Current Market values
Thread Starter
Instructor
Joined: Aug 2005
Posts: 158
Likes: 9
From: Windy City area Illinois
Current Market values
Over the past year the market has gone mad. What's the value What's eveyone's opinion on the value of older restored BB driver and a older restored SB driver? It seems, a good driver is around $70k for Small Block and $100k for big block, if it has some paper work or been judged, maybe another 20% premium? Is that far to say or am I way off of the values.
Popular Reply
Mar 5, 2021, 09:22 PM
Le Mans Master
Joined: Nov 2015
Posts: 7,472
Likes: 2,647
From: Really Central IL Illinois
Wait a few months when inflation really kicks in. The price of fast food is already up about 40% at Hardies where my wife gets lunch. Groceries are way up too, but maybe that is just around here.
Trillions of dollars printed and put into the system make millions worth less. Just my guess.
Trillions of dollars printed and put into the system make millions worth less. Just my guess.
Melting Slicks
Joined: Apr 2011
Posts: 3,496
Likes: 475
From: New Jersey
Over the past year the market has gone mad. What's the value What's eveyone's opinion on the value of older restored BB driver and a older restored SB driver? It seems, a good driver is around $70k for Small Block and $100k for big block, if it has some paper work or been judged, maybe another 20% premium? Is that far to say or am I way off of the values.
Le Mans Master
Joined: Nov 2015
Posts: 7,472
Likes: 2,647
From: Really Central IL Illinois
Wait a few months when inflation really kicks in. The price of fast food is already up about 40% at Hardies where my wife gets lunch. Groceries are way up too, but maybe that is just around here.
Trillions of dollars printed and put into the system make millions worth less. Just my guess.
Trillions of dollars printed and put into the system make millions worth less. Just my guess.
Drifting
Joined: May 2006
Posts: 1,398
Likes: 220
.....Keep your cash handy....there are plenty of Corvettes that will be for sale soon....weather is breaking....the first month of good weather will be your best time to keep your eyes open and pick up your new ride !!!!
Heel & Toe
Joined: Jul 2003
Posts: 23
Likes: 20
From: San Mateo CA
Over the past year the market has gone mad. What's the value What's eveyone's opinion on the value of older restored BB driver and a older restored SB driver? It seems, a good driver is around $70k for Small Block and $100k for big block, if it has some paper work or been judged, maybe another 20% premium? Is that far to say or am I way off of the values.
https://bringatrailer.com/chevrolet/c2-corvette/
Last edited by Andy.E; Mar 5, 2021 at 10:06 PM.
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Melting Slicks
Joined: Jul 2004
Posts: 2,452
Likes: 315
From: Scottsdale AZ
So RESEARCH. VISIT. OFFER. BUY. as a real cash buyer. Asking aint getting. Money talks BS walks. Just do it. The invisible hand will tell.
YOU ARE THE MARKET. DO IT.
YOU ARE THE MARKET. DO IT.
Last edited by John S 1961; Mar 5, 2021 at 10:48 PM.
Thread Starter
Instructor
Joined: Aug 2005
Posts: 158
Likes: 9
From: Windy City area Illinois
You numbers seem really high. Go through the completed auctions on BAT. There are NICE small block cars that sold in the 50s. When I say "nice" I mean cars that have been restored in the past, but they're not show cars and they're getting driven.
https://bringatrailer.com/chevrolet/c2-corvette/
https://bringatrailer.com/chevrolet/c2-corvette/
Some good data to have while looking. Clearly prices have escalated lately, I don't think I'm that far off. A few Big Block cars have sold around that range along with some really nice small blocks. The one Big Block sold for 71k looked pretty good but not sure until you see it A recent small block went unsold for 65k that was driver. Not seeing recently SB for 50 that been restored at some point.
Melting Slicks
Joined: Jul 2004
Posts: 2,452
Likes: 315
From: Scottsdale AZ
Thread Starter
Instructor
Joined: Aug 2005
Posts: 158
Likes: 9
From: Windy City area Illinois
Heel & Toe
Joined: Jul 2003
Posts: 23
Likes: 20
From: San Mateo CA
Some good data to have while looking. Clearly prices have escalated lately, I don't think I'm that far off. A few Big Block cars have sold around that range along with some really nice small blocks. The one Big Block sold for 71k looked pretty good but not sure until you see it A recent small block went unsold for 65k that was driver. Not seeing recently SB for 50 that been restored at some point.
There are a few right here, are you not seeing this on that page?
Safety Car
Joined: Aug 2006
Posts: 3,881
Likes: 1,283
From: Horsham Pa
C2 of Year Finalist (appearance mods) 2019
These cars got sold in February 2021, a 67 convertible big black air car with a non-original motor with paper went for $94,000 restored about seven years ago. A 63 Split Window 340 horse four-speed recently restored no hit body for $145,000. A 63 split Window 300 horse red on red X NCRS 99.1 show car done in the 90s sold for $155,000. 65 coupe 327 350 horse four-speed black on black nice driver sold for $68,000. These were private sales.
Melting Slicks
Joined: Jul 2004
Posts: 2,452
Likes: 315
From: Scottsdale AZ
low balling is a fantasy. But finding a fair price as a real buyer is realistic. Because there are just so many know it all and bs talkers out there. If you want one go buy one.
Racer
Joined: Sep 2020
Posts: 388
Likes: 135
From: New Berlin
I can make a guess about the low values and variation. The less expensive cars need paint. It's that simple. Close inspection (not photos) will show cracks all over the place, applied too thick, too many times. This includes former restorations. This is a +$10 000, issue. We live with cracks and thick paint on ~ $48 k cars, but not at the $70 k level. Lots of older guys want it now, they want it as close to perfect as possible, and close to perfect means bigger money in a rational market. There are always and forever items that fall throught the cracks, but one robin doesn't make a spring.
Race Director
Joined: Nov 2003
Posts: 10,696
Likes: 3,091
From: Cottonwood AZ
C1 of Year Finalist (performance mods) 2019
I can make a guess about the low values and variation. The less expensive cars need paint. It's that simple. Close inspection (not photos) will show cracks all over the place, applied too thick, too many times. This includes former restorations. This is a +$10 000, issue. We live with cracks and thick paint on ~ $48 k cars, but not at the $70 k level. Lots of older guys want it now, they want it as close to perfect as possible, and close to perfect means bigger money in a rational market. There are always and forever items that fall throught the cracks, but one robin doesn't make a spring.
Myself and many others will disagree with this. My original car except for paint (repainted original color in the 80s) has some lacquer cracks in the paint but do not photograph. People in person casually look at the car and ask if I restored it. The car’s paint will have to deteriorate much worse before I will ever consider painting it. IF I were to consider selling it today (no it is not for sale) I would not consider less than $75k for it and I don’t think it would be for sale long.