Corvette mag pricing guide for c3?
Le Mans Master
Joined: Aug 2006
Posts: 7,427
Likes: 1,560
From: mount holly NC
2025 c3 ('74-'82) of the Year Finalist - Unmodified
2019 C3 of Year Finalist (appearance mods)
Went down $15.00 per year!
Paid $5400.00 10 years and 35,000 miles ago and it's still worth $5250.00. I think mine held its value pretty well!
Team Owner
Joined: Aug 1999
Posts: 30,995
Likes: 99
From: Ontario
I tend to agree with you re "accuracy". But I really have no doubt that the magazine's survey is showing significant downward "trends" for all but the the most collectible cars. It's a good guide and a decent reference for those who are considering a purchase. It is much better than NADA where a 350cid engine is an option??
But as noted it all boils down to what someone is willing to pay for your car. In the case of my 1974 convertible it fits in the guide between "good" and "excellent" ranges and I would be comfortable selling it for a price within that broad range. In fact I have had offers. People know a good, solid car when they see one, even NOM.
Last edited by Paul L; May 25, 2010 at 03:19 PM.
Team Owner
Joined: Jul 2008
Posts: 23,419
Likes: 22
From: In limbo
St. Jude Donor '13-'15, '17 thru '22
I've said it before, and I'll say it again: I overpaid for my car.
Come on folks, you know who you are, say it with me now: I overpaid for my car.
No, that was weak! Come on, let go and say it: I overpaid for my car!
Once you get past the first time, it gets a lot easier, trust me.
I'll bet I'd take an $8K hit on my car if I tried to sell it now, but I don't care. I didn't buy it as an "investment". It's a toy, and a hobby, and I enjoy it thoroughly. When it's not fun anymore, I'll sell it (unless one of my kids wants it), I don't care for how much.
Come on folks, you know who you are, say it with me now: I overpaid for my car.
No, that was weak! Come on, let go and say it: I overpaid for my car!
Once you get past the first time, it gets a lot easier, trust me.
I'll bet I'd take an $8K hit on my car if I tried to sell it now, but I don't care. I didn't buy it as an "investment". It's a toy, and a hobby, and I enjoy it thoroughly. When it's not fun anymore, I'll sell it (unless one of my kids wants it), I don't care for how much.
Team Owner
Joined: Aug 1999
Posts: 30,995
Likes: 99
From: Ontario
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Safety Car
Joined: Sep 2007
Posts: 4,458
Likes: 331
From: Indy Indiana
i overpaid for my car.....
only because you add in the sales tax ( you are down about 7% as soon as you title the car..) , insurance, acquisition costs, and a few thousand in nickle and dime stuff.. and the 25% down from 3 years ago when I bought it!
I will get my price if I wait long enough.. if you have great paint, no rust and a certain degree of correctness/rareness, then someone out there will also overpay for it...
if it was for sale.. of course everyone has a price.. as I do.
'overpay' is such a nebulous term anyway..
only because you add in the sales tax ( you are down about 7% as soon as you title the car..) , insurance, acquisition costs, and a few thousand in nickle and dime stuff.. and the 25% down from 3 years ago when I bought it!
I will get my price if I wait long enough.. if you have great paint, no rust and a certain degree of correctness/rareness, then someone out there will also overpay for it...
if it was for sale.. of course everyone has a price.. as I do.
'overpay' is such a nebulous term anyway..
Pro
Joined: Sep 2007
Posts: 520
Likes: 0
Do you think the 74 to 82 Corvettes will get a rebound in pricing? The economy has driven the pricing down.
Do people have cash in the bank and waiting to buy a collector car when they feel better about the economy?
When are people going to start considering buying toys again?
Do people have cash in the bank and waiting to buy a collector car when they feel better about the economy?
When are people going to start considering buying toys again?
Melting Slicks
Joined: May 2006
Posts: 2,369
Likes: 103
From: Centerville Louisiana
