1982 Corvette Questions Please?
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Instructor
Joined: Sep 2012
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From: Ocean City Maryland
1982 Corvette Questions Please?
Hello
This is my first post. Back when I was in my late teens I worked at an exotic used car lot in college and the owner had quite a few older corvettes of which I had the pleasure of driving on a regular basis.
As life is get married, have kids, house, bills etc...I just never got around to getting one of my own. Oldest is now in college and the other two in high school and the money is set aside for them for college.
Anyway my neighbor must sell her 1982 Corvette. Mechanically it appears pretty sound although I will have it looked at closer by mechanic. It is badly in need of a paint job. I think she had it painted once and it is coming off the hood in chunks.
I have been looking at prices and for what I belive I can get this for it is dirt cheap even if I have to spend a couple thousand for paint. So my question is as far as future collectability/value does it afffect the value if it is not original paint? Not original color?
I know people restore cars all the time, I never had and I am not sure of the do's and don'ts. At any rate it is a 30 year old corvette and I would love to have it. Only has 60,000 miles on it.
Thougts suggestions.
Thanks
Joe
This is my first post. Back when I was in my late teens I worked at an exotic used car lot in college and the owner had quite a few older corvettes of which I had the pleasure of driving on a regular basis.
As life is get married, have kids, house, bills etc...I just never got around to getting one of my own. Oldest is now in college and the other two in high school and the money is set aside for them for college.
Anyway my neighbor must sell her 1982 Corvette. Mechanically it appears pretty sound although I will have it looked at closer by mechanic. It is badly in need of a paint job. I think she had it painted once and it is coming off the hood in chunks.
I have been looking at prices and for what I belive I can get this for it is dirt cheap even if I have to spend a couple thousand for paint. So my question is as far as future collectability/value does it afffect the value if it is not original paint? Not original color?
I know people restore cars all the time, I never had and I am not sure of the do's and don'ts. At any rate it is a 30 year old corvette and I would love to have it. Only has 60,000 miles on it.
Thougts suggestions.
Thanks
Joe
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From: About 1100 miles from where I call home.
"A couple thousand" for paint? Were you quoted this number? It could be 3-5 times that amount.
In most cases, yes, wrong color can affect the value negatively. Generally speaking, the impact is less on cars with less market value.
In most cases, yes, wrong color can affect the value negatively. Generally speaking, the impact is less on cars with less market value.
Thread Starter
Instructor
Joined: Sep 2012
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From: Ocean City Maryland
No official quote on the paint cost just general conversation with a local guy that paints cars...
the impact is less on cars with less market value would this be a 82 corvette that you are speaking of?
What would one pay for an 82 with clean interior, runs well and needs paint? just a ballpark, I know details are missing...
Thanks
the impact is less on cars with less market value would this be a 82 corvette that you are speaking of?
What would one pay for an 82 with clean interior, runs well and needs paint? just a ballpark, I know details are missing...
Thanks
Le Mans Master
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From: columbia city in
i would guess the 82 at 4-8 thousand .the low miles are good but there is a lot to think about .how is the interior ,brakes ,any rust,what color is it ?some colors sell better than some.paint will be higher than you think.how do the the rubber bumbers look?
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From: Ocean City Maryland
Brakes are good, runs good, have to have a mechanic put it on a lift and give it a good look over so those questions are still unanswered. The interior is in good shape (red). It is a dark grey in color, not sure if it is the original paint or not. I am thinking it is not.
Le Mans Master
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From: columbia city in
check the plate inside the drivers door and see what the original color was.http://corvettec3.ca/colors.htm#1982_Options
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From: Ocean City Maryland
check the plate inside the drivers door and see what the original color was.http://corvettec3.ca/colors.htm#1982_Options
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From: Southbound
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About a third of potential buyers might be aware of the wrong color repaint but it would not necessarily be a deal breaker for them provided the car has a desirable color on it and looks good.
About a third of potential buyers will not realize the car is an incorrect color and will not know where to look to determine what the original color was.
Be aware a color change repaint is expensive and more involved than you might think.
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From: Ocean City Maryland
Ok so below are some pics of what I am looking at. I know I have none of the underside etc.. but based on what you see here what is a first look value. I am interested but obviously don't want to over-pay or buy something that is going to be a nightmare...
Could use some guidance please
Thanks
Joe
Could use some guidance please
Thanks
Joe
Melting Slicks
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From: Warrington PA
Finalist 2020 C4 of the Year - Unmodified
If you can get for "dirt cheap" like you said, I would buy it. It probably is the original color, as the red interior was an option with that color for 82. And that interior doesn't look bad at all. Just be prepared to replace and update parts as needed, for it is a 30 year old vehicle.
