'68 427 Convertible pricing
Thread Starter
Instructor
Joined: May 2014
Posts: 114
Likes: 18
From: College Station Texas
'68 427 Convertible pricing
I'm considering a '68 convertible that was restored in 2010 or so, then auctioned at BJ for $41K in 2012.
It has a non-numbers matching drive train, but good cosmetics and new (incorrect) leather seats. Attractive colors of silver/red.
71K miles on the clock.
Its an L36 with automatic transmission...
I've found Hagarty values to be unrealistic...and other pricing guides do not account for non-numbers matching cars...
Can anybody advise me on a general price point for this car?
Thanks, Joe
It has a non-numbers matching drive train, but good cosmetics and new (incorrect) leather seats. Attractive colors of silver/red.
71K miles on the clock.
Its an L36 with automatic transmission...
I've found Hagarty values to be unrealistic...and other pricing guides do not account for non-numbers matching cars...
Can anybody advise me on a general price point for this car?
Thanks, Joe
Thread Starter
Instructor
Joined: May 2014
Posts: 114
Likes: 18
From: College Station Texas
I just spoke with the selling dealer. Car, along with a '70 Camaro were traded for a new Z06 by the guy who bought it at BJ...apparently a collector with many cars in a large temp controlled warehouse. He says the paint is 8 or 9 out of 10. Everything works, but, of course, its a different engine than it was born with...most of the pricing guides have an average value of around $50K...is this a deal if its really nice?
Team Owner
Joined: Sep 2006
Posts: 31,283
Likes: 4,373
From: Westminster Maryland
Hi Joe,
On the surface that seems like an interesting price.
It's really difficult though to make anything but a guess as to the car's actual value based on the very limited information you've included in your post.
What's the rust situation on the car?
How much of the remainder of the parts that made it a 68 427 automatic convertible are still there?
Regards,
Alan
On the surface that seems like an interesting price.
It's really difficult though to make anything but a guess as to the car's actual value based on the very limited information you've included in your post.
What's the rust situation on the car?
How much of the remainder of the parts that made it a 68 427 automatic convertible are still there?
Regards,
Alan
Thread Starter
Instructor
Joined: May 2014
Posts: 114
Likes: 18
From: College Station Texas
The dealer doesn't have that kind of detailed information.
I found this on the Corvette C3 Registry:
Frame-Off restoration two years ago, silver with red interior. 427/390, automatic, new paint, interior, motor, transmission and rear end. Rally wheels, BFG tires, new exhaust. Everything works great, drives like a dream, very nice car. This is from 2012, before the guy who just traded it bought it.
I found this on the Corvette C3 Registry:
Frame-Off restoration two years ago, silver with red interior. 427/390, automatic, new paint, interior, motor, transmission and rear end. Rally wheels, BFG tires, new exhaust. Everything works great, drives like a dream, very nice car. This is from 2012, before the guy who just traded it bought it.
Thread Starter
Instructor
Joined: May 2014
Posts: 114
Likes: 18
From: College Station Texas
Here's a link to the dealer website with some pics:
http://www.johnholtcadillacok.com/Ve...-OK/2880389233
http://www.johnholtcadillacok.com/Ve...-OK/2880389233
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Team Owner
Joined: Sep 2006
Posts: 31,283
Likes: 4,373
From: Westminster Maryland
Hi Joe,
Just recently there was a thread about "just what does "Frame Off Restoration" mean".
The consensus seemed to be that it could describe just about any level of skill, any amount of completeness, and any amount of attention to detail.
Seeing some photos of the exterior, engine bay, interior, and chassis would begin to clarify things.
Regards,
Alan
Just recently there was a thread about "just what does "Frame Off Restoration" mean".
The consensus seemed to be that it could describe just about any level of skill, any amount of completeness, and any amount of attention to detail.
Seeing some photos of the exterior, engine bay, interior, and chassis would begin to clarify things.
Regards,
Alan
Team Owner
Joined: Sep 2006
Posts: 31,283
Likes: 4,373
From: Westminster Maryland
Hi J,
Sorry! I didn't see the link.
The car looks nice cosmetically in the photos.
I think it's worth checking into it further.
I'd certainly ask for chassis photos… both front and rear and from each side.
Do we have any idea what engine is in the car?
Are you close enough that you can make a trip?
Regards,
Alan
Sorry! I didn't see the link.
The car looks nice cosmetically in the photos.
I think it's worth checking into it further.
I'd certainly ask for chassis photos… both front and rear and from each side.
Do we have any idea what engine is in the car?
Are you close enough that you can make a trip?
Regards,
Alan
Last edited by Alan 71; Feb 17, 2017 at 05:50 PM.
Drifting
Joined: Jan 2014
Posts: 1,866
Likes: 140
From: Sadieville Kentucky
I'm considering a '68 convertible that was restored in 2010 or so, then auctioned at BJ for $41K in 2012.
It has a non-numbers matching drive train, but good cosmetics and new (incorrect) leather seats. Attractive colors of silver/red.
71K miles on the clock.
Its an L36 with automatic transmission...
I've found Hagarty values to be unrealistic...and other pricing guides do not account for non-numbers matching cars...
Can anybody advise me on a general price point for this car?
Thanks, Joe
It has a non-numbers matching drive train, but good cosmetics and new (incorrect) leather seats. Attractive colors of silver/red.
71K miles on the clock.
Its an L36 with automatic transmission...
I've found Hagarty values to be unrealistic...and other pricing guides do not account for non-numbers matching cars...
Can anybody advise me on a general price point for this car?
Thanks, Joe
Resto mods brought the money
Team Owner
Joined: Sep 2006
Posts: 31,283
Likes: 4,373
From: Westminster Maryland
Hi Joe,
I don't know how far you want to push the dealer.
I'd ask to see the engine block's casting number and casting date and also the engine's stamp pad which may or may not help identify what the engine is.
This dealer may not be used to doing that but it's the first thing that many 68-72 Corvette buyers want to see.
It would be good to know what's in there even though it's not the original.
Do you get any sense that the dealer is at all familiar with Corvettes?
Regards,
Alan
I don't know how far you want to push the dealer.
I'd ask to see the engine block's casting number and casting date and also the engine's stamp pad which may or may not help identify what the engine is.
This dealer may not be used to doing that but it's the first thing that many 68-72 Corvette buyers want to see.
It would be good to know what's in there even though it's not the original.
Do you get any sense that the dealer is at all familiar with Corvettes?
Regards,
Alan