Has to be at least 25-years since I've seen an Oldsmobile Omega. This '75 popped up on Marketplace the other day for sale east of Cleveland, Ohio and I had to take a closer look. Asking price is $4,750, knocked down from $8,000.
A problem with Marketplace is your original asking price is still in the ad when you reduce it. I recommend when people drop the price on whatever they're selling, they delete the ad and relist it. This way you don't look desperate. Unlike real estate listings, the original price won't be on the ad and people like me won't be like, "$8000 to $4,750? What's up with that? And if they go down to $4,750, how low will they go?"
The more I look at this thing, have to wonder how in the world they came upon that original asking price. Even the reduced asking price is pie-in-the-sky. NADA high retail is $3,750. This is an Oldsmobile Omega not a Cutlass.
This was bought brand new by the poster of the ad's late grandfather, so I get there's some sentimentality here. Perhaps they're blind to the issues it has or, seeing it's a fifty-years old car, they think this is more than just another old car.
Reality check. It's just another old car and one that's a "badge engineered" Chevrolet Nova with the standard Chevrolet sixer. Now, if this had the Oldsmobile 350, this would be a different story. Upside, at least it doesn't have the Olds 260 V-8.
What concerns me most, though, is the rust. And this just what we see. Hopefully, there are no issues underneath, but we are talking about a car that has apparently spent its whole life up here on the North Coast.
Oldsmobile introduced their version of the Chevrolet Nova for model year 1973. Different front- and rear-facias, bit nicer interior, optional Oldsmobile V-8's and, voila. "Omega". Otherwise, these were all Nova. Buick had a "Nova" as well starting in 1973, something they called "Apollo" they renamed "Skylark" from 1975 to 1979. Pontiac had a Nova starting in 1971, what they called "Ventura" that became known as the "Phoenix" from 1977 to 1979.
Even Big Daddy Cadillac had one. Well, technically. GM started with the Nova's foundation and built up their 1976-1979 Seville from there.
What's to become of this sentimental timepiece? Good question. The reduced asking price is steep for a six-cylinder car that has rust issues and has a shredded front seat. Good luck finding someone to fix the rust and hopefully it's just on the body. If the frame is soft anywhere then all bets are off. Poster of the ad says the engine was rebuilt, I'd have tossed it for a SBC Chevy but that's just me. I think this well bought the closer you can get it to two-grand, maybe twenty-five hundred. Seller may think you're a low baller, but they'll come around. Drop a cheapie crate engine in her, shorten the rear end and you've got a fun little runner. These things handle great and even with unboosted drums all around, stop well too.
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