C1 & C2 Corvettes General C1 Corvette & C2 Corvette Discussion, Technical Info, Performance Upgrades, Project Builds, Restorations

Possible purchase 1962 Corvette

Thread Tools
 
Search this Thread
 
Old 03-08-2024, 06:16 PM
  #1  
GlenT^
2nd Gear
Thread Starter
 
GlenT^'s Avatar
 
Member Since: Mar 2024
Location: Oregon
Posts: 2
Likes: 0
Received 0 Likes on 0 Posts
Default Possible purchase 1962 Corvette

I'm new to the Corvette Forum . I've been a "Gear Head for over 50 years. I ran across a 1962 Vette seemingly all original but a bit strange in some areas. Its a factory 3 Speed !!!! The motor is possibly a 250 HP 327 but not yet verified. The motor needs a complete rebuild but runs and smokes real badly, body is straight with a few cracks, paint (white) appears original. Soft top very old might be original and might go up, It has a rough condition hardtop hubcaps are like what we call "dog dish" it has power windows. Kind of an odd duck... Whats it worth???? .
Old 03-08-2024, 07:11 PM
  #2  
jforb
Pro
 
jforb's Avatar
 
Member Since: May 2023
Location: Sierra Vista, AZ
Posts: 658
Received 526 Likes on 206 Posts
Default

I paid 25k last year for one kind of similar condition, but disassembled, and missing a few parts. I thought I got a reasonable deal, but not a steal.

Old 03-08-2024, 07:24 PM
  #3  
dahogan
Enjoy while you can.
Support Corvetteforum!
 
dahogan's Avatar
 
Member Since: May 2008
Location: 10th District Court OHIO
Posts: 17,179
Received 2,703 Likes on 1,277 Posts
Ohio Events Coordinator
2023 C8 of the Year Finalist - Unmodified
2022 C2 of the Year Finalist - Unmodified
C2 of Year Finalist (stock) 2019
St. Jude Donor '14-'15-'16-'17-‘18-'19-'20-'21-'22-'23-'24


Default

Possible Pics?
Old 03-08-2024, 07:51 PM
  #4  
65hihp
Le Mans Master
 
65hihp's Avatar
 
Member Since: Mar 2009
Location: Cold Harbor, VA
Posts: 7,296
Received 3,290 Likes on 1,694 Posts

Default

what's the seller want for it?
Old 03-08-2024, 10:18 PM
  #5  
ruxvette
Race Director

Support Corvetteforum!
 
ruxvette's Avatar
 
Member Since: Mar 2010
Location: T-Town WA
Posts: 15,120
Received 3,652 Likes on 2,360 Posts
2016 C6 of Year Finalist

Default

A 250 HP 327, 3 speed, and soft top were standard. Take some pics...
The following users liked this post:
morly1963 (03-09-2024)
Old 03-08-2024, 11:35 PM
  #6  
Dan Hampton
Le Mans Master
 
Dan Hampton's Avatar
 
Member Since: Sep 2008
Location: Lake Minnetonka, Mn
Posts: 5,080
Received 1,748 Likes on 817 Posts
2018 C1 of Year Finalist

Default

The three-speed is easily replaceable with a 4-speed. That particular unit had an issue with the 2/3 synchronizer and it is next to impossible to find one new. Take that into account. No idea about the price. Pics would help.
Old 03-08-2024, 11:41 PM
  #7  
Rick Gower
Racer
 
Rick Gower's Avatar
 
Member Since: Jun 2007
Location: Concord California
Posts: 489
Received 190 Likes on 104 Posts

Default

As 65 hihp said, what does the seller want for it? I have found it good policy to not price other peoples cars or parts. Almost without exception, they have a price in mind. Start there. If they will not give you a price or it is not within the price range you have in mind, shake their hand, thank them and walk away. There are always exceptions to this but they normally don't apply to a base engine 3 speed car.
The following 2 users liked this post by Rick Gower:
jim lockwood (03-09-2024), silver837 (03-09-2024)
Old 03-09-2024, 10:18 AM
  #8  
Boyan
Drifting
 
Boyan's Avatar
 
Member Since: Jan 2010
Location: Woodland Hills CA
Posts: 1,955
Received 466 Likes on 294 Posts

Default 62

$38,500
The following users liked this post:
65hihp (03-09-2024)
Old 03-09-2024, 10:40 AM
  #9  
65hihp
Le Mans Master
 
65hihp's Avatar
 
Member Since: Mar 2009
Location: Cold Harbor, VA
Posts: 7,296
Received 3,290 Likes on 1,694 Posts

