When you click on links to various merchants on this site and make a purchase, this can result in this site earning a commission. Affiliate programs and affiliations include, but are not limited to, the eBay Partner Network.
What would be a fair price for the following 1960 Vette?
Non matching numbers 283 engine. 3 speed manual trans, technically well kept up and runs and drives great. (According to seller) Convertible top frame needs work and cover. Needs some interior work, paint and rechromed bumpers..
Car is in California. I will be in California from June 4 to June 7 and might check it out if it is still available by then..
Last edited by GrandSportC3; 05-24-2015 at 08:48 PM.
I have a 1960 Corvette for Sale. Black on Black with a white convertible top. Older restoration car with driver quality paint.
The car is located in Portland, OR
$47500
If you are looking for a project, that car in the mid twenties would be nice.... otherwise, i think I'd look for something that is a little further along.
I think that this thread is an interesting litmus test of the cost of buying a fixer-upper vice a good driver.
I don't think that unless there is some feature that makes this '60 more valuable (e.g., color, engine, etc.), that 25K is steep, and that is only if the parts are all there and are usable as is. It needs paint (duh) at maybe 10K, if the body is very solid, needs to be reassembled (250+ hours??), and may have other other unknown needs. I'm feeling better about 20K-ish on this one, and deduct for dodgy parts and degraded conditions.
If you are looking for a project, that car in the mid twenties would be nice.... otherwise, i think I'd look for something that is a little further along.
The biggest expense on a restoration is the paint job, so if I would want a nice paint job, I would have to spend the same $15k on the $47k as also on the $30k car. I'm not sure of the cost of interior restoration on C1's as I have no knowledge on how much interior parts like dash etc. for C1's cost.. Re-chroming the bumpers is not a major expense..
If I can get it for $25k.. $15k for a excellent paint job puts me at $40k Another $5k for top restoration and interior or would that be more?
If the interior and top could be done for $5k combined, I would have a nice '60 for $45k... However, I'm not sure how much C1 parts cost.. Except for paint and body, I should be able to do all the work myself...
I bought my dash pad off of ebay for $300 straight from Al Knoch. Door panels with arm rests, kick panels, seat exchange, grab bar, - $3k ball park from Al Knoch. Carpet was $230? if I remember correctly. I couldn't find anyone to do the dash pad and the only person I found wanted $800 for the install. It adds up real fast.
I bought my dash pad off of ebay for $300 straight from Al Knoch. Door panels with arm rests, kick panels, seat exchange, grab bar, - $3k ball park from Al Knoch. Carpet was $230? if I remember correctly. I couldn't find anyone to do the dash pad and the only person I found wanted $800 for the install. It adds up real fast.
That's actually less than I thought. So, paint might be by far the biggest expense..
I think that this thread is an interesting litmus test of the cost of buying a fixer-upper vice a good driver.
I don't think that unless there is some feature that makes this '60 more valuable (e.g., color, engine, etc.), that 25K is steep, and that is only if the parts are all there and are usable as is. It needs paint (duh) at maybe 10K, if the body is very solid, needs to be reassembled (250+ hours??), and may have other other unknown needs. I'm feeling better about 20K-ish on this one, and deduct for dodgy parts and degraded conditions.
Stop and consider that the engine compartment needs work as well. That Carter AFB did not come on a 1960 Corvette. Either a Carter WCFB or two four-barrel carbs. Not to mention replacing all the missing ignition shielding. Rebuilding the wiper motor, and resleeving the master cylinder are just some of the items I've seen from the engine bay picture. "technically well kept up and runs and drives great. (According to seller)".
What's he gonna tell you? It hasn't run in 20 years? Caveat Emptor!! Personally I would shoot for the black 1960. You'll start with less headaches.
Stop and consider that the engine compartment needs work as well. That Carter AFB did not come on a 1960 Corvette. Either a Carter WCFB or two four-barrel carbs. Not to mention replacing all the missing ignition shielding. Rebuilding the wiper motor, and resleeving the master cylinder are just some of the items I've seen from the engine bay picture. "technically well kept up and runs and drives great. (According to seller)".
What's he gonna tell you? It hasn't run in 20 years? Caveat Emptor!! Personally I would shoot for the black 1960. You'll start with less headaches.
Projects are fun. Get a calculator out and add up a few estimate numbers. Then look and see what one already completed cost. I have done a lot of restorations. Several items come to mind to thank about. Paint 10 to 15K, Interior Min 2K, Tires and wheels or caps, 700.00 to 1200.00, Chrome and stainless 2K to 5K. Motor NOM Rebuild or Crate 2K to 4K.. Plus labor on some of the items. But you get what you Want and its a lot of fun.
I'd wade in at 21500$, and expect to have 38K in it. with YOUR CHOICE of colours and parts when you're finished. If you do a lot of your own work.
I can't do paint or bodywork but I can do all the mechanical and interior work.. Like I said before, I would have to see it in person to know what it needs. I'm looking for a driver but with nice paint (new).. I was actually looking at C3's and C6's as there were no 58 - 60's (my favorite years) on the market within my budget.. I wasn't planning on spending over $35k total on a car but for the right car, I might change my mind on that.
The thing to consider is availability of the year/type of car you are interested in. A running/driving 1960 Corvette for $30K is pretty reasonable. For that price, though, I would want to touch/feel all the bonding strips and get a look at the nose/rear from inside the wheelwells, in front of the radiator support, and from inside the trunk at all corners before wiring any $$.
Very hard to buy a decent C-1 with a no hit body or one that doesn't need a front / rear clip for under 30k. Owners know what they are worth and they don't take up much space in the garage. I have looked at many examples in the mid west. Frames are thin, expensive components missing, but the prices remain in the clouds. Got to catch a break someday ... just being patient.
The thing to consider is availability of the year/type of car you are interested in. A running/driving 1960 Corvette for $30K is pretty reasonable. For that price, though, I would want to touch/feel all the bonding strips and get a look at the nose/rear from inside the wheelwells, in front of the radiator support, and from inside the trunk at all corners before wiring any $$.
I will likely check the car in person in 10 days if it is still available.
Very hard to buy a decent C-1 with a no hit body or one that doesn't need a front / rear clip for under 30k. Owners know what they are worth and they don't take up much space in the garage. I have looked at many examples in the mid west. Frames are thin, expensive components missing, but the prices remain in the clouds. Got to catch a break someday ... just being patient.
Trashed out C1 bodies are going for $25K for restomod projects - this car is worth that (prob more) any day of the week. Put $80K in it and make a restomod worth $150K or restore it to original and be underwater by $15K-$20K...
Last edited by Frankie the Fink; 05-27-2015 at 03:57 PM.
05-24-2015, 08:43 PM
What would be a fair price for the following 1960 Vette?
Trashed out C1 bodies are going for $25K for restomod projects - this car is worth that (prob more) any day of the week. Put $80K in it and make a restomod worth $150K or restore it to original and be underwater by $15K-$20K...
