Thinking about cashing out....what's it worth??

[Deleted User]
edited June 2013 in HUDSON
Hi All,

Well I'm thinking of selling my 46 Commodore 8 sedan. I do really like the car but I've got a lot of other projects I'm working on, parts are a bear to find (as you guys know!), and right now I think it's a bit too much of a project for me.
I'm debating whether to let it sit in the shop and become one of those "I'll get to it later" things, or let someone here buy it and give it the attention it deserves. I know a bit of the history of the car, and can provide a lot of pictures, but I don't want to advertise on here so if you are interested or know someone who is, PM me & I'll be happy to provide as much info as I have. I know what I paid for it, I know what the previous owner had into it, but what is this actually worth in the eyes of Hudsonites?

Thanks,

Keith

Comments

  • Browniepetersen
    Browniepetersen Senior Contributor
    The car has a lot of potential and would make a very nice driver with only a little futzing. The Price Guides place the value somewhere between 6 and 8 grand. My experience is that it is hard to sell a project. Much better to keep it and work on it a bit at a time and enjoy it.
  • commodorecollector
    commodorecollector Senior Contributor
    Keith, hold onto you Hudson, don't sell it! What you could do is move onto other projects while trying to find the parts that you need and then once you have them you could finish your 46' Comm 8 off.
  • Definitely hard to sell a project no question about that, especially of a marque not a lot of people are familiar with.
    Yes NADA, OCPG etc I was looking at around $6-$8k (though honestly I would take much less than that).
    My delimma is I have 2 other projects I'm working on....one is a $25k+ car, the other is a $70k+ car. Nice problem to have, I know. But my ratioanle is if I work on the Hudson it takes time and resources (money) away from those other two projects.
    Perhaps I will just hang on to the Hudson for now. I have worked up a project plan for doing the interior, nothing fancy and not original but at least to get it back together. However, I don't think that the cost of doing the interior will increase the value that much. What I mean is if I put $X into the interior on this car, I'm not going to get $X + back out, I'm just going to get $X back out so it's a wash, but easier to sell.
  • Courtesy Man
    Courtesy Man Expert Adviser
    Whatever you decide on keeping or selling your Hudson may I make a suggestion? Tell us where you are located and a few basics on the car : driveable, rust problems, complete or what's missing. Then if someone wants more info they would likely contact you and you have more options. You may also find parts you need or to pass that info on to the buyer. Gert Kristiansen
  • Jon B
    Jon B Administrator
    In my opinion, working on multiple antique cars at one time, effectively dilutes the time / money available on any one of them. My suggestion would be to put two cars on hold and concentrate on the third one until it's done. (But I myself am like a fly; only can do one thing at a time! You're probably more talented than I!)

    The big question on this Hudson is, do you really want to spend the time and money it will take to restore it? Frankly, you can probably buy a nice restored Hudson (from a widow) much cheaper than restore one yourself. It would be a shame if you sunk a bunch of hours and money in it, only to discover later that you would have preferred a Mustang!

    One thought: just get this thing running, and have it as your "fun car" to drive while you concentrate on making the other two cars into award winners. It's no fun to be working on old cars for ten years and not having one to enjoy. A lot of us started out with a barely-operable Hudson, and we drove it year in and year out, and then gradually (as we drove it) fixed it up.

    If you do decide to sell, I would urge you to list it in the WTN because there I think there are still more Hudson people reading that, than using the Forum.
  • I agree guys working on more than one car at a time is tough (especially since I'm a one man crew with a day job). I can usually handle 2 cars at once, but a car I've been waiting on for 6 years is coming available to me now (the $70k+ car) so I know I'll need to focus on that one for a bit.

    I do know if I keep this one and keep working on it, I wouldn't restore it to original. I wouldn't go bat s**t crazy on it, but the parts, patterns, etc are just too hard to find to do it original and too costly. I've always really liked Hudsons, and this is my first go-around with one (and probably not my last, either).

    Just as an FYI since i know all you guys don't know my car, it DOES run and drive, the floors and trunk have already been done, gas tank was pulled, boiled & sealed and put back in along with new fuel lines. Starts easily. 77,500 miles. Everything is there (the interior is pulled out & in my shop & it's all there but needs redone), it's hard to even find a dent in this thing. The drivers door has some rot, but I have 2 extra doors. That's why I got it in the first place, over here in New Jersey it's REALLY hard to find a solid, straight car like this. I do have the original wheels in case the future owner doesn't like the AM Racing wheels I have on it now.
  • raidmagic
    raidmagic Senior Contributor
    OK so I have to know, what is the 70K+ car?
  • A 1961 300G, 54k miles, factory air, 413ci with the cross ram dual quads, 1 of about 10 left :D

    Guys I've put alot of thought into this and I've gotta let this Hudson go. If you're in North Jersey and you have around $4,000 it's yours.
  • Jon B
    Jon B Administrator
    Don't reglect advertising in the WTN. Also, contact the Garden State Chapter, the editor there may be happy to post this in their newsletter gratis. Although this forum is read by a lot of people, there are many potential customers whom you can reach by other means.
  • Very true I'd like to see it go to a fellow Hudson enthusiast.
This discussion has been closed.