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Who trades a vintage corvette in on a new car

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Old 02-27-2017, 04:18 PM
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MOXIE62
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Default Who trades a vintage corvette in on a new car

I was at the Toyota dealer and there on the show room floor was the nicest 1963 corvette roaster I've ever seen. White with red interior. I asked the salesman what the story was and he said the car was a barn find traded in on a new Toyota but he did not know what model. He said the dealer had it restored with a body off and it sure look good. I would love to know what the dealer gave for the car because I bet he stole it. Reminds me of a 58 back in 2000 that I was trying to buy. After I got a hold of the owner, he told me he traded it in on a new car. I asked him if he mind telling me what they gave for it. $600. I just hung up.
Old 02-27-2017, 04:22 PM
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jimh_1962
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WTH!

Did you offer a price?
Old 02-27-2017, 04:25 PM
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phil2302
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Originally Posted by MOXIE62
I was at the Toyota dealer and there on the show room floor was the nicest 1963 corvette roaster I've ever seen. White with red interior. I asked the salesman what the story was and he said the car was a barn find traded in on a new Toyota but he did not know what model. He said the dealer had it restored with a body off and it sure look good. I would love to know what the dealer gave for the car because I bet he stole it. Reminds me of a 58 back in 2000 that I was trying to buy. After I got a hold of the owner, he told me he traded it in on a new car. I asked him if he mind telling me what they gave for it. $600. I just hung up.
In 1986 I bought my 66 at a Chevrolet dealership. They had taken it on trade a few days prior from a guy who bought the new 1986 Corvette convertible. I think the 86 Vette was the 1st true convertible in many years so maybe he was all jazzed about that. However I think where ever he is now he probably regrets the trade in.
Old 02-27-2017, 04:29 PM
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A fool and his money (or Classic Corvette) are soon parted...A Toyota yet! LOL.
Old 02-27-2017, 04:34 PM
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Originally Posted by 61 Roadster
A fool and his money (or Classic Corvette) are soon parted...A Toyota yet! LOL.
you do realize a Toyota Tacoma has a better resale value (percentage of price payed new) than a new Corvette don't you ?
Old 02-27-2017, 04:45 PM
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Did I mention a new Corvette?
Old 02-27-2017, 04:45 PM
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jrs 427
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With the internet, ten key strokes will give you information on most everything needed to know including average prices. The old barn theory makes for a good story over beers. I wouldn't believe half the experiences some share about finding a new old car, adding a battery and gas driving off into the sunset.
The son leaving the new car not coming back from the war saga has been replaced by barn finds. Amazing how many forget they have this classic till decades later ... and just want it removed to store more hay. Postmen walking their route have better experiences checking out back yards for treasures. I'm in the minority reading boring for sale ads.
Old 02-27-2017, 04:47 PM
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Originally Posted by Mikado463
you do realize a Toyota Tacoma has a better resale value (percentage of price payed new) than a new Corvette don't you ?
What's the resale value (percentage of price paid new) on the 63 Corvette? Apples/oranges.
Old 02-27-2017, 05:10 PM
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Originally Posted by jimh_1962
WTH!

Did you offer a price?
No, do not want it or need it. I don't even know what they are asking for it, assuming it's for sale. I'll find out tomorrow.
Old 02-27-2017, 05:20 PM
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some one local traded a 67 convertible on a C6 at a local corvette dealer. they give him 30ish for the car and he was happy. it upset a few local guys in town as the owner of the 67 turned down offers more then 30 for his car a few months before.
Old 02-27-2017, 06:54 PM
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Originally Posted by Nowhere Man
some one local traded a 67 convertible on a C6 at a local corvette dealer. they give him 30ish for the car and he was happy. it upset a few local guys in town as the owner of the 67 turned down offers more then 30 for his car a few months before.
If dealer offered same 30ish as the other guys he came out better trading it in to the dealer since he saves the sales tax on the $30,000 number for his trade. A 7% sales tax rate saved him $2100!! Assumes he always planned to buy the C6.
Old 02-27-2017, 07:01 PM
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I bought my 65 from a Chevrolet dealer. It had been traded in on a new car. And I traded my C 6 in on the sale.
Old 02-27-2017, 07:08 PM
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Originally Posted by RJ1
I bought my 65 from a Chevrolet dealer. It had been traded in on a new car. And I traded my C 6 in on the sale.
And then sold the wheels and tires to some yahoo up in NC.
Old 02-27-2017, 07:16 PM
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One of the salesman at my sign company on Vancouver island here in BC, worked at a Chevy dealership , whose owner was a big time Car guy, ( good friends with Ron Fellows) he took in a trade on a new Avalanche a few years ago, 67 Black with red stinger, big block roaster, beautiful car, ( I saw it in the showroom) he gave him around $40,000.00 for the trade , and a couple of months later the old guy called him and said he had found the original L71 stored in one of his garages and he could have it.
Old 02-27-2017, 07:55 PM
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Originally Posted by RJ1
If dealer offered same 30ish as the other guys he came out better trading it in to the dealer since he saves the sales tax on the $30,000 number for his trade. A 7% sales tax rate saved him $2100!! Assumes he always planned to buy the C6.
he went in thinking his running and driving convertible was only worth 30K
Old 02-27-2017, 08:08 PM
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Hilarious. Extremely bad judgement. I have one that a friend profited on. This was about 1993 or so....my buddy ran a transmission shop and had a 1989 Ford Taurus given to him for free because it of course had a blown up transmission. Buddy bolts in a reman unit and trades the Taurus straight across for a super clean, always-garaged 1958 El Dorado Barritz stainless steel top tripower coupe with 38k on the clock. I drove the car, it drove like a new car. He sold the '58 back then for over 26k.......I wonder what a white, '89 Taurus 4 door is worth today? Anybody trading in a classic on a new car is throwing money away at hyper speed, IMO.
Old 02-27-2017, 08:48 PM
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Originally Posted by 61 Roadster
Did I mention a new Corvette?
no..........just......"a Toyota yet ! LOL" , implying that it was some sort of red headed step child and I merely pointed out that it held it's value better that a new Vette.

Whatever ............

Last edited by Mikado463; 02-27-2017 at 08:49 PM.

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Old 02-27-2017, 08:52 PM
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A neighbor down the street traded his red 70 ragtop in on a new Camaro last year. I'd been waiting for the car to come up for years. Talked to him and his wife about letting me know and they never did.....@^$%*$( %(@($*......red, base motor, 4 speed, blk interiour, extra clean.











.

Last edited by Kerrmudgeon; 02-27-2017 at 08:53 PM.
Old 02-27-2017, 09:03 PM
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rayvaflav
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A friend of mine bought a midyear from a local OKC Chevrolet dealership in 1984. It was a trade-in. Well, one of the trade-ins. The other trade-in was a '78 Pace Car. Oh, and the midyear is a '65 fuel-injected coupe. The guy who traded these two in just had to have that new recently restyled Corvette. Again, this was in 1984.

Ray
Old 02-27-2017, 09:16 PM
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gbvette62
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Back in the 70's, I had a friend who had a beautiful, fully restored, 327/350, 65 Glen Green coupe. In 78 he was transferred to Dallas, and took the car with him. When the 79's came out, he stopped by a local dealer to look at the new 79's, and the dealer convinced him to trade his 65 in, on a new 79.

If I remember right, the 79 listed for around $13,500-$14,000, and they traded the 65 even up for the 79! I lost contact with him about 30 years ago, I wonder how he feels about making that deal now?


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