Hi Neighbors - C2 question - Page 3 - CorvetteForum - Chevrolet Corvette Forum Discussion


C1 & C2 Corvettes
General C1 Corvette & C2 Corvette Discussion, Technical Info, Performance Upgrades, Project Builds, Restorations
Sponsored by:
Sponsored by:

Hi Neighbors - C2 question

Reply
 
 
 
Thread Tools Search this Thread
Old 02-17-2017, 11:34 AM   #41
gsholz
Junior Member
 
gsholz's Avatar
 
Member Since: Dec 2016
Location: PDX OR
Posts: 31
Thanked 3 Times in 2 Posts
Default

Just to give you another data point. I recently purchased a very nice 64 convertible (365hp, 4-speed) incl hard top, matching numbers and an older NCRS top flight winner for 52.5k + BAT auction fees. No regrets. Hagerty values the car around 80-90k. Seems a bit high.

Btw, great informative forum. I have read through over 1500 posts in this forum and have learned a lot.

Last edited by gsholz; 02-17-2017 at 11:37 AM.
gsholz is offline   Reply With Quote
Old 02-17-2017, 12:11 PM   #42
63 340HP
CF Senior Member
 
63 340HP's Avatar
 
Member Since: Nov 2005
Location: Beach & High Desert Southern California
Posts: 10,463
Thanked 116 Times in 95 Posts
Default

This car is in the C2 Registry.

Sold at BJ, Scottsdale, in 2009

https://www.c2registry.org/index.php...te&car_id=3579

I am surprised with the restoration that failed to include a Job Number or photo of the passenger foot well/firewall. If it really is a two owner car the Job# marking should still be intact and visible. The job# and the respective mark done on the assembly line is one aspect unique to each car that is near impossible to "restore."
63 340HP is offline   Reply With Quote
Old 02-17-2017, 12:17 PM   #43
IDSRVIT
CF Senior Member
Thread Starter
 
IDSRVIT's Avatar
 
Member Since: Jul 2009
Location: Sioux Falls South Dakota
Posts: 1,361
Thanks: 0
Thanked 14 Times in 14 Posts
Default

Quote:
Originally Posted by 63 340HP View Post
This car is in the C2 Registry.

Sold at BJ, Scottsdale, in 2009

https://www.c2registry.org/index.php...te&car_id=3579

I am surprised with the restoration that failed to include a Job Number or photo of the passenger foot well/firewall. If it really is a two owner car the Job# marking should still be intact and visible. The job# and the respective mark done on the assembly line is one aspect unique to each car that is near impossible to "restore."
This is awesome..... Thank you very much
IDSRVIT is online now   Reply With Quote
Old 02-17-2017, 12:41 PM   #44
OldKarz
CF Senior Member
 
OldKarz's Avatar
 
Member Since: Mar 2007
Location: On the bank of the Columbia River..... Washington State
Posts: 3,954
Thanked 35 Times in 35 Posts
Default

At that number the car IMO is way overpriced. If it checks out and is a real fuel car, then I believe the car would sell for 55K-65K max. It is my opinion, and we all know what thats worth, a 63 rag has been the bargain of all mid years....Yes I own the real red headed step child, a 327/365 64 Daytona blue coupe, and until recently a 66 BB Laguna Blue coupe....

Last edited by OldKarz; 02-17-2017 at 12:42 PM.
OldKarz is offline   Reply With Quote
Old 02-17-2017, 02:58 PM   #45
IDSRVIT
CF Senior Member
Thread Starter
 
IDSRVIT's Avatar
 
Member Since: Jul 2009
Location: Sioux Falls South Dakota
Posts: 1,361
Thanks: 0
Thanked 14 Times in 14 Posts
Default

I found it on Barrett Jackson's past sale page


Lot 1248.2
Selling Price = $105,600 includes buyer's commissions (not sure how much that is)
Sold as no reserve

http://www.barrett-jackson.com/Event...VERTIBLE-70745

Now what??
IDSRVIT is online now   Reply With Quote
Old 02-17-2017, 03:05 PM   #46
MikeM
CF Senior Member
 
Member Since: Mar 2003
Location: Greenville, Indiana
Posts: 19,509
Thanked 375 Times in 336 Posts
Default

Quote:
Originally Posted by IDSRVIT View Post

Now what??

