Opinions Wanted: 1974 Convertible
#1
Opinions Wanted: 1974 Convertible
I'm still searching for a C3 to buy. I've looked at 6 so far and posted a thread about the first couple I looked at. Going to take a look at this one and it will be the first convertible I've looked at.
A couple I looked at were really nice but pricey. I realized I need to decide on how much I want to spend (initially). I know anything I buy is most likely going to need work and money dumped into it. However I had to have a starting point. So I've decided that my budget is $10K.
She looks a little rough in the pics, just wanted some opinions on what you guys think of this one.
1974 L48 Corvette Stingray roadster. Matching numbers. 4 speed. A/C. Solid frame and bird cage. Driven daily. Runs strong and handles nice. Great restoration project. New aluminium radiator with dual fans. Many extra parts. $6500.00
A couple I looked at were really nice but pricey. I realized I need to decide on how much I want to spend (initially). I know anything I buy is most likely going to need work and money dumped into it. However I had to have a starting point. So I've decided that my budget is $10K.
She looks a little rough in the pics, just wanted some opinions on what you guys think of this one.
1974 L48 Corvette Stingray roadster. Matching numbers. 4 speed. A/C. Solid frame and bird cage. Driven daily. Runs strong and handles nice. Great restoration project. New aluminium radiator with dual fans. Many extra parts. $6500.00
Last edited by EDDlE VETTER; 06-22-2012 at 02:42 PM.
#2
74 Vette
Hey Eddie,
You've already got a convertible - your FLSTC. Better sell that and start saving money like crazy for your C3. I just wish my coupe looked that good. Good luck on whatever one you wind up with. PS. Riding a FLHTCUSE2
You've already got a convertible - your FLSTC. Better sell that and start saving money like crazy for your C3. I just wish my coupe looked that good. Good luck on whatever one you wind up with. PS. Riding a FLHTCUSE2
#3
Drifting
That price may be high IMO.
Start at what the car would be worth in A1 finished condition and then start subtracting from that everything that the car needs.
Just from the pictures I see:
rough interior
seats worn
pedals worn
weatherstripping shot
trim missing
emblems missing
driver quality paint, so figure in a new paint job
needed body work
How's the suspension?
Steering?
trans?
brakes?
engine?
Conv top?
What's an A1 74 worth? $15K ish?
I don't think that 74 is worth the asking price. IMO
Maybe $5K-$5500???
Start at what the car would be worth in A1 finished condition and then start subtracting from that everything that the car needs.
Just from the pictures I see:
rough interior
seats worn
pedals worn
weatherstripping shot
trim missing
emblems missing
driver quality paint, so figure in a new paint job
needed body work
How's the suspension?
Steering?
trans?
brakes?
engine?
Conv top?
What's an A1 74 worth? $15K ish?
I don't think that 74 is worth the asking price. IMO
Maybe $5K-$5500???
Last edited by blckslvr79; 06-21-2012 at 02:49 PM.
#4
Team Owner
Member Since: Jun 2000
Location: Southbound
Posts: 38,928
Likes: 0
Received 1,470 Likes
on
1,249 Posts
Cruise-In II Veteran
I don't like the wheels, but I like the $6500. The only question is whether you want this '74 and the changes made to it.
#5
Intermediate
Member Since: Jul 2011
Location: Somerset IN
Posts: 30
Likes: 0
Received 0 Likes
on
0 Posts
I'm certainly no expert, but I have been fiddling with my 74 for a couple years now. So, you asked for opinions, and here's mine. Worth exactly what you paid for it.
I agree with blckslvr79, that if you do the math it will be near impossible to get it done for less than it's worth. Probably not even at a break even point. But, if you enjoy it along the way, maybe even learn something, there is value in that. You have to decide what value. I joke that I'd be money ahead to drive mine off a cliff.
Me personally, I'd rather have a chrome bumper C3. But then, I ended up with a 74 too. Mine was a target of opportunity, and I thought at the time I got it for a good price. Then I found how quickly this thing consumes money. Expect to find a LOT of little things you'll need to do or buy that you don't see. I was working on taking my light housings out of the grills the other day to paint them and just reuse them, and broke off 3 of the 4 bolts. And one light housing is cracked. So lots of new parts there. Also broke off screws in the headlight doors.
Anyway, with all that said, the pros I see to this one are - convertible and 4 speed, numbers matching.
Cons you can see in the pix - missing emblems, sill plate and kick panel, mileage?, and a lot of unknowns. Again, blckslvr79 hit it on the head.
Good luck whatever direction you decide to go!
I agree with blckslvr79, that if you do the math it will be near impossible to get it done for less than it's worth. Probably not even at a break even point. But, if you enjoy it along the way, maybe even learn something, there is value in that. You have to decide what value. I joke that I'd be money ahead to drive mine off a cliff.
Me personally, I'd rather have a chrome bumper C3. But then, I ended up with a 74 too. Mine was a target of opportunity, and I thought at the time I got it for a good price. Then I found how quickly this thing consumes money. Expect to find a LOT of little things you'll need to do or buy that you don't see. I was working on taking my light housings out of the grills the other day to paint them and just reuse them, and broke off 3 of the 4 bolts. And one light housing is cracked. So lots of new parts there. Also broke off screws in the headlight doors.
Anyway, with all that said, the pros I see to this one are - convertible and 4 speed, numbers matching.
Cons you can see in the pix - missing emblems, sill plate and kick panel, mileage?, and a lot of unknowns. Again, blckslvr79 hit it on the head.
Good luck whatever direction you decide to go!
#7
Team Owner
`74 roadster with air around $6k is probably reasonable - - it'd be nice if you'd complete your profile so we know where you are - - someone on the forum may know the car and be able to provide input.
Assume it's a small block L-48 absent other hood emblems and that it runs/drives? Any piucs of the engine compartment?
Certainly work to do but would appear to have 'good bones' from the limited photos.
Good luck-
Assume it's a small block L-48 absent other hood emblems and that it runs/drives? Any piucs of the engine compartment?
Certainly work to do but would appear to have 'good bones' from the limited photos.
Good luck-
#8
CF JASOC Member
Price sounds pretty damn good. You know what to look for by now.
Too bad the split rear bumper cover has been replaced.
Too bad the split rear bumper cover has been replaced.
#9
Team Owner
Member Since: Jun 2000
Location: Southbound
Posts: 38,928
Likes: 0
Received 1,470 Likes
on
1,249 Posts
Cruise-In II Veteran
#10
Burning Brakes
Love the 74s. 6.5K is a little high for that car, IMO. Probaby be able to get it for 5-5.5K cash. Agree with some comments above. Blkslvr79 and others.
Could get a great deal out of it but I wouldn't pay asking price.
Could get a great deal out of it but I wouldn't pay asking price.
#12
Drifting
#13
Drifting
Nice Vette. If I were buying a non-bumper car, that would be it. Just remember, if you have to paint it, you gonna dump a pile of cash. But I like that car... In sunny CA, an AC Roadster that did not need to be smogged is just right...
#15
Drifting
#16
Yeah I've already decided that I'm not super stuck on it being 100% original. I'm not going to enter it in any contests, I just want a C3 for fun and to drive and enjoy. I'd like to try and keep it looking original as possible though.
Heck I'd probably drive it this summer just the way it is then do some restoration over the winter, and then in the spring have it painted. Redo the interior and painted black, I think it would look sharp black on black. Needs some better wheels for sure. A few questions:
1.) Is it hard to find the emblems?
2.) Is there anything with the top I should look for?
3.) Those vents on the deck, something to look for there?
Heck I'd probably drive it this summer just the way it is then do some restoration over the winter, and then in the spring have it painted. Redo the interior and painted black, I think it would look sharp black on black. Needs some better wheels for sure. A few questions:
1.) Is it hard to find the emblems?
2.) Is there anything with the top I should look for?
3.) Those vents on the deck, something to look for there?
#19
10 grand an't gonna buy you much. A beat up , rednecked , ragged out junkyard special. That need EVERYTHING.
10K for paint, 4K for interior , 5 K for mechnicals. It akes 20K to turn a 5-10K car into something done correct , paint by an expert (no earl shive) and be bebuilt reliable.
Any complete turn key car , with nice paint, new sus, great overall , is going tro coast 20K plus...and whoever sells it will be lossing money out the azz.
Seems to do a vette right it is 30-75K depending on the year .
You can spend 10K on the undercarriage.
10K for paint, 4K for interior , 5 K for mechnicals. It akes 20K to turn a 5-10K car into something done correct , paint by an expert (no earl shive) and be bebuilt reliable.
Any complete turn key car , with nice paint, new sus, great overall , is going tro coast 20K plus...and whoever sells it will be lossing money out the azz.
Seems to do a vette right it is 30-75K depending on the year .
You can spend 10K on the undercarriage.
#20
Team Owner
10 grand an't gonna buy you much. A beat up , rednecked , ragged out junkyard special. That need EVERYTHING.
10K for paint, 4K for interior , 5 K for mechnicals. It akes 20K to turn a 5-10K car into something done correct , paint by an expert (no earl shive) and be bebuilt reliable.
Any complete turn key car , with nice paint, new sus, great overall , is going tro coast 20K plus...and whoever sells it will be lossing money out the azz.
Seems to do a vette right it is 30-75K depending on the year .
You can spend 10K on the undercarriage.
10K for paint, 4K for interior , 5 K for mechnicals. It akes 20K to turn a 5-10K car into something done correct , paint by an expert (no earl shive) and be bebuilt reliable.
Any complete turn key car , with nice paint, new sus, great overall , is going tro coast 20K plus...and whoever sells it will be lossing money out the azz.
Seems to do a vette right it is 30-75K depending on the year .
You can spend 10K on the undercarriage.
To the OP, that looks like a nice starter for $6,000. But you have to do the usual frame/birdcage inspection. If it passes muster I would go for it. You will enjoy bringing it back to a nice stock and pretty state. Yes, it does take some time and $$$s but the 1974 is a unique year. Many poo-poo them but I like it.
Last edited by Paul L; 06-21-2012 at 08:03 PM.