1970 GT Convertible...just not sure
Printed From: The Ford Torino Page
Category: Model Specific Forum
Forum Name: 1970-1971 Ford and Mercury
Forum Description: Technical discussion for 1970-1971 Ford and Mercury
URL: https://forum.grantorinosport.org/forum_posts.asp?TID=8257
Printed Date: 26-March-2026 at 1:10PM
Software Version: Web Wiz Forums 12.06 - https://www.webwizforums.com
Topic: 1970 GT Convertible...just not sure
Posted By: RobertTn
Subject: 1970 GT Convertible...just not sure
Date Posted: 10-December-2012 at 7:27AM
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Again thank you for allowing me to join this forum. I posted alittle about me and my car in the Welcome Mat and a few of you wanted to see pictures. I wasn't exactly sure where to post so I hope this is ok. As I said I recently acquired a 1970 Torino GT Convertible with a 351c. I think I have a nice car here. It seems to be numbers matching and has had only one owner. It has also been barn kept and has very little rust. Mainly surface rust on the hood. The worst of the rust is a small area at the bottom of the driver's door. The floors seem to be fine. It has 94,000 original miles. What I like about this car is that it seems to be all original, it's all there and it runs but not exactly road ready. I don't think there is anything missing off of this car.
I'm just not sure. I'm not sure what this car is worth in it's present condition. I'm not sure what it would be worth restored or what restoration costs would be. In fact I'm, not even sure if I'm going to keep this car or sell it. I'm hoping you guys can help me convince my wife to let me restore it or if it would be best, to sell this car to someone who is an expert and can really appreciate what I have. Looking forward to your comments, please don't sugar coat it!
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Replies:
Posted By: HOSSENPHEPHER
Date Posted: 10-December-2012 at 7:33AM
I see no pictures!!!!!  ------------- Robert; Memphis(ish), TN Occupation: I count stuff, but not well Future owner of a 1972 Ford Gran Torino Sport - "No name" |
Posted By: RobertTn
Date Posted: 10-December-2012 at 7:41AM
| Reporting with pics in a few! Still trying to figure the forum out! |
Posted By: RobertTn
Date Posted: 10-December-2012 at 8:36AM
| http://m1102.photobucket.com/albumview/albums/Kelly_North/Mobile%20Uploads/IMG_8622.jpg.html |
Posted By: HOSSENPHEPHER
Date Posted: 10-December-2012 at 9:10AM
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That is a beautiful car. I found one a few months ago online, but the roof had gashes in it and he wanted too much for it. Unfortunately, I know nothing about the 70-71s except that they look super cool. I'm more or less a lurker who is here to learn. One of the other guys can tell you all there is to know about this. I assume you haven't bought it yet? ------------- Robert; Memphis(ish), TN Occupation: I count stuff, but not well Future owner of a 1972 Ford Gran Torino Sport - "No name" |
Posted By: RobertTn
Date Posted: 10-December-2012 at 11:24AM
| Thanks, yeah I do have the car, trying to decide if to keep and restore or sale it like is. I'm glad you like it. |
Posted By: Regul8r
Date Posted: 10-December-2012 at 4:48PM
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How to post a picture... VERY simple... http://forum.grantorinosport.org/how-to-post-a-picture_topic3712&FID=27&PR=3.html" rel="nofollow - http://forum.grantorinosport.org/how-to-post-a-picture_topic3712&FID=27&PR=3.html ------------- Carl Corey (Moderator/Event Coordinator) Contact ANYTIME! 1976 Ford Elite "Lola Mae" 97 Suzuki Intruder 1400 US Army Retired |
Posted By: 73GTS
Date Posted: 23-December-2012 at 2:48PM
Sell it to me. I love 70's. It could be a mate to my 70 vert.  ------------- Jim |
RobertTn wrote:Posted By: RobertTn
Date Posted: 24-December-2012 at 8:54AM
| I wouldn't even know what to ask for it, I'm hoping you guys can tell me. |
Posted By: 73GTS
Date Posted: 24-December-2012 at 10:47AM
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The market is really soft right now for a car in need of total restoration. Since you just bought it, are you looking to break even or make a little on it? ------------- Jim |
Posted By: RobertTn
Date Posted: 24-December-2012 at 11:04AM
| I'm not sure yet, it just depends on what its worth. If I'm gonna just break even I would keep it and maybe try to restore. If I could sale it now and make a few hundred, I might would sale it. Just depends on what it would bring now. |
