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The question is worth? The answer is - what ever you think it's worth! Actually, a 1800ES with light rust and good interior could sell in the $3,000 - $5,000 range depending on the drivetrain. A car with moderate rust, hole(s) in the floor, body panel(s), or anywhere else would be in the $1,500 - $3,000 range. If the car has serious rust in more than two locations, then I would pay less than $1,500 for it.
The most important thing to remember is that in good daily driver condition the car will be worth somewhere in the $6,000 - $9,000 range. Try to gage the amount of work to be done and do reverse math. To end up with a $8,000 car, subtract the paint and body work $4,000, interior parts $1,500, and drivetrain work $1,500. The total of work to be done is around $7,000, so the most I would offer is $1,000. Of course the above figures are all high, but you need to look around in your area at what these things will cost. I have seen people put $20,000 into a restoration, but they will NEVER recover that much.
Bottom line, you would like to buy the car at a reasonable price, experience 1800 ownership and determine if you really want to keep one around. Pay what you consider a fair price, but a price you think you could resell it at, and have fun with your new toy.
Hope this has hepled some. Good luck
Oliver
64 122S
66 1800S
86 245 DL
96 850 GLT
Maybe a 1968 1800S with 65,000K original miles..........
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