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There is a guy in my area that owns a 1969 Corvette Stingray with a 427. It has been sitting in his driveway for 20 years with what use to be a blue tarp is now disintegrated to almost nothing over it. After driving by it for so many years I have decided to approach the owner and see if he would be interested in maybe selling it. My problem is I have no idea what it would be worth in the condition it’s in. the car has not ran if 20 years, the tires are completely flat so the car won’t even roll, there is barely enough paint to determine what color it was and I have no idea which 427 it is. Whether it’s an L36, L68 or an L71 would anyone know what a fair value would be for this corvette? Any input would be greatly appreciated.
For all you know its a 454 out of a truck. Theres no way of making a reasonable guess for the tiny amount of info you have provided.
The condition of the tires isnt important. The condition of the frame and the body is. And the interior. And the engine compartment. We dont even know if its a coupe or convertible, let alone what the rust level is.
For all you know its a 454 out of a truck. Theres no way of making a reasonable guess for the tiny amount of info you have provided.
The condition of the tires isnt important. The condition of the frame and the body is. And the interior. And the engine compartment. We dont even know if its a coupe or convertible, let alone what the rust level is.
Could be a small block car with a big block hood. Talk to the owner. If he/she has no interest in selling the car, you won't have to guess what it might be worth.
Brian, if you would seriously consider the car and are not very familiar with these big blocks, check with your local NCRS chapter and see if someone could check it out with/for you. People can guess all they want here on the internet, even when you provide a few photos, but taking someone knowledgeable with you will be able to provide you a much more complete summary of the car.
Thanks for all your input. I apologize for the lack of information I had to give you since I have not yet talked to the owner and have a chance to look over the car but I appreciate the suggestions you have given me. I was just curious as to what a non-running 427 Stingray would be worth. I will let you all know when I do talk to the owner and if he even lets me look at the car. If he does I will give you much more information and lots of pics.
I have a feeling the owner is just going to give you a horse whipping...you know; he enjoys your interest in his relic (which he will be restoring some day) and also enjoys knowing he's going to disappoint you.
There is a guy in my area that owns a 1969 Corvette Stingray with a 427. It has been sitting in his driveway for 20 years with what use to be a blue tarp is now disintegrated to almost nothing over it. After driving by it for so many years I have decided to approach the owner and see if he would be interested in maybe selling it. My problem is I have no idea what it would be worth in the condition it’s in. the car has not ran if 20 years, the tires are completely flat so the car won’t even roll, there is barely enough paint to determine what color it was and I have no idea which 427 it is. Whether it’s an L36, L68 or an L71 would anyone know what a fair value would be for this corvette? Any input would be greatly appreciated.
Brian
That's almost the exact same discription on how I found my big block '70. It had been sitting in a driveway for year's with flat tire's, a dead paint job and a ratted out interior. I approached the owner and I got him to talk about the car without revealing my intention of buying. He then he surprised me. Out of no where he threw me a price that I couldn't refuse. It shocked him back when I came back shortly with the cash.
I'm sure he had been confronted before about the Corvette since it wasn't hidden, but on a main street in the neighborhood.
It's all about timing and having the $$$$. Be ready to buy. Seriously... good luck. It may be your time.
Thanks for all your input. I apologize for the lack of information I had to give you since I have not yet talked to the owner and have a chance to look over the car but I appreciate the suggestions you have given me. I was just curious as to what a non-running 427 Stingray would be worth. I will let you all know when I do talk to the owner and if he even lets me look at the car. If he does I will give you much more information and lots of pics.
Brian
It could be anywhere from $3,000 to $700,000. But probably closer to the lower figure.
Condition is everything on this one, and I'm guessing that sitting so long in the elements is going to have taken a toll on its metal understructure. If you have to repair a rotted frame and birdcage, and are able to do the work yourself, and have the time and desire to do it, it might be worth getting in at $3k.
Or it might beat all odds, and be a long-lost L-88 that needs nothing more than a wax-job and blowing out some cobwebs to be a #1 car. That's less likely.
It's at least worth pulling back the cover and airing up the tires so you can get pictures from underneath. Don't bother with pictures from further than 2-3' away; everything looks good in pictures.
