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For Sale: 1966 Imperial Crown Convertible - Project - $19,000 - Carmichael, CA - Not Mine

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For Sale: 1966 Imperial Crown Convertible - Project - $19,000 - Carmichael, CA

1966 Imperial Crown for sale by owner - Carmichael, CA - craigslist
Seller's Description:

We are selling our 1966 Imperial Crown. A great example of one of the 514 convertibles made that year. From what we can find this is a very rare combination of color and options that deserves the right owner to put it back out on the road. Open to all reasonable cash offers. Here are the details:
-Lilac Metallic paint
-CA car (delivered to Monterey, CA)
-Last year full body frame
-Ran when parked in covered storage 10+ years ago
-First year with 440 CI engine
-Torque Flight Transmission
-White convertible top and interior
-6-way Power seats with driver's side head rest
-Power trunk release
-Power antenna
-Passenger rear view mirror
-Dual exhaust
-Factory / dealer installed tow hitch
-Dual AC
-Floor buttons for high beams and radio selection
-Golden Touch radio with Reverb stereo speaker in rear seat
-All 4 hubcaps in trunk
-Parade Trim
-Vinyl cover for convertible top
-Several original brochures from 1960’s Imperials
-Glass covered headlights
-All OEM chrome and badges intact
-This Imperial seems to have most of the 1966 options available

Known Issues
-Has not run for 10 years
-Some dents and scratches
-Tires need to be replaced, but will hold air for transport

Please email me your name and phone number and we will call you and answer any questions you may have.
Thank you,
Contact: No phone listed
Copy and paste in your email: 3386908506a23b05856c40efa387b803@sale.craigslist.org

I have no personal interest or stake in the eventual sale of this For Sale: 1966 Imperial Crown Convertible - Project

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It has a lot going for it. Color, options, etc.  


However I don’t think the seller appreciates how much time, money and effort a recommissioning takes.  After all it WAS 100% functional the last time they saw it so how bad could it be now?

A basic full wake up is at least $2000 in parts. At least 80 hours IF nothing is seriously wrong. Fixing all the accessories is many more hours.  A new top (the old one has just a few foldings left in it) is at least $1000, probably more like $2000.  

At $19k I would expect a running sorted car. What’s it worth in this condition?  $7k to $10 and I would call.  But sellers rarely accept 50% off their initial asking price.  Instead they keep listing and hoping for months, sometimes years.  

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The trailer screams flipper and he likely paid $5000-$7000.  The market price.  
Doubling your investment is the target sales price for these entrepreneurs.  

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