BuffaloBILL

Hello
I recently sold my 66 Coupe and found a 1970 all original Corvette Vert

Car has sat in garrage since the early 80's needs full restoration but all numbers are matching what would be a reasonible price to pay ??


Any advice would be greatly appreciated

Thanks
Bill

Ron C!

What engine and trans? Rusty? Colors? Options? All will have a part in determining value.

GREGG-73

Hi B...B...

You would get the advice you seek if you posted this thread in the C3 Gen section.




Stay in tune....

BuffaloBILL

My bad thought I did
Thanks

BuffaloBILL

OK
Red Exterior and interior with a 350 /350hp 4 speed dont know anything other then engine needs rebuilt as well as interior not top frame there have not seen condition of the frame just want a ball park so I can make a fair offer

Not my 1st rodeo as far as knowledge of how costly a ground up restoration can cost but would like to start at a fair base

I would think an offer of 15k-20k tops?

Thanks
Bill

Easy Mike

Do you consider an offer of $20K to be reasonable for a car which has been sitting thirty years?

BuffaloBILL

Not sure what your implying, please clarify

vettebuyer6369

I haven't heard enough information to guess at an offer. I'm not even sure what a "fair offer" means. Fair for whom? I always say, I can't buy AND sell the car. How much does he want?

Assuming you have verified the numbers, the dollars could vary wildly depending on frame and rust condition, and evidence of prior body repair.

The fact is, you said it needs a full restoration. If that's truly the case, you could potentially exceed the value of the car in restoration costs alone. This is affected by a close examination of the car's particulars.

If I was thinking offers. It would be lower than 15, pending more information.

Easy Mike

I am not implying anything. I asked a question. You asked for a "reasonable offer" then said possibly $20K. If you feel $20K is a reasonable amount to offer for this car, make your offer.

Revfan

If you ask me... $20 is too much for a project.

Here is what folks are asking nationally for a 70 Vette
http://www.searchtempest.com/results...sk=&subcat=cta

garyguinn

Bill,
I have purchased 3 bumper car convertibles this month
70 conv non matching, 350 4spd, soft top only, runs, needs paint and interior....8500. no tank sticker/pop
69 conv non matching 350 4spd, soft top only, nice driver, black paint,
black interior. 11,500..no tank sticker/pop
68 conv 327/350 matching both tops, runs, but needs restormation 9200.00 no tank sticker/pop
hope this helps.
market is soft...
If you don't like the car, I would appreciate an opportunity to be #2 in line.
thanks
Gary
918-704-0277

Alan 71

Hi Bill,
A 70 350/350 convertible is a very desirable car. BUT remember, it's a 70, not a mid-year. Also, it's not a bb or LT-!.
Since you know about restorations I think you need to figure out the cost of what you're going to need to spend on the car to bring it to the level you want it to be; make a guess at what you'd be able to sell it for, and then subtract the $$$ spent (and your time spent, for free?). What's left is what you can sensibly pay for this car.
I truly believe that very few well restored typical, (not rare), 68-72 cars make anyone ANY money, and RARELY are sold for the money in them.
I would think $10,000 (?) if the car is rust free and the VAST majority of original parts are still there and restorable. As you know buying part # and date code parts gets very EXPENSIVE very quickly.
Good Luck!
Regards,
Alan

Mike Ward

Bill,

I think you've been influenced by midyear prices. Many ready to roll '70 Corvettes aren't worth that kind of money. Full restoration will cost the same as doing one on a mid year however.

joewill

you stated 'all original' do you know what this means? depending on if it is 'all original' and what your definition is, the value would be wildly different. have you verified all the numbers, or just looked at the stamp pad?

if it is truly 'all original' then I would add 50-75% to what these guys are telling you what the car is worth.

nelson007

Alan,
Your right on. I just bought a 70 vert. 350/350 with a body off restore for $ 16 k.

Nelson 007

LT-1 kid

boy, that owner must of been really desperate.

brent319

If you have 20k to spend I would find a lot better car then that one. I am not being a smart ****, just sayin you can get decent driver for that kind of money. Or a project for way less.
Also.. If it is numbers matching, is that important to you? If not then you can definitely find more car for a lot less.
Good luck.

deejaydu

Hello Bill,

Congrats on selling your 66. There is a red/red 70 4 speed convertible that runs and drives in Baytown. The owner is asking 25 however he is very motivated to sell. It is on Houston's Craigslist. It is probably a better car than you are decsribing. His name is Luke so give him a call. You could drive the car home.

Good Luck
Jay

BuffaloBILL

Good Morning Jay
Thanks for the tip. Just purchased it. Luke is a great guy Drove over there yesterday after work in the rain(did not want to miss out) Picked it up for 16K

I would like to thank Everyone on the forum
Bill

deejaydu

Hello Bill,

Is Lukes car the one that you were describing? Iwould have bought it last week if it had A/C. That was a very good buy for a real red/red 70 4 speed convertible.

Drive it over when you get a chance.

Congrats again
Jay