The next step is a close visual inspection of that car by a qualified individual. The worth of that car could vary somewhere between breaking it up for parts because of what's hidden under fresh shiny paint or top dollar because it's worthy of big bucks.

When You get that info together, you can get a better answer here. Until then, the "guessers" will give you all kinds of prices as will those that don't prefer a '63 convertible, those that do prefer a '63 convertible and so on and so on.
MikeM is offline   Reply With Quote
Old 02-17-2017, 03:05 PM   #47
Frankie the Fink
CF Senior Member
Support Corvetteforum!
 
Frankie the Fink's Avatar
 
Member Since: Aug 2007
Location: Orlando Metro Area Florida
Posts: 36,255
Thanked 1,439 Times in 1,220 Posts
Default

I don't know what to tell you besides echoing MikeM; schedule an inspection and if the seller balks at that look elsewhere...

I think the seller has placed an unrealistic value on the piece and its damn hard to talk people down from that...

If some testosterone-poisoned fat cat, swilling booze with a trophy wife on his arm wants it at BJ - you may be out of luck..

Last edited by Frankie the Fink; 02-17-2017 at 03:07 PM.
Frankie the Fink is offline   Reply With Quote
Old 02-17-2017, 03:11 PM   #48
IDSRVIT
CF Senior Member
Thread Starter
 
IDSRVIT's Avatar
 
Member Since: Jul 2009
Location: Sioux Falls South Dakota
Posts: 1,361
Thanks: 0
Thanked 14 Times in 14 Posts
Default

Quote:
Originally Posted by Frankie the Fink View Post
I don't know what to tell you besides echoing MikeM; schedule an inspection and if the seller balks at that look elsewhere...

I think the seller has placed an unrealistic value on the piece and its damn hard to talk people down from that...

If some testosterone-poisoned fat cat, swilling booze with a trophy wife on his arm wants it at BJ - you may be out of luck..
Sounds good.... Thanks all
IDSRVIT is online now   Reply With Quote
Old 02-18-2017, 12:48 AM   #49
63 340HP
CF Senior Member
 
63 340HP's Avatar
 
Member Since: Nov 2005
Location: Beach & High Desert Southern California
Posts: 10,463
Thanked 116 Times in 95 Posts
Default

Quote:
Originally Posted by IDSRVIT View Post
I found it on Barrett Jackson's past sale page


Lot 1248.2
Selling Price = $105,600 includes buyer's commissions (not sure how much that is)
Sold as no reserve

http://www.barrett-jackson.com/Event...VERTIBLE-70745

Now what??
You now have a verified price, and history, to work with.

2009 was a high price point era as many retiree folks were abandoning the failing stock market and looking for more stable investments... and paying top dollar for a piece of their lost youth. This is more proof that the only good investment potential with a car is provenance and documented rarity, and this car has neither attribute.

The long term potential for the car is enjoyment, and gambling on a buyer at a reasonable price a decade from now.

Many guys will not want to hear this, but restored C2 cars are expected to go down or remain flat in value for the near term future. One reason is the abundance of NOS parts and reproduction parts, and the fact that it is easier to properly restore a C2 now than ever before. Many original unobtainable 63 only parts are now available in reproduction (brake master cylinders, door *****, mirrors, water pumps, etc.). Another reason is discretionary income of people like many here who have the cash to restore cars now, and the desire and tenacity for a restoration project compared to a resto-rod tribute. The supply of quality, NCRS Top Flight quality, restored C2's is still increasing, while the demand is leveling off (or dropping). The other major reason for stale investment potential is the high quality of the current resto-rod and Gran-Sport chassis options. A mid-life enthusiast who wants C2 style is not as comfortable with drum brakes, a gen-1 SBC, manual steering and brakes, seats that let you slide into the passenger, and all that character lacking in modern C4-C7 chassis and driveline/interior upgrades. The hobby is changing, with people demanding modern handling and reliability, following the Model-T, Model-A, Cord-Auburn, and other collector car's pathway where the demand for restoration quality is not valued as much as modern convenience.

