Some advice on a C3
A 1974 C3 recently showed up on the lot of a local car dealer near me. I have always been fond of the C3's so i stopped to take a look at it today. I have read the 10 steps to buying a corvette in this forum and it was a great help in what to look for. This particular C3 is by no means a show winning car and appears to need some TLC. But I'm not sure if the problems are too many and I should just move on and keep looking. The dealer wasn't much help about the history of the car. From what I can tell the car was repainted sometime in its life and it is starting to peal on the lower rear of the front corner panel on the driver side. The rear taillights have been busted out. The dealer said they were not broken when the car was traded in and must have been vandalized during the night. The frame appeared to be solid. It looks like the undercoating was just starting to flake off and very minute amount of surface rust on those spots. I also stuck my finger in the keyholes of the frame and there was no rust on the inside. I wasn't able to get a good look at the birdcage. The dealer didn't want me taking the kick panel off of the car. Is there any other way to check this? The interior is in decent shape, only some minor cracks on the door panels. The Power windows, A/C, Headlights, and wipers all work. The car started up no problem and ran smooth. No smoke coming from the exhaust. The dealer said the car only has 48k miles. On the test drive i noticed that the tach did not work and the steering wheel had quite a bit of slop (about 1.5- 2") The asking price for the car is $8,995. Is this car worth taking a second look at or should i forget about it and keep looking. What price should a car in this condition actually be? My gut is saying to move on but I would appreciate some advice. Thank you for your input.
Last edited by jdunfee; Jul 17, 2014 at 10:44 PM.
It is missing the rear fuel door emblem. So I would say it has been repainted for sure.
If it looks like the frame is solid and damaged from a front end, and you like it and can get it for less than $8,000, then any money you save you can invest into addressing any issues.
Even though it might have paint issues, it does look like a decent one, and the interior from what you showed, looks decent as well. So if you offered them $7,000 and you printed off some ads of other cars for the same money, you probably could get the price down. Now if the car has had some extensive damages to the front end and kinda of crappy repairs…then I would pass.
and best of luck.
Do you REALLY/REALLY like that year model?
Unless you have a stash of cash, are you mechanically able to do repair work yourself?
Do you have an extra $2,000 to make the car safe and reliable?
Offer the dealer $7,500 for the car and negotiate.
If he accepts......"GO FOR IT!"
My rookie opinion.

I agree with the others here. I own a '74 too and you should know that part of the C3 ownership experience, is spending money on it, quite regularly. After all, even with the supposed low mileage, there's a lot of natural, wear, tear and detoriation, that goes on, with these cars. Hopefully, you're good mechanically with automobiles as well, because it gets really expensive farming it out. They are fun, sexy looking cars, that can be a blast to drive. I'm just making sure you know what you're getting into. Somebody said in a thread today, that it's a labor of love and this is true. You should also check what's available on Craigslist and for sure, if you can drive a stick shift manual trans, try one of those out too. Good luck in your search and keep us posted!

I agree with the others here. I own a '74 too and you should know that part of the C3 ownership experience, is spending money on it, quite regularly. After all, even with the supposed low mileage, there's a lot of natural, wear, tear and detoriation, that goes on, with these cars. Hopefully, you're good mechanically with automobiles as well, because it gets really expensive farming it out. They are fun, sexy looking cars, that can be a blast to drive. I'm just making sure you know what you're getting into. Somebody said in a thread today, that it's a labor of love and this is true. You should also check what's available on Craigslist and for sure, if you can drive a stick shift manual trans, try one of those out too. Good luck in your search and keep us posted!

I saw this formula in another thread: If you buy that car for $7.5K and put another $20K into it, you should be able to sell it for $12K someday.

All kidding aside... be prepared, they are a hobby car or labor of love, whichever way you want look at it.
The advice F22 gave you is excellent... they need constant attention and check out and drive as many as you can before you buy.
Good luck!



I saw this formula in another thread: If you buy that car for $7.5K and put another $20K into it, you should be able to sell it for $12K someday.

All kidding aside... be prepared, they are a hobby car or labor of love, whichever way you want look at it.
The advice F22 gave you is excellent... they need constant attention and check out and drive as many as you can before you buy.
Good luck!

