Hello,
I have always been a fan of classic cars and trying to learn more about them. A person we know has a 1976 Lincoln Continental Mark IV, 60k original miles - no rust. He is selling the car for $3,000. The seats were removed from the car due to humidity/mold. New carpet was placed in and after market seats. Is this something that could be a collectors or worth buying? Maybe fix for car meets/shows or resale later? Thanks.
Are you planning on doing most of the repairs/work on the vehicle yourself? It could be a fun project and you will learn a lot, but I wouldn’t buy it for resale value or thinking it will be a collector’s item.
It can certainly be a fun weekend toy. Sounds awfully cheap though. I have to wonder if there's something going on there, like the car was flooded (which would explain the mold and removing seats). Or maybe the engine or drivetrain has some serious problems.
I thought that as well, gentleman seems like and honest guy. I bought a pickup from him yesterday he had it valued below market price, checked carfax, records, mechanically everything checked out great. He turned on the Lincoln and engine everything works and sounds great. He is retired I think he is wanting to get rid of some of his toys he no longer needs.
In general you really can't trust sellers but if what you're saying is really the case it's hard to go wrong with a running classic car for $3000. You'd be hard pressed to get an old Corolla for that kind of money. Also I can kind of understand the need to "thin the herd" and downsize as you get older, and just wanting to pass unused vehicles on to someone who will appreciate them. Being Scotty's age I'm mulling that over myself. So if the Lincoln drives OK and isn't rotted out underneath what the heck, go for it.
It only has a five digit odometer so for all your know, it has 260,000 miles. Don't believe anything you hear and only half of what you see.
