Jarmo

Guys - a serious question for all.

Does my Can Am have any real investment value?
Car is a matching Nos 73 BB turbo 400 convertable with h/top but has a Can Am body & BIG wheels, R/hand drive conv.
Minor engine mods - cam , carb ,extractors & duals.

Having been around the forum for about 4-5 years , the perception I get is that modified body vettes are really considered a novelty with no real investment value ( unless you build "Merlin" in which case you lose squillions.)
Changes in my situation mean I have a serious choice to make - keep the vette (at a re-buy cost) or sell immediately. Not a easy one.
What is the consensus?
Would anyone buy such a car?
How much would you pay?





:confused: :cry :( :cuss :nonod: :sad:


[Modified by Jarmo, 2:39 PM 12/16/2002]

Jarmo

TTT

No replies answers the questions I suppose.

Might get a Ricer - they're faster & more saleable

:sad:

gkull

Yours is a very special car and on the other side of the world. I wouldn't have any idea of how to price it.

I could never sell mine for half of what it cost me build. But I could tell you how much it would cost to duplicate mine. Go buy a 79 L-82 with a nice interior for $10-12K Install my motor, tranny, and rearend for about $15K. Put on $2500 of tires and wheels. Install a roll cage Spearco seat and 5 point harness for $2000. Put on a Datona front end and paint job for $8000

SmokedTires

I really comes down to something only being worth what someone is willing to pay for it. This is both good & bad. Good to the guy that is buying, but bad for the guy who's sentimental value is sooooo much higher.

You can try advertising it and see what kind of interest there is, or if it's not worth you letting it go for a certain amount, by all means keep it ! :cheers:

SuperFast80

Well I think that Can Am body kicks serious butt. It might not be any more valuable than any other '73 (unless you could produce some race, show or tuner lineage - ie John Greenwood) but if I were you I would keep it.

I am sure where you are from, you are 'the' Corvette guy with such a beast. Its not about the money or all of us would be driving something else. Its what the car does for you personally. If I could afford to, I would definately keep it. :yesnod:

Wrencher

I think it's probably worth plenty, but it is a very limited market. It all depends how fast you need to sell...

Hans

JCL

Jarmo. Great looking car. I would like to own a wide-body someday, but got my sights on a new Z06 first. Your missing one thing though...... SIDEPIPES.
JCL :yesnod: "Have baffles.Will travel"

74-Roadster

I'd keep the car if possible. That said, how much will you have to pay?

Robd

:iagree:
It’s a custom. Steve’s "Merlin" is by far an investment car because he said so himself, will never get what he has in it. I'm by no way bashing customs (I love them) but obviously as we restore our cars we usually go one of two routes customize (mild - wild) or factory correct. I feel that the world in general loves customized Corvettes and if done well, don’t affect value much at all however when you veer off that road of normalcy, opinions vary. As said above Corvettes are only worth what people are willing to pay for them.
Just my .02 Good Luck

Jarmo

Thanks for the replies gents

The situation is a complex deal but to keep the car I will have to pay "market value" or sell.
Guess I'm trying to guage wether paying for the car again is wise ( depends if it will appreciate or not )
Definitely would like to keep it but it is not an emotional decision.
Currently values here are between $A 18,000 and $A35,000 for stock c3's.
i.e. $8,000 - $19,000 US
Have a bit of time to sort it out but Xmas / New Year period doesn't help.
:cheers: