I am helping my friend market his '69 427/390 4 speed coupe. He has owned it 10+ years. Always stored inside that is not the case now. He says it is matching numbers engine and I must verify that. It is a p/s, p/b factory a/c car. It shows 68000 miles. It is pretty rough but most of it is there. It runs. We are going to go get it and clean it up real good put some decent tires on it. What would you think the value might be as it sits but cleaned up some? I have to check the frame/birdcage for rust. I eventually will post a comprehensive set of pictures. Tks.

 

FWIW: why not have your friend join the forum so he can post about his car?

 

Evidently your friend didn't think it was worth much. People who do that to these cars ought to be taken out and spanked, not rewarded with a pile of cash.

 

+1 !!!

 

Good frame/birdcage, matching numbers, "cleaned up"= $15K

 

Truly numbers matching, with the options, color, etc. a very desirable restoration project for someone, providing it doesn't have rust issues.
Price?..tough call. Maybe base it on what a like car restored would be, and then what it would take to get this one there, and price it accordingly.
Scour E-Bay sold listings, not a believer of NADA price guides.

 

LOL...around here .....used car dealer wants 30 K ....for a 71 that looks 1/2 that good . He'd want 50k for that corvette.

 

$6K as it sits, To many other variables as to what it would be worth and the cost to get that to (all cleaned up condition). Does all cleaned up mean fixing birdcage and frame rust repair, new interior, new paint, you need new D.S door hinge before you fix and repaint that door, brakes probably need calipers, door mouldings and we have no idea what the engine, core support and wiring looks like. Probably needs all new vac hoses and some repairs in the system.

Good project car, but probably hard to make any money on it as I could imagine a lot of $$$$$ and time to get it to the condition of a higher $ car. Why no pictures of the engine and underneath the car?

You will find out how much birdcage windshield header rust as the cracked dash means the windshield will have to be removed to replace it.

 

I would think 6-8k, car seems to need every thing.

 

i dunno. that custom velour inter looks like it should add at least 10k to it. and it was well preserved with pine tar...

 

Just FYI, you cannot post your friend's car for sale in the For Sale section again. He would need to join the forum and sell his own car.

You guys (the OP and the actual seller) should probably look over the selling guidelines so I don't keep bugging you. PM with any questions.

http://forums.corvetteforum.com/foru...eir-parts.html

Also, if anyone wants to discuss buying or making deals on this car, please send the OP a PM rather than posting in this non Sale thread. Thanks.

 

^^^THIS^^^

It's going to take $50k and a lot of hard work to make that car worth $30k.

 

What's the trim tag read... 900 - 427 or 428? Pretty desirable combination if it is. Also nice to have the L-36/M-20 with C-60 as well. Too bad it isn't a convertible as well.

It's a shame that even if you got the car for free, you'd probably have more in it than what it would be worth restored.

Still, would make a really stunning car if done right.

Regards,

Stan Falenski

 

Why do you think that is Stan? I'm curious and really value your opinion. Do you think there will ever be a time when these not-so-rare-as-the-other "Rats" will cross that restoration threshold?

 

I would say an additional $50k would get $50k and all the labor doing things yourself would be donated to the next caretaker. Gotta love working for nothing.

 

I appreciate your comment... Thank you.

I think this car restored to a very high level (Assuming it is a real black/gunmetal, original driveline, documentation... You get the picture) is a $65,000 or so car. Definitely an attention getter in my book.

I guess the big difference in what makes a worthwhile restoration is threefold; first, the cost (and availability) of the parts required to do that very high level restoration, the second is in how you value your time, and the third is an accurate picture of the market.

So as I see this car, while pretty darn cool, at $65,000 doesn't justify the cost of the car, the $40,000+ for parts and possible outside services, $15,000 for paint, and 1,200+ hours of labor @ whatever you value your time at (for me, my shop rate of $75/hour)... Doesn't take long to get out of hand. Even if you discount your own time (and I don't know why you would) you're still on the edge of what I would consider to be maximum value. It's my own opinion, of course, but it has turned out to accurate most of the time.

I think the time for these cars is just about here. Some of the really high performance and high option cars are already getting some respect, but others will follow... And while it may finally make certain cars viable as restoration candidates, it won't make those restorations any less expensive.

Be thankful that you already own a beautiful, well sorted car... That puts you way ahead in this game.

Regards,

Stan