Default

not a cent less than $42,000
Old 03-09-2024, 01:18 PM
  #10  
GlenT^
2nd Gear
Thread Starter
 
GlenT^'s Avatar
 
Member Since: Mar 2024
Location: Oregon
Posts: 2
Likes: 0
Received 0 Likes on 0 Posts
Default

Originally Posted by GlenT^
I'm new to the Corvette Forum . I've been a "Gear Head for over 50 years. I ran across a 1962 Vette seemingly all original but a bit strange in some areas. Its a factory 3 Speed !!!! The motor is possibly a 250 HP 327 but not yet verified. The motor needs a complete rebuild but runs and smokes real badly, body is straight with a few cracks, paint (white) appears original. Soft top very old might be original and might go up, It has a rough condition hardtop hubcaps are like what we call "dog dish" it has power windows. Kind of an odd duck... Whats it worth???? .
I have only one picture of it running and smoking, it's a 30 foot picture. I t looks decent but i've been told it is quite possibly all original just tired. The guy is asking 35K for it down from originally asking 40K It's 350 miles away from me so i plan to drive up and give it a really good look soon.
Old 03-09-2024, 01:46 PM
  #11  
Railroadman
Team Owner
 
Railroadman's Avatar
 
Member Since: Aug 2008
Location: Rochester NY
Posts: 31,358
Received 5,010 Likes on 2,529 Posts
St. Jude Donor '09-'10-'11-'12-'13-'14-'15-'16-'17-'18-‘19-'20-'21-'22-'23-'24


Default

Originally Posted by GlenT^
I have only one picture of it running and smoking, it's a 30 foot picture. I t looks decent but i've been told it is quite possibly all original just tired. The guy is asking 35K for it down from originally asking 40K It's 350 miles away from me so i plan to drive up and give it a really good look soon.
If it's 350 miles away, I presume it's the seller who told you it's "quite possibly" all original?
Old 03-09-2024, 02:23 PM
  #12  
Duck916
Team Owner
 
Duck916's Avatar
 
Member Since: Jul 2001
Location: Various places in California. Not currently aflame.
Posts: 20,513
Received 638 Likes on 394 Posts

Default

As described, the $35K number seems like a high water mark.

The engine and transmission can be taken care of fairly easily. The body cracks and paint can be minor issues or major headaches. Those and the usual questions about rust are what will drive the value of the car, I'd think. Also, documentation to show this really is an original untouched car will add some value.
Old 03-09-2024, 02:35 PM
  #13  
corvetteed
Team Owner

 
corvetteed's Avatar
 
Member Since: Mar 2003
Location: Wilmington N C
Posts: 24,441
Received 363 Likes on 250 Posts
St. Jude Donor '14-'15-'16-'17-'18-'19-'20-'21-'22-'23-'24


Default

Originally Posted by GlenT^
I have only one picture of it running and smoking, it's a 30 foot picture. I t looks decent but i've been told it is quite possibly all original just tired. The guy is asking 35K for it down from originally asking 40K It's 350 miles away from me so i plan to drive up and give it a really good look soon.
Pictures will help, of course, but based on what you've said, the 35k number might not be too bad. However, owners might not see the vehicle the way others do. I'd want lots of pictures and video before making a 350 mile trip.
Old 03-09-2024, 04:30 PM
  #14  
dahogan
Enjoy while you can.
Support Corvetteforum!
 
dahogan's Avatar
 
Member Since: May 2008
Location: 10th District Court OHIO
Posts: 17,179
Received 2,703 Likes on 1,277 Posts
Ohio Events Coordinator
2023 C8 of the Year Finalist - Unmodified
2022 C2 of the Year Finalist - Unmodified
C2 of Year Finalist (stock) 2019
St. Jude Donor '14-'15-'16-'17-‘18-'19-'20-'21-'22-'23-'24


Default

Originally Posted by corvetteed
I'd want lots of pictures and video before making a 350 mile trip.

Old 03-09-2024, 05:03 PM
  #15  
reno stallion
Melting Slicks
 
reno stallion's Avatar
 
Member Since: Apr 2013
Location: McCloud CA
Posts: 3,144
Received 1,531 Likes on 809 Posts
C2 of Year Finalist (appearance mods) 2019

Default

Where is it I will look at it for you

Get notified of new replies

To Possible purchase 1962 Corvette




Quick Reply: Possible purchase 1962 Corvette



All times are GMT -4. The time now is 10:42 PM.