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3 hours ago, auburnseeker said:

"25K tires, small parts, instrument repair.."

 

I think he meant all the small stuff including tires,  that will add up to the 25K.  Wire harness, new battery, new glass, rubber bits, I'm guessing nothing is really nice and will just need a little cleaning to look new.  This car looks like every piece needs heavy rehab. That front fender needs alot of help and that's from what I can see in the photo. I see day light through the firewall.  I'll bet there is alot missing from this car.  

You would be better to buy mine than try to restore this one and restore it instead.  I'll take the money and start looking for an Auburn.  

Besides it's guaranteed that as soon as I sell mine,  the value on these will sky rocket. ;)

Yes, thank you, that's what I meant, the,comma,got,put,in,the wrong place.   Tires, instruments, glass, etc.....it all adds up, and you always need a contingency figured in to a restoration.  When you get the $600 invoice for fixing two wiper motors, you start to understand!

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Blades and arms add another $100.  That's $700 just to have the wipers work.  

On a car like that,  you will find alot of those needy parts. 

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I just hope it doesn’t get purchased and they drop a crate Chevy engine and. A Turbo 400 in to it. A parts car makes most sense but I don’t own a Cord or have the $$$ or place to restore it. 

Dave S 

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If the open car was purchased by it's self. You would be money ahead to build a custom. A person would need both, to build one. Unless you wanted the sedan. Fun project, hope someone buys both of them.

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I meant the sedan would be a shame to make a custom. The open car as you and others have said already looks like it has started down that path. The sedan would be a fun project.  

Dave S 

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With the time and $$$ it could look a lot like this. Not sure if is same model or year. 

9B5014E1-4570-4F40-B497-FAABB85AA608.jpeg

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The value on these cars is firmly established.   The modified, engine missing, sub frame extended phaeton in Massachusetts (which I personally inspected) has been available for 25k for a long time.  It is owned by a very seasoned and smart collector who knows exactly what he is doing.  I think that real market on that car to make it actually sell is probably 18-20k.     4 or 5 years ago  Peter Kumar bought the complete but needing everything phaeton out of Indy at auction for around 25k.     Finally,  the car that was subject of this thread below sold for 53k as a incomplete restoration but with all pieces and lots of work done.  Plus a nice original interior.   I bid on that car up in to the high 40s and I thought it was a really good car.     This car is closer to the car in Masschusetts with the extended nose and swapped engine.  So,  unless it is somehow a cabriolet and we are missing it,  the value is 20-25k.

 

 

 

As a lot of you guys know,  I'm a big cheerleader for the 810/812 Cord.   I always wanted an L29 Conv coupe but since my dad was sour on them I didn't get one when the prices were much much more reasonable.  It is only in the last 10 years that I figured out the only pre-1936 car he approves of is the Model J so I should have ignored him.  

 

I have gotten to drive an 812 about 1/2 a dozen times,  including 65mph on an interstate.  I really can't say enough good things about them.  You MUST sort them, but once that is done they are awesome and tremendously undervalued.

IMG_3455.JPG

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The one George Albright mentioned was a buy in my opinion and as such sold very quickly.  I agree with both the other 2 values.  Both those cars need a lot to make them correct before you even get to the point of restoring them.  A lot of Convertible only parts that are going to be very expensive to acquire.

I would have to get atleast 65G for my car to turn it loose and that may or may not include all the extras I have acquired for it. Eventually hopefully it will be the only one left really worth restoring so the market will adjust accordingly.  Though the survival rate on these must be over 80%. 

I figure the only realistic way to an Auburn for me is to find the guy with one that wants a Cord, or someday I'll bit the bullet and buy a donor sedan to make it correct, unless I get bored and just get it going as is.  There are a lot of things that need to be improved upon wit hate conversion before I felt comfortable driving it though and realistically that is probably wasted money.

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If I did not have my other project cars, I would go and take a look at the cars. I can do all the work myself, just beer in the fridge, a few power tools and a welder. And I would roll something out of the garage????:D:D:D

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13 minutes ago, Xander Wildeisen said:

If I did not have my other project cars, I would go and take a look at the cars. I can do all the work myself, just beer in the fridge, a few power tools and a welder. And I would roll something out of the garage????:D:D:D

I’ll buy the beer you buy the car and do the work. We’ll split 50/50. On second thought I may need 60/40 to break even. ???

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by Auburnseeker:  "I would have to get atleast 65G for my car to turn it loose and that may or may not include all the extras I have acquired for it. Eventually hopefully it will be the only one left really worth restoring so the market will adjust accordingly."

 

Well, in the unrestored category, as long as I'm living and not in a financial crisis, then my '37 phaeton will remain unrestored, so sounds like there'll be two "worth restoring".  It's as solid and complete as can be, and runs and drives fine.  It's not for sale, but if it were, 65K wouldn't get it.  I'm very fortunate to have acquired it in the 1980's, although to get it I gave up a car that I wish I had back!

