Is 15K too much for...
Thread Starter
Burning Brakes
Joined: Dec 2007
Posts: 889
Likes: 0
Is 15K too much for...
...a NOM (GM Goodwrench) 72' Vert , 4spd, white top. Color change from green to MM red - both tops, needs exterior paint touch up on the convertible top 'glass cover panel. Needs new seat covers, cartpet, door panels (the usual). Engine has about 32K miles on it, tranny, diff, running gear very excellent, could use A-arm bushings. Wiper door does not work, but is all there. Options: P/S only.
Last edited by mar; Jun 10, 2011 at 03:03 PM.
Le Mans Master
Joined: Mar 2001
Posts: 6,640
Likes: 287
From: Ann Arbor Michigan
How is the frame and birdcage? Here is the value that Collector Car Market Review thinks it's worth. 15K might be a little high if it needs an interior redo but verts are worth more than coupes. Do you have any pictures to post?
Gary
1972 CHEVROLET CORVETTE 350-200hp (8cyl-4V) AT
Condition #5 #4 #3 #2 #1
Roadster 5825 11175 18025 24400 36425
Coupe 4275 8100 13975 19625 28150
Add:
350-255hp LT-1 15%
454-275hp (8cyl-4V) 30%
4spd manual trans 8%
Air conditioning 10%
Power windows 3%
Hardtop 5%
F-41 suspension 2%
Deluxe interior 3%
AM-FM stereo 2%
Tilt/Tele wheel 2%
Deduct:
Manual steering -3%
Gary
1972 CHEVROLET CORVETTE 350-200hp (8cyl-4V) AT
Condition #5 #4 #3 #2 #1
Roadster 5825 11175 18025 24400 36425
Coupe 4275 8100 13975 19625 28150
Add:
350-255hp LT-1 15%
454-275hp (8cyl-4V) 30%
4spd manual trans 8%
Air conditioning 10%
Power windows 3%
Hardtop 5%
F-41 suspension 2%
Deluxe interior 3%
AM-FM stereo 2%
Tilt/Tele wheel 2%
Deduct:
Manual steering -3%
Thread Starter
Burning Brakes
Joined: Dec 2007
Posts: 889
Likes: 0
Thanks for that tip - I am going to look at it again tomorrow and had thought about bringing my tools, remove the door sills (if possible) to look under the kicks. The #4 body mount brackets were a little rusty. The metal edges under the pillar post trims were clean, no rust. Maybe I can get them to jack it up, pull the rear wheels and get in the #3 body mount cavities too. I forgot to look at the front crossmember last time - duhh.
Administrator
Joined: Jul 2000
Posts: 53,986
Likes: 6,212
From: About 1100 miles from where I call home.
How is the frame and birdcage? Here is the value that Collector Car Market Review thinks it's worth. 15K might be a little high if it needs an interior redo but verts are worth more than coupes. Do you have any pictures to post?
Gary
1972 CHEVROLET CORVETTE 350-200hp (8cyl-4V) AT
Condition #5 #4 #3 #2 #1
Roadster 5825 11175 18025 24400 36425
Coupe 4275 8100 13975 19625 28150
Add:
350-255hp LT-1 15%
454-275hp (8cyl-4V) 30%
4spd manual trans 8%
Air conditioning 10%
Power windows 3%
Hardtop 5%
F-41 suspension 2%
Deluxe interior 3%
AM-FM stereo 2%
Tilt/Tele wheel 2%
Deduct:
Manual steering -3%
Gary
1972 CHEVROLET CORVETTE 350-200hp (8cyl-4V) AT
Condition #5 #4 #3 #2 #1
Roadster 5825 11175 18025 24400 36425
Coupe 4275 8100 13975 19625 28150
Add:
350-255hp LT-1 15%
454-275hp (8cyl-4V) 30%
4spd manual trans 8%
Air conditioning 10%
Power windows 3%
Hardtop 5%
F-41 suspension 2%
Deluxe interior 3%
AM-FM stereo 2%
Tilt/Tele wheel 2%
Deduct:
Manual steering -3%
With those issues and the repairs it needs, I dont think the price is that good, personally. Look a little harder and spend $20k for a similar condition car with the correct motor at least.
Thread Starter
Burning Brakes
Joined: Dec 2007
Posts: 889
Likes: 0
Thanks - I don't really care about the NOM issue in this case since it is relatively new. The glass is all original. Color change is not an issue either - personally I had considered changing it to a Corvette blue color. Given - I've got 4K work to do in the interior. I already have Al Knoch seat covers, install kit and foam though
I dont see how you can try to use this guide when the car is an NOM and is the wrong color. None of the price guides estimate those deductions.
With those issues and the repairs it needs, I dont think the price is that good, personally. Look a little harder and spend $20k for a similar condition car with the correct motor at least.
With those issues and the repairs it needs, I dont think the price is that good, personally. Look a little harder and spend $20k for a similar condition car with the correct motor at least.
