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Can anyone help value this car?

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Old Jan 14, 2013 | 09:40 AM
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Default Can anyone help value this car?

A friend of mine is selling a black 1968 4 speed coupe with 427. Has around 70k miles. The car has been repainted, though not a great job. Interior is an 8/10. Wiper door is inop. Seems to run pretty good. Had a new clutch and other mechanicals done in the last 10k. Overall a very nice car.

The numbers don't match, as it looks like the motor was replaced under warranty. It has some documentation to back that up, but I don't know if it would be sufficient for a proper collector.

Looking in the classifieds and on ebay, I'm having a hard time dialing in on what the price range for this car is. Can anyone help? Any questions I could answer that would give you a better idea?

Is $25k a screaming deal? Or is it a "Thats about right" ?

Thanks so much for your help! Looking forward to participating as an owner!
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Old Jan 14, 2013 | 09:56 AM
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Hello, and welcome to the Corvette Forum. Kike some here, I've owned my 1968 for quite a while (purchased in 1985).
I know that others will respond with similar responses to mine so here it goes.

We need much mire info. Really, pictures would be great. There are several tutorials posted here on how to post pictures.

1968 has many one year only parts. Early 68's even more. Couple questions off the top of my head:
How is the frame?
How is the birdcage?
What version of 427? 390? 400? 435?
Sure the interior is 8/10, but is it a correct 68 interior?
Ever been hit? Modified?
Is black the original color? Check the trim tag in driver's side door pillar. Tell us the codes if you don't know them.
These are just a few of many more questions to ask. Having said that, originality does add value to a car in most cases. It could be a 25k car, but it could also be a 10k car. A NOM (CE?) block will, in most cases, take value down. Depends on what you eventually want from the car. Is there the possibility that you may want to take the car NCRS or will it serve as a fun driver? If that is the case (driver) don't let the NOM scare you, just don't pay original drivetrain prices. We really need some pictures!


Take care, john

Try posting some pictures of the car and good luck!

Last edited by avalonjohn; Jan 14, 2013 at 10:01 AM.
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Old Jan 14, 2013 | 10:19 AM
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Thanks so much for the response!

Everything under the car looks very clean. I don't see any rust or anything.

It is the 427/390.

I'm told that the interior is all original, but I have no way to validate that. I don't know enough to see anything wrong by looking though.

I don't see any body modifications, and I'm told it is stock. It looks like a modern coil was installed under the hood, but the motor is otherwise stock.

Yeah, black is the original color, but the paint job is not great.

Would it be fair to say that $25k is not a screaming deal? Rather, that it might just be fair? I think I won't buy it if it is just a "fair" price.

Here is a picture of the car, I wasn't able to get any close up ones yet:
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Old Jan 14, 2013 | 10:34 AM
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Originally Posted by Fendermb4
Thanks so much for the response!

Everything under the car looks very clean. I don't see any rust or anything.

It is the 427/390.

I'm told that the interior is all original, but I have no way to validate that. I don't know enough to see anything wrong by looking though.

I don't see any body modifications, and I'm told it is stock. It looks like a modern coil was installed under the hood, but the motor is otherwise stock.

Yeah, black is the original color, but the paint job is not great.

Would it be fair to say that $25k is not a screaming deal? Rather, that it might just be fair? I think I won't buy it if it is just a "fair" price.

Here is a picture of the car, I wasn't able to get any close up ones yet:
My understanding is that black cars are kinds of on the rare side (anyone?) I don't have the production numbers in front of me. It looks like a decent car. I think, from what you are telling me, 25k is not a "screaming" deal but fair. Again, depends on what you want out of the car. Does it have the original carb (7028209 if 4spd)? Does it have any of the SMOG components? ($$$) Try to get some more pictures of the interior and engine. Certain components will jump right out for most 68 owners. Take care, john

Last edited by avalonjohn; Jan 14, 2013 at 10:37 AM.
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Old Jan 14, 2013 | 12:46 PM
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The only thing that really matters is whether there is enough 'value' there for YOU to spend $25K for this car. There are a lot of things that I would check out before a car with that description would be worth that kind of money. Not only would the paint and interior need to be in pretty good shape, but the mechanical aspects of the car and the integrity of the frame/birdcage would have to be reasonably good, as well.

No way that anyone on this Forum who has not even seen the car could pontificate legitimately on its market value.
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Old Jan 14, 2013 | 01:09 PM
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It is true that a real code 900 black car will come with a little premium, but the NOM will negate that for the most part.

And while I agree I'd have to see the car to guess better, I would be comfortable in saying that an NOM coupe will a poor paint job is not remotely a "screaming deal" at $25k.

Also, those incorrect rocker panels really make me wonder what else has been done.
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Old Jan 15, 2013 | 10:29 AM
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Originally Posted by Vettebuyer5869
It is true that a real code 900 black car will come with a little premium, but the NOM will negate that for the most part.

And while I agree I'd have to see the car to guess better, I would be comfortable in saying that an NOM coupe will a poor paint job is not remotely a "screaming deal" at $25k.

Also, those incorrect rocker panels really make me wonder what else has been done.

Thanks, this is exactly the type of answer that I was hoping to hear. I just have no sense for the range of these cars.

In vehicle communities where I have lots of experience, I know that I could easily say "That car has to be pretty freaking nice to pay $X for it." or "That is about as cheap as you'll be able to get into one of these"

Also, thanks for pointing out the rocker panels. That's a great point and something I missed.

So I told my friend no. After looking around, I think I would pay $20k for it at most. I'll offer that and we'll see what happens. If he takes it, I'll put up a bunch of pics and hopefully you guys can help me sort it out.

Thanks again!
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Old Jan 15, 2013 | 10:39 AM
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Originally Posted by Fendermb4
...Is $25k a screaming deal? Or is it a "Thats about right"?...
Could be wishful thinking, but looks like a possibly nice car in the pic. Does your friend know the rocker panels have been replaced?

708 black cars for '68.

Why not have your friend join the Forum and ask his/her own questions? Any real reason to do all this through a third party?


Last edited by Easy Mike; Jan 15, 2013 at 10:43 AM.
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