NOM and How it Effects Value...?
Thread Starter
Drifting
Joined: Jun 2006
Posts: 1,327
Likes: 43
From: Vernon CT
NOM and How it Effects Value...?
I'm looking for a C3 chrome bumper Vette I can fix up this summer, then sell on in a year or two when something else comes my way that catches my eye.
I see several lower optioned (non-big block) 1968-71s with NOM engines. How does a NOM engine effect the car when buying and selling? Most of these car don't seem modified and look pretty original EXCEPT the NOM engine. I guess I'm wondering how to factor in the NOM when buying for purchase price.
Ive seen the Hagerty Valuation tool but no calculation for a NOM. Any rules of thumb or guidelines?
Feedback?
I see several lower optioned (non-big block) 1968-71s with NOM engines. How does a NOM engine effect the car when buying and selling? Most of these car don't seem modified and look pretty original EXCEPT the NOM engine. I guess I'm wondering how to factor in the NOM when buying for purchase price.
Ive seen the Hagerty Valuation tool but no calculation for a NOM. Any rules of thumb or guidelines?
Feedback?
Team Owner
Joined: Sep 2006
Posts: 31,273
Likes: 4,366
From: Westminster Maryland
Hi 72/86,
My take is the more 'special' (high performance) the original engine was the more a nom will affect the car's value.
A base motor car not too much, a "special high performance" motor car a lot, maybe a whole lot.
Regards,
Alan
My take is the more 'special' (high performance) the original engine was the more a nom will affect the car's value.
A base motor car not too much, a "special high performance" motor car a lot, maybe a whole lot.
Regards,
Alan
Last edited by Alan 71; Mar 26, 2016 at 06:09 PM.
Le Mans Master
Joined: Jun 2006
Posts: 6,400
Likes: 1,226
From: Tampa Florida
I wouldn't worry about it, if you find a car you like for a good price, enjoy it and have fun! When you take off in first gear and punch it, it doesn't matter if it has an original or nom.
If I had a time machine, I would go back 41 years and buy a '71 350 4 speed Coupe instead of a '71 454 4 speed Convertible.
If I had a time machine, I would go back 41 years and buy a '71 350 4 speed Coupe instead of a '71 454 4 speed Convertible.
Melting Slicks
Joined: Apr 2007
Posts: 3,189
Likes: 111
From: Tolland CT
I've never seen any statistics compiled on NOM sales prices. Best guess is roughly a 20% reduction for being a NOM. Maybe more if you're talking about a high performance model, maybe a bit less for a base model.
Thread Starter
Drifting
Joined: Jun 2006
Posts: 1,327
Likes: 43
From: Vernon CT
How do I know which engine came with the car originally ?
Racer
Joined: Aug 2013
Posts: 264
Likes: 58
From: Virginia
You probably looked already, but the "C-3s For Sale" forum section has a post with a craigslist link to boston and surrounding area cars, there is a blue '69 350-4sp coupe there without motor and trans for $7500.
Thread Starter
Drifting
Joined: Jun 2006
Posts: 1,327
Likes: 43
From: Vernon CT
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Team Owner
Joined: Oct 2004
Posts: 81,241
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From: altered state
St. Jude Donor '05
Numbers geeks will foam at the mouth over an almost 50 yrd everything
Personally I like fresh stuff that makes power.
Build it so its worth your time as you own it otherwise you wont enjoy it at all. I did the numbers thing once with a 73 it meanth NOthing come sale time. Evertything was old under the hood even though it looked good....down the every seal and gasket. Mint interior but still....
The numbers guys would want to grace me with their presence, ask 250 questions (with no intentions of buying anything). I quit showing it to guys like that I could care less what the various types of factory hose clamps came on it
Friend stepped up with the cash 2 mos later had a new paint job solid roller 383 700r and drove the pee out of it. And turned a profit on it to boot
Think it was worth it?
Last edited by cv67; Mar 27, 2016 at 10:28 AM.
Drifting
Joined: Jan 2014
Posts: 1,866
Likes: 140
From: Sadieville Kentucky
I'm looking for a C3 chrome bumper Vette I can fix up this summer, then sell on in a year or two when something else comes my way that catches my eye.
I see several lower optioned (non-big block) 1968-71s with NOM engines. How does a NOM engine effect the car when buying and selling? Most of these car don't seem modified and look pretty original EXCEPT the NOM engine. I guess I'm wondering how to factor in the NOM when buying for purchase price.
Ive seen the Hagerty Valuation tool but no calculation for a NOM. Any rules of thumb or guidelines?
Feedback?
