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EFV-8 Club Forum / General Ford Discussion / '37 values

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Discussion Topic: '37 values

commcar

05-31-2015 @ 7:39 PM

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Posts: 1
Joined: Feb 2013

Hello,
Was wondering if anyone could recommend a good value guide or general guidelines in determining a fair purchase price on a '37 phaeton?
I haven't had an opportunity to check the car over in extreme detail or even speak with the seller but, overall it appears to be a good 30 footer. The car appears to be complete and correct but just about everything on the car needs attention to be truly presentable; it looks like a driver at best. All doors open and close well but the floor has a lot of patches in it; even some of the patches have been patched. Some evidence of bondo in the right rear fender and the valence below the trunk lid.
Any direction would be appreciated.
Thank you

TomO

06-01-2015 @ 7:03 AM

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Posts: 7261
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Most Old Car dealers use the Old Cars Price Guide or the NADA price guide to determine what a car will sell for.

That said, the fair price for you, is what you are willing to pay for the car in its current condition. Take into consideration the cost of any repairs that you feel are necessary to bring the car into a condition that you will be satisfied with.

Tom

This message was edited by TomO on 6-1-15 @ 7:06 AM

trjford8

06-02-2015 @ 7:14 AM

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In addition to Tom's advice you need to consider your age. I know that sounds strange, but if you are in your 60's or 70's and want to have an old car to drive for fun, you should not buy something that needs lots of work unless you can throw buckets of money at it. Most restorations take about 5 years, so there is lost time when you can be having some fun driving a good car that only needs some minor tweaking. If you are over 60 I recommend buying something with good sheetmetal that runs and drives. the extra money that you spend on a good car will save you lots of money down the road.

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