Date registered: Mar 2013
Vehicle: 1967 Fintail 230S
Location: Miami, FL
Mentioned: 0 Post(s)
Quoted: 3 Post(s)
Hi OzarkPetunia. Welcome to the forum, and maybe you can learn from my experience. I bought a 1967 Fintail earlier this year, and it was / is in running and fairly decent body condition. Good interior as well.
Even with a straight six motor, I find it slow around town, and noisy on the highway, so I have decided to change the rear axle for a more "highway friendly" axle ($600). To do this, I also had to buy 14" wheels and tires ($500). I elected to change all the rubber parts on the rear axle ($550)while I am doing the swap because everything is almost 50 years old. Might as well change the brake master cylinder and rear calipers while I am at it ($180). So everything adds up, usually to more than we plan on spending. Looking on the bright side, I plan on "saving" by doing the axle swap myself. Oh, did I mention the new battery last week ($75).
Yes, these are things I elected to do, but I want to make the car enjoyable to ME to drive. Will you have the same issue with the low top speed of the diesel? Will you be satisfied with it, as is?
Buy the car if you like it, but don't expect to make any money if you try to flip it. An often quoted adage is "Buy the best car you can afford", and to that I would add, try to buy one that's already running too. Are you handy with a wrench? Is free labor available? Any possibility of you speaking directly with the owner in CA? He might give you some more insight to the true condition of the car. Have you been able to look under the car (this cannot be done by kneeling at the side of the car)?
Old cars and money are inversely related: the more old cars you have, the less money there will be. Good luck, whatever your course of action.