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Value of an unrestored 1962 Jetfire turbocharged

Home Page › Forums › Discussion Topics – Ask the Experts › Value of an unrestored 1962 Jetfire turbocharged

  • This topic has 10 replies, 5 voices, and was last updated 10 years, 7 months ago by kid442.
Viewing 10 posts - 1 through 10 (of 11 total)
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    Posts
  • July 21, 2015 at 5:36 pm #11111
    Don Roberto
    Member

    There is this owner of a 1962 Jetfire Turbocharged and 4 speeds tranny. The car is all original and untouched. Some fender rust, but otherwise intact and solid. Interior in great condition. I assume the turbocharged is dry and in need of restoration. How much would this car go for as a barn find and then fully restored?

    July 21, 2015 at 8:24 pm #11112
    jensenracing77
    Participant

    As much as I hate to say it, These cars don’t sell for as much as many people think they should. They are awesome cars and very neet. Bring great attention at the shows. The problem is that the parts are very hard to find and the turbo system will for sure have to be rebuilt. They are very rare to find complete but rare don’t make them worth a fortune. Every time I found one a couple years ago then ken Denneson would say it was to much money. Now that I have been around these cars for a while, he was always right.

    I am not trying to say don’t buy it because we love ours and are lots of fun but just be carefull with the purchase price. even if it needs a little work you are talking big money. restored price is not likely going to hit $20,000. Without pictures there is no way to give you an opinion on unrestored price but at the same time all the ones I know of that needed some restoration work sold in the $6000 range or less.

    I did pay more for ours but it is a rust free original paint car.

    Good luck and if you get it post some pictures for us to look at.

    July 21, 2015 at 8:28 pm #11113
    jensenracing77
    Participant

    If you can, post pictures here before you buy it and we can give you some better information.

    July 21, 2015 at 8:47 pm #11114
    Don Roberto
    Member

    Here are some pics

    Attachments:

    You must be logged in to access attached files.

    July 21, 2015 at 8:54 pm #11122
    jensenracing77
    Participant

    Do you have any pictures of the rust or bottom side?
    Looks like a nice car

    July 21, 2015 at 8:56 pm #11123
    Don Roberto
    Member

    No. Those are the pics I took the 1st time I looked at it. Owner wants 15 grands for it. It seems like too steep.

    July 22, 2015 at 3:04 am #11124
    jensenracing77
    Participant

    In my opinion, half that much would be on the high side. I didn’t even pay that for my 100% rust free original paint car. Not saying that is not a nice car but not nice enough for that kind of money. Does this car run and drive?

    July 23, 2015 at 10:34 am #11126
    Greg Oakley
    Participant

    What state is the car in?

    July 25, 2015 at 8:24 pm #11127
    62turbojet
    Participant

    Its worth what it’s worth to you.You can’t always put a price on your hobbies and passions because then they just become about money. Looks like an incredibly well preserved barn find, one of the best i’ve seen yet. Plus being a factory 4 speed car is huge. Supposedly they only made around 50 of them in 62 and that is one of them. Probably the first and last time you will ever come across a factory 4 speed 62.

    Looks like an awesome car and if I were in your position and had the money id buy it in a heartbeat and bring it back to running driving factory condition.

    July 26, 2015 at 5:59 pm #11128
    jensenracing77
    Participant

    I am going to add more to this. I have posted like I have because I already know this car. I was trying to buy the car and thought I was going to be able to get it at a price but the guy all of the sudden thought it was worth way more. From the condition of the bottom side and the rust issues I do not believe this car is worth even close to what he is now asking. I believe the date of the engine is newer than the car so it was replaced but was replaced with another Jetfire engine. We know the turbo was replaced because it is not a red one. With the engine likely replaced, I wonder about it being an original 4 speed car. It very well may be but there is no protect o plate to prove it.

    I am sorry for my “somewhat” biased posts above but I hate to see someone over pay for this car and I would still be interested in it. If the current owner wants to sell it to me for the earlier price I will still likely buy it. If he can get more then so be it.

    The biggest thing is that if you do buy this car we will be more than happy to help you with any questions you have.

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