Advice on buying a small block or big block
#1
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Advice on buying a small block or big block
I am in the market for '67 convertible. I'm looking at 350 small block cars or BB cars. I'm finding numbers matching SB cars in the $70k range.
One BB car I'm looking at is a tank sticker and ownership history documented 435 car. However it has a NOM and is not painted in it's original color. I've seen documented 435 cars in the $150k range. The owner won't sell for less than $100k.
I know it's hard to give hard to give advice without specific cars. But I'm hoping for opinions on if these are reasonable prices for the cars and which one will have a better investment potential.
All advice and comments are appreciated.
One BB car I'm looking at is a tank sticker and ownership history documented 435 car. However it has a NOM and is not painted in it's original color. I've seen documented 435 cars in the $150k range. The owner won't sell for less than $100k.
I know it's hard to give hard to give advice without specific cars. But I'm hoping for opinions on if these are reasonable prices for the cars and which one will have a better investment potential.
All advice and comments are appreciated.
#4
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#5
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Do you have another set of eyes looking with you? Someone who knows C-2's is priceless. There are more BB cars now then were actually built at the factory. Small block's are SO easy to work on compared to the BB cars. Dennis
#6
Safety Car
Think about how you want to use the car. People who frequently drive their cars often choose the small block over the big block because small block cars are better balanced, easier to work on, get better fuel mileage, and have less of a tendency to overheat. Of course, a well tuned big block is a great driving car and plenty of owners drive their big blocks. I own a '67 small block convertible and a '67 big block coupe and love them both.
As far as investment potential, it's hard to predict the future. Big block cars have been more valuable for a long time, but I think quality small block cars have actually appreciated more in the last couple years than big blocks (although they're still not as valuable as quality big blocks and probably never will be). Whether that trend continues is anyone's guess. The main thing to consider, whether it's a big block or a small block, is to buy quality. REAL documentation helps a lot. If you don't know these cars very well, have any potential purchase inspected by an "expert". Good luck!
As far as investment potential, it's hard to predict the future. Big block cars have been more valuable for a long time, but I think quality small block cars have actually appreciated more in the last couple years than big blocks (although they're still not as valuable as quality big blocks and probably never will be). Whether that trend continues is anyone's guess. The main thing to consider, whether it's a big block or a small block, is to buy quality. REAL documentation helps a lot. If you don't know these cars very well, have any potential purchase inspected by an "expert". Good luck!
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There is absolutely nothing reasonable about 100k for an NOM and color change car. Frankly, what it used to be isnt helping it much at all.
Personally, I like small block cars better for driving more often.
I think if you shop you can do better on a matching 70k 350hp, too.
#8
Safety Car
There seems to be a premium on cars for the 1967 model year, and a premium again on a Big Block car.
100K for a nom/nop? Yeah, right.
You can get a LOT of small block car for $70K.
1967 L79 CORVETTE CONVERTIBLE,BOTH TOPS - $65000 (VENTURA)
Decide what you want... no shame in base motors, if you got the coin, and fancy a BB, that is cool too, proceed with caution.
The best thing you can do, is hire somebody who knows Mid-years to do a thorough inspection of your potential purchase. It will give you an idea of the condition, originality, and value of the car before you purchase. You may have to do this several times before you find "the one"... but spending a little money before a purchase can prevent the spending of LOTS of money after.
100K for a nom/nop? Yeah, right.
You can get a LOT of small block car for $70K.
1967 L79 CORVETTE CONVERTIBLE,BOTH TOPS - $65000 (VENTURA)
1967 CORVETTE CONVERTIBLE WITH IT'S ORIGINAL 327 / 350 H.P. L79 ENGINE, 4 SPEED TRANSMISSION, 336:1 POSI REAR END, BOTH HARD AND SOFT TOP, AM/FM RADIO, POWER STEERING, ETC. THIS CAR HAS A NO HIT BODY AND IS IN PERFECT CONDITION NEEDING NOTHING. ORIGINAL TANK STICKER, SPARE, JACK, WRENCH, ETC. MARLBORO MAROON, BLACK INTERIOR AND CONVERTIBLE TOP. PRICE IS $65,000.
