Rcdizy

Might have found the right corvette to buy.

What would a price range be for a 1970 corvette coupe.
-frame off restored about 8 years ago
-original engine and trans and other parts included (not in car)
-performance engine in it now with 700R4
-no rust
-show quality paint with minor chips
9/10 + overall
No A/C
power locks, likely PB, PS
If there is nothing disappointing about the car... what is too much to pay

Iceaxe

FWIW- power locks were not an option in 1970.

Rcdizy

I meant windows...... typo

Iceaxe

Hagerty says $36,000 for a grade 2 car, $22,000 for a grade 3 car.
https://www.hagerty.com/valuationtoo...ort?vbe=128790
Hagerty doesn't differentiate between cars with highly desired options, and those without, as they take an average.

Corvette DNA says the car is worth $24,000 (Grade 2).
http://www.corvettedna.com/
Corvette DNA hits the car mentioned pretty hard for base engine (I assume that is what it came with), automatic and no AC. But you get a plus for PS and PB.

As someone who follows 1970's very close I'd say $25K buys you a reallllly nice, base motor (I assume that is what the car came with), automatic, without AC.

Your mileage may vary, I hope that at least gets you pointed in the right direction.

deejaydu

I have been looking for someone who follows 70 models very close. What would your opinion of value be for a 350 / 350 hp original motor and transmission factory A/C, PS, tilt/tele, alarm, and both tops. The car is red/black and is fully documented back to original owner along with engine verification. It is a very nice car that has not been fully restored but is a great combination of preservation and some restoration. These cars seem to be very few and far between. I would like to hear your opinion as I believe that these cars are sleepers that should be on there way up.

Jay

Iceaxe

The car you describe would be a great car to own and drive.

When it comes to C3's the 1970 is second in value. 1969 is number one.

You didn't say if the car was an auto or 4-speed. 4-speeds sale much faster and are worth from $3k to $5k more. I assume it's a 4-speed as that was the only option available with the L-46 350hp-350ci.

Roadsters are worth $3k to $5k more than coupes.

The L-46 engine is one of the best gen 1 small blocks Chevy ever built and adds $3k to $5k to the car.

PS adds about $500, PB adds another $500.

When you say it has AC, to me that means a working AC that blows cold. Add $3k to $4k.

Add $5k for great paint.

So knowing all that you can find nice cars optioned like you describe for under $25k.

$35k buys you a car optioned as described that needs nothing and is capable of winning awards at local car shows.

All this is just my opinion... others are welcome to their own.

Easy Mike

What is the seller asking?

Alan 71

Hi,
Are the Hagerty "Values" for "original" cars or "modified" cars?
Regards,
Alan

BBCorv70

I haven't found any statement regarding NOM or modified on the Hagerty web site. Assumed they refer to 'as factory built', requiring at least the original engine block as most collectors expect. It would be interesting to hear how much a NOM affects price from an impartial source if such data were available. I think modified Corvettes would be difficult to lump under any general price bracket given there is no standard for comparison, becomes a matter of personal tastes.

They make some reference to custom interiors or wheels from what I recall. Think such cars fall into class 4? The bottom class.

From the Hagerty web site:

#4 cars are daily drivers, with flaws visible to the naked eye. The chrome might have pitting or scratches, the windshield might be chipped. Paintwork is imperfect, and perhaps the fender has a minor dent. The interior could have split seams or a cracked dash. No major parts are missing, but the wheels could differ from the originals, or the interior might not be stock. A #4 car can also be a deteriorated restoration. "Fair" is the one word that describes a #4 car.

Alan 71

Hi BB,
Nice to now be able to put a face with a post!
While R has given SOME information about the car, there's certainly not nearly enough to determine what might be a wise $$ amount to pay for it.
At the minimum wouldn't it be necessary to see at least a picture of the exterior, interior, engine compartment and chassis to make even a wild guess?
Regards,
Alan

deejaydu

Yes all 350 hp are 4 speed cars. Yes it is working factory A.C. I believe that my car or any other 70 350 hp factory A/C convertible is quite hard to find. There seem to be fewer of them than LT 1 or big block cars. This only applies to the 70 because in 69 production was in much higher numbers. If value is based on desirability, equipment options, rarity and condition I would expect that the value for this particular type of car to be higher. I do appreciate your breakdown of value and price estimate.

Jay

qwank

give us pictures and the asking price and we'll tell you if it's too much or not. Otherwise we'll be going back and forth on all this forever

deejaydu

The car is not for sale. I only asked for the value opinion based on Ice's comment that he was keeping up with the 70 model cars. I do believe that this combination of car in a 70 only is hard to find.

Thanks
Jay

vettebuyer6369

Are you referring to the OP who started the thread or the subsequent inquiry?

Easy Mike

I understand your interest, but you're highjacking Rcdizy's thread.

Rcdizy

I don't want to post pics out of courtesty of the owner of the car. I don't want to post pics of a car that isn't mine.

Plus the owners garage and the licence numbers are visible etc.

Lets just say its really, really nice,

The wheels are aluminum (must be from a later C3) and the hood looks like a LT1 hood with a little higher rise.


lets assume the original hood is included, but not painted.


Or I could PM pictures to anyone that wants to look.

what is the silver **** on the side of the console by the drivers knee?

Iceaxe

At one time I did a little research on this and if I understand Hagerty values correctly the price is based on the average selling/auction price of cars that have sold.

So a numbers car would be worth a little more than average and a NOM or modified car would need to take a deduct.

I believe Hagerty originally put the numbers together for insurance purposes, which is something they would require in their business to at least give them a reasonable baseline.

Easy Mike

Then you and the seller will have to agree on a figure.

You'll need to ask the seller. The switch could be for factory rear window defrost and it could also be something the seller added.

Iceaxe

I guess it depends on finding a buyer who wants those exact options in a 1970. I have the car you describe in a coupe, When I bought the car I paid $2000 more than I thought the car was actually worth because it had the exact option package I wanted.

So yes, I agree you have a highly desirable option package, and I agree it has some added value. But it probably doesn't have the value you are hoping as most average buyers have a couple must have options on their list when buying but are willing to compromise on many others.

Your mileage may vary.

65GGvert

See how confusing it gets when you hijack someone's thread instead of starting your own?