[C2] Opinions on the deduction of color change
#121
Le Mans Master
I think you could get a 1000 different estimates of the deduct value of non matching paint and you would still not be satisfied. You just enjoy playing mind games on the Internet. I think they call someone like you a troll. After you conclude this exercise you will soon start up a new one. If all of us had you on ignore, you would soon move along to some other interest, fly-fishing, collecting rare bottles, the walking dead, I don't know what. Anyway, good luck to you.
#122
Sorry, letz keep this on topic and present FACTS... my advanced research and calculations come to a mere $17.99 cost difference.
As you once stated, "I'm presenting the FACTS and people will find that when you present a good case they will change their minds."
And if that didn't change your mind, try the TV remote... with fresh batteries.
As you once stated, "I'm presenting the FACTS and people will find that when you present a good case they will change their minds."
And if that didn't change your mind, try the TV remote... with fresh batteries.
#123
Burning Brakes
Member Since: Jun 2005
Location: Hinesville, GA & Oswego, NY
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I think this whole thread comes down to the old adage "money talks and bull sh-t walks".
When I set a price on something, if you want it, buy it, if you don't like the price move on, the harder you try to beat me down the harder I dig my heels in, I have never been in a position where I had to sell something and there is a good chance the present owner is in the same position.
Bill
When I set a price on something, if you want it, buy it, if you don't like the price move on, the harder you try to beat me down the harder I dig my heels in, I have never been in a position where I had to sell something and there is a good chance the present owner is in the same position.
Bill
#124
Safety Car
Bein you kinda cracked the door open a tad on this one, you willing to spill the beans on what went down?
#125
Safety Car
I think this whole thread comes down to the old adage "money talks and bull sh-t walks".
When I set a price on something, if you want it, buy it, if you don't like the price move on, the harder you try to beat me down the harder I dig my heels in, I have never been in a position where I had to sell something and there is a good chance the present owner is in the same position.
Bill
When I set a price on something, if you want it, buy it, if you don't like the price move on, the harder you try to beat me down the harder I dig my heels in, I have never been in a position where I had to sell something and there is a good chance the present owner is in the same position.
Bill
#126
Safety Car
I did not say that. I said I think the owner's asking price of $70K is too much for the car considering the car is painted the wrong color according to the TT.
I am aware that it is a bigger world out there than the purist, NCRS, etc. I would think that on a Corvette site I would find more purist that would chime in on this subject with a dollar amount deduction based on a percentage of the car's value IF it were painted the correct color according to the TT.
Yes, with my 45 years of experience with old Corvettes I already have a pretty good idea of what the car is worth in the wrong color. I am looking for 3rd party reinforcement of that, that I can show the seller.
The 6 pages is mostly made up of people that are not as Frankie put it part of the 'originality' crowd and their opinions. Don't take this the wrong way but sorry, but I really don't value their opinions in this exercise.
I am aware that it is a bigger world out there than the purist, NCRS, etc. I would think that on a Corvette site I would find more purist that would chime in on this subject with a dollar amount deduction based on a percentage of the car's value IF it were painted the correct color according to the TT.
Yes, with my 45 years of experience with old Corvettes I already have a pretty good idea of what the car is worth in the wrong color. I am looking for 3rd party reinforcement of that, that I can show the seller.
The 6 pages is mostly made up of people that are not as Frankie put it part of the 'originality' crowd and their opinions. Don't take this the wrong way but sorry, but I really don't value their opinions in this exercise.
#127
Drifting
I'm living that dream right now with a '61 I bought 2 and a half years ago. It's a used car that I drive, with wrong engine and wrong transmission, and I drive it to work, and to Walmart, and wherever. No worries about paint chips or judgement points....just keeping it rubber side down going through the gears..........
Having fun DRIVING the car of your dreams!!!!
My '65....NOM, White changed to Silver, but it sure is nice to make the decision to drive it to work, Dairy Queen or just a good ole country drive in the mountains.
#128
Team Owner
NEVER, never burn your bridges.
Apologize for the off topic digression.
Last edited by Frankie the Fink; 11-15-2017 at 08:14 AM.
#129
Burning Brakes
Color Change
Amen, Amen, Amen....Ray Charles and Stevie Wonder can see that your purchase offer should be based upon "your" actual cost to take it back to the correct color from the shop you've selected to do the work. The cost to change back to vinyl is minimal.
