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Example of Overpriced Ghias & Ghia Parts
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sputnick60
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PostPosted: Wed May 08, 2024 4:32 am    Post subject: Re: Example of Overpriced Ghias & Ghia Parts Reply with quote

Marcdeb wrote:
An entire passenger side of NOS sheet metal for a lowlight. Something you can't find every day. How do you come up with a price for something this rare? It would be interesting to see what it would get on BAT?

https://www.thesamba.com/vw/classifieds/detail.php?id=2682982


He mentions $3k.and that's comparable with modern car parts. There'd be quite a saving with labour cost by not having to rework after market parts or make new ones from sheet. Work that requires many many hours from skilled hands. Not outrageous pricing in my view if you're after the highest quality outcome

Nicholas.
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PostPosted: Tue Sep 03, 2024 2:19 pm    Post subject: Re: Example of Overpriced Ghias & Ghia Parts Reply with quote

I went to look at this 1969 Ghia in St. Catherine’s Ontario.

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I texted the owner before hand and she told me what she knew about the history. Send me some more pics of specific areas of the car I wanted to see. She said it was a barn find. Restored in 2019 she thought. She bought it in 2022 and doesn’t drive it much.. wasn’t prepared for what was involved in owning a vintage vehicle. She is asking $28k CDN. Intel I got from her neighbours friend (how I found out about the car) says she paid $20k for it and really just wants to get her initial investment back. From the pics she sent me I could see some oddities, like diamond plate instead of floor pans. But it’s only an hour away so I had to go look. I brought a friend of mine who is a master metal worker and restores Austin Healeys. He’s owned several VWs as well.

I’m talking with the owner and her husband while my buddy looks all over the car. We jack it up and he goes under it. Diamond plate floors riveted in, the whole under body covered in tar. Obvious body filler on fenders, doors, rear quarter. Not properly sanded with pits in places and waves in other places. Cracks in other places. Inside the rear right fender where you’d feel a lip was completely flush with the lip, it had so much filler and, and then tar on the inside. Drips in the paint all over. Missing door and rear deck lid rubber trim with some rust starting. Her son had backed it into a post and there’s a big crack in the bumper. During the restoration the bumpers had a liberal coating of body filler and you could tell. The crack I had seen in photos previously and was an oddity that was explained when she told me what happened. Drivers seat doesn’t move forward or back. She said they had to fix it permanently in her position. Windshield delaminating in the corners. Oil soaked cardboard under the car. Heater channels disconnected and heated seats installed on a stock generator. Seat heater has a 30A fuse. Owner says the lights dim all the time and the battery won’t stay charged. She had the generator replaced but it didn’t help. I wonder why with seat heaters? I asked why she didn’t put an alternator in? She didn’t know that was a thing. Carpets are worn. There’s a mouse nest under the back seat right beside all of the heated seat wiring and relays and such. Watch out if they’ve been munching on wires hiden from view. So much play in the steering it was, I’ll say exciting to drive. Clutch way out of adjustment. It ran well though. Fired right up.

I feel bad for her. She bought this car on an impulse buy at the end of the Covid craze on her line of credit. She way over paid for it then. She seams to think that in a time of out of control intrest rates that it’s appreciated by $8000 from what she paid. I don’t think she’s aware of all of the issues. She had to leave and left me with the husband. I tried to discuss the issues but he had a zoom meeting in 5 minutes and basically told me to make an offer or get lost. I’m wondering if they’ve been hearing the same from others and are awakening to the troubled condition of the car.

At least it’s a sunny day and I got to drive a Ghia with my buddy and go for lunch.
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Marcdeb
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PostPosted: Tue Sep 03, 2024 3:58 pm    Post subject: Re: Example of Overpriced Ghias & Ghia Parts Reply with quote

Sadly, someone who doesn't know what their looking at, will eventually buy it and regret it. Most any car can be expected to have some issues, but to purposely sell a car at such a ridiculous price, to unsuspecting buyers is shameful.
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68 Karmann Ghia Cabrio Autostick
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Previously Owned:
2011 VW EOS Hard Top Conv
2008 Saab 9-3 2.0T Conv
2003 Saab 9-3 SE Conv
2001 Saab 9-3 Conv
1998 BMW 3 Series Conv
1997 Saab 900 Conv
1997 Mazda Miata

