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C3 Chrome bumper years

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Old Jan 20, 2017 | 01:40 AM
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Default C3 Chrome bumper years

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
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Old Jan 20, 2017 | 06:55 AM
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Originally Posted by Z06LMB
...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...
Okay. Based on what you now know, it seems you will need to adjust your looking price accordingly.

Good luck with the hunt.
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Old Jan 20, 2017 | 06:55 AM
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Link to the report?
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Old Jan 20, 2017 | 07:36 AM
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Good news for me seeing I own a matching number 72. Bad news is I live in Australia

Last edited by Corvetteoz; Jan 20, 2017 at 07:36 AM.
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Old Jan 20, 2017 | 10:48 AM
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Originally Posted by Z06LMB
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 "
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Old Jan 20, 2017 | 11:10 AM
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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
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Old Jan 20, 2017 | 12:20 PM
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Originally Posted by Z06LMB
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
I'm not sure you could find that car for $29,000 and I expect in 10 more years it may take closer to 50 grand than 20.

Brian
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Old Jan 20, 2017 | 12:41 PM
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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.
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Old Jan 20, 2017 | 02:39 PM
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Originally Posted by Z06LMB
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.

Nothing new there.
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Old Jan 20, 2017 | 04:13 PM
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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?
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Old Jan 20, 2017 | 04:54 PM
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I have been periodically tracking and recording the NADA value of my '69 L36 since purchasing it in 2004. It has gone up 150 percent.
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Old Jan 20, 2017 | 10:23 PM
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Some very big numbers on the 68-71 big blocks at both auctions. A red 71 small block sold for 43k on eBay it did not break 24k the bj effect
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Old Jan 20, 2017 | 10:26 PM
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From: YANKEES UNIVERSE 70 454-LS5 500 ft-lbs Torque
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Old Jan 20, 2017 | 10:37 PM
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Very nice 72 a friend bought
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Old Jan 23, 2017 | 11:24 AM
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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.
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Old Jan 23, 2017 | 01:59 PM
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Default chrome bumper C3 commercial

Chrome bumper C3 buyers coming of the age with some extra money for play toys, maybe? And the economy maybe going to get better?
I hope so!

Cute commercial for you if you have not seen already?


https://www.nationwide.com/about-us/songs-odom-ad.jsp
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Old Jan 23, 2017 | 11:41 PM
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might be a good year after-all
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Old Feb 2, 2018 | 11:17 AM
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Default Which year do you prefer

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.

Thanks,
Keith
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Old Feb 2, 2018 | 11:30 AM
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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.
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Old Feb 2, 2018 | 12:55 PM
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Anyone using BJ as a gauge is drinking koolaid! Didnt a 75 coupe go for over ~30k? Not real world imo.
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