 OT: Investment car, 1958 Cadillac |
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| 914GT |
 Jul 1 2005, 01:55 PM
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#1
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Senior Member  Group: Members Posts: 1,100 Joined: 11-October 04 From: Tucson Member No.: 2,923 Region Association: Southwest Region  |
My son wants me to invest in an old Caddy he found for sale about a half-mile from my house. Original California car, original leather interior still with the clear bubble vinyl seat covers. All 58 options including A/C, power seat, etc. Body perfectly straight. Needs a paint job. Bumpers and trim original but some need rechromed. Runs smooth as silk. I checked it out, looks good to me. Owner in military, has to go to Japan. He's had it since '97. Has about 83000 miles on the original engine. Selling for $6000.
I offered to go halves and my boy would have to find the rest from someone else. He hasn't had any luck. Now I'm wondering if I should go get it, After looking at this and this. What do you think? My son does some outstanding body and paint work. Should I sell my shitty company stock and put it in this car? |
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Replies(1 - 10)
| tdgray |
Jul 1 2005, 01:57 PM
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#2
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Thank God Nemo is not here to see this Group: Members Posts: 9,705 Joined: 5-August 03 From: Akron, OH Member No.: 984 Region Association: None |
6K for a 58 Caddy in mint condition.... (IMG:http://www.914world.com/bbs2/html/emoticons/wub.gif)
Run, don't walk to the home equity line at your nearest bank. (IMG:http://www.914world.com/bbs2/html/emoticons/ohmy.gif) |
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| Flat VW |
Jul 1 2005, 02:04 PM
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#3
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Illegal Soapbox Derby Racecar Group: Members Posts: 1,692 Joined: 13-November 04 From: Phoenix, AZ Member No.: 3,105 |
Guy,
With your paint and body skills...... BUY!, (IMG:http://www.914world.com/bbs2/html/emoticons/owned.gif) 6G is chump change... best wishes, John |
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| 914GT |
Jul 1 2005, 02:09 PM
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#4
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Senior Member Group: Members Posts: 1,100 Joined: 11-October 04 From: Tucson Member No.: 2,923 Region Association: Southwest Region |
This is strictly my son's project. He recently quit his job and wants to strike out on his own. 20 years old. I admire his spunk.
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| xsboost90 |
Jul 1 2005, 03:01 PM
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#5
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Senior Member Group: Members Posts: 1,393 Joined: 2-August 04 From: cincinnati Member No.: 2,432 |
why would you quit that place!!! i wish there was one here to work at!...buy the caddy..but i would have a hard time sellin it.
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| 914GT |
Jul 1 2005, 03:46 PM
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#6
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Senior Member Group: Members Posts: 1,100 Joined: 11-October 04 From: Tucson Member No.: 2,923 Region Association: Southwest Region |
I won't go into details, except for that my son was doing almost all the work and being taken advantage of. He took the shit for a long time, and finally had enough. He really liked what he was doing though. |
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| 914GT |
Jul 6 2005, 10:09 PM
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#7
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Senior Member Group: Members Posts: 1,100 Joined: 11-October 04 From: Tucson Member No.: 2,923 Region Association: Southwest Region |
Well here she is. Son bought it today, thanks to some 'venture capital' put up my his old man. This boat is about as opposite to a 914 that you can get, but she rides like a dream.
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| MarkV |
Jul 6 2005, 10:29 PM
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#8
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Fear the Jack Stands Group: Members Posts: 1,493 Joined: 15-January 03 From: Sunny Tucson, AZ Member No.: 154 Region Association: None |
When does the restoration begin? Looks like fun.
We need a paint gun Smiley. (IMG:http://www.914world.com/bbs2/html/emoticons/w00t.gif) |
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| sean_v8_914 |
Jul 7 2005, 12:04 AM
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#9
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Chingon 601 Group: Members Posts: 4,011 Joined: 1-February 05 From: San Diego Member No.: 3,541 |
ya dont see those around town, wow. based on teh work yous guys do I would say she will make some fine coin over at Berret Jackson next year. how mush dough will it take to bring her back? how far will he go into teh resto?
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| redshift |
Jul 7 2005, 01:10 AM
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#10
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Bless the Hell out of you! Group: Members Posts: 10,926 Joined: 29-June 03 Member No.: 869 |
You are going to need a gallon of that chrome paint..
(IMG:http://www.914world.com/bbs2/html/emoticons/wink.gif) M |
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| MecGen |
Jul 7 2005, 05:06 AM
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#11
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8 Easy Steps Group: Members Posts: 848 Joined: 8-January 05 From: Laval, Canada Member No.: 3,421 |
Hey
Sweet buy (IMG:http://www.914world.com/bbs2/html/emoticons/smilie_pokal.gif) In my neck of the woods, these go for 15K +/- 5K You scored. Take your time on the trim...these are not as cheap and easy to find as a Chevy. There are supplies but not as plentiful as the Chevcrowd. I worked on a 67, the same owner has 2 58s, both convertable. the finished one is insured for 100K. I have never seen it. Great to see other projects. Maybe the admins would give us a forum for this... Later Joe (IMG:http://www.914world.com/bbs2/html/emoticons/beerchug.gif) |
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