C3 General General C3 Corvette Discussion not covered in Tech
Sponsored by:
Sponsored by:

Conversation about valuations

Thread Tools
 
Search this Thread
 
Old Jun 9, 2014 | 10:45 PM
  #21  
joewill's Avatar
joewill
Safety Car
15 Year Member
Liked
Loved
Community Favorite
 
Joined: Sep 2007
Posts: 4,454
Likes: 328
From: Indy Indiana
Default

so many sellers overprice their car.. can't blame them, they just want to get top dollar.
the fairly priced cars will sell fast, or else they themselves are overpriced also due to rustout or condition issues.

I think you will find that that 74 is either already sold, or rusted out. I may be wrong of course, but one must peruse craigslist daily and be ready to pull the trigger immediately in order to get a good bargain.
Reply
Old Jun 10, 2014 | 12:00 AM
  #22  
F22's Avatar
F22
Le Mans Master
15 Year Member
 
Joined: Oct 2006
Posts: 6,842
Likes: 285
From: Palmdale CA
Default

Originally Posted by blue67ragtop
I think what you will find is that '74-82 cars in the $5-9K range usually have problems. Not to say that if you are patient you can't find a good car. If you move up to $10-12 the cars improve greatly. Those prices would be for a base automatic coupe. A 4 speed (or in the case of a '74 big block) will drive the price up. I see late C-3s on Craigslist all the time priced at $5-9K but most I've looked at have had rust issues, tacky mods, poor maintenance etc.
This is a very true statement and a reflection of my experiences, B67, is spot on. For that price of 10k-12k, it had be better have a nice interior with no tears and if not new, then at least the look of being well-cared for! Same with the rest of the car. Repaint or well taken care of original paint and and a nice engine compartment. That's what I'd expect from a mid to late C3!
Reply
Old Jun 10, 2014 | 11:21 AM
  #23  
Mashman's Avatar
Mashman
Melting Slicks
10 Year Member
 
Joined: Mar 2008
Posts: 2,023
Likes: 6
From: Austin Tx
Default

Originally Posted by F22


The above is true for the rubber bumper cars as well. The four speed cars always bring more dough. This is also because of the rarity as well. Not exact numbers, just memory here, but close enough, that for 1974, 35k Corvettes were built and only 3,700 or about 10-11% were factory four speed cars.
Your memory's pretty good, but I think you are only remembering the M21 close ratio option. The base transmission was the 4 speed wide ratio.

In 1974 there were 37.5K cars built, 25K came with M40 automatic option, 3,500 came with option M21 close ratio manual, the remaining 9K cars came with the base wide ratio manual.

So the actual breakdown is 66% auto, 33% manual, and 1/3rd of the manuals were optional close ratio.
Reply
Old Jun 10, 2014 | 11:55 AM
  #24  
joewill's Avatar
joewill
Safety Car
15 Year Member
Liked
Loved
Community Favorite
 
Joined: Sep 2007
Posts: 4,454
Likes: 328
From: Indy Indiana
Default

what happens often is that a potential buyer will ask for expertise in helping to look at the car and that same expert will point out the many many things that make that car less than perfect and non original. this scares away the buyer. even though if the car was indeed perfect, then it would be priced far higher.

if you expect excellent condition and original cars then you have to pay for them. Its a simple concept.
Reply
Old Jun 10, 2014 | 12:17 PM
  #25  
F22's Avatar
F22
Le Mans Master
15 Year Member
 
Joined: Oct 2006
Posts: 6,842
Likes: 285
From: Palmdale CA
Default

Originally Posted by Mashman
Your memory's pretty good, but I think you are only remembering the M21 close ratio option. The base transmission was the 4 speed wide ratio.

In 1974 there were 37.5K cars built, 25K came with M40 automatic option, 3,500 came with option M21 close ratio manual, the remaining 9K cars came with the base wide ratio manual.

So the actual breakdown is 66% auto, 33% manual, and 1/3rd of the manuals were optional close ratio.


Thanks!
Reply
Old Jun 10, 2014 | 05:09 PM
  #26  
sahhas's Avatar
sahhas
Pro
10 Year Member
Liked
Loved
Community Favorite
 
Joined: Jun 2014
Posts: 718
Likes: 43
Default

i am new to all this also, been looking, not sure what i want, other than i like the 70s corvettes.
i know that in my search, i don't see too many 4 speeds.

good luck
Reply
Old Jun 10, 2014 | 09:40 PM
  #27  
Sunstroked's Avatar
Sunstroked
Melting Slicks
15 Year Member
Liked
 
