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Trying to get some idea what it's worth before I sell it
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rick71ghia
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PostPosted: Tue Jul 03, 2018 10:24 am    Post subject: Trying to get some idea what it's worth before I sell it Reply with quote

Haven't been on the forum for a couple of years but thought I would check back since I'm going to sell my sons Ghia. I restored it for him about 6 years ago and he no longer drive it. It has been in storage for the last couple of years. So, now I'm trying to get some idea of how to price it. Below is a description of what's been done to the car.

Body - pulled and all rust removed and new sheet metal as needed. New heater channels. Painted correct 1971 Irish Green. New glass and trim all around. New wheels, tires (may need to be replaced from sitting in storage), and hubcaps.

Bumpers - all original bumpers rechromed, new brackets, etc.

Chassis - rust removed, new floor pans.

Suspension and Brakes - new front end, new shocks, new brakes (calipers, rotors, drums, shoes, wheel cylinders, maser cylinder) and lines.

Steering - new steering box, linkage, steering wheel

Interior and Top - top frame reconditioned, new top, new hinges on rear window glass (original), Sewfine seat covers, carpet (square weave look alike), new dash pad and dash face, new emergency brake and heater controls, after market radio.

Electical - all new wiring, gauges restored and refaced, new lighting lenses and housings

Transaxle - new from Rancho

Engine - built wit all new parts with most from CB Performance.

Basically, everything on the car was restored or replaced.

I pulled it out of storage yesterday and took it to a VW specialist to have it gone over. he replaced the braided fuel lines (leaking from sitting), a seal on the engine pressure releif valve (small leak), removed some gunk in the carperator and adjusted it.

So, I would really appreciate comments on what the car might be worth. Not looking to squeeze the last dollar out of the sale or recover what I spent - just looking to sell it at a reasonable price for what it is.

Thanks


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c21darrel
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PostPosted: Tue Jul 03, 2018 11:07 am    Post subject: Re: Trying to get some idea what it's worth before I sell it Reply with quote

Good Luck, there is a CRAZY swing in asking prices, condition, location, stock/custom additions...... It is worth precisely between $3500 and $38,500. Wink You did a pretty stock/original job on it and I think you will be rewarded for not going down the customized road.

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jeffrey8164 Premium Member
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PostPosted: Tue Jul 03, 2018 1:07 pm    Post subject: Re: Trying to get some idea what it's worth before I sell it Reply with quote

Short of having it professionally appraised you’re kind of on your own. As you can see from C2I’s post, prices are all over the place but, the bastardized ones fetch less. Look at all the car sites and find a median that you can live with.
Kinda depends how long you want to sit on it as well.

I could never sell mine for what I have in it. One day I’ll total everything up and see what I spent more on; Actual parts on the car, or all the sandpaper, solvents, paint, wipes, gloves, air compressor and tools, vehicle lift etc.

From your photos and descriptions and since it lacks some stock elements, my humble opinion is that you could ask for 12,000-14,000 and expect offers in the 10,000-12,000 range. It is a fairly fresh pan off Resto after all.
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c21darrel
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PostPosted: Tue Jul 03, 2018 1:59 pm    Post subject: Re: Trying to get some idea what it's worth before I sell it Reply with quote

^^mostly agree Smile
The appraisal will be of great assistance in event of accident or theft. I most likely would not, as a buyer, pay "appraised value". The part I agree with most is that you almost cannot buy a ghia, rehab it either by writing checks or doing the work and be in the money when you are done. They just are not worth the purchase price plus the rehab cost. Number one seller mistake is trying to sell for "what you have into it"..
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rcooled
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PostPosted: Tue Jul 03, 2018 2:00 pm    Post subject: Re: Trying to get some idea what it's worth before I sell it Reply with quote

Hagerty's valuation tool says around $25K for a car in #2 (excellent) condition. It's only a guide and you may, or may not, be able to sell for that price. You have a very nice car there and should be able to come in near the top of the range.

