Me and my dad just bought our second 1972 Ford Maverick, and we got the original engine, transmission, and just about everything original that came with it, the engine needs rebuilding, and the rest needs allot of work, would it be worth restoring it to original and selling it for more than we paid for the first two combined?
Depends on what you paid for it and how much $$ you drop on a "restoration" They arent worth huge money restored to original anywhoo.
Not what you think... A good and proper restoration will cost you around 20K. You will be hard pressed to get 10K to 15K for the car when done. Its a Maverick, not as popular as a 60's mustang. Sorry, They are gaining popularity though because they are still affordable to buy. Not so easy to restore though.
You could easily spend enough money just restoring the motor than what the car is possibly worth. The only true way we can judge this is to know how much you paid for it, and see pictures of it's current condition. With those items, we could give you more of an educated guess.
I will post some pictures soon, but its the blue one in my profile picture. There is a guy nearby who will rebuild the engine for very little if not free, and do it right. we only paid $800 for it. It needs some body work, but me and my dad can take care of that, and that leaves just the paint, and interior. When we bought it, it came with the original radio, interior, keys, buyer's packet, and it has the original paint code. We were wondering what it would be worth to a "Purist", and we know we wont need to spend that much money to do it right.
Unless it's a Grabber, Sprint, or Stallion, not many purist people here. A mildly modified car will usually bring more than a stocker. V8's bring more than I6's. Not saying that a restored Maverick isn't worth anything, just not many people want a stock one. Original keys and paperwork are good items to have, but still add very little if any value to the car, unless again, it's a Grabber, Sprint, or Stallion. Like said before, these cars aren't collectables like Mustangs. We collect and fix them up because we like them, and not everybody else does....
Pretty much "dittos" to all that. A quality paint job is going to start out around $3500 I would say. add the cost of the the interior, brakes, motor expenses (it won't be totally free), tranny issues (if any), radiator, hoses, belts, etc....it all adds up pretty quick. One could be upside down in a hurry.
I have over 6 grand in mine so far and it was supposed to be a daily driver. Well now it's in my garage misssing half the floor pans, torque boxes are coming out, dash is coming out and i want to drive it next summer! I will put all this work and labor into it and it will still be a $6,000.00 car....Maybe! I bought it 'cause i like it and not to get rich!!!! You will never ever get rich off of a MAVERICK! You can do what you want but i say build it wild and drive the wheels off of it!!!!!!:bananaman
I'm not looking to get rich, I know the car isn't worth much to begin with, but I might make enough money to build a daily car right.
Dont get me wrong but the money it would cost to restore a MAv properly would be a money losing situation. If you intend to do a restore for profit its really hard on this car due to resale. I have maybe if I was lucky and found the right buyer just enough money invested to break even. Keep in mind I am a auto tech by trade at a dealer and my car was stripped,body work and paint with good friends and lots of favors owing in our body shop and my labor over 11 months. By the time you factor in purchase price,parts and even my minimal labor costs(cash) I am still between 9-10 grand. I honestly dont think I could sell for that around here. Some people have different perceptions when it comes to the word restore though. My car is not restored. It has a crap load of work and money spent but still does not come close to restored as in original show quality. Its an on-going project and that is one of the many reasons I own it. To make money on one of these cars IMO you would have to do the majority if not all of the work yourself. Present a nice looking product and keep your costs as low as possible. Thats real tough to accomplish with a car this age as things tend to snowball. I do however wish you the best of luck. Keep building but drive it. That is where the fun is.
