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  • Fair Offer

    Could you guys give me a range for a fair offer on a '58 Packard Hawk w/ 35,000 miles? It has a small blemish on the hood, master cylinder problems, and a damaged ignition switch. There's a small amount of rust at the bottom of the driver side door. It's sitting on the original rubber. I can't get any more information at this time so I figure I need a range from worst to best. Wish me luck.

  • #2
    Value depends mainly on cond. of body and presence of Pack Hawk specific parts in good cond. My guess(not offer!) is mid teens, but the market for builders in not what it was a few years ago. Rust issues and missing components will greatly diminish value & saleability. Here is a really nice, complete, 50K mi, solid example which is mostly original, with newer decent, but not show, paint w/no pits, damage, blisters, bubbles, etc.; great chrome, solid lower body, new WWW radials, and new Phantom interior, closing tonite on ebay: http://cgi.ebay.com/ebaymotors/ws/eB...e=STRK:MESE:IT
    It will probably close in the low to mid 30's in this market, but nice Pack Hawks seldom appear, so could go higher, considering that fully restored examples bring more than twice as much.
    Barry'd in Studes

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    • #3
      Go for it. The '58 PH standard shift is one of the few S-Ps still on my bucket list.

      As you well know, the Packard Hawk is one of the rarest and most unique of all Studes, so it's not like you can go down the street and comparison shop.

      Condition is everything on these, because there are so many one-year-only parts, as well as the most expensive of all Stude interiors to restore.

      The little problems you mention are likely to be the least of your worries. Long experience says if there is a small amount of rust at the bottom of the driver side door, the floors and the front fenders at the door seam are in worse condition.

      Having said that, a complete, low miles car is the ideal restoration candidate.

      Having said that, the cost of a quality professional restoration usually exceeds the current value of a good older restoration.

      Wish me luck.
      Oscar Wilde said. "When the gods wish to punish us they answer our prayers." Your results may vary.


      jack vines
      PackardV8

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      • #4
        Jack,
        I did not notice that Jeb had found a Std shift K9Hawk, but I have a pretty solid & complete builder car which, like Ann's recent acquisition, is one of the 2 dozen originally sold w/OD.
        Barry'd in Studes

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        • #5
          This rig is of the "survivor" category. Everything is original from the dealership. I'm not even sure if I can pry this car from its current owner. It's an "I'm going to fix the ignition and brakes someday" situation. If someone doesn't get to purchase the car it will probably rot where it sits. I think it's in excellent condition if the engine is functional.

          Jeb

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          • #6
            If the engine is running and the interior is still in excellent condition (unlikely) then I would say mid-teens. If neither of these are the case, I think that $10K would be a stretch. As others have stated, it takes more to bring one of these back than they are worth when finished.
            Gary L.
            Wappinger, NY

            SDC member since 1968
            Studebaker enthusiast much longer

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            • #7
              $1500....and I bet by the date on those eBay pics-the owner wish he'd sold it then....or wished he didn't buy it....
              Last edited by jackb; 07-01-2012, 02:53 PM.

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              • #8
                pics required ! !

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                • #9
                  I'll get some pictures and post them in a couple of days. Thanks for the help.

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                  • #10
                    $1500. would not buy the engine, Jack. Owner did not intend to sell, he kept it & enjoyed it until he passed away.
                    Regardless of the date stamp, I took the pics last month.
                    Barry'd in Studes

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                    • #11
                      Originally posted by aarrggh View Post
                      pics required ! !
                      http://cgi.ebay.com/ebaymotors/ws/eB...e=STRK:MESE:IT

                      www.studebakersite.com
                      Barry'd in Studes

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                      • #12
                        Originally posted by Jeb View Post
                        This rig is of the "survivor" category. Everything is original from the dealership. I'm not even sure if I can pry this car from its current owner. It's an "I'm going to fix the ignition and brakes someday" situation. If someone doesn't get to purchase the car it will probably rot where it sits. I think it's in excellent condition if the engine is functional.

                        Jeb
                        If you really want this car and the owner refuses to sell it now, it might make good relations (between the two of you) if you would offer to help him repair a few items in order to make it a driver again. I'm sure he would appreciate it and may consider selling to you at a later date.
                        sigpic
                        In the middle of MinneSTUDEa.

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                        • #13
                          Originally posted by Jeb View Post
                          This rig is of the "survivor" category. Everything is original from the dealership. I'm not even sure if I can pry this car from its current owner. It's an "I'm going to fix the ignition and brakes someday" situation. If someone doesn't get to purchase the car it will probably rot where it sits. I think it's in excellent condition if the engine is functional.

                          Jeb
                          If it is not for sale, why are you looking at it, or a better question would be why are they letting you look at it?

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                          • #14
                            I would say on the "what's it worh". I would look at it two ways. Is it a investment? Is it something I really want? If it's an investment, you might consider what the gang here thinks. If it's a bucket list item, then it all depends on what you can afford, and your personal "wow" factor for it. I paid twice what most people would have for my 53. It is a bucket list item for me, and I don't care what it's worth to someone else.

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                            • #15
                              I try to eliminate the word "fair" from my vocabulary as much as possible. It is an obscene four letter word, too often, the subjective concept of "fair" requires someone else to be punished or mistreated in its judgement and application. I know that in today's world...this seems kinda corny, but the best policy ever given on the subject is "do unto others as you would have them do unto you."

                              In that manner, "fair" usually results without being forced.

                              As to the value of the car, it is a negotiation between you and the owner. Years ago, I recall a "comer & goer" member of our club. (Comer and goer is someone who stumbles into our membership with unrealistic expectations, gets discouraged, and leaves when things don't go their way) He confided to me that his feelings were very hurt when he overheard another person talk about turning down purchasing his car from the previous owner. Turns out that the person refused to buy the car when it was offered at a price way below what the current owner ended up paying for it. My response was that if he was happy to buy the car, had the money, and as mature responsible adults...everybody should be happy with the deal.

                              When I buy a car, I try not to discuss details of "the deal" too much with my friends. When I do brag about my "good deal skills" I usually have "braggers remorse" because in the back of my mind I am thinking that I might have to attempt to sell that item to the very guy I just told how cheap it was. How many of you really know how much the merchant paid for what you are buying every day?

                              If you and the current owner come to an agreement...grab it and don't look back!
                              John Clary
                              Greer, SC

                              SDC member since 1975

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