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I found a 63 FI. short block at a local sale. I placed an ad and to my suprise found the owner of the car it came from. I told him $2,500 for his original block. He said at that price he would restamp one! I think if I had an original 63 FI cp. that is not to much for peace of mind that I am not cheating someone with a restamp. What do you think?
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Re: Too much is too much
I think you're over the top at $2500.... think about what you might get from ANYONE else for this short block engine, and if you're asking more than double that figure, you're being pretty greedy IMHO, unless you can justify actual out-of-pocket expenses for the engine. But, consider this... if he DOESN'T take it, where does that leave you? (with a $250.00 oversized paperweight, perhaps?).
Now, if you're willing to do a quality rebuild on it and install it in his car....
Or, you could always make him an offer for his car at about $2500 more than its currently worth with the engine that's in it! If I were him, however, I'd be darned if I'd EVER sell that car to you. -
Re: How much is to much
IMO, sounds a little (read that as quite a bit) like price gouging. Went into the local Honda dealer and they had marked the new S2000 convertible up over $8000 because the demand would take it. Aren't you doing the same thing? "A rose by any other name would smell as sweet." Bill S.Comment
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Re: Too much is too much
Hey give the guy a break and be reasonable. The a--h--- that had my original bill of sale wouldn`t give it to me because he thought that it would make my car more valuable, but wouldnt sell it to me at any price. Believe me I offered a reasonable amount. He finally gave it to me when I told him I didn`t want it any more and wasn`t going to sell him the car anyway. It sure wasnt going to do him any good. You have an old 327 engine. They made millions of them, are a dime a dozen, not worth much. Thats all you have.Comment
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Re: How much is to much
Feel free to charge what the market will bear. Since, however, your market of one just said no, I believe that you are considerably into the range of what the market WON'T bear. You might want to reconsider your price, though you may have pissed your potential customer off so badly that he wouldn't take it off your hands for any price.
Bill BairdComment
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WAYYYY Too Much!
At $2500 I think that you are being greedy. If It was me, I would sell the engine to the car's owner for what I paid for it, just to see it reunited in its proper place. Price gouging like this represents everything that is wrong with this hobby, IMHO.
My $0.02, Alex
'66 A/C CoupeComment
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A true story......
A friend of mine has a 65 F.I. roadster WITHOUT the F.I. unit. about 15 years ago the owner of said F.I. unit tracked my friend down and offered to sell the unit, to my friend, and he explained explicitly, that this was the F.I. unit that was removed by the previous owner, and would increase the value of the car by 10%. The asking price was $4,500.00. Without saying a word my friend walked away.
Originality at any cost? No way Jose, at leat not to some folks.
Regarding restamping, I have seen some masterfull restamped blocks that are impossible to determine if they are original or restamped.Comment
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Re: A true story......
The consensus is in on this one and by far and away you are out of the ballpark here. As George so aptly put, there are a number of fine engine builders out there who will supply you with a "correct" engine, rebuilt, ready to rock and roll for about the same price. Do the hobby a good turn, show the guy the paper and request what you paid plus a buck for lunch , everybody will be happy including you.
jerryComment
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Re: How much is to much
Since everyone else has commented on how high the price is, I won't go there. I would suggest that you look at it in this fashion. How much is a 63 FI short block worth on the open market. I recently sold a complete 62 Vette 250hp engine, intake to oil pan, never been disassembled, needing rebuild, for $650.
Could not locate the car it came out of, so it went to the highest bidder (on Ebay). I figured that it would be worth perhaps another 10 to 20 percent of market value to the person who owned the car it came out of. So, best case for me would have been about $780 (call it $800).
My personal estimate on the value of a 63 FI short block (needing rebuild?) is $500 to $700. Add 20 percent for the guy who owns the car and you get about $850 max. That is also about what someone would have to pay to get a correctly dated and properly restamped block.
All of the above is my personal opinion.Comment
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Re: How much is to much
I had a similiar situation where I acquired the orginal body of 66 Shelby GT350. I bought it to make a vintage race car (which I did). The orignal numbers had been rebodied on to another Mustang body which had been sold twice. Fortunately SAAC "Shelby American Automobile Club" maintains records of all the cars and this serial number was "known" as a rebody. I offered the original body to the current owner of the rebody for a $500 profit (paid $1,700) to cover transportation costs. He chose not to purchase. Of course he was aware that his car (now a vintage race car) was a rebody. He new it greatly affected the value of his car however he didnt care. I was going to have pay at least $1,700 for a regular Mustang body anyway so this Shelby body and the history associated with the car was so interesting that I was a winner either way.
To finish the story, the car was completed in late 1998 and first ran the 1999 three (3)hour endurance race at Sebring with Historic Sportcar racing (HSR) and won 2nd in class.
The point of all this is "Pigs get fat, Hogs get slaughtered" I'd say you may have slaughtered yourself. Sell it to him at a reasonable price and go on with life. In my case, I had a use for the part if the other guy did not want it. DO YOU?Comment
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Re: How much is to much
Yo Don, I've been around almost if not as long as you, this is a great hobby we have, there are a few things in my eyes that were and are killing it though... #1 "WAS" the judging which I feel over the last few years has turned around completely. I stopped showing for over 9 years because the judges had such an attitude, they weren't there to help as they are now, they would stroll around a car and not even want to talk to an owner after judging. This was a very big turn off to alot of people, and our hobby was hurt by this. #2 is the prices people think they can and try to get for parts, we are all in this together all with one final thing in mind to restore these cars back to there original condition, show them, drive them and enjoy them. If we all could help one another with parts, I'm positive our shows would have a lot more turn out. Where did the years go when things were swapped and traded off? Personally, if I had something that belonged to another car and I knew that thats where it originally came from, I would offer it to that person just to see that car with it's original parts. In your case you purchased it, give it to the guy for the same price, and have the personal gratification of knowing your helping to get a car back to it's original state. I think YOU have lost sight of our goals in this hobby.1967 L79 Sunfire Yellow Black Leather Convertible- Duntov
1969 L71 LeMans Blue, Bright Blue Convertible
1970 L46 Monza Red, Light Saddle Convertible - Duntov
1976 L82 Classic White, Firethorn
2013 LS7 Black, Ebony, Convertible
Moved on -
2006 LS2 Black, Ebony, ConvertibleComment
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Re: How much is to much
I know that the price is high but in 63 with no tank stickers the only way to tell an original FI car is the block. The value of this collectable is very little apx.15,000 less without proof. I would pay twice the price for the block for my 63. because as far as I am concerned restamping is not an option,I think it is a crime. The only reason to stamp one is to fake a real car, only for the money.Comment
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Re: How much is to much
Don
The bottom line is that it is your engine, and you can do whatever you want with it.
Having said that, I am reminded of an old saying. No matter how well you feel, if everyone around you tells you that you are sick, perhaps you ought to lay down.Comment
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Don, you're outnumbered on this one.....
the more ya flap your yap, the worse it sounds. Time to zip it, Bud. Like the guy before me said, It's your block, do what you want to do with it, but don't be surprised if you take it with you to your grave. After all, the market for that block is....how many buyers? One? And he took a hike? That means that there is no market, no buyers? Don't look good Don. After all, the American way has its limits.Comment
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Re: How much is to much
Restamping? The only "crime" I see here is one individual trying to stick it to a fellow hobbyist. I wouldn't have been as polite to you as your potential buyer...enjoy your $2500 boat anchor...
One extra cent...
Alex
'66 A/C Coupe NCRS #22298Comment
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