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lordkarma88

HLS30-00762 popped up, pretty banged up

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5 minutes ago, siteunseen said:

That won't last long.

The scary thing is that I think it's a good deal.  

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55 minutes ago, motorman7 said:

The scary thing is that I think it's a good deal.  

Me too!  Cheap for 1/70 build date I think. 

Buy it.

Safari Gold paint, one of my favorites.

Edited by siteunseen

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19 minutes ago, siteunseen said:

Me too!  Cheap for 1/70 build date I think. 

Buy it.

Safari Gold paint, one of my favorites.

Tempting, but I am currently space constrained. I am semi-seriously looking for a car barn.  That would make me dangerous I think.

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"Very minimal rust" is not how I would describe that! If you look close you can tell there is rust everywhere: spare tire well, dog legs, frame rails. The front rails look all gooped up with fiberglass or something. If you look close at the front fender the front edge is all gone, covered with electrical tape. I would like to see it saved but I think 10k is a little high.

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26 minutes ago, grannyknot said:

It is those rear quarters that scare me, god knows what you are going to find when you remove them.

I thought the same thing

14 minutes ago, 26th-Z said:

Yea, this doesn't look very promising.

CL-HLS30--762_r.jpg

You know it's on thick when you lose all of the floor details. The seam is rusty, so I suspect there is lot's hiding under there.

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762 isn't all that low but it's a bonified early car with that rare, OMG rare, gas door knob.  This picture is the hallmark of provenance.  The description says that the engine is "sized".  What does that mean?  Re-bore oversize or seized?  I think you would have to buy this for half the asking price to make a restoration work $.  The rear quarters are going to be expensive.  Door, floors, front fenders...  I would leave the CB antenna on the roof.  Ha!  Provnance!  Love the back-up light.

CL-HLS30--762_c.jpg

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Looks like it's seen a lot of snow and salt in its day (viz: remnants of a ski rack on the roof, super-size back-up light, along with what looks like it might have been a mount for a roof-mounted spotlight).  Previous owner appears to have been 'active' -- pilot, skier, rallye competitor.

Those fabric-covered hoses in the engine compartment look frighteningly original! 

And the dash looks uncracked.  I wonder how long it's been off the road?

My guesstimate:

Buy it for $3K.  DIY restore, plus bodyshop prime/prep/paint, plus new wheels/tires: another $15K - $25K.  End value for re-sale:  $20K for a low-ball restoration, $30K for a 'good' restoration.  As 26th Z says, it's not a low enough VIN to carry much of a premium value.  I suspect you have to get down into the double-digits for that to happen.

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Don't agree with your numbers and I would value the car at well above $30k.  More like $50 - $60k.

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I agree with 26th. I think done reasonably well the car is 50k or so. I would say any sub 2000# cars are considered really early cars. That might even apply to 5000# and below. the first 500# cars are a breed apart and are already in the 90-100k value area.

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20 minutes ago, Patcon said:

the first 500# cars are a breed apart and are already in the 90-100k value area.

It would be cool to see those transactions.  I've seen it suggested they happen in secret, but without seeing one it's hard to know what really happens out there.  Of course, value, as is often said, is what a person pays.  The only person that can really assign a value is somebody who buys one.

Sounds like you're saying that a sub-500 VIN adds about a 50% premium.  Don't know, just would like to see a real $100,000 transaction documented.  It would mean more, no offense.

https://www.hagerty.com/apps/valuationtools/1970-datsun-240z

image.png

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2 hours ago, Zed Head said:

Sounds like you're saying that a sub-500 VIN adds about a 50% premium.  Don't know, just would like to see a real $100,000 transaction documented.  It would mean more, no offense.

No offense taken

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