Should I flip this?

FastDriver

I was uncomfortably high & wearing a helmet
SN Certified Technician
Sep 5, 2001
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Vass, NC

Dude is about 15 min from my place. Sent a vid of it running. Said it just needs belt, set ignition timing, and steering column. Will take less.

Seems flippable for prolly $5k. Might go out to look. Seems like $1.5-2k for a few hours work.
 
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Sounds like exhaust leaks. I would almost bet they used paper gaskets on the headers or did not retighten the bolts after a heat cycle.

I’d buy it especially if he would take less.
 
You might be sitting on it for awhile, bought many beaters like that, drove them for year or 2 while cleaning them up and pretty much break even on them. Nothing kills value more, then a car in primer.

I'd have to go along with this too.

Why? :shrug:


Because I am one of those mortals who that does not possess the know-how and toys to paint a car worth a flying f... squirrel. O_o


So for me, that's a [huge] expense and hassle. However... It is something I hope to address. :chin


With any luck, a year or so from now, I'll be in here tell you all what a bunch of bishes you are for not painting cars. :jester:

--or--

I'll eff it all up. :nice:
 
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Other thing that can happen is buy it and put a little into it then put it up for sale and either someone that possess the painting back will pick it up and then flip it again or someone will buy it and part it out and double their money depending on how that 331 was built, what trans is in it, and it appears (but hard to really see) that the interior is in decent shape.
 
That's a good point, and it is an eyesore. It would be cool to make money by doing the body work on the car, or at least pay for the paint equipment, but that's time & money. It's weird that I have more time than I've ever had, while in the army, and yet somehow I still feel too busy to take extra :poo: on.

Foxtoberfest is coming up, and I imagine I'd offload it there without too much trouble, because I think even $4k is still super-aggressive pricing for a fox that runs & drives. But, hauling/driving it and paying for the 'for sale' parking still takes time and money and getting it ready distracts from my other projects. I should wrap up on Black Jack with the seat mount & E-brake cable fix (done) over today/tomorrow. After that, I want to go through the Twin-Disc on Grover, which won't fully disengage and has prevented me from enjoying that car for too long, now. Additionally, I'd like to take Father Time back to the paint shop for a couple blemishes, and a couple other things I'd like to be addressed.

Those are the cons. The only real 'pro' here is that, and please tell me if you think I'm off, but if I picked this thing up for $2.5-3k, and he honestly might take the low end of that offer, then it seems like: belt, timing, steering column, seal header, and of course whatever other low-hanging fruit, and it's $1.5k profit. But, unlike 'Kandi' (thread link), which made me like $500 and I enjoyed driving a drop-top while stationed in Monterey, this doesn't look like a fun car I'd choose to drive over Black Jack for any reason. So, it would purely be profit-focused, which generally also means minimizing doing anything really cool on upgrades. I enjoyed making Kandi into a road-worthy fox that the next buyer was really passionate about, but I'm not sure how I would do that without painting this one.

Alright, I'm babbling... I still kinda wanna go out and see the car over the weekend. Might walk away from that with a clear direction, one way or the other.
 
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Other thing that can happen is buy it and put a little into it then put it up for sale and either someone that possess the painting back will pick it up and then flip it again or someone will buy it and part it out and double their money depending on how that 331 was built, what trans is in it, and it appears (but hard to really see) that the interior is in decent shape.
Yeah... caught a quick glimpse in the vid where it looks intact and maybe decent inside. I don't expect much from the 331. He mentions scat, but I'm thinking likely cast, and I'm pretty sure he said that he assembled it, which if he knew he was gonna dump it on the market doesn't bode well.

Still some things confuse me about the car. It's not all bad. For example, the '93 Cobra MC & boost controller, though it's still a 4-lug & most likely has rear drums. Then, there's the 3G alternator. That's good, but I'm not too sure about that electric fan. I don't recognize it, and regarding OEM, the only ones I know to trust are Mark VII/VIII, contour, & taurus fans. Also, who does a 331 and slaps GT40 heads on it? The Typhoon being a knock-off RPM has always soured me to them. So, I'm not expecting big things from the motor.
 
