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1970 superbee with a 383 magnum worth 5000 grand or to go look at, no body damage and very little rust. Let me know,Thanks
This a coupe,auto and green.
It depends. There can be lots of variables/ motives for purchasing a car.
Who wants it and how bad? Somebody looking for their dream car may not bat an eye at the asking price, while someone wanting to 'flip it' may think that is too high.
Someone who plans to restore it may think it's a bit steep if they have to farm a lot of the labor out, while someone mechanically inclined sees it as just part of the restoration cost.
Another thing to consider is how much of the original car is there...100%, missing half the trim, busted glass, gutted interior? This stuff can get expensive when restoring or replacing.
Someone building a race car usually looks for more of a shell since they will be modifying it anyway.
A buyer with deep pockets is more concerned about it being the right car than what the price is.
The long-of-the-short-of-it is, it's worth what a buyer is willing to pay and/ or what the seller is willing to let it go for. I have seen cars sell for $thousands, and have seen 'like' cars get sold to the scrap man for $hundreds.
All depends on how much work it needs, AND how much of it you can do yourself. If you're planning on doing a full-blown resto on it, and will be farming out the expensive stuff like body and paint, you're much better off buying one already restored. At the price of decent resto work vs restored value, you'd be upside down on it if you restored it. Whatever you're guessing it might cost to restore, double or triple that! \
If you're buying for parts, or to drive as is, then it seems like a decent deal.
5K for a solid car with at least the correct size motor, not needing frame repair or full quarters is fairly reasonable, especially if all the hard to find parts are there, and the trim is useable.
If it were not a "high desireabilty" car (such as a Super bee, RR, etc), it better be running and driving for that kind of money.