Notices
C3s for Sale/Wanted Private Classifieds: Used C3 Corvettes For Sale, Modified or Stock Corvettes, and Restored or Original Corvettes
Sponsored by:
Sponsored by:

value of 73 vert w/frame-off restore

Thread Tools
 
Search this Thread
 
Old 09-13-2007, 06:18 PM
  #1  
rcrock
Advanced
Thread Starter
 
rcrock's Avatar
 
Member Since: Nov 2004
Location: Battle Ground Washington
Posts: 60
Likes: 0
Received 0 Likes on 0 Posts
Default value of 73 vert w/frame-off restore

I'm trying to determine the value of a 73 vert that is for sale. The owner did a frame-off and converted it to a 454 with a 5 speed from a 350/auto. He has over $40k in receipts with new everything, a real beauty. He puts the value at $34k, I figure $25k max as it a '73.The NADA and gold book say higher, but my concern is it is not a 68-72 class. Any opinions? Thanks.
Old 09-13-2007, 06:58 PM
  #2  
73 LS-4
Melting Slicks
 
73 LS-4's Avatar
 
Member Since: Jun 2001
Location: Moro IL
Posts: 2,329
Likes: 0
Received 0 Likes on 0 Posts

Default

Being that it is now a non-matching numbers 73 vert, I'd think 25k would even be high. A major factor in what it is worth is are all the matching numbers pieces still around or not, if they are not it's really going to hurt it. If they are then 25k isn't a bad price albeit still a bit high. I picked up a 69 vert non-matching numbers car with a new frame and a frame off already done, needed interior and some minor body work for 12k. It was originally a base engine 4 spd car but had a really nicely built 468 installed along with a lot of VB&P suspension upgrades already installed. Pics of it are in my photos, along with my 73 BB coupe. When you start to get in the mid 30's price range you better be talking about a #'s matching big block car when talking C3's. If everything is perfect on the car and the matching number components are still available and in working order, then you may get 25k out of the right buyer. The market is pretty soft right now.


Pat Kunz
Old 09-13-2007, 07:18 PM
  #3  
ed427vette
Melting Slicks
 
ed427vette's Avatar
 
Member Since: Jul 2006
Location: Massapequa Park NY
Posts: 2,808
Received 657 Likes on 468 Posts

Default

Way too high.
If it was completely original then it would be worth it and then only if it was really nice. You should be able to find very nice 73 verts for $20K all original with small blocks or non original big blocks for maybe a little less than $20K.
I think the NADA books only have values for original cars. Do not confuse that with non original cars
Old 09-13-2007, 09:44 PM
  #4  
Greekmn2
Instructor
 
Greekmn2's Avatar
 
Member Since: Jul 2006
Location: Denver Colorado
Posts: 168
Likes: 0
Received 3 Likes on 2 Posts

Default Too high!

Way too high of a price for a non-numbers matching car unless YOU like all the non stock changes that have been made.

I agree with one of the above remarks....for a C3 to sell in the $30k plus range the car would need to be ALL numbers matching and in excellent condition inside and out especially '73 and newer cars.

Last edited by Greekmn2; 09-15-2007 at 10:40 PM.
Old 09-13-2007, 09:52 PM
  #5  
collectskulls
Drifting
Support Corvetteforum!
 
collectskulls's Avatar
 
Member Since: May 2005
Location: calgary alberta
Posts: 1,257
Likes: 0
Received 0 Likes on 0 Posts

Default

numbers shumbers.......

If this is a car you would have liked to build yourself he has all the receipts, not including man hours.
Then why not buy it and save your self some $$$ and time.
Old 09-13-2007, 10:34 PM
  #6  
rcrock
Advanced
Thread Starter
 
rcrock's Avatar
 
Member Since: Nov 2004
Location: Battle Ground Washington
Posts: 60
Likes: 0
Received 0 Likes on 0 Posts
Default

Being a frame-off restore and $40k in rceipts with a period correct 454 and a 5-speed with new interior,suspension,paint,brakes,etc,it becomes a very nice resto-mod! Not bad for $25k,but excessive at $34k. The guy will never recover his investment. I wish it was a '72.
Old 09-13-2007, 11:06 PM
  #7  
FRSTR90
Drifting
 
FRSTR90's Avatar
 
Member Since: Apr 2007
Location: Springfield Illinois
Posts: 1,892
Likes: 0
Received 3 Likes on 3 Posts

Default

Originally Posted by rcrock
Being a frame-off restore and $40k in rceipts with a period correct 454 and a 5-speed with new interior,suspension,paint,brakes,etc,it becomes a very nice resto-mod! Not bad for $25k,but excessive at $34k. The guy will never recover his investment. I wish it was a '72.
why? the '73s look so much better... (my opinion) to each his own i guess. If you really wish is was a '72 don't waste your money on buying this '73. Personally, I don't see why there are some many haters on the '73.
Old 09-13-2007, 11:21 PM
  #8  
rcrock
Advanced
Thread Starter
 
rcrock's Avatar
 
Member Since: Nov 2004
Location: Battle Ground Washington
Posts: 60
Likes: 0
Received 0 Likes on 0 Posts
Default

I don't hate the 73,but I realize that demand/price falls off after the 72...a consideration when I would resell. I own a restored '76.
Old 09-14-2007, 09:12 AM
  #9  
LYLE
Melting Slicks

 
LYLE's Avatar
 
Member Since: Mar 2002
Location: Ohio
Posts: 2,140
Received 6 Likes on 6 Posts

Default

A perfect 73 vert 454 4speed is had to find in a NCRS numbers car with proof it is what it is and could bring up to the high 30's. This small block now 454 with the five speed if the mods are what you want and the colors you like I would make an offer and see what happens. If the buyer has limited time,tools,and talent this is the way to get a nice ride.
Take the car out and see if it drives and runs as nice as it looks because that is very important.
Old 09-14-2007, 10:59 AM
  #10  
EddiePear
Instructor
 
EddiePear's Avatar
 
Member Since: Sep 2005
Location: Lexington Kentucky
Posts: 133
Likes: 0
Received 0 Likes on 0 Posts
Default 73 Vert still For Sale

I have a 73 vert (Matching Numbers, 350,Auto) I'm only asking $21,800.
Old 09-14-2007, 02:45 PM
  #11  
LYLE
Melting Slicks

 
LYLE's Avatar
 
Member Since: Mar 2002
Location: Ohio
Posts: 2,140
Received 6 Likes on 6 Posts

Default

Your car is nice and makes us all know the market has been slow a long time.
Old 09-14-2007, 03:39 PM
  #12  
The_Dude
Team Owner
 
The_Dude's Avatar
 
Member Since: Jul 2001
Location: Here to make friends
Posts: 60,694
Received 473 Likes on 140 Posts
St. Jude Donor '11, '16-'17

Default

Originally Posted by Greekmn2
for a C3 to sell in the $30k plus range the car would need to be ALL numbers matching and in excellent condition inside and out especially '73 and newer cars.
I don't agree. It just has to be something that a buyer is willing to pay $30k+ for. This sounds like a pretty nice car that had a lot of $$ put into it. Evidently, it was worth it to the current owner. It may be worth it to someone else.
Old 09-14-2007, 04:38 PM
  #13  
rcrock
Advanced
Thread Starter
 
rcrock's Avatar
 
Member Since: Nov 2004
Location: Battle Ground Washington
Posts: 60
Likes: 0
Received 0 Likes on 0 Posts
Default

I purchased a 76 t-top last spring for $16k. It was a frame-on restoration with $35k in receipts. At some point it is a losing investment to restore these mid 70s vettes. Now this guy has buried $40k in his 73,but can't come to the realization that he is going to take a loss on it's true market value.
Old 09-14-2007, 04:40 PM
  #14  
The_Dude
Team Owner
 
The_Dude's Avatar
 
Member Since: Jul 2001
Location: Here to make friends
Posts: 60,694
Received 473 Likes on 140 Posts
St. Jude Donor '11, '16-'17

Default

It all depends on how fast, or how badly he wants to get rid of it.
Old 09-15-2007, 08:51 AM
  #15  
72 LT1
Racer
 
72 LT1's Avatar
 
Member Since: Jan 2006
Location: Orange massachusettes
Posts: 395
Likes: 0
Received 0 Likes on 0 Posts
Default

collectskulls... numbers shumbers.......

If this is a car you would have liked to build yourself he has all the receipts, not including man hours.
Then why not buy it and save your self some $$$ and time.
If your in the market for a Rest-Mod/Hot Rod vette, one w/these same mods, then this could be a great car. Depending on the QUALITY of the build, the car could easily be worth more than 25K. Who doesn't like a BB 5spd 'vert??
If the buyer has limited time,tools,and talent this is the way to get a nice ride.
This is the way to a nice ride EVEN IF the buyer has UNLIMITED time, tools, and talent.

Last edited by 72 LT1; 09-15-2007 at 08:57 AM.
Old 09-15-2007, 01:14 PM
  #16  
LYLE
Melting Slicks

 
LYLE's Avatar
 
Member Since: Mar 2002
Location: Ohio
Posts: 2,140
Received 6 Likes on 6 Posts

Default


A picture would be nice. Red Red ?

Get notified of new replies

To value of 73 vert w/frame-off restore




Quick Reply: value of 73 vert w/frame-off restore



All times are GMT -4. The time now is 12:59 PM.