My grandfather and I located the first model T he ever restored in 1958: a 1926 Model T coupe with a red body, black running boards and fenders, high compression head and a ruxstell rear end. The lady he sold it to in the 60's still owns it and may be willing to sell it back to him. Our plan is this: I sell my current chassis and we go 50/50 on the coupe. We co own it and when he passes it gets handed down to me. What do you guys think? Does it sound worth it? Here's some photos of the coupe. Oh, and if anyone wants to enquire about my chassis you can email me at email@example.com . The chassis is complete and ready to run save for that it needs to be wired, timed, and have the fuel line installed. I was going to ask $3,200 for it but I'll take offers. The coupe is coated in dust. I was told by her husband it was driven two years ago and still drives great. Any estimates in a value? We're hoping no more than $7,500 but to my grandfather's credit it's still a great car nearly 60 years after his restoration of it.
p.s. He never finished the upholstery job and it's still unfinished. The seat you sit on is done (fabric) as is the back of the seat (fabric) but the upholstery for the inside of the roof and the sides of the inside of the body were never done and are still bare.
Don't pass up the chance to own the first car your grandfather restored, the memories of getting it and working on it with him will be priceless in the years to come.
Best of luck selling the chassis.
Hi Matthew - It sounds like a great deal for both you and your Grandfather. If it were me, I'd do it in a heartbeat.
Concerning the value on your chassis, I think you're a little high on the price. Do you have a clear title with the correct engine number for it? Having that adds at least a couple hundred to the chassis value. If you had the title for it and it was running, I would value it at about $2.5 to 3 Thousand, but that's just my opinion.
You may be right in that I may be a little high. My chassis is a "put together" car of parts. It's mostly 1925 components but It has a pretty nice 26 motor in it. If I sold it a bunch of parts would go with it including a full touring car body, a couple wheels, axles, stuff like that. Any idea of what a reasonable price on all of that would be? I figured 3200 with the parts included, if someone wanted just the chassis I'd probably ask 2500. Yeah, I really don't want to miss out on a chance to help my grandfather get back his first T. He still has his 23 roadster but the other dozen or so T's he worked on have all been sold over the years. The only reason he ever let his coupe go was because the barn he stored the T's in got sold when the farmer passed on. He was restoring the roadster at the time and only had room in the garage for one T. He's missed that car ever since.
Actually I should note those are SPARE wheels. The chassis has 4 good wheels and 4 used but still quite good tires. Any ideas from the pictures what the coupe might bring/a reasonable offer?
Matthew, I would buy the coupe in a heart beat, My Grandfather and I wish we could buy back some of the cars he restored in the 60's, best of luck to you
Concerning the Coupe, are the tires old and cracked? How long has it been since it was run? I hope they either drained it or have good antifreeze in it so it didn't freeze up. It certainly needs a good cleaning, and I hope nothing has been damaged by all the "stuff" in and near it. And of course, the upholstery needs to be finished. I also hope that the critters haven't eaten any of the seat upholstery, etc.
With all of this in mind, I'd put the value at between $6 and $8,000.00.
Just my opinion,
Since the car still needs an interior and top, and probably a freshening of everything else, I'd say Keith's estimate of $6-8K is about right. I'd expect to get it for closer to 6 than 8 though. (I'm on Matt's & Grandpa's side.)
If the sellers think it's worth way more than that, show them this thread with these estimates from the "experts."
Go for it, Matt!
I hope it works out. This sounds like a wonderful project for you and your Grandfather to enjoy, and you to own for years and years to come. Good luck,