vettebuyer6369

I hear people say C2 sales are soft overall, but a quick peek at the For Sale section here has 26 "Wanted to Buy" C1 or C2 ads today, mostly C2s.

I think people are warming up to spending money more these days. What do you think?

69red

Good cars priced well sell quickly. Overpriced and/or cars with issues may take a long time to find a buyer.

6T5RUSH

Vettebuyer5869,

I agree with 69red. A friend of mine just put money down on '63 convertible. It's been sitting in a heated garage for 6 years. It's a 2 top car with a 1 repaint (although the wrong color) originally a Silver Blue is now closer to a Daytona Blue. 4 speed car with a NOM but comes with the original 340 HP block AND a ton of parts. With very little maintenance, it's good looking and a running driving car. The car is solid as is. 30K!!!

I'll post more on it when the deal is done.

Jim
In God We Trust!

65tripleblack

Last hurrah before they die. Soon these same cars will be used as coffins, flower pots and whimsical displays like "Cadillac Ranch".

65tripleblack

Without a doubt the least desirable midyear model.

'66BarnFind

This time of year tends to be soft for discretionary purchases like classic cars. Family and holidays require a lot of attention. Things will pick up in early spring.
I wouldn't give up on mid year Corvettes as collectables yet, younger
generations may appreciate them more than we think.

Easy Rhino

They were hot enough when I was shopping and bought my '65 in March of this year.

Bowtyeguy

I had my 66 Mosport # matching for sale and couldnt get 46k for it. I will bring it back out in the Spring for more.

chevahaulic

A lot of " late in the day " investors looking for that deal. Some of the ads I have viewed are cars bought and up for resale a month later, same mileage, 8-10 grand more on value.
I have been looking for a C-1 the past couple years. I can't see the value in a 35k sale that needs a rebuild. If you purchased your C-2s like I did a decade or so ago under 7k and can sell for 40k I would say its time to move on. I don't enjoy driving them,.... more like decorations in the shop. Value is arbitrary. If it lights your wick and you have extra cash ... great. The new generation isn't all that impressed with them. Older owners are turning to new with all the creature comforts ( or buying comfy chairs in condos, south Florida. The real picture is the ads are full of over market priced examples.
I did buy another 63, a two door Bel Air flat top sedan. It was a former carrier of a 409. The expensive engine was sold so the plan is to remove the blue split window engine / trans and place it in the Bel Air. No a/c, p/s but more room and a gas to drive. I can also get in and out without wrenching my back.

Rich Yanulis

Here is the way I see it.......

Vintage Corvettes are an expensive hobby.
This is not a young man's game, "most" Buyers are in their 40s, 50s or 60s.

The Stock Market has been on a nonstop bull run since 2009, hitting a record high this week.
Some (not all) Baby Boomers have built up a nice nest egg and have never been more financially secure.

Collector Cars are a very discretionary purchase.
So, as long as the Market continues to do well, so will car sales.
When the Market eventually slows, spending on toys will suffer.

futura

Sold my matching # 64 two top Vette for high 30's. There was with a foot of snow on the ground back in January. The new owner is 70 and always wanted a Corvette. Could have waited for more money but we were planning on moving and Craigslist made it easy.

'66BarnFind

I took note of Fozz's '65 #s matching silver coupe that he couldn't sell for 37.5K last month. There also was the '64 well documented silver coupe in AZ that sold for 39K but it took a while. These were among others that seemed fairly priced but interrest was light.
Whether it's seasonal or a larger trend only time will tell.

ChattanoogaJSB

The cars will eventually fail to keep up with inflation- but who cares?! They will do better than a new c7 or 911, at least.

I'm 34, even if prices will fall I'm not "investing" in cars- so I'm not waiting for a generation to pass their car buying years before enjoying mine simply to save $.

6T5RUSH

Joe, can relate to that ranch. Wife & I did the Route 66 last May of 2013. Those Cadillacs were standing tall on their nose. Must have been 2" of spray paint on 'em from all the years by "Kilroy was here" folks. Hmmmmm. Wonder if a dozen or so Vettes buried nose would generate as much interest there.





Least desirable or not, my friend had a '63 convertible in '76, so he's giddy with excitement on this purchase.

Jim
In God We Trust!

65hihp

these comments are sure to put a positive spin on the conversation. Who pissed in tripleblack's Fruit Loops this morning?

JLSmith

I don't know if my story is typical or not but I've been a fan of these cars for over 40 years. I tried to buy one in high school but couldn't afford the insurance. Later, with kids and family, it just wasn't practical. Now, in my mid 50's, my two kids finally through school and gainfully employed, I was in a position to finally pull the trigger. I just bought a '66 convertible after looking for several months. Most of what I found had issues, few options, or a high sticker. Those that seemed interesting seemed to go pretty quickly. So, to me, the recent market seems strong. The best part for the future? My 22-year old daughter has already claimed my car as hers when the time comes. (Hopefully, not for a long while.)
- Jeff

rich5962

Tried for 2 months to sell my friend's '56. Bid to 47k first time on ebay, no sale. Soft Top(working Power Top), NO HardTop. Had a buyer offer 54k, we accepted it, and ready to wire transfer a deposit. he backed out at the last minute due to family health issues(maybe/maybe not).

Then had 3 interested parties at $54k, including HardTop. No one took the deal.

I brought the car back to my friend's house. He's going to put it on the road and drive it this winter here in FL.

Rich

Frankie the Fink

I think the garden variety C1s may be getting to be a harder sale unless they are restomodded. The generation that remembers them is moving past their prime purchasing age unless they've been upgraded with newer comfort/driveability features. They'll sell - just takes more work. I will restomod mine or sell it in the next 3-5 years I'm pretty certain.

Can't say as to most C2s but I know I have been rejecting offers on my '63 coupe at least monthly...

dahogan

I too get several offers a year for more than what I paid 5 years ago. Seems people who want a coupe also want ac which it has and they want a midyear that's already restored and is reliable. Its however an older crowd, but nevertheless she is not for sale.

capevettes

I have had several offers for my 65 for far more than I paid for it 43 years ago

The prices historically seem to mirror the economy. The stock market is high and alot of baby boomers have more disposable income now. The really nice, original cars with special options always bring strong money.