PDA

View Full Version : '55 Speedster Value



Jeb
07-12-2011, 08:45 PM
I am looking at a beautiful yellow and green '55 speedster going for a little more than $30,000. Is this price high if the transmission is manual not automatic? I saw one like it on an auction site that went for $36,000 but it was loaded (including air).

rockne10
07-12-2011, 09:03 PM
If it's done correctly you certainly can't build one for that price. I don't know that the type of transmission would make much difference. Others chime in.

BobPalma
07-12-2011, 09:39 PM
Only 151 Speedsters had factory stick/overdrive transmission, so they are genuinely rare. I would think that one of them would bring more than one of the 2000+ Automatic Drive copies, all other things equal.

But before bidding on a supposedly-factory stick/overdrive Speedster, you would certainly want to verify it as being so by running the Serial Number through The Studebaker National Museum. BP.

Jeb
07-13-2011, 12:44 AM
The owner provided an engine number, a Serial Number, and a body number. I'm new at this. I assume the museum may be able to tell me all about the car. Now if only my pocketbook would grow by a few thousand.

Jeb
07-13-2011, 01:24 AM
I was on the Studebaker Museum site and the only place I could see production information offered took four to six weeks for delivery. Is there anything faster? The car may not last that long. Any other suggestins?

JDP
07-13-2011, 01:41 AM
The owner provided an engine number, a Serial Number, and a body number. I'm new at this. I assume the museum may be able to tell me all about the car. Now if only my pocketbook would grow by a few thousand.


Give us the body number, unless it's a early show car that will tell us if it's a Speedster. BTW, AC was not a option in 55 on a hardtop to the best of my knowledge. Here's a Speedster that I'll be listing next week at close to the price range you are looking at.

http://www.stude.com/Jeff/

65cruiser
07-13-2011, 08:03 AM
Wow, that's beautiful!


Give us the body number, unless it's a early show car that will tell us if it's a Speedster. BTW, AC was not a option in 55 on a hardtop to the best of my knowledge. Here's a Speedster that I'll be listing next week at close to the price range you are looking at.

http://www.stude.com/Jeff/

Jeb
07-13-2011, 04:48 PM
Holy Cow! I'm applying for a second morgage, car loan, and I'm leasing out my first born! I'll bid on the car, but I'm afraid something that beautiful will be cherished by someone with a deeper pocket than I. The body number of the car I'm looking at is 827 6H-K7. I appreciate the help JDP.

Jeb

JDP
07-13-2011, 05:22 PM
Holy Cow! I'm applying for a second morgage, car loan, and I'm leasing out my first born! I'll bid on the car, but I'm afraid something that beautiful will be cherished by someone with a deeper pocket than I. The body number of the car I'm looking at is 827 6H-K7. I appreciate the help JDP.

Jeb

K7 indicates a Speedster body number 827 out of 2215 built. If you post pictures, we can pick nits for you and give you a idea of value.

BobPalma
07-13-2011, 05:23 PM
Jeb: K7 confirms that it is indeed a Speedster.

Call Andy Beckman at The Studebaker National Museum, tell him what you are up against in terms of wanting to verify the transmission during the auction time, and offer a credit card to pay for, ahem, "expedited handling."

Their phone number is 574.235.9983.

Just my opinion: If the car is indeed one of the documented 151 factory stick/overdrive cars, I'd bid at least 10% more than if it was a garden-variety Automatic Drive. BP

studegary
07-13-2011, 05:48 PM
Jeb: K7 confirms that it is indeed a Speedster.

Call Andy Beckman at The Studebaker National Museum, tell him what you are up against in terms of wanting to verify the transmission during the auction time, and offer a credit card to pay for, ahem, "expedited handling."

Their phone number is 574.235.9983.

Just my opinion: If the car is indeed one of the documented 151 factory stick/overdrive cars, I'd bid at least 10% more than if it was a garden-variety Automatic Drive. BP

I beieve that Andy and others from the SNM are on their way to Gettysburg.

Jeb
07-13-2011, 06:19 PM
It will take me a day to find a scanner to scan in the photos I have. I'll call Mr. Beckman and see if he can help me. I am amazed at the information and expertise available through this club and this forum. There's just too much to absorb. I feel like I did when I learned to cast a fly, overwhelmed with info, aspects, and opinions.

