What is it worth?
#1
Le Mans Master
Thread Starter
What is it worth?
I may have an opportunity to purchase a '63 SWC from someone in my family. He has owned the car since new. It is the 327/300hp, and he claims it is all numbers matching. I think he did have the engine rebuilt about 20 years ago, but that is about it. The car runs and drives very nice, with no apparent mechanical issues.
The car had a color change back in the late 60's, from blue to yellow, and it has been repainted yellow once more since then. The car wasn't in any accident or anything. He just decided that he wanted it yellow instead of blue. The paint has quite a bit of spider-web cracks in it, and the chrome is pitted in a few places. It is a Texas car and has always been kept inside, so I don't really expect any major rust issues. He just recently had the dash pad replaced due to sun cracking. Other than that, the car is pretty much an untouched, unmodified, original car. I'd say that it is currently a very original, good running, driver quality car. If I got it, I'd want to have it fully restored and returned to its original color, and I know that is a $$$ job. What do you guys think a car like this is worth? I don't currently have any pics, but will post some next time I go visit him.
The car had a color change back in the late 60's, from blue to yellow, and it has been repainted yellow once more since then. The car wasn't in any accident or anything. He just decided that he wanted it yellow instead of blue. The paint has quite a bit of spider-web cracks in it, and the chrome is pitted in a few places. It is a Texas car and has always been kept inside, so I don't really expect any major rust issues. He just recently had the dash pad replaced due to sun cracking. Other than that, the car is pretty much an untouched, unmodified, original car. I'd say that it is currently a very original, good running, driver quality car. If I got it, I'd want to have it fully restored and returned to its original color, and I know that is a $$$ job. What do you guys think a car like this is worth? I don't currently have any pics, but will post some next time I go visit him.
#2
Burning Brakes
Need more info and pix.
My guess $40-$80K depending on work needed to be done. To make a restored show car will cost $20K+ just to get going, and that's if you do all of the work. If you want to drive it and have fun. cost is minimal.
A low optioned car might bring $100K+ if restored. There is currently a 63 coupe for auction (see posting here). No reserve. Watch and see what it goes for. Also, it is fun reading all of the comments from the so-called experts on this car at the site of the auction. If you'all are just sittin' around and have a few, tune in its a hoot
I'm guessin' it will go for $89K. Anyone else out there care to take a guess?
A low optioned car might bring $100K+ if restored. There is currently a 63 coupe for auction (see posting here). No reserve. Watch and see what it goes for. Also, it is fun reading all of the comments from the so-called experts on this car at the site of the auction. If you'all are just sittin' around and have a few, tune in its a hoot
I'm guessin' it will go for $89K. Anyone else out there care to take a guess?
#3
Le Mans Master
I don't see any 63s going for under 50k that are running cars. Start there and figure it will be 10-15 to paint, probably more because it will have to be stripped and the chrome will be expensive to do. If you just want one to drive stay under 60k on it.
#4
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Unless there's family history involved with that car, I'd buy one that has already been restored or at least has different paint. You'll be money ahead. But if you're determined to be in that car, I'd try to stay as close to $60,000 as I could.
Post pix if you can - I'm curious to see what one looks like in yellow.
Post pix if you can - I'm curious to see what one looks like in yellow.
#5
Le Mans Master
Thread Starter
Unless there's family history involved with that car, I'd buy one that has already been restored or at least has different paint. You'll be money ahead. But if you're determined to be in that car, I'd try to stay as close to $60,000 as I could.
Post pix if you can - I'm curious to see what one looks like in yellow.
Post pix if you can - I'm curious to see what one looks like in yellow.
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WIW thread moved from Cars For Sale classifieds to General discussion area.
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#8
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That said, this supposed car is entirely hearsay, so who knows? I've seen cars that were considered "running", but were only so in the academic sense, when in fact, they were actually basket cases that started up.
On the other hand, if all it needs is paint and some chrome, then I'm back and all in at the 40K mark.
OP, to avoid any hard feelings - which are obviously worse where family is involved - get it professionally appraised (maybe even split the cost with the seller - by deducting 1/2 of the appraisal cost from the sale price). That way you avoid suffering by overpaying, or for being the 'bad guy' for taking advantage of a family member by underpaying.
#9
Melting Slicks
I'm thinking high 40's to 60's depending on condition. Rough cars are going for 30's to 50's.
#10
Drifting
"I may have an opportunity to purchase a '63 SWC from someone in my family. He has owned the car since new. It is the 327/300hp, and he claims it is all numbers matching. I think he did have the engine rebuilt about 20 years ago, but that is about it. The car runs and drives very nice, with no apparent mechanical issues."
