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Value of a 67 vert.... Help

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Old 12-30-2014, 11:36 PM
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Kenchlo
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Default Value of a 67 vert.... Help

Any chance I cn get an honest opinion on the value of my 67?
Ideally Id like to trade for a nice NOM midyear coupe...

What I know...

Options:
Headrest
Side echaust
4-Spd
Hardtop
L-71

Have original engine and tank sticker still attached to the tank.

Work done:

Rebuilt engine to stock specs.
Correct paint color.

Parts:

Tons of GM NOS parts.. complete interior... all trim, etc...

Need:

to be obviously put back together and hardtop redone.














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Old 12-31-2014, 12:28 AM
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sbaba
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That is my favorite of all Corvettes. The value really depends on what level of restoration you bring it to: what is the condition of the body, frame, bird cage. It has nice options like head rests, side exhaust and most importantly the L71. Your documentation is obviously a big deal.

That car fully restored to a high level could bring well over $200K.
Right now, it looks like a major project.
Are you selling it as is, in pieces or are you planning to restore it?
Kind of tough to value without knowing these things.

Is Sunfire Yellow the correct color?

In any condition, you won't have a problem selling that car.
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Old 12-31-2014, 12:56 AM
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MrTrim
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Wow! IMHO if the documentation supports the options and the engine is really the one the car was Born with...I'd say at a minimum you car is worth north of 60K as is or you could trade for a nice "original" motored mid year coupe. I'd hold out for what your really want and take nothing less.
Remember, you asked,
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Old 12-31-2014, 01:27 AM
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Kenchlo
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Originally Posted by sbaba
That is my favorite of all Corvettes. The value really depends on what level of restoration you bring it to: what is the condition of the body, frame, bird cage. It has nice options like head rests, side exhaust and most importantly the L71. Your documentation is obviously a big deal.

That car fully restored to a high level could bring well over $200K.
Right now, it looks like a major project.
Are you selling it as is, in pieces or are you planning to restore it?
Kind of tough to value without knowing these things.

Is Sunfire Yellow the correct color?

In any condition, you won't have a problem selling that car.

YES


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Old 12-31-2014, 07:03 AM
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rfn026
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We can always work backwards.

Hagerty puts a Top Flight / Duntov / Bloomington Gold car at $287,000. Restoration costs will be in the neighborhood of $200,000.

A driver is worth roughly $110,000. So that makes this car worth less than $100,000.

I'm going to say that $60,000 is not unreasonable. It could even bring $80,000 as it sits.

Richard Newton
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Old 12-31-2014, 07:17 AM
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Revfan
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I am sure you could find somebody to trade you straight up for a NOM midyear driver.

But the smart money would be on restoring that rare beast...
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Old 12-31-2014, 07:33 AM
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The money here is in the stamp pad and tank sticker. When the motor was rebuilt did the machine shop touch the pad???
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Old 12-31-2014, 07:40 AM
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When it comes to 435 convertibles with REAL documentation, born-with engine block and tags, you are deaing with an exceedingly rare car. Finding a restorable project with these credentials is the proverbial needle in a haystack. If this car checks all those boxes, there will be strong competiton among buyers at the $80-100K range.

There are a lot of "experts" but only a few who have real experience hunting and successfully buying/restoring high-caliber 435 cars.
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Old 12-31-2014, 08:13 AM
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You better have a very compelling reason to restore a car today. Revfan may be correct but the restoration experience is one you may not want to have.

First you have to find a shop that has experience. A lot of experience. One that has played in the big leagues.

Next you're probably going to have to get a home equity loan to pay the bills for the next couple of years. This shop is going to send you some seriously large bills every month the car is in their shop.

Then a couple of years from now you put the car on the block at the RM auction and hope. Right now it looks as if you could recover your costs. In 2 or 3 years who knows?

If you sell it right now you can just put the money in the bank and move on.

Everyone takes a restoration project too lightly - especially those folks who haven't done one.

Richard Newton
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Old 12-31-2014, 08:17 AM
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Originally Posted by rfn026
You better have a very compelling reason to restore a car today. Revfan may be correct but the restoration experience is one you may not want to have.

First you have to find a shop that has experience. A lot of experience. One that has played in the big leagues.

Next you're probably going to have to get a home equity loan to pay the bills for the next couple of years. This shop is going to send you some seriously large bills every month the car is in their shop.

Then a couple of years from now you put the car on the block at the RM auction and hope. Right now it looks as if you could recover your costs. In 2 or 3 years who knows?

If you sell it right now you can just put the money in the bank and move on.

Everyone takes a restoration project too lightly - especially those folks who haven't done one.

Richard Newton
Couldn't have said it any better
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Old 12-31-2014, 08:33 AM
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[QUOTE=rfn026;1588604529]You better have a very compelling reason to restore a car today. Revfan may be correct but the restoration experience is one you may not want to have.

First you have to find a shop that has experience. A lot of experience. One that has played in the big leagues.

Next you're probably going to have to get a home equity loan to pay the bills for the next couple of years. This shop is going to send you some seriously large bills every month the car is in their shop.

Then a couple of years from now you put the car on the block at the RM auction and hope. Right now it looks as if you could recover your costs. In 2 or 3 years who knows?

If you sell it right now you can just put the money in the bank and move on.

Everyone takes a restoration project too lightly - especially those folks who haven't done one.

Richard Newton[/QUOTE
Why do you have to pay a shop to restore a car???? While most at home restos get worked farmed out. There is no reason to pay someone more then the car is worth to have it restored
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Old 12-31-2014, 08:47 AM
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Kenchlo
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Stamp pad is fine, was not touched during the rebuild...

I totally agree about the restoration comments. I know I will never have the means to give this 67 the restoration it deserves.

I'm was thinking it was within the 60-80k range, more toward the 80 due to the rebuild and excess NOS parts...

Thanks for the help!
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Old 12-31-2014, 09:00 AM
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65hihp
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Your presentation is not the best.
I agree on your 70K
please pm me so we can finalize the deal.
thanks




all the rest of you slugs can suck an egg. He wrote me, and I sent the check. Transport is arranged for Monday.
bam!!

Last edited by 65hihp; 12-31-2014 at 11:06 AM.
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Old 12-31-2014, 09:12 AM
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Originally Posted by Kenchlo
Stamp pad is fine, was not touched during the rebuild...

I totally agree about the restoration comments. I know I will never have the means to give this 67 the restoration it deserves.

I'm was thinking it was within the 60-80k range, more toward the 80 due to the rebuild and excess NOS parts...

Thanks for the help!
I sent you a email a while ago did you get it?
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Old 12-31-2014, 09:15 AM
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Nowhere Man
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So the line has already started. The hobby is alive and well
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Old 12-31-2014, 09:28 AM
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I'm sure he has received so many messages that he can't even filter through them. I sent him one as well because I would really like to take a chance on this car.
Offering to trade a 435hp convertible for an unspecified year NOM C2 driver is like hanging half a dead cow in front of a pride of hungry lions.
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Old 12-31-2014, 09:31 AM
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Originally Posted by 65hihp
Your presentation is not the best.
I agree on your 70K
please pm me so we can finalize the deal.
thanks
Who put you first in line?
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Old 12-31-2014, 09:35 AM
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fish hook?
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Old 12-31-2014, 09:46 AM
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66TexVette
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Good luck, Kenchlo.
I hope you (& the lucky forum member who may get your car) get what you want.

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Old 12-31-2014, 09:55 AM
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dkleather
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Sell it as is for the 60-80k and buy a nice NOM for 40 or so. Leaves you with LOTS of gas money for having fun!
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