Jeb

BobPalma
07-13-2011, 06:32 PM
Jeb, I read your post too fast and assumed it was on e-bay.

I see it is not, so it would be good to post some pics if you can, and offer an opinion as to how long you'll have to bid on it before they drop the hammer. BP

Jeb
07-13-2011, 06:52 PM
An older gentleman from a desert climate is selling the car. The ad was only up a couple of days. After I called and expressed interest the ad was taken down. We aren't in internet contact so he had to mail me real photos. I suppose the car is for sale until someone snaps it up. The pics from JDP set the bar pretty high for speedsters though. Jeb

sals54
07-14-2011, 12:32 AM
Jeb,
I gotta tell ya, that unless the car you're looking at is significantly better than the one JP is selling, I would reconsider. JPs car has been a frame off restoration. If its selling in the 30K range, consider this:
First, find a Speedster that needs restoration = 8K
Bodywork/Rust repair = 3K
Paint = 10K
Interior = 5K
Engine = 4K
Trans = 1K
Suspension = 2K
Chrome = 5K
Dash = 2K
Brakes = 1K
Glass = 1K
Ornamentation = 2K
Misc Speedster only hard to find parts = 2K
Wiring = 1K
This does not include installation of any of the above. Look at the meticulous installation of all of the above on JPs car. That goes for $100 per hour shop rates, or do it yourself. And don't scratch anything during the assembly or oops, back to the paint shop. Please correct me if I'm wrong, but it looks like a 200 - 300 hour restoration.
Just food for thought. Spend wisely on a car like this.
Good luck.

Jeb
07-15-2011, 12:23 AM
Jeb,
I gotta tell ya, that unless the car you're looking at is significantly better than the one JP is selling, I would reconsider. JPs car has been a frame off restoration. If its selling in the 30K range, consider this:
First, find a Speedster that needs restoration = 8K
Bodywork/Rust repair = 3K
Paint = 10K
Interior = 5K
Engine = 4K
Trans = 1K
Suspension = 2K
Chrome = 5K
Dash = 2K
Brakes = 1K
Glass = 1K
Ornamentation = 2K
Misc Speedster only hard to find parts = 2K
Wiring = 1K
This does not include installation of any of the above. Look at the meticulous installation of all of the above on JPs car. That goes for $100 per hour shop rates, or do it yourself. And don't scratch anything during the assembly or oops, back to the paint shop. Please correct me if I'm wrong, but it looks like a 200 - 300 hour restoration.
Just food for thought. Spend wisely on a car like this.
Good luck.

I hear you loud and clear. The problem I run into (many others too, I
presume) is beauties like JPs car go for just more than I can afford. As I
look for a Stude I keep upping my spending limit and each time I see
something like JPs speedster I end up a little short. Maybe my sights are
just set too high. I know I'll bid on the car if it's on ebay or, if
possible, offer as much as I have but a car like that from someone with JPs
reputation will probably go for top dollar. I'll definitely be in the
running though. It'll be exciting trying to obtain the speedster. In my
situation, purchasing from the middle of Alaska, bidding on a car with
minimal Stude knowledge is scary. At least with JPs car I can bid
unfettered of fears of getting burned. From what I've read in this forum,
most club members are straight up about the condition of the vehicles they
are selling. This is my impression anyway.

Jeb

sals54
07-15-2011, 12:11 PM
Jeb, In this market, you just might have a better chance than you have before. Good Luck.

JDP
07-15-2011, 12:26 PM
Jeb, In this market, you just might have a better chance than you have before. Good Luck.

The good news on Jeff's Speedster is the reserve will be way under the 55K a lessor Speedster recently sold for, the bad news it will be above 30K, but by a much smaller margin. In any event, still way under building a car to that level.

Jeb
07-15-2011, 04:04 PM
It's a beautiful machine. It will be worth every dollar paid for it. I'm going to try to talk the wife into letting me increase our budget above 30K so I can make a bid for fun. At least I'll pump the price up near the reserve to get things going. I've found someone with a flatbed scanner so tomorrow I'll be able to post photos of the speedster I've been asking questions about. After this though I think I'll cool my jets and reset our sights on a car we can truly afford. I showed that '58 Packard hawk on ebay to my wife and son. They thought it was cool, but boy, it looks like it needs more work that we could ever afford. It would be nice to drive around for a while though.

