split window prices
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Team Owner
Joined: Aug 2007
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Army
split window prices
With all the interest in where these cars are going; its an interesting data point to watch auctions once in a while; this one caught my eye. The disparity between what the seller wants and the bidding (3 days to go) is orders of magnitude. I'm sure some uninitiated buyer will overpay for the car. In addition to being a low-HP, PG version there is lots wrong with it. A cursory looks shows wrong master cylinder and the gap between the steering wheel hub and column mast cover is ridiculous. Somebody assembled that system all wrong. Mostly small stuff and not deal killers if the price were reasonable.
And what is the "Engine Dress Up Kit" in the description ? I know early Mustangs have those but really. And apparently, this coupe has "a newer soft top". Geez, if you're asking 6 digits for a car spend a little time on the write up.
http://www.ebay.com/itm/Chevrolet-Corvette-Split-Window-RARE-COLOR-COMBO-pwr-windows-brakes-steering-BEAUTIFUL-/271735139335?forcerrptr=true&hash=item3f44ad2c07&item=271735139335&pt=US_Cars_Trucks
As my financial adviser says, "...when you see irrational exuberance and irrational prices -- its a bubble!"
And what is the "Engine Dress Up Kit" in the description ? I know early Mustangs have those but really. And apparently, this coupe has "a newer soft top". Geez, if you're asking 6 digits for a car spend a little time on the write up.
http://www.ebay.com/itm/Chevrolet-Corvette-Split-Window-RARE-COLOR-COMBO-pwr-windows-brakes-steering-BEAUTIFUL-/271735139335?forcerrptr=true&hash=item3f44ad2c07&item=271735139335&pt=US_Cars_Trucks
As my financial adviser says, "...when you see irrational exuberance and irrational prices -- its a bubble!"
Melting Slicks
Joined: Dec 2005
Posts: 2,576
Likes: 32
From: Sarasota Florida
1963 corvette prices are on the rise
Hey Frankie
I have noticed that 1963 Corvettes in general have increased in price last couple months. Why? I have no idea. I guy I know has been trying to buy my 63 for the last month. He keeps raising the price every time I see him. My car is far from all original. But, if he ever gets to a six figure price I will sell it to him!!!
I have noticed that 1963 Corvettes in general have increased in price last couple months. Why? I have no idea. I guy I know has been trying to buy my 63 for the last month. He keeps raising the price every time I see him. My car is far from all original. But, if he ever gets to a six figure price I will sell it to him!!!
Melting Slicks
Joined: Apr 2006
Posts: 2,331
Likes: 61
From: Sunnyvale CA
The amount by which the buyer overpays is the initiation fee.
Sloppy write-up indeed. It insults our intelligence AND our wallets.
Steve
Thread Starter
Team Owner
Joined: Aug 2007
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Army
Hey Frankie
I have noticed that 1963 Corvettes in general have increased in price last couple months. Why? I have no idea. I guy I know has been trying to buy my 63 for the last month. He keeps raising the price every time I see him. My car is far from all original. But, if he ever gets to a six figure price I will sell it to him!!!
I have noticed that 1963 Corvettes in general have increased in price last couple months. Why? I have no idea. I guy I know has been trying to buy my 63 for the last month. He keeps raising the price every time I see him. My car is far from all original. But, if he ever gets to a six figure price I will sell it to him!!!
Melting Slicks
Joined: Apr 2009
Posts: 2,562
Likes: 657
From: Virginia Beach VA
C2 of the Year Finalist - Modified 2020
C2 of Year Finalist (performance mods) 2019
IMO, this love affair with 63 swc's will calm down in late 2016. When the 67 big blocks start hitting their 50th all hell is going to break loose. That's assuming the economy doesn't take another dive. So Frankie, sell your car and get a 67 BB and you can keep riding the appreciation wave.
Safety Car
Joined: May 2004
Posts: 4,469
Likes: 275
From: Naples FL
If you look at the Hagerty values you see a very slight move up on the very best cars. They're placing a Duntov/BG car at about $120,000. Everything else is staying flat. A fuelie may bring over $250,000. Again a very slight move up in the best of the best.
