Thanks for all the advice! Will keep that in mind in the future. Mickey, thanks for the offer to go check it out. I would seriously consider it but unfortunately (and realistically) I need to wait until we buy another house next spring with a garage. I sure don't want my baby sitting out in the elements! /ubbthreads/images/graemlins/smile.gif I'm just glad and relieved to know I can get something fairly nice for under $10K. Some of the asking prices on ebay, Hemmings, etc had kind of scared me! /ubbthreads/images/graemlins/eek.gif
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Not any more than the usual suspicions -- like the quality of the respray, interior, any rust remaining -- did they paint the engine bay...is the frame painted or rusty... Has the car only run 700 miles because they couldn't get the thing running right????
$12,500 is a solid ask for a non-original car. It has steel wheels, but overdrive (but the OD is the wrong type for TR3.) The painted wheels are wrong -- should be silver. Basically, this car is a number 3 quality driver-show and shine car from the looks of it. If the interior wasn't replaced, it might be a strong #4 (yes, even with the repaint.)
My guess is that you can probably buy this car for $8,500 to $9,250. The question is: is it worth this much, and only an up-close inspection will tell.
By the way, it doesn't matter how much the current owner has into the car. He may say "I'm firm on $12,500 because I have $30,000 into it." Doesn't matter...you can put $100,000 or $5,000 into restoring a $12,000 car...it's worth what it's worth -- not what a restorer has into it. So don't fall for any tricks like that.
Also don't fall for the "they're going for $20,000 in Hemmings." No, the asking prices in Hemmings are $20,000, and you'll notice the same ones in there for the last two years! The sales prices are in line with all the standard price guides you can find in your local Barnes and Noble!
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