Pictures would help
Value my vette. 1973
Thread Starter
Instructor
Joined: Apr 2015
Posts: 238
Likes: 96
From: South Carolina
Value my vette. 1973
This is for insurance purposes only. Not trying to sell.
1973 Corvette Convertible - PW,PS,PB with working AC.
- Original matching engine is in a crate for next owner.
- Has new vortec 350 installed with mild cam/lift.
- New everything in the engine bay from the alternator to the fuel pump.
- Hooker long tube ceramic coated headers with OBX side pipes and cobra heat shields.
- Most reused engine parts that do not go bad(such as the fan) have been bead blasted and coated to protect.
- New convertible top, carpet and weather stripping.
- New stinger hood, front bumper cover and new professional 10 foot paint job Matte Black(not offered in 1973).
- New proline Convo Pro wheels with cooper cobra tires.
- Aftermarket radio installed.
The bad
There's some minor rust on the car that does not jeopardize the structure/bird cage. The interior other than the radio and carpet is original and in fair/good shape. The passenger window motor will need to be replaced at some point.
With all that said. What would a fair value be to place on this vehicle? I will get some pictures up ASAP.
1973 Corvette Convertible - PW,PS,PB with working AC.
- Original matching engine is in a crate for next owner.
- Has new vortec 350 installed with mild cam/lift.
- New everything in the engine bay from the alternator to the fuel pump.
- Hooker long tube ceramic coated headers with OBX side pipes and cobra heat shields.
- Most reused engine parts that do not go bad(such as the fan) have been bead blasted and coated to protect.
- New convertible top, carpet and weather stripping.
- New stinger hood, front bumper cover and new professional 10 foot paint job Matte Black(not offered in 1973).
- New proline Convo Pro wheels with cooper cobra tires.
- Aftermarket radio installed.
The bad
There's some minor rust on the car that does not jeopardize the structure/bird cage. The interior other than the radio and carpet is original and in fair/good shape. The passenger window motor will need to be replaced at some point.
With all that said. What would a fair value be to place on this vehicle? I will get some pictures up ASAP.
Last edited by TanksFull; Jun 24, 2015 at 06:54 PM.
Melting Slicks
Joined: Jun 2006
Posts: 2,071
Likes: 147
From: S Nevada
Well, most classic insurance companys will sell you an agreed value policy. I doubt if there are too many 42 yr old cars that do not have rust somewhere. total your receipts up, call NCM insurance and see what they can do for you.
Race Director
Joined: Jul 2004
Posts: 12,703
Likes: 329
From: Scottsdale Arizona
Team Owner
Joined: Jun 2000
Posts: 38,923
Likes: 1,481
From: Southbound
Cruise-In II Veteran
Thread Starter
Instructor
Joined: Apr 2015
Posts: 238
Likes: 96
From: South Carolina
$12,000? Really?
Jeez. I figured at least $16,000-$20,000 considering I cannot find a refurbished convertible anything anywhere for less than $15,000.
Guess I should stop throwing money into it at this point as I'm just tossing it away.
Thanks for the opinions..
Jeez. I figured at least $16,000-$20,000 considering I cannot find a refurbished convertible anything anywhere for less than $15,000.
Guess I should stop throwing money into it at this point as I'm just tossing it away.
Thanks for the opinions..
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Safety Car
Joined: Sep 2013
Posts: 4,355
Likes: 2,633
From: Draper Utah
Value my vette. 1973
You just answered your own question. You should buy $20k in agreed value insurance as that is what you value the car at.
Le Mans Master
Joined: Feb 2011
Posts: 5,943
Likes: 61
From: Southern NH
yup, if you think it's worth $20K, buy $20K.
The insurance company will let you know if it's too much or not. I think that number will be in their average for that car though.
I just got $15K through Hagerty, I just sent them a few pictures and no questions asked. I think if i tried to get $30K or something stupid high on it they would have requested an appraisal and inspection.
But like i said, I think $20K will be about average for a '73 convertible.
The insurance company will let you know if it's too much or not. I think that number will be in their average for that car though.
I just got $15K through Hagerty, I just sent them a few pictures and no questions asked. I think if i tried to get $30K or something stupid high on it they would have requested an appraisal and inspection.
But like i said, I think $20K will be about average for a '73 convertible.