The best thing you can do, is hire somebody who knows Mid-years to do a thorough inspection of your potential purchase. It will give you an idea of the condition, originality, and value of the car before you purchase. You may have to do this several times before you find "the one"... but spending a little money before a purchase can prevent the spending of LOTS of money after.
#9
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There seems to be a premium on cars for the 1967 model year, and a premium again on a Big Block car.
100K for a nom/nop? Yeah, right.
You can get a LOT of small block car for $70K.
1967 L79 CORVETTE CONVERTIBLE,BOTH TOPS - $65000 (VENTURA)
Decide what you want... no shame in base motors, if you got the coin, and fancy a BB, that is cool too, proceed with caution.
The best thing you can do, is hire somebody who knows Mid-years to do a thorough inspection of your potential purchase. It will give you an idea of the condition, originality, and value of the car before you purchase. You may have to do this several times before you find "the one"... but spending a little money before a purchase can prevent the spending of LOTS of money after.
100K for a nom/nop? Yeah, right.
You can get a LOT of small block car for $70K.
1967 L79 CORVETTE CONVERTIBLE,BOTH TOPS - $65000 (VENTURA)
Decide what you want... no shame in base motors, if you got the coin, and fancy a BB, that is cool too, proceed with caution.
The best thing you can do, is hire somebody who knows Mid-years to do a thorough inspection of your potential purchase. It will give you an idea of the condition, originality, and value of the car before you purchase. You may have to do this several times before you find "the one"... but spending a little money before a purchase can prevent the spending of LOTS of money after.
I will disagree with all others here on the NOM 435 car you described. If it has documentation and a correct (but non original) engine, it could be worth $100k. I haven't seen a real 435 car in #2 condition with a restoration engine or correct service replacement engine sell for less than 100 in a long time. Then again, if it has a 2 bolt 454 it would hit the value pretty hard. Would need to have a lot more information to judge its value
Last edited by SupremeDeluxe; 10-20-2014 at 07:29 AM.
#10
Melting Slicks
'Investment Potential' is a justification invented by us car freaks to 'sell' the money spent to our wives Making money on a classic car is the exception rather than the rule.
#11
Team Owner
I am in the market for '67 convertible. I'm looking at 350 small block cars or BB cars. I'm finding numbers matching SB cars in the $70k range.
One BB car I'm looking at is a tank sticker and ownership history documented 435 car. However it has a NOM and is not painted in it's original color. I've seen documented 435 cars in the $150k range. The owner won't sell for less than $100k.
I know it's hard to give hard to give advice without specific cars. But I'm hoping for opinions on if these are reasonable prices for the cars and which one will have a better investment potential.
All advice and comments are appreciated.
One BB car I'm looking at is a tank sticker and ownership history documented 435 car. However it has a NOM and is not painted in it's original color. I've seen documented 435 cars in the $150k range. The owner won't sell for less than $100k.
I know it's hard to give hard to give advice without specific cars. But I'm hoping for opinions on if these are reasonable prices for the cars and which one will have a better investment potential.
All advice and comments are appreciated.
#12
Le Mans Master
That's a super nice L79. It used to be owned by a member here who did a lot of the work on it. I personally saw and worked on this car a few years ago. If timing was slightly different, I would buy that myself.
I will disagree with all others here on the NOM 435 car you described. If it has documentation and a correct (but non original) engine, it could be worth $100k. I haven't seen a real 435 car in #2 condition with a restoration engine or correct service replacement engine sell for less than 100 in a long time. Then again, if it has a 2 bolt 454 it would hit the value pretty hard. Would need to have a lot more information to judge its value
I will disagree with all others here on the NOM 435 car you described. If it has documentation and a correct (but non original) engine, it could be worth $100k. I haven't seen a real 435 car in #2 condition with a restoration engine or correct service replacement engine sell for less than 100 in a long time. Then again, if it has a 2 bolt 454 it would hit the value pretty hard. Would need to have a lot more information to judge its value
#13
Unless you are highly qualified and experienced (NCRS) to tell a fake BB from a real one, you should be looking to buy an L79 real motor car with a 4 speed and a 370 rear. You will have MORE fun in that car with that motor than almost any combo out there. JMO. I have a 67 BB and a 67 L79. Hands down the L79 is more fun to drive. Both are pipe cars. You'll have a ball, and your money will be well spent and if bought right, will APPRECIATE as opposed to spending money on a potentially fake that car that will be worth HALF of what you paid for it once someone determines it to be a made up car. ARA
#14
Burning Brakes
My advise is buy whatever is the most original with a tank sticker if you want a 67.
