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Old 02-27-2015, 08:35 AM
  #61  
Faster Rat
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Here is a record of NADA pricing that I have kept since buying my car:

NADA GUIDES - VEHICLE PRICING
1969 CORVETTE COUPE - 427/390 - 4SPD - SIDE EXHAUST

NADA LOW AVG HIGH
DATE RETAIL RETAIL RETAIL

8/6/2003 $10,635 $19,210 $29,875

5/7/2004 $10,635 $19,210 $32,755

12/24/2004 $10,635 $19,210 $34,345

12/3/2005 $11,145 $20,140 $34,345

1/9/2006 $12,195 $22,090 $37,765

4/28/2006 $13,365 $26,350 $44,995

9/18/2006 $14,590 $27,900 $47,195

8/3/2007 $24,280 $42,900 $63,875

1/11/2008 $25,420 $44,880 $68,675

7/21/2008 $27,820 $44,880 $68,675

8/30/2008 $29,140 $44,880 $65,435

1/11/2009 $30,460 $47,040 $62,315

9/26/2009 $29,020 $42,600 $52,715

1/5/2010 $29,020 $41,400 $51,755

5/4/2010 $30,400 $43,450 $56,615

8/31/2010 $28,900 $42,000 $52,595

1/8/2011 $27,820 $40,080 $49,115

5/18/2011 $27,820 $40,080 $52,835

9/1/2011 $29,620 $41,160 $55,835

1/4/2012 $28,180 $38,040 $50,555

5/10/2012 $26,260 $39,480 $52,955

9/3/2012 $27,220 $41,760 $54,395

3/11/2013 $25,180 $42,960 $57,515

5/10/2013 $24,220 $45,360 $59,195

9/1/2013 $22,900 $46,680 $62,555

1/7/2014 $23,500 $47,520 $64,355

5/5/2014 $23,740 $48,000 $64,955

1/10/2015 $25,660 $50,760 $68,075

Old 02-27-2015, 08:50 AM
  #62  
grumman41
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I look at this form a little different prospective.....if you could time travel back to 1967 and buy all the Black, Blue interior, big block, four speed cars and store them would it be a wise investment? When you figure initial capital storage, maintenance, replacing consumables and insurance its a terrible decision. And this is letting you pick the very best and store them without being driven.

My car does have some value(LS5) but even though I'm not "wealthy" I don't really consider it part of my net worth, its just a toy. I separate my toys from investments, I humbly suggest you do too.

Kevin
Old 02-27-2015, 10:58 AM
  #63  
vette1500
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Originally Posted by grumman41
I look at this form a little different prospective.....if you could time travel back to 1967 and buy all the Black, Blue interior, big block, four speed cars and store them would it be a wise investment? When you figure initial capital storage, maintenance, replacing consumables and insurance its a terrible decision. And this is letting you pick the very best and store them without being driven.

My car does have some value(LS5) but even though I'm not "wealthy" I don't really consider it part of my net worth, its just a toy. I separate my toys from investments, I humbly suggest you do too.

Kevin
I am sure an accountant or financial adviser would tell you the same.
Old 02-27-2015, 11:18 AM
  #64  
exposingtime
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Originally Posted by Calo69
The exact scenarios are laid out in exposingtimes thread which is right above mine.
Basically my feeling is that strictly from a$$ point of view, the 40 k c2(triple black,numbers match,conv). has more potential to provide a higher % profit in the future than the ( probably georgeous) C 3, not total dollar amount. By the way it was a question.
No, I think that the C3 has a better chance to increase in value in the future than my 63.

I think that the motor has alot to do with that price increase.

Interesting thought though...had I spent 40 something thousand in 2006/7 in the best C3 that I could find for the money I could have made more money if I was selling that car today vs my 63.
Old 02-27-2015, 02:24 PM
  #65  
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I have been reading the March edition of Corvette magazine and there is a buyers guide about best buys under 8k and I quote - When it comes to serious third gen horsepower, top choices include the various '68-'74 big block cars as well as the more highly tuned small block offerings available through '72. Unfortunately these cars continue to reside in a pricing stratum well above this months target, and are likely to remain there for the foreseeable future. (In fact, we were unable to locate any desirable '68 - '73 cars in our price range, high output or otherwise.)
Old 02-27-2015, 02:35 PM
  #66  
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Thinking about future buyers of these cars, I wondered whether "drivers" will be around that can actually drive them? With the rapid advancement of driverless cars and all the driving aids being added to the current crop of cars will there be many drivers around that could cope. You can get into most new cars now and if you stand on the gas peddle a whole plethora of aids come into play to keep you going where you intended, not so in a horsepower enabled C3:-)
Could most of us get into a veteran car and drive away without issue? Crank handles, manual spark advance, tiller steering etc etc.
Old 02-27-2015, 03:18 PM
  #67  
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Originally Posted by exposingtime
No, I think that the C3 has a better chance to increase in value in the future than my 63.

I think that the motor has alot to do with that price increase.

Interesting thought though...had I spent 40 something thousand in 2006/7 in the best C3 that I could find for the money I could have made more money if I was selling that car today vs my 63.
Thanks for your answer, nice position to be in guessing on which car will appreciate more. Hope you hang onto and enjoy. lLet your grandkids worry about the values.
Old 02-27-2015, 03:53 PM
  #68  
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Originally Posted by Faster Rat
Here is a record of NADA pricing that I have kept since buying my car:

NADA GUIDES - VEHICLE PRICING
1969 CORVETTE COUPE - 427/390 - 4SPD - SIDE EXHAUST

NADA LOW AVG HIGH
DATE RETAIL RETAIL RETAIL

8/6/2003 $10,635 $19,210 $29,875

5/7/2004 $10,635 $19,210 $32,755

12/24/2004 $10,635 $19,210 $34,345

12/3/2005 $11,145 $20,140 $34,345

1/9/2006 $12,195 $22,090 $37,765

4/28/2006 $13,365 $26,350 $44,995

9/18/2006 $14,590 $27,900 $47,195

8/3/2007 $24,280 $42,900 $63,875

1/11/2008 $25,420 $44,880 $68,675

7/21/2008 $27,820 $44,880 $68,675

8/30/2008 $29,140 $44,880 $65,435

1/11/2009 $30,460 $47,040 $62,315

9/26/2009 $29,020 $42,600 $52,715

1/5/2010 $29,020 $41,400 $51,755

5/4/2010 $30,400 $43,450 $56,615

8/31/2010 $28,900 $42,000 $52,595

1/8/2011 $27,820 $40,080 $49,115

5/18/2011 $27,820 $40,080 $52,835

9/1/2011 $29,620 $41,160 $55,835

1/4/2012 $28,180 $38,040 $50,555

5/10/2012 $26,260 $39,480 $52,955

9/3/2012 $27,220 $41,760 $54,395

3/11/2013 $25,180 $42,960 $57,515

5/10/2013 $24,220 $45,360 $59,195

9/1/2013 $22,900 $46,680 $62,555

1/7/2014 $23,500 $47,520 $64,355

5/5/2014 $23,740 $48,000 $64,955

1/10/2015 $25,660 $50,760 $68,075

Can we go by what NADA or other publications tell us of book values?
I often hear book values don't agree with actual sales prices we see. Hagerty shows a different trajectory, rather flat if not declining a bit...

http://www.hagerty.com/valuationtool...port?vbe=41317


Last edited by BBCorv70; 02-27-2015 at 04:47 PM.
Old 02-27-2015, 05:00 PM
  #69  
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Originally Posted by BBCorv70
Can we go by what NADA or other publications tell us of book values?
I often hear book values don't often agree with actual sales prices we see. Hagerty shows a different trajectory, rather flat if not declining a bit...

http://www.hagerty.com/valuationtool...port?vbe=41317

I posted to show the past trend (up-down-up) of one particular car. I doubt Hagerty is any better at gathering accurate, pertinent data. Without a thorough inspection, anything regarding value is meaningless.
Old 02-27-2015, 07:36 PM
  #70  
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Every morning I watch "What's My Car Worth?" rather than the idiots on CNN or FOX. One recurring issue is the deterioration of restorations-even Concourse Quality jobs. So, even if you have a Top Flight high value car now, in a short time the value will decrease as the car ages.
Better off buying a car for the fun of it and forgetting about making money. After all, it's a USED car!
Old 02-27-2015, 08:35 PM
  #71  
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for those who recommend separating " investments " from "toys" its probably pretty good advice.......until the next crash , my "toys " are the only thing I didn't lose my shirt on. the pile of paper and real estate lost well over 75% of their value real quick so i'll be very happy with a flatline in value , its better than a fall off a cliff in value , plus its fun to drive.....I will consider upkeep the same was most consider service charges and churning the account costs.
Old 02-27-2015, 11:15 PM
  #72  
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I Paid $34,000 for my 71 LS5 Car is documented out the wazoo mostly ( 90% ) original numbers matching Texas born Vette. What I hope for is after I have my fill, lets say 15 or 20 years down the road I will get my 35 back. If that happens I will be very pleased. If I get a bit more that will pay for some of the upkeep. But it costs to have a good time. Some gamble, some do drugs or drink. It all costs. So, the upkeep is the standard price of admission to fun time, and should not be counted or added to the value equation. The best part is the $$ incentive to keep it all stock. Which actually costs less. Cheers.
Old 02-28-2015, 07:37 AM
  #73  
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Originally Posted by Bad Bird
If we want the younger generation to have any interest in these cars at all, the cars will need to be seen. Too many of these cars languish in sheds, with the owner never doing more than taking the car out to apply another coat of Zaino.

These cars are supposed to be loud and fun, so we need to get out there and make some noise, smoke and some lasting impressions.
Amen, brother.
Old 02-28-2015, 07:42 AM
  #74  
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Originally Posted by GRipp 73


And not just seen at a car show like I mentioned where they aren't allowed to touch the car. I like the Cars and Coffee vibe more and when a kid walks up to the car with stars in their eyes, I open the door and let them get behind the wheel and let their parents take a picture to share with the world. Makes their day!


Nicely done.



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