Notices
C1 & C2 Corvettes General C1 Corvette & C2 Corvette Discussion, Technical Info, Performance Upgrades, Project Builds, Restorations

What is it worth

 
Old 01-10-2019, 05:53 PM
  #1  
jv04
CF Senior Member
Thread Starter
 
jv04's Avatar
 
Member Since: May 2005
Location: Madison - just west of Huntsville AL
Posts: 9,660
Thanked 605 Times in 338 Posts
Default What is it worth

OK, let me start by requesting no snide comments, I have heard them all.

The owner of the car has suggested she might be willing to sell this car for the first time that I can recall. She was never open to selling the old Corvettes from her late husband before. These cars have sat around like this for 30 plus years.

Anyway, what we have is a rough 1963 Corvette convertible. The main body has been pieced together from two separate cars (in about the middle of the car). The chassis under this car was restored to a driver quality about 20 years ago, and it has sat like this ever since. The engine is a Tonawanda 1963 or 1964 passenger car 300hp, automatic (S suffix code). There is a manual transmission in the car, but I cannot determine what it is.

I (this afternoon) laid eyes on the following extra parts that will go with the car:
1. C2 hardtop (year unknown)
2. 1964 instrument cluster with all gauges
3. C2 rear valance with exhaust trim
4. Ecklers one piece hand laid front clip (from wheel openings forward)
5. Headlight assemblies
6. Master brake cylinder
7. Side trim pieces
8. One seat (I think the other one is there, but buried under other parts)
9. 65-66 big block hood (needing work)

Also I have seen other parts in the past that may or may not still be available

1. Pair of convertible doors
2. C2 dash assembly with 65-67 gauges in it
3. Soft top assembly
4. Aftermarket 63-63 hood (new)

I am sure there are other parts, but these parts have been buried in a couple of buses, and garage upstairs attic for decades.

OK, what do you think all of this stuff, as a package deal is worth. Include the parts I saw today in your evaluation, but not the parts I have yet to locate.

Alabama does not title cars this old, but the owner does have all of the paperwork (Alabama current registration in her name) and will provide that with a notarized bill of sale to the buyer. That will get you a title in any other state (that does title cars this old).

OK, here are the pictures. I do NOT know why the VIN tag is riveted on, or where the trim tag is.

















jv04 is online now  
Old 01-10-2019, 05:53 PM
  #2  
jv04
CF Senior Member
Thread Starter
 
jv04's Avatar
 
Member Since: May 2005
Location: Madison - just west of Huntsville AL
Posts: 9,660
Thanked 605 Times in 338 Posts
Default

Before anyone asks, none of the other Corvettes are for sale.

Also, the final deal would include EVERY part that would actually fit a 63/64 Corvette, but only enough for one car (i.e. if we locate 4 headlight assemblies, the buyer would get their choice of two of them, not all four).

Last edited by jv04; 01-10-2019 at 05:56 PM.
jv04 is online now  
Old 01-10-2019, 06:08 PM
  #3  
65hihp
CF Senior Member
 
65hihp's Avatar
 
Member Since: Mar 2009
Location: Mechanicsville VA
Posts: 4,538
Thanked 780 Times in 546 Posts
Default

if that heap and all the parts was already stacked on a flatbed trailer, and the trailer was included, $8,000.
As it sits you must provide the trailer, $6,000

Last edited by 65hihp; 01-10-2019 at 06:16 PM. Reason: delete snide comment
65hihp is offline  
Old 01-10-2019, 06:09 PM
  #4  
GCD1962
CF Senior Member
 
Member Since: Feb 2004
Location: CT
Posts: 13,600
Thanked 69 Times in 64 Posts
Default

$5,500 and piece it out. Time and cost to bring it back to life will cost more than it is worth when it is finished. Make a rough estimate of what parts can sell for, then offer her half of that or less.
GCD1962 is offline  
Old 01-10-2019, 06:10 PM
  #5  
jv04
CF Senior Member
Thread Starter
 
jv04's Avatar
 
Member Since: May 2005
Location: Madison - just west of Huntsville AL
Posts: 9,660
Thanked 605 Times in 338 Posts
Default

