Detroit Steel

Is it me, or is that the older some of these Corvettes become, the more they seem to get out of reach?

I mean, isn't the Corvette supposed to be a more affordable piece of the American dream?

Sure, I know there’s a huge price that comes with any prized classic piece of sheet metal (or fiberglass) over time, but it still gets a little frustrating for those of us who will probably never, ever be able to afford some of the more collectible models.

Read the rest on the Corvette Forum homepage. >>

Easy Mike

I'll pass. I'd rather have two $340,000 cars.

vettebuyer6369

I'd rather own one that looks like it and keep the $640,000 change.

F22

"Is it me, or is that the older some of these Corvettes become, the more they seem to get out of reach?

I mean, isn't the Corvette supposed to be a more affordable piece of the American dream?

Sure, I know there’s a huge price that comes with any prized classic piece of sheet metal (or fiberglass) over time, but it still gets a little frustrating for those of us who will probably never, ever be able to afford some of the more collectible models."

Sorry, the author sounds like a whiny, little beyatch, crying about how the Corvette is supposed to be affordable. Well, duh! If you're looking at the rarest of the rare, and competing with deep pockets, of course you're going to get priced out!

Never, ever? Waaah! Why doesn't the author go pick up an L46 or base chrome bumper car and if he can't afford that, get a mid-C3 or later. God, the stupid stuff people write.

Easy Mike

Alan 71

Hi,
A couple of weeks ago a Ferrari was sold at auction for $38,000,000!!!!
I happen to meet a fellow I know at Carlisle a few days later who is interested in Metropolitans.
I kidded him that for $38,000,000 he could probably buy EVERY Metropolitan in EXISTENCE and build a MUSEUM to keep them in.
We had a good giggle over the thought.
Regards,
Alan

Iceaxe

^^^THIS^^^

Just about anyone that really wants a C3 Corvette can afford one and that includes the chrome bumper cars.

gerry72

In the end, it's still a Chevy, which is what makes the other 99.999 percent of Corvettes affordable...relatively speaking. I'd save up a while longer and get a Porsche 918.

KatieTron

I own a 1970 stingray, and one day it will be worth that much. To me it's about the build, not about buying it already finished.

persuader

For 680k I would build a new house with a huge fully equipped detached garage with at least 4 bays and then built my self a Vette just like that one. One that I can drive the snot out of and not worry about being afraid to drive it because its worth almost a million bucks.

F22

Yeah, baby! Burn rubber, not money!!!

Example 1: Priceless, rare Corvette: Don't touch it, don't drive it, just look at it. Each mile is a negative to the overall value.

Example 2: My little tart: Listen to that engine scream and grab another gear, hell yeah! God, does that feel good! Can I have some more please?

Ontario73

100%

Cars that represent the rarest of the rare, in this case likely the last one left with those options, are stored in museums and on display and for good reason. I'd want to drive a car like that and would actually prefer a clone for that.

Years ago a 1970 Hemi Cuda convertible 'clone' sold for a record amount at auction. The buyer was asked why he would pay almost as much for a clone as a real one, he replied that the few remaining originals should be kept safe; he plans on beating the hell out of his!

ed427vette

Who car about keeping this one safe. It's been totally restored without the original motor anyway. This car is FAR from original and it's just restored back to an original state. When this car was raced originality went out the window in favor of winning races.

Cool car and history, maybe worth the money if you have the money to waste but it should have been restored back to the way it raced. It would have been more interesting.

C6zMyth

...And I thought taking a 30k loan out was bad..

redvetracr

I would agree if and only if Tony Delorenzo had raced it, I have Curt Wetzels second car (see my Avatar and below), it won the prestigious 50th anniversary race at the AVUS in Berlin among others which makes it the third of three Owens Corning built cars and the sister car to the one Rick Hendrick paid $1,100,000.00 for at Barrett-Jackson Scottsdale 2013, I can`t sell it for 10% of what Hendrick paid all because Tony or Jerry never raced it.

redvetracr

BTW this car has turned out to be a great investment, Hans Hirt in Switzerland offered it to me for $100K, I offered $50K, he sold it to Joe DeMesy for about $70K, DeMesy shipped it over, paid the Nabor bros a reported flat fee of $35K plus parts, had Kevin do "the motor" and sold it for $450 ($400K after commission) the next guy paid $500K (with commission) and sold it for $680 or $610K give or take (after commission).

dave1234

lurch59

At some point it's a speculative investment, not really a car at all. You can build a better restomod for 10 percent of that, and have some intrinsic value because it will actually perform better than 99 percent of the cars on the road IMO. So, it must be compared to other investments such as real estate, stocks, precious metals etc. Not within my risk tolerance.

GRipp 73

My parents for the longest time did not understand how some of these cars could fetch so much money. Then after explaining how some of these cars have history or because of their rarity like a Rembrandt, Monet, or Picasso did they understand. Why would anyone pay millions of dollars for a painting that will just hang on a wall? To some, that is true beauty, to others, cars are rolling pieces of artwork. Some are just enjoyed in different ways, driven, trailered, or just parked in a museum. To each their own. I will keep on driving.

LS3FORME

70 rule