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Found a GTC Basket Case - Thoughts on Value?

5K views 36 replies 20 participants last post by  bulletpruf 
#1 ·
All -

I stumbled across a GTC basket case. LHD. Haven't seen much of it (mostly covered up), but I believe it to be complete, although in need of a total restoration. I don't have a price yet but I believe it's something that can be bought.

Yes, I know you need more pictures and details. I'll work on those. But in the meantime, what is the going rate for one that needs a complete restoration? And anyone have any idea of the parts that would be difficult (impossible?) to source?

Looks like a restored one brought $150k or so - https://www.goodingco.com/vehicle/1966-alfa-romeo-giulia-gtc/ That's a data point.

Thanks,

Scott
 
#5 ·
The rear trunk lid is a different size to standard GT, floor and sill repairs are more complex than standard due to extra bracing. Chrome bumper bars rare as hens teeth, Grille is now available but not cheap....... But if the price is right you will have a sought after model. I will put some images of a car I saw some years ago in the car restoration column.
Tim
 
#6 ·
I think I know pretty well the GTC (I have the third who is waiting for is turn to be restored).

You have to make sure that your car is complete , no matter the state.

There is a lot of subtleties between a GTC and a coupe and some sparts are special for GTC.

Make sure you have all the chrome and system for rear windows (very very "hard to find" parts).

Trunk lid, rockers, A pillers, reinforcments on dashboard and under front mask and soft top structure are specific. You must be a good body builder or have a friend with body shop :)

You can adapt market rear fenders.

If the car you're talking about is a basket case, 15k US $ is a top price for her. You will spent 95k + US $ to restore for a perfect state. (and you will do personal a lot of job).

Chris
 
#9 ·
Here are the pics. Difficult to get a good pic of the entire car given how it's sitting in the garage. The owner said he has all the parts to put it back together. Looks like it was disassembled for the restoration that never began.

The original color is apparently the light aqua that's on the dash. Must have been a stunning car when new.

Let's say the original parts are all available and useable. Roughly what would the car be worth as it sits? And if done on a very high level, I am thinking this is a $150,000 car?















 
#10 ·
judging by the radiator support and engine bay it looks very solid and straight. floors are good too. I wouldn't call it a basket case. I pictured a car full of rust. no idea on value.

cheers ian
 
#11 ·
It's not at all a basket case, trust me. It's a second hand car prepared for painting 0:)

She seems to be a 1964 car. The base is very solid and it's far from what I was thinking about. I am so used with crazy projects...

I don't know the asking price, but in Italy cars are not cheap. Hope it's not over 15K€. There is one for sale (but not sold of course) in France for 37K€ (it's always good to dream).

I insist, but make sure you have all the parts for complete rear window chrome/fitting/details/mechanism...

The rear seat is specific as well. But you can modified a "normal" one to a GTC one... (you must have a good friend, not painter here but in upholstery world 0:))
 
#14 ·
Scott,

You’ve asked what it might be worth if restored to perfection.

Obviously, the best any of us can offer are opinions, not guarantees.

In my opinion, the GTC is a cool car, but not one with a unique value. It is relatively rare, but that’s about it. It is not a high-performance Alfa, the model has no racing history, it is not really a styling break-through, and it offers nothing that a similar-year Duetto wouldn’t do as well.

Someone might want a perfect GTC to complete their collection of Sprint GT, GTA, GTV, and GTC. Not sure how many of those collectors are around.

My hunch is that $150k would be an anomaly. Consider the other Alfas, all more desirable, that could be had for that money.

Having said that, I AM in the club that believes all old, low-production Alfas will appreciate with time. It’s just a matter of how long you must wait.
 
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#19 ·
If I had that car on hand it would get a nice mildly tuned 1750, decent brake and suspension job, a not so original interior. (keeping all the original stuff aside, and not doeing anything that could not be corrected with just some parts and labour. ) But too many projects on hand allready.....
I love the bodylines, especialy with hood down. Better than spider.
 
#23 · (Edited)
Ha.. my first thought too. The GTC is a historical dead end. Unless you really love the lines (really Veep, be honest ;) ), like to play the long game with investments or already have a buyer.. well, i’d be inclined to weld a roof back on it too :)

(just kidding.. it is history)


Does anybody know the history of GTC? I would be interested to know (the politics of) why it exists to be honest.. who, where and why was it commissioned?

As others have said Alfa has made plenty of beautiful spiders over the years, this variant really is a bit of an anomaly when placed amongst all the other cars (to me)
 
#21 ·
Hmm.

I'm up in North Italy and mentally booking my train ticket (obvs, if the OP is not bidding) although my wife is currently berating me for the money pit that is a bare metal Series 1 Jaguar E-Type (XKE) restoration. However, that car is in the UK, and should be done by Christmas.

I fear that while my wife could be persuaded, she would demand the sale of one of the other Alfas. She loathes both of them with a passion I don't understand but then she's a Mercedes SL/SLK kind of gal. She likes rock solid electrics for example. Odd woman.

P
 
#25 ·
I was involved in 100 point concourse restoration of a GTC many years ago. One thing I noticed on the body of this car that seems missing is the “farm gate” behind the front apron. A cross brace that addded more strengthening, added by Touring. This car does not seem to have it.
Over to you brains trust!
 
#28 ·
From what I understand in reading past threads on GTC's. The body strengthening evolved over the production of the car. This is one way to tell when it was actually made.
 
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#32 ·
My friend Dogga Dave in Australia did a top a restoration on a 61 2000 Roadster, completing its conversion to RHD. These were never done RHD at the factory.

If memory serves it sold to an Oz museum for big money. My memory isn’t dredging it up at the moment, but perhaps around 200,000 AUD.

So, maybe the utility in a RHD country outweighed the change from original,
 
#33 · (Edited)
When you get into something like this and have to ask what it is worth as is, I think you are in for a serious disappointment in the end. If it was a $300,000 car like an early Porsche Speedster and you could buy it for low enough to cover the restoration costs it might be a good deal. There is a wide open market for them ..restored. This car FREE, doesn't cross that threshold. A serious collector ( most of the market) looking for one is going to want it as original as possible and there are GTC's that check that box, some of which are owned by people sitting on the fence undecided to keep or sell and don't like the selling process... I'd rather look for something that is a cosmetic restoration for $50 or $60,000 than start at this level on this particular model. Sometimes it's better to search for those owners on the fence than leap into something like this. You basically have to knock on doors to find what i am talking about. It is exactly how I bought my SZ under the noses of everyone who assumed it couldn't be bought. In my case, timing was everything.. the owner had just decided to move to a lake and wanted a bass boat. I bought them the boat..I got the car.

If a GTC is on your radar as a must have, there are better ways to scratch the itch than this.

Then there is always the salvage/part-out value that might be a course to take if the price is right.
 
#37 ·
If it's a purely financial decision, it would be extremely difficult if not impossible to justify a purchase like this.

But it's never like that for me. And once I get started, my emotions sometimes trump common sense. That's how I end up going overboard sometimes. And I'm ok with that.

Having said all of that, I'm not interested in the car. It doesn't really speak to me and I have too many projects, spread across 2 continents, several different storage units full of vintage cars and parts, etc.

Thanks
 
#36 ·
GTC's were (I think I'm right about this) made by Touring. Since that company is long gone Touring-only parts are going to be unobtanium. Body parts, of course, can be made but missing critical trim items will be very difficult to source. That said, I was all set to dismiss this car until you posted the photos. Man that's a sound appearing GTC! Every other one I've ever seen that needed a restoration was a complete rust-bucket but, wow, if the parts have been carefully stored this would make a great restoration project. As to ultimate price, I think the more realistic approach is to estimate how long and how much it will take to restore this car. With only 1000 made and their proclivity to rust, there aren't many of these left.
 
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