I've spent the last few months debating restoring this car that has been under a tarp in a barn for about 35 years. There are only 10,600 original miles on it, but it needs a full restoration. Engine is not seized. Original wheels and tires. I am not in a position to take it on so I am looking to sell it. Any thoughts on a range of what it may be worth?
Original Post
35 years in an Illinois barn?

So, just how bad is the rust? Confused

Seriously, all Panteras need a thorough and knowledgeable rust inspection. They will rust through on so many body panels as to make any restoration unwise if paying a shop for the labor.

This one really needs inspection. Also, 35 years of high humidity storage can surface pit all the ZF internals not sitting in gear oil to the point of destroying a LOT (most) of the expensive pieces.

Clean, well-presented Panteras are starting to see a noticeable increase in their selling prices. But basket cases like yours present unique attention-needed areas that keep many quick-buck car-flippers out of the picture.

Your market is wanna-be owners (wise and not so much) and current owners.

With all that in mind I'd think you might currently find a sight-unseen, hungry but not too wise buyer willing to offer $30K-$40K

A quick sale, sight unseen (rust Confused ) to a self-professed "knowledgeable" buyer might see you get $10K-$15K.

Personally, sight unseen as it now is, I wouldn't offer more than $2,500.


Condition is what will drive the car's value.

Leave it as an unknown-condition barn find and prepare to potentially lose thousands unless you smoke out one of those not so wise buyers.

You can and should do a full chassis, body and doors,coolant,brake system rust inspection. That is a lot of inspecting.

If you are not prepared to pull the ZF and open it for selling photos realize a useless ZF will set the new owner back at least $7K, and that is on a very good day. Everyone knows the ZF is a high dollar piece. But not if rusted.

If after a full inspection you can offer a rust free chassis and ZF to a potential buyer, I'd think you'd get an easy $30K from many buyers, and perhaps $40K depending on paint and interior condition.

Do you want to maximize your profit or minimize the selling task?

You can't have both.
Indeed, the photos do show a potentially restorable car. I've seen a couple painted in that green tone and personally find it a good color on an L. That green is one of just a few colors than can handle the black rubber front bumper, IMHO.

But the areas of scaly surface rust on the painted portions of the car make me wonder more about the areas that didn't just see moisture in the last 35 years, but served as collection points.

-- all suspension mounts
-- bottom of doors
-- bottom of 'B' pillars
-- windshield corners
-- lower front valance and radiator crossmember
-- front edge of hood
-- rear bottom of front fenders
-- etc. Wink

Still unknown ZF.

I'm still at $2,500.00
quote:
Originally posted by Quickitty:
quote:


I'm still at $2,500.00


I hope you are joking.
I say this as a potential buyer that is talking with the owner and as one who has restored several panteras.
I see just in parts alone justification to pay between 8 to 10K
As a car to restore, it looks pretty original and we all know that is what brings the money.

Sure we can joke and say that you would offer $2,500 but I am sure you will find this car sells quickly for a fair bit more than the parts value
To all of you in the chain, thank you for your inquiries, offers and advice. I have found a home for #5476 and look forward to seeing it come back to life in the hands of a capable new owner. I will not reveal who that is - He can do so if and when he chooses. Smiler Thanks again.

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