Since some people on the forum say they can get a superb down to glass paint job for $10k and others in different regions estimate $25k, the potential deduct amount is based upon what you, "yourself", are paying for the same high quality redo.
Man, this thread has gone crazy!
Since some people on the forum say they can get a superb down to glass paint job for $10k and others in different regions estimate $25k, the potential deduct amount is based upon what you, "yourself", are paying for the same high quality redo.
Man, this thread has gone crazy!
Why not go to Corvette specialist of your choice and pay for a written estimate on the cost of color change to the correct color? It is far less subjective than any of the opinions you have gotten from the people who's opinions you value and it is a starting point to negotiate with the seller from. It seems like you have real interest in the car but you just don't want to over pay for it and be upside down if you choose to sell it at some point.
Last edited by mblake101; 11-15-2017 at 08:35 AM. Reason: Typo
#130
Team Owner
Member Since: Mar 2003
Location: Greenville, Indiana
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That is because you and the other used car appraisers here won't give him the answer he is looking for and he's done with you. He wants percentages,
#131
Team Owner
A 75% bigger font doesn't help much either
#132
Pro
Here’s a story about color change and effect on value.
When I bought my '67 a few years back I did my due diligence and checked the car out as best I knew how at the time. I found a car that was of interest to me as it was in good #2 condition and was "matching numbers", with its born-with engine and transmission. I knew about NCRS but didn’t have the experience or know-how to fully assess how ‘original’ the car was. Its mileage at 82k was proven via 30+ years of service records from 2 previous owners. I wanted the car, and all that was left was to negotiate the price.
This car had been restored over the years and it had a very good older paint job. The seats had been changed from vinyl to leather. That wasn’t a problem for me, as I saw this as a positive change. Another deviation from born with stock was this car was fitted with repro bolt-on aluminum wheels. Again, perhaps a ‘detriment’ to the purist, but okay with me as I think those allow wheels look fantastic on a ’67.
During my final inspection of the car I again checked up on the trim tag codes and discovered that the car had undergone a color change. I hadn't picked up on this at first, because the trim tag paint code said 977 Lyndale Blue but the car was actually painted 976 Marina Blue. When I first looked up the paint code I didn’t know the difference between Lyndale and Marina blue. When I brought this up with the seller he was surprised. He didn’t know about the color change as it had been done before he bought the car, and he ‘assumed’ the car had been repainted its original color.
So that brings up the question – does a color change to another shade of a color (e.g. a stock light blue to darker stock blue) bring as much of a ‘hit’ vs. repainting in a completely different color, for example, yellow to red?
Anyhow, this is how my story ends. I was a bit disappointed to find out that this car wasn’t originally Marina Blue. That didn’t detract from the car's overall appeal, as it was still a very nice car! It had some ‘upgrades’ done to it, including the leather seats and bolt-on wheels. Both were improvements which I was happy to have. I managed to negotiate about 8% off the asking price of the car and I believe this was made easier because I had discovered the color change. The seller knew he had a nice car and was initially quite firm on the price. I know I gained some leverage by my discovery of the color change, as this was the point in the negotiation when he came down on his price. But, I never expected him to discount the asking price by the cost of a complete new paint job.
So, everyone’s criteria will be different. No car is perfect, and the seemingly infinite combination of engine, interior and exterior color, and other options means it's going to be difficult to find exactly the car you want. You may need to compromise and accept (or not) the car that's in front of you. I’m happy with my choice and when the day comes to sell the car I won’t worry about it being the wrong shade of blue as that ‘deficiency’ (to the purist) was factored into the price I paid.
As many have said – it’s your money, so if you like the car, buy it. Unless you are set to find a candidate for NCRS Top Flight then don’t worry too much about complete originality. Yes, offer less than asking if the car had a color change, but the seller doesn’t have to go along – he’ll say this fact is already factored into the price. Your research on C2 values should tell you what asking prices are for comparable cars with their correct paint color. And go from there.
When I bought my '67 a few years back I did my due diligence and checked the car out as best I knew how at the time. I found a car that was of interest to me as it was in good #2 condition and was "matching numbers", with its born-with engine and transmission. I knew about NCRS but didn’t have the experience or know-how to fully assess how ‘original’ the car was. Its mileage at 82k was proven via 30+ years of service records from 2 previous owners. I wanted the car, and all that was left was to negotiate the price.
