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Best way to value and sell an older / classic car...

Discussion in 'General Automotive' started by zguy1, Jan 12, 2024.

  1. Jan 12, 2024 at 9:41 AM
    #1
    zguy1

    zguy1 [OP] Well-Known Member

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    Hello everyone.

    My father has had a 1967 Ford Galaxie 500 sitting for the past 20+ years in his garage. I have been cleaning out his garage and it is time for this to go. It ran and drove when he parked it.

    I have spent sometime looking it over and the frame is severely rusted. The rear brake lines are completely gone. I cleaned up the points and changed the fuel filter that goes into the carburetor and it fired right up. To avoid running off of the old fuel in the gas tank, I ran a short fuel line to the fuel pump from a gas can.

    The interior is in good shape. I will double check but I believe the hood, trunk and doors are in good shape too. The rears quarters have rust on the bottom and the left quarter is dented.

    I would assume the buyer would be doing a restoration to repair the frame or using it for parts.


    How do I determine what the value is or asking price should be?


    Appreciate the suggestions as always...
     
  2. Jan 12, 2024 at 10:06 AM
    #2
    JJ Customs

    JJ Customs Supreme Leader!

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    Probably look around marketplace and the like to see what someone is asking for a car similar to your own. Beyond that maybe look for some classic Ford or Galaxy forums and snoop around those. A lot will depend on if the frame is repairable or if the car is doomed to be a parts car. The last thing you can do is dig around the internet and see what are sought after parts. Interior, trim and the like. Strip it of those and good panels, doors, fenders, hood and such and part out. Those can be hard to find parts. I helped my uncle restore one back in the 90's (a 63.5) and we drove 7 hours just to get an original piece of trim. The value is really what someone is willing to pay. A Galaxy forum would be a great place to start.

    Option two, start watching Roadkill and Roadkill Garage. Shore up the frame or find a donor and have a bunch of Shenanigan's!
     
  3. Jan 13, 2024 at 6:57 AM
    #3
    zguy1

    zguy1 [OP] Well-Known Member

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    Thanks for the suggestions. I would like to do a restoration one day. Just never thought about doing a Ford though. In any case, I am not in a position to do one on any car at this point in time.
     
  4. Jan 13, 2024 at 7:03 AM
    #4
    ace_10

    ace_10 Well-Known Member

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    If you provide the body style, trim and drivetrain, I can look up the Hagerty values for you. With the rust issues, it'd be in #4 condition.
     
  5. Jan 13, 2024 at 7:23 AM
    #5
    zguy1

    zguy1 [OP] Well-Known Member

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    It's a 2-door 1967 Ford Galaxie 500 with a V8 (289 ci).

    Here is a picture.
    [​IMG]
     
    ace_10 likes this.
  6. Jan 13, 2024 at 7:32 AM
    #6
    ace_10

    ace_10 Well-Known Member

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    Here you go
    upload_2024-1-13_10-30-37.png

    With only $10K of headroom between a #4 and a #1, IMO there's basically no way to restore and not lose your shirt. Gotta be a labor of love.

    Good luck.
     
    shakerhood and TacoSR523 like this.
  7. Jan 13, 2024 at 7:39 AM
    #7
    ace_10

    ace_10 Well-Known Member

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  8. Jan 13, 2024 at 7:44 AM
    #8
    not a charger

    not a charger Well-Known Member

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    Cool car, very tough to find some of those parts though. Other than the quarter rust, is the body/underside solid? Rusted brake lines, fuel lines, tank, etc. wouldn't bother me much because that's easy to address. But floor, structural, door seams, trunk lid seam, etc. rust is a real killer unless it's a labor of love.
     
  9. Jan 13, 2024 at 7:49 AM
    #9
    zguy1

    zguy1 [OP] Well-Known Member

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    I agree with your assessment. I wouldn't pay $5300 for this car as is. The car would need frame repair or another frame, brakes, brake lines and a bunch of seals to say the least before being road worthy. My thought is maybe it is closer to a $2000 car. That price might still require the right buyer.


    That's a lot of car for the price.
     
    ace_10[QUOTED] likes this.
  10. Jan 13, 2024 at 8:11 AM
    #10
    not a charger

    not a charger Well-Known Member

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    I hate to say it, but if it's that far gone rust wise, it's a parts car unless someone just has to have it or just has to restore it. It would cost a fortune to fix, would not be worth a whole lot, and has a narrow buyer's market.
     
    ace_10 likes this.
  11. Jan 13, 2024 at 8:16 AM
    #11
    zguy1

    zguy1 [OP] Well-Known Member

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    I need to take a closer look at the body and underside but the frame is very rusted and has missing sections. I know the rear quarters have rust at the bottom which is apparent from inside the trunk. I think the front fenders have some rust at the bottom. I believe the hood and trunk do not have any rust but would need to check. I also need to check the doors but they might be okay too. Bottom line, the weather and rust has not been kind to the underside of this car.

    If the frame was not an issue, I think you could give the car a tune up, replace the brake lines, reseal the engine and transmission, replace the fuel pump, power steering pump, belts and drive this car all day. However, that is not the case as there are frame issues which are structural.

    Here are a few more pictures of what I have with me. I think the fuel tank must have been leaking as there is a new fuel tank in the trunk. Looks like my dad got another tail light as well as there is one in there too. Btw, I can't get too much information from my dad as he now has dementia.

    [​IMG]
    [​IMG]
    [​IMG]
    [​IMG]
    [​IMG]
    [​IMG]
    [​IMG]
     
    shakerhood likes this.
  12. Jan 13, 2024 at 8:18 AM
    #12
    hr206

    hr206 Well-Known Member

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  13. Jan 13, 2024 at 4:19 PM
    #13
    Wsidr1

    Wsidr1 Well-Known Member

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  14. Feb 4, 2024 at 7:09 PM
    #14
    cruxofthebisquit

    cruxofthebisquit Well-Known Member

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    OME and worth every penny.
    As things go. that car looks pretty good from up top, most from back then are ate all the way around the wheels if not from the west. I guess it was washed often but not underneath. Shame.
     

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