This 63 is a very nice car. Any speculation beyond the 20-foot photo appraisal is a risk/reward gamble, unless an expert identifies something of note. Negotiate accordingly.

Nobody ever complains they paid too much twenty years from now (if they enjoy the ride).
63 340HP is offline   Reply With Quote
Old 02-18-2017, 07:05 AM   #50
rtruman
CF Senior Member
 
rtruman's Avatar
 
Member Since: Dec 2009
Posts: 3,311
Thanked 130 Times in 119 Posts
Default

Quote:
Originally Posted by 63 340HP View Post
You now have a verified price, and history, to work with.

2009 was a high price point era as many retiree folks were abandoning the failing stock market and looking for more stable investments... and paying top dollar for a piece of their lost youth. This is more proof that the only good investment potential with a car is provenance and documented rarity, and this car has neither attribute.

The long term potential for the car is enjoyment, and gambling on a buyer at a reasonable price a decade from now.

Many guys will not want to hear this, but restored C2 cars are expected to go down or remain flat in value for the near term future. One reason is the abundance of NOS parts and reproduction parts, and the fact that it is easier to properly restore a C2 now than ever before. Many original unobtainable 63 only parts are now available in reproduction (brake master cylinders, door *****, mirrors, water pumps, etc.). Another reason is discretionary income of people like many here who have the cash to restore cars now, and the desire and tenacity for a restoration project compared to a resto-rod tribute. The supply of quality, NCRS Top Flight quality, restored C2's is still increasing, while the demand is leveling off (or dropping). The other major reason for stale investment potential is the high quality of the current resto-rod and Gran-Sport chassis options. A mid-life enthusiast who wants C2 style is not as comfortable with drum brakes, a gen-1 SBC, manual steering and brakes, seats that let you slide into the passenger, and all that character lacking in modern C4-C7 chassis and driveline/interior upgrades. The hobby is changing, with people demanding modern handling and reliability, following the Model-T, Model-A, Cord-Auburn, and other collector car's pathway where the demand for restoration quality is not valued as much as modern convenience.

This 63 is a very nice car. Any speculation beyond the 20-foot photo appraisal is a risk/reward gamble, unless an expert identifies something of note. Negotiate accordingly.

Nobody ever complains they paid too much twenty years from now (if they enjoy the ride).
No Matter how many parts come into play there are only so many split windows on the market you cant fake that part supply and demand.
rtruman is offline   Reply With Quote
Old 02-18-2017, 07:21 AM   #51
Frankie the Fink
CF Senior Member
Support Corvetteforum!
 
Frankie the Fink's Avatar
 
Member Since: Aug 2007
Location: Orlando Metro Area Florida
Posts: 36,255
Thanked 1,439 Times in 1,220 Posts
Default

Not sure what all that was about....this fella just wanted a nice C2 convertible to drive -- I don't think he expected to retire by flipping it.....
Frankie the Fink is offline   Reply With Quote
Old 02-18-2017, 07:59 AM   #52
MikeM
CF Senior Member
 
Member Since: Mar 2003
Location: Greenville, Indiana
Posts: 19,509
Thanked 375 Times in 336 Posts
Default

Quote:
Originally Posted by rtruman View Post
No Matter how many parts come into play there are only so many split windows on the market you cant fake that part supply and demand.
So, do you believe that everyone lusts after one of those cars?

It's possible there is more demand for a '57 Bel Air which is why they make repop bodies.
MikeM is offline   Reply With Quote
Old 02-18-2017, 08:28 AM   #53
Frankie the Fink
CF Senior Member
Support Corvetteforum!
 
Frankie the Fink's Avatar
 
Member Since: Aug 2007
Location: Orlando Metro Area Florida
Posts: 36,255
Thanked 1,439 Times in 1,220 Posts
Default

Gads - lets not go down the split window vs the world again...

