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Re: Classic car dealers [Re: DaveRS23] #3215930
02/24/24 09:35 PM
02/24/24 09:35 PM
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Central US
grancuda Online content
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Originally Posted by DaveRS23
Originally Posted by A990

Carvana seems to gravitate toward selling stolen cars. Due diligence is needed now more than ever.


Maybe not much longer: https://zacjohnson.com/is-carvana-going-out-of-business


That article is out of date, Carvana seems to be doing well as of this week.

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1967 Barracuda Formula S 383
1967 Chevy C10 Short Stepper
1980 Macho Power Wagon LWB 318
2021 Toyota Supra
Re: Classic car dealers [Re: grancuda] #3215936
02/24/24 10:19 PM
02/24/24 10:19 PM
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Park Forest, IL
slantzilla Offline
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Last I saw Carvana had lost their business license for the 2nd time in Illinois for failing to provide titles to cars.


"Everybody funny, now you funny too."
Re: Classic car dealers [Re: slantzilla] #3215986
02/25/24 07:46 AM
02/25/24 07:46 AM
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Someplace you aren't
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Thing nobody can explain about carvana- gross profit per car is about double all other publicly listed dealers. Yet they can’t turn a buck most quarters, and they had to get a debt forgiveness to the tune of a billion dollars! Uh ok then.


I want my fair share
Re: Classic car dealers [Re: SomeCarGuy] #3215992
02/25/24 09:00 AM
02/25/24 09:00 AM
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Found a rough looking 67 satellite at a car dealership yesterday, years ago i wouldve wanted it!Now I'm like ehhh....Think im over buying rough mopars. drive

Last edited by rdrnr6970; 02/25/24 09:02 AM.

OWNER OF EVERYTHING FROM 1956 300 B,IMPERIAL,NEW YORKER HEMIS,AND NEW HEMI TRUCKS.....5TH GENRAMS.COM... 1969/70 ROADRUNNERS ,DARTS/CORONETS, NORTHEAST HEMI OWNERS ASSOCIATION.....WWW.PHANTASMCUDAS.COM....MOPAR FAMILY FOR 50 YEARS AND STILL GOING!MOPAR OWNER COAST TO COAST!!!!
Re: Classic car dealers [Re: grancuda] #3216010
02/25/24 11:35 AM
02/25/24 11:35 AM
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Benton, IL.
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Originally Posted by grancuda
Originally Posted by DaveRS23
Originally Posted by A990

Carvana seems to gravitate toward selling stolen cars. Due diligence is needed now more than ever.


Maybe not much longer: https://zacjohnson.com/is-carvana-going-out-of-business


That article is out of date, Carvana seems to be doing well as of this week.


So, after a couple of years of devastating stock plunges, you choose to point to 2 days of modest stock improvements climaxing Friday morning before beginning another slide. Are you buying or selling on that news? laugh2


Master, again and still
Re: Classic car dealers [Re: Charger727] #3216068
02/25/24 02:12 PM
02/25/24 02:12 PM
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Glen Burnie MD
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Originally Posted by Charger727
Originally Posted by 70VcodeCoronetRT
I'm just looking around for a few different old Mopars to maybe upgrade to. And it seems like 80% of cars listed for sale are classic car dealers. Do they just swoop up and buy any good deal? And then double to triple the price. I guess you have to be lucky and find something local that's not on the internet.


Case in point - my car - 71 Duster w/408 stroker 4-speed, wilwood brakes, upgraded springs, sway bars, bilstein shocks

Really nice car, I spent about $35K total - rotisserie restoration also had a lot of great help from friends

Sold it to a guy in Delaware in 2018 for just a tick over $30K, he ends up selling a few months later to a "classic" dealership in Ohio for about what he paid me - $30K - they put it on their website for $50K

Sits there for about year and a half - moves to another Ohio specialty dealership - now they want $70K (I noticed they installed power steering)

Eventually it sold at the 2021 Mecum Kissimmee auction for $68K including commission - billed as a "restomod"


There have been a few that have caught my eye in recent years. One was an '85 or '86 Daytona Turbo Z that was in the car corral at Carlisle a few years ago with the flyer from a consignment dealer still in the window--but with their price crossed out and a more realistic one handwritten in. I talked to the owner and he said his price was much lower because "I'd like to actually sell it."

