1986 Corvette Excellent condition
09-09-2016, 11:17 AM
#41
Team Owner
Member Since: Oct 2004
Location: altered state
Posts: 81,242
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St. Jude Donor '05
probably not interested in trades? have 2 decent trucks, one a solid presentable DD and a clean dually. Probably worth more than the c4 but maybe something can be worked out?
09-09-2016, 11:17 PM
#42
Le Mans Master
You guys are hard on the price. Yes, I know that L98 C4s are a dime a dozen. The number of $4000 C4s out there is mind boggling but a 10,000 mile car is pretty rare to find.
It all goes to something I put in the C2 section the other night.
Now the number of C4s that are currently in the typical low mile range of 50,000 to 80,000 in the $7000 to $9000 range makes an offer of $8000 silly.
Still, it has the stigma of a C4 so $12,000 on the open market is probably pushing it for an L98 C4. If it were an LT C4, that price would be a bit easier.
The big problem is finding someone who wants this for a collection with such low miles. Most with collections already have any C4s they want.
And NEVER use the TV shows as a guide for the amount to expect when selling.
Nano,
You missed a couple of very good opportunities unfortunately. In June, you could have taken it to Bloomington Gold and run it through the Mecum auction. They used to have one a few weeks later at Road America. I don't think it would be a high enough value to try Barrett Jackson, so limit how much you spend trying to sell it.
Ebay and Craigslist are the two most common outlets for you to do it yourself. You could do a consignment deal but I urge you to go in the C1/c2 section and ask Frankie the Fink about his experience on his '61 so you can learn from his experience.
At $8000, you should find lots of potential buyers (relatively speaking).
At $10,000, there should still be a fair number.
At $12,000, the number is dwindling.
At anything over this, you need to demonstrate this is excellent condition, super clean, running, and all original. So if it isn't running, do the necessary stuff to get it going, BUT do not get rid of the tires. Insist that anyone buying it trailer it home or use a transport service. Those tires should NOT be driven on. They could wipe out the whole car and the driver.
Roll it outside and get some good pictures. Forget the phone camera, get a decent camera and use regular lighting. I bet you had garage lights on and the color is all distorted. I am not even sure the color of the car.
Write up more description. Get pictures of things like the option list. Show the engine compartment. With this few miles, no doubt he kept all of the paperwork. That is gold. Show some pictures of it although it doesn't need to be so big and clear as to show personal information. Preferable to NOT show personal information so that no one can find you or it without you knowing.
But do include some type of contact information unless you check back in here each week.
Peoria isn't a mecca of Corvette sales and basically you are not selling the typical street car, so you need to have it where someone looking for a very low mileage example can find it.
CF is typically low on the prices because everyone here is a Corvette expert.
So no one will offer anything like it may be possible to get.
But you will get a lot of good advice. (Other than no one mentioned the auctions.)
Also, you need to check in here occasionally. Several have expressed an interest, and you don't seem to have responded. And if you sell it, come back and close the ad so others know.
Good luck.
It all goes to something I put in the C2 section the other night.
Simply and truly put, the monetary value of an old car is the dollar amount someone is willing to pay you for it. Anyone who says differently doesn't know what he is talking about.
Appraisals for cars are not about how much the car adds up to be worth, but how much people are willing to pay for it. A 1968 L88 valued at $200,000 does not have $150,000 worth of parts and materials more than a $50,000 1968 390 hp. That is just foolish to believe. It does have people willing to pay that much more for it. That is why it is valued at that price.
That said, rightly and wrongly perceived ideas about cars will increase or decrease the number of people wanting to buy that car. As such, competition to own it drives the price up, and lack of such drives it down.
...
Appraisals for cars are not about how much the car adds up to be worth, but how much people are willing to pay for it. A 1968 L88 valued at $200,000 does not have $150,000 worth of parts and materials more than a $50,000 1968 390 hp. That is just foolish to believe. It does have people willing to pay that much more for it. That is why it is valued at that price.
That said, rightly and wrongly perceived ideas about cars will increase or decrease the number of people wanting to buy that car. As such, competition to own it drives the price up, and lack of such drives it down.
...
Now the number of C4s that are currently in the typical low mile range of 50,000 to 80,000 in the $7000 to $9000 range makes an offer of $8000 silly.
Still, it has the stigma of a C4 so $12,000 on the open market is probably pushing it for an L98 C4. If it were an LT C4, that price would be a bit easier.
The big problem is finding someone who wants this for a collection with such low miles. Most with collections already have any C4s they want.
And NEVER use the TV shows as a guide for the amount to expect when selling.
Nano,
You missed a couple of very good opportunities unfortunately. In June, you could have taken it to Bloomington Gold and run it through the Mecum auction. They used to have one a few weeks later at Road America. I don't think it would be a high enough value to try Barrett Jackson, so limit how much you spend trying to sell it.
Ebay and Craigslist are the two most common outlets for you to do it yourself. You could do a consignment deal but I urge you to go in the C1/c2 section and ask Frankie the Fink about his experience on his '61 so you can learn from his experience.
At $8000, you should find lots of potential buyers (relatively speaking).
At $10,000, there should still be a fair number.
At $12,000, the number is dwindling.
At anything over this, you need to demonstrate this is excellent condition, super clean, running, and all original. So if it isn't running, do the necessary stuff to get it going, BUT do not get rid of the tires. Insist that anyone buying it trailer it home or use a transport service. Those tires should NOT be driven on. They could wipe out the whole car and the driver.
Roll it outside and get some good pictures. Forget the phone camera, get a decent camera and use regular lighting. I bet you had garage lights on and the color is all distorted. I am not even sure the color of the car.
Write up more description. Get pictures of things like the option list. Show the engine compartment. With this few miles, no doubt he kept all of the paperwork. That is gold. Show some pictures of it although it doesn't need to be so big and clear as to show personal information. Preferable to NOT show personal information so that no one can find you or it without you knowing.
But do include some type of contact information unless you check back in here each week.
Peoria isn't a mecca of Corvette sales and basically you are not selling the typical street car, so you need to have it where someone looking for a very low mileage example can find it.
CF is typically low on the prices because everyone here is a Corvette expert.
So no one will offer anything like it may be possible to get. But you will get a lot of good advice. (Other than no one mentioned the auctions.)
Also, you need to check in here occasionally. Several have expressed an interest, and you don't seem to have responded. And if you sell it, come back and close the ad so others know.
Good luck.
09-10-2016, 07:39 AM
#43
Burning Brakes
CF is typically low on the prices because everyone here is a Corvette expert.
Till they want to sell "their" Corvette. Then it's worth more than top dollar. It's almost laughable to see the pendulum swing the other way.
Worth what someone is willing to pull out of their pocket in cash and pay....period.
Till they want to sell "their" Corvette. Then it's worth more than top dollar. It's almost laughable to see the pendulum swing the other way.
Worth what someone is willing to pull out of their pocket in cash and pay....period.