Author Topic: Odometer reading 250k miles. Does it really matter on a resto?  (Read 3031 times)

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Offline 1973Formula

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How much does original mileage affect value on a car that has undergone a complete restoration?  In Texas most older cars regardless of mileage show actual mileage as "exempt" on the title.  You could set the odometer to 0 after a restoration and it would be perfectly legal based on the Texas title.  I realize that verifiable low mileage on a survivor car is important.  But should I pass on a restorable car because the mileage reads 250k?  Personally, it doesn't matter to me.  I am just curious what other think about this.

Thanks,

Offline RENOVATIONS

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Re: Odometer reading 250k miles. Does it really matter on a resto?
« Reply #1 on: June 29, 2008, 03:20:28 PM »
It wouldn't matter to me if the odometer has rolled over ;)
If you're planning to do a top to bottom restoration on a non-"survivor", the mileage would be irrelevant IMO.
Jeff

Projects:
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1978 Trans Am
1970 Camaro
1970 'Cuda
1987 Fiero GT
1982 Trans Am
1986 Corvette

Offline dgtldesigner

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Re: Odometer reading 250k miles. Does it really matter on a resto?
« Reply #2 on: June 29, 2008, 03:23:43 PM »
yeah my car says exempt on the title and it didn't really have a ridiculous amount of miles for her age.

I really have no idea, but I think if you're doing a full restoration it wouldn't matter too much legally if the odometer was at zero. it could of just rolled over anyways.
Steve


1981 Turbo Trans Am
1983 Trans Am

Offline 1973Formula

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Re: Odometer reading 250k miles. Does it really matter on a resto?
« Reply #3 on: June 29, 2008, 03:29:34 PM »
I set the odometer at zero on another complete rebuild just for maintenance purposes.  The vehicle was basically better than new after all the work we completed.  I am more concerned about whether you guys would pass on a restorable car just because of high mileage.  It doesn't sound like it makes much difference.

Later-

Offline RENOVATIONS

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Re: Odometer reading 250k miles. Does it really matter on a resto?
« Reply #4 on: June 29, 2008, 08:56:28 PM »
I am more concerned about whether you guys would pass on a restorable car just because of high mileage. 

High mileage...no engine..no tires...stripped shells, etc  :D :D :D
Not much stops me from buying a good project car  ;D
Jeff

Projects:
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1978 Trans Am
1970 Camaro
1970 'Cuda
1987 Fiero GT
1982 Trans Am
1986 Corvette

Offline dgtldesigner

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Re: Odometer reading 250k miles. Does it really matter on a resto?
« Reply #5 on: June 29, 2008, 09:03:42 PM »
not much??
you mean noothing! haha  ::)
Steve


1981 Turbo Trans Am
1983 Trans Am

Offline RENOVATIONS

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Re: Odometer reading 250k miles. Does it really matter on a resto?
« Reply #6 on: June 29, 2008, 09:07:04 PM »
 :-[

 :-X



 ;D :D :D :D
Jeff

Projects:
_____________
1978 Trans Am
1970 Camaro
1970 'Cuda
1987 Fiero GT
1982 Trans Am
1986 Corvette

Offline jphillips3333

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Re: Odometer reading 250k miles. Does it really matter on a resto?
« Reply #7 on: June 29, 2008, 09:13:07 PM »
I don't think mileage matters on a vehicle that has undergone a complete restoration - I see those advertised as "5K miles since complete restoration" ... depends on what complete means to you.
If you're buying an "original", untouched TA, I guess mileage matters against price.  
If you're buying a rarer vehicle, say an SE, how many are really left?  Mileage or not, I say buy relative to the costs to fix/make it what you want it to be.

Keep 'em alive.
John

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Offline N PRGRES

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Re: Odometer reading 250k miles. Does it really matter on a resto?
« Reply #8 on: June 30, 2008, 05:32:55 AM »
I have no idea how many miles my car has, it says expempt also.  I don't care on the miles, I plan to rebuild it anyway and with it being a 10th Anniv they are getting more rare as time goes on.
Dave
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1981 Trans Am - Refresh in progress

Offline bobg

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Re: Odometer reading 250k miles. Does it really matter on a resto?
« Reply #9 on: June 30, 2008, 08:50:38 AM »
I agree I don't feel mileage really matters in a complete restoration.If the car were an original untouched survivor, then it might matter. Other then that it wouldn't to me at all.
79  TATA 400 W72 4spd
79 gold 400 4spd w72 T top
74 superduty 455 4spd
70 Trans am Ram air 4speed