Then there's this '83 Charger 2.2 I spotted on AT Classics last Spring, right after I talked myself out of a Shelby Charger that was a Hemmings auction. Now, this is a pretty nice example of a car you never see anymore, and it has the right options (5-speed, air, lower-body blackout, deluxe interior), but they're asking $10,995 for it! Now, how many people do you think there are in the whole world who'd still be interested in a 94-horsepower, carbureted, 4-cylinder, front-drive Dodge Charger? 50? 100? Think any of us are interested in paying eleven grand for one?
Well, it was on Barn Finds in late 2022, and the price there was only $5600.
Hope the consignor is enjoying it, because he's gonna have it for a while. haha

110922-1983-Dodge-Charger-2.2-1-630x390.jpg

Paul
68 Sport Fury ragtop
67 Fury III 4-dr HT
11 Charger Rallye
17 Challenger SXT Plus
Re: Classic car dealers [Re: 68SportFury] #3216215
02/25/24 11:24 PM
02/25/24 11:24 PM
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Omaha Ne
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this reminded me of a customer a few years back. he was selling a nice but not show quality 64 Sport fury. he took it to a local CCD and put it on consignment. He got an acceptable offer ( to him) But the Pimps said hang on we can get a lot more for it. # months later he wound up selling it for about 4K less than the offer whistling beer

Re: Classic car dealers [Re: TJP] #3216238
02/26/24 01:27 AM
02/26/24 01:27 AM
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There is a 68 GTX I inquired about last year. It keeps being auctioned ant different types of venues and the market is saying about what I think is within range for the car. It was being handled by some corvette goofs. I called and kindly went over the market with the handler. He said the guy wanted a good 30% over that. Went on to say several people had called and made my offer or thereabouts.

I told him I can’t make the horse drink if nobody else had been able. I’m still not sure if it’s the owner or the dealer calling the shots. I saw the car in the last month or so listed at yet another corvette goofball place. It might well be the owner is stuck on his number, one that is different than reality, which in turn has surely shrank in past 18 months.

I don’t know what their cut is, but taking some slickster out of the mix might create a path for a given car to sell. I’m well aware of how people can wear you out, but a good car will catch a good buyer if you simply take some decent pics and be honest about what you have.


I want my fair share
Re: Classic car dealers [Re: SomeCarGuy] #3216307
02/26/24 11:50 AM
02/26/24 11:50 AM
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Having recently been in talks with a consignment shop in PA.

IMO a lot of these places are at the mercy of the cars owner having an over inflated value of their car .

Case in point . This place charges a base fee to take the car in, then 10% of the sale price.

Ive talked to this cars actual owner and tried to buy before it was consigned. I made an offer on this one and told him if he didnt like my offer, Counter.
But he wanted nothing to do with an outright sale.

No way in hell will this car sell for high 60s

https://www.classicautomall.com/vehicles/5927/1967-plymouth-gtx-hardtop

Re: Classic car dealers [Re: gtx6970] #3216451
02/26/24 08:51 PM
02/26/24 08:51 PM
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imy wife has a 67 gtx, blue on blue buckets- not orig engine, auto/3.55 restored maybe 12yrs ago, rarely driven inside instrument panel , glove box, etc done, all bright work on the outside done. i was looking for 50k, last year, and not a taker - its not a 68/69 or 70

Re: Classic car dealers [Re: gtx6970] #3216477
02/26/24 10:17 PM
02/26/24 10:17 PM
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Oregon
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There are a few classic car dealers in this area. A couple of them have been in business for a long time but I honestly don't know how or why. A lot of the cars are "spray paint restos" with significant problems under the surface.

Re: Classic car dealers [Re: massdaytona] #3216506
02/27/24 12:29 AM
02/27/24 12:29 AM
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It's a dry heat
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Originally Posted by massdaytona

imy wife has a 67 gtx, blue on blue buckets- not orig engine, auto/3.55 restored maybe 12yrs ago, rarely driven inside instrument panel , glove box, etc done, all bright work on the outside done. i was looking for 50k, last year, and not a taker - its not a 68/69 or 70


I know of a few 67 GTXs that have actually sold. Only one was over $50k but it was a really nice and HIGH optioned car

Most of the ones I know were low - mid 40s tops unless its a hemi car


A friend of mine wants a 67 GTX

Re: Classic car dealers [Re: 68SportFury] #3217296
03/01/24 03:33 PM
03/01/24 03:33 PM
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Posts: 5,319
Land 'O Lakes
RoadRunnerLuva Offline
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Originally Posted by 68SportFury
Originally Posted by Charger727
Originally Posted by 70VcodeCoronetRT
I'm just looking around for a few different old Mopars to maybe upgrade to. And it seems like 80% of cars listed for sale are classic car dealers. Do they just swoop up and buy any good deal? And then double to triple the price. I guess you have to be lucky and find something local that's not on the internet.


Case in point - my car - 71 Duster w/408 stroker 4-speed, wilwood brakes, upgraded springs, sway bars, bilstein shocks

Really nice car, I spent about $35K total - rotisserie restoration also had a lot of great help from friends

Sold it to a guy in Delaware in 2018 for just a tick over $30K, he ends up selling a few months later to a "classic" dealership in Ohio for about what he paid me - $30K - they put it on their website for $50K

Sits there for about year and a half - moves to another Ohio specialty dealership - now they want $70K (I noticed they installed power steering)

Eventually it sold at the 2021 Mecum Kissimmee auction for $68K including commission - billed as a "restomod"


There have been a few that have caught my eye in recent years. One was an '85 or '86 Daytona Turbo Z that was in the car corral at Carlisle a few years ago with the flyer from a consignment dealer still in the window--but with their price crossed out and a more realistic one handwritten in. I talked to the owner and he said his price was much lower because "I'd like to actually sell it."

Then there's this '83 Charger 2.2 I spotted on AT Classics last Spring, right after I talked myself out of a Shelby Charger that was a Hemmings auction. Now, this is a pretty nice example of a car you never see anymore, and it has the right options (5-speed, air, lower-body blackout, deluxe interior), but they're asking $10,995 for it! Now, how many people do you think there are in the whole world who'd still be interested in a 94-horsepower, carbureted, 4-cylinder, front-drive Dodge Charger? 50? 100? Think any of us are interested in paying eleven grand for one?
Well, it was on Barn Finds in late 2022, and the price there was only $5600.
Hope the consignor is enjoying it, because he's gonna have it for a while. haha


That 2.2 Charger reminds me of a car my dad bought new in '83. I think it may have been around $12k brand new...The Plymouth version of this Charger above.
He bought an '83 2.2 Turismo..Crimson Red, with red velour interior. After he brought it home, I convinced him
to go with me, up to Mancini Racing ( at that time..6-1/2 mile & Gratiot Ave.) to buy a set of smoked tinted headlight covers for the Turismo. up


Plymouth Makes It!
Re: Classic car dealers [Re: RoadRunnerLuva] #3217302
03/01/24 04:02 PM
03/01/24 04:02 PM
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Glen Burnie MD
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I don't remember the pricing on the '83 Charger/Turismo 2.2, but the most expensive '82 I saw when I worked at the dealership was in the lower $9k range. Even with an automatic ($500ish) and air ($600+ and probably the most expensive single option you could get on an L-body at the time), it was hard to get the sticker much higher than that. My '86 that was basically a Charger 2.2 sans stripes and body kit only stickered at $9122.

If the one in the photo was Graphic Red, it would be pretty much the exact car I wanted when I was 19.


Paul
68 Sport Fury ragtop
67 Fury III 4-dr HT
11 Charger Rallye
17 Challenger SXT Plus
Re: Classic car dealers [Re: 68SportFury] #3217305
03/01/24 04:22 PM
03/01/24 04:22 PM
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Land 'O Lakes
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Yup.. I'm thinking my dad's Turismo was maybe around $9-10K new?? Not $12,000 like I mentioned... it's been 40 years..lol.
His had A/C and the automatic, with the stripe package too. I think it had the upgraded radio as well.
He also had it rustproofed at the dealership before picking it up... I remember that..because of the goop, dripping on the driveway for a couple days after he got it home..lol.


