tough market
Advanced
Joined: Jul 2009
Posts: 74
Likes: 0
From: ft walton beach florida
You are preaching to the choir but keep in mind the poor sentence structure, grammar, spelling and punctuation on this forum. It's everywhere unfortunately. People present themselves as if they have a third grade education and then wonder why no one takes them seriously.
Team Owner
Joined: Feb 2005
Posts: 35,976
Likes: 29
From: San Clemente California
Buyers are out there you just have to work to make a sale. I sell em all the time most of my cars don't even need to get listed on ebay they sell at car shows. You have to know what cars to buy, buy the wrong one and your stuck with it.
Race Director
Joined: Dec 2004
Posts: 15,033
Likes: 2
You are preaching to the choir but keep in mind the poor sentence structure, grammar, spelling and punctuation on this forum. It's everywhere unfortunately. People present themselves as if they have a third grade education and then wonder why no one takes them seriously.
But, in this instance, we're talking about someone trying to sell what appears to be a nice car. There is no hurry to make sure he is the first to respond or is first in line to buy something.
It is basic marketing. If you want someone to take the bait and buy your product, it needs to be easy for the purchaser to assess what you have. Bad spelling, poor sentence structure and ALL CAPS is detrimental to what you are trying to do.
Advanced
Joined: Sep 2009
Posts: 96
Likes: 0
Well this topic is sure discouraging. My wife wants me to sell my '71 LS5 Convertible since I don't drive it and it just sits in the garage.
Do you think the market will pick up anytime soon for original low mileage big block convertibles?
I just found this site and not really into cars. I've owned my '71 for several decades and probably kept it too long.
Do you think the market will pick up anytime soon for original low mileage big block convertibles?
I just found this site and not really into cars. I've owned my '71 for several decades and probably kept it too long.
Corvette Stories
The Best of Corvette for Corvette Enthusiasts
Top 10 Most Expensive Corvettes Ever Sold on Bring A Trailer
Brett Foote
10 Things Every Corvette Owner Needs (2026 Edition)
Michael S. Palmer
8 Most "Only Corvette Owners Understand" Quirks and Problems
Pouria Savadkouei
10 Reasons the C6 Z06 is Still A Performance Benchmark After 20 Years
Joe Kucinski
How Much Horsepower Every Corvette Engine "LOST" in 1972
Joe Kucinski
Top 10 DOs and DON'Ts for Protecting Your Convertible Top!
Michael S. Palmer
Top 10 Most Explosive Corvettes Ever Made: Power-to-Weight Ratio Ranked!
Joe Kucinski
150 hp to 1,250 hp: Every Corvette Generation Compared by the Specs That Matter
Joe Kucinski
8 Coolest Corvette Pace Cars (and Replicas) of All Time
Verdad Gallardo
Advanced
Joined: Sep 2009
Posts: 96
Likes: 0
I'm not up to date on pricing. A neighbor mentioned to my wife that he would offer maybe 10K to 12K for it. I'll have to make a few calls to some guys I know that follow the classic car market. I just thought that since it's a garaged kept original non-restored 1971 454 4 speed air conditioned convertible with less than 56,000 miles, it would be worth a little more.
Team Owner
Joined: Jul 2008
Posts: 23,419
Likes: 22
From: In limbo
St. Jude Donor '13-'15, '17 thru '22
I think the $17,100 offer on the '69 low-optioned NOM coupe is in the right range. I wouldn't be surprised if the seller and that bidder made a deal off-line after the auction closed. If they didn't, then the seller is likely dreaming of Barrett-Jackson riches.
I am also a little surprised the '71 documented BB AC coupe only pulled a bid of $20K. I would have thought that would pull at least a few thousand more. It's hard to see the condition of that car though, most of the things I would want pictures of were, not surprisingly, missing. If the car needs a bunch, then I think $20K is about right.
I am also a little surprised the '71 documented BB AC coupe only pulled a bid of $20K. I would have thought that would pull at least a few thousand more. It's hard to see the condition of that car though, most of the things I would want pictures of were, not surprisingly, missing. If the car needs a bunch, then I think $20K is about right.
Race Director
Joined: Feb 2003
Posts: 13,238
Likes: 1,092
From: YANKEES UNIVERSE 70 454-LS5 500 ft-lbs Torque
I'm not up to date on pricing. A neighbor mentioned to my wife that he would offer maybe 10K to 12K for it. I'll have to make a few calls to some guys I know that follow the classic car market. I just thought that since it's a garaged kept original non-restored 1971 454 4 speed air conditioned convertible with less than 56,000 miles, it would be worth a little more.
Burning Brakes
Joined: May 2009
Posts: 850
Likes: 36
From: Providence RI
I'm not up to date on pricing. A neighbor mentioned to my wife that he would offer maybe 10K to 12K for it. I'll have to make a few calls to some guys I know that follow the classic car market. I just thought that since it's a garaged kept original non-restored 1971 454 4 speed air conditioned convertible with less than 56,000 miles, it would be worth a little more.
And if it's unrestored, but worn, then you're looking at just about the cost of a full-restoration, at which point the car could be worth about $35k-$40k.
I think many buyers are being more realistic these days about what it costs to actually restore a car; you can browse an internet catalog, add things to your shopping-cart, and easily see that redoing the interior alone is going to cost over $2k in materials and parts alone, while paint will add another $10k. Add in the chassis, the trim, the electrical/vacuum systems that need work, and you can double that figure. Rather than buying a car now for $20k that may need $24k in work over the next five years, many people are realizing the wisdom of putting that $20k down, and financing the balance of $15k-$20k over the next five years for an already-done car, so they can save money (or spend the same if you throw in interest), AND have a car that they can enjoy and drive RIGHT NOW.
Given the market realities, though, there are many people who HAVE to sell their cars, so buyers actually can pick from a number of very nice big-block cars in the $25k-$30k range, making a $20k big-block couple needing any kind of work a bad prospect by comparison.
Melting Slicks
Joined: Dec 1999
Posts: 2,157
Likes: 0
From: Pensacola FLA
The economy must be improving. Don't give your car away.
http://cgi.ebay.com/ebaymotors/ws/eB...=STRK:MEWAX:IT
http://cgi.ebay.com/ebaymotors/ws/eB...=STRK:MEWAX:IT
Burning Brakes
Joined: May 2009
Posts: 850
Likes: 36
From: Providence RI
The economy must be improving. Don't give your car away.
http://cgi.ebay.com/ebaymotors/ws/eB...=STRK:MEWAX:IT
http://cgi.ebay.com/ebaymotors/ws/eB...=STRK:MEWAX:IT
At $35k, it's a question whether that seller broke even after the cost of that kind of nut-and-bolt restoration, even if he got the car itself for free!
Intermediate
Joined: Aug 2006
Posts: 33
Likes: 1
From: SE PA
That's definitely a high-30's car all day long, even in today's market, but two years ago, people were thinking that those C3's would be in the midyear range and ask over $50k.
At $35k, it's a question whether that seller broke even after the cost of that kind of nut-and-bolt restoration, even if he got the car itself for free!
At $35k, it's a question whether that seller broke even after the cost of that kind of nut-and-bolt restoration, even if he got the car itself for free!
