Go for it?
 

Ok I have just found out about a red/red 1964 Corvette. 327 4 speed, original owner, for sale near me. I'm not sure how many miles are on the car and the owner did say it probably needed a new paint job and a new interior. He claims it runs and I would probably be able to drive the car home. He's asking 12k for the car but I'm guessing he's got some wiggle room in there and I could probably get it for 10.5 or so. After some enjoyment out of the car I'll probably flip it. Should I go for it?

Yes

If I were you, I'd pass on it and send the phone number of the owner to me. But, that's just me.

So you're saying 10-12k should be a safe price for a running 64 vette? Again I don't know much about it without seeing the car but assuming it's not a complete bucket of bolts what would be a regular asking price for a 64 in need of a few things like I mentioned?

:rock:

At least a feel a little more comfortable about it with that type of response.

Check the frame but if it is complete, drives and is not a wreck I don't know how you could go wrong at that price.

Tom

If its all there, only needs paint and some interior work and runs, its a steal at 12K:yesnod:

Sounds like a deal to me:thumbs:

I know it's not a whole lot of info to go on but what do 64's in this type of condition usually go for?

There is too much information missing for an accurate answer........
But a wide range would be 20K to 40K

:iagree:

Just check for major rust, that might be a stopper for me. Still, it will flip at a profit at that price.

Send me the phone number...:D

Well I promise that I if I don't buy it I'll give the phone number to the first person who asked for it (as long as the seller doesn't mind).

Ok all the info that I had at first was second hand but I just talked to the owner on the phone and he gave me the facts. The bad (possibly), not original owner, motor is not original (about 5k on the new motor). The good, According to him (again I haven't seen it) rust isn't an issue with this car, car is mechanically sound and it's a VERT w/hard top. I thought it was a coupe at first but this is even better. I have to buy it right?

The fact that you're sitting at the terminal asking stupid questions and waiting for obvious answers probably means that someone else already owns it.

Lol well that's my answer. It's a cousin of a customer of mine and the car isn't being advertised. It's still there.

what are you waiting for? Even with the NOM, still a deal!

I would sell it to 65GGvert and make 100 bucks on the deal

If this '64 is at $12k, and even if there is no wiggle room, you are crazy for not buying it.

So... Go For It!!! :thumbs:

RUN, don't walk, and don't argue too much about the price, just buy the damn thing! :toetap:

When the guy asks around the next day he's gonna be pissed anyway....:mad:

Thanks for the advice everybody. A friend of mine and I are going to go into it together and put about 5k in it afterwards. With us doing all the labor ourselves we should end up with a pretty nice little 64. Keep it for a little while (let the mom drive it to work a couple times) then sell it. Thanks again!

I hope this isn't a trolling thread...

Wow, I thought my $20k deal 6 years ago was a good one.
Kerrmudgeon has the best avatar of all time!:rock:

Nope. If I end up purchasing the car this weekend I'll post some pics immediately.

:crazy2:I would meet the owner 1st thing in the morning before its gone or before he does a little research on his own

Why would you wait? I would have bought it before I said anything here and posted pics with bought price.. hmmm glwb..

The car is 2.5 hours away. I have a few pics I could post but I'd rather not. Have to wait for the weekend for a possible purchase.

I think taking the day off from work and heading on over tomorrow would be a good idea...

Well I would but I was just told about the car today and I wasn't lead to believe he's actively trying to sell the car so I think I can wait for the weekend. If it's gone it's gone and I learned my lesson . Hopefully that's not the case.

:nopity

well anyway thanks for all the help and wish me luck!

Heck NO!!!! Give me his number. I would not want you to trouble yourself.
:rock:

Good luck and I hope it works out well. Just remember, people are really funny once they get it in their mind to sell a car they've had for a long time - especially one priced as seemingly aggressive as this one...He's going to let it go to the first one with a little cash deposit in hand...

I hope we get to see some great photos soon!!

