6PKRTSE
Well-Known Member
Yes he is. He even bought it off a guy that owned it 40+ years.
Your thoughts on this 1970 V Code Super Bee for sale?
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DynaBro
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I was willing to talk about final coast after restoration considering he does the work but when he started spitting all those high numbers at me I automatically recoiled. Not because of the money, because I felt like I was dealing with someone who was not going to be an honest or reasonable person to deal with.
Anyone look into the black one in Chicago they keep listing as a Super Bee/RT they claim to know nothing about?
gtx6970
Well-Known Member
Might have been the guy who was damn tired of trying to keep a black car clean.
having them in the past I swore I would never own another black car. But yet here I am
gtx6970
Well-Known Member
I agree with Doug here.
End value is going to depend A LOT on final cond just as much if not more on the fact its a black on black car
Runcharger
Well-Known Member
Sorta nice combo, No N96, I didn't read whether matching #'s as I had already lost interest. Let him save it and make all that money I say. It looks to me like everything of interest is missing, and this stuff is getting harder to find by the day.
Please do not buy the car as an investment.....I can almost certainly guarantee you will never make a dollar if you fully restore the car correctly.
DynaBro
Well-Known Member
Dude all I want is a nice driver. If the price is right I don't even care if it's a clone. But I have specific musts. And if I were to restore something I figure might as well go with the best base possible and since I basically want an N96 V code things like this get my attention. But not at $40K.
Their shop was about 10 miles from my house. Something happened and they closed up and don’t do work on cars anymore. This and a few other cars were undoubtably part of their personal collection. They have been selling off their cars for about a year now, I would expect this is one of the last cars they own. Maybe u defeated in the business, maybe a divorce or something, I don’t know. But something caused them to close abruptly.
I had approached them about doing some work on my Roadrunner when I first got it. I tried to explain what I wanted, but they just talked over me and told me they would dump this, and replace that, and basically not even hear what I wanted to do. I glazed over and thanked them for their time, and moved on my way. It would’ve been handy to have someone close by to do what I wanted to do. I can just imagine I would be in body shop he’ll with their closing.
Same with a couple members here, who were going to work on my Valiant Signet convertible. After seeing their shop, and the shady way they treated a friend of mine, I’m glad I didn’t take my car there. They pumped my buddy out of a bunch of money, and never did give his car back. And of course they still owe me money for work I did for them that were supposed to pay back with work on the car, but they always had an excuse, and now bash my work as the reason they don’t owe me a cent. Seems to be an epidemic in the “body shop” business.
I had approached them about doing some work on my Roadrunner when I first got it. I tried to explain what I wanted, but they just talked over me and told me they would dump this, and replace that, and basically not even hear what I wanted to do. I glazed over and thanked them for their time, and moved on my way. It would’ve been handy to have someone close by to do what I wanted to do. I can just imagine I would be in body shop he’ll with their closing.
Same with a couple members here, who were going to work on my Valiant Signet convertible. After seeing their shop, and the shady way they treated a friend of mine, I’m glad I didn’t take my car there. They pumped my buddy out of a bunch of money, and never did give his car back. And of course they still owe me money for work I did for them that were supposed to pay back with work on the car, but they always had an excuse, and now bash my work as the reason they don’t owe me a cent. Seems to be an epidemic in the “body shop” business.
Maybe I am missing it, but I don't see this car you are asking about having the N96 option.
#41
Well-Known Member
1. Yes, this car is rare and a neat combination... but it's not the rarest V-code car produced. The rest of his statement about it being the most desired color and most collectible v-code is purely subjective, not fact.
2. Sure I could see this car going for $100-120k restored correctly. But that takes time and lots of money invested. The ad itself leaves no guess as to why he's selling it. He states that needs cash right now.
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Anyone expecting that car to go for $120K after a FULL CORRECT restoration had better be ready to spend $150k + the purchase price to do so.
He stole that 70 Road Runner V code car,project cars are selling for that. This is not the norm. A triple black 4 speed V code bee is a very desirable car. He isn't off the mark on the asking price.
6PKRTSE
Well-Known Member
I never buy my cars as investments. It is for the love of this hobby. However, I never lost any money on a car if I have had to sell something. I don't have 10G's into my red 70' R/T S.E. including purchasing it to date and that is with owning it 34+ years. Since a 70' R/T S.E. just sold at Mecum for 230G's. I would say I am doing okay. I have several of the same stories on all my other cars as well.
I know my 70 V code Charger R/T wouldn't be leaving my garage for 40k!
DynaBro
Well-Known Member
Right. But he's not talking about going back in time and buying a car even ten years ago much less 34. He means today's market is unsustainable (and not just cars) and nothing is priced at a price that will make a solid investment, especially considering the modern costs of restoration. I feel that's a pretty obvious point.
Buyer's Market coming Soon. Recession, Inflation, Illness, Aging, Political Unrest, etc... There will be some Nice opportunities for those that prepared for this...
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Stock market still rising, that ain't happening anytime soon. I made 2 % in the 30 days from Dec 11 to January 10th alone.
DynaBro
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Until you redeem and pay your taxes you have no idea what your investments really amount to. Probably a good time to get out given the international instability, a coming presidential election with massive implications including a wholesale loss in US credibility if it looks fishy again, the United States having been invaded by 120 million foreign bodies since 1990, and financially prostrated by the Biden administration into a debt crisis that borders on the fantastical. Market is going to crash. They can't keep printing money just to export gay rights to Botswana at the end of a rifle.
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"Redeem and pay my taxes".. on your side of the imaginary line maybe! On our yearly RSP draw (Fedex just showed up with our cheques an hour ago for 2024) I have it pretty much down to a science at 12% tax pay out. Wife's open mutual funds are tax free to withdraw, but of course the capital gain isn't. We only pay tax on 50% of the gain, I have her pretty much down to 15% tax per year when pulling both her RSP amount and some Mutual funds. Have had zero employment income for over a decade, so time to get the RSP out the best we can before we turn 71. Stock market is obviously going to correct itself at some point, but it ain't gonna crash.
They have been propping up the economy with trillions of printed dollars, it's a house of cards and the collapse is going to be devastating!
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