None taken, don't worry about it.

 

4 years I sold mt 69 camaro z28 302 motor it had a ce motor I also had the documentation it was the repair order and also a certificate stating the eng was replaced under warranty with the vin,mileage and so on the ce was a Corporate Exchange as I understood it and I got 40k for the car because buyer had researched the documentation.

 

So, just out of curiosity, how much would the car have gone for if it still had the original engine?

CE was Chevrolet Engine, BTW.

 

My best guess would be 52k,when the market was good the car was for sale for 38k for about 9 mos no sale took off the market,a friend was driving it a guy looked at it and offered 40k.lucky

 

Hi TO,
I looked at the pictures.
I think it looks nice enough in the pictures to go check it out in person.
How familiar are you with 69s?
Regards,
Alan

 

It's all good.

 

I have talked to the guy a couple of times & if it don't sell I may take a trip up to look at it. He is calling me tonight with some highlights of the documentation from 73 forward. I think it is going to take 25k to buy the car. I think that is a little high but I am going to check out his information. I am not at all familiar with 69s just what I have learned in my long search for a car I would want. I have owned several vetts & love the bumper cars. All of my vetts have been new or newer. Would take any advise given. I do have a friend that has judged & appraised cars that looked at the pictures & he could not see anything that alarmed him from the photos. Thanks

Tucker

 

25K for an incomplete NOM with an unrestored undercarriage? Ouch.

 

I know. Sucks cause I like the car & think it is as described. I think 20k to 21k maybe would be a fair price. Another 10 & I can get a big block with paperwork.

 

And you won't regret it. Take advantage of the current market.

 

Before you go and look at it, you need to see more detailed pics of the frame, and suspension. Also have some videos taken of it running and driving, and showing the headlights and wiper operation if possible. I did this in my for sale thread. The more upfront info you get the better.
It was mentioned it's an old replacement engine. Does it burn oil? If the milage is in fact true, and regular maintenance was performed on it, there's no reason the engine should worry you.
It looks like a very well taken care of Vette based from the pics, and a very nice color combination.
Go slow and hope it works out. Good luck.
Glenn

 

Great info thanks. He went through the documentation with me tonight. The owners are known back to 70 & records of work to somewhat prove the mileage to be correct. Won't get into the details but it does seam to add up. I am still having a problem with the price. I told him that he was around 3k above what I thought the market value of the car is today. I am going to let the auction run its course & then maybe get a video etc as you suggested & go from there. I like the car & its not totally about the price. I just want a fair deal. Thanks again for the great advise.

 

Just an update on this car. I left my home at 2am today for a 900 mile round trip to look at & buy this car. I was willing to pay a few k more than what I thought it was worth as I liked the car. I arrived & as I thought the car was as nice as any 69 I have seen. IMO We took the car down to a local place to put it on a lift. Well now for the rest of the story. It had been hit on the front passenger side though a good repair the stabilizer bar (i think that is what it is called) had been pushed when hit into the radiator pipe bad enough that the dent was as large as over half of the bar. The bumper did not have the center bolts in it at all & two others were loose. I think they went to the bumper. The rear end was leaking. The frame in front of the rear wheels was in bad shape. (I ask before I went if the underside had only surface rust & was told yes. The brakes were so bad that the light came on as I was trying to stop at a light & not hit the car in front of me. I am so sick about this that I don't know if I will even try & find one unless it is on this forum. I have bought several parts & met many friends on here & I have never been disappointed. Sorry for the rant I am just Poed. I wish I could have made him pay for my time.

 

glad you did not buy it on impulse, always ask for pics of the potential rusty areas before you go on a 900 mile round trip.. they knew it was rusted out if it had been on sale for very long and someone else had come to look it over real well.. do not buy a rusty car.. maybe if they give it to you.. but nothing more..

 

This guy (seller) is a Dealer! Not a private owner selling his car with a story. I can spot these ad's a mile away! I just did not see your original post till now. Dealers are the worst! They will say anything to sell a car. If, you want some help in finding a car...PM me....if not....good luck in your search, and I am sorry to hear you drove 900 miles round trip to be disappointed....the return 450 miles had to be tuff!!!!!!

Stay in tune....

 

Thanks guys. I actually thought asking the question & saying that I wanted to see it on a lift would have said something. I don't think he is a dealer but who knows. I will send you a pm (Gregg) Thanks again to all for your help.

Tucker

 

Forgive me for saying this but this sounds a bit like some tired NOM bashing?

I'd say the buyer is wise to consider how the value compares to one with an original engine. There IS a difference, different markets. Not EVERY Corvette buyer cares about original engines, those looking for drivers or restomods, etc. If the buyer understands the market, knows how the NOM affects the price, I see no reason they should have any trouble selling it later to another buyer who isn't looking for an original. I had absolutely NO problem selling my 67 with a NOM. Wasn't even for sale, people kept coming up and asking if I'd sell it. Some turned away when they heard it was a NOM,I didn't care, I hadn't planned to sell it just yet. One didn't and paid what I asked for it. He wanted to take the car on the spot (Carlisle) but had to wait a week. I needed to get home somehow... Similar experience with my 73. New owner wanted a driver, never checked the numbers. He sold it as well after a year..

IMO, the market could be in for change if the younger crowd decides they want to drive these cars, put in a modern engine which is more reliable, better mileage and performance. If this were to happen, being original wouldn't mean much. Kind of like Model T's, does the buyer want an antique for car shows or a hot rod?

I'm not saying the collector market will disappear. Certainly not wishing anything of the kind. Just speculating it could fade as the older owners who grew up around these cars move on. Much depends on whether the interest in purely original Corvettes is sustained with the new generations or tastes drift to restomods.

Either way I don't expect interest in vintage Corvettes to go away anytime soon.

 

I'm with you so far as owning the car for the love of the car, not for it's appreciation rate. I'd rather invest my money anywhere else, not in an old car if appreciation were all I was after.

I can't say I agree with 99.9% of people HERE couldn't care less. There are a lot of people here with business or financial interests related to Corvettes.

 

I want to buy a car that I love also. Anyway you look at it, it is an investment, maybe not one that will go up in value but an investment of your hard earned money. I will not pay 50k for a 40k car. I don't think many on here would just because they love the car. I love cars & plan on working towards being able to retire. I have downsized my investment in cars selling two as of late. I am only planning on having one toy in the future so if I find something down the road (another vette) I would most likely sell this one. What ever the market is.

 

You did a great job doing the diligence and saved yourself a lot of grief. Buying from a forum member is a good option, but you will still have to be careful. There are no barriers to entry on this forum. Not every member is going to describe every little thing that is wrong with their car. Still do your homework.