cmb396

What are some thoughts on long term/short term pricing market of the 427 verts? I've had several Z06's but have really always preferred a vert. Currently being 2+ years waiting, and no end in sight for my number to get punched on a C8Z, fatigue has set in. I have seen some 427's priced very aggressively, and others, very high, so it seems like a hit and miss market. All that said, have found a nicely modded 427 that I may pursue, and price seems to be fair for the mods and miles.
I guess is what I don't want to do is buy a 427, to hold me down, and lose my *** on it when it's time to move on.

FAUEE

I doubt they're going to go down in price here on our. You keep it in good condition and don't mod it to hell and back, it will pretty much be worth what it is or more, mileage not withstanding.

They will never make another manual 7L convertible Corvette.

gdmoore01

The only 7.0l C6 M6 Convertible that you can buy for the entire nine year run. But you fear you may lose on the value in the long run, so you should pass on this car and let the next guy enjoy it for what it is and not worry about the collectability.*

(*not intended to be sarcastic)

GD

cmb396

Good point! Very few made at that! 2500ish

cmb396

Nah, I get ya! Not at all worried about "collectibility", just looking at not wanting to lose a shitton of value over the next few years. Even if I would decide to sell. Sold my C6Z built by RPM last year, and kind of missing it! Still have my heavily built C5Z that I have sold and bought back, and I swear, they seem to be going up in value currently, but not sure how long any of that will last in today's society?!

6 Shooter

I think they will retain value, dependent of their originality and mileage.

A little history of them on bring a trailer: https://bringatrailer.com/search/?s=...7+convertible+

Geno94

Looking at some of the dire predictions about the nation's economy lately it's going to be anyone's guess what is going to happen in the next couple of years and where to safely park your money.

cmb396

nice! Thank you!

no doubt! I’m sure we’d all agree cars isn’t quite the place to park that money, but what the hell?! We only have one trip to enjoy!!

Ron Dittmer

Mechanically, I find the 2013 427 convertible extremely attractive. Unfortunately, their going prices are far out of reach for me, but their lack of color choices makes me rest easy. Then there is the fuzzy leather steering wheel that doesn't look right to me. It is all superficial, but of importantance to me.

As far as "investment" is concerned, I too wonder.

FAUEE

Uhh, what?

Pretty sure the 427 came.in any color offered for 2013, and you could have either leather or alcantara steering wheel, depending on what options you picked...

Ron Dittmer

You are so right.

The finanical gurus say to diversify, but if the US dollar collapses, it won't matter how you play with it. It will come down to precious metals, especially in a form that can be utilized out on the streets, used to shop with. For example, US dimes minted prior to 1965 are 90% silver. A 90% silver dime is "official" and it is small enough to be of practical use. If you had a one ounce gold ingut, it will be useless to buy essientials. What are you going to do? Shave off some of it?

Then there is practical stuff to barter with... home grown food and home baked bread, toilet paper, kerosene, hardware, tools, firewood, a helping hand.

If the economy collapses hard, a 2013 427 will make a nice lawn ornament, just like every Corvette, only a very high priced one. A pedal bicycle will be worth more.

With all that said, I hope to own a GS soon.

hdrider1

More like around 5,000ish.

cadyshac

Wrong, 2552.
Chevrolet only built 13,466 Corvettes in 2013 and just 2,552 of those were 427 Convertibles—about 1,000 427s had the 60th Anniversary Package

cadyshac

I would be wary of mods, or should I say mods that take away from the originality of the car. Other than that high miles or poor condition is the only thing that would detract from the value. I've owned mine for 4 years and could easily sell it for way more than I paid.

cmb396

What sort of mods, in your opinion, take away from the originality?
No doubt you could sell yours for the same or more if you purchased 4 years ago! I can't believe some of the prices nice C5Z's are bringing for well built cars!

tommyc6z06

thought i'd chime in...
Re mods taking away from value, I'd say that in the long run, discreet, tasteful upgrades; ie interior trim, modern head units w/BU cam, shifter upgrade, or reliability (ie head fix) are great...but cam swaps, headers, engine builds, forced induction, suspension bushings, engine mounts and that kind of stuff may limit the marketability (not just 427 Verts). They may in instances, but Its rare that such mods ever increase value.
Sometimes its hard to resist for the tinkerers among us. I say, just go buy another set of wheels if you must, so they can be easily swapped back

Re economy collapse; yah, I'm very cognizant and aware of great uncertainty, but that's no way to live one's life. Moreover, the older we get, the more we tend to fear perhaps. But, there's an in-between of frivolous living vs still living to enjoy one's life. Hopefully there will be an awakening and regime change (i'm in Canada...same here).
As long as our toys are not crippling financially, remember we're here for a good time, not a long time, so enjoy our toys

cmb396

Very well said, especially, the last sentence! Know one knows what's going to happen in this economy, and it it goes belly up, most of us on here will be at a loss with any toy we have!
The thing that gets me about modded cars, and I have owned, currently own, and have sold many modded vehicles, is that some sellers "want" dollar for dollar back on the money they spent. We are lucky to get pennies on the dollar, unless that certain someone comes along, doesn't care about the price, and has to have the vehicle.

9157

If ur looking for collectibility don’t buy a modified car! 427 on its own is a prize!

rkj427

and attached is information on the 2013MY Corvette production, which shows exactly how many 427's with both color choices and options

cmb396

Not looking for a collector. Just do not want to lose 50%+ value if I decide to unload when/if I ever get my number punched for a C8Z