Posted By: Regul8r
Date Posted: 24-December-2012 at 11:24AM
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If it is as rust free as you say it is underneath then it is worth a little. It isn't anything special as far as desired CJ or 500 and other 70/71 treasures. being the 'vert it would make someone a nice ride with a little work. As for what it's worth... that is in the eye of the beholder. Under $500 not running, complete or not complete with rust/rot and other issues. Under $1000 not running but complete with rust issues or even motor missing but in relatively Rust/Rot Free condition Say $1000-$2K Almost any hotrod complete and rust free COULD be considered Well Bought and Well Sold... AS IS (ONLY because it is a 'vert and Rot FREE) Say $2-$3K it NEEDS to be at least driveable, meaning it starts, runs, and drives with decent tires or some cool Wheels(good investment to make ANY car look worth more $$. That would tell a buyer it needs the normal 40 yr old car things gone through to make it ROADable, but they heard it run, saw it move under it's power and tranny also at least stop with the brakes. $3k-$5k would need to be ROADABLE now, possibly currently registered. Over $5k would have to be registered(on the road), Clean, Top in decent shape and working, good brakes, and other major systems. That is MY Opinion on MOST old hotrods or cars with potential. That does NOT apply to SPECIALTY cars... Shelby Mustangs, the Hemi's, the Super Cobra Jet Torinos/Cyclones etc... Specialty cars bring WAY different money than a "regular" car. With yours being pretty much rust/rot free and nothing "special" other than being a 'vert... those numbers work. From the few pics you posted... $1000-$2k being that it is rot free. I just turned down a fully complete 72 Formal Gran Torino 351C/C4 with A/C because it was Rusted, not running, no clean outer panels, and on flat tires... it was just an old cool car that had lived a rough life. Worth it to pick it up and hold it for possible misc parts in the future and MAYBE the engine will run? But not worth any money. Hopefully that break down above helps you put your car in a price range. ------------- Carl Corey (Moderator/Event Coordinator) Contact ANYTIME! 1976 Ford Elite "Lola Mae" 97 Suzuki Intruder 1400 US Army Retired |
Posted By: RobertTn
Date Posted: 24-December-2012 at 11:44AM
| Thanks so much for the info |
Posted By: pikeapn
Date Posted: 31-December-2012 at 6:09PM
^Thats very helpful info!
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Posted By: 73GTS
Date Posted: 01-January-2013 at 10:18AM
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I by no means claim to be an expert, but I have been involved in 1970 Torinos for 30 some years and it is extremely rare to find any Torino rust free. With that being said, not knowing anymore info on this car, I can only assume things here. Let's start with what I know. This car will cost way more to restore than what it is worth. Let's throw a value at it. $800-$1200. Then if it is an H code instead of an M code, that's less value. Bench seat, less value. Options or lack there of, less value. We have no idea how or if it runs/drives. And also if any parts are missing. "Rust free" cars when totally taken apart become rust repair vehicles. These cars are full of surprises. Trust me I've been there, so have my friends who bought "rust free" cars only to find out they had a ton of rot that was hidden. This is very costly to repair. A 43 year old car is not going to be rust free until it is fully restored. If it has been sitting in a barn for many years that takes its toll on a car something awful. It's not unreasonable for you to sell your car and make a couple hundred bucks on it. But if you over paid for it, it won't bring a return. I drove a long way to look at a convertible once that "just needed floor boards only". When I got there, the car was so rotted it wasn't even worth parts. It was broke in half and the torque boxes were literally gone. When the seller bought the car he over paid for what he thought was a restore-able car and tried to dump it when he found out he got screwed. Well that never happened because no one would pay him that much for a junk car. He still has it. Anyway, without knowing what you paid for this car and what you want to sell it for, I would have put its value at around $800. Just my thoughts. ------------- Jim |