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1 hour ago, trimacar said:

by Auburnseeker:  "I would have to get atleast 65G for my car to turn it loose and that may or may not include all the extras I have acquired for it. Eventually hopefully it will be the only one left really worth restoring so the market will adjust accordingly."

 

Well, in the unrestored category, as long as I'm living and not in a financial crisis, then my '37 phaeton will remain unrestored, so sounds like there'll be two "worth restoring".  It's as solid and complete as can be, and runs and drives fine.  It's not for sale, but if it were, 65K wouldn't get it.  I'm very fortunate to have acquired it in the 1980's, although to get it I gave up a car that I wish I had back!

IMG_0102.JPG

Wow, that truly is a fabulous looking Cord! It has been over 35 years since I laid eyes on an unrestored one.

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22 hours ago, SC38DLS said:

I just hope it doesn’t get purchased and they drop a crate Chevy engine and. A Turbo 400 in to it. A parts car makes most sense but I don’t own a Cord or have the $$$ or place to restore it. 

Dave S 

 

But, what happens to the parts car when the job is finished? Some guy sneaks it home and drops the crate engine into that? I can see a chain of events heading into infinity.

 

The best thing would be for the current owner to step in and say "I don't want this car modified. I only want to sell it to someone who will preserve the car's originality the way I did."

Let that seller stick to his guns. No one messes up a rare car if he sells it. Otherwise he will continue to maintain and restore it as he has since he owned it!

 

You gotta be firm and show some leadership to those hot rodder fellas.

 

The old guy said "I ain't felt the wind in my hair in a summer hide in that Cord with the top down, but I sure like the feel of the wind across my teeth when I give my opinion of what should be done with it."

 

I left the house one day to look at a car a friend of mine had owned a long time and might sell. I told my Wife "I'm going over to see if I can liberate *****'s car."

She smiled and said "I know exactly why you used that word."

 

Bernie

Edited by 60FlatTop (see edit history)

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Hope and reality are two different things. If I had the dollars and space my hope could be reality but I don’t. The buyer gets the privilege of doing what ever they want to it. My hope has no control nor does the sellers wishes after the sale is complete. The sedan deserves be saved because of its rarity if nothing else  but time will tell. 

Dave S 

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Even if the buyer were earnest and had all intentions of restoring the car, unfortunate events can happen and then the car is dumped on the market to cover life expenses that take president.  Especially if the party that was in love with the car with the best of the intentions is taken out of the picture and the family/ estate is left to deal with it.  This could happen to one of any age,  so you can't even say,  well that young guy is the best choice because he has the longest amount of time to actually finish it.  Actually the older guy might be better because it won't be his first endeavor and he may have the finances to see it through,  Even if you can do a lot of the work yourself,  A cord is still not a cheap catalog car to restore.  

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On a side note,  that sedan is probably less rare than some maybe even many  other independent sedans from the 30's.  At any time of day,  you can access several Cords in all configurations including unrestored ones for sale.  Thus the reason the market hasn't increased because there is no scarcity of supply. 

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On 12/31/2017 at 3:18 PM, auburnseeker said:

It actually looks like some sort of frame horn sticking out under the passenger side front fender that's definitely not Cord.

What I think I see on the front of the sedan is the bumper spacing block turned 90 degrees.  It goes over the fender surface and the bumper bar attaches to it.  The bolt holds everything to the stub frame inside the fender. 

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10 minutes ago, auburnseeker said:

On a side note,  that sedan is probably less rare than some maybe even many  other independent sedans from the 30's.  At any time of day,  you can access several Cords in all configurations including unrestored ones for sale.  Thus the reason the market hasn't increased because there is no scarcity of supply. 

 

I agree with your statement for the last 15 years or so.  It seems prices were much lower, then in 2002 or 2003 there was a marked increase in sales prices for the 810 and 812.  Prices have moved around some since then, but it's pretty easy to predict in what price range a certain car should sell, based on body style and condition.  As I mentioned, I bought mine in about 1985, and am very pleased with what the price levels were then compared to now!

 

However, let's don't forget the cabriolet which sold in 2017 for $412,500.....that's the record high as far as I know.....

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That reference was to the convertible, which has some sort of frame sticking out underneath. 

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It’s only time, money, ability and patience. Wish I had more of each.  

Dave S 

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1 hour ago, trimacar said:

However, let's don't forget the cabriolet which sold in 2017 for $412,500.....that's the record high as far as I know.....

 

Like I said, I'm a cheerleader but that Cabriolet is in a very rare space.  One of the original 60 or so blown cars in that body with a famous pedigree and very high end condition.

 

The phaeton that is subject of this thread  might never make 200k even if you put 400k in to based on the starting point.  

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2 hours ago, alsancle said:

 

The phaeton that is subject of this thread  might never make 200k even if you put 400k in to based on the starting point.  

Are you saying that one owner/little old lady/who help little kids, story does not apply to a bombed out car under a tarp?? 

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It is hard to achieve absolute top dollar like the 412k for the Cabriolet if you start with a car this rough.   There are buyers that would consider it a kit car.

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