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Thread Starter
Burning Brakes
Joined: Dec 2007
Posts: 889
Likes: 0
I wouldn't really disagree with you, but frankly I've never seen a running 72' vert 4-spd go for 10K lately. There's another local 72' Vert 4-spd, color change black (really incorrect color) from white, same options or lack of, and a way-worse interior, a hacked up engine compartment and a rough running 'origianl' motor. The guy is firm on $18.5 - yep, he probably won't get it.
Team Owner
Joined: Sep 2006
Posts: 31,278
Likes: 4,372
From: Westminster Maryland
Hi mar,
Just because YOU don't care about the matching motor and paint doesn't mean you should pay the higher price for the car because the owner has priced it as though it does have the proper engine and paint.
You're giving him money he shouldn't be getting.
Sorry!
Regards,
Alan
Just because YOU don't care about the matching motor and paint doesn't mean you should pay the higher price for the car because the owner has priced it as though it does have the proper engine and paint.
You're giving him money he shouldn't be getting.
Sorry!
Regards,
Alan
Thread Starter
Burning Brakes
Joined: Dec 2007
Posts: 889
Likes: 0
Alan - thanks very much, maybe I can negotiate 13.5. Would that be fair??? A lot of cars are changing hands w/o correct engines and a lot of 'correct' engines are in fact a really GOOD re-stamp (I'm told). Granted 'matching' is best.
mk
mk
Hi mar,
Just because YOU don't care about the matching motor and paint doesn't mean you should pay the higher price for the car because the owner has priced it as though it does have the proper engine and paint.
You're giving him money he shouldn't be getting.
Sorry!
Regards,
Alan
Just because YOU don't care about the matching motor and paint doesn't mean you should pay the higher price for the car because the owner has priced it as though it does have the proper engine and paint.
You're giving him money he shouldn't be getting.
Sorry!
Regards,
Alan
Last edited by mar; Jun 10, 2011 at 04:51 PM.
Administrator
Joined: Jul 2000
Posts: 53,986
Likes: 6,212
From: About 1100 miles from where I call home.
Hi mar,
Just because YOU don't care about the matching motor and paint doesn't mean you should pay the higher price for the car because the owner has priced it as though it does have the proper engine and paint.
You're giving him money he shouldn't be getting.
Sorry!
Regards,
Alan
Just because YOU don't care about the matching motor and paint doesn't mean you should pay the higher price for the car because the owner has priced it as though it does have the proper engine and paint.
You're giving him money he shouldn't be getting.
Sorry!
Regards,
Alan
Thread Starter
Burning Brakes
Joined: Dec 2007
Posts: 889
Likes: 0
Thx very much! That's why this is such a great Forum - a huge brain-trust based on 100's of years collective experience and observation.
Le Mans Master
Joined: Jun 2007
Posts: 7,666
Likes: 1
From: Where it's always hot as Hell-South Louisiana.
St. Jude Donor '07-'08-'09-'10-'11-'12-'13
NOT to change the subject, but in your first picture above - WHAT is that creature behind the fence/gate, standing on its hind legs? Sasquatch ? a bear ?
. That's worth 8-1000. How is the soft top?
Team Owner
Joined: Jan 2006
Posts: 37,637
Likes: 3,118
From: Crossville TN
The interior needs a lot of work (maybe not a lot of new parts, but certainly a total dismantle, cleaning, re-dye, new carpet, etc.); the engine compartment is in dismal shape. These two things would lead me to believe that the car had not been maintained that well. Yes, the hardtop is a plus IF the soft top is in good condition and functional.
I just don't see much more than $12K there...but that is only one person's opinion. The vintage car market is really down right now, maybe you are the person to get it going positive again!
I just don't see much more than $12K there...but that is only one person's opinion. The vintage car market is really down right now, maybe you are the person to get it going positive again!
Burning Brakes
Joined: Mar 2005
Posts: 1,231
Likes: 34
From: Ontario
Re-Stamp ?
Bill
Melting Slicks
Joined: Apr 2007
Posts: 3,189
Likes: 111
From: Tolland CT
Given the fact it's not the original engine or even a 'correct' engine, interior is rough and engine compartment rather scruffy. No more than $11K, maybe less depending on the condition of the frame, etc.So far as "proper engine" as mentioned in another post, I'm not sure what that means, 'original' or just 'correct'. A 'correct' engine may fetch a bit more but still leaves it as a NOM.
No idea what a NOM "should" sell for. Some buyers don't care, others given a choice of two would rather have a pieced together 'original' block than a solid 'correct' block. I'd suggest checking out cars for sale at Carlisle to get an idea of what the current market is. I did hear of a NOM selling for $15K last year at Carlisle with a few buyers interested. It was probably in better condition though...
Instructor
Joined: May 2011
Posts: 100
Likes: 0
From: Port Orange FL
Good eye!! I think you might have discoverd big foot!!