[C2] 1964 Coupe value/price
#41
Le Mans Master
Thread Starter
Thanks guys....still waiting to hear back about the asking price on another car down south.
Rhino, I meant to tell you, if you ever need another set of hands to help get the engine/car back together, feel free to give me a shout. Im no C2 expert , but I've built enough cars to be helpful/dangerous.
Rhino, I meant to tell you, if you ever need another set of hands to help get the engine/car back together, feel free to give me a shout. Im no C2 expert , but I've built enough cars to be helpful/dangerous.
#42
I have no idea if some advertising for a dated, original, bolt, washer, screw, gasket, clamp, or wing nut are really serious, that much of a perfectionist, or believe there are Mona Lisa's in their garage. I get it, it's a hobby, and some take it to the far corners of the earth. I wish them well in their endeavor. The span of ownership is quite remarkable.
#43
Le Mans Master
Thread Starter
Well, along those lines, as it applies to this car in particular....I prefer the fact that the current owner used "incorrect" hardware when reassembling the car...the use of stainless hardware throughout indicates to me that he built this thing to last and be enjoyed out on the road, not in the garage and on the fair grounds...which is exactly what I want. I do realize however that taking a car in this direction can adversely affect the perceived "value" of the car.
Last edited by FLYNAVY30; 03-08-2017 at 10:45 AM.
#44
Burning Brakes
Member Since: Jun 2005
Location: Hinesville, GA & Oswego, NY
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Bill
Last edited by Bill Pilon; 03-08-2017 at 10:52 AM. Reason: correction
#45
Burning Brakes
Member Since: Jun 2005
Location: Hinesville, GA & Oswego, NY
Posts: 793
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The wife and I inspected the first potential victim yesterday, let me know what you think....unfortunately, I was too busy crawling all over it to take any pics as I knew my time was somewhat limited with the wife in tow.
1964 Daytona Blue 327/365 4 spd
Paint: Last painted 28 years ago. That being said, the paint is generally in excellent shape for a driver. There are a few dings on the nose, and the tail that have been touched up via touch up paint but they all appear to be garage induced (kids bike, lawn chair, etc). The car could definitely use a repaint, but I would have no problem driving it as is for another 10 years. I'd call it a really nice five footer....nothing anyone would notice at cars & coffee. As far as I could tell, all fiberglass was original with the factory bonding strips still on the car front and rear.
Interior: Definitely original. 100% complete, but the carpet is very faded. Seats are in great shape with normal creasing but no rips, tears, or seams coming apart. Everything works...gauges, lights, wipers, headlights, radio (speakers are terrible), even the clock. Current owner also installed vintage A/C which blows cold.
Frame/Bird Cage: This is the best part of the car (although not original)....excellent on all accounts. In 2002, the current owner (who's had the car for 30 years) pulled the motor to rebuild it. During that process, he realized how bad the frame was so he completed a full frame off that included a non-original 1964 frame. The body was not painted at that time (hence the 28 year old paint job) but everything that bolts to the frame was redone including brake lines, fuel lines, fuel tank, etc....stainless steel hardware throughout...he made a point of that since "It would take a lot of work to make it an NCRS car" Car has been driven 928 miles since the body was put back on the rebuilt frame/drivetrain in 2002.
Drivetrain: Original matching numbers 327/365 rebuilt to factory specs. Original carb sent to Holley for restoration when the motor was rebuilt in 2002. Original 4 spd with Hurst shifter and original 3.36 posi rear end. We took it for a bit of a rip, engine fired right up and car runs hard. The only thing Im not a huge fan of is the 65-67 side pipes on the car. That being said, when the car was painted 28 years ago, the owner did a very nice job of glassing in the factory exhaust holes in the rear fascia. I think I'd be inclined to go back to the factory style exhaust, and just run dumps after the rear axel instead of cutting into the rear to run tips....it really does look clean without the holes.
All in all, Id say its an excellent driver with paint thats good enough, but could certainly stand to be redone at some point.
