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It's been my experience that you can't restore any car for less cost than buying one that is already done..... unless (A) a very rare example or (B) a giveaway price. You really need to see if the car is for sale and what kind of equipment it has in terms of value. And, of course, the overall condition as it may not be worth messing with it.
my father and I restored three mid years and my Chevelle and if we had to sell any of them we would come out ahead. its all how you do it and where you farm out the work too
And judging by the subsequent thread, it looks like I'd be wasting my time. Interesting perspective on why the cars are out there, however.
That car has been visible for a long time. I have no personal knowledge of it (aside from seeing it out there for years). You may as well approach and ask about it, would be great to know what the story is. He's going to have to sell it some day!
It's been my experience that you can't restore any car for less cost than buying one that is already done..... unless (A) a very rare example or (B) a giveaway price. You really need to see if the car is for sale and what kind of equipment it has in terms of value. And, of course, the overall condition as it may not be worth messing with it.
Gotta agree. I ALWAYS advise my friends to buy one already done and enjoy it UNLESS they are a fairly talented hobbyist with a place to keep the car and do some if not all of the work themselves.
Restoring cars is a GREAT hobby, but unless you are able to do the work, it can be frustrating, to say the least. AND, a Corvette is a super-special car with so many variations from normal GM cars that, even though the drive train and so forth are "Chevy" and all, the rest of the car is completely different from pretty much any other car.
SO, if you have the time and inclination and tools AND can make a good deal on a car that is restorable--comments above cover those areas--I would put my $$ in a restored car. You will still have plenty of work to do on a continual basis if you drive it, but you will enjoy it at once instead of spending a year or more (usually) restoring the car and chasing parts. Not that that is not fun--that is the hobby and most of us enjoy it quite a bit--but if that is not you, I suggest that you choose a completed car.
maybe the 70's
I've been following them since the 80's always more $$$$
Originally Posted by BANG11
That's my experience too.
Not in my world.
When I bought mine in 2000, a 63 had almost no premium. I had been shopping for a C2 for a couple of years, and I was not shopping for a 63, I was open to all C2 coupes, really wanted a 65+ BB, but got my 63 because it was a low price & original.
Not in my world.
When I bought mine in 2000, a 63 had almost no premium. I had been shopping for a C2 for a couple of years, and I was not shopping for a 63, I was open to all C2 coupes, really wanted a 65+ BB, but got my 63 because it was a low price & original.
Yours must be an undesirable 3 speed 250 hp car. Those ones always were cheap and never carried a premium. By the year 2000, most folks had forgotten the shift pattern of an old, agricultural 3 on the floor.
Yours must be an undesirable 3 speed 250 hp car. Those ones always were cheap and never carried a premium. By the year 2000, most folks had forgotten the shift pattern of an old, agricultural 3 on the floor.
Funny you should mention 250 3sp. I had just missed a deal on a nicely restored 64 - 250 3sp, nice new silver paint & all. Then my 63 popped up, 300 4sp, for $2000 more I jumped on it. a month earlier I could have gotten a 63 FI for 25K (looked to be in great shape, no idea if it was original eng), but that too mush $$ for me at the time.
To the OP, there was a member of this Forum who was in a similar situation as yours, who knocked on the door, and then spent, IIRC, more than 3 years visiting w/the owner, who wasn't going to sell, and then finally, did. It took 3 yeas of expressing interest, but never pushing. It finally paid off.
I am going to say something here that may get a few diehards mad but I am giving you some good advice. You sound pretty young maybe getting ready to get your drivers license. You are probably drooling over the body of the '63 Coupe. That is understandable you don't see many around. Bottom dollar and a word of advice to you is to save up your money and find yourself a nice C5 Corvette instead. There are plenty out there and at great prices. Look for one with low mileage. That is a car well worth looking at and in most people budgets and one hell of a car you will enjoy. I guarantee it. Same with the C6 another very nice Corvette but a nice one would set you back even more. This is coming from a Old Timer who has owned Corvettes and driven them for the last 50 years this year of 2020. I still own 4 today my C2,C3,C5 and C6. Take it from me what I tell you and forget about the '63. Maybe down the road when you are fully established and make a lot of money you may be able to afford one already restored and maybe even a original. By then you will realize I was right about the C5. Something you could enjoy right away.
The OP established this post in Nov 2019. He made 5 comments, and went away. Total contribution to the forum was 5 posts. My guess is that he didn't buy the car, and will never be back.
As a point of reference, my 64 coupe was restored by a couple in Denver, Co area. The couple did not do the restoration, they paid a shop in the area to completely restore the car to their "dream car" specs.
The labor rate varied from $75 and hour to $95 an hour depending on what shop was doing the work.
The car was in decent shape to begin with. It did not need a lot of body repair work. The car is an original 300hp, 4 speed car. They added power steering and power brakes, and bolt on knock off wheels.
When all was said and done, the cost of the restoration was $104,500. Yes, One hundred and four thousand, five hundred dollars.
If you have to farm out all of the work, or are unable to do some of the work yourself, buy a car already finished. You will save a bunch of money.
As a point of reference, my 64 coupe was restored by a couple in Denver, Co area. The couple did not do the restoration, they paid a shop in the area to completely restore the car to their "dream car" specs.
The labor rate varied from $75 and hour to $95 an hour depending on what shop was doing the work.
The car was in decent shape to begin with. It did not need a lot of body repair work. The car is an original 300hp, 4 speed car. They added power steering and power brakes, and bolt on knock off wheels.
When all was said and done, the cost of the restoration was $104,500. Yes, One hundred and four thousand, five hundred dollars.
If you have to farm out all of the work, or are unable to do some of the work yourself, buy a car already finished. You will save a bunch of money.
I appreciate that information! At this point, I've moved on from that dream. And, after seeing the way the guy arranged his driveway by strategically taking the car covers partially off one of his other corvettes and occasionally moving them around, I decided I don't have the time to deal with it.
And, after seeing the way the guy arranged his driveway by strategically taking the car covers partially off one of his other corvettes and occasionally moving them around, I decided I don't have the time to deal with it.
Sounds like the guy is a troll, likes the attention of people begging him to sell just so he can say "no".
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