427 restore car
Thread Starter
Melting Slicks
Joined: Oct 2007
Posts: 2,310
Likes: 9
From: KB7TIF Ville NV
427 restore car
Local 435Hp tripower restore, Thoughts please.
Not your typical restore
http://lasvegas.craigslist.org/cto/4359101086.html
Not your typical restore
http://lasvegas.craigslist.org/cto/4359101086.html
Racer
Joined: Sep 2013
Posts: 417
Likes: 11
From: Brigham City Utah
I would want a ton of pictures for $24,000.00. From the pic's posted it looks like you are buying a motor and who knows what else.
It this point unless a 427 Tri Power is a very rare car I would be thinking in the $5000-6000 range in the known condition.
Save yourself an easy $20,000 plus and get a turn key ready to drive.
http://forums.corvetteforum.com/c3s-...posi-rear.html
Just my thinking.
Karsten
It this point unless a 427 Tri Power is a very rare car I would be thinking in the $5000-6000 range in the known condition.
Save yourself an easy $20,000 plus and get a turn key ready to drive.
http://forums.corvetteforum.com/c3s-...posi-rear.html
Just my thinking.
Karsten
Last edited by Karsten; Mar 26, 2014 at 08:33 PM.
Thread Starter
Melting Slicks
Joined: Oct 2007
Posts: 2,310
Likes: 9
From: KB7TIF Ville NV
I would want a ton of pictures for $24,000.00. From the pic's posted it looks like you are buying a motor and who knows what else.
It this point unless a 427 Tri Power is a very rare car I would be thinking in the $5000-6000 range in the known condition.
Save yourself an easy $20,000 plus and get a turn key ready to drive.
http://forums.corvetteforum.com/c3s-...posi-rear.html
Just my thinking.
Karsten
It this point unless a 427 Tri Power is a very rare car I would be thinking in the $5000-6000 range in the known condition.
Save yourself an easy $20,000 plus and get a turn key ready to drive.
http://forums.corvetteforum.com/c3s-...posi-rear.html
Just my thinking.
Karsten
Last edited by illenema; Mar 26, 2014 at 10:50 PM.
Thread Starter
Melting Slicks
Joined: Oct 2007
Posts: 2,310
Likes: 9
From: KB7TIF Ville NV
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Racer
Joined: May 2008
Posts: 261
Likes: 7
Unless they were just flukes--which is possible--a few very nice claimed original 435HP tripower "driver" convertibles closed out in the low 30s last year in much better shape.
Going out on a limb, very high teens would probably be fair if it runs and drives, the frame is OK, and everything generally, sort of works. The motor, as has been observed, is worth quite a good chunk of change on its own. There is probably still a good $15k to $20k in parts value in that car. Never hurts to make an offer lower than the ask... It takes a lot of time and effort to part a car.
Of course, if it is the real deal, and you want a project, there probably aren't that many real deal projects like this left out there... Just don't get any illusions that this could be a moneymaker. Quite the opposite.
Going out on a limb, very high teens would probably be fair if it runs and drives, the frame is OK, and everything generally, sort of works. The motor, as has been observed, is worth quite a good chunk of change on its own. There is probably still a good $15k to $20k in parts value in that car. Never hurts to make an offer lower than the ask... It takes a lot of time and effort to part a car.
Of course, if it is the real deal, and you want a project, there probably aren't that many real deal projects like this left out there... Just don't get any illusions that this could be a moneymaker. Quite the opposite.
Melting Slicks
Joined: Mar 2008
Posts: 2,666
Likes: 289
From: Spring Park MN
Awful rough, and a lot missing in just those few poor photos. No mention of matching numbers.
After you buy it and restore it, you'll have 70 to 80 thousand in it. I'd be willing to bet it doesn't have any provenance with it. I that case you'd be way better off finding one already done with a paper trail for less money.
After you buy it and restore it, you'll have 70 to 80 thousand in it. I'd be willing to bet it doesn't have any provenance with it. I that case you'd be way better off finding one already done with a paper trail for less money.
Melting Slicks
Joined: Jun 2006
Posts: 2,071
Likes: 147
From: S Nevada
I think he's fishing at that price. I really am not seeing a whole lot that doesn't need replacing. I agree that a 427 tri power convertible would be a nice car to have.
Illenema, you say you took a look at it? Did it look like a Desert car? No real rot?
Illenema, you say you took a look at it? Did it look like a Desert car? No real rot?
Racer
Joined: Sep 2013
Posts: 417
Likes: 11
From: Brigham City Utah
Make him an offer of $5000-6000 and see what happens......He can sell if in pieces for $50.00-100.00 here and there someone has to remove the part, pack the part and then ship it. Time is money and that is "IF" he has the time, tools and skills.......Then after he has sold off a few pieces he has even less of a chance to sell the complete Hulk.
Make him an offer....worst thing can happen is he say F Off or comes up with a prices....Take cash ( in a couple envelopes) and a couple friends and have a transport ready just in case.
Karsten
Make him an offer....worst thing can happen is he say F Off or comes up with a prices....Take cash ( in a couple envelopes) and a couple friends and have a transport ready just in case.
Karsten
Instructor
Joined: Mar 2011
Posts: 127
Likes: 2
Say's he has the build sheet and it is an original L71 car but has a replacement block. Supposedly installed by dealer in Reno Nv where the car was originally sold. Replacement block is out of the car and it currently has a 454 block. Per trim tag, riverside gold with black vinyl interior. Looks like a real mess. He seems very proud of it given his position on price. Not sure if it's worth the drive to go look at it. What's the value hit with a replacement block?
Team Owner
Joined: Jan 2006
Posts: 37,637
Likes: 3,118
From: Crossville TN
If the engine and tri-power set-up are not original to the car nor the tri-power all matching components, take a pass. A tri-power set is not worth close to $3K unless it has all the bits & pieces and they are correct P/N's and date codes appropriate. And there are many incorrect pieces on that tri-power...plus, no knowledge of carb P/N's and date codes.
Last edited by 7T1vette; Mar 28, 2014 at 05:56 PM.
Pro
Joined: Feb 2014
Posts: 692
Likes: 2
From: Seguin TX
The matching numbers and replacement engine raise a huge RED FLAG. It is not hard to find a CE long block to drop in one ad try to get top dollar for it. The biggest issue with any car this old is the true history. Buy it cheap or find one ready to go...this is a waste of money and needs way to much work.
Racer
Joined: May 2008
Posts: 261
Likes: 7
Say's he has the build sheet and it is an original L71 car but has a replacement block. Supposedly installed by dealer in Reno Nv where the car was originally sold. Replacement block is out of the car and it currently has a 454 block. Per trim tag, riverside gold with black vinyl interior. Looks like a real mess. He seems very proud of it given his position on price. Not sure if it's worth the drive to go look at it. What's the value hit with a replacement block?
I disagree that the tripower still isn't worth around $3000--it is. The manifold is not reproduced and even if nothing matches, the setup is still ridiculously expensive. But that's about it for added value, unless its a CE block worth something to the right forger...
Caveat: Some of the value might depend on the replacement block and the documentation to prove the dealer replacement. But still, value and marketability take huge hits.