I am not interested in buying the car, I am helping her sell it.
jv04 is online now  
Old 01-10-2019, 06:26 PM
  #6  
jv04
CF Senior Member
Thread Starter
 
jv04's Avatar
 
Member Since: May 2005
Location: Madison - just west of Huntsville AL
Posts: 9,660
Thanked 605 Times in 338 Posts
Default

Here is a rough 66 (rougher that this 63) that sold on Ebay for $5600 back in October.

https://www.ebay.com/itm/1966-Chevro...hbyRQl&vxp=mtr


jv04 is online now  
Old 01-10-2019, 06:34 PM
  #7  
65hihp
CF Senior Member
 
65hihp's Avatar
 
Member Since: Mar 2009
Location: Mechanicsville VA
Posts: 4,538
Thanked 780 Times in 546 Posts
Default

OK, is this a trick? You already know the answer to your question, and you are just trying to waste our time?
65hihp is offline  
The Following User Says Thank You to 65hihp For This Useful Post:
1snake (01-10-2019)
Old 01-10-2019, 07:14 PM
  #8  
1snake
CF Senior Member
 
1snake's Avatar
 
Member Since: Dec 2007
Location: Puget Sound
Posts: 7,591
Thanked 312 Times in 262 Posts
Default

Originally Posted by 65hihp View Post
if that heap and all the parts was already stacked on a flatbed trailer, and the trailer was included, $8,000.
It had better be a VERY nice trailer. Personally, that pile isn't worth my time or effort even it was free.
1snake is offline  
The Following 2 Users Say Thank You to 1snake For This Useful Post:
59BlueSilver (01-11-2019), GTOguy (01-12-2019)
Old 01-10-2019, 08:15 PM
  #9  
jv04
CF Senior Member
Thread Starter
 
jv04's Avatar
 
Member Since: May 2005
Location: Madison - just west of Huntsville AL
Posts: 9,660
Thanked 605 Times in 338 Posts
Default

Originally Posted by 65hihp View Post
OK, is this a trick? You already know the answer to your question, and you are just trying to waste our time?
I am trying to come up with a reasonable price for this car to suggest to the owner as a selling price. I don't spend any time looking at the market for cars like this, but I figure some of you do, and will have a better idea of what the market is like.

I also checked Ebay to see if anything "like this" has sold recently. I saw the one car I posted a link to. There was another car that was also similar in condition, but neither car had a VIN tag or any paperwork.

So to answer your question, no this is not a trick. I do not already know what the asking price is going to be. If this is a waste of your time please don't put any effort into it. I have been tasked with suggesting to the seller what a reasonable asking price is. The seller is willing to sell the car, which is pretty much the first old Corvette she has been willing to sell.

I have nothing to gain from this. I will not get a commission, or a fee for my assistance. I am honoring a promise I made to her late husband just before he passed away.

I have helped her sell about 50 or so project cars over the years. Everything from a Model A Ford 2 door to a 1970 Monte Carlo. I took pictures of all of these cars, and I decided to put it all together in a Shutterfly book, which I took out to her today. This is the first time we have spoken in about a year, and that is when she mentioned possibly selling the 63.

She doesn't need the money, and she won't give the car away. The number I come up with (actually more probably a range) is what she will ask. And she will get that or she will keep the car.

The car has lots of issues, but is does have a restored chassis (not sure how good it is now) and a VIN tag with paperwork. I am looking for a reasonable number, not top dollar, and not a giveaway price.

I helped her sell her 1953 Corvette a few years ago. If was in about the same shape as this 63, but it went for quite a bit more money.

Last edited by jv04; 01-10-2019 at 08:16 PM.
jv04 is online now  
Old 01-10-2019, 08:18 PM
  #10  
rayvaflav
CF Senior Member
Support Corvetteforum!
 
rayvaflav's Avatar
 
Member Since: Apr 2006
Location: Oklahoma City Oklahoma
Posts: 4,841
Thanked 146 Times in 121 Posts
Default

I would offer that car for $5,500 with all of the parts included and I would expect it to sell for that price. Not to any of us on this forum but maybe someone who has a lot of extra time to piece this back together at his/her leisure who is looking to have a Sting Ray that will never be "correct" but would make a fun driver. The buy-in would have to be pretty cheap, retirement project/father and son project, etc. No snarky comments from me, I think that price would reasonably work.