Team Owner
Joined: Jun 2000
Posts: 38,923
Likes: 1,481
From: Southbound
Cruise-In II Veteran
Thread Starter
Instructor
Joined: Apr 2015
Posts: 238
Likes: 96
From: South Carolina
Literally my current insurance covers the value of the car and any upgrades I do. Beyond saving the receipts I'd like to have second opinions on value so when its stolen(and it will be in the community I live in..) I can get what I have in it and not $6000 they have written down in their little book.
---
It is automatic..
The original engine had I believe 70k on it but the new engine that's in it is brand new with a total of 0 miles at the moment.
Thread Starter
Instructor
Joined: Apr 2015
Posts: 238
Likes: 96
From: South Carolina
I just see everyone wanting $20,000+ for their C3 vettes in the trader and I figured well.. mines gotta be worth at least $15,000.
I did not have an exact figure in mind.. I just figured this car would be worth more than the average car's going for since its been partially rebuilt.
I did not have an exact figure in mind.. I just figured this car would be worth more than the average car's going for since its been partially rebuilt.
Team Owner
Joined: Apr 2002
Posts: 26,563
Likes: 29
From: Northridge California
St. Jude Donor '14
I paid 11k for my '73. I've put probably 7k into it. It's still a 13k car IMO. And I still need to put more money into it. That's okay though, I enjoy it.
FYI, I have mine insured for 15k.
Drifting
Joined: Jan 2014
Posts: 1,866
Likes: 140
From: Sadieville Kentucky
73 value
This is for insurance purposes only. Not trying to sell.
1973 Corvette Convertible - PW,PS,PB with working AC.
- Original matching engine is in a crate for next owner.
- Has new vortec 350 installed with mild cam/lift.
- New everything in the engine bay from the alternator to the fuel pump.
- Hooker long tube ceramic coated headers with OBX side pipes and cobra heat shields.
- Most reused engine parts that do not go bad(such as the fan) have been bead blasted and coated to protect.
- New convertible top, carpet and weather stripping.
- New stinger hood, front bumper cover and new professional 10 foot paint job Matte Black(not offered in 1973).
- New proline Convo Pro wheels with cooper cobra tires.
- Aftermarket radio installed.
The bad
There's some minor rust on the car that does not jeopardize the structure/bird cage. The interior other than the radio and carpet is original and in fair/good shape. The passenger window motor will need to be replaced at some point.
With all that said. What would a fair value be to place on this vehicle? I will get some pictures up ASAP.
1973 Corvette Convertible - PW,PS,PB with working AC.
- Original matching engine is in a crate for next owner.
- Has new vortec 350 installed with mild cam/lift.
- New everything in the engine bay from the alternator to the fuel pump.
- Hooker long tube ceramic coated headers with OBX side pipes and cobra heat shields.
- Most reused engine parts that do not go bad(such as the fan) have been bead blasted and coated to protect.
- New convertible top, carpet and weather stripping.
- New stinger hood, front bumper cover and new professional 10 foot paint job Matte Black(not offered in 1973).
- New proline Convo Pro wheels with cooper cobra tires.
- Aftermarket radio installed.
The bad
There's some minor rust on the car that does not jeopardize the structure/bird cage. The interior other than the radio and carpet is original and in fair/good shape. The passenger window motor will need to be replaced at some point.
With all that said. What would a fair value be to place on this vehicle? I will get some pictures up ASAP.
Pro
Joined: Jun 2010
Posts: 592
Likes: 0
I took our 73 L 82 to a appraiser who has rebuilt Corvettes for many years. He asked what price we paid for the car and appraised her at that amount.Since the purchase we have spent approx $14K on a complete repaint interior restoration and mechanical improvements/ modifications.
I asked him how much the car's appraisal would increase after we spent money for all these improvements.He told me the 73's value would not increase because she has only one steel bumper. IN other words he feels that the only Corvettes worth saving was manufactured before 1973. Yep, He's entitled to his opinion but he is an *******!
I asked him how much the car's appraisal would increase after we spent money for all these improvements.He told me the 73's value would not increase because she has only one steel bumper. IN other words he feels that the only Corvettes worth saving was manufactured before 1973. Yep, He's entitled to his opinion but he is an *******!
