rayvaflav

You and I know that. But someone looking at the interwebs will see that the percentage of midyears equipped with this option is in the single digits and figure that's a lower percentage of 435hp cars produced. They will then go on to tell the tale of that option being as "rare as hens teeth" and the it "appears to be the real deal".

Ray

phil2302

Because the question of when or when it doesnt makes sense to restore is not limited solely to the O/Ps inquiry?

Frankie the Fink

I think more than a few folks are doing some "self-examination" just to fantasize about whether they would move on this or pass..

Its a 'dead nuts' pass for me - don't have the skills or temperament...

GTOguy

I agree, people love to speculate. The OP made his choice, a wise one, and cut and ran. Frank, you have the skills and the temperament to do this car, IMO from what I've seen.....you also have way too much common sense to get mixed up in a losing proposition such as this. With the amount of work needed here, even if this car were a gift, and you could do everything required, you would be hard pressed to break even. If you wanted a restoration to keep yourself busy and not worry about cost, that's different. Our OP is a young guy just starting out, and clearly, making sound decisions early!

StingU2

... by simply walking away from this one!

-Bruce

MikeM

All of you guys are just guessing and patting one another on the back for dispensing the same, uninformed advice! What if the birdcage is solid, the frame has minimal rust and the price is $10K?

Looks like the Pied Piper going off the cliff with 10,000 lemmings.

emccomas

Did you read what the OP REALLY said...

Almost everything needs to be redone. I am concerned with the frame... Haven't got under it too detailed but cant confirm its condition. Bird cage seemed good but also want to look closer. The bird cage would be a deal breaker to me.

OP did not confirm a bad frame, he just expressed concerns about it.
OP did not confirm a bad birdcage, he just wanted to look closer.

Not once did the OP say the frame or birdcage was definitely bad.

Everyone else is speculating and rendering opinions based on not so great pictures.

OP may not be interested at this point, but others may.

John BX NY

I agree. It's a shame about the crusty frame and birdcage...

MikeM

emccomas

If the car is not too far away from me, I would be interested in looking at it.

tjschraf

Thanks again for the advice. I am not too dumb, I walked away from it late last year for all reasons above. Just recently had resurfaced in my head.

Im 26 so I should have a long time to get another midyear. Until then, I'll put as many miles as possible on my c5 z06.. Also have my dads 55 hard top sitting in my garage at the moment, so I am not desperate!

phil2302

Here is an example somewhat similar to the car you were considering.
This one clearly has frame issues.
Not seen very often but isnt it odd to see these old corvettes with a tow hitch on them?
It will be interesting to see the final price.

http://www.ebay.com/itm/Chevrolet-Co...m=131822418008

phil2302

http://www.ebay.com/itm/Chevrolet-Co...m=131822418008

25K for a car that conservatively needs another 25K to make it whole again.
This should provide an answer as to the OPs question.

Nowhere Man

It sold for 25K, but you can't compare this car to the ops car. historically any 67 convertible will see for more then any other one. beside being a 67 convertible it comes with its matching L79 engine. the project car market is a funny one

phil2302

I agree that a 67 will always command some more. The ebay example had a CE block and was pretty rough with a frame that will certainly need "help" and who knows abot the cage.
The OPs car in question was at 20K before negotiation and seems to need less. Could we infer he would be paying a reasonable price at 17-18K ?
You are right project car values are hard to pinpoint. Similar to real estate in that it is tough to find exact comparable sales.

Ken Sungela

I just missed buying this car from a forum member about a 3.5 weeks ago. Looks like the buyer just flipped it. Made a little $.

phil2302

Made a little $.
Certainly nothing wrong in that.
Or maybe he realized it was too much project for him and decided to move it.
Funny how these things work out.
Some of our best deals can end up being ones that fell through.

Mr D.

funny how things always work out that way.

396/425

If that car brings 20 then any halfway decent small block driver is worth 40. Having restored a few classics ( not corvettes). Most people have no clue the costs or the amount of hours of labor involved and thats doing it yourself. I cant imagine myself the total cost if having to pay others to do it. Having said that I bet it brings 20. Hes not selling a car hes selling a dream. An expensive dream.

Frankie the Fink

Not sure there is any "right" answer - IMO that car looks like a ton of work and possibly has hidden issues (unconfirmed but there is some evidence); if there weren't other projects out there with less "baggage"; albeit somewhat more money; it might make sense for somebody with the skills and time....but that's not me...

I'm surprised this 'project' has engendered the amount of discussion herein...