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[C2] Opinions on the deduction of color change

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Old 11-14-2017, 02:28 PM
  #121  
65hihp
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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.
Old 11-14-2017, 05:42 PM
  #122  
427 Sidepipes
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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.

Old 11-14-2017, 06:18 PM
  #123  
Bill Pilon
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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
Old 11-14-2017, 07:49 PM
  #124  
mrg
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Originally Posted by Frankie the Fink

In one instance I returned to an outfit as upper management and signed the paychecks for my former colleagues that wouldn't leave -- there's a moral to the story
Frankie. ..
Bein you kinda cracked the door open a tad on this one, you willing to spill the beans on what went down?
Old 11-14-2017, 07:55 PM
  #125  
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Originally Posted by Bill Pilon
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
Doesn't get much simpler than this. ..
Old 11-14-2017, 08:24 PM
  #126  
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Originally Posted by 68hemi
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.
It just seems to me you've spent an inordinate amount of time and effort here gathering up intel trying to cherry pick through opinions you may or may not like to validate your line of reasoning. .. Six pages now? .. . Does the seller even GAS at this point? The seller named his price point. Maybe it's time to move on to another car with the right TT.
Old 11-15-2017, 07:38 AM
  #127  
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Originally Posted by GTOguy
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..........
And that is really what it is all about for most of us.......
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.
Old 11-15-2017, 08:12 AM
  #128  
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Originally Posted by mrg
Frankie. ..
Bein you kinda cracked the door open a tad on this one, you willing to spill the beans on what went down?
Left a small Dept of Defense consulting firm in Pax River, MD for a whopper pay raise to get a big project off the ground for another local company. Hired team and trained understudy, he took my spot and I went back to the first firm as Technical Director for another pay raise...managing the folks that were still there. I don't play. Some of the hangers-on made the cut, others were shown the door. (I was hoping to buy into a 'piece' of the company; but owner sold out for big $$$ to Unisys before it could happen).

NEVER, never burn your bridges.

Apologize for the off topic digression.

Last edited by Frankie the Fink; 11-15-2017 at 08:14 AM.
Old 11-15-2017, 08:34 AM
  #129  
mblake101
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Default 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!


Originally Posted by 3JsVette
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
Old 11-15-2017, 12:39 PM
  #130  
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Originally Posted by 68hemi

I would think the hit for it would be about 20% but that is just my opinion.
Originally Posted by 68hemi

Price guide show a 2% for it IF it is coded for it.

.
Originally Posted by 68hemi

Actually, the fair way to do it would be by percentage of value to a like car in the correct color.
Originally Posted by Frankie the Fink
You asked about a specific color change on a specific car. So of course you got answers in dollars since the quality of the car in question isn’t described.

$15k of $100,000 is 15%; $15k of $50,000 is 30%.
Originally Posted by 68hemi

If you use 20% for the paint deduction as is my opinion your price of $15K is very close. "
Originally Posted by 68hemi
Ok, back to the original subject. Does anyone else have an opinion of the dollar value hit for this color change in a %?
Originally Posted by 68hemi
Actually I have gotten very few opinions for what I ASKED. You have yet to give me a % deduction. You have been talking out of both sides of your mouth with comment on what the NCRS point deductions are but can't give a dollar percentage.
Originally Posted by 68hemi
I am done arguing about this with people that are not interested in answering the simple question from the threads intent.
.
Originally Posted by mblake101

Man, this thread has gone crazy!


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,

Old 11-15-2017, 05:03 PM
  #131  
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A 75% bigger font doesn't help much either
Old 11-15-2017, 08:20 PM
  #132  
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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.
Old 11-16-2017, 04:16 AM
  #133  
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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.

Last edited by MikeM; 11-16-2017 at 04:17 AM.
Old 11-16-2017, 06:48 AM
  #134  
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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
Attached Images  

Last edited by Frankie the Fink; 11-16-2017 at 06:50 AM.
Old 11-16-2017, 01:09 PM
  #135  
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Originally Posted by MikeM
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.
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.
Old 11-16-2017, 02:00 PM
  #136  
Brian VH McHale
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Originally Posted by Mr Fufu
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.
Have you confirmed that your car does in fact have a color change and not a mistake on the TT. Just curious
Old 11-29-2017, 01:39 AM
  #137  
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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.
Old 11-29-2017, 01:52 AM
  #138  
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Picture of it here post #1550

https://www.corvetteforum.com/forums...r-sale-78.html
Old 11-29-2017, 07:29 AM
  #139  
65hihp
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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.



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