Car graveyard home to 70 years’ worth of classic vehicles – including 1940s Chevy that can sell for up to $150,000 | 6503BIK | 2024-05-02 12:08:01
Car graveyard home to 70 years' worth of classic vehicles – including 1940s Chevy that can sell for up to $150,000 | 6503BIK | 2024-05-02 12:08:01
CLASSIC car enthusiasts flock to a family-run salvage yard in the Midwest for a chance to buy an abandoned car for cheap.
Only to restore it into a car worth more than 3,000 times what they paid.
Martell's Salvage yard in Wishek, North Dakota, has been run by a single family for four generations, with cars, trucks, and tractors spanning over 70 years.
Sitting on over 100 acres, the yard claims to have thousands of vehicles available for restoration selling for only a few thousand dollars.
On the list of featured vehicles, a 1953 Chevy Wagon is featured, with the four-door configuration and the original six-cylinder motor and two-speed power glide transmission.
The yard is selling the vehicle without a title for $4,500 and it would make for an excellent restoration project for the right car lover.
Underneath the windows and paneled on the trunk was wood, making for a sleek and classy look – especially when paired with whitewall tires.
According to Hemmings, a 1953 Chevy Wagon, or 210 Handyman Station Wagon, recorded the highest sale at $20,475 in Roswell, Georgia.
There were 29 bids on the vehicle before it sold, and it had the original motor and transmission as the yard unit does.
With only 83,000 miles on the odometer and simple technology, the owner should be able to keep it running for a long time.
The original motor doesn't have a way to read how many miles it's driven, but a solid rebuild should help maintain the engine for many years.
A 1948 Chevrolet Fleetmaster is also up for grabs, though due to the lack of original motor and transmission or title, it's being sold for $3,400.
<!-- End of Brightcove Player --> Like the 210 Handyman, the Fleetmaster was fitted with wood paneling along the side doors, window frames, and across the rear door.
Some models even came as a convertible without the wood paneling.
The model for sale isn't a convertible, but restoring the vehicle to have glossy paint and wood paneling would increase its value substantially.
In perfect condition, Concept Carz stated that the value is between $52,800 to $154,000 – especially with the original motor and transmission.
The average sale for a Fleetmaster in perfect condition is around $129,800, with units in excellent condition selling for an average of $43,450.
The yard sits on 100 acres and has thousands of cars and trucks for sale[/caption]
If someone could restore the vehicle to perfect condition after only paying $3,400, that would be a percentage increase of over 3,000, not including the restoration costs.
Also on the featured list is what looks to be a 1948 GMC FC152 Pickup without the original motor or transmission for $3,500.
The Pickup came in a unique color pattern, usually coming in red and black.
The hood, roof, doors, and bed were red, and the wheel wells were black.
The highest sale value for the Pickup was $49,500, with the average sale being $26,463, according to Concept Carz.
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