Keep in mind that these cars took a huge hit in 2010 and 2011. The top cars haven't recover yet. The vey nice cars are coming back from 2006. I would call it an increase from the 2006 numbers though.
Richard Newton
Car Tech Stuff
Keep in mind that these cars took a huge hit in 2010 and 2011. The top cars haven't recover yet. The vey nice cars are coming back from 2006. I would call it an increase from the 2006 numbers though.
Richard Newton
Car Tech Stuff
Thread Starter
Team Owner
Joined: Aug 2007
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Army
I have that Hagerty guide but not sure it reflects reality.... I bought my car in Sept of 2013; 16 months ago. I've turned away offers of $25K-$30K over my purchase price....
I think the Hagerty guide may be skewed because many are hanging on to these cars. I see very few on eBay...when I posted the one above it was the ONLY SWC for sale yesterday....
I think the Hagerty guide may be skewed because many are hanging on to these cars. I see very few on eBay...when I posted the one above it was the ONLY SWC for sale yesterday....
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Drifting
Joined: Jun 2005
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From: nj
IMO, this love affair with 63 swc's will calm down in late 2016. When the 67 big blocks start hitting their 50th all hell is going to break loose. That's assuming the economy doesn't take another dive. So Frankie, sell your car and get a 67 BB and you can keep riding the appreciation wave.
Melting Slicks
Joined: Jul 2002
Posts: 2,223
Likes: 556
From: Tallahassee fl
Had a wealthy local real estate developer try to buy my '63 twice now. I run in to him at our mutual high-end cigar shop near Disney...he already has a C7 Z06 with the Z07 "package" (whatever that is). He wants his new sting ray to have a first sting ray garage mate. He is very close to my "can not turn it down" deal. I'll hate myself if it goes but stupid money is stupid money.
Administrator
Joined: Jul 2000
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From: About 1100 miles from where I call home.
I have that Hagerty guide but not sure it reflects reality.... I bought my car in Sept of 2013; 16 months ago. I've turned away offers of $25K-$30K over my purchase price....
I think the Hagerty guide may be skewed because many are hanging on to these cars. I see very few on eBay...when I posted the one above it was the ONLY SWC for sale yesterday....
I think the Hagerty guide may be skewed because many are hanging on to these cars. I see very few on eBay...when I posted the one above it was the ONLY SWC for sale yesterday....
Agree completely. I still think the recent SWC craze was fueled by the market's overall turning away from BB 67s because so many are fake, including cars that were purchased thinking they were the real deal. That coupled with certification bodies basically throwing up their hands and accepting restamps as Top Flight and Gold cars. You cant fake a split window.
I do wonder if the market will soften somewhat as it seems (pure opinion) that a lot of people sort of jumped on that bandwagon in the last year or so, and I wonder if several of those cars will come back on the market in the next year or 2 and drives down prices a bit? No way of knowing but it feels like people were buying them because it was the hot thing to do rather than because thats the car they wanted. We will see.
Last edited by vettebuyer6369; Jan 12, 2015 at 10:52 AM.
Safety Car
Joined: Dec 2009
Posts: 4,171
Likes: 335
From: Homewood Alabama
I don't think the love affair will calm down, at all! There were only 10,xxx split windows made and I am guessing that maybe 9,000-9500 of those remain. I am 38 and most all of my friends associate the full midyear range from 63-67 with the split window. Rarity will only make the price go up over time. The difference in price between a 63 split window coupe and a 64-67 coupe will always be lop sided(minus the highly optioned 67 427 cars).
Intermediate
Joined: Mar 2014
Posts: 36
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I plan to watch private sales and the auctions closely this spring to see where this market is going. Though I have only owned my car for a year, I have turned away similar profit offers as Frankie. I really enjoyed the Bloomington experience this summer and the NCRS Regional experience (Texas) this fall; wanting to become more a part of the Corvette scene as well as increase the (perceived; we can argue what awards mean all day) value of my car. I have kept myself from calculating a "can't turn down price" because I enjoy the car so much and can't think of anything better to do with the $ anyway.
