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1968 roadster value?

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Old Apr 30, 2014 | 04:43 PM
  #1  
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Default 1968 roadster value?

I may be purchasing a car from a family member. I don't want to pay too much or too little. I want to be fair.
Opinions wanted on the value of this car.

The car:

1968 corvette convertible, 65000 original miles
Blue exterior. blue standard vinyl interior am/fm radio
Non original engine,(SB) 4 speed
Power brakes the only option
High red line tach and transistorized ignition
Runs 3k at 60mph so im thinking 411 gears
Frame, windshield frame and doors appear to be rust free.
Same owner since 1973.
Runs, steers , brakes well

The bad:
Original paint with cracking seams, need complete repaint.
Interior also needs complete refurbish
Have no idea what the original engine was, no tank or emission sticker.
Overall rough condition.

I will not post pictures as it is not my car .... yet

I am trying to keep emotion out of this. I grew up with this car, want it and want to be fair.
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Old Apr 30, 2014 | 05:04 PM
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Hi TT,
$10,000-$13,000.
Or, you write your HIGHEST $$ number on a piece of paper. The family member writes their LOWEST $$ number on a piece of paper.
Crinkle each piece up.
Put both pieces of paper in front of the dog.
Which ever one he eats first….. you pay the price on the one that's left.
Regards,
Alan

Last edited by Alan 71; May 1, 2014 at 08:13 AM.
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Old Apr 30, 2014 | 10:47 PM
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Hmmmmmmmm............ In that case.......... I need to go and




KICK MY DOG !!!
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Old Apr 30, 2014 | 11:26 PM
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What I like to do is go to a site and have them evaluate the price for me Since you only provided the model year and make of the car it is really hard to determine the value of the car. In 1968 they had at least 5 different engines in this car and price is always determined on the engine size and HP it produced in this model year. Some are more rare then others. with 28,566 vehicles sold, roadsters outsold coupes almost 2 to 1.

Here is few links that will help you value the car

http://www.hagerty.com/valuationtools/HVT/VehicleSearch

http://www.corvetteactioncenter.com/...968/index.html

http://corvettec3.ca/index.htm
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Old May 1, 2014 | 08:07 AM
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What is your relative asking?
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Old May 1, 2014 | 09:11 AM
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Originally Posted by TurboTodd
Overall rough condition.
Curious: This could mean a great many things.

Is "rough" something that has been under a tarp behind the kids play gym in the back yard for 20 years? Has must and mold and rust on every surface? Has parts of the paint worn to the fiberglass from chafing of said tarp? That type of "rough"?

Or is "rough" sitting in the back corner of a barn with 2 inches of owl poop and old oil cans sitting on it but otherwise untouched and dry?

Or is "rough" parked in a garage for 10 years with a few 2x4s set on top of it?

Or is "rough" dusty and neglected but otherwise happy?
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Old May 1, 2014 | 04:23 PM
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Thanks for all the input.

There is no way to determine what the original engine was. The only thing is a 6.5k redline tach and the original transistorized ignition. It does have a high rise L88 hood that must be aftermarket. I guess it could have been a high performance big block car and that engine replaced with a small block. That was a popular thing to do in the early 70s.

Rough is neglected but happy

Update

It is not going to work out. I was thinking 7-8k. From input here I was willing to be fair and go 10-12. Owner thinks its worth 25k and wont budge.
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Old May 1, 2014 | 04:34 PM
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Originally Posted by TurboTodd
...It is not going to work out....Owner thinks its worth 25k and wont budge...
I tend to agree with you.
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Old May 1, 2014 | 04:43 PM
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From: Austin Tx
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Originally Posted by TurboTodd
Thanks for all the input.

There is no way to determine what the original engine was. The only thing is a 6.5k redline tach and the original transistorized ignition. It does have a high rise L88 hood that must be aftermarket. I guess it could have been a high performance big block car and that engine replaced with a small block. That was a popular thing to do in the early 70s.

Rough is neglected but happy

Update

It is not going to work out. I was thinking 7-8k. From input here I was willing to be fair and go 10-12. Owner thinks its worth 25k and wont budge.
Offer the owner $25k on the condition that he pays the $20k to repaint, rechrome, replace the interior, and replace all the worn bushings.

Then you will be paying a fair price for the car!

The owner probably thinks, paint $1000, chrome couple hundred, interior $500. You should tell him that $25k is out of your league, but if he wants to get top dollar, he should fix those things, maybe if he looks into how much those things actually cost he will be struck by a dose of reality.

$25k is top dollar for a fully restored NOM 68 convertible.

Last edited by Mashman; May 1, 2014 at 04:49 PM.
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Old May 1, 2014 | 11:23 PM
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Default feelings?

Originally Posted by Mashman
Offer the owner $25k on the condition that he pays the $20k to repaint, rechrome, replace the interior, and replace all the worn bushings.

Then you will be paying a fair price for the car!

The owner probably thinks, paint $1000, chrome couple hundred, interior $500. You should tell him that $25k is out of your league, but if he wants to get top dollar, he should fix those things, maybe if he looks into how much those things actually cost he will be struck by a dose of reality.

$25k is top dollar for a fully restored NOM 68 convertible.
DO NOT LET FEELINGS GET IN THE WAY!!!iF YOU WANT A CORVETTE BUY 1,IF NOT FROM A FAMILY MEMBER FROM SOMEONE ELSE.family!!!iTS NOT WORTH IT
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Old May 3, 2014 | 10:01 AM
  #11  
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on this forum in the for sale section there are some 68-72 vettes for sale that will give you a idea what that body style is selling for .he is asking memorys money for the car. no one is going to pay for his memorys unless they also have memorys of the car.tell him that you would love to keep the car in the family,but you can only afford so much .then he will try to sell the car at a high memory price and most likely not sell it .you might get a phone call in a few weeks.i would look at several others that you have no connection to and see whats out there .
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