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...I'm interested in getting a C3, specifically a '68 or '69, and I was curious on where values on these cars with the 427 are headed...Will their value follow suit to what the '66 and '67 cars have done, or are they at their peak right now?...
I'm not sure anyone can answer your question. It is reasonable to expect values to increase in the future, but there are certainly no guarantees on that point.
I'm not sure anyone can answer your question. It is reasonable to expect values to increase in the future, but there are certainly no guarantees on that point.
Yeah, I know we don't have a crystal ball to tell the future (otherwise the cars we'd have ), just wasn't sure if there was better insight out there than I have.
Hopefully others will chime in. Thanks for the reply.
I'm no expert, but I will say that if any C3s should do well financially, it would be the years you mention and especially 427 cars, provided they're honest and in good condition.
C2s are in a whole different stratosphere and I don't think anyone can really explain that either. Example: A friend of mine just bought a very good 67, 427 tri power car that's in amazing shape and very original. He paid 90K for it. Why a car one year newer won't come close to that is beyond me.
Edit: Production numbers as mentioned above are and excellent point. C2s have been demanding crazy money for a long time now.
Last edited by Gilded_Splinters; Mar 9, 2016 at 03:05 PM.
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I think the 68/69 427 Corvettes have become more desirable over the last few years and it's a pretty safe bet that the good ones may realize some appreciation over the next few years. I am a long time midyear owner and did not become interested in the early C3 big blocks until about 10 years ago when I bought my 68 427 coupe. It drives at least as well as my 65 and I enjoy it just as much.
Having said that, the right reason to buy one IMO is because you like them and plan to drive and enjoy it. If it appreciates, it's a nice by-product of owning and enjoying one.
Hi Constantine,
I agree with capevettes that while the value of very nice 427 68-69 cars will likely continue to increase, it won't be at such a rate that you'll someday say it was a 'great' investment, maybe just a barely 'good' one, in fact …. so I think that really liking the car and enjoying the pleasures that ownership can give, should be the main reasons for having one.
Regards,
Alan
Think now is a great time to buy any c3, wouldn't plan on prices skyrocketing, but think original big blocks will be ones to increase if they do. Originality seems to be the key to holding value for resale.
Good luck
If you fell in love with a 68 or 69 Corvette when you were 13 to 19 years old, you are now 60 to 70 years old. In another 30 years most of us will be dead and there will be few people left to cherish these cars, so the value will go down. Just a contrarian view.
If you fell in love with a 68 or 69 Corvette when you were 13 to 19 years old, you are now 60 to 70 years old. In another 30 years most of us will be dead and there will be few people left to cherish these cars, so the value will go down. Just a contrarian view.
I've been saying if you were to buy a car strictly for invesment i would buy whatever the hot tuner car is now that kids want but can't afford, basically same cycle i see with 60s,70s muscle cars. Just my .02
From: PHOENIX AZ. WHAT A MAN WON"T SPEND TO GIVE HIS ASS A RIDE
Originally Posted by cadillac531
Hi Everyone:
I'm interested in getting a C3, specifically a '68 or '69, and I was curious on where values on these cars with the 427 are headed.
Will their value follow suit to what the '66 and '67 cars have done, or are they at their peak right now?
Thank you.
Constantine
Cars are NOT a investment it's a hobby. If anyone knew what something will be worth a year later they would be in the stock market not playing with Corvettes.
If you fell in love with a 68 or 69 Corvette when you were 13 to 19 years old, you are now 60 to 70 years old. In another 30 years most of us will be dead and there will be few people left to cherish these cars, so the value will go down. Just a contrarian view.
So there you have it, the bulls and bears,
Buy the one you like and can afford, drive it and enjoy it!
Buying a C3 as a long term investment ,expecting to reap a big profit...is FOOLISH in my opinion.. C3 Values will never skyrocket like the C2 has, except for maybe the very rarest of models .. I saw a 67 go for $1Million ...... That's never gonna happen with a C3 ....
One of the reasons the C2s perform so well is they are being showcased by the big auction houses like BJ and Mecum. They are given prime time TV exposure and talked up by the moderators. High end resale shops like the one in Ohio play to the big money with C3s and 4s practically non existent except for a few oddities, in their inventories.
On the plus side there are resellers like the one in Georgia that do a nice job of offering a large selection of C3s with prices that many hobbyists can afford. When they can raise prices and still sell cars they will.
Those who own one will tell you the prices are going up. Those who don't will tell you the prices have peaked and are going down. Have you ever driven a good one? If you do, might as well just open up your wallet because you will be hooked.
Total 427 Corvette production numbers, for all years:
1966 10,374
1967 9,707
1968 12,627
1969 15,441
I bought mine in 2004 when they were still affordable. If I paid too much for it then, it was just because I bought it earlier than I should have...for that price. The good news is that I have had more years to enjoy both working on it and driving it. I have no intention of ever selling it.
Seeking insight from C3 Experts.
), just wasn't sure if there was better insight out there than I have.
Just a contrarian view.
