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Q: Rolls Royce Pricing ( No Answer,   3 Comments )
Question  
Subject: Rolls Royce Pricing
Category: Sports and Recreation > Automotive
Asked by: tgranard-ga
List Price: $5.00
Posted: 19 Nov 2005 16:36 PST
Expires: 19 Dec 2005 16:36 PST
Question ID: 595278
What is a 1968 Rolls Royce, Silver Shaddow, all original parts, runs
in fair condition worth?

Clarification of Question by tgranard-ga on 13 Dec 2005 13:15 PST
1968 Silver Shaddow Rolls Royce, drives well, all original parts, body
needs paint, interior needs carpet, burl wood needs refinish,leather
seats ok with one tear. Right side drive, engine overhaul completed by
a RR independant mechanic. Would a list price of $10,000 sell? I have
seen worse on ebay selling for $15,000. Do those really sell at that
price?
Answer  
There is no answer at this time.

Comments  
Subject: Re: Rolls Royce Pricing
From: markvmd-ga on 19 Nov 2005 19:29 PST
 
The standard Saloon car, or one of the rarer Mulliner Park Ward or De
Havillands? Left or right hand drive? Mileage? "Runs" is not a very
good description-- when I got my MG it would "run" but had scrap metal
for a gearbox.

More info will make it easier for an Answerer to respond. Me, I can
tell you a junker would be 4 grand, so running would be 7. 5 to 10
thousand on the low end, 20 to 50 mint depending on the body (the
Saloon is cheaper). In the US and most of Europe, right hand drive is
a biiiiig markdown.
Subject: Re: Rolls Royce Pricing
From: markvmd-ga on 13 Dec 2005 13:51 PST
 
You have to understand the complexities of pricing such a vehicle.
While you may have seen "1968 Rolls Royce" cars selling for more (or
less) elsewhere, without knowing details of the other sales it is
impossible to determine why they sold for more or less. After all, I
did say it was 7500 to ten thousand on the low end.

Looking for prices on eBay is misleading. Ebay is, essentially, a
perfect market. Items sell for exactly what people are willing to pay
for them-- not less, and generally not much more. Thus a price from
eBay is, in general, nearer the high end of valuation. Additionally,
you must be sure you are seeing similar vehicles actually selling for
the stated price, not just listed. Searching completed auctions is a
better indicator of price. You will notice there is a current auction
of a '68 RR SS Mulliner Coupe priced right where my numbers predict it
should be.

It is sort of like saying "I have a one carat diamond. How much is it
worth?" and then wondering why other diamonds of exactly the same
weight sell for a different price. There are levels of quality,
rarity, condition, etc, that need to be taken into consideration. RHD
is a markdown in your case unless you are in a country that uses that.
A recent RR overhaul is a plus.

Would a list price of 10K sell? It might. It may take a day or a week
or a month. A price of 20K might sell as well, but would likely take
more time, if it would sell at all. It also depends on where you
advertise the thing. The Cleveland Plain Dealer and the Wichita Times
are nice newspapers to try to sell a Rolls with, but the NY Times and
Washington Post would tend to get the type of folks who are looking
for such a car and have the means to procure it. Even the time of year
may affect what you'll get for this car.

I'm sorry this doesn't make it any clearer what you should sell for.
That, of course, is up to you. You can always lower the price you
advertise... but you can't raise it once it's gone!
Subject: Re: Rolls Royce Pricing
From: johndog1957-ga on 07 Jan 2006 22:50 PST
 
This comment may be a little out of date for you...  I am afraid that
a 1968 Silver Shadow in the condition you describe is usually a parts
car.  It needs restoration and the costs will exceed $60,000...  When
you are done spending $60-$100K, you will have a car worth $25K.  The
Silver Shadow line was beautiful and handmade, but poorly engineered
to begin with and they did not really get the kinks out until 1988. 
As you already know, it is VERY expensive to maintain, so it is not
practical to have in its current condition as a driver.  If the brakes
need work, too, it is not safe either.  You will have trouble selling
this to anyone for more than its scrap value.  The good news is that
it has a high scrap value.  Check out Tony Handler on the web; his
company buys Rolls Royces for parts, and the overhauled engine may be
of particular interest.

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