Price differences
#1
Price differences
Can anyone tell me what the price difference of same condition 63 to 67 coupes with original motor and non original motors, looking at finally buying a c2 driver in really good shape but don"t want to go overboard when it comes time to choose. I know it"s a broad question but just looking for others input.
Thanks in advance!
Thanks in advance!
#2
Le Mans Master
This topic has been beaten to death. Some think it's no big deal to have a NOM, because that's what they own. Those of us with cars that are still original think, substantiated by actual sales results, they are worth a lot more. My SWAG is at least a 20% premium for documented originals.
Jim
Jim
#3
Ive got the original motor in my car, but its a 300 horse 67.. I will say this, the numbers match the vin.. I haven't looked real hard as I bought the car to do a tribute car for my late father.. His favorite car ever was a 67 435 horse car, so that's what im doing with mine. Its not for sale, but that info would be fully disclosed if it ever was.. However, Id try to buy a numbers matching car, they command a premium over NOM cars.. But if you aren't trying to judge it, then buy what you like!! You can even buy a documented original motor car and swap it for something you can beat on..
#4
This topic has been beaten to death. Some think it's no big deal to have a NOM, because that's what they own. Those of us with cars that are still original think, substantiated by actual sales results, they are worth a lot more. My SWAG is at least a 20% premium for documented originals.
Jim
Jim
#5
Thanks for the input, I plan on driving it, just want to get a good solid car and don"t want to over pay if its got a NOM. I know documented is better in the long run if you plan on reselling, but plan to have it for a long time, so a NOM coupe is alright for me. If I happen to get an original at a good price I will take it.
Thanks again
Thanks again
#6
Team Owner
Can anyone tell me what the price difference of same condition 63 to 67 coupes with original motor and non original motors, looking at finally buying a c2 driver in really good shape but don"t want to go overboard when it comes time to choose. I know it"s a broad question but just looking for others input.
Thanks in advance!
Thanks in advance!
#7
Thanks for the input, I plan on driving it, just want to get a good solid car and don"t want to over pay if its got a NOM. I know documented is better in the long run if you plan on reselling, but plan to have it for a long time, so a NOM coupe is alright for me. If I happen to get an original at a good price I will take it.
Thanks again
Thanks again
#8
Team Owner
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#9
Can anyone tell me what the price difference of same condition 63 to 67 coupes with original motor and non original motors, looking at finally buying a c2 driver in really good shape but don"t want to go overboard when it comes time to choose. I know it"s a broad question but just looking for others input.
Thanks in advance!
Thanks in advance!
http://forums.corvetteforum.com/c1-a...omparison.html
if you explore the Valuation Tools section, it'll list the condition and sales reports
http://www.hagerty.com/valuationtool...ort?vc=1327525
Last edited by ifitgoesfast; 06-21-2013 at 09:54 AM.
#10
Melting Slicks
It seems to be starting to flip flop on the resto rod side too. I have my original engine but the reason why I bought the car was the combination of the original engine and the 1995 LT1 that's in the car.
As time goes on more and more people don't like the idea of dealing with carbs or other old car issues. Give me something I can go outside, turn the key, and drive any time and I'm on board. And yes, I know carbs are fine, but I'm just saying the general sentiment in the market is swinging towards classic looks with modern tech.
As time goes on more and more people don't like the idea of dealing with carbs or other old car issues. Give me something I can go outside, turn the key, and drive any time and I'm on board. And yes, I know carbs are fine, but I'm just saying the general sentiment in the market is swinging towards classic looks with modern tech.
#11
Pro
Always a matter of what the buyer wants. I am an original guy. A restomod holds no interest for me. But, there are many who prefer them. It depends on the buyer. I even shy away from C1's that have upgraded disc brakes. I grew up on these cars, so I see no problem with what brakes they came with. Same with carbs and ignitions. The original systems really never ever gave me trouble. Same as the BB over the SB. Had one BB once. It was a nightmare for me on maintenance. I am a devote SB fan because of that experience. Though I like the looks of side pipes, a ride in one to me, is almost torture. Again I grew up riding in these cars. If you like them, that is wonderful. It is a great reason that Chevy made different options for those that had different ideas as to what is perfect to them. Since I am now a driver and not a racer, a fairly boring low horse power car is great to me. Probably has not been beat on and is always low tech, low maintenance and just a pleasure to chase ice cream cones in. If I were to pay more for a high performance car, it would be because of what my intentions are with it. If it is to resell, I would pay more hoping it would increase in value as I own it. If I am just going to enjoy the ride, the low tech car would be my choice. Not all will agree, and that is OK for them and me.
