Re: Auctioneer Needs Help with a 1938 Packard

Posted by Eric Boyle On 2009/7/17 14:33:20
Quote:
IF there is any way to extract it and place it near a busy roadside, maybe some fool will come along with streetrod or restoration dreams and buy it for $500. Otherwise, in an auction situation, where from what I would guess from the surroundings, this will(might) only sell for scrap metal value. You might, on a good day get $200 for it, and I suspect less as the scrap weight without a cast iron engine/trans makes this peacefully resting hulk better left as continuing winter quarters for a raccoon family. Golden Weekend? No, more like Golden Arches.


My sentiments exactly. Too many people think that cars in this condition are worth a mint, and it's simply not so. IF he gets an offer over $500, I suggest he takes it and runs.

That being said, I like the auction for the Dodge, especially this part: "It definitely needs restoration and has been sitting in the woods since about 1990 I believe. However, in 1990 it received the following attention:

- New mains and rod bearings,
- New oil pump
- New fuel pump
- Rebuilt Carb
- New Coil
- New Wires, cap, rotor
- New undercoating, new rubber all around n
- New brakes with rebuilt master cylinder, new hardware, seals, drums, hoses

That being said, it was last driven September 1989."

Almost all of that will have to be redone anyway, from sitting so long, the brakes especially.

The Packard loses it's value to me immediately from the lack of the ID tag on the firewall. A car in similar condition to this at an auction I attended last year went for $35. I missed it, had to take a lunch break and by the time I got back it was sold, and the buyer wouldn't sell it. I will admit that the body was off the chassis, but it was as complete as that one.

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