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For years ive always wanted a 67-72 Porsche 911, ten years ago 12,000 would have bought a nice one, now they are 100k......To me the 68-72 corvettes have the nicest lines and are one of the best looking cars ever produced,..do you think they will continue to climb....I kicked my C6 out of the garage so my 72 can sleep there at night, that's how much I believe in the future of the C3.
Its a supply demand thing, while certain unique examples of c3s, are already over 100k the zillions of what i will call lesser cars like mine are not skyrocketing, and more and more people are modding c3s, numbers matching is meaning less and less, especially when the buyer doesnt care the engines original he wants his own idea of the perfect engine,
C3s had a long run and unless 3/4 of the common ones fall in a sink hole i dont think they will even gain much on even c2 selling prices.
It should be noted that for every chrome bumper car that is chopped up to put a giant whale tale or a custom leopard skin dashboard or a pimpmobile hardtop or C7 headlights, there is one less original car out there. I think the resto-mod thing is great, but there will always be demand for original cars, if for no other purpose than nostalgia. Who knows what the future holds for the value of antique cars, but original cars will always be desirable to some people.
It should be noted that for every chrome bumper car that is chopped up to put a giant whale tale or a custom leopard skin dashboard or a pimpmobile hardtop or C7 headlights, there is one less original car out there. I think the resto-mod thing is great, but there will always be demand for original cars, if for no other purpose than nostalgia. Who knows what the future holds for the value of antique cars, but original cars will always be desirable to some people.
Very true, "nostalgia" is why old school customs, some not all are very popular right now,
Of the ridculous sounding mods you listed i have seen none of those on a chrome bumper car, i have seen only a couple of those mods on later years,
Um, a 76 was just posted with a huge gross tail and stuck on crap but that isn't what really kills that poor car, the price of double what they should be asking does, if that same 76 had an 80 rear bumper and 5k tag, it wouldnt be as hated it would be sold, i really do not see any chromies getting hacked or chopped.
I dont believe anyone desires a hack job no matter what make or model.
Apples and oranges,
Perhaps you are missing the fact the trend of restro mods as a majority are not doing any of the old school 70s over the top, pleases only the builder mods, the ones that do get into body mods are things mostly to mimic old school racers or perhaps motion cars, like my 69 build, flares, hoods, or
Chrome bumper conversions on plastic bumper cars,
Some guys on here are building functional air intake hoods those type body mods,
Bone stock orginal will always be popular to some, but the car needs to be special, rare, low low miles, something to set it apart besides its just "bone stock", there were so many 74-82 made that bone stock isnt all that in demand for those years which are the years being modded the most with the long run of c3s made and as base models got more and more anemic hp wise...the restro mods shine, you might not know the car is even modded at first glance.
I also do not see the overbuilt restro mod as the end all to be all, its simply an expeession at the moment of how far one can go, what i see are across the board more and more c3s modded to be nice sound somewhat modernized drivers, not show queens or tv auction fodder, just a car not to let sit and worry about its value but a car to be driven.
I hope not too! Increasing prices just means more expensive buy in, parts, insurance, more worry about driving it, or where you park it. Screw all that! At the moment c3 Corvettes are one of the best bang for buck of any classic car.
This is something I having been thinking about. My car, an original drive train 70 LS5 4 speed convertible is a solid #2.5. Most people think is it really nice looking but me (like most owners) see flaws in the paint that make me want to get it repainted. I have about $38 in the car and concerned that a $10+k paint job would take it from in the zone value wise to upside down like many other owners. And then with new paint may make me paranoid to use it...
I'm sure that all of you have been watching the popularity of the chromies growing over the last couple years . Now people are starting to relate them to the C2's as an original last of the classic corvettes . So much so that now some people are going through all of the work and expense to turn the rubber bumper cars into chromies. That alone makes them more valuable . Just a couple years ago I predicted a rise in the interest of these cars and the value going up and got push back from some . All you had to do was look at the C2's and the same thing happened to them and in my opinion the early C3's have all of the class of the C2's if not more. Even when I owned a 67 convertible I kept looking at the C3's and decided to go back , not for the value at the time but the sleek styling . To answer your question , yes I do think they will continue to climb so if you don't already own one maybe it is time .
