The $350,000 71 Vette is down to less than 24 hours. Anybody around here checking their funds? Wonder if he has any 6 figure bids?

http://cgi.ebay.com/ebaymotors/1971-...QQcmdZViewItem

 

One good question is, how do you spend $180,000.00 on a restoration?

 

Actually, Jim from County Corvettes is a member here, and posted this car in the for sale section some months back. As I recall, he said he had an offer at $265,000. It looks like a great car!

Edited to add: My old-timers disease is not yet as bad as I feared. Go here: http://forums.corvetteforum.com/c3s-...-for-sale.html Posted 12-24-08. You had your chance here on the forum!!!

 

350k for a corvette is retarded, regardless of who did it, 180k in restoration????what ????why not just go to the barret jackson and buy one fully restored for less than that. thats rediculous you can get 3 lamborghini's for that, your telling me that a corvette is worth 3 lambo's or a brand new house on its own land??????i love my vette but come on now i doubt very highly it will sell for 350k and if it does then the guy who buys it needs serious financial council, it is nice; not doubting its worth alot but no way it's worth that kind of money!!!!! jmho

 

they declined so they must be serious!

 

$350,000 dollars isn't that much money!!!
Wait... on second thought it is!!!
Regards,
Alan

 

This is right in line with the 1935 Buick someone inherited from a relative that had an actual 3500 miles on the car and had been stored under a tarp...in a dry environment...for 70 years or so. The value of the car in it's "as found" condition would have been astounding. But the "dude" took it to a custom car builder, spent $60K to make it into a wildly modded car, then tried to sell it a Barrett-Jackson. He ended up selling it for less than he dumped for the custom work! Talk about being a bonehead! Spending $185K to clean up a '71 Corvette is insane...

 

Hello Mr. insurance man? I bought this '71 Vette and I need an agreed value of $350k put on it........

Hello, Hello, anybody there?...............

 

in 2001 I had the opportunity to buy a 71 LS6 for 25K. boy am I stupid.

 

I am sorry but If this is all the car it is supposed to be you take it to the big bucks auctions and hype it like "The last Stingray" If you do not have the "apples" for BJ you go to Mecum. At those auctions it will either stand out next to it's peers or it will not. Simple as that.

 

Sweet Car!

 

It's not even lightly driven.. The thing has 77k miles on it. Then again with the $185,000 dollar rebuild every inch of the thing would HAVE to be replaced.

 

2 years ago an LS6 Chevelle Convertible sold at BJ for what, 1.5M? Kinda puts things in perspective, doesn't it?

 

If someone is looking to put the last special high performance big block built musclecar from Chevrolet in their stable, this would be a good example. It has all the right features and a good color combination as well. I don't particularly put more monetary emphasis on the convertible model over a coupe model, as currently there are more LS6 convertibles known to date than LS6 coupes. I expect part of this is due to the original cost of these cars when built. The convertible body style was cheaper than the coupe and almost any LS6 Corvette was retailing more than $7,100 when new. My two coupes retailed above $7,400 new and that was darn near half the median household income in 1971!

As far as the restoration cost, it is not hard to see how that much expense could have gone into the labor intensive job of dismantling and re-installing everything on this car. Todays hourly rate for Corvette Restorations in Northern California is $120 an hour, the overhead of a shop, employees adds up very quickly, and it wouldn't make economic sense to have a restoration done on C3 models except the very rarest, such as ZL-1, L-88 or LS-6. Anyone having a full blown restoration done on a L-71 or L-71/L89 or LT-1 is most likely going to be in it upside down under these current times.

 

GM records state they built 116 L-88 Vettes in 69. There sure are a lot more than that out there running around. Seems like 90% of the people you talk to " had an L-88"

 

On the contrary,
If a guy can afford to blow 350k on this car, then I would like him to council my financial matters.

 

 

Thanks for responding with one of the more reasonable responses.

This car is an original - one owner car. Fully documented and very rare.

When I say rare we can break it down like so; 188 LS6 Corvettes were ever produced from the factory with the 454/425hp alum. head big block. 130 ever came with the optioned M-22 Transmission w/ Heavy Duty Double-Disk Clutch. Additionally - this car is a Convertible(Black Vinyl Soft top) with Factory Hardtop, Mille Miglia Red w. Black Leather Interior and well optioned. Everything considered one would be hard pressed to find another LS6 Corvette on the same level as the one in question.

On to the restoration - We are one of the (if not, THE largest) Corvette restoration facilities in the world. We have restored some of the rarest Corvettes in the country. If you ever get a chance to see a car we have worked on in person - you would understand the prices that sometimes go along with these cars. At $96.50/hour (which like stated above is lower that most shops performing similar work) it is not difficult to surpass 150k in costs. Not to mention - when a car is valued at well over 300k, a 180k restoration is what some would call a 'good investment'. This car's restoration is fully documented and open to anyone to view on our website. Please feel free to check it out ; http://www.countycorvette.com/customers/Jpiotrowski.htm

Because of the rarity of the LS6 - there only a few examples of the prices these cars are selling for. With some research you will see that this car is right in line.

So before bashing the price of the car or it's restoration - please do some research.

Now on to some pictures...
Atlantic City




In our showroom:


Let me know if I can answer any questions...

 

very nice car but still 350k is crazy for a corvette, but good luck selling it anyway

 

Jim that is one great looking 71 LS6 you got there along with the 69 427/400 you have on your website.