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[C1] 57 "Barn Find" value

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Old Aug 18, 2016 | 09:57 AM
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Default 57 "Barn Find" value

Barn find, sort of. Original owner, unmolested, 39kmi, 270hp, 4.11, 4spd. Seats bottoms split, rug is worn, paint "spider webbed", chrome rough. Not running. Sitting since 1974.
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Old Aug 18, 2016 | 10:04 AM
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I'd give $20,000 for that.






ps. I'm assuming it has a replacement vin tag.

Last edited by 65hihp; Aug 18, 2016 at 10:26 AM.
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Old Aug 18, 2016 | 10:21 AM
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I would give 30-35k. It's the best looking year for a C1. I'd get it mechanically sorted, and drive it....like I did with my '61.
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Old Aug 18, 2016 | 10:52 AM
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Is it for sale?
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Old Aug 18, 2016 | 11:28 AM
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Originally Posted by black35
Is it for sale?
Undecided. Oddly I'm weighing sentimental vs. intrinsic value.
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Old Aug 18, 2016 | 12:00 PM
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Originally Posted by GTOguy
I would give 30-35k. It's the best looking year for a C1. I'd get it mechanically sorted, and drive it....like I did with my '61.
Yep, this!
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Old Aug 18, 2016 | 12:45 PM
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I would clean it up and get it running. If you do decide to then sell it, it will bring more money and it will give you more time to really be sure it's what you want to do. Did you or somebody in the family buy it new?
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Old Aug 18, 2016 | 01:01 PM
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I may be way off but I think that without touching it further it would bring $45,000. I know, crazy.
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Old Aug 18, 2016 | 01:12 PM
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It's an interesting car and a desirable year but the value will depend on alot of as yet unanswered questions. How is the frame? Is the motor original? Is it seized? VIN intact? If you can provide more pics and info, we can better assess the value. I love the single headlight 56/57.
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Old Aug 18, 2016 | 01:39 PM
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It would be nice to see another '57 resurrected from the dead. The color is a bit rare, it has a hardtop and the drive-train is a good option. The fact that it sat since '74 raises some issues.
If it were me, I would pursue buying it after checking out the frame and engine.
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Old Aug 18, 2016 | 01:40 PM
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Originally Posted by Geralds57
I would clean it up and get it running. If you do decide to then sell it, it will bring more money and it will give you more time to really be sure it's what you want to do. Did you or somebody in the family buy it new?
My dad bought it new.
I am biased toward maintaining it as is and roadworthy. I am concern about future value. That said, at what point would repair/rebuild tip the scale?
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Old Aug 18, 2016 | 01:49 PM
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I did the repairs on my '61 that was a bit north of you in an airplane hanger for 25+years. I fixed the engine, rebuilt the brakes, etc. etc. Left the paint alone, and it was like yours...worn but presentable. My seats and interior are in better shape, no splits. But, to restore my car would cost me a lot of $$$, and I enjoy driving it as is. To restore one of these can run 40-100K plus, depending on who does the work and how complete the car is. You have the luxury of your car being a '57, so it will be worth the money spent restoring it. Me, I would be inclined to fix it instead of restore: touch up/buff out the paint, repair the seats, rebuild the brakes, and drive it. Being a CA car that's been in inside storage for 42 years, rust would be pretty much not a concern, unless the car came from the East back in the day. If it is for sale, I am interested!
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Old Aug 18, 2016 | 01:55 PM
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Richard Newton on this board has written extensively in many threads about preservation/conservation vs. restoration. Car collectors are awakening to the fact that a well preserved original car that is usuable, or a sympathetically and very lightly restored car to make it usuable is vastly more rare, and therefore more valuable than restored cars.
If you go up to the search box and search 'preservation or restoration' and skim the list for C1 and C2 Discussion threads, you can see what all has been written previously.
Here is just one I grabbed for you that Richard wrote:

https://www.corvetteforum.com/forums...storation.html
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Old Aug 18, 2016 | 01:55 PM
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Originally Posted by capevettes
It's an interesting car and a desirable year but the value will depend on alot of as yet unanswered questions. How is the frame? Is the motor original? Is it seized? VIN intact? If you can provide more pics and info, we can better assess the value. I love the single headlight 56/57.
Frame - part number and date are still visible
Motor - 100% original, except upper radiator hose. Not seized. Heads were removed when it was new and rocker studs pinned by Frank McGurk
Vin - intact
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Old Aug 18, 2016 | 02:28 PM
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The stuff of dreams!
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Old Aug 18, 2016 | 02:56 PM
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Originally Posted by GTOguy
I did the repairs on my '61 that was a bit north of you in an airplane hanger for 25+years. I fixed the engine, rebuilt the brakes, etc. etc. Left the paint alone, and it was like yours...worn but presentable. My seats and interior are in better shape, no splits. But, to restore my car would cost me a lot of $$$, and I enjoy driving it as is. To restore one of these can run 40-100K plus, depending on who does the work and how complete the car is. You have the luxury of your car being a '57, so it will be worth the money spent restoring it. Me, I would be inclined to fix it instead of restore: touch up/buff out the paint, repair the seats, rebuild the brakes, and drive it. Being a CA car that's been in inside storage for 42 years, rust would be pretty much not a concern, unless the car came from the East back in the day. If it is for sale, I am interested!
I don't intend to restore.
Should anyone have a lead on surviving seat covers and carpet for sale please let me know
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Old Aug 18, 2016 | 03:07 PM
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Originally Posted by VETT457
My dad bought it new.
I am biased toward maintaining it as is and roadworthy. I am concern about future value. That said, at what point would repair/rebuild tip the scale?
I know what I would do if my father had bought this car new... It would not leave my sight, and there's not enough $$$ that would take from me!

Clean her up, make it roadworthy, and drive her as is.

With that said... for me there is no scale in life to measure it to!
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To 57 "Barn Find" value

Old Aug 18, 2016 | 03:16 PM
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Originally Posted by VETT457
Frame - part number and date are still visible
Motor - 100% original, except upper radiator hose. Not seized. Heads were removed when it was new and rocker studs pinned by Frank McGurk
Vin - intact
Basically these kinds of cars are worth what someone is willing to pay for them. Low mileage and one family owned, not rusty, makes it a desirable car. On the open market a ballpark of $25,000 to $45,000 is probably where you're at. If I were you I'd keep it in the family, clean it up, get it running and enjoy it. I would love to see you do this and keep us all informed as you go along.

Good luck whatever you decide.
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Old Aug 18, 2016 | 03:53 PM
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Originally Posted by capevettes
... keep it in the family, clean it up, get it running and enjoy it. I would love to see you do this and keep us all informed as you go along.

Good luck whatever you decide.
I'll do that.
You guys have been a great sounding board on this.
Thanks to everyone
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Old Aug 18, 2016 | 04:26 PM
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I hope to see much more this one family car!
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