This hasn't been the case with the 5 antique cars I own.
This hasn't been the case with the 5 antique cars I own.
#11
Safety Car
If its running/driving and in decent shape with no frame or birdcage issues (and all the 63 ONLY parts) there is no way it'd go for less than $50s money on the open market.
Now, uncle, relations, nephew, family car... maybe that counts for something. But my aunt recently sold my deceased uncles' 65' Convertible AC/Auto Yellow car that I have asked for first right of refusal on for the last 30 years. Without a freakin peep. I only found out about it recently.
(Did anyone buy a car out of VA Beach matching that description?)
Now, uncle, relations, nephew, family car... maybe that counts for something. But my aunt recently sold my deceased uncles' 65' Convertible AC/Auto Yellow car that I have asked for first right of refusal on for the last 30 years. Without a freakin peep. I only found out about it recently.
(Did anyone buy a car out of VA Beach matching that description?)
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#15
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Dealing with family / friends is always a touchy issue.
Save yourself a lot of headache; get a professional, impartial appraisal. Make sure the appraiser is someone that understands C2 Corvettes.
Offering too little could cause hurt feelings, offering too much could cause hurt feelings.
A professional appraisal is a couple of hundred dollars. Spend the money, save a bunch of problems later on.
Save yourself a lot of headache; get a professional, impartial appraisal. Make sure the appraiser is someone that understands C2 Corvettes.
Offering too little could cause hurt feelings, offering too much could cause hurt feelings.
A professional appraisal is a couple of hundred dollars. Spend the money, save a bunch of problems later on.
Last edited by emccomas; 02-23-2015 at 12:02 AM.
#16
Le Mans Master
Thread Starter
And I'll take the ones you don't have parking for at that price.
That said, this supposed car is entirely hearsay, so who knows? I've seen cars that were considered "running", but were only so in the academic sense, when in fact, they were actually basket cases that started up.
On the other hand, if all it needs is paint and some chrome, then I'm back and all in at the 40K mark.
OP, to avoid any hard feelings - which are obviously worse where family is involved - get it professionally appraised (maybe even split the cost with the seller - by deducting 1/2 of the appraisal cost from the sale price). That way you avoid suffering by overpaying, or for being the 'bad guy' for taking advantage of a family member by underpaying.
That said, this supposed car is entirely hearsay, so who knows? I've seen cars that were considered "running", but were only so in the academic sense, when in fact, they were actually basket cases that started up.
On the other hand, if all it needs is paint and some chrome, then I'm back and all in at the 40K mark.
OP, to avoid any hard feelings - which are obviously worse where family is involved - get it professionally appraised (maybe even split the cost with the seller - by deducting 1/2 of the appraisal cost from the sale price). That way you avoid suffering by overpaying, or for being the 'bad guy' for taking advantage of a family member by underpaying.
The car exists. I've known the car for my whole life. I've ridden in it multiple times. I've driven it once. It runs and drives just fine, but is in old, original condition. There is no hearsay. There is nothing "supposed" about the car. But thank you so much for the warm welcome.
#17
Le Mans Master
Thread Starter
Dealing with family / friends is always a touchy issue.
Save yourself a lit of headache; get a professional, impartial appraisal. Make sure the appraiser is someone that understands C2 Corvettes.
Offering too little could cause hurt feelings, offering too much could cause hurt feelings.
A professional appraisal is a couple of hundred dollars. Spend the money, save a bunch of problems later on.
Save yourself a lit of headache; get a professional, impartial appraisal. Make sure the appraiser is someone that understands C2 Corvettes.
Offering too little could cause hurt feelings, offering too much could cause hurt feelings.
A professional appraisal is a couple of hundred dollars. Spend the money, save a bunch of problems later on.
#18
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So, you think I took the time to come to this part of the forum and type up that original post about a non-existent car? Something I just made up? Really? What would be my reason for doing that?
The car exists. I've known the car for my whole life. I've ridden in it multiple times. I've driven it once. It runs and drives just fine, but is in old, original condition. There is no hearsay. There is nothing "supposed" about the car. But thank you so much for the warm welcome.
The car exists. I've known the car for my whole life. I've ridden in it multiple times. I've driven it once. It runs and drives just fine, but is in old, original condition. There is no hearsay. There is nothing "supposed" about the car. But thank you so much for the warm welcome.
We have all kinds on the forum; don't let it bother you.
Unfortunately we also get more than a few "fantasy cars". Some of us are tired of dealing with them.
Keep us posted, sounds like a nice ride.
#20
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Good luck on iot.