The grass is always greener on the other side. I have a 67 vert L79 orig powertrain tank sticker and always wanted a BB. Tried to trade up many times but chickened out as I knew what I had and was afraid to jump into the unknown.
Fast forward, currently having car painted orig color: goodwood green, The painter, who owns 3 BB 67 vettes, says he cant believe how easy the car is to drive (and does not overheat).
I drove the car in traffic two hrs and he was baffled that I did it in rush hour traffic, and I was like why not. I plan to do the same when I pick it up.
Most 60's Corvettes were beat to hell in the 70's if they weren't in the 60's already. So anything with documentation is a good thing as it can give the illusion it was a good car.
P.S Try to find a nice C6 Z06 without mods today.....its impossible.
The grass is always greener on the other side. I have a 67 vert L79 orig powertrain tank sticker and always wanted a BB. Tried to trade up many times but chickened out as I knew what I had and was afraid to jump into the unknown.
Fast forward, currently having car painted orig color: goodwood green, The painter, who owns 3 BB 67 vettes, says he cant believe how easy the car is to drive (and does not overheat).
I drove the car in traffic two hrs and he was baffled that I did it in rush hour traffic, and I was like why not. I plan to do the same when I pick it up.
Most 60's Corvettes were beat to hell in the 70's if they weren't in the 60's already. So anything with documentation is a good thing as it can give the illusion it was a good car.
P.S Try to find a nice C6 Z06 without mods today.....its impossible.
#16
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Thanks to everyone for taking the time to reply and give me some good feedback. Based on the consensus, I'm not going to pursue the NOM BB car.
While I really would like a '67, it seems like you can get more car for the $ with a '65 or '66. So I'm considering them as well. I've come across a 2 owner numbers matching 427/390 car. There isn't any documentation to verify that, other than a letter from the 2nd owner stating he bought the car in the the mid '80s as a numbers matching car. The stamping appears to be original.
The car is repainted in a non original color, which makes me hesitant to pursue the car. But I've been told that having the original engine is much more important than being painted the original color. The owner is asking in the upper $60's for the car. Is that a reasonable price for that car? From what I've seen, it appears to be.
The car is in New Jersey. So I would ask for advice on who to contact in that area to look at the car for me.
Thanks again!
While I really would like a '67, it seems like you can get more car for the $ with a '65 or '66. So I'm considering them as well. I've come across a 2 owner numbers matching 427/390 car. There isn't any documentation to verify that, other than a letter from the 2nd owner stating he bought the car in the the mid '80s as a numbers matching car. The stamping appears to be original.
The car is repainted in a non original color, which makes me hesitant to pursue the car. But I've been told that having the original engine is much more important than being painted the original color. The owner is asking in the upper $60's for the car. Is that a reasonable price for that car? From what I've seen, it appears to be.
The car is in New Jersey. So I would ask for advice on who to contact in that area to look at the car for me.
Thanks again!
#17
Enjoy while you can.
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I have a '66 L79 4 sp with a 370 rear by choice and it took me 3 years to find her. No regrets
#18
Pro
Mr RRVette,
For the 100K, you can buy a small block, and do the same as the seller did, andbe several 100$' less in it. But a small block with the mouse motor (327/350) will give your hours and hours of enjoyment, and have alot 0f 1000$ left to invest.
spend it on a mid-year that trips your trigger. There are lots to chose from, and you'll find one.
OLD Cluesha'" If you miss a deal, there is always one right around the corner"
max
For the 100K, you can buy a small block, and do the same as the seller did, andbe several 100$' less in it. But a small block with the mouse motor (327/350) will give your hours and hours of enjoyment, and have alot 0f 1000$ left to invest.
spend it on a mid-year that trips your trigger. There are lots to chose from, and you'll find one.
OLD Cluesha'" If you miss a deal, there is always one right around the corner"
max