Johnnywiffer
07-15-2011, 05:42 PM
... BTW, AC was not a option in 55 on a hardtop to the best of my knowledge.http://www.stude.com/Jeff/I always hesitate to dispute the word of a pro on Studebaker subjects, especially JP, but I once owned a '55 Prez HT that had the factory AC removed. It had the holes in the rear package tray covered up with a new piece of cardboard, but all 4 (2 inlet, 2 outlet) were definitely there in the metal part along with a rear seat speaker.

It also had extra holes drilled in the bottom of the dash where the controls might have been. Dunno why anyone would go to all the trouble to remove it but it was gone. This car also had an 8v battery and gen/reg set up for 8 volts, possibly to help with the extra load of the AC. (Blew lotsa bulbs with that set-up!)

I know the brochure specifies sedans only, but knowing Studebaker and their dealers, I think anything could have happened.;)

John

JDP
07-16-2011, 10:27 PM
I always hesitate to dispute the word of a pro on Studebaker subjects, especially JP, but I once owned a '55 Prez HT that had the factory AC removed. It had the holes in the rear package tray covered up with a new piece of cardboard, but all 4 (2 inlet, 2 outlet) were definitely there in the metal part along with a rear seat speaker.

It also had extra holes drilled in the bottom of the dash where the controls might have been. Dunno why anyone would go to all the trouble to remove it but it was gone. This car also had an 8v battery and gen/reg set up for 8 volts, possibly to help with the extra load of the AC. (Blew lotsa bulbs with that set-up!)

I know the brochure specifies sedans only, but knowing Studebaker and their dealers, I think anything could have happened.;)

John


I don't dispute that some were installed later, but I've never heard of it being a factory option. i.e., I see no reason why you could not fit a sedan compressor on the rest of a 56 Hawk unit and make it work as long as it would clear the hood.

Jeb
07-19-2011, 05:33 PM
1020010199101981019710196I just got back from the Alakska Range. The bugs were ferocious. My buddy scanned the photos of the speedster for me. Let me know what you think. Jeb.

BobPalma
07-19-2011, 08:14 PM
'Looks like a nice car! Comments on a brief peek:

1. Of course, you need to pull up the floor covering and look underneath it to make sure the car has structural integrity and isn't a good-looking car on top of a pile of pop-riveted, sheet-metal, rust repair panels.

2. What is the doo-hicky on the front of the air cleaner? Looks like a knob of some sort? ???

3. Is it a 12-volt conversion? The car was originally 6-volt, positive ground. 'Looks like a 12-volt battery in there...and I would disappoint everyone if I didn't note the missing battery hold down. <GGG>

4. Assuming it is a 12-volt, negative-ground conversion, does everything work as advertised?

5. 'Nice to see a large fuse holder in the power lead off the starter solenoid battery connection. Hopefully, that is to protect all the wiring downstream.

6. 'Sure is the right colors for a Speedster!

Nice car; 'hope you are able to put something together on it, Jeb. BP

JDP
07-19-2011, 08:51 PM
Minor nit picking of what looks like a very nice car. With a 12 volt conversion with a alternator, do all the gages, wipers, radio, heater etc work correctly ? It's missing the correct $350 trunk mat and the exhaust extensions, pretty normal. Lots of added electrical do-dads wired in and mounted under the hood. Without more and bigger pictures, I can't say much more.

BobPalma
07-19-2011, 08:54 PM
Minor nit picking of what looks like a very nice car. With a 12 volt conversion with a alternator, do all the gages, wipers, radio, heater etc work correctly ? It's missing the correct $350 trunk mat and the exhaust extensions, pretty normal. Lots of added electrical do-dads wired in and mounted under the hood. Without more and bigger pictures, I can't say much more.

Alternator, John? That's a well-disguised alternator. BP

JDP
07-19-2011, 09:10 PM
Alternator, John? That's a well-disguised alternator. BP




Small picture, and a shiny front on a black generator got me, sure enough.