New guy with a question
Thread Starter
2nd Gear
Joined: May 2010
Posts: 2
Likes: 0
New guy with a question
Nope, I don't have a Corvette but a customer on my route has a 1975 coupe for sale. He's asking $5000 for it and it has 64k miles on it. It's a L48 with a 4 speed. There's no power anything in the car.
So far the problems I've seen with it are the following
The front and rear bumpers have pieces missing from them.
The car has a terrible base coat clear coat paint job on it. Owner's not sure of the color.
Needs tires
Center console needs some work as it has some a broken piece on it.
Drivers side interior door panel was messed up some, don't know how repairable it is.
I didn't see any cracks in the body anywhere
The owner bought the car when it was 1.5 years old
Engine fired right up but there was a small puff of smoke when it fired so it probably at least needs valve seals.
According to the owner the car has always been garaged and never been driven in the winter (snow, ice and salt).
Can't take it for a ride because it isn't insured.
I don't know much about Corvettes so is there anything specific I should be looking for? Is $5000 too high, too low or just about right? Thanks
KenB
So far the problems I've seen with it are the following
The front and rear bumpers have pieces missing from them.
The car has a terrible base coat clear coat paint job on it. Owner's not sure of the color.
Needs tires
Center console needs some work as it has some a broken piece on it.
Drivers side interior door panel was messed up some, don't know how repairable it is.
I didn't see any cracks in the body anywhere
The owner bought the car when it was 1.5 years old
Engine fired right up but there was a small puff of smoke when it fired so it probably at least needs valve seals.
According to the owner the car has always been garaged and never been driven in the winter (snow, ice and salt).
Can't take it for a ride because it isn't insured.
I don't know much about Corvettes so is there anything specific I should be looking for? Is $5000 too high, too low or just about right? Thanks
KenB
Instructor
Joined: Aug 2009
Posts: 170
Likes: 21
From: Las Vegas, NV
corvettes cost a lot to paint, even if you figure 5K for paint and another 5K for everything else, thats a $15k investment, you can get a nice/decent '75 for 10K, so its not a good deal.
(based on the info you presented)
If it was a convertible, it might make sense.
4-speed and low miles are pluses, but sounds like this owner has really ignored the car, thats not a good sign.
(based on the info you presented)
If it was a convertible, it might make sense.
4-speed and low miles are pluses, but sounds like this owner has really ignored the car, thats not a good sign.
Melting Slicks
Joined: Aug 2008
Posts: 2,456
Likes: 10
From: Somerdale NJ
St. Jude Donor '11-'12-'13-'14-'15-'16-‘17-‘18
corvettes cost a lot to paint, even if you figure 5K for paint and another 5K for everything else, thats a $15k investment, you can get a nice/decent '75 for 10K, so its not a good deal.
(based on the info you presented)
If it was a convertible, it might make sense.
4-speed and low miles are pluses, but sounds like this owner has really ignored the car, thats not a good sign.
(based on the info you presented)
If it was a convertible, it might make sense.
4-speed and low miles are pluses, but sounds like this owner has really ignored the car, thats not a good sign.
Team Owner
Joined: Jun 2000
Posts: 38,923
Likes: 1,482
From: Southbound
Cruise-In II Veteran
$5K is not absurdly out of line. The items listed in your post are all repairable/replaceable. Do the numbers match? Have you checked? I'd be surprised if the car has no options, but a true no option car appeals to certain buyers. Post some pics.
A copy of this will help:
A copy of this will help:
Last edited by Easy Mike; May 12, 2010 at 11:05 AM.
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Racer
Joined: Jan 2010
Posts: 402
Likes: 1
From: Medford NJ
Don't be so desperate to own a Corvette that you buy anything with an emblem on it. These base, low power and high production, mid 70's coupes are everwhere - cheap. This fixer upper won't be a valuable classic, just an expensive project.
Administrator
Joined: Jul 2000
Posts: 53,997
Likes: 6,213
From: About 1100 miles from where I call home.
Just a point of interest if you continue shopping... asking/checking if the engine numbers match is far, far, far, far more important than if it needs tires.
Thread Starter
2nd Gear
Joined: May 2010
Posts: 2
Likes: 0
Thanks for all the replies everyone. What everyone here says makes perfect sense. I already have one vehicle money pit (60 Chevy pickup) that's draining my wallet so I really don't need another one.
I'm not really in the market for a Vette but I see this one every day when I'm out making my deliveries so that's why I stopped to take a look at it. Didn't fall in love with it and don't need it either but I would like to have a Vette one day.
Thanks again
Ken B
I'm not really in the market for a Vette but I see this one every day when I'm out making my deliveries so that's why I stopped to take a look at it. Didn't fall in love with it and don't need it either but I would like to have a Vette one day.
Thanks again
Ken B