1936 Cadillac Convertible Coupe Fully Restored

[motoringicons]

1936 Cadillac Series 60 Convertible Coupe (Fisher Body, #6067). This car was purchased by the current owner in 1969. The car was a very solid, complete and correct car that he drove for about 15 years as-is and then commenced on a complete restoration which was completed in the 1980s. The body, fenders, floors, etc were excellent and needed virtually no work other than stripping and painting. The restoration consisted of a complete mechanical restoration-engine, transmission, brakes, rear end, wiring, etc, etc, new paint, new upholstery, new chrome, new glass, top, restored gauges, etc. When the car was originally restored, it was painted in laquer. Over the years, the laquer paint began to crack so the car was completely stripped down to bare metal and repainted in base/clear in about 2007. The chassis was re-detailed as needed and a new top was also installed.Today, the car looks like new and has been driven little since the second restoration was completed. New tires were added a couple of years ago. The car is finished in the correct shade and correct 1936 Cadillac color of Colonial Cream. The car runs like new, everything works and the car presents extremely well inside and out. The chassis shows normal signs of use but is very clean and detailed. We are asking 92,000.00 for the car but will consider all offers. Located near Detroit, MI. Please call 734-730-4274 or email: motoringicons@hotmail.com to schedule and viewing or for more photos and information.

[Guest travw]

The Old Car Price guide shows a number one car should sell for $62K and a number 2 which is what most cars are to sell for $43k. Wii you take $45k for it ?

[rusty12]

Travw-If Old Cars Price Guide or any other price guide quotes numbers like this, then they must have a stash of them they can sell you for that price. I would contact Old Cars Price Guide see if they will sell you the above car for 43K. If they don't have one they will sell you for that price, or can't help you find one for that price, then I would not give their quotes much credit. Prices are based on supply, demand, etc. I would think the above listed car is probably listed for what the owner has in the restoration-maybe even less.

I have seen real average to below average cars like the one above for 40-60K. Any of these cars would need another 50-80K in restoration to resemble the above car and would probably take a couple of years to complete.

I am not saying that the 92K is a bargain by any means, but I don't know that you could replicate the car for that amount of money.

At the Hershey auction this year. A 1936 La Salle Convertible Coupe sold for 96,200.00 . Did Old Cars Price Guide record this actual sale? From what I read in their price guides, Cadillacs are priced more than La Salles!!!

I am not trying to give you a hard time, just pointing out some real facts of the actual market!

Edited November 1, 2011 by rusty12 (see edit history)

[trimacar]

I agree, one has to take price guides with a grain or more of salt.......if you look at some of the early brass car pricing that's in some of the price guides, you go crazy....at some of the prices I'd buy a dozen, and make money on every one......they're just way too low. On other cars, one would love to GET what the price guide states.

I believe a lot of price guides are computer generated from older numbers, and each marque is not necessarily reviewed in detail by people who would really know what a specific car is selling for these days.....

And, in today's market, it's condition, condition, condition. High dollar cars are either excellent restorations or excellent originals, project cars are cheap to buy but the most expensive buy out there in some cases, and older, beat up drivers won't bring good money.....

[motoringicons]

btt

[motoringicons]

btt

[John_S_in_Penna]

So many asking prices these days begin with greatly optimistic numbers--especially when dealers are offering the cars. You may have noticed that at the Hershey car corral.

I found that the 2010 Krause Publications annual price guide vastly undervalued Locomobiles when I bought one that year, but for cars more often seen, such as Cadillacs, they have a bigger database and I've found them to be more accurate.

I'm not passing judgment on Mr. Icons' Cadillac, because he has offered some interesting cars here in the past, and this certainly is interesting. When considering a car for purchase, it's best to consult experts in that particular make and era. But take sellers' asking prices with a bigger "grain of salt" than you take the price guides!

[Guest ewing]

I always enjoy the discussions around any particular car for sale and the debate over the asking and worth prices. It takes a willing seller and a willing buyer to arrive at a final sale price. The wider the range the longer it takes to sell, unless the seller can find that one buyer that wants the car for reasons that go beyond 'market value' into emotional wants.

What I'd be interested in ( and dealers would have these numbers), is what cars original asking prices are set at, and what they ultimately sold at ( and how long it took to get the sale).

Of course I'd never expect to see these numbers published because of buyer/ seller privacy arguments. But it would be interesting to know how asking prices are arrived at and what typical 'margins' over actual final sales are in the ask.

But I'd really like to see some stats on this.

Any dealers out there willing to publish these numbers?

Just curious.

[Matt Harwood]

I have some thoughts that you might appreciate John (and others), but I don't want to hijack Motoringicon's wonderful Cadillac post, so I've put it in a separate location:

http://forums.aaca.org/f169/thoughts-being-dealer-warning-long-post-321438.html