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Not interested in buying, BUT.............Friend showed me his garaged matching numbers Corvette this am.........Question.......what would be the value on a 327 4 barrel 4 speed Maroon Red ( not original paint - but matched it) 1962 Corvette, all stock, with 96K miles that was put away running and in good shape? AND.....High side ballpark cost to just get it running again as a safe driver? No reason given for the storage, just driving other cars.. .....Photos below. I think he is in his 70s and attached to the car, thus the storage........
Think that would be a good price. Might offer a little less but i would be OK close either side of 40.. Dont think it would bring 60/70 even on a good day.
2020 Corvette of the Year Finalist (track prepared))
2019 C1 of Year Finalist (track prepared)
Originally Posted by corvetteed
$60 - $70k assuming all is as good as you think it is.
I think this is closer to accurate, with a current retail on this car around 60. Show me another numbers matching two top 340hp '62 for 40. I've searched and there's currently nothing even close.
UNLESS the frame is rusty. Front hood gap concerns me a little; check for prior body damage. Of course you should anyway. Is the soft top there and decent? Has the engine been started in recent years, or is it at least free? Brakes still holding pressure?
Are you good with old cars? If you are, getting this car back on the road should be very cheap. Change all the fluids and remove the fuel level sending unit to check for rust in the tank, but if it's in heated storage I doubt that there will be. Maybe change the brake hoses (good brakes are by far the most important part of prepping an old car). But 10 years isn't that long depending on the storage environment.
Any old Corvette should be looked at by a knowledgeable person before purchase. Unless you're comfortable with your level of expertise, hire an expert. But do it soon, because someone's going to snap this up for 40.
My concern would be all the detritus being jammed next to the car. How many non-removal scratches might have been created with what appears to be a lot of random jamming of metal baskets and plywood against the side of the car. Good paint always brings a premium, given the cost of a respray.
To answer the OP's question about getting it running, again, I would say the fuel system is probably a mess after ten years. How much hygroscopic action has taken place within the brake cylinders, potentially creating leaks over that period of time?
Having said that, this looks like a 340 hp car, and the chrome, especially on the rear, looks pretty nice from what I can tell.
I think this is closer to accurate, with a current retail on this car around 60. Show me another numbers matching two top 340hp '62 for 40. I've searched and there's currently nothing even close.
UNLESS the frame is rusty. Front hood gap concerns me a little; check for prior body damage. Of course you should anyway. Is the soft top there and decent? Has the engine been started in recent years, or is it at least free? Brakes still holding pressure?
Are you good with old cars? If you are, getting this car back on the road should be very cheap. Change all the fluids and remove the fuel level sending unit to check for rust in the tank, but if it's in heated storage I doubt that there will be. Maybe change the brake hoses (good brakes are by far the most important part of prepping an old car). But 10 years isn't that long depending on the storage environment.
Any old Corvette should be looked at by a knowledgeable person before purchase. Unless you're comfortable with your level of expertise, hire an expert. But do it soon, because someone's going to snap this up for 40.
thanks for the great advice….my thoughts were also similar…
My concern would be all the detritus being jammed next to the car. How many non-removal scratches might have been created with what appears to be a lot of random jamming of metal baskets and plywood against the side of the car. Good paint always brings a premium, given the cost of a respray.
To answer the OP's question about getting it running, again, I would say the fuel system is probably a mess after ten years. How much hygroscopic action has taken place within the brake cylinders, potentially creating leaks over that period of time?
Having said that, this looks like a 340 hp car, and the chrome, especially on the rear, looks pretty nice from what I can tell.
I have no opinion on price.
luckily the stuff again the car have some carpet material as I checked underneath the stuff against the car’s sides….hood was left unlatched…..paint looks great under the coat of minimal dust….no rodents anywhere….warm garage……thanks for your comments
I think this is closer to accurate, with a current retail on this car around 60. Show me another numbers matching two top 340hp '62 for 40. I've searched and there's currently nothing even close.
UNLESS the frame is rusty. Front hood gap concerns me a little; check for prior body damage. Of course you should anyway. Is the soft top there and decent? Has the engine been started in recent years, or is it at least free? Brakes still holding pressure?
Are you good with old cars? If you are, getting this car back on the road should be very cheap. Change all the fluids and remove the fuel level sending unit to check for rust in the tank, but if it's in heated storage I doubt that there will be. Maybe change the brake hoses (good brakes are by far the most important part of prepping an old car). But 10 years isn't that long depending on the storage environment.
Any old Corvette should be looked at by a knowledgeable person before purchase. Unless you're comfortable with your level of expertise, hire an expert. But do it soon, because someone's going to snap this up for 40.
Just curious, how do you know it's a two top car?
PS. The hood gap in front is pretty typical of a C1
2020 Corvette of the Year Finalist (track prepared))
2019 C1 of Year Finalist (track prepared)
Originally Posted by 65GGvert
Just curious, how do you know it's a two top car?
PS. The hood gap in front is pretty typical of a C1
soft top clamps are present on the deck lid. True, some solid axle Corvettes came with a hood gap like that, but that looks like a wider gap than it should be. Pictures can be deceiving, but would be an area to inspect closely.
Here's a link to 53 completed auctions on Bring A Trailer for 1962 Corvettes. They span from 2 days ago to back to 2016. There were 27 auction so far in 2021. That should give you an idea of the market:
I would like to hear why it has not moved in ten years IF it was running ok? I I would also like to know why he doesn't get it running and get more money for it? If it sounds too good to be true it usually is. 60 to 70 for a car you can't hear run, drive, know if drive train needs work or see under the car is a crap sloot at best. You could easily have 100,000 grand before you are done. Running and drivable 60 to 70 maybe, but I doubt it.
I would like to hear why it has not moved in ten years IF it was running ok? I I would also like to know why he doesn't get it running and get more money for it? If it sounds too good to be true it usually is. 60 to 70 for a car you can't hear run, drive, know if drive train needs work or see under the car is a crap sloot at best. You could easily have 100,000 grand before you are done. Running and drivable 60 to 70 maybe, but I doubt it.
It is also interesting to me……he states that the car was running fine when he put away and it looks great….he also has two vintage HD motorcycles sitting….he is early 70s….I’ll keep talking to him….
11-27-2021, 12:51 PM
1962 327 4 speed manual - maroon red
Thats a steel buy it!