I found a green on black '69 convertible 427 4spd. Been parked in an unheated garage for 20 years. Tires are flat, engine may or may not be stuck. Interior is not trashed but needs re-newing, needs new carpet etc... Frame looks good, not freshly painted. Frame appears aged (surface rust) but solid. Vinyl top looks good but hasn't been moved folded or in wind for 20-years. Bumpers have some surface rust which may or may not polish off? Engine was originally tri-power but has a single 4 barrel now. Original tri-power set up is not with car. Original side pipe car but they to have been removed. Body looks straight without cracks, Paint OK but its a Vette so I would re paint it. I see car as a good body off restoration project. Maybe would tear down engine without even trying to turn it? Only had a quick look and I'm unable to say if it has Power windows, A/C, power breaks etc.. I know it has standard steering. What would something like this be worth?
For all you know its a 454 out of a truck. Theres no way of making a reasonable guess for the tiny amount of info you have provided.
The condition of the tires isnt important. The condition of the frame and the body is. And the interior. And the engine compartment. We dont even know if its a coupe or convertible, let alone what the rust level is.
Need pictures and a ton more detail.
Or a bb hood on a sb car...no one would do that...
I couldnt resist...
Originally Posted by gerry72
I have a feeling the owner is just going to give you a horse whipping...you know; he enjoys your interest in his relic (which he will be restoring some day) and also enjoys knowing he's going to disappoint you.
It seems 99.9% of those types live in some fantasy world where this pile of rust and mess is worth a zillion dollars and they are the only vette expert in this little world they have created....
Originally Posted by Easy Mike
Speculating what the car might be worth means nothing if the car is not for sale.
....right, which chances are its not, if it were it would have a "for sale" sign so when you hit him up about it ( you are not the first to do it ) he will go into his song and dance ...see what "gerry" said....
Seems there could be a sticky here for starry eyed cats that come hunting the value of that vette that is setting out ruining for decades, that they think if they score it cheap it will be a huge jack pot win.
sure it "could" be a long lost L-88 or why not even a ZL-1 but in the 99% of the times it's a money pit looking for a victim, even some 69 427 tri power 4 speed convertible is cheaper to buy restored today than to buy a mess and restore it ( and I do not mean ncrs specs just to fix the rust and worn out parts will drain your saving...you will have way more into it....
If you can get it cheap to part out that might work if enough parts are worth selling....
Last edited by The13Bats; Apr 8, 2016 at 08:15 PM.
I found a green on black '69 convertible 427 4spd. Been parked in an unheated garage for 20 years. Tires are flat, engine may or may not be stuck. Interior is not trashed but needs re-newing, needs new carpet etc... Frame looks good, not freshly painted. Frame appears aged (surface rust) but solid. Vinyl top looks good but hasn't been moved folded or in wind for 20-years. Bumpers have some surface rust which may or may not polish off? Engine was originally tri-power but has a single 4 barrel now. Original tri-power set up is not with car. Original side pipe car but they to have been removed. Body looks straight without cracks, Paint OK but its a Vette so I would re paint it. I see car as a good body off restoration project. Maybe would tear down engine without even trying to turn it? Only had a quick look and I'm unable to say if it has Power windows, A/C, power breaks etc.. I know it has standard steering. What would something like this be worth?
435hp cars seem to sell around $60k-$80k in completely-restored condition, give or take $20k depending on location and the situation of the buyer and seller at the time of sale.
A restoration of your project, presuming to frame or birdcage rust, to the condition that would generate that kind of sale price, would cost between $35k-$150k+, depending how much work you did vs. how much you paid a shop to do, and what level of authenticity you are aiming at.
These, of course, are just all guesses, but the Hagerty valuation tool gives a good track of what these *have* sold for:
Hagerty is on the hook for the agreed upon value. I'd think they have done their research, what the replacement cost really is. Interestingly, they make no mention of how to discount for cars which are a NOM. I dropped a note asking about this out of curiosity. Got a response I hadn't expected.
IMO their charts provide a rough guide for pricing, if the buyer/owner are realistic on what class the car falls into, dependent on condition, it's probably accurate.
According to console it's a 400hp, 460 ft-lbs car. Owner said non original color. Has power windows. I will have to take another look to see body plate. Didn't get bonnet open. It's in a very small garage. Anywhere I can input VIN to get options printout? Anywhere to download owners manual?