68 pontiac find
I recently came across a 68 GTO that has been packed away for twenty five years (no lie). I have the opportunity to purchase it but I want to make sure that I would not be over paying for a vehicle that needs restored. GTO's are not my expertise and I thought that I would get some honest opinions on what a fair price would be for it. Any info or help on telling me what I have stumbled upon would help me greatly.
This car is a serious time capsule, however it does need redone (everything is 44 yrs old)
The good about the car:
- It is a 242 car with numbers matching 400 engine and Muncie 4 speed trans (Hurst shifter)
- It is a western car with very minimum rust, the floor boards and frame are as solid as can be -- the only rust issue is two quarter sized spots on the front fender (absolutely no bondo/putty anywhere).
- The car is straight (gaps are pretty good)
- There is paperwork showing where it was originally purchased and all maintenance records.
- The car is complete, everything is there and nothing is missing
- Options: it has hide away lights, A/C, power brakes, power steering, AM radio
- As mentioned the 2 quarter sized rust spots on the front fender
- The paint is bad, the vinyl top has been pulled off (and not replaced)
- It needs headliner, some other interior work and all weather stripping replaced
- Although there are maintenance records for everything the engine is still 40 yrs old (as is the trans) so it runs very well but you can tell it hasn't had a tune in a long time
- Everything is old, dusty, and the engine compartment hasn't been opened in years (grease covering everything -- looks like an engine tomb)
So basically this is a completely original car but EVERYTHING either needs cleaned, replaced or fixed (needs a restoration).
I would really like to purchase it and start work on it, but as I said I'm not a Pontiac expert on what would be a decent price to pay for it in this condition.