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The 93 is a 40 year anniversary car, Ill take it change the gears and tork convertor tune her, put a nice set of chrome wheels on it headers and nice exhaust
change the radio oh wait a minute been there done that
I'll be going to the auction - but will not be a bidder.
I wonder what the "No Reserve" Vettes will bid up to & sell at.
Here's my guess: $80,000 for the 66 - $40,000 for the 78.
In the 72 bb listing it states towards the end "last year for the 454" I thought 74' was the last year?
you're right, '74 still had the detuned 454 also the '73 still had rear chrome bumpers so they are wrong on both accounts. Looks like a nice car though
1961 Chevrolet Corvette Convertible
LS7 engine, complete modern rolling chassis with adjustable suspension. 4 link rear end, Jag street shop rear end, Baer braking system. Boyd Coddington rims, over $225k spent on restoration. Convertible top (new), all new interior, dual batteries. $110,000.00 Sold
Thanks for posting the results. Some good deals - sensible prices without auction bidding craziness.
My pleasure! The collector car auctions are something we enjoy watching unfold spring and fall. Plus it gives a detail freak like me the unique opportunity to really go over the cars and short of actually driving them, see things you just can't at a show.
I think auctions also provide this stark reminder: our cars are usually worth more to us than to anyone else. Sure, Corvettes have earned the reputation of depreciating less than many other brands, but they still depreciate. 50-75% or greater depreciation of big ticket $100,150 and +250K cars is common - and happens with low mileage and gets extreme within 7 to 10 years. It can be absolutely nutz, and hard to understand how even the wealthy accept losing $50,000 over 3 years with under 50k of driving.
Then there's the bigger automotive picture, lots of real-life success or failures demonstrated - design and execution, build and brand. What cars age better than others?
On a more personal level - if you're going to mod - do if for yourself. So often cars with tens of thousands of dollars of mods sell at about the same price (or less ) than stock. Even restorations return usually only half the price of the parts and zero for the labour.
It hurts to see a car's owner punished when he takes his currently car, maybe valued at about $30K, throw $50K into restoration/mods and still sell it for maybe $28K. I see it in the faces and talk to the people beside me. Auctions can be very profitable business so private sales usually return more to the seller, without the 15% seller's premium and auction fees - but they take longer.
Of course, for the buyers of cars it's to get a low milage, care-for classic everyone will think cost 2-3x what it actually did!
The biggest takeaway is this:
Excepting the most extreme, rare or survivor collector cars - the premium earned for storing - not enjoying - your car is actually quite small. The typical low-miles example is usually not more than 15% over a higher mileage example. Say your car is worth $50K and you're keeping it pristine, never rained on, driven only on nice roads, always garaged. When you (or your heirs ) sell, you get maybe $8-10K more but you're still paying to insure, care and store it. Is that really worth it???
04-09-2015, 06:17 AM
Looks like lots of Plastic at the Toronto Collector Car Spring Auction
on restoration. Convertible top (new), all new interior, dual batteries.
to get a low milage, care-for classic everyone will think cost 2-3x what it actually did!
