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1964 1/2 Convertible - 260 V8 C4 Automatic, Power Top, Console, 4 Wheel Drums
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Discussion Starter #1
Hello everyone.

I was over at SLS today talking to Larry about my car, and the forthcoming
body work / paint job.

I noticed right away when I got there that something was different. He had
a handfull of late model cars for sale on the lot, but only 2 old Mustangs
parked out in front.

Closer inspection revealed a number of old mustangs in the back lot, and in
the shop, all needing some kind of work. He is very busy in the body shop
and can't get to my car until the beginning of August.

But that is not what this is about. Where did all the finished cars go? There
were tons of them there back in April when we met there as a group, and they
were all gone.

Larry said that the sales of the finished cars has been real slow for him. He
didn't really offer any reasons, but I think it might be the horrible
construction going on around there, or just the fact that prices have gone up
for all old Mustangs, and he just wasn't seeing the interest for the prices he
was charging. These cars are pretty expensive now.

And Larry has to pay these large prices up front too, even before he restores
them. So it isnt like he is just trying to take advantage of the price spike.

He said he sold the whole lot of the cars to the Volo auto Museum. He also
said that he did pretty well in the deal. Maybe not as great as if he had
sold them all one at a time, but he made some money.

And he said Volo marked most of them up about 40% over what Larry was selling
them for, and sold most of them right away.

I guess people don't really care what they pay, as long as it is from a place
with a well known name.

Are the cars better bacause Volo is selling them? Is a car that Larry was
selling for $20k really worh $30k because it is sitting in a different place?

According to Larry, very little if anything was done to the cars at Volo, as
it really wasn't needed.

In the long run, we may have lost a good source for cars, as I'll bet this will
not be the last time SLS finishes a car and moves it to make room for the next.

As long as Volo can sell em for a premium - who are we to say they shouldn't?

Oh well. If you are impatient, and don't do your homework and look around, you
will still pay.

-Zim
 

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My neighbors and I just had this discussion last night. They feel that a place like Volo gives you a better selection to shop, a place to go to with problems, they finance...and your right, they are a big name place. They are of the mind paying extra is worth the aggravation. It's hard to figure out a price on aggravation. Top that with all the work they see me doing/ getting done on the 65 and they say, No Way!

While I have never been to Volo to comment on their cars, I went through hell to get both of my cars. Many $$ and time went into the search for these cars that might have been cheaper to go to Volo and say, "Gimme that one".


not for me though.... ::
 

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As mentioned before, I got my convert at Volo. I will admit I chose Volo because I did not know other places were out there, and I did want to get my car already to go. If I knew about SLS or other oplaces I would have checked them out. I did spend about a month looking on the web for a car that I felt OK with. I will admit I was told I payed about $500-1,000 more than the car was worth, but I felt that that was worth not having to wory about buying a piece of junk that somebody just shined up.
More of you may be able to do more work yourself, but I unfortunately do not have much skill when it comes to the heavy engine/ body work.
Good news, though, is that now the car apraises for much more than I payed for it. ::
 

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1964 1/2 Convertible - 260 V8 C4 Automatic, Power Top, Console, 4 Wheel Drums
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Discussion Starter #5
Ken,

If you only paid $1000 more than what it would appraise for, and saved
a lot of aggrivation, I say you did pretty good.

What prompted my original letter is that Larry told me this last batch of
cars sold for 40% more than his original asking price.

If you had paid $10k more than the appraised value, I would say you got hosed.

Your cars are great, and I say you did well.

Volo still has some cars, I hear, that are close to a fair price. You just
can't seem to count on that always being the case there.

-Zim
 

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I will say this about Volo, they might clean and polish cars, but I don't think they do any of their own restoration work. rather, I think they farm it out to different suppliers. I might be wrong but I did hear about some body shop painting that prototype red.
Having said that, I'd match my GT 350 against the 1 0f 1 67' Gt 500 prototype C'vert in an honestly judged concours any day. And I kinda like the place, just don't like all the hype.
 

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Jason,
I must admit I do agree with your point. I know I got a good deal, but I have also heard that they buy cars and sell them unchanged for a GOOD profit. Again, this is a free society, and it is harder to find a good deal.
 
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