Safety Car
Joined: Dec 2009
Posts: 4,171
Likes: 335
From: Homewood Alabama
I have that Hagerty guide but not sure it reflects reality.... I bought my car in Sept of 2013; 16 months ago. I've turned away offers of $25K-$30K over my purchase price....
I think the Hagerty guide may be skewed because many are hanging on to these cars. I see very few on eBay...when I posted the one above it was the ONLY SWC for sale yesterday....
I think the Hagerty guide may be skewed because many are hanging on to these cars. I see very few on eBay...when I posted the one above it was the ONLY SWC for sale yesterday....
Racer
Joined: Jul 2008
Posts: 306
Likes: 8
From: Cypress (Houston) TX
???? I have the good fortune of owning a 1963 red/black SWC, with a NOE, a 1964 FI unit and a 1964 K66 option for more than 29 years. I’d judge it a 2.
Also, a very good friend of mine owns a 1963 light blue/dark blue SWC, with a NOE and a correct 1963 FI unit. I’d judge it a 2 as well. He owned his for more than 25 years.
We both get a good laugh at all the B.S. about the value of a SWC FI cars might be. He and I are waiting and waiting and you know, WAITING!! For us the old axiom “if it is too good to be true, it probably isn’t true” is being proven everyday. 1963 SWC FI cars are bring over 6 figures, SURE.
Both of us pray we are wrong and we get that $ XXX,XXX offer!!!
Hugh
Also, a very good friend of mine owns a 1963 light blue/dark blue SWC, with a NOE and a correct 1963 FI unit. I’d judge it a 2 as well. He owned his for more than 25 years.
We both get a good laugh at all the B.S. about the value of a SWC FI cars might be. He and I are waiting and waiting and you know, WAITING!! For us the old axiom “if it is too good to be true, it probably isn’t true” is being proven everyday. 1963 SWC FI cars are bring over 6 figures, SURE.
Both of us pray we are wrong and we get that $ XXX,XXX offer!!!
Hugh
Burning Brakes
Joined: Aug 2008
Posts: 1,174
Likes: 3
From: Mosquito Land, Manitoba, Canada
Absolutely agree. From actually buying and selling SWCs in that time period and now, I think the Hagerty guide is inaccurate.
Agree completely. I still think the recent SWC craze was fueled by the market's overall turning away from BB 67s because so many are fake, including cars that were purchased thinking they were the real deal. That coupled with certification bodies basically throwing up their hands and accepting restamps as Top Flight and Gold cars. You cant fake a split window.
I do wonder if the market will soften somewhat as it seems (pure opinion) that a lot of people sort of jumped on that bandwagon in the last year or so, and I wonder if several of those cars will come back on the market in the next year or 2 and drives down prices a bit? No way of knowing but it feels like people were buying them because it was the hot thing to do rather than because thats the car they wanted. We will see.
Agree completely. I still think the recent SWC craze was fueled by the market's overall turning away from BB 67s because so many are fake, including cars that were purchased thinking they were the real deal. That coupled with certification bodies basically throwing up their hands and accepting restamps as Top Flight and Gold cars. You cant fake a split window.
I do wonder if the market will soften somewhat as it seems (pure opinion) that a lot of people sort of jumped on that bandwagon in the last year or so, and I wonder if several of those cars will come back on the market in the next year or 2 and drives down prices a bit? No way of knowing but it feels like people were buying them because it was the hot thing to do rather than because thats the car they wanted. We will see.
Last edited by wonderful; Jan 12, 2015 at 04:02 PM.
Pro
Joined: Jun 2008
Posts: 566
Likes: 276
From: Golden Colorado
2023 C8 of the Year Finalist - Unmodified
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IMO, this love affair with 63 swc's will calm down in late 2016. When the 67 big blocks start hitting their 50th all hell is going to break loose. That's assuming the economy doesn't take another dive. So Frankie, sell your car and get a 67 BB and you can keep riding the appreciation wave.