Ray
rayvaflav is offline  
Old 01-10-2019, 08:23 PM
  #11  
Greg
CF Senior Member
Support Corvetteforum!
 
Greg's Avatar
 
Member Since: Feb 1999
Location: Palm Springs, CA.
Posts: 3,888
Thanked 310 Times in 213 Posts
Default

There are plenty of people out there looking for C2 projects. Of course the top flight types will frown on this car, but anyone with some skill can make a nice car out of it. If it were mine, I would eBay it to reach the largest audience of buyers. I'd start with on opening bid of $2K and a reserve of $10K, which I would not disclose. See how close it gets. If it hits, or breaks $10K, Bingo! If not, go to the highest bidder and make a deal with him. Every C2 is saleable to somebody out there. Just remember, they aren't making any more of them.
Good Luck, Greg
Greg is offline  
Old 01-10-2019, 08:33 PM
  #12  
jv04
CF Senior Member
Thread Starter
 
jv04's Avatar
 
Member Since: May 2005
Location: Madison - just west of Huntsville AL
Posts: 9,660
Thanked 605 Times in 338 Posts
Default

Originally Posted by rayvaflav View Post
I would offer that car for $5,500 with all of the parts included and I would expect it to sell for that price. Not to any of us on this forum but maybe someone who has a lot of extra time to piece this back together at his/her leisure who is looking to have a Sting Ray that will never be "correct" but would make a fun driver. The buy-in would have to be pretty cheap, retirement project/father and son project, etc. No snarky comments from me, I think that price would reasonably work.

Ray
I appreciate the suggestion, but my limited research (limited to looking at Ebay this afternoon) has pointed out two different similar C2 convertibles.

The one I pictured above sold for $5600.

The other car, a 64 convertible with the link below, sold for $10,701. Car has a VIN and trim tag, and frame is rusted out from the doors back. No drive train.

https://www.ebay.com/itm/1964-Chevrolet-Corvette/173590731215?hash=item286ad059cf:g:CrsAA OSw4KVbxQJA&vxp=mtr

Let me ask it this way. How do I suggest to her that she sell this car for less than I know similar cars are selling for? I don't have a legal fiduciary obligation here, but I certainly have a moral one. It comes with the promise I made to her husband to not let her be taken advantage of.

She doesn't need top dollar; she needs a fair market price.


Last edited by jv04; 01-10-2019 at 08:36 PM.
jv04 is online now  
Old 01-10-2019, 08:36 PM
  #13  
65hihp
CF Senior Member
 
65hihp's Avatar
 
Member Since: Mar 2009
Location: Mechanicsville VA
Posts: 4,538
Thanked 780 Times in 546 Posts
Default

If I were that old lady, I would wave good bye to that mess for the first $5000 that showed up. It is not getting more valuable the more it rots.
65hihp is offline  
Old 01-10-2019, 08:37 PM
  #14  
Dan Hampton
CF Senior Member
 
Dan Hampton's Avatar
 
Member Since: Sep 2008
Location: Menomonie Wisconsin
Posts: 3,078
Thanked 121 Times in 88 Posts
2018 C1 of Year Finalist
Default

Originally Posted by 1snake View Post
It had better be a VERY nice trailer. Personally, that pile isn't worth my time or effort even it was free.
Less than zero. The hard top on that 61 is worth more than the total of pieces on that c2
Dan Hampton is offline  
Old 01-10-2019, 08:38 PM
  #15  
jv04
CF Senior Member
Thread Starter
 
jv04's Avatar
 
Member Since: May 2005
Location: Madison - just west of Huntsville AL
Posts: 9,660
Thanked 605 Times in 338 Posts
Default

Originally Posted by Greg View Post
There are plenty of people out there looking for C2 projects. Of course the top flight types will frown on this car, but anyone with some skill can make a nice car out of it. If it were mine, I would eBay it to reach the largest audience of buyers. I'd start with on opening bid of $2K and a reserve of $10K, which I would not disclose. See how close it gets. If it hits, or breaks $10K, Bingo! If not, go to the highest bidder and make a deal with him. Every C2 is saleable to somebody out there. Just remember, they aren't making any more of them.
Good Luck, Greg
Definitely a thought, and she might go that way if I suggest it. But we all know Ebay (and Ebayers) can be a real hassle.
jv04 is online now  
Old 01-10-2019, 08:50 PM
  #16  
Gavin65
CF Senior Member
 