And lots of the split window repro parts don't look or fit worth a damn.....shifter consoles, valence heat shields, and on and on...
Frankie the Fink is offline   Reply With Quote
Old 02-18-2017, 09:01 AM   #54
Lotsacubes
CF Senior Member
 
Member Since: Feb 2015
Location: Huntsville AL & TN
Posts: 301
Thanked 41 Times in 37 Posts
Default

I was in you position a year ago. Decided we would enjoy the summer of '16 with a C2 vert. Www.usedcorvettesforsale.com became my go to site to get a sense of, first which year did I want, then what's a reasonable value for nice driver. I say reasonable, because after researching for about a year, we were going to own "something" within a month or so. I knew from that site a median price range for a nice driver like what I wanted was 60-75k. AND I accepted the fact that it's likely that after purchasing one I'd see a nicer car for about the same money. Regardless I knew I wouldn't take a 20% hit like I would if I bought a new '16. Also as a C2 newbie, I've learned so much first hand messing and improving my mid pride range '66. I can afford a 100+k '66, but absolutely certain I probably wouldn't have enjoyed it as much as our non-perfect, have fun, 67k, very nice driver with some stone chips. You can absolutely have as much or more fun with a 55-70k, non-fuelie C2. So, glad I'm getting my C2 education from a price point I can flip it at any time and drive the crap out of. Let us know what you think after seeing 40-50 '63s at that website. Best wishes.
Lotsacubes is offline   Reply With Quote
Old 02-18-2017, 12:17 PM   #55
63 340HP
CF Senior Member
 
63 340HP's Avatar
 
Member Since: Nov 2005
Location: Beach & High Desert Southern California
Posts: 10,463
Thanked 116 Times in 95 Posts
Default

Quote:
Originally Posted by rtruman View Post
No Matter how many parts come into play there are only so many split windows on the market you cant fake that part supply and demand.

​​​​​​​
The thread subject is a roadster.

A beautiful restored roadster.

Apples and oranges.
63 340HP is offline   Reply With Quote
Old 02-18-2017, 12:22 PM   #56
63 340HP
CF Senior Member
 
63 340HP's Avatar
 
Member Since: Nov 2005
Location: Beach & High Desert Southern California
Posts: 10,463
Thanked 116 Times in 95 Posts
Default

Quote:
Originally Posted by Frankie the Fink View Post
Not sure what all that was about....this fella just wanted a nice C2 convertible to drive -- I don't think he expected to retire by flipping it.....
Frankie, the intent was to highlight the 2009 purchasers intent, and how it worked out. The car was not driven, and displayed like a museum piece. The car lost investment value.

​​​​​​​The dealership may have benefited from the attraction value, hopefully breaking even on the sales value difference by other cars sold, but few private owners will share a similar benefit.

The desire of a nice driver, and the fit this car provides, is the owners challenge. We can only add praise for the car condition, and caution regarding the appearance and intended use on future expectation of value.

​​​​​​​

Last edited by 63 340HP; 02-18-2017 at 12:32 PM.
63 340HP is offline   Reply With Quote
Old 02-18-2017, 07:39 PM   #57
rtruman
CF Senior Member
 
rtruman's Avatar
 
Member Since: Dec 2009
Posts: 3,311
Thanked 130 Times in 119 Posts
Default

Quote:
Originally Posted by MikeM View Post
So, do you believe that everyone lusts after one of those cars?

It's possible there is more demand for a '57 Bel Air which is why they make repop bodies.
Mike I know you thru the years ,and know you sold your coup years ago ,
I know about your convertible
I feel you regret that and hold strong opinions on Split window coups .
I think its always bothers you that you sold it and let it go.
I sold a big block corvette for 13000 and know how it feels.
I had a 57 Chevy thru high school that's all I could afford and always wanted a corvette .
rtruman is offline   Reply With Quote
Old 02-19-2017, 06:50 AM   #58
IDSRVIT
CF Senior Member
Thread Starter
 
IDSRVIT's Avatar
 
Member Since: Jul 2009
Location: Sioux Falls South Dakota
Posts: 1,361
Thanks: 0
Thanked 14 Times in 14 Posts
Default

Quote:
Originally Posted by Frankie the Fink View Post
Not sure what all that was about....this fella just wanted a nice C2 convertible to drive -- I don't think he expected to retire by flipping it.....
Exactly right Frankie

I don't buy to flip, I buy to enjoy. We currently have many vehicles, some newer, and some very nice classics and then some not so nice classics that I'm in the middle of restoring.

Our biggest collection is classic mustangs. We have a 65 coupe, 66 convertible, 67 convertible, two 68 coupes (one early model, one late model) and a 69 convertible. It's already in our will that once my wife and I die each kid will get a specific classic mustang.

As far as the other cars we have, we have a 75 corvette coupe, 2008 C6 convertible, 2012 GT/CS convertible mustang, 2015 Dodge Challeger Scat Pack and a 2016 GT/CS Mustang convertible. Any vehicle like this that we own at the time my wife & I leave this earth it's written into the will that they are to be sold and the money divided up among the kids however if one of the kids wants to buy one of the vehicles they can they just need to pay fair market value for it determined by the executor of the will to be split up among the other 4 kids.

This is all about enjoyment and passing on my love of cars to my kids. I'm well aware I will not get rich from any vehicle nor am I looking to get rich or have any grand illusions that I possibly could.

Some day I will also have a 63 split window coupe, this has been my ultimate goal since my uncle bought one back in 66 and I fell in love with that body style.

Right now in my life however I love convertibles, and I really like 62-67 convertibles. The C2 being discussed here, the reason I'm interested in it besides being nice (yes, I'm working to get it inspected) is that it's a Fuelie which don't come up a lot which is why it really has my interest. If it falls through, it falls through and life goes on, but it's about have a really nice classic that I plan on enjoying verses keeping it in a bubble in the garage holding my breath some day I'll triple my money.

Here are some pics of our cars, so people on this thread are not wondering if I'm feeding you a line. Some are taken at our house, some are taken at my off-site garage.


65 Mustang Coupe, 66 & 69 Mustang convertibles:



2012 GT/CS Mustang & 2015 Dodge Scat Pack



2016 GT/CS Mustang convertible



75 Corvette (restoring)



68 early model coupe



2008 C6 convertible



67 Mustang Convertible



68 late model Mustang coupe (in the middle of restoration)

Last edited by IDSRVIT; 02-19-2017 at 06:52 AM.
IDSRVIT is online now   Reply With Quote
Old 02-19-2017, 08:38 AM   #59
ChattanoogaJSB
CF Senior Member
Support Corvetteforum!
 
ChattanoogaJSB's Avatar
 
Member Since: Oct 2009
Location: Chattanooga Tennessee
Posts: 4,876
Thanked 337 Times in 262 Posts
Default

I envy your collection!
ChattanoogaJSB is offline   Reply With Quote
Old 02-19-2017, 08:55 AM   #60
corvetteed
CF Senior Member
St. Jude Donor '14-'15-'16-'17
 
corvetteed's Avatar
 
Member Since: Mar 2003
Location: Wilmington N C
Posts: 7,616
Thanked 91 Times in 83 Posts
Default

Quote:
Originally Posted by ChattanoogaJSB View Post
I envy your collection!
and, your "off site" garage. Nice toys; nice space.
corvetteed is offline   Reply With Quote
Go Back   CorvetteForum - Chevrolet Corvette Forum Discussion >
Reload this Page
  • Hi Neighbors - C2 question
  •  
     
    Reply

    Related Topics
    Thread Thread Starter Forum Replies Last Post
    FS 1968 Camaro Convertible EXCELLENT... 1KULC7 F-Body General Discussion 6 09-24-2016 05:43 PM
    1968 Camaro Convertible..... 1KULC7 Southeast 2 09-19-2016 02:08 PM
    Looking at 72 Coupe Base 4sp 80sRule C3 General 6 03-26-2016 05:07 AM
    Price for '96 CE Convertible w/LT4? mraynek C4 General Discussion 15 02-01-2016 12:32 PM


    Thread Tools Search this Thread
    Search this Thread:

    Click for Advanced Search

    Posting Rules
    You may not post new threads
    You may not post replies
    You may not post attachments
    You may not edit your posts

    BB code is On
    Smilies are On
    [IMG] code is On
    HTML code is Off
    Trackbacks are Off
    Pingbacks are Off
    Refbacks are Off

    Forum Jump

    Sponsored Ads
    Vendor Directory

    All times are GMT -4. The time now is 06:04 AM.


     
    • Ask a Question
      Get answers from community experts
    Question Title:
    Description:
    Your question will be posted in: