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Offline mcboyle

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The price?
« on: November 20, 2014, 02:35:26 PM »
What would you pay for a 1974 Pinto Wagon? As people who love these cars-what would you pay, if you didn't own one?

Recently I reluctantly put mine on my local Craigslist because I am dirt poor. I got one response from someone asking what my price was. I said my bottom dollar is 4000. To me that STILL seems low....But I think its just because I love it so much.  Thats a lot of money for an old car, yet Ive never once had a problem with it after a put a few news parts in it. they're great classic automobiles!

To make a long story short. Since theres no blue book on these things (that I can find) what are they ACTUALLY worth. Is it just what someones willing to spend? Or is there a logical number like any newer car that actually has a listing on KBB?

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Offline 74 PintoWagon

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Re: The price?
« Reply #1 on: November 20, 2014, 07:16:24 PM »
I paid $2500 for mine..
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Offline dga57

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Re: The price?
« Reply #2 on: November 21, 2014, 10:47:21 AM »
I paid $4000 for my '72 Squire.  All original, 68000 miles.


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Offline Wittsend

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Re: The price?
« Reply #3 on: November 21, 2014, 10:52:21 AM »
Frankly the "value" of the car is what someone is willing to pay.  Someone may just be dying to have a Pinto and pay overprice because they had to have it - today!  Other times there is a car that has a high value be cause it is exclusively optioned, has exceptionally low miles etc..

The problem with these buyers and/or cars is that once they set a basis to draw the money they do EVERYONE thinks their car is worth near that amount.  I troll Craigslist often and I see the same overpriced junk month after month.  Typically it is a long time stranded car, disassembled engine, flat tires, faded paint, rotted interior, lost title,  in a far off location etc..  Somehow the seller thinks this is worth 75%-100% of a decent car.  The other scenario is a decent car that the seller thinks is just a wee-bit short of a fabulous car.  The car typically has almost the price of the fabulous car even though the true value is more like 50%-75% of that price.

Smog test ramifications can also devalue a car.  And, in the Pinto world the '73-'74 break on the bumpers is likely a consideration.   All that said if the image you provided is a true representation of the whole car (it does look very clean) I would not call $4,000 unreasonable.  As a seller I'd hope to get that one buyer who would be willing to spend $5,000-$6,000 for it and as a buyer I'd hope you were desperate and take $2,500 for it.

Every buyer has their own motives for a purchase. As a '74 I'd hope this Pinto has the 2.3 and since California doesn't smog until '76 - and up, I'd feel free to modify it. Lastly the car has the possibility to retro modify the bumpers back to the early Pinto appearance. 

Offline joebob

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Re: The price?
« Reply #4 on: November 21, 2014, 01:05:28 PM »
As the other person said, the price is what someone is willing to pay. a model that sells hundreds of times every day is easy to put a price on. a pinto is another problem. I bought my car on ebay. I payed too much but did so willingly. It was the only bobcat in my area. I had been looking for two years. I was willing to pay. There was one other bidder who kept bumping my price. I do not know his reasons for over paying for this car. If he did not happen to see the car at the same time I did, I might have gotten it for far less than I paid. Only two bidders, but we pushed each other. The only thing you should think about is what is it worth to you. If you want to make money selling it on, remember almost all special interest cars are money loosers.
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Offline mcboyle

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Re: The price?
« Reply #5 on: November 23, 2014, 01:30:31 PM »

All of that makes a lot of sense. Thank you for your response. 

Frankly the "value" of the car is what someone is willing to pay.  Someone may just be dying to have a Pinto and pay overprice because they had to have it - today!  Other times there is a car that has a high value be cause it is exclusively optioned, has exceptionally low miles etc..

The problem with these buyers and/or cars is that once they set a basis to draw the money they do EVERYONE thinks their car is worth near that amount.  I troll Craigslist often and I see the same overpriced junk month after month.  Typically it is a long time stranded car, disassembled engine, flat tires, faded paint, rotted interior, lost title,  in a far off location etc..  Somehow the seller thinks this is worth 75%-100% of a decent car.  The other scenario is a decent car that the seller thinks is just a wee-bit short of a fabulous car.  The car typically has almost the price of the fabulous car even though the true value is more like 50%-75% of that price.

Smog test ramifications can also devalue a car.  And, in the Pinto world the '73-'74 break on the bumpers is likely a consideration.   All that said if the image you provided is a true representation of the whole car (it does look very clean) I would not call $4,000 unreasonable.  As a seller I'd hope to get that one buyer who would be willing to spend $5,000-$6,000 for it and as a buyer I'd hope you were desperate and take $2,500 for it.

Every buyer has their own motives for a purchase. As a '74 I'd hope this Pinto has the 2.3 and since California doesn't smog until '76 - and up, I'd feel free to modify it. Lastly the car has the possibility to retro modify the bumpers back to the early Pinto appearance.
1974 Pinto Station Wagon