#2 vehicles could win a local or regional show. They can be former #1 vehicles that have been driven or have aged. Seasoned observers will have to look closely for flaws, but will be able to find some not seen by the general public. The paint, chrome, glass and finishes will all appear as excellent. No excessive smoke will be seen on startup, no unusual noises will emanate from the engine. The vehicle will drive as a new vehicle of its era would. The one word description for #2 vehicles is "excellent."

https://www.hagerty.com/apps/valuationtools/1971-Volkswagen-Karmann_Ghia?id=87293
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rick71ghia
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PostPosted: Wed Jul 04, 2018 7:15 am    Post subject: Re: Trying to get some idea what it's worth before I sell it Reply with quote

Thanks everybody - the replies were helpful.
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KGCoupe
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PostPosted: Wed Jul 04, 2018 8:26 am    Post subject: Re: Trying to get some idea what it's worth before I sell it Reply with quote

If you're not in any special big hurry, go ahead and be "that" guy that asks "too much" for your Karmann Ghia Cabriolet when you list it for sale.

In my opinion, the keys to getting as close as possible to what many may believe is an overly high asking price, you must ...
- plan on marketing your Ghia to buyers that aren't necessarily in the market for a Karmann Ghia specifically, but rather ones that are looking for any vintage car that has a great look and is very fun to drive
(Us "VW people" tend to be a very frugal lot by nature, and if the Karmann Ghia values are ever to climb to the ridiculously high levels that the Deluxe Microbus and the 356 Cabriolet have already achieved it will surely only happen against the kicking and screaming of the avid Karmann Ghia enthusiasts. Smile )

- carefully craft an ad that tells all about the history of the Karmann Ghia, focusing on the fact that it is a "production coach built" vehicle carefully handcrafted in the finest European traditions with the passion and skills that only the true Old World Craftsmen posses.
Particularly play up the fact that your '71 is a Cabriolet model, which made up only a very small fraction of the total Karmann Ghia production.
Refer to the following period Karmann Ghia literature for facts and inspiration ...
- 1956 Karmann Ghia Sales Brochure
- 1958/1959 Karmann Ghia Sales Brochure
- 1971 Karmann Ghia Sales Brochure
- Alternate 1971 Karmann Ghia Sales Brochure
- Hemmings Motor News Feature The 82-mph Exotic: 1969 Volkswagen Karmann Ghia brochure

- gather up as much supporting documentation of all your restoration efforts as you can find (receipts, invoices, and particularly before, during and after photos, etc.) and put them together in a binder

Perhaps you could even consider gambling on selling high at a Classic Car Auction, as you can aways place a reserve price on it to limit potential any loss.





Oh yeah, ... and don't forget to give your ungrateful son a good swift kick in the ass for completely ignoring such an awesome classic car that he had at his disposal yet for some unexplained reason chose to completely ignore! Shocked

Wink
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PostPosted: Wed Jul 04, 2018 9:17 am    Post subject: Re: Trying to get some idea what it's worth before I sell it Reply with quote

KGCoupe wrote:

Oh yeah, ... and don't forget to give your ungrateful son a good swift kick in the ass for completely ignoring such an awesome classic car that he had at his disposal yet for some unexplained reason chose to completely ignore! Shocked

Wink


Don't worry his ungrateful son will be kicking himself up the ass when in years to come he realises he could have had a very valuable classic for peanuts. Laughing
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doregan
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PostPosted: Wed Jul 04, 2018 9:44 am    Post subject: Re: Trying to get some idea what it's worth before I sell it Reply with quote

Gorgeous car. Should get a lot of looks. Great color scheme.

Look at ebay (and other sources) for current and past sales and once you think you have a fair estimate, you might list it there. I'm not sure of ebay's fees for auto sales. Some years ago it was a flat fee.

I bought my 74 vert on ebay last fall. I may have paid too much for it and bought it sight unseen. The more pics you add andthe more descriptive the description, the better off you are.

Good luck.
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Braukuche
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PostPosted: Wed Jul 04, 2018 9:51 am    Post subject: Re: Trying to get some idea what it's worth before I sell it Reply with quote

KGCoupe wrote:
If you're not in any special big hurry, go ahead and be "that" guy that asks "too much" for your Karmann Ghia Cabriolet when you list it for sale.

