not n investment
1968 Conv. ballpark value?
Thread Starter
Instructor
Joined: Feb 2006
Posts: 235
Likes: 0
From: Fort Wayne Indiana
1968 Conv. ballpark value?
I know, not another, "whats it worth" thread. But I really dont have any idea.
Im going to look at a 1968 Corvette convertible, originally a 427 390 HP motor car and now has a 454, original muncie 4-speed. Not original paint, black/black, was Lemans/Lemans. Has the optional vinyl covered hard top. Paint is rough as is the interior. Does have some rust on the very back of each frame rail. Basically a project car, that runs and drives.
10k?
Im going to look at a 1968 Corvette convertible, originally a 427 390 HP motor car and now has a 454, original muncie 4-speed. Not original paint, black/black, was Lemans/Lemans. Has the optional vinyl covered hard top. Paint is rough as is the interior. Does have some rust on the very back of each frame rail. Basically a project car, that runs and drives.
10k?
Drifting
Joined: Feb 2005
Posts: 1,438
Likes: 2
From: Melrose Florida
I think 10k would be in the very good deal range, especially with the hardtop.
A NOM BB convertible in the condition you described would maybe range from $8k to perhaps $16k.
I just saw a '68 convertible, in pieces, original motor but base engine, for $12k, the price will go up as the owner completes each reassembly task.
A NOM BB convertible in the condition you described would maybe range from $8k to perhaps $16k.
I just saw a '68 convertible, in pieces, original motor but base engine, for $12k, the price will go up as the owner completes each reassembly task.
Drifting
Joined: Jul 2005
Posts: 1,891
Likes: 2
From: Baltimore MD
Thread Starter
Instructor
Joined: Feb 2006
Posts: 235
Likes: 0
From: Fort Wayne Indiana
addition:
Yeah, he's asking 11k for it and I might be able to get it for 10. Its also missing the original hood.
See, my wife has given me the okay to get something, but it has to be something that Im not gonna loose any money on. And I thought that it being a 427 car (although its missing) it would be a decent investment even if I didnt do anything to it and drove it for a while as is. She wants to make sure its an investment, I want it because I love Corvettes, so it has to work for both.
Thanks.
Original MSRP: $4,320
Low Retail
Average Retail
High Retail
Base Price
$12,050
$23,000
$37,825
Options
4 Speed Transmission
$1,075
$1,350
$1,700
427/390 HP V8 Engine
20%
20%
20%
Corvette Both Tops
$500
$900
$1,200
TOTAL PRICE
$16,035
$29,850
$48,290
See, my wife has given me the okay to get something, but it has to be something that Im not gonna loose any money on. And I thought that it being a 427 car (although its missing) it would be a decent investment even if I didnt do anything to it and drove it for a while as is. She wants to make sure its an investment, I want it because I love Corvettes, so it has to work for both.
Thanks.
Original MSRP: $4,320
Low Retail
Average Retail
High Retail
Base Price
$12,050
$23,000
$37,825
Options
4 Speed Transmission
$1,075
$1,350
$1,700
427/390 HP V8 Engine
20%
20%
20%
Corvette Both Tops
$500
$900
$1,200
TOTAL PRICE
$16,035
$29,850
$48,290
Last edited by kursed56; Mar 10, 2006 at 02:22 PM.
Instructor
Joined: Mar 2006
Posts: 109
Likes: 0
Don't forget
If the interior is shot plan an spending 2k getting that up if you do it yourself. Also I'm assuming the car runs if brakes are shot another $500 plus any suspension work. Are the frame rails rusted through? does it have a/c doubt it if it's a 4 speed you've got a lot to consider is the finished value going to be worth more when your done adding in total parts cost? Especially with non original motor you may want to hold you fire there will be another one trust
Team Owner
Joined: Jul 2001
Posts: 182,997
Likes: 88
From: Lakeland, FL
Cruise-In IV-V-VI-VII-VIII Veteran
St. Jude Donor '03, '06, '17
Originally Posted by kursed56
I know, not another, "whats it worth" thread. But I really dont have any idea.
Im going to look at a 1968 Corvette convertible, originally a 427 390 HP motor car and now has a 454, original muncie 4-speed. Not original paint, black/black, was Lemans/Lemans. Has the optional vinyl covered hard top. Paint is rough as is the interior. Does have some rust on the very back of each frame rail. Basically a project car, that runs and drives.
10k?
Im going to look at a 1968 Corvette convertible, originally a 427 390 HP motor car and now has a 454, original muncie 4-speed. Not original paint, black/black, was Lemans/Lemans. Has the optional vinyl covered hard top. Paint is rough as is the interior. Does have some rust on the very back of each frame rail. Basically a project car, that runs and drives.
10k?
Le Mans Master
Joined: Aug 2003
Posts: 7,720
Likes: 12
From: Chattanooga TN
I would say 10k may be a reasonable bottom price for the car-especially if it has some options on it. It will part out in that range assuming that it is all there, even with a bad frame. BB bumper verts are not cheap these days.
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Le Mans Master
Joined: Jun 2002
Posts: 8,339
Likes: 24
From: I can walk to MA
If the frame is not rotted - I'd say 10k is decent.
If rotted with NOM, aftermarket hood, bad paint and bad interior ....
I'd doubt you could part it out for 10k.
Plan on 2k interior and 6k paint. With good frame, you would
be into the vette for 18k. This is close to the NADA numbers if you deduct for NOM.
Cars are a very bad investment. Real estate.
If rotted with NOM, aftermarket hood, bad paint and bad interior ....
I'd doubt you could part it out for 10k.
Plan on 2k interior and 6k paint. With good frame, you would
be into the vette for 18k. This is close to the NADA numbers if you deduct for NOM.
Cars are a very bad investment. Real estate.
Thread Starter
Instructor
Joined: Feb 2006
Posts: 235
Likes: 0
From: Fort Wayne Indiana
Hmmmmm. Second thoughts?
I just recieved a couple shots from the guy and the body looks decent. I might still have to go check it out.
I would post some pics but dont know how.
I would post some pics but dont know how.
Team Owner
Joined: Jul 2001
Posts: 182,997
Likes: 88
From: Lakeland, FL
Cruise-In IV-V-VI-VII-VIII Veteran
St. Jude Donor '03, '06, '17
Originally Posted by kursed56
I just recieved a couple shots from the guy and the body looks decent. I might still have to go check it out.
I would post some pics but dont know how.
I would post some pics but dont know how.
go to
http://www.imageshack.us
use the "BROWSE" function to locate the picture on your harddisc and then click "HOST IT"
Then copy and past the url shown in the "DIRECT LINK TO IMAGE"" box.
past the url between [.img] [./img] tags (without the period) and submit your post!
Team Owner
Joined: Jul 2001
Posts: 182,997
Likes: 88
From: Lakeland, FL
Cruise-In IV-V-VI-VII-VIII Veteran
St. Jude Donor '03, '06, '17
Originally Posted by olouieo
This looks like more than some rust.
