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Why have the prices jumped so much

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Old Aug 17, 2011 | 12:38 PM
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Default Why have the prices jumped so much

i havent looked at th 78-82 corvette market in about a year & a half but i never remeber prices being this high , does anyone know when they jumped up so high and why ? I mean i love the body style always will but the performance was a joke - i mean motor - the handleing was awsome !
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Old Aug 17, 2011 | 12:50 PM
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If you think those are high, check C6 ZR1 & Z06.

Stock HP /Perf. nos. are just a baseline...
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Old Aug 17, 2011 | 12:54 PM
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i realize those but two years ago i was looking to buy one and the were lik 4k-7k tops when did and why did they jump
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Old Aug 17, 2011 | 01:01 PM
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I looked for 78-82s back in '07 and stopped looking til this summer when I got my '78.

I think they are about the same. It all depends if you want a car to fix up or one that is drivable and 90% liveable. I went with the later one.

You can get a 'good' one for 7k+ IMO. Won't be 100% working everything, nor all original, nor show quality paint. But does that matter when you are behind the wheel of a C3?? I haven't regretted it yet.
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Old Aug 17, 2011 | 01:04 PM
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Asking prices and actual selling prices are two different things.

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Old Aug 17, 2011 | 01:06 PM
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No it doesnt matter my wife wants one so bad i wish i never sold mine but the a frame came apart at the welds and it never handled the same very strange , but i did drive the hell out of it and replace the stock with a 400hp crate motor man she was a beast you shoulda heard those borla exhaust screaming and even just at idle , nice!!!
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Old Aug 17, 2011 | 01:07 PM
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i heard that easy mike
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Old Aug 17, 2011 | 04:11 PM
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Originally Posted by usedtohavea79:(
i havent looked at th 78-82 corvette market in about a year & a half but i never remeber prices being this high , does anyone know when they jumped up so high and why ? I mean i love the body style always will but the performance was a joke - i mean motor - the handleing was awsome !
Last C-3 was made in 1982 !
near 30 yrs ago..almost any popular quality item 30 yrs old has gone up in value.
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Old Aug 17, 2011 | 06:48 PM
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Originally Posted by usedtohavea79:(
i realize those but two years ago i was looking to buy one and the were lik 4k-7k tops when did and why did they jump
I don't know where you have been looking but prices on those cars have not "jumped" substantially.

If you found one of those cars for $4k back then, it was the same piece of junk that $4k will buy now. You are mistaken.
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Old Aug 18, 2011 | 10:27 AM
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I can say some car prices are starting to recover. Ferrari prices have gone back up from 2008. Lotus prices have also gone up.
A lot of people were selling cheap a few years ago because of the economy.
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Old Aug 18, 2011 | 11:55 PM
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I'm presently restoring my '80, but when I check-out eBay for parts, I sometimes take a gander at the car prices. I've noticed an increase in "Buy It Now" prices. Funny thing, it's apparent in many cases that the seller either can't read or decides to misrepresent the odometer milege. He'll say the car has 30,000 clicks, but when you look at the photos of the engine and the interior, it's painfully obvious from the wear that the odometer has gone around at least once.
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Old Aug 19, 2011 | 07:26 AM
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Originally Posted by 80Baby
He'll say the car has 30,000 clicks, but when you look at the photos of the engine and the interior.
Ha my people could have fooled me and said 20k instead of 120k. But the inside is re-done, not original. So I could have assumed there.
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Old Aug 20, 2011 | 04:38 AM
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You have no idea what high prices are until you shop here in Australia, my 79 in it's preserved but not pristine condition is worth (and would sell) about $30K. So if you can buy a C3 in driveable condition for under $10K then go for it, I for one am jelous.

Dennis.
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Old Aug 20, 2011 | 10:33 AM
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the prices were down a few years ago because of the economy. now there down even more because of the economy.

Last edited by nutsy; Aug 20, 2011 at 10:35 AM.
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Old Aug 20, 2011 | 10:42 AM
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Originally Posted by Aussie79
You have no idea what high prices are until you shop here in Australia, my 79 in it's preserved but not pristine condition is worth (and would sell) about $30K. So if you can buy a C3 in driveable condition for under $10K then go for it, I for one am jelous.

Dennis.

So it cost $20 G to send a car to Australia !!!?
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Old Aug 20, 2011 | 11:35 AM
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I noticed a price jump too the past week or so in the Detroit area. I figure it's driven by the Woodward Dream Cruise.

I think you'll find that any spikes in this economy will be both local and temporary.
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Old Aug 20, 2011 | 12:45 PM
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Originally Posted by usedtohavea79:(
i havent looked at th 78-82 corvette market in about a year & a half but i never remeber prices being this high , does anyone know when they jumped up so high and why ? I mean i love the body style always will but the performance was a joke - i mean motor - the handleing was awsome !
the performance of any year small block can be fixed verry cheap and easy and still look factory correct .if you like that body style,the rest is easy.
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Old Aug 20, 2011 | 10:04 PM
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Originally Posted by couperdecar
So it cost $20 G to send a car to Australia !!!?
Nope, about $3K or less, they just charge that much for the trouble of flying to the States and finding it, importing it, getting through customs, steam cleaning at customs, paying the stevedors, modifying it to meet Australian standrads and then registering it, add on a few dollars for pofit and their you go.

Cheers, Dennis.
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Old Aug 20, 2011 | 10:15 PM
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Originally Posted by usedtohavea79:(
I mean i love the body style always will but the performance was a joke - i mean motor - the handling was awesome !
Low performance is a good thing when buying a vette.
This way you can do the upgrades you want.
Messing with the timing, carb mods, and exhaust work will really wake up your low priced dog for not a whole lot of money.
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Old Aug 21, 2011 | 12:00 AM
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Originally Posted by Aussie79
Nope, about $3K or less, they just charge that much for the trouble of flying to the States and finding it, importing it, getting through customs, steam cleaning at customs, paying the stevedors, modifying it to meet Australian standrads and then registering it, add on a few dollars for pofit and their you go.

Cheers, Dennis.
There is something to be said for buying locally I reckon. I inspected a '79 in Victoria that cost the guy $7,000 in repairs to get the engineer's tick for rego. So unless you know someone super reliable in the States who can guarantee you a perfect car, it can be real risky importing something which you can't simply send back.

Probably the dollar has something to do with it too. $20k here would have been $15k in the US a few years ago. But now that $20k Australian will buy you $21k US, and sellers don't like their classics depreciating, then you get a real difference in values.
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