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Finally, Hagerty insurance released a report solidly acknowledging it's not just a blip on the screen showing a sharp and steady increase in '68 to 1972, it's been a solid, accountable catch up in the Early C3 collectible market. All indications point to a further rise and justified increase in collector interest.
Auctions are a typical market tool for establishing the collector car environment, a substantial indicator of establishing market value. At the most resent Barrette/Jackson CC Auction in Scottsdale, AZ Chrome bumper C3's sold for the mid $20,000 to low $40,000 (buyers hammer price). Similar net results have been recorded throughout the top 12 CC auctions for the 2 year period starting 1/31/15 to date.
Well this explains why I can't find a numbers matching fully loaded 4 speed w/ A/C in turn key condition for less than $19,000
Finally, Hagerty insurance released a report solidly acknowledging it's not just a blip on the screen showing a sharp and steady increase in '68 to 1972, it's been a solid, accountable catch up in the Early C3 collectible market. All indications point to a further rise and justified increase in collector interest.
Auctions are a typical market tool for establishing the collector car environment, a substantial indicator of establishing market value. At the most resent Barrette/Jackson CC Auction in Scottsdale, AZ Chrome bumper C3's sold for the mid $20,000 to low $40,000 (buyers hammer price). Similar net results have been recorded throughout the top 12 CC auctions for the 2 year period starting 1/31/15 to date.
Well this explains why I can't find a numbers matching fully loaded 4 speed w/ A/C in turn key condition for less than $19,000
Don't like to tell you " I told you so " , but " I told you so "
I had a young man ask me if I'd be interested in selling my 68 BB in my avatar.
I told him no. What would I replace it with was my follow up to him.
He had a blank stare.....I said exactly.
I've got the right car
Marshal
It has taken awhile but I believe people are beginning to see the '68-72 cars in much the same way as the '63-67 cars. They are very special and the automotive world really began changing in '73. This was not only true with Corvettes but others too. Look at a '72 Chevelle and a '73. There have been some great Vettes since 1972 but in my opinion the classic styling had left the building.
Finally, Hagerty insurance released a report solidly acknowledging it's not just a blip on the screen showing a sharp and steady increase in '68 to 1972, it's been a solid, accountable catch up in the Early C3 collectible market. All indications point to a further rise and justified increase in collector interest.
Auctions are a typical market tool for establishing the collector car environment, a substantial indicator of establishing market value. At the most resent Barrette/Jackson CC Auction in Scottsdale, AZ Chrome bumper C3's sold for the mid $20,000 to low $40,000 (buyers hammer price). Similar net results have been recorded throughout the top 12 CC auctions for the 2 year period starting 1/31/15 to date.
Well this explains why I can't find a numbers matching fully loaded 4 speed w/ A/C in turn key condition for less than $19,000
While I dont think anyone considers January Barrett-Jackson numbers to be consistent with the market the other 364 days of the year, I'd say its been a long time since you could get a fully loaded 4 speed A/C turn key chrome bumper car for under 19k.
With my Hagerty renewal they suggested that I should increase the agreed value of the car by $1,000 for another $7/year (an offer they have never made in the previous 8 years).
Maybe values really are increasing, or maybe Hagerty is trying to sell more insurance?
Speaking of Hagerty Classic car insurance, after owning my '71 LS5 Convertible for 41 years, I finally switched over to classic car insurance last October. After reviewing the pictures of the car, the Hagerty agent wanted to insure it for $50K. I was thinking more like $35K, so we agreed on $40K.
It does appear that the C3 market is soft at the moment, but maybe someday it will improve.
I know this is a very opinionated question, but I'm curious what would be considered the best year/option between '68 and 72'. Not looking at most valuable or rarest, instead looking for which would be the best for under $30K as an occasional driver car? I'm looking a purchasing soon and trying to decided. I really want a convertible, if there is one year that is better than another.
Hig116:
the critical year in my opinion is the horse power change from 70 to 71 on all GM engines due to the lowered compression ratio. So I would look at 68 to 70.