Classic/Antique Car Repair: Value of my antique, oldsmobile cutlass supreme, oldsmobile cutlass


Question
Hi, I just have a couple questions regarding the antique vehicle that was given to me.  The car in question is a 1983 Oldsmobile Cutlass Supreme 2 door.  Other than a couple of dents, the body is in good shape as well as the paint.  It has almost 34,000 original mile on it.  The problems? 1.It has not heat, 2.It currently leaks antifreeze inside of the vehicle on the passenger floor mat, 3.the cloth roof/headliner is sagging down, 4.it failed inspection because of the muffler/exhaust system,5. the turn signals, front and back, don't work, and 6.the car smokes a little bit from the tail pipe when i turn it on.  And now, it won't turn on.  When I try to turn it on, it makes some type of "ticking" noise.  The radio and lights work, but the car won't turn on.The car belonged to my grandmother's sister who passed away in 2001 and left the car to my older cousin.  My aunt then bought (I heard $5,000) the car and gave it to me for my 24th birthday. I put antique tags on the vehicle only because it wont pass inspection and I'm still paying insurance on it even though it hasn't run for about 3 months.  I never wanted the car in the first place. With all these problems and the age (26) of the vehicle, is it worth the money to try and have it fixed?  How much do you think it would run me to have someone fixed these problems since i know nothing about cars?  If I fixed the car up, how much would it be worth?  Is it going to cost me more money to fix the car than what the car is actually worth?  Anything you have to offer will be greatly appreciated in my decision whether to fix it or junk it.

Thanks,
Chris

Answer
First of all a car with only 34,000 miles on it is still basically a new car and has a minimum of 100,000 miles left on it. Secondly the items that you have listed as defects are easy to take care of for short money. The heater problem sounds like a leaky heater core. The directional sounds like a blown fuse of a defective flasher. The no start sounds like a dead battery and the muffler and tail pipe is no biggie. A good trim shop can fix the headliner for a couple of hundred dollars and make it look like new. As far as value at the present it is just becoming an antique and is worth at least $1,000 or more depending on the buyer. You have to decide if it is worth fixing.
Brad