1958 Corvette on Craigslist
#1
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1958 Corvette on Craigslist
Hey all,
This car has been for sale within California for a few weeks. Does 60k seem like a fair price based upon the pictures? Any input is appreciated.
https://sfbay.craigslist.org/sby/cto/6149666680.html
Thanks,
Kevin
This car has been for sale within California for a few weeks. Does 60k seem like a fair price based upon the pictures? Any input is appreciated.
https://sfbay.craigslist.org/sby/cto/6149666680.html
Thanks,
Kevin
Last edited by Kevin90; 05-27-2017 at 11:42 PM.
#3
Melting Slicks
I wonder if 24K would get this one as nice, minus the bird **** on the roof.
http://www.ebay.com/itm/1958-Chevrol...vip=true&rt=nc
http://www.ebay.com/itm/1958-Chevrol...vip=true&rt=nc
#5
Melting Slicks
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At first glance it looks pretty good. Panama Yellow's are pulling a premium and have been for several years. Of course there is no way to know if it started life that way (doesn't mention any original paperwork, so making an assumption), but that doesn't matter in this case. Looks like a decent restoration but not a professional job. I can't tell what transmission it has in it. Is it a PG or 4 speed? Paint color looks spot on (sometimes they are too yellow and not enough green). Jack and tools in trunk? Hardtop will cost you about several thousand to have restored to the level of the car assuming you want to do that. Since he is firm on his price, I would make double sure everything is there, check the frame for repairs, get expert opinion on engine stamp pad and show us the VIN tag. If all checks out, it's not a screaming deal, but pretty fair in today's market for a matching numbers Panama Yellow. My honest opinion.
Panama58
Panama58
#6
Melting Slicks
I agree with Panama 58. Looks like a pretty straight car, but anything can be made to look good in pictures- you'd have to see it in person. Little things always raise my eyebrow, like why would you install those lower inner front shafts on the crossmember without putting a finish on them first? Takes away from an otherwise really nice looking underside. Why he didn't clean up the hardtop is beyond me. Maybe trying to add a little "barn find" feel to it?
Looks like it's a 4-speed, and at $60k doesn't seem out of line. The car that GTs 58 linked to sold for $34,500, and you'd have to put a lot more than $25,000 into that car to get it to the level of this one. Probably worth taking a look at this one if you're serious.
Rich
Looks like it's a 4-speed, and at $60k doesn't seem out of line. The car that GTs 58 linked to sold for $34,500, and you'd have to put a lot more than $25,000 into that car to get it to the level of this one. Probably worth taking a look at this one if you're serious.
Rich
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#8
Le Mans Master
He also said it was supposed to be a dual quad car but doesnt have the setup on it, that alone could run you $4-6k to replace with a correct setup. I saw Podel at a swap meet asking $7k for a complete restored setup.
#9
Melting Slicks
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Good catch Scott. If a set up doesn't come with the car, that is a large expense. I think you can find other quality set-ups along with the right intake for less than $7K, but he is one of the best for sure. Makes you kind of wonder why the car wasn't put back together with the right components. OP- BTW- the wheels should be silver and not black. All '58 wheels were painted silver. Good luck with your purchase if you choose to pursue.
Panama58
Panama58
#10
Car presents very well, very nice paint crack about 2inchs on the hood, and another on the hard top. Photo of the hardtop was meant to show how it was found. Block is about 4months prior to the build of the car and transmission is a Muncie. Radio does not work and neither does the odometer. Real 58 bumpers and trunk spears. It will need all the fluids, hose, brakes and brake lines and tires, will all need to be addressed. It over heats guessing the thermostat is stuck or the cooling system is all gunked up from sitting with no use and not properly maintained. Motor seems to run strong has a mild cam in. Color was originally charcoal, California car purchased from the second owner story was second owner restored and just parked it along with a number of other cars that seem to be just wasting away in a barn. Over all it would make a nice driver once it was made ready for driving.
He's 100% firm on $60K has turned down $55K a few times already.
This is what was told to me by someone who viewed it.
He's 100% firm on $60K has turned down $55K a few times already.
This is what was told to me by someone who viewed it.
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GTs 58 (05-28-2017)
#11
Melting Slicks
Car presents very well, very nice paint crack about 2inchs on the hood, and another on the hard top. Photo of the hardtop was meant to show how it was found. Block is about 4months prior to the build of the car and transmission is a Muncie. Radio does not work and neither does the odometer. Real 58 bumpers and trunk spears. It will need all the fluids, hose, brakes and brake lines and tires, will all need to be addressed. It over heats guessing the thermostat is stuck or the cooling system is all gunked up from sitting with no use and not properly maintained. Motor seems to run strong has a mild cam in. Color was originally charcoal, California car purchased from the second owner story was second owner restored and just parked it along with a number of other cars that seem to be just wasting away in a barn. Over all it would make a nice driver once it was made ready for driving.
He's 100% firm on $60K has turned down $55K a few times already.
This is what was told to me by someone who viewed it.
He's 100% firm on $60K has turned down $55K a few times already.
This is what was told to me by someone who viewed it.
Rich
#12
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Well in my opinion based on the pictures and seller's description I would not pay over $40K for it. The dual quads will cost you $6K to replace with original rebuilt carbs or $4K for same with clone carbs.
I am basing this price on my recent purchase of a like condition 57 in Feb for $47K. My car was not an original dual quad car but IS a two top car. Other than that they are very comparable cars. I think a 57 commands a higher price than a 58-62.
I am basing this price on my recent purchase of a like condition 57 in Feb for $47K. My car was not an original dual quad car but IS a two top car. Other than that they are very comparable cars. I think a 57 commands a higher price than a 58-62.
#13
Melting Slicks
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Thanks for the information taken from someone who has seen the car. So, let's see, NOM, wrong transmission, wrong intake and carb set-up, cracked paint, not driven for several years so who knows what else you will find, I would have to withdraw my comments of sellers $60K price tag. If you could buy it and be happy not having anything near an original car, just get it running and enjoy it for what it is, then $45K to $50K is a fair price. Doesn't sound like the seller is going to budge, but I will bet you that someone will pay his price and all will be happy in his world. I would pass if this is not what you are looking for. Best of luck.
Panama58
Panama58
#14
Racer
nice car, most of the people commenting here would ask the same money if it where theirs. BTW my BORN WITH HARDTOP is in worse shape! $40K.....Some people just make me laugh! These same folks would tell you a 58 builder pulled out of a barn was worth that money!
#15
Melting Slicks
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You may be right, but there is a difference in pricing to sell and pricing it at "I don't want to sell it, but if someone is willing to buy it at this price....". It is a pieced together car. The price neither represents what the car really is or a mostly correct car. It's in between. If it wasn't Panama Yellow he would have little hope in selling it for $60K. He states that it is in "immaculate condition". From the eye witness, it doesn't appear to be so. I love the car.....at the right price. BTW-what's the deal with putting an original corvette engine in this car that was made four months prior to the assembly of the car. I know NCRS allows six, but I don't think this was an attempt to follow NCRS guidelines. Then to not top it off with the carbs. To each his own.