What Would You Pay?

alfavirusnz · #1 (**permalink**) 11-03-2007, 02:40 AM

I`ve come across a `63 Giulia Sprint in restorable condition here in NZ and am trying to work out what to offer for it being fair to the vendor (a very old acquaintance). Certainly requires restoration as rusted badly around boot floor and rear valance, and r/h A pillar base and inner kick panel. Hasn`t gone for years but all appears to be all there. It is also LHD which is the opposite to what we have normally over (here being RHD)
These cars are very rare in NZ but I`m aware I can buy from the USA as certainly more numerous over there.
What would you chaps in USA, Europe and Australia pay for a 101 Sprint in similar condition?

Richard J

`65 Giulia Ti 1600, `69 GT Junior, `74 GTV 2000, `76 Alfetta GTV, `77 Alfetta GTV, `84 GTV6

cstlhn · #2 (**permalink**) 11-03-2007, 08:28 AM

I paid $1200 for mine back in August. It was without an engine or gearbox. The seller claimed both were recently rebuilt but I don't take anyones word about such things and would just as soon go through the pieces myself.

dretceterini · #3 (**permalink**) 11-03-2007, 08:32 AM

Quote:

Originally Posted by alfavirusnz

I`ve come across a `63 Giulia Sprint in restorable condition here in NZ and am trying to work out what to offer for it being fair to the vendor (a very old acquaintance). Certainly requires restoration as rusted badly around boot floor and rear valance, and r/h A pillar base and inner kick panel. Hasn`t gone for years but all appears to be all there. It is also LHD which is the opposite to what we have normally over (here being RHD)
These cars are very rare in NZ but I`m aware I can buy from the USA as certainly more numerous over there.
What would you chaps in USA, Europe and Australia pay for a 101 Sprint in similar condition?

Richard J

`65 Giulia Ti 1600, `69 GT Junior, `74 GTV 2000, `76 Alfetta GTV, `77 Alfetta GTV, `84 GTV6

**pathung** · #4 (**permalink**) 11-03-2007, 09:00 AM

Richard,

Can you post a few pictures? It'll greatly help us dish out incredibly wrong numbers.

Alfajay · #5 (**permalink**) 11-03-2007, 12:32 PM

I have no idea of how much of a premium/discount to place on it due to:
- it is rare (750/101's were never sold new in NZ, true?)
- the steering wheel is on the "wrong" side for NZ roads
- being a Yank, I know nothing of vintage car values in NZ

So, ignoring all of the above, if it were for sale here in California, the rust you describe would suggest a pretty deep discount. I feel that dretceterini's number, $3,000, would be near the top of the range for a complete car with what sounds like pretty serious rust issues. The rusted trunk floor doesn't sound that bad (they all have that), but the "rear valance, and r/h A pillar base and inner kick panel" sounds pretty severe. And of course, once you get the paint off of it, you will find a LOT more rust.

As Pathung wrote, pictures would help. Also mentioning whether it is a Veloce or normale, and the condition of the interior.

alfavirusnz · #6 (**permalink**) 11-03-2007, 01:56 PM

It appears to be normale, hopefully here are some pictures.

alfavirusnz · #7 (**permalink**) 11-03-2007, 02:02 PM

It appears to be normale, hopefully here are some pictures.

alfavirusnz · #8 (**permalink**) 11-03-2007, 02:15 PM

By the way, here is the ID plate, I forgot to post. Is there another ID plate on the car? as it doesn't appear to have a chassis number?

Richard J

**Zunige** · #9 (**permalink**) 11-03-2007, 06:02 PM

A car that sits and is allowed to rust away will always require a substantial amount to restore and this obviously devalues the car substantially. Nonetheless, this car doesn't look like it was abused, so it is not a bad place to start a restoration. I would offer him what would be considered an offer on the generous side, in your part of the world. I find that friendships are worth something and given the non-running condition of the car, it shouldn't take too much to land the offer in generous territory. This car, IMHO, is worth at least $3k and if the seller found this figure attractive, I wouldn't hesitate to shake hands on this price. If it is complete, and the original parts can be refurbished, and the seller believes it is worth more, I would consider up to an additional $2k.

Best regards,

**pathung** · #10 (**permalink**) 11-03-2007, 08:24 PM

I think that a fair price would be $4,500, considering the completeness of the car; the interior doesn't look too shabby either.

Andrew · #11 (**permalink**) 11-03-2007, 08:32 PM

The chassis number is stamped into the firewall on the passenger's (right) side in the upper corner of the engine compt. Should also be stamped on a plate on the inside of the hood, but that might be long gone.

Andrew

alfavirusnz · #12 (**permalink**) 11-04-2007, 01:18 AM

Missed the chassis no. unfortunately but did look there Andrew. The owner has a weakness for gold and as you can see from the firewall pic there is a generous coating there. It sports the famous gold wheels also this chap is famous for. He has 30 or so cars and most sport gold wheels.
Thanks to all sofar -its very helpful and helps gel what I was thinking. Am I right in thinking the body structure is a lot simpler than 105`s, 116`s? It appears they might be an easier car to restore.

Richard J

`65 Giulia Ti 1600, `69 GT Junior, `74 GTV 2000, `76 Alfetta GTV, `77 Alfetta GTV, `84 GTV6

GTD · #13 (**permalink**) 11-04-2007, 05:26 PM

Richard J
I'll be the voice of dissention here - I don't see any value over $1300 NZDollars.

1) The Sprint is in "project" condition ... idle for years; unknown mechanical condition; parts are missing in the viewable pictures. Restorable...YES, but over 1000 hours of labor and in excess of $13,000.NZD would be invested to restore it to original condition.

2) It's a LHD car in a RHD country; annoying to drive in traffic and definitely less local buyers if offered for sale.

3) It's a Normale with no special history; one could be bought in top condition elsewhere and imported for less money than this one will cost to restore.

Just my Opinion.

Alfajay · #14 (**permalink**) 11-04-2007, 08:49 PM

I go along with GTD, especially now that I've seen the pictures. That rust in the trunk lid, and in the valence behind the rear bumper is BAAAADDDDD. Any car this rotted through the paint is going to have a LOT more damage beneath the paint.

One strategy would be to buy this car because it is fairly complete, and a second one that might be missing parts, but have a less-rusted body.

The cost of restoring a rough car is always more than the cost of acquiring a finished vehicle. The rougher the starting point, the greater that cost differential will be.

alfavirusnz · #15 (**permalink**) 11-05-2007, 01:13 AM

Yes I`ve learnt before it is better to buy the best you can and that what you see re body imperfections is only the tip of the iceberg. My oldest son (has the Alfavirus also) who is 19 would be the purchaser but I would be doing most of the work. He`s lucky I can do most things, including panel fabrication, myself but time is the other factor. I tend to spend too much time on cars already although he is looking to the future and 101`s aren`t thick on the ground in NZ.
I really appreciate everybody`s input-I consider myself an Alfa expert but a little lost with these cars as we generally never see them.

Richard J
`65 Giulia Ti 1600, `69 GT Junior, `74 GTV 2000, `76 Alfetta GTV `77 Alfetta GTV, `84 GTV6