Plymouth Makes It!
Re: Classic car dealers [Re: RoadRunnerLuva] #3217503
03/02/24 03:21 PM
03/02/24 03:21 PM
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NJ
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Checked on the 66 Dodge Coronet a bit closer this time.Its a 500,bucket seat console car.4 old flat goodyear tires with magnum rims and grey primer and surface rust body.The place is a new/ old car dealer had jeeps and a couple newer purple chargers and a body shop in the other building. The coronet sat next to a 68 350 firebird that looked rough and my wife noticed it's back window was missing kinda hard looking over car in the pouring rain lol I guess I'm still alittle car crazy,got my wife some Francis Coppola and Cooper and Thief wines. I've got a great amazingwife,she saved me from hopping out of the car and into a small pond around the backend of the coronet. up drive

Last edited by rdrnr6970; 03/02/24 03:25 PM.

OWNER OF EVERYTHING FROM 1956 300 B,IMPERIAL,NEW YORKER HEMIS,AND NEW HEMI TRUCKS.....5TH GENRAMS.COM... 1969/70 ROADRUNNERS ,DARTS/CORONETS, NORTHEAST HEMI OWNERS ASSOCIATION.....WWW.PHANTASMCUDAS.COM....MOPAR FAMILY FOR 50 YEARS AND STILL GOING!MOPAR OWNER COAST TO COAST!!!!
Re: Classic car dealers [Re: rdrnr6970] #3217522
03/02/24 05:30 PM
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There is an article in “Sports Car Market” magazine this month regarding a dealer in Florida that declared bankruptcy. The jest of the article is that the owners of the cars will likely have to give up their cars for virtually nothing, even though the car owners still have their titles in hand. Everyone will need a lawyer. Not a pretty sight.

Re: Classic car dealers [Re: Redbird] #3217524
03/02/24 05:36 PM
03/02/24 05:36 PM
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Thanks Redbird for sharing this that sucks for the car owners! down drive


OWNER OF EVERYTHING FROM 1956 300 B,IMPERIAL,NEW YORKER HEMIS,AND NEW HEMI TRUCKS.....5TH GENRAMS.COM... 1969/70 ROADRUNNERS ,DARTS/CORONETS, NORTHEAST HEMI OWNERS ASSOCIATION.....WWW.PHANTASMCUDAS.COM....MOPAR FAMILY FOR 50 YEARS AND STILL GOING!MOPAR OWNER COAST TO COAST!!!!
Re: Classic car dealers [Re: AndyF] #3217653
03/03/24 09:56 AM
03/03/24 09:56 AM
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Holland MI Ottawa
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Originally Posted by AndyF
There are a few classic car dealers in this area. A couple of them have been in business for a long time but I honestly don't know how or why. A lot of the cars are "spray paint restos" with significant problems under the surface.


Perfuming up pigs for a profitable flip is a big industry. Many repair shops on you tube showing a familiar pattern: Person pays BIG $$$$$ for their dream classic car........and then take it to a pro for an evaluation or take it to a pro because it doesn't behave correctly. WHAT AN UNBELIEVABLE hacked up mess below the surface! Kiwis Classics and Customs is a shop where a big portion of his business are classic car purchases from dealers, auctions and consignment lots. One car was an absolutely stunning 69 Cougar. Flawless blue paint- built 351 Cleveland, 4 spd all new chrome new interior and new vinyl top. Perfection. But underneath is globby crap welds from an ARC welder- metal roofing material glued in with spot/glazing putty and duct tape. Self tappers, rivets and roofing tar- everything a broke 15 year old did in 1980.


https://www.youtube.com/watch?v=1wNmvDyoTO8&t=811s


Keep old mopars alive.
Re: Classic car dealers [Re: 2boltmain] #3217664
03/03/24 10:24 AM
03/03/24 10:24 AM
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rdrnr6970 Offline
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Yeah not sure about the place we were at.Alittle sketchy....The body shop had a 64 corvette sitting out side in the pouring rain with a half-assed cheap tarp covering the top of it.And read about bad things about the dealer. drive

Last edited by rdrnr6970; 03/03/24 10:25 AM.

OWNER OF EVERYTHING FROM 1956 300 B,IMPERIAL,NEW YORKER HEMIS,AND NEW HEMI TRUCKS.....5TH GENRAMS.COM... 1969/70 ROADRUNNERS ,DARTS/CORONETS, NORTHEAST HEMI OWNERS ASSOCIATION.....WWW.PHANTASMCUDAS.COM....MOPAR FAMILY FOR 50 YEARS AND STILL GOING!MOPAR OWNER COAST TO COAST!!!!
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