Mike Ward

There's a never ending string of people arguing over what they think these cars are worth.

Here's one that actually sold

http://cgi.ebay.com/ebaymotors/ws/eB...K%3AMEWAX%3AIT

68 two top convertible 327/350 supposedly with original engine 4 speed.

427basketcase

The listing has ended.

Easy Mike

Yeah, but scroll on down to the vehicle information.

Nice, original, documented, one owner 68.

BBCorv70

Sold for about 60% of what we often hear a car like this should sell for?

427basketcase

I see now, that was actually a good buy for someone.

CA-Legal-Vette

You're right on the money there. Guest I'll have to look at the magazine values post again to feel better about what my car is worth

If the add is accurate and the engine is done properly, someone got a nice car for the money, even if the paint isn't fresh.

Mike Ward

Exactly- what we think they should sell for and what they actually sell for represents about a 40% gap.

BBCorv70

Hmmmm.... If a 'Vert' usually means a $5K increase, this implies a comparable Coupe would sell for about $11K? Since it was original which usually carries at least a 20% - 30% surcharge, a non original coupe in comparable condition should sell for about $7,700? This is an early chrome bumper, implies the rubber bumbers must be below $5K?

Could mean the values we assign are quite speculative? No hard formula?

Easy Mike

Always.

Never.

Another reason why published price guides are useless for anything other than selling magazines.

jr9170

That is a great price for that 68 vert...

john 72-04

Ebay sale..........I don't know. Could be all sorts of things going on there. What the heck why fight it........come get mine and I'll give you $3k to take it away.

cm2dinger

sounds like a good deal are you in so cal?

AutoX-Z06

This is a rough car... whats your point? Needs to be totally restored. Sad thing is it would cost more to restore this than its worth in the end.

3JsVette

So what we're saying if the car sold for 60% of what we think it would be worth we would have valued that car at $27500? I don't think we would have valued that car that high. Reading the discription and looking at the pictures the car needs paint, interior, under hood detailing, and chassis refurbish. That car would soak up 10K in a heart beat. I wouldn't be surprised if you were north of 30K by the time you were done. In this market what would we say a correct very nice '68 327/350 convertible is worth?

...Roger...

Looks like a great little driver !

petdoc

It's always a crap shoot at best. On ebay you really never know what you're getting, until they drive it (or roll it) off the carrier, unless you personally inspected it. Some will be great deals, some average buys, and some hose jobs. Establishing values to these cars probably can't be calculated closer than + or - 30% or so. It can't be based on how much you'll have in it in the end, tho that SHOULD be a big consideration. I have seen many cars with LOTS of $$$ dumped into them that I refused to buy because the work was shoddy. Yet I paid average plus dollars for an average car.....just because it "floated my bost." Personal taste frequently causes us to pull the trigger. Some guys love 327/350 cars...(I do)... Some don't like cream puffs...Some like full optioned cars, etc etc....regardless of what we might perceive as "what it's worth," and "what somebody might pay," in the end there will always be vette deals that totally surprise us one way or the other.

zwede

I do believe originality doesn't command the price premiums it used to. Some years ago an all original early C3 would often bring 2x the money of a modified car in the same condition. This doesn't seem to be true anymore. The modified car is about the same price as before, but the original car is down, decreasing the gap.

As for the 68 in the ad, I would have expected a little closer to $20K, but I guess the seller didn't want to wait for a buyer with the last few $$$. Looking at the picture, that car needs quite a bit of work to be really nice (show quality).

Easy Mike

I liked it, but then, I'm a dyed-in-the-wool 68 fan.

Alex/plus

Only six bidders? A sobering statement of the old Vette market.

joewill

another reality is here is an example of what the price was. other sale prices are not so easy to determine. We know asking prices, but usually don't know the sale price. we so often see the asking price only and never see the sale price and it is so politically incorrect to ask what it sold for.