In my opinion, the keys to getting as close as possible to what many may believe is an overly high asking price, you must ...
- plan on marketing your Ghia to buyers that aren't necessarily in the market for a Karmann Ghia specifically, but rather ones that are looking for any vintage car that has a great look and is very fun to drive
(Us "VW people" tend to be a very frugal lot by nature, and if the Karmann Ghia values are ever to climb to the ridiculously high levels that the Deluxe Microbus and the 356 Cabriolet have already achieved it will surely only happen against the kicking and screaming of the avid Karmann Ghia enthusiasts. Smile )

- carefully craft an ad that tells all about the history of the Karmann Ghia, focusing on the fact that it is a "production coach built" vehicle carefully handcrafted in the finest European traditions with the passion and skills that only the true Old World Craftsmen posses.
Particularly play up the fact that your '71 is a Cabriolet model, which made up only a very small fraction of the total Karmann Ghia production.
Refer to the following period Karmann Ghia literature for facts and inspiration ...
- 1956 Karmann Ghia Sales Brochure
- 1958/1959 Karmann Ghia Sales Brochure
- 1971 Karmann Ghia Sales Brochure
- Alternate 1971 Karmann Ghia Sales Brochure
- Hemmings Motor News Feature The 82-mph Exotic: 1969 Volkswagen Karmann Ghia brochure

- gather up as much supporting documentation of all your restoration efforts as you can find (receipts, invoices, and particularly before, during and after photos, etc.) and put them together in a binder

Perhaps you could even consider gambling on selling high at a Classic Car Auction, as you can aways place a reserve price on it to limit potential any loss.





Oh yeah, ... and don't forget to give your ungrateful son a good swift kick in the ass for completely ignoring such an awesome classic car that he had at his disposal yet for some unexplained reason chose to completely ignore! Shocked

Wink


Above is the Best advice yet.
VW people are cheap, most of us are used to paying 90s prices because that's when we got into the hobby and can't fathom the crazy prices that some models have shot up to, mostly buses and split window beetles.
Most VW hobbyists don't take the cars seriously, they customize them and take short cuts on restorations which damage value to potential non VW people.
Ghia suffer from problems related to the above, but also the perception that it is a "chick car."
You don't see guys restoring 912s and 356s for example, lowering them, putting on aftermarket wheels, painting them in non stock colors, etc etc, they take them seriously and so potential classic car buyers take them seriously. I suppose from one perspective that's a good thing, anyone can buy a Ghia, they are cheap, but if you want to do a correct restoration and sell, well, it makes it more difficult.
It's a shame really, the design and construction of the cars is superior to most other VW models. They should be worth more, but I think we Ghia owners are our own worse enemy when it comes to earning respect for the brand that it deserves.
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rcooled
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PostPosted: Wed Jul 04, 2018 12:04 pm    Post subject: Re: Trying to get some idea what it's worth before I sell it Reply with quote

Braukuche wrote:
VW people are cheap...

Most VW hobbyists don't take the cars seriously, they customize them and take short cuts on restorations which damage value to potential non-VW people.

You don't see guys restoring 912s and 356s for example, lowering them, putting on aftermarket wheels, painting them in non stock colors, etc etc. They take them seriously and so potential classic car buyers take them seriously.

I think we Ghia owners are our own worse enemy when it comes to earning respect for the brand that it deserves.

Amen, brother...
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Starbucket
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PostPosted: Wed Jul 04, 2018 2:50 pm    Post subject: Re: Trying to get some idea what it's worth before I sell it Reply with quote

I would sell the 58 and keep the Ghia as it's way more fun to drive, top goes down, way cheaper on gas, and IT'S NOT A GIANT LOG (sorry I had a 59) Laughing
If you keep it get Haggery ins. they will value it for $25,000 with just pictures of all 4 sides and give you full coverage, unlimited flat bed towing, and all for around $250.00/year unless you have DUI, tickets, or basically a "at risk driver", best thing I ever did for my Ghia and myself.
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e&m_ghia
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PostPosted: Wed Jul 04, 2018 4:25 pm    Post subject: Re: Trying to get some idea what it's worth before I sell it Reply with quote

Nice Ghia....Remember on the East Coast, you can add a premium for nicely restored, rust free Ghia's that won't need to be shipped. Plus, it can be inspected, in person.

I would say minimum $25K, but closer to $30K for the rich folk in NOVA/DC/MD area. I know coupes have gone for $12-13K easy in like condition.

