I am thinking of picking up another project car. I have come across several that seem to be good fits in my budget and tastes, but it seems each time I inquire, the Fender tag is missing. How much of a risk to the future value or validity of the car comes with buying a car with no fender tag even if the body numbers match?
Craig
mmissile is going to tell you to save your money and wait for the nicest car that you can afford with the closest to what you want in options shows up... and he's right. These days, in the long run, it is waaaaaay cheaper to buy one already (or mostly) done. I'm sure you already know this. However, some cars/options are rare enough that you're just not gonna find what you want unless you wait years and years... which was the case for me. So, I saved and bought a running car in decent (in my opinion) shape that was close-ish to what I wanted. Like someone said, you gotta do your own research and decide what price range you think is fair.
I want to see what you decide and what you end up getting! Pics!
However I got told by a person looking at my car on ebay that the market is tanked for old cars and my 71 RR was basically a PoS not worth selling.
I wouldn't listen to a douche on ebay. The place is full of scammers and bullshit artists. Well.. I guess the internet is full of them overall.. so that kind of discounts anything I or anybody else says on this site. Anyway, for what it's worth, do your own research and don't trust a single point of information (whether it be some guy, some site, or some ad). Average everything in your brain and on paper to figure what your stuff is worth. When I was selling my M3, I had a guy call me repeatedly to lowball me and then tell me how little my car was worth after I rejected him (I was polite about it too by the way). He told me all about how dumb I was being. I waited a few more weeks and sold it for $3.5k more than he was offering, and to a much nicer dude.
I understand the advise about buying a car that done and it being cheaper but for some the fun is in the build. For others they just cant afford or save up that kind of money for a one time purchase, so they opt to buy a project and build it a little at a time. A GTX without its fender tag? Id treat it as a Sport Satellite with the wrong emblems and pay appropriately.