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I am contemplating purchasing a 67 Vert with <40K miles. It does not have the original engine w/matching #'s new original color paint, interior etc. What is a good price on this car and does it have any investment value? Are there any things I need to be aware of when looking at a car like this?
I am contemplating purchasing a 67 Vert with <40K miles. It does not have the original engine w/matching #'s new original color paint, interior etc. What is a good price on this car and does it have any investment value? Are there any things I need to be aware of when looking at a car like this?
You would be buying the most sought after year of the mid year corvettes(63 to 67). As long as the car is not butchered such as flared wheel wells or a 1 piece nose or 3 tail lights etc. and the paint and interior is nice the car would tend to be a decent investment(provided you don't over pay to get it). In the northeast I have seen a couple of 67(non matching number) convertibles in nice condition going in the mid to upper $20's. If they were matching numbers they would have gone into at least the mid $30's. These were small block cars. If we were talking big block 427's thats a whole other story.
As far as what to be aware of when looking at a mid year always check the frame for rot especially right behind the doors near the rear wheels. Be sure to check all the body panel alignment, doors and hood seams. Also see if the owner has any of the original paperwork, manuals tank sticker/buildsheet. Thats always good to have. See if the tank sticker is still on the tank. If you open the gas lid and pull the rubber seal away from the filler neck you can shine a flashlight on the top of the tank and quite possibly see the original tank sticker glued onto the top of the tank. If its there don't try and pull it off. You will have to drop the gas tank and even then its not going to come off in one piece. The tank sticker will tell you all you need to know about the car, what motor was in the car, what options etc.
Good Luck. 67 was a great year. Wish I still had my 67/427 vert. Best vette I have ever owned.
:iagree: Geck is right on. It's obvious you have owned and one have extensive knowledge on them. :cool:
The demand for the Midyears are all in how original they are. That's why paperwork drastically increases the value of these cars. If one doesn't have a correct engine, tranny, hood, etc. the value drastically drops. I watch prices on Midyears all the time. The 67 is the most sought after Midyear, period. I'm really only interested in matching-numbers Midyears. A small block matching numbers vert generally go in the low to upper 30s. The big blocks are a completely different story. The 427/435 horse cars generally go for 60 to nearly 100K.
You will get unbelievably great information in the C2 section. Those guys are good. :yesnod: :cheers:
Check the lip of the inside rear fender wells to see if it has been clearance for big tires or cracks. Also check the frame as mentioned above. 67 was the first year for the tank sticker. The 67 has many one off pieces 1st of the hand e-brake between the seats, and the back lights were moved above the tag. As for depends on many factors. Try the C2 section plenty of knowledgable guys in there :cheers:
Classic Glass Corvette Club in Marietta several mid year owners that could help if you want advice.
I just recently sold a 65 ragtop, nassau blue with non original motor for $31,000.00. Car had original 4:11 gears and was in extreemly nice condition. I actually got a higher offer after I already commited to sell it to a forum member. I kept my word and sold it to the forum member. In short, a 67 is the primo year to own so I would think, if its very nice condition, you might have to pay slightly higher than $31,000.00. Having said that, times are hard, there are very many good deals out there if you are just patient and find one. If the car is sound, and everything checks out, its very difficult to loose money on a midyear. Let us know how you make out. Good luck