Go to Katie's Cars and Coffee on early Saturday mornings (5:45am) with a For Sale sign. I have had offers for mine (customized) that are in that ballpark, just sitting there, without a sign. I'm not selling for less than $35-40K, because that is our investments into her. No one will ever pay that, so we are safe....I really don't ever want to sell her. I have to look in my glove box and see if I have a name of a guy that said he was looking for one.

E.
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PostPosted: Wed Jul 04, 2018 4:42 pm    Post subject: Re: Trying to get some idea what it's worth before I sell it Reply with quote

e&m_ghia wrote:
Nice Ghia....Remember on the East Coast, you can add a premium for nicely restored, rust free Ghia's that won't need to be shipped. Plus, it can be inspected, in person.

I would say minimum $25K, but closer to $30K for the rich folk in NOVA/DC/MD area. I know coupes have gone for $12-13K easy in like condition.

Go to Katie's Cars and Coffee on early Saturday mornings (5:45am) with a For Sale sign. I have had offers for mine (customized) that are in that ballpark, just sitting there, without a sign. I'm not selling for less than $35-40K, because that is our investments into her. No one will ever pay that, so we are safe....I really don't ever want to sell her. I have to look in my glove box and see if I have a name of a guy that said he was looking for one.

E.


Yes, this. Ask a premium or else a pro flipper will. You did the work, you deserve the majority of the money
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PostPosted: Thu Jul 05, 2018 3:14 pm    Post subject: Re: Trying to get some idea what it's worth before I sell it Reply with quote

c21darrel wrote:
Good Luck, there is a CRAZY swing in asking prices, condition, location, stock/custom additions...... It is worth precisely between $3500 and $38,500. Wink You did a pretty stock/original job on it and I think you will be rewarded for not going down the customized road.


I'll have it for $3500.

Smile
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PostPosted: Fri Jul 06, 2018 11:55 am    Post subject: Re: Trying to get some idea what it's worth before I sell it Reply with quote

tommu wrote:
c21darrel wrote:
Good Luck, there is a CRAZY swing in asking prices, condition, location, stock/custom additions...... It is worth precisely between $3500 and $38,500. Wink You did a pretty stock/original job on it and I think you will be rewarded for not going down the customized road.


I'll have it for $3500.

Smile


Don’t be insulting.
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tommu
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PostPosted: Tue Jul 17, 2018 3:12 pm    Post subject: Re: Trying to get some idea what it's worth before I sell it Reply with quote

jeffrey8164 wrote:
tommu wrote:
c21darrel wrote:
Good Luck, there is a CRAZY swing in asking prices, condition, location, stock/custom additions...... It is worth precisely between $3500 and $38,500. Wink You did a pretty stock/original job on it and I think you will be rewarded for not going down the customized road.


I'll have it for $3500.

Smile


Don’t be insulting.


You lack a sense of humor. Rolling Eyes
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PostPosted: Tue Jul 17, 2018 3:25 pm    Post subject: Re: Trying to get some idea what it's worth before I sell it Reply with quote

I'd say you could get close to $25,000.00 for that car all day long in California.

Try "Bring a Trailer?"
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NOVA Airhead
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PostPosted: Wed Jul 18, 2018 3:00 pm    Post subject: Re: Trying to get some idea what it's worth before I sell it Reply with quote

e&m_ghia wrote:
Nice Ghia....Remember on the East Coast, you can add a premium for nicely restored, rust free Ghia's that won't need to be shipped. Plus, it can be inspected, in person.

I would say minimum $25K, but closer to $30K for the rich folk in NOVA/DC/MD area. I know coupes have gone for $12-13K easy in like condition.

Go to Katie's Cars and Coffee on early Saturday mornings (5:45am) with a For Sale sign. I have had offers for mine (customized) that are in that ballpark, just sitting there, without a sign. I'm not selling for less than $35-40K, because that is our investments into her. No one will ever pay that, so we are safe....I really don't ever want to sell her. I have to look in my glove box and see if I have a name of a guy that said he was looking for one.

E.


I was thinking around $25K in our area but could fetch $30K. Its a nice car with a great color combination. Good luck!
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