Detail Info for: Oldsmobile : Ninety-Eight 98 Package 1959 oldsmobile 98 convertible original 65 000 mile car

Transaction Info

Sold On:
09/25/2014
Price:
$ 35000.00
Condition:
Mileage:
65000
Location:
West Des Moines, Iowa, 50266
Seller Type:
Private Seller

Vehicle Specification

Year Make Model:
1959 Oldsmobile Ninety-Eight
Submodel Body Type:
Convertible
Engine:
394 cubic inches
Transmission:
Automatic, Hydramatic
VIN:
599M28260
Vehicle Title:
Clear
Drive Train:
Fuel Type:
Gasoline
Standard Equipment:
Optional Equipment:

Vehicle Detail

For Sale is an ORIGINAL CONDITION 1959 Oldsmobile 98 CONVERTIBLE. Only 7,514 of these were produced new and very few are left. This car is extremely rare because it is in original condition with 65,000 original miles. This car belonged to a gentleman who passed away over 25 years ago. His wife parked the car and did not drive it ever. It has been garaged it's entire life but sat for the last 24 plus years garaged and was not even started. The woman passed away recently and my father-in-law purchased the car non-running. The engine turned over by hand so we knew it would run. It was professionally brought back to life by putting all new belts and hoses on it. All of the fluids were flushed, the fuel tank was flushed and the brakes were all gone through. After starting it, we discovered it also needed a new fuel pump and filter so these were also changed. It also needed a new battery. The tires are from the 1980's and are in great shape, no dry rot because they were out of the sun. The car is an amazing time-machine. The interior is completely original and the only issue I saw was a small tear on the passenger side, side of the seat near where the seat folds forward. It is minor and an upholstery shop can easily repair it. You can see in the pictures that rest of the seats are in great shape as is the dash and carpet. The drivetrain is also original and UNRESTORED. The engine runs great and is very quiet. You can barely hear the car running while you sit in it with the top down. It is the 394 ci Rocket V8 (315 hp @ 4600 rpm, 435 lbs of torque). The transmission is an automatic Hydramatic which runs like new. It shifts perfectly and smoothly. This car features power steering, power windows, power brakes, power seat and a power top. Power top pump was just rebuilt. The body is 100% original and has only 1 small rust issue as pictured. The opposite side of the car is fine, which is strange. There are some dings in the car as pictured. The previous driver must have had some issues parking it but no major dings or damage. Has the original spare tire & jack. You can fit a small army in the trunk, gigantic. Similar original cars (non-restored) would bring $55-75,000 at auction. We believe this car to be in the range of $40,000-$50,000 as it sits. The current NADA book lists this car with an AVERAGE Retail of $62,260 due to the rarity of it. Add in the original condition and this adds substantial value for any collector or museum. This car runs and drives very smoothly. I would not drive it any long distance just for the fact that is hasn't been really driven on the open roads for over 25 years. Everything looks and sounds good on it but I would want to drive it around and test it out before taking it on any long road trips. You can have this car inspected by appointment.

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