I'll take a stab, but bear in mind this is worth what you paid for it ;)
Typical basket cases seem to go for around $3-6K. This sounds a
cut above typical; however. If the owner did a proper job of disassembly--
including bagging and labelling small parts (and taking photos with a List-
approved digital camera ;)--it sounds like this might merit a premium of
$1-2K, possibly more, over typical.
Say $7-9K.
bs
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Bob Spidell San Jose, CA bspidell@comcast.net
'67 Austin-Healey 3000 '56 Austin-Healey 100M
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Subject: How much should I pay?
> Its said that there is safety in numbers, so I'll ask the many knowledgeable
> out there.
> I've come upon a '67 phase three BJ8 that I'm thinking of buying. Car was
> used until 1974 and the clock reads 40,000 mi. Then it was put into storage
>where
> is sat until a couple of years ago and the owner decided to start the
> restoration. It has now been completely disassembled and the owner has
>offered it to
> me. It and everything that came off are in one place and have never been
>moved
> around, the car was complete and unmolested, so everything is there.
> Being disassembled makes inspecting it very easy and I can see that:
> 1. The frame is straight with very little rust. - Still has original
> paint.
> 2. There are some small rust holes in the dog legs and floor.
> 3. The outriggers and sills are good.
> 4. Paint is original - but obviously badly chalked
> 5. Engine (out of car) was running when put away and is supposed to
> still turn. Would do a rebuild. Ditto for the tranny.
> 6. All of the interior, top, tonneau, are there but too old to think
> of using.
> 7. Owner has bought all of the dog leg patches as well as some other
> parts needed for the restoration.
> I have done other Healeys and know what will be involved in a total
> restoration and that doesn't scare me. I don't want to steal it from the
>owner, but
> don't want to overpay either. What is a fair and reasonable offer for this
>car?
> TIA
> Bob
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