Bought my 82 back in March as a "dd" and have put money into it since, but I use it everyday, so it needs to be totally reliable. If you enjoy or would enjoy working on the 82, then do it. If you feel it may cost to much time, $$$ and effort down the road, then I would look for one that has already been redone or a great shape original. It will cost you more, but you probably won't have to do more than maintain what has already been completed.
Good luck in your decision...................Tom
PS....engine compartment looks complete, doesn't look like anything is missing. And the car appears to have most of the options for that year.
Bought my 82 back in March as a "dd" and have put money into it since, but I use it everyday, so it needs to be totally reliable. If you enjoy or would enjoy working on the 82, then do it. If you feel it may cost to much time, $$$ and effort down the road, then I would look for one that has already been redone or a great shape original. It will cost you more, but you probably won't have to do more than maintain what has already been completed.
Good luck in your decision...................Tom
PS....engine compartment looks complete, doesn't look like anything is missing. And the car appears to have most of the options for that year.
Last edited by 74 LS4-454; Sep 24, 2012 at 02:48 PM.
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From: Kansas
If the car runs good and checks out ok, I'ld buy it. Check out all the little things to make sure they work. (power windows, locks, seats, antenna, mirrows, ect.) Don't buy it as an investment. It's hard to make money on these type of cars. If you love the car, it is something you really want to have, buy it! Corvettes are cool cars. Just remember, it IS a 30 year old car and things WILL go wrong with it that will have to be worked on. Corvettes are different than other cars to work on. They are just put together diffenently than most other cars, and can be frustrating to work on.
I would say if you can get it for less than $7000.00, it is a good deal. It's not going to be a show car, right? I'm sure you could get paint for less than some on here think. People on here like to show off and will tell you all sorts of things!
Best wishes!
I would say if you can get it for less than $7000.00, it is a good deal. It's not going to be a show car, right? I'm sure you could get paint for less than some on here think. People on here like to show off and will tell you all sorts of things!
Best wishes!
Last edited by ksumt93; Sep 24, 2012 at 02:56 PM. Reason: additional info
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From: Kansas
Also, it looks like the paint damage is confined to the front fenders. You could probably just get that part painted to match the rest of the car if you like the color.
I agree with ssroadster, this car looks complete! that is important, you don't want to be searching for parts and stuff on these cars. Looks like a great deal to me.
out of curiouity, how much are they asking for this car???
I agree with ssroadster, this car looks complete! that is important, you don't want to be searching for parts and stuff on these cars. Looks like a great deal to me.
out of curiouity, how much are they asking for this car???
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From: Southbound
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What are the codes on the trim tag? Looks like 742 red leather and 39 Charcoal to me. I'm wondering whether the car may have been white (10) once upon a time.
Other than the paint problem (I've never seen a Bowling Green car lose paint in this type of pattern), it looks like an otherwise nice 82.
Other than the paint problem (I've never seen a Bowling Green car lose paint in this type of pattern), it looks like an otherwise nice 82.
Last edited by Easy Mike; Sep 24, 2012 at 03:04 PM.
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From: Ocean City Maryland
Thank You for the responses. I would not be buying this for an invest or for a show car. I have always loved Corvettes well at least the C3's, the newer style just never excited me. Since I drove my first one back when I was 18 I said some day I would have one. This would be purely a toy to have some fun in with my wife and my kids (well at least one of them at a time...) Already have my Harley and a Jeep. Started looking for an old car a while back but nothing ever seemed to jump out at me. I just stumbled across this one and the girl who owns it has to not wants to sell it. I am thinking this would be a good opportunity if the price is right.
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I will check when I get home from work. It is up the street from me and I was going to go crawl around with a flashlight and look around underneath when I get home.
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From: Kansas
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From: Ocean City Maryland
She is moving and can't take it with her. The sooner she sells it the sooner she can leave. If we can meet somewhere in the middle I think I would be pretty happy
Melting Slicks
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From: Warrington PA
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If you can get it for under 7K, I would jump on it. Besides the paint, it does look good. When you get it up on the lift, don't let a little surface rust bother you, as long as there are no major rust issues, and everything qppears to be solid, I think you would be very happy with this 82......
if you want to make sure it tracks straight, get a bucket of water and pour it in the street (any flat surface) and then drive the Vette straight through it slowly with all 4 tires going through the water. Then get out and check the tire tracks on the street and you can determine somewhat if the frame & suspension is out of alaignment or not, by the pattern the tires leave on the dry surface. Just a simple test.
Le Mans Master
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From: columbia city in
if you really like the car i would go 6 .the paint is going to be expensive.the whole car has to be painted .for the paint to come off like that they did not do something right .i have been quoted prices up to 10 thousand for a paint job.