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1968 KR 4spd AC car

Started by Tired Sheep, June 06, 2021, 03:05:39 PM

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Tired Sheep


Royce Peterson

He says $68000 - $72000 in the video. Given all the rust issues, accident damage, missing expensive parts I think it's fair.


Quote from: Tired Sheep on June 06, 2021, 03:05:39 PM
https://m.youtube.com/watch?v=9oWNsdjjkUo

What do you think about the evaluation- $ 68,000?
1968 Cougar XR-7 GT-E 427 Side Oiler C6 3.50 Detroit Locker
1968 1/2 Cougar XR-7 428CJ Ram Air C6 3.91 Traction Lock

Bob Gaines

Quote from: Tired Sheep on June 06, 2021, 03:05:39 PM
https://m.youtube.com/watch?v=9oWNsdjjkUo

What do you think about the evaluation- $ 68,000?
I haven't seen the car in person yet. It does appear to be a rusty car with a number of issues in the video. I will see it this coming weekend at the Eureka Springs MCA national I am told.  I think 68K is a low evaluation however.
Bob Gaines,Shelby Enthusiast, Shelby Collector , Shelby Concours judge SAAC,MCA,Mid America Shelby

Tired Sheep

I guess if everyone agreed thats all that counts!

corbins

Doesn't look all that hateful... throw another $65-70 K at it and it'd be a nice car .

Bob Gaines

I have seen car and it is a nice driver. 65K was a steal if that is what you want IMO.
Bob Gaines,Shelby Enthusiast, Shelby Collector , Shelby Concours judge SAAC,MCA,Mid America Shelby

Special Ed

#6
Agreed bob as how many buyers would have paid more for a blue kr 4 speed with a/c driver car lady owned in todays market and i would question  $35,000 in metal work and $2200.00 for a starter relay than scott fuller sells full retail concours restored for $1495.00 . I put more value in the  rare color combo blue 4 speed with factory a/c with original ram air cleaner and original KR snorkle as its a great color and 4 speed with a/c  and the a/c engine oil cooler is  in place so show me a comp in todays market?

shelbymann1970

#7
Quote from: Special Ed on June 12, 2021, 01:23:51 AM
Agreed bob as how many buyers would have paid more for a blue kr 4 speed with a/c driver car lady owned in todays market and i would question  $35,000 in metal work and $2200.00 for a starter relay than scott fuller sells full retail concours restored for $1495.00 . I put more value in the  rare color combo blue 4 speed with factory a/c with original ram air cleaner and original KR snorkle as its a great color and 4 speed with a/c  and the a/c engine oil cooler is  in place so show me a comp in todays market?
I thought AC/ 4 speed. AC Blue and even with the issues more than the 68K easily on BaT. Hard to tell because they glossed over it but I think 48K for the 4 speed R-code Mach1 was cheap considering what I have seen selling on BaT in the last year. 1970 style hood paint was NBD. JY put a value of 46K on it. I would bet add a set of side stripes and that 69 would have popped close to 70K on BaT-unless it has major rust issues underneath.
Shelby owner since 1984
SAAC member since 1990
1970 GT350 4 speed(owned since 1985).
  MCA gold 2003(not anymore)
1969 Mach1 428SCJ 4 speed R-code (owned since 2013)
"2nd" owner of 68 GT500 #1626

5s386

Maybe the vin should be told if some day the video is not available?

stephen_becker

In my personal opinion*  Yergo is an idiot




*Views expressed disclaimer informs readers that the views, thoughts, and opinions expressed in the text belong solely to the author, and not necessarily to the author's employer, organization, committee or other group or individual.

BGlover67

Quote from: stephen_becker on June 12, 2021, 02:37:58 PM
In my personal opinion*  Yergo is an idiot




*Views expressed disclaimer informs readers that the views, thoughts, and opinions expressed in the text belong solely to the author, and not necessarily to the author's employer, organization, committee or other group or individual.

Oh Boy.   ::)
Thanks,
Brian R. Glover
SAAC Carolina's Northern Representative

1969shelbygt350

Saw that car today in Eureka Springs, Ar. MCA show

shelbymann1970

Quote from: stephen_becker on June 12, 2021, 02:37:58 PM
In my personal opinion*  Yergo is an idiot .




*Views expressed disclaimer informs readers that the views, thoughts, and opinions expressed in the text belong solely to the author, and not necessarily to the author's employer, organization, committee or other group or individual.
But is he really the idiot in the video? He is being paid by which party? Then in MHO he appraises both cars lower than the owners could have gotten on BaT without moving from their CPUs. The buyer was willing to pay a fair market price. I think the buyer did real well. I think he got a great deal here and that is why he bought  both. I would have. There might have been other factors for the prices like long time friends etc. but JY appraised them and they went off of that. I went searching for this video when my good friend who is restoring a 68 GT350 vert told about a known guy appraising these cars for 68K and 46K. I said no way. Watched the video then found this discussion.
Shelby owner since 1984
SAAC member since 1990
1970 GT350 4 speed(owned since 1985).
  MCA gold 2003(not anymore)
1969 Mach1 428SCJ 4 speed R-code (owned since 2013)
"2nd" owner of 68 GT500 #1626

Bob Gaines

I didn't have the discussion about the appraised price with JY however I am thinking being a builder/restorer that he was looking at all of the things wrong that were found and what it was going to cost to make it a perfect car and subtracting that restoration price from a top market price. At least that was the only way I could come close to that appraisal number. Some people have tunnelvision that way not taking into consideration that many people may not want a perfect car but a presentable nice driver quality car instead without the concours price tag. The market understands that kind of buyer too. The new owner told me that he already went completely through the brake and fuel systems. The buyer runs a restoration shop. He says this is a keeper car for him.
Bob Gaines,Shelby Enthusiast, Shelby Collector , Shelby Concours judge SAAC,MCA,Mid America Shelby

Royce Peterson

The appraisal price does not have to be (and seldom is) the sale price. If the seller wants to sell the car he or she will have to decide what they will take. The buyer has to decide whether he or she wants to shell out that much cash. Appraisals are nice but they often are not the amount of cash it takes to make the deal.

Take a look at Jerry Heasley's videos on YouTube. You can see me looking at a 1968 Cougar GT-E. The original owner was about to sell the car for $15K to a flipper when I showed up.
1968 Cougar XR-7 GT-E 427 Side Oiler C6 3.50 Detroit Locker
1968 1/2 Cougar XR-7 428CJ Ram Air C6 3.91 Traction Lock