1970 worth?
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Le Mans Master
Joined: Sep 2013
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From: Wisconsin
1970 worth?
A friend of mine has a brother with a survivor 1970 orange T-top. He bought it new, drove it a few years then put it in a shed. It has 12,000 miles on it and has not been driven on the road since the early 70s. He starts it up once or twice a year and drives it around the yard. I haven't seen it for decades, but he says it looks pretty good. He thinks it is worth a fortune, but I am not so sure. It is just the base 350, nothing all that collectible and I would guess the motor would need to be rebuilt and all the rubber replaced.
Anyone have an idea what he should ask for it? I am thinking 15K to 20K. He is thinking a lot more.
Anyone have an idea what he should ask for it? I am thinking 15K to 20K. He is thinking a lot more.
Last edited by JR-01; Nov 8, 2013 at 01:40 PM.
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Melting Slicks
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From: Raleigh NC
St. Jude Donor '13-'14
I don't think you'll be able to convince a corvette owner that the car he bought brand new, babies it, and still owns to this day is not priceless.
Is he trying to sell it?
Is he trying to sell it?
Thread Starter
Le Mans Master
Joined: Sep 2013
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From: Wisconsin
Thread Starter
Le Mans Master
Joined: Sep 2013
Posts: 8,900
Likes: 1,074
From: Wisconsin
Yes, He is thinking of selling it, but he really didn't baby it. It was stored in an unheated shed and he didn't do much preventive maintainence or use proper storage methods. He just never drove it again, probably because he got so big, he had a hard time getting into it. It probably has the same fluids from the 70s in it.
Last edited by JR-01; Nov 8, 2013 at 12:22 PM.
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Does he have all the original paperwork? Is the original motor still in it? Is the paint falling off? Is the frame rotted? Did mice eat the interior and wiring?
"He says it looks pretty good" is not helpful.
Without pictures and a ton more info, it could be between $3000 and whatever.
Just for fun, what number is he thinking?
"He says it looks pretty good" is not helpful.
Without pictures and a ton more info, it could be between $3000 and whatever.
Just for fun, what number is he thinking?
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Thread Starter
Le Mans Master
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From: Wisconsin
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Thread Starter
Le Mans Master
Joined: Sep 2013
Posts: 8,900
Likes: 1,074
From: Wisconsin
Does he have all the original paperwork? Is the original motor still in it? Is the paint falling off? Is the frame rotted? Did mice eat the interior and wiring?
"He says it looks pretty good" is not helpful.
Without pictures and a ton more info, it could be between $3000 and whatever.
Just for fun, what number is he thinking?
"He says it looks pretty good" is not helpful.
Without pictures and a ton more info, it could be between $3000 and whatever.
Just for fun, what number is he thinking?
Team Owner
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From: Royal Oak Michigan
Location might help in this case too. Being in a dry Texas barn vs. a humid Florida barn would have a big impact on how it aged. Really the only way to truly estimate a value is a ton more info and pics.
Melting Slicks
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From: Palatine, Peoples Republic of Illinois
St. Jude Donor '09-'10-'11-12-'13-'14-'15-'16-'17-‘18
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Since the car's been stored in an unheated garage and not tended to for 5 -10 years, you have to treat it like any other old vette: inspect the frame and birdcage for rust, check the entire drive train for god knows what. All soft items (weather strips, seat foam, dash pads, etc) could be pretty crispy especially if exposed to heat in the summer (you don't say where you are). Without close inspection by someone who knows what to look for it's a crap shoot.
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Le Mans Master
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From: Wisconsin
It's in Wisconsin, stored in a dry shed on a concrete floor, I do believe. He is in his 70s and not really a car guy. I believe the only reason he thinks it's worth a fortune is because of the low miles. I seriously doubt if he has changed any of the fluids since he put it away.
If he really does decide to sell it, I will post his ad.
If he really does decide to sell it, I will post his ad.
Melting Slicks
Joined: Jun 2005
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From: Palatine, Peoples Republic of Illinois
St. Jude Donor '09-'10-'11-12-'13-'14-'15-'16-'17-‘18
NCM Sinkhole Donor
Concrete floors are not dry. They wick moisture and sweat. Not much better than dirt over the long term.
Thread Starter
Le Mans Master
Joined: Sep 2013
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From: Wisconsin
