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1968 427/390 value? Please help

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Old Apr 12, 2013 | 10:29 AM
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Default 1968 427/390 value? Please help

My parents have a 1968 convertible 427/390 automatic with hard top and soft. the car has been in our family Since 1979. The brakes were repaired three years ago but has not been messed with at all and is all stock and original to our knowledge. Has 74000 original miles. My parents would like to sell it as it just sits in garage and is never drove. We are looking for a ball park value. Vin# 194678S407948 Car is white with blue interior. We would also be willing to have car professionally restored prior to selling if it would bring a higher return, but would prefer to move it as is. Please call me if you have any other questions. Car is in wyoming 701-580-0675
Scotty
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Old Apr 12, 2013 | 01:11 PM
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Have the car appraised as is. Leave the restoration to the next owner.

Good luck.

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Old Apr 12, 2013 | 01:23 PM
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Given the brief description and lack of pictures, anywhere between $2K scrap value and $40K survivor value.
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Old Apr 12, 2013 | 01:41 PM
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We would also be willing to have car professionally restored prior to selling if it would bring a higher return
Very unlikely that you would get your money back from a restoration, especially paying someone else to do it. Some basic (not too aggressive) cleaning might help, but OTOH sometimes it seems that if you throw a few shovelfuls of dirt on the car it will increase its collector value as a "hidden barn find"

Some pictures would help!
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Old Apr 12, 2013 | 02:06 PM
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Originally Posted by Wyoscotty82
We would also be willing to have car professionally restored prior to selling if it would bring a higher return, but would prefer to move it as is.
You would lose money if you paid for a restoration. Go over the car and clean it up, detail it, and take lots of pictures and post them. List everything that you know is original from the factory....paint, interior, soft top, etc.

I would love to see pictures of the car. If we had children, I would expect to see a thread like this for my '71 LS5 that sits in the garage.
For a reference, look at 'My Corvette Photos' for an example of an old persons original BB Convertible that isn't driven.

Good luck.

Last edited by 71 Green 454; Apr 12, 2013 at 04:42 PM.
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Old Apr 12, 2013 | 02:10 PM
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I would wager that you'd get more takers with a lower cost survivor than a higher cost restoration.

Point being:

If the car is nearly perfect, you vacuum it, wax it, and give someone a great deal at $28k with minimal dollars spent, you've cleared $28k.

If you go through an expensive restoration and spend $40k, you'd HAVE to clear $68k with the sale to even break even.

The two problems is that you can burn $40k on a "restoration" without any trouble at all, especially if you're having someone do the work. And second, you have a much more 'rarified' and picky purchaser at $68k than $28k.

There are way too many things that could impact the price than could be listed, but pictures would be a good start.
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Old Apr 12, 2013 | 03:13 PM
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hard to say without more data-

restoration is out you would loose money


have it appraised and try and sell it off that value

good luck


post some pictures to try and get a better idea

my collector car guide says around 25-28K if it is all operable with decent paint
maybe a little more to the right person

post a picture
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Old Apr 12, 2013 | 05:43 PM
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I have some pics could I email to someone that could post them up for me? Wyoscotty82@gmail.com
Thanks
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Old Apr 13, 2013 | 09:12 AM
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How should we go about getting a appraisal on this car. Thanks in advance
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Old Apr 13, 2013 | 09:46 AM
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Originally Posted by Wyoscotty82
...How should we go about getting a appraisal on this car...
Check local listings in your area for appraisers.
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Old Apr 14, 2013 | 01:47 PM
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Thanks for your help did google search and found Steve Linder who is going to do apraisal for us. Thanks again
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Old Apr 14, 2013 | 05:38 PM
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Originally Posted by 71 Green 454
my '71 LS5 that sits in the garage.
For a reference, look at 'My Corvette Photos' for an example of an old persons original BB Convertible that isn't driven.

Good luck.
Very nice
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