I disagree, after joining facepage to sell some junk...err...parts I have come to realize that the more trashed the car is the more it's worth, at least to a fair amount of flippers that hang there.
In my area that would be bought by one of 4 people but not before throwing low balls at him, then it would be parted out with them asking the 3500 just for the long block with a B.S song and dance about it being fresh, never beat on etc... As a whole car in that condition its worth about the asking price, I've bought many like it, and if I include my labor I sold them all at a loss, but there toys to me, not a side hustle. They where used as cars and cleaned up while being driven.

Most of the flippers want top dollar for junk and want to pay below wholesale for good stuff, its easy to spot the flippers and in my experience the majority are more shady then a buy here pay here car lot and they live on the facebook groups. Gone are the days of helping people out, now its how much can I flipped it for and that why its a dying hobby. I always hated the muscle cars guys that started that trend in the 90's.

Paint equipment is cheap enough now, hell all the china apps sell decent clone paint guns and supplies cheap enough, its the paint material and labor that makes it expensive, summit, kirker etc low end paints as base coat ain't that bad for solid colors and finish 1 clean is cheap enough but your still looking at a grand out if pocket for everything without labor. Its the skill, time, labor and space needed that makes it a huge pita. I have family in the trade, I can't even pay them to do work at this point, there burned out so much they don't want to mess with there own stuff, the few side jobs they do your going to pay a lot for it.

The belt being off makes me ask why, there dirt cheap, hell I probably have 5 old ones in the garage that would fit perfect from swapping them out for the green fleet belts.
 
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Still some things confuse me about the car. It's not all bad. For example, the '93 Cobra MC & boost controller, though it's still a 4-lug & most likely has rear drums. Then, there's the 3G alternator. That's good, but I'm not too sure about that electric fan. I don't recognize it, and regarding OEM, the only ones I know to trust are Mark VII/VIII, contour, & taurus fans. Also, who does a 331 and slaps GT40 heads on it? The Typhoon being a knock-off RPM has always soured me to them. So, I'm not expecting big things from the motor.
those parts are cheap now with China manufacturing, Car I picked up some years ago was a forged 347 with e7 heads on it, A flipper bought it to take parts off and resell. But P heads are not that uncommon these days. Fan looks like a flex a lite, they Suck, I have 4 of those knock off intakes kicking around for the same reason, there the only thing left that's dirt cheap besides an explorer intake,, ugly but they work for plenty of combos once you clean them up. Besides if its staying a driver once it gets to the point of needing a roll bar it stops being a cheap fun hobby toy in my experience.

If the AC was there I'd buy the car, just wouldn't expect to make much if any profit off if vs the labor it needs, its definitely a project car and worth what he's asking but its a limited buyer pool and most of the buyers for those types of cars are looking for profit vs a hobby project car these days, have been beaten to many of them in past only too see them parted asking retarded prices for parts.
 
The belt being off makes me ask why, there dirt cheap, hell I probably have 5 old ones in the garage that would fit perfect from swapping them out for the green fleet belts.
Right?! The guy has the grit to get through a 93 Cobra booster install, as evidenced by the pics he took with the old booster & MC on the ground, but somehow stops short of putting the belt on? I don't think so. Bad accessory, squeeling idler pulley, leaky water pump, or a misalignment... Something is going on there.
 
Today's chat:

Me:
I'll be headed that way soon. Think I should get there before 12.

Him:
Okay the other guy is supposed to be on his way but he said he would not get here until around 1250

He said he wants it and is bringing the money and a trailer

Me:
Ok. Then, I'll pass. Hit me up if he doesn't follow through.

Me, after seeing it sold:
congrats, brother. Did you get asking?

Him:
I got 3000 for it

I just wasn't interested enough to compete over it.