Gavin65's Avatar
 
Member Since: Sep 2017
Location: Ducthess Co NY
Posts: 364
Thanks: 0
Thanked 65 Times in 62 Posts
Default

In all honesty if every part needed to piece this car back together is in storage and the parts are serviceable, no rot frame and birdcage, full drivetrain, I would say 8,500 to 10,000, the person who buys this car would need to do most if not all of the work to restore this car to driver status. If not and the work is farmed out they will quickly spend beyond what the car would be worth when completed.
Gavin65 is offline  
Old 01-10-2019, 09:16 PM
  #17  
Boyan
CF Senior Member
 
Member Since: Jan 2010
Location: Woodland Hills CA
Posts: 1,254
Thanked 90 Times in 82 Posts
Default Worth

I never understood threads like this. Put it on ebay with a start of $2500 with no reserve and laugh when it gets bid up to a crazy number. There are plenty of dreamers out there. I would take the hardtop, master cylinder and abfew body panels and toss it.
Boyan is offline  
Old 01-10-2019, 09:21 PM
  #18  
GUSTO14
CF Senior Member
 
GUSTO14's Avatar
 
Member Since: Sep 2003
Location: eastern NC
Posts: 7,013
Thanked 745 Times in 658 Posts
Default

Ed, I'm inclined to agree with Greg, eBay does seem like the quickest and fairest way for her to determine how much folks are willing to pay for what she has. Frankly there are just too many unknowns based on the few pictures posted. From the engine to what remains of the drive train. Even the fact that the VIN tag has been riveted on (even with a title), could be risky depending on where the car were to end up.

As you may know Alabama has had a history in the south east, at least during the 70's and 80's when I lived in "LA", as the place to go to buy a title. Back then it was not uncommon to have a title purchased in Alabama, from a less than reputable source, then registered and insured in Florida and shortly afterward reported stolen there. The late 70's was about the time Florida began requiring that in order to register a used vehicle there, the VIN must be viewed and witnessed by Law Enforcement or DMV personnel, largely for reasons like that.

I don't know if the car is even in Alabama or that there is anything untoward regarding it's legitimacy, but folks are just much more cautious about buying a vehicle without a clear clean title these days than they were 20 to 30 years ago. Especially a vehicle they will be investing $1,000's in, only to have it confiscated if something brings its legitimacy into question.

Good luck with your task and thank you for taking a project like this on to help someone that just wants to be treated fairly.

GUSTO
GUSTO14 is offline  
Old 01-10-2019, 09:27 PM
  #19  
Ken Sungela
CF Senior Member
Support Corvetteforum!
 
Ken Sungela's Avatar
 
Member Since: Sep 2012
Location: Rivervale NJ
Posts: 1,219
Thanked 93 Times in 78 Posts
Default

Ebay no reserve and disclose everything in the description so the bidder has no doubt about what they're getting. You'll get the most honest price (Market price) for everyone that way. I would say certainly more than $5K.
Ken Sungela is offline  
Old 01-10-2019, 09:59 PM
  #20  
ptjsk
CF Senior Member
Support Corvetteforum!
 
ptjsk's Avatar
 
Member Since: Feb 2007
Location: Northern California CA
Posts: 3,325
Thanked 479 Times in 372 Posts
Default

Hey Ed,

Hope all is well with you guys out there!

As far as this car goes...…..boy...….I would hate to even give it a guess. That car is quite the project.

To fulfill your commitment to your friend, I think I would do just as others have suggested. But I probably wouldn't even place a minimum on it. If you did, and it didn't sell, what would you do next?

I'm guessing it would go up to 7k or so, but.....you just never know. It could go for even more.

Pat
ptjsk is offline  

Thread Tools
Search this Thread
Quick Reply: What is it worth


Sponsored Ads
Vendor Directory

Contact Us - About Us - Archive - Advertising - Cookie Policy - Privacy Statement - Terms of Service

© 2019 MH Sub I, LLC dba Internet Brands

We are a participant in the Amazon Services LLC Associates Program, an affiliate advertising program designed to provide a means for us to earn fees by linking to Amazon.com and affiliated sites.
 
  • Ask a Question
    Get answers from community experts
Question Title:
Description:
Your question will be posted in: