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A 68 Sold For $50K On Barret-Jackson

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Old 04-04-2005, 12:05 PM   #1
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Default A 68 Sold For $50K On Barret-Jackson

I think it was a 427/435HP. I wonder what deals like that is doing to the rest of our cars?
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Old 04-04-2005, 12:11 PM   #2
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was it a coupe or vert, 4sp or auto...?

original..?
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Old 04-04-2005, 12:11 PM   #3
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They had it listed as an L89 with many options. Lot #416 on their auction site. Hope this helps out.
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Old 04-04-2005, 01:50 PM   #4
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Quote:
Originally Posted by OHSIXX
I think it was a 427/435HP. I wonder what deals like that is doing to the rest of our cars?
value of our cars must be going down! It was a well documented 4 spd coupe. Coupes are rare, L89 very rare in 68. Pics are very dark on my computer but looks to be retored in excellent condition. Description says "off road exhaust" but pic shows sidepipes and we all know s/p were not a factory option in 68. Still does not look like a high price for that car.

Also, I checked out the description of the 69 "L89" red vert that went for $49k... note the description says, "correct bigblock" which is very different from "original bigblock" and not even "replacement bigblock" so without some really good documentation that looks like a manufactured car to me.
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Old 04-04-2005, 03:02 PM   #5
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There is no way values of Corvettes of any descriptions are going down, they might begin to plateau a little, but when price is bumpy for any vehicle, especially at auction, you have to take into account the lots around it, bidder preferences etc. Im not gunna read too much into that. Besides, 50k is a lot for any car, (Even a c6 which is more).
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Old 04-04-2005, 03:18 PM   #6
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Guys I would not worry, every year in Corvette Fever C3's have been the most appreciating Generation ($$$) for the past couple years.
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Old 04-04-2005, 03:51 PM   #7
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Quote:
Originally Posted by PRNDL
Coupes are rare, L89 very rare in 68.
Rare doesn't automatically make it valuable... Traditionally, coupes have brought less than verts. Personally, I'd rather have a vert...regardless of how many were built compared to coupes.
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Old 04-04-2005, 03:56 PM   #8
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Quote:
Originally Posted by CGGorman
Rare doesn't automatically make it valuable... Traditionally, coupes have brought less than verts. Personally, I'd rather have a vert...regardless of how many were built compared to coupes.
Amen!
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