Current C1 purchase advice
Thread Starter
Pro
Joined: Aug 2019
Posts: 504
Likes: 152
From: Mahwah NJ
C2 of the Year Finalist - Unmodified 2020
2020 C1 of the Year - Modified
Current C1 purchase advice
Hi all you C1 fans,
need your help again. I sold my NOM C1 283/230 stock Roman Red white cove two top Corvette back in October. What else is new but of course I have sellers remorse and on the hunt again. I have received your advice already about non matching numbers vs matching. I'm ok with another not original engine C1. Here is my question to all of you. Do you believe the prices on these old cars will at least maintain or dump down in the next few years considerably? I have been fortunate on the previous five I have owned over the years, some I made money on some I was close to breaking even. I know these are not investments unless your after a top knotch NCRS Top Flighted car, which I'm not. Let's face it, their crude and ride hard, brakes are ok sometime, the steering is heavy and the comfort is not the best compared to most all other Corvettes on the road but to me their works of rolling art.
best regards
save the wave 👋
need your help again. I sold my NOM C1 283/230 stock Roman Red white cove two top Corvette back in October. What else is new but of course I have sellers remorse and on the hunt again. I have received your advice already about non matching numbers vs matching. I'm ok with another not original engine C1. Here is my question to all of you. Do you believe the prices on these old cars will at least maintain or dump down in the next few years considerably? I have been fortunate on the previous five I have owned over the years, some I made money on some I was close to breaking even. I know these are not investments unless your after a top knotch NCRS Top Flighted car, which I'm not. Let's face it, their crude and ride hard, brakes are ok sometime, the steering is heavy and the comfort is not the best compared to most all other Corvettes on the road but to me their works of rolling art.
best regards
save the wave 👋
Last edited by RYTOCOR; Jun 29, 2020 at 05:31 PM. Reason: Spelling error
Race Director
Joined: Apr 2015
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From: Fresno California
If you want another first gen, buy it. Nobody lives forever. With the current state of the world pandemic and all the have-not crybaby rioters under 30 years old tearing the country down, values will likely roller-coaster all over the place. If you are worried about losing money more than enjoying another early Corvette, don't buy one.
Racer
Joined: Apr 2019
Posts: 408
Likes: 230
From: Northern Virginia
When it comes to cars, I've had "Seller's Remorse" a lot more than "Buyer's Remorse" in my lifetime.
If owning C1 makes you happy, then anything else will just be a poor substitute.
I love my 1965 Corvette convertible but I do hope to add a 1959 or 1960 Corvette to the garage some day.
I think C1 prices will be relatively flat for quite a few years still.
Part of that is because they are Corvettes and that will have a more faithful market compared to some other car models from the same time period.
.
If owning C1 makes you happy, then anything else will just be a poor substitute.
I love my 1965 Corvette convertible but I do hope to add a 1959 or 1960 Corvette to the garage some day.
I think C1 prices will be relatively flat for quite a few years still.
Part of that is because they are Corvettes and that will have a more faithful market compared to some other car models from the same time period.
.
Intermediate
Joined: Jul 2013
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From: Southern Ontario
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Its nice to go online and see that bank balance, but as soon as you close the browser, that warm fuzzy feeling is gone.
When you owned that C1, every time you walked into that garage, went for a drive, having the neighbour mention how nice your car is or the thumbs up from passing motorists, must have given you a greater warm fuzzy feeling.
I get the biggest kick when driving down the road and seeing heads spin around.
That's when you know others appreciate it as much as you .
When you owned that C1, every time you walked into that garage, went for a drive, having the neighbour mention how nice your car is or the thumbs up from passing motorists, must have given you a greater warm fuzzy feeling.
I get the biggest kick when driving down the road and seeing heads spin around.
That's when you know others appreciate it as much as you .
Thread Starter
Pro
Joined: Aug 2019
Posts: 504
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From: Mahwah NJ
C2 of the Year Finalist - Unmodified 2020
2020 C1 of the Year - Modified
So true my Corvette Friend
Its nice to go online and see that bank balance, but as soon as you close the browser, that warm fuzzy feeling is gone.
When you owned that C1, every time you walked into that garage, went for a drive, having the neighbour mention how nice your car is or the thumbs up from passing motorists, must have given you a greater warm fuzzy feeling.
I get the biggest kick when driving down the road and seeing heads spin around.
That's when you know others appreciate it as much as you .
When you owned that C1, every time you walked into that garage, went for a drive, having the neighbour mention how nice your car is or the thumbs up from passing motorists, must have given you a greater warm fuzzy feeling.
I get the biggest kick when driving down the road and seeing heads spin around.
That's when you know others appreciate it as much as you .
Le Mans Master
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Like any commodity, prices are driven by supply, demand, and world events.
Very difficult to time it....
Very difficult to time it....
Drifting
Joined: Aug 2004
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From: Galveston & Belton Texas
You were a dealer. What do you think they will do? My own hunch is there will always be buyers for a first class near original/restored car. Betting we will eventually see a glut of overpriced restomoded/modified corvettes. Just my gut but thinking decent driver prices will get pretty flat making them affordable if you don’t have to do anything. I would show up with cash and pay what you think is fair or move to the next one. Sounds reall fun to me.
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Thread Starter
Pro
Joined: Aug 2019
Posts: 504
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From: Mahwah NJ
C2 of the Year Finalist - Unmodified 2020
2020 C1 of the Year - Modified
Yes it’s fun!
You were a dealer. What do you think they will do? My own hunch is there will always be buyers for a first class near original/restored car. Betting we will eventually see a glut of overpriced restomoded/modified corvettes. Just my gut but thinking decent driver prices will get pretty flat making them affordable if you don’t have to do anything. I would show up with cash and pay what you think is fair or move to the next one. Sounds reall fun to me.
great hobby is it not ?
Last edited by RYTOCOR; Jun 29, 2020 at 10:46 PM. Reason: Spelling
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No crystal ball on prices in the future. One thing I know is that you can't put a price on the pleasure these cars bring. You want one, you should buy it and enjoy it, Good luck with your search.