The cowl tag decodes as the interior being red an exterior as red , what is bothering me is that interior is black , whats the odds of the tag being wrong ? I can see that the outside has been repainted an shows some red under it in a picture , but from what I see online the interior would have to be completely swapped to be black including part of dash should be red ,, the engine is missing so I cant restore it to original but interested in how the wrong color interior effects the value to purchase , of course I have not seen it up close yet but will this friday to make an offer , , I have only seen the cowl tag not the vin tag yet ,,I don't care much that colors are different just interested in how value is affected , I love the 65 models but want to curb my ideal on price in case I want to resell sometime after I get it running ,,plan is to get a 283 from same year and install just to make it era correct but might put a 327 in it or go for a BB engine if it helps raise value , the guy isn't trying to mislead as far as I can tell but listed it as a barn find which who knows on a car this old what has been done ,,but he is asking $5000 for a non running car and says its solid body just some surface rust here an there and solid frame ,,which is why I need to go over it carefully ,,if solid I was thinking of $3500 to $4000 as price range but I know very little on a value with the differences ,,I know the value is what the next person will pay for it but want to keep it realistic ,,any input would be appreciated , thanks
me? I'd believe the tag over some sellers claim. Until you get to thoroughly inspect the car as Dave suggested , and on a lift to get full access to the 'underneath', I would not accept the 'solid' claim either. 'Surface rust' may be only the tip of the ice berg.
No drive train, wrong color, replaced interior (and inaccurate claim of 'original'), rusty and in need of a paint job ($10k without rust repair), equates to a car that needs LOTS of $$$; especially if you can't do much of the work yourself. And steering, suspension, brakes, electrical, ALL need evaluation. Don't under estimate the costs of your personal preferences.
As you said the car will never be considered 'original'. I would not spend a nickel trying to make it so; or even 'period correct' which is nebulous and adds no value (if 'value' is your goal). Recommend you research what 'finished' cars are selling for. That should give you an idea of what this type of car is 'worth'. My guess is approx $25k.
One way (not the only way) to approach your quest is to determine how much money you are prepared to put into the finished car and work backwards to what the 'hulk' is worth to you.
For example ONLY:
investment limit: $25k. "hulk' purchase $5k; leaves $20k for 'restoration' to break even.
Paint w/surface rust repair only: $12k
Brakes, suspension, steering: $10k
Risk (ALL the stuff you don't know that will pop up): $10k (a rather conservative estimate).
Total required to 'restore' to drivable and 'nice' appearance for this example: $39k. Again, this is an example of the process. You need your own numbers. The numbers I used are WAGS.
One last suggestion. Restoring these cars is a HOBBY and the rewards come from the completion of the finished product to YOUR requirements/desires. Investment will never be returned.
Just trying to be helpful.