Whats a 1971 Corvette Conv. with a LS5 worth?
09-18-2009, 01:16 AM
#1
Drifting
Thread Starter
Whats a 1971 Corvette Conv. with a LS5 worth?
I've been looking at a 1971 Corvette Convertible with a LS5 and M20 matching numbers car. Has been restored with a very clean frame and under carriage. Doesn't have PB, PW, or A/C. New paint at time of restoration and black vinyl interior. The transmission was gone through when restored but the engine wasn't and the car has +90,000 miles on it. What do you think it's worth?
I now have added pictures!
http://s615.photobucket.com/albums/t...albumview=grid
I now have added pictures!
http://s615.photobucket.com/albums/t...albumview=grid
Last edited by 08Indy; 09-18-2009 at 05:59 PM. Reason: To add pictures
09-18-2009, 09:17 AM
#3
Racer
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what's it worth?
Love these threads....What's my house worth? 3 bed,2.5 bath , pool, huge lot, Scottsdale. Sorry no pics. Built 1995. moderator anywhere?
Last edited by LT1 Hunter; 09-18-2009 at 11:23 AM.
09-18-2009, 11:33 AM
#5
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What's the seller asking? That will give us a place to start.
09-18-2009, 11:43 AM
#7
Team Owner
!!!! j/k
09-18-2009, 12:34 PM
#8
Drifting
09-18-2009, 01:29 PM
#9
Drifting
Thread Starter
09-18-2009, 01:37 PM
#10
Drifting
Thread Starter
09-18-2009, 02:35 PM
#11
Melting Slicks
If in good shape that is not too bad.
Low optioned with no PB, PW, AC and with vinyl.
I would offer less.
You will probably want to rebuild the engine at some point if it has 90,000+ miles on it. Engines back then didn't last as long as engines today.
It comes down to how bad you want the car and how much you have to spend. Are you buying it for pleasure or to resale? Something to think about.
I bought a 72 454 convertible fully optioned for $16,000 8 years ago. I've sunk quite a bit of money in it since. Could I sell it for what I have in it? Maybe - Maybe not. But this is the car I have always wanted and I have gotten a ton of pleasure restoring it and working on it and driving it. That is worth alot of money to me. I don't plan on ever selling it.
In my rush to buy the car I overlooked lots of problems but they were easy to fix - just needed money and time.
But I'm having a blast with it.
There will be fluctuations in worth over the years but I think the value will continue to go up. Again, I don't plan on selling it. But it does help justify my expenditures to the wife.
Sorry for the long explanation.
Again, it comes down to how much you have to spend and if this is the car you are looking for. It took me 1-1/2 years to find the Vette that met all my wish-list picks.
Good luck. Nothing like a convertible C3 big block.
Low optioned with no PB, PW, AC and with vinyl.
I would offer less.
You will probably want to rebuild the engine at some point if it has 90,000+ miles on it. Engines back then didn't last as long as engines today.
It comes down to how bad you want the car and how much you have to spend. Are you buying it for pleasure or to resale? Something to think about.
I bought a 72 454 convertible fully optioned for $16,000 8 years ago. I've sunk quite a bit of money in it since. Could I sell it for what I have in it? Maybe - Maybe not. But this is the car I have always wanted and I have gotten a ton of pleasure restoring it and working on it and driving it. That is worth alot of money to me. I don't plan on ever selling it.
In my rush to buy the car I overlooked lots of problems but they were easy to fix - just needed money and time.
But I'm having a blast with it.There will be fluctuations in worth over the years but I think the value will continue to go up. Again, I don't plan on selling it. But it does help justify my expenditures to the wife.
Sorry for the long explanation.
Again, it comes down to how much you have to spend and if this is the car you are looking for. It took me 1-1/2 years to find the Vette that met all my wish-list picks.
Good luck. Nothing like a convertible C3 big block.
09-18-2009, 02:39 PM
#12
Melting Slicks
upload the pictures to a website - like photbucket.
Click on the "insert picture" button on the top of the message window (looks like a mountain with a yellow sky). Paste the link to the picture.
Some services like photobucket will have a link with the necessary code so you can just copy and paste the URL directly in the message instead of clicking on the insert picture button.
Click on the "insert picture" button on the top of the message window (looks like a mountain with a yellow sky). Paste the link to the picture.
Some services like photobucket will have a link with the necessary code so you can just copy and paste the URL directly in the message instead of clicking on the insert picture button.
09-18-2009, 02:50 PM
#13
Burning Brakes
I would love if there were a lot of good-condition big-blocks for less than $20k, but when I was looking this Summer, cars below that price had issues, and a real clean car was asking $30k or above.