68 Ghia Vert Survivor with 22,350 miles: https://www.thesamba.com/vw/forum/viewtopic.php?t=768107&highlight=
71 Ghia Vert Restoration: https://www.thesamba.com/vw/forum/viewtopic.php?t=726710&postorder=asc


Last edited by Marcdeb on Tue Sep 03, 2024 6:13 pm; edited 1 time in total
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craigolio1
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PostPosted: Tue Sep 03, 2024 4:36 pm    Post subject: Re: Example of Overpriced Ghias & Ghia Parts Reply with quote

Marcdeb wrote:
Sadly, someone who doesn't know what their looking at, will eventually buy it and regret it. Most any car can be expected to have some issues, but to purposely sell a car at such a deciduous price, to unsuspecting buyers is shameful.


I think she’s unaware that it’s in such poor shape. She fell in love with it. Impulse bought it. Is scared to drive it. And just wants it gone. Reading between the lines.

The husband was ignorant. I told him I had researched many vehicles available on here and other classifieds that were an equivalent $28-30k Canadian. When I pointed out that this car had a lot of issues and was not the equivalent of other cars in this price range his answer was that if it was in better condition it would be selling for $50k and that if I didn’t want it he had others who would. That’s when I excused myself. He’s delusional. I think he genuinely believes it’s fairly priced.
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PostPosted: Tue Sep 03, 2024 8:44 pm    Post subject: Re: Example of Overpriced Ghias & Ghia Parts Reply with quote

Agree with yours and the other comments.

This part grabbed my eye:
craigolio1 wrote:
She seams to think that in a time of out of control intrest rates that it’s appreciated by $8000 from what she paid.

What... That's not how things work.
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PostPosted: Wed Sep 04, 2024 4:07 am    Post subject: Re: Example of Overpriced Ghias & Ghia Parts Reply with quote

EverettB wrote:
Agree with yours and the other comments.

This part grabbed my eye:
craigolio1 wrote:
She seams to think that in a time of out of control intrest rates that it’s appreciated by $8000 from what she paid.

What... That's not how things work.


Yeah. A lot of people, at least where I live, are being squeezed. Classifieds are full of cars, cottages, jet skis. Boats. Etc. my buddy has been trying to sell his Harley for almost a year. Around me the market for toys is down.
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1970 Ghia Convertable - Restoration in progress.

Link to my build thread:
http://www.thesamba.com/vw/forum/viewtopic.php?t=637602

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PostPosted: Thu Sep 05, 2024 12:46 pm    Post subject: Re: Example of Overpriced Ghias & Ghia Parts Reply with quote

craigolio1 wrote:
EverettB wrote:
Agree with yours and the other comments.

This part grabbed my eye:
craigolio1 wrote:
She seams to think that in a time of out of control intrest rates that it’s appreciated by $8000 from what she paid.

What... That's not how things work.


Yeah. A lot of people, at least where I live, are being squeezed. Classifieds are full of cars, cottages, jet skis. Boats. Etc. my buddy has been trying to sell his Harley for almost a year. Around me the market for toys is down.


Playing with old VW's used to be cheap.
No so much any more.
That being said I've noticed sale prices for Ghia's have been on a steady decline for more than a year without a bottom in sight.

Based on your description of the condition they will need to sell at a substantial loss or hang on and enjoy it for what it is.
It"s doubly rotten that they got ripped off.
It is a damn shame that couple bought with their heart and not their head.
Although it's easy to do with a Karmann Ghia, they are just so sexy Cool
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PostPosted: Sun Nov 24, 2024 10:43 am    Post subject: Re: Example of Overpriced Ghias & Ghia Parts Reply with quote

https://www.thesamba.com/vw/classifieds/detail.php?id=2716606

Grossly overpriced imho.

This car needs every panel on the car repaired, and that’s just what I can see in the photos.
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PostPosted: Thu Dec 12, 2024 8:45 am    Post subject: Re: Example of Overpriced Ghias & Ghia Parts Reply with quote

kingkarmann wrote:


Playing with old VW's used to be cheap.
No so much any more.
That being said I've noticed sale prices for Ghia's have been on a steady decline for more than a year without a bottom in sight.



