Member Needs Help On 1976 Eldorado Estate Pricing

Started by Jack Miller CLC# 24441, February 11, 2009, 09:16:51 PM

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Jack Miller CLC# 24441

Hi All,

It is now April 15, 2010 and the 76 Eldorado is still in the same spot. I want to make my mom an offer this week. Is 10 grand fair? As I said it has not ran in over 10 years and has been sitting in her garage, bad gas and all.

Thanks
Jack

The Tassie Devil(le)

I still say that whatever the price is, I don't think everyone is going to be happy, but $10,000.00 is a realistic price, having regard to it being sitting for so long.

Bruce. >:D
'72 Eldorado Convertible (LHD)
'70 Ranchero Squire (RHD)
'74 Chris Craft Gull Wing (SH)
'02 VX Series II Holden Commodore SS Sedan
(Past President Modified Chapter)

Past Cars of significance - to me
1935 Ford 3 Window Coupe
1936 Ford 5 Window Coupe
1937 Chevrolet Sports Coupe
1955 Chevrolet Convertible
1959 Ford Fairlane Ranch Wagon
1960 Cadillac CDV
1972 Cadillac Eldorado Coupe

Carfreak

Jack,

In my opinion, $10k sounds a bit high but $3k seems low. 

Check out the pictures and description of this 76 Eldo, it had about the same mileage as your father's car; I believe it sold for the 'upper teens'.  The difference, this Eldo was not only in excellent condition cosmetically (paint, top, interior) but was also maintained mechanically in near perfect condition.    http://s756.photobucket.com/albums/xx209/CollectorcarCharlie/

Another thought, have you had a vintage vehicle appraiser inspect the car and provide a professional opinion?  Members here can comment but really unless you see the car in person its hard to determine a fair value.  The appraiser's fee would be a well spent couple hundred dollars to (try) to ensure family harmony for years to come. 

If you need assistance in locating an appraiser, ask a local club member, or contact your local auto insurance agent or a vintage auto insurance agent for a recommendation.   DON'T use an auctioneer or someone who appraises new cars; you want someone who specializes in vintage vehicles. 

Good luck. 


TJ Hopland

If it really is up in that value range getting an appraisal would be a good thing just for insurance purposes, not to mention the above reasons like keeping peace in the family. 
StPaul/Mpls, MN USA

73 Eldo convert w/FiTech EFI
80 Eldo Diesel
90 CDV
And other assorted stuff I keep buying for some reason

76eldo

I would show your relatives these posts.

If you really want to be fair, and you want to value the car at $6000.00, you could give your siblings $2000.00 each (there are 2 correct?).

Best way to go about it if they are not happy with that would be to advise them to "have the car professionally restored so that you can sell it at the best price for Mom.  We will each have to put up about $6000.00, bit it will be worth it."

You will see how fast they will want you to take the car off their hands.

Seriously, really nice ones can be had for $10,000 to $15,000 for really nice running low mileage cars.  Yours will need some $$ to get it running right and looking nice.

Good luck,

Brian
Brian Rachlin
Huntingdon Valley, Pa
CLC # 22443
I prefer email's not PM's rachlin@comcast.net

1960 62 Series Conv with Factory Tri Power
1970 DeVille Conv
1970 Eldo
1970 Caribu (?) "The Cadmino"
1973 Eldorado Conv Pace Car
1976 Eldorado Conv
1980 Eldorado H & E Conv
1993 Allante with Hardtop (X2)
2008 DTS
2012 CTS Coupe
2017 XT
1956 Thunderbird
1966 Olds Toronado