If indeed the metal is clean, then that's a great price, even with the low options.
If indeed the metal is clean, then that's a great price, even with the low options.
09-18-2009, 03:34 PM
#14
Team Owner
I would love if there were a lot of good-condition big-blocks for less than $20k, but when I was looking this Summer, cars below that price had issues, and a real clean car was asking $30k or above.
If indeed the metal is clean, then that's a great price, even with the low options.
If indeed the metal is clean, then that's a great price, even with the low options.
09-18-2009, 03:53 PM
#15
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09-18-2009, 05:03 PM
#16
$14K sounds reasonable. Sorta like a teaser rate for an adjustable rate mortgage.
Whatever you pay for it, that will only be the beginning. Remember, you are buying a 38 year old car that likely needs a lot of expensive parts and a lot of somebody's labor. In five years, I've spent at least another $20k on my '69...and that is just on mechanical issues with me doing the wrenching in/out and the dirty work. I still need to restore the rear suspension, differential, half shafts and brakes. I haven't even touched the paint and interior yet.
If you buy it, good luck and welcome to the madness.
Whatever you pay for it, that will only be the beginning. Remember, you are buying a 38 year old car that likely needs a lot of expensive parts and a lot of somebody's labor. In five years, I've spent at least another $20k on my '69...and that is just on mechanical issues with me doing the wrenching in/out and the dirty work. I still need to restore the rear suspension, differential, half shafts and brakes. I haven't even touched the paint and interior yet.
If you buy it, good luck and welcome to the madness.
09-18-2009, 05:40 PM
#17
Drifting
Thread Starter
If in good shape that is not too bad.
Low optioned with no PB, PW, AC and with vinyl.
I would offer less.
You will probably want to rebuild the engine at some point if it has 90,000+ miles on it. Engines back then didn't last as long as engines today.
It comes down to how bad you want the car and how much you have to spend. Are you buying it for pleasure or to resale? Something to think about.
I bought a 72 454 convertible fully optioned for $16,000 8 years ago. I've sunk quite a bit of money in it since. Could I sell it for what I have in it? Maybe - Maybe not. But this is the car I have always wanted and I have gotten a ton of pleasure restoring it and working on it and driving it. That is worth alot of money to me. I don't plan on ever selling it.
In my rush to buy the car I overlooked lots of problems but they were easy to fix - just needed money and time. But I'm having a blast with it.
There will be fluctuations in worth over the years but I think the value will continue to go up. Again, I don't plan on selling it. But it does help justify my expenditures to the wife.
Sorry for the long explanation.
Again, it comes down to how much you have to spend and if this is the car you are looking for. It took me 1-1/2 years to find the Vette that met all my wish-list picks.
Good luck. Nothing like a convertible C3 big block.
Low optioned with no PB, PW, AC and with vinyl.
I would offer less.
You will probably want to rebuild the engine at some point if it has 90,000+ miles on it. Engines back then didn't last as long as engines today.
It comes down to how bad you want the car and how much you have to spend. Are you buying it for pleasure or to resale? Something to think about.
I bought a 72 454 convertible fully optioned for $16,000 8 years ago. I've sunk quite a bit of money in it since. Could I sell it for what I have in it? Maybe - Maybe not. But this is the car I have always wanted and I have gotten a ton of pleasure restoring it and working on it and driving it. That is worth alot of money to me. I don't plan on ever selling it.
In my rush to buy the car I overlooked lots of problems but they were easy to fix - just needed money and time.
But I'm having a blast with it.There will be fluctuations in worth over the years but I think the value will continue to go up. Again, I don't plan on selling it. But it does help justify my expenditures to the wife.
Sorry for the long explanation.
Again, it comes down to how much you have to spend and if this is the car you are looking for. It took me 1-1/2 years to find the Vette that met all my wish-list picks.
Good luck. Nothing like a convertible C3 big block.
http://s615.photobucket.com/albums/t...albumview=grid
Last edited by 08Indy; 09-18-2009 at 06:01 PM. Reason: Added Pictures
09-18-2009, 06:05 PM
#19
Drifting
Thread Starter
Pics
eek: !!!! j/k
$15k sounds way low for a nice 71 bb 4spd vert.. use that as a lower boundary, and use $45k as an upper boundary.[/QUOTE]
Here are the pics
http://s615.photobucket.com/albums/t...albumview=grid
$15k sounds way low for a nice 71 bb 4spd vert.. use that as a lower boundary, and use $45k as an upper boundary.[/QUOTE]
Here are the pics
http://s615.photobucket.com/albums/t...albumview=grid