I see several lower optioned (non-big block) 1968-71s with NOM engines. How does a NOM engine effect the car when buying and selling? Most of these car don't seem modified and look pretty original EXCEPT the NOM engine. I guess I'm wondering how to factor in the NOM when buying for purchase price.
Ive seen the Hagerty Valuation tool but no calculation for a NOM. Any rules of thumb or guidelines?
Feedback?
Wes
Race Director
Joined: Jan 2007
Posts: 14,948
Likes: 3,351
From: NYC NY
it's all matter of opinion which will differ and skepticism. 
The willingness of the seller to negotiate and the bargaining power of the buyer determine the outcome.
Le Mans Master
Joined: May 2006
Posts: 5,814
Likes: 414
From: Pittsburgh suburbs Pa.
I'm looking for a C3 chrome bumper Vette I can fix up this summer, then sell on in a year or two when something else comes my way that catches my eye.
I see several lower optioned (non-big block) 1968-71s with NOM engines. How does a NOM engine effect the car when buying and selling? Most of these car don't seem modified and look pretty original EXCEPT the NOM engine. I guess I'm wondering how to factor in the NOM when buying for purchase price.
Ive seen the Hagerty Valuation tool but no calculation for a NOM. Any rules of thumb or guidelines?
Feedback?
I see several lower optioned (non-big block) 1968-71s with NOM engines. How does a NOM engine effect the car when buying and selling? Most of these car don't seem modified and look pretty original EXCEPT the NOM engine. I guess I'm wondering how to factor in the NOM when buying for purchase price.
Ive seen the Hagerty Valuation tool but no calculation for a NOM. Any rules of thumb or guidelines?
Feedback?
Team Owner
Joined: Oct 2004
Posts: 81,241
Likes: 3,063
From: altered state
St. Jude Donor '05
Im betting the guy that wants a clean non bubba bumper car or earlier would describle most buyers. Had some flat out tell me they could care less with the #s bit. It did seem to help when I sold my 70 Z/28. Only reason it sold like that is the person I bought it from did such a perfect job of restoring it I couldnt bring myself to mess with it. It did have someheavily ported heads, extrude honed intake and one massive solid FT along with 12:1 compression (through correct manifolds LOL)Nobody knew it looked so painfully stock
Having the right car imo is the key....like your L88
Unfortunately many try to sell off later stuff kind of not so desirable cars (like my 73...in the 90s nobody wanted one) with an inflated price but "The numbers....." in hopes of. They are usually disappointed. I was and got lucky to get out from underneath it. Only neat part of owning it was looking at it..or the great interior. I hated driving it damn it was a slow azz turd lol
It does help sell the car down the road I think
Unfortunately many try to sell off later stuff kind of not so desirable cars (like my 73...in the 90s nobody wanted one) with an inflated price but "The numbers....." in hopes of. They are usually disappointed. I was and got lucky to get out from underneath it. Only neat part of owning it was looking at it..or the great interior. I hated driving it damn it was a slow azz turd lol
Last edited by cv67; Mar 27, 2016 at 12:15 PM.
Thread Starter
Drifting
Joined: Jun 2006
Posts: 1,327
Likes: 43
From: Vernon CT
I would imagine most original engines pulled were the base engines in exchange for something more powerful... Thats probably also why I'm seeing a lot of the NOM chrome vettes w/ no/little options.
But thats just a guess.
But thats just a guess.
Melting Slicks
Joined: Apr 2007
Posts: 3,189
Likes: 111
From: Tolland CT
I think you're more likely to find a true original base model than a higher performance model because the people buying the base model probably didn't buy them to campaign on weekends. People buying LS5's, LT1's, etc, most likely bought them to beat the heck out of, weekend drags. Many probably had their engines blown early in life. For the base models which may have been upgraded, you may stand a better chance of finding the original engine. It was less likely to have a hole through the side of the block.
Last edited by BBCorv70; Mar 27, 2016 at 04:39 PM.
Burning Brakes
Joined: Nov 2014
Posts: 951
Likes: 215
From: Foothills of the Adirondacks.
I remember when people would yank the original 454 off and toss them in the garbage, and stuff a 350 instead to get better gas milleage.
Last edited by LT1M21Vette; Mar 27, 2016 at 06:35 PM.
Team Owner
Joined: Oct 2004
Posts: 81,241
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From: altered state
St. Jude Donor '05
remember the long lines and gas rationing of the 70s well
Neighbor would always drag home 1970 Challenger R/Ts all of em purple
First thing he would do is remove the 383 and drop in a 318 3bbl. He threw all those 383s out couldnt give away a big motor back then.
Team Owner
Joined: Jun 2000
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From: Southbound
Cruise-In II Veteran