Weather we like it or not the whole thing is on a decline. Our cars and hobby will be around for many more years, but at less than what any 40 plus person will remember. Twenty year olds are not buying shit pile air cooled VWs and restoring them, hoarding them, chasing parts for them, listening to old farts tell them how to fix them, reading old manuals and parts book, caring about what Deno or EMPI or Berg is. We 40 plus do. But we are losing the 60 plus crowd that help drive the hobby. Ive paired down my hoard, I now have one VW thats soon to be finished. No more 3 vws is various states, Im not looking for the next great rare deal - thats hard to do by the way. Im cruzing into my 50's with a canyon carving/cars-n-coffe/rally/show runner VW that I polish and change the oil in on the weekends. No more daydreams of having this or that. Just being ready for my 60's. If the 1964 Convertible Type 34 Ghia I have is worth anything when Im all done - Ill sell it on later in life so as to not burden my family with it. But well after I enjoy the shit out of it. Lots of my hard core VW friends Ive known for years are there or getting there as well.
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PostPosted: Sun Dec 29, 2024 10:26 am    Post subject: Re: Example of Overpriced Ghias & Ghia Parts Reply with quote

Overpriced at $139,500 ?
Maybe....... But maybe not Confused

Regardless, it certainly looks to be a museum piece.

1957

https://hymanltd.com/wp-content/uploads/2024/11/7835_1.jpg

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PostPosted: Sun Dec 29, 2024 11:52 am    Post subject: Re: Example of Overpriced Ghias & Ghia Parts Reply with quote

kingkarmann wrote:
Overpriced at $139,500 ?
Maybe....... But maybe not Confused


A Black early Karmann Ghia...worth every penny. Wink
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PostPosted: Sun Dec 29, 2024 12:16 pm    Post subject: Re: Example of Overpriced Ghias & Ghia Parts Reply with quote

full link here
https://hymanltd.com/vehicles/7835-1957-volkswagen-karmann-ghia/
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PostPosted: Sun Dec 29, 2024 12:42 pm    Post subject: Re: Example of Overpriced Ghias & Ghia Parts Reply with quote

sputnick60 wrote:
full link here
https://hymanltd.com/vehicles/7835-1957-volkswagen-karmann-ghia/

Coooo...wish mine had a history like that. Wink

It is a lovey car.
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PostPosted: Mon Dec 30, 2024 7:36 am    Post subject: Re: Example of Overpriced Ghias & Ghia Parts Reply with quote

John Moxon wrote:
sputnick60 wrote:
full link here
https://hymanltd.com/vehicles/7835-1957-volkswagen-karmann-ghia/

Coooo...wish mine had a history like that. Wink

It is a lovey car.


After a deeper dive into the description I realized I know this Ghia fairly well.
It's owner lives about 90 miles from me .
It's been shown all over the region. It was our 2018 "Volkfest" and was our Best of Show Winner.
I have spent far too long this morning looking through my personal photo's thinking for sure I must have taken pictures. No luck.
Anyhow, I spent some time with the Ghia and owner Richard Reischman discussing this stunning Ghia. He let crawl over every inch. It is certainly among the finest lowlights in existence. It's perfect.
I did find a YouTube from it's showing at Hershey.
Many will think it's overpriced. It's certainly investment grade.


Link
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PostPosted: Mon Dec 30, 2024 10:10 am    Post subject: Re: Example of Overpriced Ghias & Ghia Parts Reply with quote

I'm conflicted Mark. The story has much in common with my '58 but I've never been tempted to embark on a full restoration. It goes against most of which I value in my Ghia, there's a visual history at play in an original condition car. For me it was down to the first owner to call the tune...I just add my mark rather than change anything.
I'm not saying the full restoration is right or wrong, it's just different. To maximise the value of my '58 I'd just have to find someone who views the car the same as I do.
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PostPosted: Mon Dec 30, 2024 10:31 am    Post subject: Re: Example of Overpriced Ghias & Ghia Parts Reply with quote

John Moxon wrote:
I'm conflicted Mark. The story has much in common with my '58 but I've never been tempted to embark on a full restoration. It goes against most of which I value in my Ghia, there's a visual history at play in an original condition car. For me it was down to the first owner to call the tune...I just add my mark rather than change anything.
I'm not saying the full restoration is right or wrong, it's just different. To maximise the value of my '58 I'd just have to find someone who views the car the same as I do.


