help with asking price?

[mattcshark]

I've had a 1975 2002 for over 15 years now. Although she's been a weekly driver, Restoration has been stalled and with family pressures

I think I need to sell her to someone who will give this car the attention it deserves.

Problem is, I don't have a clue what price to ask.

Here's some details.

The car is in fair shape.

The Good:

Runs great

rebuilt head

Petronix ignition

4 speed (converted from automatic

Stahl header

2 barrel Weber

upgraded starter and alternator

new steering linkage

original 13" bottle cap wheels

Original Recaro seats

 

The Bad:

Burns a little oil

minor oil leaks

Faded Red paint

some minor dents

some lower panel rust out

some floor panel rust on drivers side

spare tire tub issues

holes in all seats

bad carpet

bad heater core

cracked dash

bad highbeam switch

cracks in signal lenses

Missing trunk panels

etc.

 

I've seen estimates of $5000 to $7500 for a 2002 in fair condition.

Can I really expect to get that? I'm in Western Washington.

I'd appreciate any opinions.

Thanks

 

 

['76mintgrün'02]

That is a good description, but photos would still be helpful.

Your location does make a difference in the 'value', since there are more to choose from here on the west coast, than there are out east.

I recently sold a vintage VW on CL and a guy in Virginia bought it, flew out and drove it home.

(just told to illustrate my point about value/location.  compared to his local market, it was 'worth it' to come get it. whereas around here, it was just another old bug for sale)

 

sorry I do not have a specific price suggestion

[Arizona02]

research ebay sold section, and you can do an auction with a reserve price

[roadhog0]

In W. Washington I'd say you'd get about 5000 or it not seeing pictures. Pictures really can change a value one way or another.

[mattcshark]

Thanks for the replies. I'll try to get some pics together. I need to do some detailing first.

Somebody left a note on the car the other day, asking if it was for sale.

I contacted him, he wants a restoration project...that's good, but I told him I'd have to think about the price.

I was hoping he would make an offer, but he put the ball in my court.

Part of me just doesn't want to let it go, at least not for peanuts.

Don't want to scare away someone who will take care of this car either.

[NYNick]

I always look at these 'projects' as to what they'll be worth after they're done. Your "Bad" list adds up quickly. Rust Repair. Paint. New interior seats and carpet. Probably headliner. Dash etc. Add that to the oil leaks. The interior alone is a $3K job. I just got a quote for new seats front and rear and headliner for $3.2K. Carpet is another $300 DIY. I haven't even discussed rust and paint.

 

Sounds like $4K-5K in repairs all day long to me. Subtract that from a nice 2002, and that's your price. $5K sounds about right, but would make me nervous about breaking even if I was buying it.

 

GLWS

[vacca rabite]

I just bought a 75 2002 in fair condition for $2K, in the east coast. For me "Fair" has rust in non-structural areas that can be easily repaired, worn paint, sound mechanicals and an interior that needs freshening.   In Cali they may have cut up my car for parts. Location means everything. 

 

For me  a $5K 2002 needs to be basically rust free, or all mechanicals sound and the driver could drive it home safely. 

 

For $7k I would expect both options above to be true (rust free driver that needs sprucing up but is totally safe to drive). 

 

But, that's east coast rust belt. YMMV. 

 

 

[Dirtsquirt]

I bought my non running, slightly rusty '76 auto for $150 last year in Ballard.

 

and then again I've seen clapped out projects listed at 10k+

 

market is everywhere but depending on how the rust is $5k or under is probably a good starting point. I'd like to see some pics of what you have. I'm in western WA as well