Now for the price...my initial thought after looking over the car was that it would be a good buy at 48-50K. We sat and talked, and the owner isn't wavering from 55K. I think for this car thats at the very high end of reasonable. I say that because I think its a 50K car that comes with 30 years of documentation and more importantly, photographic evidence that it was done right. The owner has a 6 inch photo album going back to when he originally bought the car in the 80s and documenting the entire build process. My initial thought is that when you're talking about a 50K car, an additional 5K is cheap insurance for 30 years of documentation.
Anyway, let me know what you guys think...the cars definitely not perfect, but short of the side pipes, it checks all of my boxes. I still need to talk to the wife some more (I promised since we were enroute to a long weekend, we wouldn't talk finances until we got home on Tuesday), and Im generally not one to jump on the first car I see, so I look forward to hearing everyone's comments.
The last thing Ill throw out there is that, this is definitely the type of person you want to buy a corvette from. He worked for GM most of his life as a machinist, has built multiple hot rods over the years, and also has a 1996 LT4 equipped C4...and his garage and machine shop are a case study in proper organization.
1964 Daytona Blue 327/365 4 spd
Paint: Last painted 28 years ago. That being said, the paint is generally in excellent shape for a driver. There are a few dings on the nose, and the tail that have been touched up via touch up paint but they all appear to be garage induced (kids bike, lawn chair, etc). The car could definitely use a repaint, but I would have no problem driving it as is for another 10 years. I'd call it a really nice five footer....nothing anyone would notice at cars & coffee. As far as I could tell, all fiberglass was original with the factory bonding strips still on the car front and rear.
Interior: Definitely original. 100% complete, but the carpet is very faded. Seats are in great shape with normal creasing but no rips, tears, or seams coming apart. Everything works...gauges, lights, wipers, headlights, radio (speakers are terrible), even the clock. Current owner also installed vintage A/C which blows cold.
Frame/Bird Cage: This is the best part of the car (although not original)....excellent on all accounts. In 2002, the current owner (who's had the car for 30 years) pulled the motor to rebuild it. During that process, he realized how bad the frame was so he completed a full frame off that included a non-original 1964 frame. The body was not painted at that time (hence the 28 year old paint job) but everything that bolts to the frame was redone including brake lines, fuel lines, fuel tank, etc....stainless steel hardware throughout...he made a point of that since "It would take a lot of work to make it an NCRS car" Car has been driven 928 miles since the body was put back on the rebuilt frame/drivetrain in 2002.
Drivetrain: Original matching numbers 327/365 rebuilt to factory specs. Original carb sent to Holley for restoration when the motor was rebuilt in 2002. Original 4 spd with Hurst shifter and original 3.36 posi rear end. We took it for a bit of a rip, engine fired right up and car runs hard. The only thing Im not a huge fan of is the 65-67 side pipes on the car. That being said, when the car was painted 28 years ago, the owner did a very nice job of glassing in the factory exhaust holes in the rear fascia. I think I'd be inclined to go back to the factory style exhaust, and just run dumps after the rear axel instead of cutting into the rear to run tips....it really does look clean without the holes.
All in all, Id say its an excellent driver with paint thats good enough, but could certainly stand to be redone at some point.
Now for the price...my initial thought after looking over the car was that it would be a good buy at 48-50K. We sat and talked, and the owner isn't wavering from 55K. I think for this car thats at the very high end of reasonable. I say that because I think its a 50K car that comes with 30 years of documentation and more importantly, photographic evidence that it was done right. The owner has a 6 inch photo album going back to when he originally bought the car in the 80s and documenting the entire build process. My initial thought is that when you're talking about a 50K car, an additional 5K is cheap insurance for 30 years of documentation.
Anyway, let me know what you guys think...the cars definitely not perfect, but short of the side pipes, it checks all of my boxes. I still need to talk to the wife some more (I promised since we were enroute to a long weekend, we wouldn't talk finances until we got home on Tuesday), and Im generally not one to jump on the first car I see, so I look forward to hearing everyone's comments.
The last thing Ill throw out there is that, this is definitely the type of person you want to buy a corvette from. He worked for GM most of his life as a machinist, has built multiple hot rods over the years, and also has a 1996 LT4 equipped C4...and his garage and machine shop are a case study in proper organization.
Bill
Last edited by Bill Pilon; 03-08-2017 at 11:27 AM.
#46
Team Owner
If the car is the car you want, and you can afford it , buy it, if you wait on the folks on this forum to agree on anything you could be waiting a long time before getting your dream car, the 5K is within 10% of your price range. Make your decision, go with it and don't look back.
Bill
Bill
#47
Le Mans Master
Thread Starter
If the car is the car you want, and you can afford it , buy it, if you wait on the folks on this forum to agree on anything you could be waiting a long time before getting your dream car, the 5K is within 10% of your price range. Make your decision, go with it and don't look back.
Bill
Bill
I don't disagree
#48
Melting Slicks
Look at it this way.
For arguments sake lets say you are (I am not sure you are but) paying 10% higher than fair market value. You decide in 4-5 years that the car isnt in your plans anymore and you sell it....at a loss... lets say 45K.
(could also be worth more in a few years but devils advocate..)
Are you or you family going to miss any meals because of this?
You gonna lose sleep?
Also try getting 90% of you money back in 4-5 years on a C7. Lotsa luck.
Just make sure the car is mechanically / structurally sound insure it right and your financial risk is mitigated.
For arguments sake lets say you are (I am not sure you are but) paying 10% higher than fair market value. You decide in 4-5 years that the car isnt in your plans anymore and you sell it....at a loss... lets say 45K.
(could also be worth more in a few years but devils advocate..)
Are you or you family going to miss any meals because of this?
You gonna lose sleep?
Also try getting 90% of you money back in 4-5 years on a C7. Lotsa luck.
Just make sure the car is mechanically / structurally sound insure it right and your financial risk is mitigated.
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ptjsk (03-09-2017)
#49
Team Owner
Member Since: Apr 2008
Location: Coloring within the lines
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(BTW, I'm no C2 expert either, but I have communicated with several on the forum).
#50
Le Mans Master
Thread Starter
Hahaha....you too?....come to think of it, a few times, Ive actually been communicated AT as well
#51
Le Mans Master
Thread Starter
Look at it this way.
For arguments sake lets say you are (I am not sure you are but) paying 10% higher than fair market value. You decide in 4-5 years that the car isnt in your plans anymore and you sell it....at a loss... lets say 45K.
(could also be worth more in a few years but devils advocate..)
Are you or you family going to miss any meals because of this?
You gonna lose sleep?
Also try getting 90% of you money back in 4-5 years on a C7. Lotsa luck.
Just make sure the car is mechanically / structurally sound insure it right and your financial risk is mitigated.
For arguments sake lets say you are (I am not sure you are but) paying 10% higher than fair market value. You decide in 4-5 years that the car isnt in your plans anymore and you sell it....at a loss... lets say 45K.
(could also be worth more in a few years but devils advocate..)
Are you or you family going to miss any meals because of this?
You gonna lose sleep?
Also try getting 90% of you money back in 4-5 years on a C7. Lotsa luck.
Just make sure the car is mechanically / structurally sound insure it right and your financial risk is mitigated.
#52
#53
Le Mans Master
Thread Starter
Sharp car...dont know about the wheels....and I wish people would stop putting horrible plastic covers over LS motors....with a little planning and effort, they can look good...this is the motor in my old C5 Z06....
#54
#55
Le Mans Master
Thread Starter
Well, I decided to pass on that car I looked at last weekend. After doing some investigating into reverting from the side pipes back to the under car exhaust, it wasn't worth it at the 55K price. In total, parts alone would be approaching 1.5K for the stainless under car exhaust, both rocker trim panels, and all the hangers and hardware. On top of that, the fiberglass front and rear mounting tabs would have to be fabricated, glassed in, and painted, and then the body would actually have to be lifted to have the metal hangers welded back onto the frame channel as they were completely removed during the frame off back in 2002-2003. So at the end of the day, thats a lot of time, effort, and money for a car thats really already at the high end of the price spectrum. Along those lines, side exhaust seems like a small thing when every other box is checked, but at this price point, I'm not going to compromise on something that I just don't like on the car.
Thanks again for all the help and opinions, Ill post info on whatever the next potential candidate is.
Thanks again for all the help and opinions, Ill post info on whatever the next potential candidate is.
