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'68 Roadster Value

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Old Nov 14, 2014 | 10:33 PM
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Default '68 Roadster Value

Hi all,

I am looking at a '68 small block 4-speed roadster. I have not seen it in person yet, just these photos and this description. Not numbers matching, all usual rust areas are solid, running and driving but not road worthy without some work (not sure exactly what but assuming the typical brakes/hoses, etc.) The body is supposed to be good but could use paint. Not sure about the condition of the top. Also he said the wiring is spliced, not sure where. Interior is original and probably a 5 out of 10. From what I understand, it could be a driver with maybe $2K-$3k worth of work but would need a total resto to be a show car. It looks like the front bumper is under the car, but not sure about the rears. I assume they are there.

I know it's very vague and difficult to estimate, but assuming the info to be accurate, I would appreciate any guesses and advice on what to look for. I'm very familiar with the coupes, but not the roadsters so much. Thanks!






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Old Nov 15, 2014 | 01:34 AM
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I have a '68 hard-top in similar shape that I'm rebuilding.....I listed minimum prices......

New economy grade carpet............$200
New economy grade seat covers.............$200
New economy grade 3-point seat belts.....$140
New engine wiring harness......................$125
New belts/hoses/carb kit.........................$125
New brake pads/hoses/rebuild kits...........$250
New u-joints.................................. .......$100
Clutch/transmission rebuild.....................$200
Change all fluids/oils..............................$100
New tires (depending on Mfg. Date).........$600
Rebuild headlight vacuum system............$200
Miscellaneous items................................$20 0
........................................ .....Total........$2400
Economy/cheap paint job......................$3,000
........................................ .....Total........$5400

I did not include any parts to rebuild or repair the engine.

Last edited by doorgunner; Nov 15, 2014 at 01:37 AM.
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Old Nov 15, 2014 | 07:44 AM
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Hi Bob,
The pictures are a bit misleading because the engine compartment and interior show a car that's been poorly taken care of and is going to take some money and a LOT of work.
The exterior SEEMS better because of the recent paint, but we have no idea what's under that paint. I'm thinking the exterior looked like the engine compartment and interior before some paint was quickly sprayed on it. I doubt anyone did a good job on just the exterior.
If you assess the total car (with it's exterior BEFORE it was painted) it's a pretty serious project. It needs EVERYTHING to be a nice car, and a LOT just to be a decent car.
As far as what to check because it's a convertible I think you need to check that the top mechanism isn't rusted and operates, that the deck lid operates, and assume it will need a new top.
Are you asking what you should pay for it?
Do you want it?
If so why?
Are you able to do what it'll need or will you have to pay to have it done?
Regards,
Alan

Last edited by Alan 71; Nov 15, 2014 at 07:48 AM.
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Old Nov 15, 2014 | 08:42 AM
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Originally Posted by Alan 71
Hi Bob,
The pictures are a bit misleading because the engine compartment and interior show a car that's been poorly taken care of and is going to take some money and a LOT of work.
The exterior SEEMS better because of the recent paint, but we have no idea what's under that paint. I'm thinking the exterior looked like the engine compartment and interior before some paint was quickly sprayed on it. I doubt anyone did a good job on just the exterior.
If you assess the total car (with it's exterior BEFORE it was painted) it's a pretty serious project. It needs EVERYTHING to be a nice car, and a LOT just to be a decent car.
As far as what to check because it's a convertible I think you need to check that the top mechanism isn't rusted and operates, that the deck lid operates, and assume it will need a new top.
Are you asking what you should pay for it?
Do you want it?
If so why?
Are you able to do what it'll need or will you have to pay to have it done?
Regards,
Alan
Hi Alan, thanks for the reply. Basically, I'm looking to get a value on it because it is part of a trade deal I may have going. He is putting a value of $7000 on it. That seemed reasonable as I've had a difficult time locating anything that isn't a total basket case for that price. Essentially I would maybe keep it for a while, do a little work on it and probably eventually sell it. I would LOVE to have a C3 convertible, but I've been down this road before and know that buying a finished one is much cheaper than restoring one, but I don't want to lose my shirt on it. I am in the process of trying to work up to a really nice car that I don't have to spend a fortune in time and cash on. Any guesstimate you could offer would be a great help. Thanks...

