It’s time to check your 401k balance again, this one will take a good chunk of it. This is a 1958 Facel Vega and it’s in Brunswick, Georgia and is listed on eBay with a Buy It Now price of only $80,000 of make an offer. That may seem like a lot, and it is, but restored examples regularly sell for between $200,000 and $300,000+, so there’s some room there for a full restoration without being upside down on this French beauty.
That’s a good looking rear end, in my opinion; not to be weird or anything. We recently showed a $50,000 Bargain, and this one is another potential bargain, especially if you can Rick Harrison that price down a bit (who ever thought that his name would become a verb?!) This is one imposing, beautiful design, in my opinion. The Facel Vega was first shown in Paris in 1954 and by 1956 they were known as the Facel Vega FVS, “S” for sport. The company made a drop-dead gorgeous four-door sedan called the Facel Vega Excellence and if I ever win the Powerball there will be one in my 100-car garage. Facel Vega built fewer than 400 of these cars so they’re a rare sight today. This car is the 229th one built and it was the 7th one delivered to the famous NYC dealer, Hoffman Motors. Only 85 Facel Vega FVS cars were made in 1958.
This car has been in storage since 1977 and it has 56,000 original miles on it. It was originally a silver car, and with a red interior it’s hard to beat that combo. Although, a red interior goes with just about anything in my opinion. It looks like there’s a lot of rust lurking underneath the white paint on this car, “but the floors, sills, rockers, frame, etc, appear to be in good condition”, according to the seller. The underside shows a lot of surface rust, but this car deserves a full, frame-off, nut-and-bolt restoration so you’ll be redoing the frame anyway. You’ll be spending at least what you paid for the car on the restoration, or more, and if you don’t cut corners you should have a winner on your hands, not to mention a good investment. You can pay back your 401k with interest.
A weekend of detailing and.. well, it looks like the interior needs a full restoration, too. But, once the restoration is done, viola! These were uber-luxurious cars, especially for the mid-1950s. The infamous French car makers such as Delahaye, Avions Voisin, and Bugatti set the stage for the Facel Vega. Hollywood stars owned these cars, and if you need further proof that they were considered the ultimate in cool, Dean Martin even had one. The quilted, padded headliner, rear seats, and the intricate dash and gauges looks great, or they will once they’re restored. The trunk will hold your golf clubs or a set of custom made fitted luggage.
Facel Vega used several engines in their cars, mostly American V8s from Chrysler Corporation. They ranged in power from a DeSoto Firedome 276 V8 with 172 hp all the way up to a Chrysler 300 sourced Hemi 392 V8 with 354 hp! This looks like the later to me, I can see a Chrysler 300 badge on the air cleaner; score! What an engine, this thing will be a work of art once it’s restored. This is an amazing car, a post-lottery-win car for a lot of people. I would rather have this than a new Lamborghini or Ferrari, but I guess I’m weird. What do you think about the Facel Vega, and about this car in particular? If you could work the numbers I think this could be a good investment, but plan on spending probably $100,000, or more, on the restoration. You may be able to find one for somewhere in the low-$200,000 range so would it be a good buy? Have you ever seen one of these in person?