A 74 is 40 years old, that car is need of TLC but in the $9,000 or less price range you won't find much better.
The '74 is the only year that did NOT have an emblem on the fuel door. Car was originally Classic White with a black leather interior, according to the trim plate. I have three '74s and from the photos, it looks pretty original.
It's hard to see the tail lights, but the '74 was the only year to have tail lights that had no screws holding them in. They were attached from the inside, so if you want to buy this car and keep it looking correct, you need to buy 1974 tail lights.
The engine bay looks original and cared for, so I think that the salesman is not trying to sell you a bodgy car. Overall, it looks in good condition for its age. I agree with the others, get some photos of similar cars with lower price tags and see if you can negotiate. Before you do though, find a knowledgeable Corvette person to have a look at the chassis to make sure it's in a roadworthy condition.
Regards from Down Under.

aussiejohn
Most Dealer's will work with you on price of course, so potentially you're looking at $8K. From what I've seen on my "shopping trip" so far, and from what I can tell by looking at in the photos, you're getting a bargain compared to anything around here privately sold

Give it a thorough look-over and go with your gut. Looks good to me from over here!
Good luck!
The Best of Corvette for Corvette Enthusiasts
Doesn't look too bad but I suspect it's had a front clip put on. (evidenced by the pulling away in the door jam)
If I was interested I'd make sure it was put on a lift for a thorough under car inspection. You said the steering seem loose. Make sure to check for cracking around the steering box and lower control arm mounting

Doesn't look too bad but I suspect it's had a front clip put on. (evidenced by the pulling away in the door jam)
If I was interested I'd make sure it was put on a lift for a thorough under car inspection. You said the steering seem loose. Make sure to check for cracking around the steering box and lower control arm mounting
It's literally 4 screws to take the sill plate off, then the kick panel pops right out...he won't let you do that? Shame.
I'd look for some evidence of welding on the frame. If it is a "front clip" car, that'd be a tough sell. If it's whole, running, driving, and otherwise happy, then you're heading in the right direction.
ANY evidence of a prior crash would bother me a bit. I knew my car was in an accident, but was a little dismissive of it. Now I'm replacing my frame. It isn't the end of the world...I got my car for a REALLY good price...but for $9k on a 1974, I'd want to be sure I wasn't buying a headache. Well...any MORE of a headache than these cars NORMALLY represent!!!!
$9k feels a little 'strong', but is in the hunt. If you like the car, I'd see where the conversation heads...
Last edited by keithinspace; Jul 18, 2014 at 11:29 AM.
Thank you all for your input, I really appreciate your help.

Thank you all for your input, I really appreciate your help.
What are we looking at in picture 3?
Tach broken or not, unless there's a paper trail, mileage is a crap shoot. I could be 40K miles, 140K miles, or any mileage whatsoever.
I'm also a rookie, and just purchased a 1969 after a 9 month search, a ton of research, and lots of driving different years. That experience was invaluable. Every car I drove taught me something else. I'd be VERY reluctant to recommend, regardless how nice or not a car, that you buy the first C3 you drive. You won't have any idea of whether this one is worth its salt until you drive at least 5, and better to drive at least 10 - the more the better. I didn't get a sense of "aha - that's how it's supposed to drive" until around #6.
Last edited by harmonyp; Jul 18, 2014 at 07:24 PM.
What are we looking at in picture 3?
Tach broken or not, unless there's a paper trail, mileage is a crap shoot. I could be 40K miles, 140K miles, or any mileage whatsoever.
I'm also a rookie, and just purchased a 1969 after a 9 month search, a ton of research, and lots of driving different years. That experience was invaluable. Every car I drove taught me something else. I'd be VERY reluctant to recommend, regardless how nice or not a car, that you buy the first C3 you drive. You won't have any idea of whether this one is worth its salt until you drive at least 5, and better to drive at least 10 - the more the better. I didn't get a sense of "aha - that's how it's supposed to drive" until around #6.
The brakes felt good the car stopped straight and there was no sign of it trying to pull to one side. The interior looked very good for a 40 year old car. The only signs of wear were on the door panels that were in one of the pictures
The 3rd picture is of the frame. It was the best I could do laying on the ground with my phone.
It does have the L82.
I am planning on taking the car on monday and putting it on a lift so I can get a better look at it and make sure i didn't miss anything.
I have looked at a couple other C3's in the area for sale for the same amount and they don't seem as in nice of shape or as original as this one.
Last edited by jdunfee; Jul 19, 2014 at 04:06 PM.



