Last edited by bobs66440; Nov 15, 2014 at 08:55 AM.
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Old Nov 15, 2014 | 09:08 AM
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At $7k, it's worth your time to make the drive and see this car.
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Old Nov 15, 2014 | 09:34 AM
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I would buy that car for $7,000. if the frame and bird cage is in good condition , especially if you can do most of the work.
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Old Nov 15, 2014 | 10:33 AM
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I'd jump on it for $7k all day long.
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Old Nov 15, 2014 | 10:45 AM
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$7K..what are you waiting for?
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Old Nov 15, 2014 | 12:13 PM
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Thanks guys. I'm hoping to look at it tomorrow. I appreciate it.
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Old Nov 15, 2014 | 12:34 PM
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Hi Bob,
I liked your reply until I got to "do a LTTLE work on it and probably sell it".
That means you're going to want more for it than you paid for it and you'll need to find someone that you can convince that this still needy car is worth some amount more than $7000.
Remember, the people saying 'buy it' are spending your money at this point, not theirs.
I don't know that $2000-$3000 makes this a much better car. I think it takes more $ than that and a LOT of work.
This car has some upside, but it's not even close to that upside now!
Regards,
Alan
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Old Nov 15, 2014 | 04:44 PM
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Originally Posted by Alan 71
Hi Bob,
I liked your reply until I got to "do a LTTLE work on it and probably sell it".
That means you're going to want more for it than you paid for it and you'll need to find someone that you can convince that this still needy car is worth some amount more than $7000.
Remember, the people saying 'buy it' are spending your money at this point, not theirs.
I don't know that $2000-$3000 makes this a much better car. I think it takes more $ than that and a LOT of work.
This car has some upside, but it's not even close to that upside now!
Regards,
Alan
I understand your point. I'll have to look at it and make a determination. I tend to be conservative, so we'll see. Thanks for your input.
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Old Nov 15, 2014 | 09:10 PM
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Hi; I bought a '73 roadster that was in pretty good shape but not great. I thought spending 4K in repairs and cosmetics would put me where I wanted to be. I'm at 8K and growing.
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Old Nov 16, 2014 | 08:05 AM
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Originally Posted by doorgunner
I have a '68 hard-top in similar shape that I'm rebuilding.....I listed minimum prices......

New economy grade carpet............$200
New economy grade seat covers.............$200
New economy grade 3-point seat belts.....$140
New engine wiring harness......................$125
New belts/hoses/carb kit.........................$125
New brake pads/hoses/rebuild kits...........$250
New u-joints.................................. .......$100
Clutch/transmission rebuild.....................$200
Change all fluids/oils..............................$100
New tires (depending on Mfg. Date).........$600
Rebuild headlight vacuum system............$200
Miscellaneous items................................$20 0
........................................ .....Total........$2400
Economy/cheap paint job......................$3,000
........................................ .....Total........$5400

I did not include any parts to rebuild or repair the engine.
That's a very helpful list .....especially for first time owners.

At some point during my 26 years of owning my car , I ve addressed most of these and many others and some multiple times....brakes ..ugh The tiny parts , like seat back buttons , and all the detail items add up fast . So there is little use in getting excited about trying to do something cheap.

If it is done correct .....it won't be cheap .

To make ME happy ...tooling around ....I'm picky .....realistic in couple years I'd have 6 or 7 grand more in this .


First thing I'd do .....is change those hideous valve covers ....eek.....they make my skin crawl.

Last edited by LS4 PILOT; Nov 16, 2014 at 08:12 AM.
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Old Nov 16, 2014 | 11:19 AM
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Originally Posted by LS4 PILOT
That's a very helpful list .....especially for first time owners.

At some point during my 26 years of owning my car , I ve addressed most of these and many others and some multiple times....brakes ..ugh The tiny parts , like seat back buttons , and all the detail items add up fast . So there is little use in getting excited about trying to do something cheap.

If it is done correct .....it won't be cheap .

To make ME happy ...tooling around ....I'm picky .....realistic in couple years I'd have 6 or 7 grand more in this .


First thing I'd do .....is change those hideous valve covers ....eek.....they make my skin crawl.
Ha ha, I agree about the valve covers. I have a set of aluminum corvette covers I can put on.
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Old Nov 16, 2014 | 12:06 PM
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Default Here is a thought for you....

Here is a thought for you:

You might consider this logic. If this 68 convertible was all fixed up, nice driver, everything reasonably nice, still with NOM engine, can not change that, and checking completed ebay sales (the green ones), {and I would assume that the completed ebay sales in red (that is, did not sell) maybe sold outside of ebay for less money than what they were asking and not for more}, then my tea leaves say this Corvette all fixed up would go for 15 to 16.

Now assuming we do not plan on wanting to get upside down on your purchase, if you bought this one for 7, you have 8 to 9 to go spend on stuff, and just for fun, assume your labor for the things you can do yourself is free. So, if you make the "realistic and with knowledge need to do/buy" list and price it out, what is the answer??? I think you are in the ballpark, but on the cusp of go/no go.

Hope this might help. (Not that I ever took my own advice, but it does make a lot of sense to me!)

Last edited by 20mercury; Nov 16, 2014 at 07:40 PM.
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Old Nov 16, 2014 | 06:22 PM
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Thanks. It does make sense for sure. I'm probably going to look at it next weekend. I'll keep you posted.
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