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[C2] Mid-Year Prices

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Old Nov 14, 2017 | 11:55 AM
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Default Mid-Year Prices

Is it me or is there a large dip in pricing of the 63-67 Corvettes? (20-25%)

Any thoughts?

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Old Nov 14, 2017 | 12:02 PM
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They appear to me to have gone up 20 to 25%. I certainly haven't found a dip.
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Old Nov 14, 2017 | 12:08 PM
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Originally Posted by 576667G
Is it me or is there a large dip in pricing of the 63-67 Corvettes? (20-25%)

Any thoughts?

576667G
From what time period are you referring to?
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Old Nov 14, 2017 | 12:16 PM
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Originally Posted by 68hemi
From what time period are you referring to?
The last 15 months! Very few selling on eBay over $55K (Excluding RARE Corvettes)
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Old Nov 14, 2017 | 12:25 PM
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eBay prices are not the last word in what cars are trading hands for. Many sellers want Barrett Jackson prices for garden variety cars and in turn many cars that don't meet reserve are sold later off eBay for more. It is a good site to gain exposure.
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Old Nov 14, 2017 | 12:26 PM
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Wow!!!!!!!!! Breaking news.

Are you buying or selling?
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Old Nov 14, 2017 | 12:36 PM
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Originally Posted by 576667G
The last 15 months! Very few selling on eBay over $55K (Excluding RARE Corvettes)
eBay is probably the last resource you should consider for data.

A large percentage of car sales on eBay are concluded offline and are not captured in their Completed Listing numbers.

eBay makes for interesting reading and you can make connections for buying and selling, but trying to project their numbers into trends is at a minimum, invalid.
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Old Nov 14, 2017 | 12:38 PM
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Originally Posted by 576667G
The last 15 months! Very few selling on eBay over $55K (Excluding RARE Corvettes)
As I commented in a recent thread I started.

"There is breaking point in most collector cars which separates buyers. With C2s I believe it is around $50K anything above that the car has to be a really nice (above driver quality) condition car with more attention to correctness to an original stock car." Maybe the cars you are looking at over $55K don't meet the above?
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Old Nov 14, 2017 | 12:53 PM
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Originally Posted by Vettebuyer6369
eBay is probably the last resource you should consider for data.

A large percentage of car sales on eBay are concluded offline and are not captured in their Completed Listing numbers.

eBay makes for interesting reading and you can make connections for buying and selling, but trying to project their numbers into trends is at a minimum, invalid.
Exactly. Many cars are sold when the potential buyer contacts the seller, inspects the car and buys it outside of eBay. I've sold a couple of Harley's on eBay this way.
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Old Nov 14, 2017 | 12:58 PM
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Originally Posted by Randy G.
Exactly. Many cars are sold when the potential buyer contacts the seller, inspects the car and buys it outside of eBay. I've sold a couple of Harley's on eBay this way.

Absolutely. I sold a Harley earlier this year and got no traction at all on eBay just a lot of followers. Eventually sold it to a Craigs List buyer...
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Old Nov 14, 2017 | 04:19 PM
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I watched a recent "Chasing Classic Cars" yesterday. Wayne picked up a wrong color but decent red split window...he repainted it the correct Sebring Silver but left the interior alone...it needed some TLC; a 340hp numbers car. It hammered at $80K and he told the buyer it will be a $150K car in two years with a little work...

What does that mean ? Who knows..
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Old Nov 14, 2017 | 04:50 PM
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Where did he get the correct Sebring Silver? Just curious.
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Old Nov 14, 2017 | 05:02 PM
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It was BC/CC Mike - so I should have qualified "correct"....it wasn't lacquer. But the color looked good...
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Old Nov 14, 2017 | 05:03 PM
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Originally Posted by Frankie the Fink
I watched a recent "Chasing Classic Cars" yesterday. Wayne picked up a wrong color but decent red split window...he repainted it the correct Sebring Silver but left the interior alone...it needed some TLC; a 340hp numbers car. It hammered at $80K and he told the buyer it will be a $150K car in two years with a little work...

What does that mean ? Who knows..
That episode was from 2013. That said, maybe it is a $100K car now?
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Old Nov 14, 2017 | 05:06 PM
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Originally Posted by SupremeDeluxe
That episode was from 2013. That said, maybe it is a $100K car now?
Hmm...I didn't realize... I wouldn't be surprised if a well done car wouldn't bring that now though. A forum member sold his for $90K a month or so back and it had a wrong year frame...
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Old Nov 15, 2017 | 01:17 AM
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It's the old story... These cars are worth what people will pay for a particular car. Resto Mods seem to me to be selling well. If you wait long enough you can always find a buyer for most nice Corvettes.

I check around every now and then and look at the prices. But what it comes down to as far as I'm concerned is what I put into the car and my labor hours deducing this to a fair price that I determin.

You never get what you put into it but theirs always that guy who go's...WOW.. I love that car. I'll take it. Of course this is after some back and forth.

Could take a long while to you hit that number you want ..... but when your not pressed to sell your Vette...it's good to play the waiting game.

I had people asked me how much I wanted for the car... I tell Them how much total loss it is insure for. 99% walk away...a few take my number...and never call.... BWTHDIK...

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Old Nov 15, 2017 | 09:23 AM
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I'm always looking for midyear Corvettes and other vintage cars to buy, just because I like change and the opportunity to work on different cars. Prices on all but the most collectible of cars are down (i.e. verifiable original engine big blocks and fuelies).

I'm going to sell my 435 soon, after months of internal conflict on the idea. I have owned it the longest of any 'old' car I've ever had. I think I will be fortunate if I see $125K for it, but don't really care. I had a great time, but am ready to move on. If I had bought a new ZR1 back in 2011 instead of the 435, now it would be just a used car worth half it's MSRP. So getting the vast majority of my money back seems like a hell of a deal when I've been able to enjoy all the good times.

I suppose a lot of people who own vintage cars think it's part of their investment portfolio and not just a car.
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Old Nov 15, 2017 | 10:16 AM
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Originally Posted by Frankie the Fink
I watched a recent "Chasing Classic Cars" yesterday. Wayne picked up a wrong color but decent red split window...he repainted it the correct Sebring Silver but left the interior alone...it needed some TLC; a 340hp numbers car. It hammered at $80K and he told the buyer it will be a $150K car in two years with a little work...

What does that mean ? Who knows..
Is saw the SAME a few months back...it was just a driver as I could see from the show. Positive THINKING....doesn't hurt business...LOL
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Old Nov 15, 2017 | 11:00 AM
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Originally Posted by MikeM
Where did he get the correct Sebring Silver? Just curious.

You may be able to get lacquer paint from www.tcpglobal.com
I was able to get a quart of silver pearl from them. Pricey but available.
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Old Nov 15, 2017 | 01:28 PM
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Prices over the past couple of years seem pretty stable to me. There's a wide variation, of course, sometimes with two quite similar cars going for vastly different figures. That may be due to the buyer really having his heart set on a particular combo, or it might mean one car was way more original than the other in ways that aren't obvious to the casual observer.

I do tend to agree with 68hemi that there is a pretty solid break point around $50-55K.
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