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Cadillac Fan

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Posts posted by Cadillac Fan

  1. I would value it similar to this 41-62 convertible sedan that Mecum just sold for $40,700.  (Dealer now asking $59k). 

     

    https://www.mecum.com/lots/1110241/1941-cadillac-series-62-convertible-sedan/?aa_id=540087-0

     

     

    The 38-65 is a rarer car but I don’t think that makes much difference in 2024.  
     

    If you like the car, offer $40k.   It may take a few months but I bet you own the car before the fall.
     

     

     

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  2. It will cost you over $100,000 to send it to someone qualified to restore it.   You will be able to sell it for $18,000-24,000 once it is completed.  
     

    If you also received a seven figure plus  inheritance, and this car is a family heirloom, and you are passionate about pre war cars, then I would do it.  
     

    if not I would sell it.  

  3. 3 hours ago, alsancle said:

    I do not have a facebook account and will never have one.  I do use my wife's account to watch a couple of groups,  the Phantom II society and the Condensing Stanley page.

     

    Everybody needs to understand that ALL open Packards on a desirable chassis are suspect.   Because of that when you are selling your 745 Roadster or your 34 12 Coupe Roadster you need to provide as much history as possible to achieve the highest price.    People pick their price points based on the high auction number they may see on a particular car.   But it is never apples to apples.   That auction car may be a 3 owner car that the seller has 1,000,000 invested and is selling it for 500k.  

     

    The car we are talking about here was clearly restored in the 80s or 90s based on the colors and accessories.   To achieve top price for the first thing I would do is throw every accessory in the trash and put blackwalls on it.   Then I would research and write up as accurate a history for as far back as possible.    If you can at least get it back in to the 60s or even better 50s with that body on you can probably start asking for a pretty high price.

     

    I feel bad when I see this because it makes me think its an estate and the wife or kids don't know what to do.


     

    Don’t feel too bad.  They are asking $290k more than what it sold for 13 years ago.  

  4. I agree.  No one wants to lose their shirt on a restoration that takes 2-4 years for a pre war production car. And the collector car market is shifting.  New money (people in their 20s-50s) are not into prewar cars.  They may develop an interest later in their life depending upon their financial situation.  

     

     The future is sports cars from the 1950s-through the 2010s.  European and JDM.  
     

    The major-major-league pre war cars will continue but a Lamborghini Diablo won a class award at Pebble Beach this past weekend. No one would believe that 5 years ago. 

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