I agree with you John. This is a beautiful car, but there's no production of original vintage cars. Fully original cars only get more and more rare. I don't look at the monetary value but obviously it usually is part of the discussion. When I stumbled onto my all original 68, I had to pinch myself. I totally enjoy looking at all the details on my car knowing this is how the workers in Germany did the work. I avoid taking anything apart unless it's absolutely necessary to maintain the car. I've had people tell me it would be so easy to restore my car! Some people just don't get it. When the day comes that I "have" to give it up, I hope it will be left as is, but hopefully that's not anytime soon.
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68 Karmann Ghia Cabrio Autostick
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Previously Owned:
2011 VW EOS Hard Top Conv
2008 Saab 9-3 2.0T Conv
2003 Saab 9-3 SE Conv
2001 Saab 9-3 Conv
1998 BMW 3 Series Conv
1997 Saab 900 Conv
1997 Mazda Miata

68 Ghia Vert Survivor with 22,350 miles: https://www.thesamba.com/vw/forum/viewtopic.php?t=768107&highlight=
71 Ghia Vert Restoration: https://www.thesamba.com/vw/forum/viewtopic.php?t=726710&postorder=asc
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PostPosted: Mon Dec 30, 2024 11:12 am    Post subject: Re: Example of Overpriced Ghias & Ghia Parts Reply with quote

Marcdeb wrote:
Some people just don't get it. When the day comes that I "have" to give it up, I hope it will be left as is, but hopefully that's not anytime soon.


Yep, some just don't get it. At the moment I don't rub my hands when Lowlights go for big money because, as my wife says, "You're not going to sell it anyway, are you".
Nope, I have no intention but there are other scenarios at play when you get to my age. I have recently seen a good friend of mine of 50+ years pass away, this time last year he was as fit and robust as I...and exactly one year younger than me.
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PostPosted: Mon Dec 30, 2024 11:21 am    Post subject: Re: Example of Overpriced Ghias & Ghia Parts Reply with quote

John Moxon wrote:
Marcdeb wrote:
Some people just don't get it. When the day comes that I "have" to give it up, I hope it will be left as is, but hopefully that's not anytime soon.


Yep, some just don't get it. At the moment I don't rub my hands when Lowlights go for big money because, as my wife says, "You're not going to sell it anyway, are you".
Nope, I have no intention but there are other scenarios at play when you get to my age. I have recently seen a good friend of mine of 50+ years pass away, this time last year he was as fit and robust as I...and exactly one year younger than me.


Sorry about your friend. I'm in the same situation. I'll be 64 in a few weeks, my father passed at 65, so we never know!
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Previously Owned:
2011 VW EOS Hard Top Conv
2008 Saab 9-3 2.0T Conv
2003 Saab 9-3 SE Conv
2001 Saab 9-3 Conv
1998 BMW 3 Series Conv
1997 Saab 900 Conv
1997 Mazda Miata

68 Ghia Vert Survivor with 22,350 miles: https://www.thesamba.com/vw/forum/viewtopic.php?t=768107&highlight=
71 Ghia Vert Restoration: https://www.thesamba.com/vw/forum/viewtopic.php?t=726710&postorder=asc
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PostPosted: Mon Dec 30, 2024 7:04 pm    Post subject: Re: Example of Overpriced Ghias & Ghia Parts Reply with quote

I bought my coupe 28 years ago. It had absolutely no provenance.
The thing had most likely turned hands more times than a Las Vegas call girl.
After investing nine years of blood sweat & tears there is no way I would let it go.
Lisa Meier’s former 67 convertible is just so special. I still have a hard time believing I’m the caretaker.
Lisa had a unique vision when she restored it. Much originality was preserved. It feels like a time capsule. My spouse loves it as much as I do.
I do agree that the soul of Mrs. Browns Ghia was lost when it was restored but I’m not sure it matters to a potential buyer looking for a correct lowlight.
That being said do get excited when I see exceptional numbers being asked for Ghia’s that mirror the ones in our garages.
Based on some fairly recent sales of well sorted Ghia’s maybe we have to rethink what is overpriced.
I still think this is the right topic to post it in.
Since this is a dealer sale and not a public auction we won’t know what it ended up selling for.
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PostPosted: Mon Dec 30, 2024 7:22 pm    Post subject: Re: Example of Overpriced Ghias & Ghia Parts Reply with quote

And then there is this if it is to be believed Shocked
https://classiccars.com/listings/view/1903715/1964...lina-27615
Probably not overpriced.
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