What's it Worth, Part 2

Posted by Jim L. in OR On 2010/10/23 13:48:18

Hi again,

When it rains it pours. And right now it seems to be raining Packards around here.
I just found a local listing for a '55 Packard Patrician. The seller states that the body and dash are in very good shape the upholstery in bad shape - car hasn't run in 30 years.
I intend to go and see the car if it hasn't already been sold.
The asking price is $3,000 - almost what I'm paying for my '51. Assuming the story is true, about what should I be offering. The Collector Car Market review puts a '55 Patrician @ $1,300 for a condition #5 and $3,450 for a condition #4. This, I suppose falls in between.
Any guidance would really be appreciated.

Jim L. in OR