#12
I have owned and enjoyed 3 different C-2 cars over the last 10 years or so. I have enjoyed them all and none of them were matching numbers cars. There are several advantages when buying non original cars; they are cheaper to buy, you are not afraid to thrash on it a bit in fear you may blow the sucker up and they do not drive one bit different than one with matching drive train. It is all relative since you pay less when you buy your expectations are less when it is time to sell it. In my humble opinion buy and drive what you like regardless of the matching numbers thing. And most of all get out there and enjoy it you will be amazed at the you get.
#13
Melting Slicks
Sure, owners tend to defend what they own be it a NOM or a numbers car. Nobody likes to have their car bashed. My observation has been the numbers crowd, mainly investors, tries hard to sell the value of numbers hoping to pump up the prices. I don't see nearly as many NOM owners doing the opposite. A NOM is a perfectly valid choice for those who don't care about originality or wish to spend their money on other things.
Probably a good guess. Documentation being very important when considering high performance cars, more likely to be faked.
BTW: I owned a 67 big block convertible for about a year, a NOM. A driver which I brought to Carlisle, last minute change when my everyday car blew a power steering hose. I parked the car with all other non Corvettes, hadn't planned to sell it. None the less every time I came back to drop off parts I had bought, someone was waiting to ask if I'd sell it. Some were put off by the NOM, no big deal. Others were not. I sold the car that day. The fact it was a NOM wasn't a big deal to some, most likely sold for less than an original. OK, I hadn't paid the price for an original in the first place...
#14
Le Mans Master
Why would it be a big deal if someone owned a NOM? Is it a mark of shame?
It's not a mark of shame. Original is simply worth more.
I rarely see NOM Corvettes for sale, where are you finding this wealth of sales information?
The vast majority of C-1 & C-2 Corvette's are NOM and actual sales prices show that original cars are worth more than those are not.
A NOM is a perfectly valid choice for those who don't care about originality or wish to spend their money on other things.
I agree
It's not a mark of shame. Original is simply worth more.
I rarely see NOM Corvettes for sale, where are you finding this wealth of sales information?
The vast majority of C-1 & C-2 Corvette's are NOM and actual sales prices show that original cars are worth more than those are not.
A NOM is a perfectly valid choice for those who don't care about originality or wish to spend their money on other things.
I agree
#15
Melting Slicks
I have an observation to make on this Topic. It seems to me that more 63 owner's look at 67's than 67 owner's look at 63's. Just a thought, nothing more. Al W.
#16
Melting Slicks
I rarely see NOM Corvettes for sale, where are you finding this wealth of sales information?
The vast majority of C-1 & C-2 Corvette's are NOM and actual sales prices show that original cars are worth more than those are not.I'm not disputing this, just saying I rarely see a NOM Corvette for sale, makes it harder to estimate the premium paid for numbers. Are there many admitted NOM C2's for sale? When I look at C3's, you'd think it was very rare to find one without matching numbers. Could just be a different crowd.
Can anybody say for certain whether a C1 is a NOM or not? When did Chevrolet begin to stamp partial VINs on the blocks?
A NOM is a perfectly valid choice for those who don't care about originality or wish to spend their money on other things.
I agree[/QUOTE]
The vast majority of C-1 & C-2 Corvette's are NOM and actual sales prices show that original cars are worth more than those are not.I'm not disputing this, just saying I rarely see a NOM Corvette for sale, makes it harder to estimate the premium paid for numbers. Are there many admitted NOM C2's for sale? When I look at C3's, you'd think it was very rare to find one without matching numbers. Could just be a different crowd.
Can anybody say for certain whether a C1 is a NOM or not? When did Chevrolet begin to stamp partial VINs on the blocks?
A NOM is a perfectly valid choice for those who don't care about originality or wish to spend their money on other things.
I agree[/QUOTE]
#17
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Personally, I've NEVER seen two cars that are in identical condition. That's the biggest reason for the disparity of price.
#19
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