Yep troll thread.. lol.. Gobot, I hope you get it!!

You guys are terrible. Tell Gobot the truth. He’ll have 40K in it by the time he’s almost happy with it. And it still won’t be a frame-off restoration. This is one of those cars that will very quickly suck you under. He stated up front that it needed paint and interior. If it needs that, you know it needs a top also. You know that those three items will be more than what he’s giving for the car. Something that should be considered is whether or not it is an un-hit body. If it isn’t, I would walk away. He’s already said that he’s interested in a quick flip. This is ’64. His best profit will come from getting it to move down the road safely and pass state inspection. After that everything will have a diminishing return.

Well after receiving a few pictures of the car I still think it's worth it. The car is currently being driven so i have to assume it passed it's last inspection because I could see it didn't have historic plates. I have no intention of doing a complete restoration and it will by no means be a show piece. Just something decent to look at that will be fun to drive on the weekend for someone. The hard top seems to be the best part about the car so I don't have to worry about that.

Against my better judgment I decided to post a couple pics to see if you guys still felt the same about the car. Let me know. Thanks.

I would still go for it for that price. 65 big block hood looks better anyway. if you don't want to keep it I would clean it up and then flip it. I would price it in the mid 20's

Hard to tell but in the second pic that pillar doesn't look too good. If I were you I'd be checking real good for rust in the bird cage and frame.

Yeah it's hard to tell in the pic. The ones I have are a little larger and it looks like the gasket needs to be replaced but the pillar doesn't look too bad. I'll definitely be taking a closer look when I go to inspect the car.

For $12k and it's on the road, if you had your location posted in your profile I'd be drawing a 2.5 hour circle on the map trying to find it. :D

Lol I thought I did. It would be quite the drive for you.

Go for it, and good for you for getting the guy to talk about selling. I find all too often I know where the project cars are and talk to the owner. But I get the same old store yeah I’ll get to “that one” some day.

If its a "real" '65 Big Block hood - its worth a good amount of $$.

Be sure to sell the '65 hood separately and get a correct '64 hood for re-sale/flip.

I know of a 64 convertible with no engine, transmission, or interior, that sold for more than $12k in the past few years.

If that car isn't rusted out (frame, birdcage), it's closer to a $18k-$20k car

Gobot...

I'd be going now, and not waiting until this weekend for this car at $12k. :thumbs:

Look it over very well, the front end might have been bumped in the past.
Pull the glove box and look at what you can see of the birdcage there.
I'm like you, it would pull me in too.

I could spend 15 min looking at this car and if I was satisfied hand over $12K and never put the key in it.

For $12K who cares if it runs.

You guys jinxed it! I talked to the guy last night and he decided to sell the car to his best friend. I guess he must have mentioned that he was selling it and his friend wouldn't let him. Sucks! I have his friends info so if he doesn't buy the car or decides to sell it himself I'll be first in line.

:(

Good things come to those who wait but not to those who wait too late.......... Wasn't that in a song?

This scenario has happened before, and it will happen again.

C1's and C2's are very popular cars. I don't think that will EVER change :thumbs:

Anytime a complete car is offered at a bargain basement price, be prepared to act IMMEDIATELY, because tomorrow it will be gone.

This is just a phishing post

The jinx was on the minute you talked about it before buying it. Rule #1 in buying old cars.
I don't think the forum had anything to do with you not getting it :cheers:

Oh I know but it makes me feel better to blame someone else.

That's exactly what politicians do.
:D

The good ones do. :D

:rofl:

If you are ever lucky enough to be in this position again, as soon as you THINK you have him ready to sell, show up at his door with green cash. If security bothers you take a friend but go there and show him the money and say "I'm ready to make the deal right now".

And have a plan in place to move the car that day. Whether it's all the way home or just to a newly-rented storage place around the block, take possession as soon as it's legally yours.

The above does NOT apply if you and I are both after the same car at the same time! :lol: