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Am I missing something here?

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Old Feb 9, 2012 | 06:14 PM
  #1  
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Default Am I missing something here?

http://cgi.ebay.com/ebaymotors/Chevr...item4cfe358b56

Bid is at 40K, reserve not met.
21 bids
4 days left.

What gives? Are project restomods really worth this much?
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Old Feb 9, 2012 | 06:28 PM
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Looks like over 40K in parts.
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Old Feb 9, 2012 | 06:44 PM
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In the late 1960s the ultimate muscle cars were the ZL-1 Camaros and Corvettes. The full racing motor featured an all aluminum block and cylinder heads and could be ordered as an option in 1969 on the Corvette or as a COPO (Central Office Production Order) on the Camaro. Because of the huge price of the engine, only two Corvettes and 69 Camaros were ordered with the ZL-1. Although the motor was officially rated at 430 horsepower and 450 lb-ft torque, independent tests showed upwards of 525 horsepower. Motor Trend tested a ZL-1 at the track with drag slicks in 1968 and pulled off a 10.89 @ 130 mph. It's easy to see why the ZL-1 name is legendary.

Now, using the recently-discovered tooling that was used to build the original engines, GM Performance Parts is offering a new anniversary edition of the ZL-1 engine. Some of the design features have been updated, and the block casting has been strengthened, but it's essentially the same motor in the ZL-1 Corvettes and Camaros of 1969. It's even officially (under)rated at 430 horsepower and 450 lb-ft torque. Only 427 examples will be produced, although if you can't get your hands on one of those, you can get a very similar ZZ427 crate motor. See all of the features of the new ZL-1 after the jump.
Add the above to the '56 which seems complete, with the current chassis, with a lot of the grunt work already done, a body that you can see what you're getting and what value would you put on it?

Last edited by americanretrodave; Feb 9, 2012 at 06:47 PM.
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Old Feb 9, 2012 | 07:08 PM
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Originally Posted by 5thvet
Looks like over 40K in parts.
When was the last time you got anywhere close to the amount you paid for after market parts put on your car when you went to sell it?
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Old Feb 9, 2012 | 07:38 PM
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Originally Posted by Giant10
When was the last time you got anywhere close to the amount you paid for after market parts put on your car when you went to sell it?
Can you go to your local Chevy Dealer and purchase one of these limited edition, only 427 made, motors? I think demand would be high on this motor and we know supply is limited.
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Old Feb 9, 2012 | 07:49 PM
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Originally Posted by Giant10
When was the last time you got anywhere close to the amount you paid for after market parts put on your car when you went to sell it?
There is a pretty complete C1 that goes with the parts.
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Old Feb 9, 2012 | 07:51 PM
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That frame and suspension must be a few bucks???
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Old Feb 9, 2012 | 08:08 PM
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Originally Posted by 5thvet
There is a pretty complete C1 that goes with the parts.
A car that you can see what you're getting too!

SRIII Chassis with the C4 suspension are around 12k, so you've 36k in the motor and chassis, add the six speed and what appears to be a pretty nice '56 and I would place the value in the low 50's and if someone really wanted that motor and wanted a '56 to do a restomod with, it could go to the low 60's. If you took the motor out, which I believe could easily be sold for it's purchase price, it would be a great buy in the mid to upper 20's.
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Old Feb 9, 2012 | 09:17 PM
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Originally Posted by americanretrodave
Can you go to your local Chevy Dealer and purchase one of these limited edition, only 427 made, motors? I think demand would be high on this motor and we know supply is limited.
not any more. a few years ago anyone with 15K with a hole in there pocket could get one. they are out there for sale. but when is the last time you saw a 56 project car with one that's his selling point.

I am not saying its worth the coin.
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Old Feb 9, 2012 | 10:25 PM
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Originally Posted by americanretrodave
Can you go to your local Chevy Dealer and purchase one of these limited edition, only 427 made, motors? I think demand would be high on this motor and we know supply is limited.

You can buy one today for $22k on ebay.....
http://www.ebay.com/itm/New-GM-Perfo...item45f7385364
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Old Feb 10, 2012 | 09:36 AM
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Originally Posted by champs65
http://cgi.ebay.com/ebaymotors/Chevr...item4cfe358b56

Bid is at 40K, reserve not met.
21 bids
4 days left.

What gives? Are project restomods really worth this much?
What's the motor sitting next to the 427? Looks like some kind of neat induction system.

larry
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Old Feb 10, 2012 | 11:52 AM
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It's too damn bad they just let that chassis sit outside and rust, without having at least primed it or something.....

I don't see any C4 running gear in the pics, as related to earlier posts re the value of the parts?

The finished project on this could be really cool!

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Old Feb 10, 2012 | 12:02 PM
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Shill bidding
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Old Feb 10, 2012 | 12:31 PM
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If I had won the power ball I wouldn't think twice about buying it. But since I didn't it is a little out of my price range. Nice setup though!!!!! I wouldn't even guess if it is worth the money. JMT
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Old Feb 10, 2012 | 12:50 PM
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If you wanted to build one, you would have more than this in it.

ZL1 $24K
SRIII chassis $7K
6 Speed $3K
56 project $20K


Body already been stripped and modified to fit the chassis.

Does not look like that bad a deal, if you were wanting to build one, and more importantly, no waiting for the chassis! Lead time on a chassis from SRIII can exceed 16 weeks.

Not a fire sale, but a car that he sell the individual pieces and get that much for.

Regards, John McGraw
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Old Feb 10, 2012 | 05:28 PM
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Seems to be a wide opinion of this car which surprises me, and gives some degree of credibility to its worth.

I would not have thought the value of the car to be anywhere near 40k, (or more when it's all over), nor would I have imagined the desirability of the engine. Just looked like an unfinished project C1 on a tube chassis to me...but I'm continuing to learn. Thanks all
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Old Feb 10, 2012 | 06:01 PM
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Originally Posted by champs65
Seems to be a wide opinion of this car which surprises me, and gives some degree of credibility to its worth.

I would not have thought the value of the car to be anywhere near 40k, (or more when it's all over), nor would I have imagined the desirability of the engine. Just looked like an unfinished project C1 on a tube chassis to me...but I'm continuing to learn. Thanks all
Yup. Some piles of parts are worth a lot more than other piles of parts.

A stock(beat up) frame, a body of undetermined 'quality', muncie tranny and a '74 350 out of a pick up, and that sale price is a joke.

A great frame, stripped and (semi) prepped body, top flight tranny and a 'legendary' engine make that price a pretty good deal. If my life didn't suck... um.... the life out of a party... right now, I might grab this as a project for me & the boys.....

That's a pretty damn high quality 'pile of parts'.
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Old Feb 10, 2012 | 06:30 PM
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I'm just drooling over this '56 . O.K. I'm back to reality. I don't have the $$ nor the talent to complete a project like this but I can only imagine it would be one sweet ride
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