Just an observation, I have been in the market for C3 68-72 chrome bumper car for about 8-9 months and even though I have found my 72, I continue to keep an eye on C3 chrome bumper market. I have been keeping track of both price and inventory across the internet and CL. Over the last six months I have seen a very steep decline in inventory of C3 chrome bumper cars with 4spd trans for sale. Allot of what you see now on the market are automatic cars. This leads me to believe that we will start to see an increase in the 4spd C3 chrome bumper market in the very near future. Again this only pertains to the chrome bumper years 68 – 72.
This is something I having been thinking about. My car, an original drive train 70 LS5 4 speed convertible is a solid #2.5. Most people think is it really nice looking but me (like most owners) see flaws in the paint that make me want to get it repainted. I have about $38 in the car and concerned that a $10+k paint job would take it from in the zone value wise to upside down like many other owners. And then with new paint may make me paranoid to use it...
I've owned my '71 LS5 4 speed convertible for 42 years, original drive train, 55K miles, original paint, soft-top, and interior. My dad offered to paint it in 1976, but I decided to keep the original paint.
I don't see cars like mine being worth $100K in my lifetime, but hopefully it will be sell-able over the next 5 years.
On another note, I've noticed more WTB's in the for sale section. This is encouraging....is this due to higher demand or is this just common for spring time C3 interest?
I personally believe that the lightly upgraded "driver+" cars will start to separate from the more average cars. In other words, people who correctly do things like crate engines and 5-speeds but don't go too far over the edge on modifications so that the cars still look and feel like the originals (just better performing) will see more return on investment than in previous years.
I'm sure that all of you have been watching the popularity of the chromies growing over the last couple years . Now people are starting to relate them to the C2's as an original last of the classic corvettes . So much so that now some people are going through all of the work and expense to turn the rubber bumper cars into chromies. That alone makes them more valuable . Just a couple years ago I predicted a rise in the interest of these cars and the value going up and got push back from some . All you had to do was look at the C2's and the same thing happened to them and in my opinion the early C3's have all of the class of the C2's if not more. Even when I owned a 67 convertible I kept looking at the C3's and decided to go back , not for the value at the time but the sleek styling . To answer your question , yes I do think they will continue to climb so if you don't already own one maybe it is time .
......Very very well said, two cars I have been following for the past ten years are now out of sight, early 911 and two seater late 60s Mercedes convertibles ,....the 68 to 72 corvettes are to good looking to stay flat lined...
I've owned my '71 LS5 4 speed convertible for 42 years, original drive train, 55K miles, original paint, soft-top, and interior. My dad offered to paint it in 1976, but I decided to keep the original paint.
I don't see cars like mine being worth $100K in my lifetime, but hopefully it will be sell-able over the next 5 years.
On another note, I've noticed more WTB's in the for sale section. This is encouraging....is this due to higher demand or is this just common for spring time C3 interest?
Look in the corvette section in Hemmings, there are always ads stating....WTB 69-72 corvettes top dollar paid.
For years ive always wanted a 67-72 Porsche 911, ten years ago 12,000 would have bought a nice one, now they are 100k......To me the 68-72 corvettes have the nicest lines and are one of the best looking cars ever produced,..do you think they will continue to climb....I kicked my C6 out of the garage so my 72 can sleep there at night, that's how much I believe in the future of the C3.
To answer your question...of course yes...already have done and $200,000/ $500,000 as well...L-88's ZL-1's etc.
So a guy finds out he has cancer, he gets his affairs in order, gets his 401K squared away....and goes in for an operation.
He wakes up 20 years later..
The Doc says "we used cryogenic therapy on you, you're fine now, we froze you for 20 years."
First thing he does is go to a pay phone (old joke!) Calls up Merril Lynch and says, "So how did my 401k do?" The broker says..."you have 1 billion dollars in your account"....the the guy is jumping for joy...then the pay phone dings and the operator says
" please deposit 1 billion, five hundred thousand dollars for the next three minutes!
Worth???? LOL
A Honda Civic is $20,000, a #$%^ Prius is $30k....
04-04-2017, 09:27 PM
Will 68-72 ever reach $100,000?
I've owned my '71 LS5 4 speed convertible for 42 years, original drive train, 55K miles, original paint, soft-top, and interior. My dad offered to paint it in 1976, but I decided to keep the original paint.
