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'59 Value?

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Old Jan 7, 2006 | 07:20 PM
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Default '59 Value?

I'm considering a NOM '59 project car thats just about 95% complete. It seems to be lacking some very minor assembly and seats. Assuming the trans & rear end are original, whats the value of a car like this?

Last edited by unreel1967; Jan 7, 2006 at 07:26 PM.
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Old Jan 7, 2006 | 09:06 PM
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Default 59 value

Well, I'll be the first one to put my head on the choping block. I've had a 60 for 33 years, and these two years are almost the same.
When they say 95% complete, it is almost always off the mark. Things you have to consider is the frame, body and other major componets. If it is a NOM car, this takes a little cost out of it. If it's painted, who did the work? Is the body on or off the frame? Things you have to look at is seat rails, windshield posts, door hardware,guages, all of this stuff ads up fast. If it is as you say...95% and all is well with the major componets...here's the drum roll.....20 to 26 thousand. I would have to see the car first. If it is 95% complete, why is the owner giving up on it?
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Old Jan 7, 2006 | 10:15 PM
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I have a 59, and it's a good driver NOM. What do you mean when you say it is 95% complete? Does it run? Is it a driver at this time? What condition is it in. ie; is it a basket case? Is the motor and tranny in? I figure if it runs and looks good, with o major bangs or cracks even if it is a NOM it's worth at least 30K. Maybe more.
Like kbong said, BR SURE to look at the small stuff. Especially the steering, suspension frame (rust) or Bent. and the windshield side post. Chances are the tabs are broken and it's a pain in the butt to take the windshield off PROPERLY and replace the side post. Don't let someone do it if they have not done it B4. I can help you with that.
Good luck. Keep me posted
George
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Old Jan 8, 2006 | 02:05 AM
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Originally Posted by kabong
Well, I'll be the first one to put my head on the choping block. I've had a 60 for 33 years, and these two years are almost the same.
When they say 95% complete, it is almost always off the mark. Things you have to consider is the frame, body and other major componets. If it is a NOM car, this takes a little cost out of it. If it's painted, who did the work? Is the body on or off the frame? Things you have to look at is seat rails, windshield posts, door hardware,guages, all of this stuff ads up fast. If it is as you say...95% and all is well with the major componets...here's the drum roll.....20 to 26 thousand. I would have to see the car first. If it is 95% complete, why is the owner giving up on it?
He is'nt necessarily "giving up on it"
Heres what happened;
I initially went to his place to inquire about his '63 SWC (says he got the car in '71 for $1500 ).
As he was explaining why he would'nt sell, I noticed the '59 behind him. I did'nt notice at first because it was in the PM and the area was'nt well lit. So I asked, what about that one? He took me over to the car and he started showing it to me and telling me a little bit about it. 20mins later: ME; Think you might want to sell this one?
HIM; make an offer. ME; well, what do you think you want for it? HIM; not sure but make an offer anyway. ME; gimme a few days. HIM; you have my number.
The body is painted, mounted on the frame, engine installed and seemed mostly assembled. He has yet to install the windshield and the seats are totally wrong. I'll try to get more details and maybe some pics after our next meeting. Wish me luck!!
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Old Jan 8, 2006 | 02:46 AM
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I'd say low 20's for a mostly complete project. 26ish if all the #s are good.
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Old Jan 8, 2006 | 06:39 AM
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Default 59

Originally Posted by unreel1967
He is'nt necessarily "giving up on it"
Heres what happened;
I initially went to his place to inquire about his '63 SWC (says he got the car in '71 for $1500 ).
As he was explaining why he would'nt sell, I noticed the '59 behind him. I did'nt notice at first because it was in the PM and the area was'nt well lit. So I asked, what about that one? He took me over to the car and he started showing it to me and telling me a little bit about it. 20mins later: ME; Think you might want to sell this one?
HIM; make an offer. ME; well, what do you think you want for it? HIM; not sure but make an offer anyway. ME; gimme a few days. HIM; you have my number.
The body is painted, mounted on the frame, engine installed and seemed mostly assembled. He has yet to install the windshield and the seats are totally wrong. I'll try to get more details and maybe some pics after our next meeting. Wish me luck!!
Well, that sheds a LOT more light on the subject. Again, it's hard to say, I'm GUESSING high teens low,low 20's. If its sitting,inside, I hope, it might be in alot better shape. Pictures, would be a huge help.
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Old Jan 8, 2006 | 08:52 AM
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sorry everyone....but I have to say that it is minimum $30k.......pieces of junk...and I mean pieces of junk are going for low $20's......and if it is just the windshield and the seats.....perhaps $32k......
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Old Jan 8, 2006 | 09:54 AM
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Default 59 Vette

Originally Posted by firstgear
sorry everyone....but I have to say that it is minimum $30k.......pieces of junk...and I mean pieces of junk are going for low $20's......and if it is just the windshield and the seats.....perhaps $32k......
I have to agree with you, with all this Ebay stuff, and if it get's on Ebay, it will go for that! Pictures will tell more.
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Old Jan 8, 2006 | 11:02 AM
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I would agree with a new paint 95% done car at EASILY 30 Grand
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Old Jan 8, 2006 | 11:11 AM
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Originally Posted by Supersportt396
I would agree with a new paint 95% done car at EASILY 30 Grand
If all the trim/chrome is there in good shape! Mechanicals are relatively cheap compared to the cosmetics.

Plasticman
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Old Jan 8, 2006 | 12:06 PM
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Originally Posted by unreel1967
I'm considering a NOM '59 project car thats just about 95% complete. It seems to be lacking some very minor assembly and seats. Assuming the trans & rear end are original, whats the value of a car like this?
Per Corvette Enthusiast Mag, fair condition $20K, good condition $37K.
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Old Jan 8, 2006 | 10:12 PM
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My vote, if it counts is with firstgear. Like someone said a basket case goes for the mid to upper 20's. Send some PIC"S
Good Hunting
George
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Old Jan 18, 2006 | 12:27 AM
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I know it's been awhile (conflicting schedules) but we've finally arranged to meet over the weekend the owner says it's OK for me to take some pics of his car. I was hoping someone here could help post the pics for me after I got 'em. Anyone?
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Old Jan 18, 2006 | 01:37 AM
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I just got mine it's a 60, it has a built 350, good paint, good chrome, new interior, and roof. The emergency brake and wipers do not work, that's what I found so far. I'm replacing wipers with a 2 speed system $526.00 for the kit. Don't plan on alot of driving in the rain, but need wipers. I paid 40,000 for mine in Nov. 05. Paid too much????? It's a driver and I'm loving it. If you look in any of the parts books, parts are big bucks, so 95% done, could be just enough little stuff, to add up pretty quick.



Jack
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