Last edited by FLYNAVY30; 03-09-2017 at 06:02 PM.
#56
Well, I decided to pass on that car I looked at last weekend. After doing some investigating into reverting from the side pipes back to the under car exhaust, it wasn't worth it at the 55K price. In total, parts alone would be approaching 1.5K for the stainless under car exhaust, both rocker trim panels, and all the hangers and hardware. On top of that, the fiberglass front and rear mounting tabs would have to be fabricated, glassed in, and painted, and then the body would actually have to be lifted to have the metal hangers welded back onto the frame channel as they were completely removed during the frame off back in 2002-2003. So at the end of the day, thats a lot of time, effort, and money for a car thats really already at the high end of the price spectrum. Along those lines, side exhaust seems like a small thing when every other box is checked, but at this price point, I'm not going to compromise on something that I just don't like on the car.
Thanks again for all the help and opinions, Ill post info on whatever the next potential candidate is.
Thanks again for all the help and opinions, Ill post info on whatever the next potential candidate is.
I just did this for an RV I wanted give a little and take a little .
#57
Le Mans Master
Thread Starter
Normally I would, but in this case, the car isn't actually listed "for sale". Another forum member saw my WTB post and referred me to a friend of his in their Corvette Club who had what I was looking for and was "considering selling". As you can imagine, after 30 years of ownership, the guy is pretty attached to the car. He told me repeatedly that he absolutely had to have 55K to let it go, so Im not going to try to beat him up for a couple thousand dollars...who knows, maybe he'll come back in a few months with a lower price. Either way, theres other cars out there and some part of me can't rectify spending that much money to buy a car that I immediately want to pull the body off of to make the exhaust right...we are talking about a '64 coupe here
#58
Normally I would, but in this case, the car isn't actually listed "for sale". Another forum member saw my WTB post and referred me to a friend of his in their Corvette Club who had what I was looking for and was "considering selling". As you can imagine, after 30 years of ownership, the guy is pretty attached to the car. He told me repeatedly that he absolutely had to have 55K to let it go, so Im not going to try to beat him up for a couple thousand dollars...who knows, maybe he'll come back in a few months with a lower price. Either way, theres other cars out there and some part of me can't rectify spending that much money to buy a car that I immediately want to pull the body off of to make the exhaust right...we are talking about a '64 coupe here
I am open to going to explore buying a new one which I could never afford did that twice when back to the SWC .
If my family needs the money this one will go to .
I am in to enjoying RVs going to different places and leaving vet home under cover.
#59
Le Mans Master
I believe you made a good choice given our similar thoughts on side pipes on 64's and the high price tag. You can do better for less.
I also think the paint description means you may decide down the road to paint it. At that price a normally expensive proposition becomes atrocious.
I think it's cool that you and I have such particularly aligned ideas. I want you to buy the right car, at a price that seems at least reasonably in line.
I also think the paint description means you may decide down the road to paint it. At that price a normally expensive proposition becomes atrocious.
I think it's cool that you and I have such particularly aligned ideas. I want you to buy the right car, at a price that seems at least reasonably in line.
#60
Le Mans Master
Thread Starter
I believe you made a good choice given our similar thoughts on side pipes on 64's and the high price tag. You can do better for less.
I also think the paint description means you may decide down the road to paint it. At that price a normally expensive proposition becomes atrocious.
I think it's cool that you and I have such particularly aligned ideas. I want you to buy the right car, at a price that seems at least reasonably in line.
I also think the paint description means you may decide down the road to paint it. At that price a normally expensive proposition becomes atrocious.
I think it's cool that you and I have such particularly aligned ideas. I want you to buy the right car, at a price that seems at least reasonably in line.
Josh at Marshons contacted me today...apparently he caught my WTB post in the for sale section...I'm coordinating with another forum member, provette67, to have him go to Marshons and evaluate the car for me since I am tied up at work for the next few weeks at least. Heres the link to their web site:
http://www.mershons.com/vehicle-deta...7743c1c8e1abb/
Looks like a nice car....I could go either way on the white/blue interior, but if the rest of the car checks out at the right price, it could be a winner. I know how you feel about the light color interiors on the Daytona Blue cars