This car had been restored over the years and it had a very good older paint job. The seats had been changed from vinyl to leather. That wasn’t a problem for me, as I saw this as a positive change. Another deviation from born with stock was this car was fitted with repro bolt-on aluminum wheels. Again, perhaps a ‘detriment’ to the purist, but okay with me as I think those allow wheels look fantastic on a ’67.
During my final inspection of the car I again checked up on the trim tag codes and discovered that the car had undergone a color change. I hadn't picked up on this at first, because the trim tag paint code said 977 Lyndale Blue but the car was actually painted 976 Marina Blue. When I first looked up the paint code I didn’t know the difference between Lyndale and Marina blue. When I brought this up with the seller he was surprised. He didn’t know about the color change as it had been done before he bought the car, and he ‘assumed’ the car had been repainted its original color.
So that brings up the question – does a color change to another shade of a color (e.g. a stock light blue to darker stock blue) bring as much of a ‘hit’ vs. repainting in a completely different color, for example, yellow to red?
Anyhow, this is how my story ends. I was a bit disappointed to find out that this car wasn’t originally Marina Blue. That didn’t detract from the car's overall appeal, as it was still a very nice car! It had some ‘upgrades’ done to it, including the leather seats and bolt-on wheels. Both were improvements which I was happy to have. I managed to negotiate about 8% off the asking price of the car and I believe this was made easier because I had discovered the color change. The seller knew he had a nice car and was initially quite firm on the price. I know I gained some leverage by my discovery of the color change, as this was the point in the negotiation when he came down on his price. But, I never expected him to discount the asking price by the cost of a complete new paint job.
So, everyone’s criteria will be different. No car is perfect, and the seemingly infinite combination of engine, interior and exterior color, and other options means it's going to be difficult to find exactly the car you want. You may need to compromise and accept (or not) the car that's in front of you. I’m happy with my choice and when the day comes to sell the car I won’t worry about it being the wrong shade of blue as that ‘deficiency’ (to the purist) was factored into the price I paid.
As many have said – it’s your money, so if you like the car, buy it. Unless you are set to find a candidate for NCRS Top Flight then don’t worry too much about complete originality. Yes, offer less than asking if the car had a color change, but the seller doesn’t have to go along – he’ll say this fact is already factored into the price. Your research on C2 values should tell you what asking prices are for comparable cars with their correct paint color. And go from there.
#133
Team Owner
Member Since: Mar 2003
Location: Greenville, Indiana
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In this case, I wouldn't even buy the car because of the color change. Lynndale Blue, I like. Marina Blue hurts my eyes.
So, what is the percentage on a no sale?
No offense to the poster liking Marina Blue. Many do.
So, what is the percentage on a no sale?
No offense to the poster liking Marina Blue. Many do.
Last edited by MikeM; 11-16-2017 at 04:17 AM.
#134
Team Owner
Marina Blue - what else needs to be said ?
This was originally a white car; unlike Corvettes none of the potential buyers seemed to care one whit- the new owner absolutely didn't; it never even came up during price negotiations
This was originally a white car; unlike Corvettes none of the potential buyers seemed to care one whit- the new owner absolutely didn't; it never even came up during price negotiations
Last edited by Frankie the Fink; 11-16-2017 at 06:50 AM.
#135
Pro
I told my story to say that a final selling price depends on many factors including originality, condition, its unique combination of options, and also how much the car appeals to your taste. I agree a color changed car would bring less, all other factors being equal.
But not necessarily. If the seller has clearly disclosed the color change he may assert this is already factored into the asking price. In any event, the seller has every right to hold firm on his price. And the buyer can always walk away.
#136
Melting Slicks
Although I prefer Marina Blue to Lynndale Blue, I probably would have bought the car in either color. Because I found out the car had undergone a color change, (of shade of blue), I was able to get the price down. But, I can't say by exactly how much, as the final price offered (and accepted) includes a consideration of all factors of the car, not only whether it had a color change.
I told my story to say that a final selling price depends on many factors including originality, condition, its unique combination of options, and also how much the car appeals to your taste. I agree a color changed car would bring less, all other factors being equal.
But not necessarily. If the seller has clearly disclosed the color change he may assert this is already factored into the asking price. In any event, the seller has every right to hold firm on his price. And the buyer can always walk away.
I told my story to say that a final selling price depends on many factors including originality, condition, its unique combination of options, and also how much the car appeals to your taste. I agree a color changed car would bring less, all other factors being equal.
But not necessarily. If the seller has clearly disclosed the color change he may assert this is already factored into the asking price. In any event, the seller has every right to hold firm on his price. And the buyer can always walk away.
#137
Race Director
Thread Starter
Member Since: Nov 2003
Location: Cottonwood AZ
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C1 of Year Finalist (performance mods) 2019
UPDATE:
I have decided to NOT buy another C2 and keep my 1966 Charger. Since I know longer have an interest in buying it if anyone has an interest in this car I have the owners phone number and you can PM me if you want it.
I never actually went to see the car in person just talked to the seller on the phone. If I went to see it, it would have been with the intentions of buying it with cash in hand. I never really got a lot of good feedback about my question of the price hit for the color change. I probably would have offered $55-60K for it after personal inspection if it was as described and not finding any negatives.
The car is no longer listed on my local Craig's List maybe he sold it or is marketing it some where else but I did capture the description and pictures in my email. It looks like the pictures do not copy and paste here from my email.
Below is what did copy and paste from my email.
favorite this post 66 Corvette Coupe - $69500 (SEDONA) hide this posting unhide
< image 1 of 6 >
1
1 2 3 4 5 6
1966 chevrolet corvette
fuel: gas
title status: clean
transmission: manual
QR Code Link to This Post
Frame off restoration, 327/350 HP, Rally red/black Corvette Coupe, 4 spd. All Numbers match, PS, PB, PW, tinted windows, leather, Knock offs and side-pipes. New F&R springs, brakes, cables, PB booster, gas tank & lines, half shafts, drive shafts and U-joints. Rebuilt starter, altenator, WW pump & motor, 4spd trans, power steering pump.
New interior; leather seat covers, re-skinned dash, headliner, visors, door panels and carpet. New glove box and liner. Gauges and radio sent out for rehab, Orig clock now with 17 Jewels mechanism. After, 43 years of never being on the road in 4 owners, I finished the car this year, drove it on Rte 66 Rally. Driven now 1200 miles. EVERYTHING replaced or rebuilt.
Absolutely no brokers, dealers or agents.
I have decided to NOT buy another C2 and keep my 1966 Charger. Since I know longer have an interest in buying it if anyone has an interest in this car I have the owners phone number and you can PM me if you want it.
I never actually went to see the car in person just talked to the seller on the phone. If I went to see it, it would have been with the intentions of buying it with cash in hand. I never really got a lot of good feedback about my question of the price hit for the color change. I probably would have offered $55-60K for it after personal inspection if it was as described and not finding any negatives.
The car is no longer listed on my local Craig's List maybe he sold it or is marketing it some where else but I did capture the description and pictures in my email. It looks like the pictures do not copy and paste here from my email.
Below is what did copy and paste from my email.
favorite this post 66 Corvette Coupe - $69500 (SEDONA) hide this posting unhide
< image 1 of 6 >
1
1 2 3 4 5 6
1966 chevrolet corvette
fuel: gas
title status: clean
transmission: manual
QR Code Link to This Post
Frame off restoration, 327/350 HP, Rally red/black Corvette Coupe, 4 spd. All Numbers match, PS, PB, PW, tinted windows, leather, Knock offs and side-pipes. New F&R springs, brakes, cables, PB booster, gas tank & lines, half shafts, drive shafts and U-joints. Rebuilt starter, altenator, WW pump & motor, 4spd trans, power steering pump.
New interior; leather seat covers, re-skinned dash, headliner, visors, door panels and carpet. New glove box and liner. Gauges and radio sent out for rehab, Orig clock now with 17 Jewels mechanism. After, 43 years of never being on the road in 4 owners, I finished the car this year, drove it on Rte 66 Rally. Driven now 1200 miles. EVERYTHING replaced or rebuilt.
Absolutely no brokers, dealers or agents.
#138
Race Director
Thread Starter
Member Since: Nov 2003
Location: Cottonwood AZ
Posts: 10,698
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C1 of Year Finalist (performance mods) 2019
#139
Le Mans Master
This thread is still live??
that's crazy.
Now I see that the clock has a 17 jewel movement.
That more that makes up for the incorrect paint color.
that's crazy.
Now I see that the clock has a 17 jewel movement.
That more that makes up for the incorrect paint color.