Advice on selling used type 3

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shauncwalsh
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Advice on selling used type 3

Post by shauncwalsh » 14th October 2014 - 2:52pm

Hi, I have a question about Type 3 resale values.
My (deceased) father in law's 1970 Type 3 has been sitting unused in a dry garage for 20+ years and I wanted to know roughly what it might be worth sold as a project car in its current state and as a good but not concours, runner, trying to decide whether to sell as is or revive, brief details below:
1970, J reg twin carb type three in white, one owner from new, approx 60K miles.
All original, (except inertia reel seat belts fitted) no historic crash damage.
Dry stored and not run for 20+ years, garaged with handbrake off. Waxoyled from new, i think my father in law had shares in Waxoyle!)
Would need new tyres, brake overhaul (for safety, don't know if they work or not) and new fuel tank sender unit (not working when last used) and clutch is probably stuck on, would need replacing. May also need new heat exchangers and exhaust given the age. Anything else I haven't thought of?
Bodywork looks pretty good, no signs of major rot. Interior trim all complete and undamaged, just needs a damned good clean.
Thanks
Shaun Walsh

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Editor
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Re: Advice on selling used type 3

Post by Editor » 14th October 2014 - 4:13pm

It's always a gamble when a car has sat unused for a long time, but a solid body is a big plus, and you may find the clutch isn't stuck and the engine isn't seized. Exhausts and front wings are the major weaknesses, but Waxoyl may have saved the wings.

As you appreciate, there can be various things that could need going over, but probably not many parts to replace. In fact, the original German components may well be in much better condition than a lot of after-market components are. Generally parts quality now is nothing like as good as the original parts.

Probably in the £2K to £3K bracket, but there can't be many more low mileage original cars left to find... Why not take it on yourself? Plenty of helpful advice available here!
Dave.

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shauncwalsh
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Re: Advice on selling used type 3

Post by shauncwalsh » 15th October 2014 - 9:09am

Hi Dave
The £2K to £3K price, is that for the car as it stands or as a clean runner?
I had thought of taking it on myself but lack of space and time precludes that. To get it running again I would probably pay our local VW specialist (used to take my 1975 1303 to them for servicing) to do the work.
Thanks
Shaun

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brimfull
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Re: Advice on selling used type 3

Post by brimfull » 15th October 2014 - 10:28am

I wouldn't give it too much of a clean if advertising it as the patina will add ££ in todays climate :D

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shauncwalsh
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Re: Advice on selling used type 3

Post by shauncwalsh » 15th October 2014 - 11:55am

Hi Brimfull
Good advice, perhaps I should leave the "patina" in place and put it on antiques roadshow :?
I thought Patina was a brand of pasta sauce?

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miketyp3
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Re: Advice on selling used type 3

Post by miketyp3 » 15th October 2014 - 12:57pm

... and don't forget to include the words "barn find" irrespective of where it was stored and whether its existance was previously known... :roll:

Mike
Mike

64 1500S Notchback - RHD Sunroof
66 1600TL Fastback - Pigalle Interior
67 T346 Karmann Ghia - RHD Sunroof

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Editor
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Re: Advice on selling used type 3

Post by Editor » 16th October 2014 - 1:57am

I was suggesting 'as is' valuations, which take account of the possibility that significant cost might be incurred to get it running again. You know it needs 4 tyres. It might be that all the other systems are OK, but if not parts and labour for all the things that might need doing could be as much again as those tentative values, but you would be unlucky to have everything needing work. It's a fact that solid looking bodies can still hide rust, but I doubt you would easily find a better bet for restoration, with the added family connection.

Personal restoration is how most of us like to go - it's 'quality time'! That may not match your preferences, facilities or time available. In which case, I would imagine it would be fairly easy to find someone who would take up the challenge.

As far as 'patina' is concerned, it's hard to match the rusty surface that some people seem to like. A sympathetic clean isn't going to harm what patina it has gained over the years, and it gives a chance to inspect it carefully to see if there's anything else needed.
Dave.

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shauncwalsh
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Re: Advice on selling used type 3

Post by shauncwalsh » 23rd October 2015 - 4:36pm

Update
Ok, its been a long time since the last post but today my father in law's fastback saw daylight for the first time in 28 years!
Bought a new battery and fitted it, all the lights and wipers work :D
Starter motor engages but will not turn engine over :(
Engine will turn over using spanner on alternator pulley :)
Brakes firmly stuck on :angry:
A few thumps with a lump hammer on the wheel nuts and the shoes free off :D
A quick pull with a tow rope and she's on the drive. :D
She's covered in dust but 98% solid, a couple of patches of rust at the bottom of the front wings near the doors and spots of surface rust on every panel but the floor seems solid and all the bits are there.
By 12:00 it was on the back of a recovery lorry going to our local air cooled vw specialist for some tlc.
It was the car my wife learned to drive in 40 years ago and now she doesn't want to see it go so it looks like it will be living in our garage when it has been sorted.

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937carrera
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Re: Advice on selling used type 3

Post by 937carrera » 23rd October 2015 - 8:14pm

Delighted to hear you have decided to keep and restore her. Good luck and you should know we all like pictures :)
David
1974 412LS Variant
1973 412LE 4 door Fastback / Saloon

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shauncwalsh
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Re: Advice on selling used type 3

Post by shauncwalsh » 23rd October 2015 - 8:54pm

Latest news, she runs!
Fuel tank needs cleaning, fuel pump and starter needed replacing, but connected to a jury rigged fuel supply she stated and ran, a bit rough but no knocking or undue noises. :D pics on the type 3 gallery forum.

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Re: Advice on selling used type 3

Post by Chino » 26th October 2015 - 11:13pm

Excellent news! :)

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Editor
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Re: Advice on selling used type 3

Post by Editor » 27th October 2015 - 1:22am

Sounds like she's found her next owners. Enjoy the restoration.
Dave.

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shauncwalsh
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Re: Advice on selling used type 3

Post by shauncwalsh » 12th December 2015 - 8:37am

Latest update:
New tyres
New exhaust
New front calipers and rear brake cylinders.
Fuel tank cut open, cleaned out and welded up, all fuel lines replaced.
Windscreen washers now working.
Original static seat belts refitted.
NEW MOT :D

Just needs insurance and tax.
Does anyone know who might give a good deal on insurance, low annual mileage, agreed value?

Looking forward to getting back on the road in spring.
Shaun

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937carrera
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Re: Advice on selling used type 3

Post by 937carrera » 13th December 2015 - 9:38am

Having used a few classic car brokers over time I have found Heritage to be the best for a few years now. Not sure if it's because of the number of cars I am covering but I have a dedicated person to speak to, a real human, who knows me and no switchboards to go through. Just like it was 20 years ago again :)
David
1974 412LS Variant
1973 412LE 4 door Fastback / Saloon

jayvanman
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Re: Advice on selling used type 3

Post by jayvanman » 9th January 2016 - 9:11am

shauncwalsh wrote:
Just needs insurance and tax.
Does anyone know who might give a good deal on insurance, low annual mileage, agreed value?

Hello Shaun,

Like you I am a newbie, this in fact is my 1st ever post on here.

for insurance I have used RH insurance for my splitscreen, sensibly priced and usd to dealing with classic vw's.

congratulations on taking on the squareback.

I am in the last throws of putting together a deal on importing a squareback from the states.

so like you I'll be looking forward to the spring.

Jason

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shauncwalsh
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Re: Advice on selling used type 3

Post by shauncwalsh » 21st January 2016 - 10:06am

Update:
Al working now except fuel tank sender which Chris Gilley has had problems sourcing. Apparently the paint has buffed up nicely.
Should be coming hone soon, will post some pics when she arrives.

Chino
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Re: Advice on selling used type 3

Post by Chino » 21st January 2016 - 4:04pm

shauncwalsh wrote:Update:
Al working now except fuel tank sender which Chris Gilley has had problems sourcing. Apparently the paint has buffed up nicely.
Should be coming hone soon, will post some pics when she arrives.
I believe Coolair VW had some Type 3 senders in stock if you are still in need.

http://www.coolairvw.co.uk/Item/Shop_by ... ender.html

Chino
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Re: Advice on selling used type 3

Post by Chino » 21st January 2016 - 4:05pm

Chino wrote:
shauncwalsh wrote:Update:
Al working now except fuel tank sender which Chris Gilley has had problems sourcing. Apparently the paint has buffed up nicely.
Should be coming hone soon, will post some pics when she arrives.
I believe Coolair VW had some Type 3 senders in stock if you are still in need.

http://www.coolairvw.co.uk/Item/Shop_by ... ender.html
Mine stopped working when I switched fuel tanks, however, it came back to life with a tap from the handle of a screwdriver!

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purplepeter
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Re: Advice on selling used type 3

Post by purplepeter » 21st January 2016 - 4:52pm


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