Joined: Jun 2006
Posts: 2,071
Likes: 147
From: S Nevada
Default

Originally Posted by hopeuntilwecant
dont mean to derail ops thread, but am new to these cars as well, and as wondering if theres any ballpark idea of how much we should be looking to put into one to get it ready to drive regularly in the summer and be presentable aka not a show car but still turning some heads. (74-82) if we're getting it in the 7-9k range (assuming good body/frame/birdcage)? I know this varies car to car so its probably a difficult question to ball park, but am curious, and definitely don't want to get fleeced on my first vette.
Well, let's put it like this. The more work you can do yourself, the better the deal on a car that needs a little work. What I mean is, a buddy of mine bought a 76 for 6k. It needed some work, but he is a competent mechanic. The car was a solid AZ car. It took a bit of money to make the interior better, fix the AC, put a set of side pipes on it and buff it up. I believe he spent a couple grand. So he had a nice looking non original color 76 that ran pretty good and looked cool.
On the other hand, I'm 3 yrs into a body off restoration on my 72. It is now awaiting an opening at the paint shop for its final paint. I've done all the work. Every nut and bolt was off the frame, I've torn every part apart, rebuilt, re sealed and re installed. I've done all the body repairs, 4 months alone, block sanding for the past few months. When it comes back from paint, I'll wrap up the interior. I'm into it for roughly 20k, including original purchase price. I'll need 3k to finish it up. That's shopping sales pricing, doing all installations myself and utilizing as many original parts that I can. So, it depends on what you want the finished car to look like. If you buy a very nice car with very little work needed for say, 10k, you've done very well.
Reply
Old Jun 11, 2014 | 12:36 AM
  #28  
hopeuntilwecant's Avatar
hopeuntilwecant
Heel & Toe
 
Joined: Jun 2014
Posts: 20
Likes: 0
Default

yeah I'm far from a mechanic so any work id be getting done would be paying for parts+work. That in mind am I right to assume I should try my best to buy one thats turn key and go?
Reply
Corvette Stories

The Best of Corvette for Corvette Enthusiasts

story-0

8 Coolest Corvette Pace Cars (and Replicas) of All Time

 Verdad Gallardo
story-1

Top 10 Corvette Engines RANKED by Peak Torque (70+ Years of Muscle!)

 Joe Kucinski
story-2

Corvette ZR1X Will Be Pacing the Indy 500, And Could Probably Race, Too!

 Verdad Gallardo
story-3

Top 10 Corvettes Coming to Mecum Indy 2026!

 Brett Foote
story-4

Top 10 C9 Corvette MUST-HAVES to Fix These C8 Generation Flaws!

 Michael S. Palmer
story-5

10 Revolutionary 'Corvette Firsts' Most People Don't Know

 Joe Kucinski
story-6

5 Reasons to Upgrade to an LS6-Powered Corvette; 5 Reasons to Stay LT2

 Michael S. Palmer
story-7

2027 Corvette vs The World: Every C8 vs Its Closest Competitor

 Joe Kucinski
story-8

10 Most Common Corvette Problems of the Last 20 Years!

 Joe Kucinski
story-9

5 MOST and 5 LEAST Popular Corvette Model Years in History!

 Joe Kucinski
Old Jun 11, 2014 | 01:43 AM
  #29  
vettebuyer6369's Avatar
vettebuyer6369
Administrator
25 Year Member
Community Builder
Loved
Community Favorite
 
Joined: Jul 2000
Posts: 53,972
Likes: 6,196
From: About 1100 miles from where I call home.
Default

Originally Posted by hopeuntilwecant
yeah I'm far from a mechanic so any work id be getting done would be paying for parts+work. That in mind am I right to assume I should try my best to buy one thats turn key and go?
The best advice I ever received about buying classic cars is "buy as much car as you can afford." You often pay less for more that way.
Reply




All times are GMT -4. The time now is 02:07 PM.

story-0
8 Coolest Corvette Pace Cars (and Replicas) of All Time

Slideshow: Some Corvette pace cars became collectible legends, while others perfectly captured the look and attitude of their era.

By Verdad Gallardo | 2026-05-11 09:50:51


VIEW MORE
story-1
Top 10 Corvette Engines RANKED by Peak Torque (70+ Years of Muscle!)

Slideshow: Ranking the top 10 Corvette engines by torque output.

By Joe Kucinski | 2026-05-05 11:58:09


VIEW MORE
story-2
Corvette ZR1X Will Be Pacing the Indy 500, And Could Probably Race, Too!

Slideshow: A Corvette pace car nearly matching IndyCar speeds sounds exaggerated, until you look at the numbers.

By Verdad Gallardo | 2026-05-04 20:03:36


VIEW MORE
story-3
Top 10 Corvettes Coming to Mecum Indy 2026!

Among a rather large group of them.

By Brett Foote | 2026-05-04 13:56:44


VIEW MORE
story-4
Top 10 C9 Corvette MUST-HAVES to Fix These C8 Generation Flaws!

Slideshow: the top 10 things Corvette owners want in the C9 Corvette

By Michael S. Palmer | 2026-04-30 12:41:15


VIEW MORE
story-5
10 Revolutionary 'Corvette Firsts' Most People Don't Know

Slideshow: 10 Important Corvette 'firsts' that every fan should know.

By Joe Kucinski | 2026-04-29 17:02:16


VIEW MORE
story-6
5 Reasons to Upgrade to an LS6-Powered Corvette; 5 Reasons to Stay LT2

Slideshow: Should you buy a 2020-2026 Corvette or wait for 2027?

By Michael S. Palmer | 2026-04-22 10:08:58


VIEW MORE
story-7
2027 Corvette vs The World: Every C8 vs Its Closest Competitor

Slideshow: 2027 Corvette lineup vs the world.

By Joe Kucinski | 2026-04-24 16:12:42


VIEW MORE
story-8
10 Most Common Corvette Problems of the Last 20 Years!

Slideshow: 10 major Corvette problems from the last 20 years.

By Joe Kucinski | 2026-04-14 16:37:05


VIEW MORE
story-9
5 MOST and 5 LEAST Popular Corvette Model Years in History!

Slideshow: 5 most and least popular Corvette model years.

By Joe Kucinski | 2026-04-08 13:25:01


VIEW MORE