Lets go 80% I do buy parts cars from time to time...
Corvette Value Comparison and Consideration Thread
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Safety Car
Joined: Nov 2003
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From: Corvetteville USA
Corvette Value Comparison and Consideration Thread
Well, by popular demand I decided to start a thread regarding Corvette valuations.
Let's start the discussion on what folks feel would be the difference in value between (lets create a hypothetical) a 1971 LS5 corvette that has the original LS5 motor against the same car that has a NOM in it in the same condition?
My research says it can be easily as high as 50%. Any thoughts?
By the way, any year car corvette be discussed. Not limited to 1971s. Consider this thread open to a healthy and educational debate.
Let's start the discussion on what folks feel would be the difference in value between (lets create a hypothetical) a 1971 LS5 corvette that has the original LS5 motor against the same car that has a NOM in it in the same condition?
My research says it can be easily as high as 50%. Any thoughts?
By the way, any year car corvette be discussed. Not limited to 1971s. Consider this thread open to a healthy and educational debate.
Thread Starter
Safety Car
Joined: Nov 2003
Posts: 4,274
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From: Corvetteville USA
Team Owner
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From: San Clemente California
Team Owner
Joined: Feb 2005
Posts: 35,976
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From: San Clemente California
Thread Starter
Safety Car
Joined: Nov 2003
Posts: 4,274
Likes: 6
From: Corvetteville USA
Although many more of these LS5 motors were made than LT-1 is seemed to me LT-1 motors popped up more often in my search.
As for me, I desired the 454 more than the LT-1. That to me has an affect on value. Desirability.
Okay got you marked for 20% to 30%. Cool beans!
Thread Starter
Safety Car
Joined: Nov 2003
Posts: 4,274
Likes: 6
From: Corvetteville USA
Okay it has been amended!
Okay tough guy.
Take a look at this car. Pay close attention to the tach. 5400 instead of 5600. Look at the rest of the car. What is going on with this car and is this pricing appropriate?
http://www.hemmings.com/classifieds/...e/1615867.html
Me thinks this is a small block car that has a LS5 NOM in it and the hood has been changed to a big block.
Me thinks, way overpriced!!!!!!!
Okay tough guy.
Take a look at this car. Pay close attention to the tach. 5400 instead of 5600. Look at the rest of the car. What is going on with this car and is this pricing appropriate?
http://www.hemmings.com/classifieds/...e/1615867.html
Me thinks this is a small block car that has a LS5 NOM in it and the hood has been changed to a big block.
Me thinks, way overpriced!!!!!!!
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Team Owner
Joined: Feb 2005
Posts: 35,976
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From: San Clemente California
Okay it has been amended!
Okay tough guy.
Take a look at this car. Pay close attention to the tach. 5400 instead of 5600. Look at the rest of the car. What is going on with this car and is this pricing appropriate?
http://www.hemmings.com/classifieds/...e/1615867.html
Me thinks this is a small block car that has a LS5 NOM in it and the hood has been changed to a big block.
Me thinks, way overpriced!!!!!!!
Okay tough guy.
Take a look at this car. Pay close attention to the tach. 5400 instead of 5600. Look at the rest of the car. What is going on with this car and is this pricing appropriate?
http://www.hemmings.com/classifieds/...e/1615867.html
Me thinks this is a small block car that has a LS5 NOM in it and the hood has been changed to a big block.
Me thinks, way overpriced!!!!!!!
Thread Starter
Safety Car
Joined: Nov 2003
Posts: 4,274
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From: Corvetteville USA
Team Owner
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From: Southbound
Cruise-In II Veteran
Thread Starter
Safety Car
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From: Corvetteville USA
Racer
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From: Windham NH
Melting Slicks
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From: Tolland CT
I don't remember the last time I ran across an ad for a 'correct' non-numbers matching Corvette. Could some be miraculous recoveries of the original engine through restamping?
Thread Starter
Safety Car
Joined: Nov 2003
Posts: 4,274
Likes: 6
From: Corvetteville USA
Thread Starter
Safety Car
Joined: Nov 2003
Posts: 4,274
Likes: 6
From: Corvetteville USA
Melting Slicks
Joined: May 2006
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From: Raleigh NC
St. Jude Donor '13-'14
It really would depend on the condition of the car. What would be the difference on price for a 1971 LS5, all else equal:
If you have a NOM top flight, how can you devalue it 20-50% compared to another original motor top flight?
Now, your market may be smaller, but my bet is a person buying a NOM has different goals than someone who wants an original motor.
I will take either, as long as it is a clean car.
- Two pieces of junk
- Two driver quality cars
- Two top flight cars
If you have a NOM top flight, how can you devalue it 20-50% compared to another original motor top flight?
Now, your market may be smaller, but my bet is a person buying a NOM has different goals than someone who wants an original motor.
I will take either, as long as it is a clean car.
Thread Starter
Safety Car
Joined: Nov 2003
Posts: 4,274
Likes: 6
From: Corvetteville USA
It really would depend on the condition of the car. What would be the difference on price for a 1971 LS5, all else equal:
If you have a NOM top flight, how can you devalue it 20-50% compared to another original motor top flight?
Now, your market may be smaller, but my bet is a person buying a NOM has different goals than someone who wants an original motor.
I will take either, as long as it is a clean car.
- Two pieces of junk
- Two driver quality cars
- Two top flight cars
If you have a NOM top flight, how can you devalue it 20-50% compared to another original motor top flight?
Now, your market may be smaller, but my bet is a person buying a NOM has different goals than someone who wants an original motor.
I will take either, as long as it is a clean car.