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Yesterday we drove across florida to buy a part i needed,
The fellow now into camaros, was telling me how chrome c3s are up there with c2s, i told him i havent seen that,
Perhaps chrome c3s are going up a little but nothing like c2s,
So got me thinking, you guys know i care nothing of resale value and believe cars should be driven but now i am curious about a couple things,
Will chrome bumper c3s, not restro mods or super rare ones like l88s which already fetch big money but the mass that are out there, like members here own, will they catch up to the prices of c2s and if you believe they will how long will it take?
For example will a base model 70 in good condition be worth as much as say a base model 66?
How will the longer production run of c3s and plastic bumper c3s effect this?
the 68 to 72 are already getting big numbers.not like the c2 but doing well.The 73 to 75 verts with a big block are undervalued.the 76 to 82 they made a lot of them and don't have the big hp .there value will go up because the others will be so high priced.JMO
I don't think they will ever catch up with C2s or for that matter C1s. That said, if you listen to the "experts" prices on C2s have moderated the last year or so. I think it is a temporary trend, but I can give an example that might support the idea that they could actually deflate in value.
My wife has always wanted a 55-57 T-bird. At one time, these couldn't be touched (even driver cars) for less that 30 grand or so. For some reason, nowadays I see the really nice examples for that price and the driver quality cars are much less.
Not fair to compare the values of 63-67's to the 68-72's it's like comparing apples to oranges. The really clean original no bs 68-72's are bringing pretty good prices and the parts for them are up also as they are in demand. And documented Big Blocks with AC verts are not easy to find and do well.
Not fair to compare the values of 63-67's to the 68-72's it's like comparing apples to oranges. The really clean original no bs 68-72's are bringing pretty good prices and the parts for them are up also as they are in demand. And documented Big Blocks with AC verts are not easy to find and do well.
The way i asked is fair, not fruit,
I asked will 68 to 72 corvettes see the prices 63 to 68 do..
I did compare a 66 and 70 in prices, to show the amount i was talking about.
Last edited by The13Bats; Jun 29, 2017 at 10:10 PM.
I don't think they will ever catch up with C2s or for that matter C1s. That said, if you listen to the "experts" prices on C2s have moderated the last year or so. I think it is a temporary trend, but I can give an example that might support the idea that they could actually deflate in value.
My wife has always wanted a 55-57 T-bird. At one time, these couldn't be touched (even driver cars) for less that 30 grand or so. For some reason, nowadays I see the really nice examples for that price and the driver quality cars are much less.
They used to say that the C2's would never be worth what the C1's were worth but look at them today . Many people prefer the C2's because they have better suspensions and brakes . The same thing has been happening to the 68-72's especially the convertibles and 4 speeds in the last couple years and they continue in their popularity . And the C3's have the same basic chassis and running gear as the C2's .
i would easlly trade my 70 big block convertible and 20K for a similar condition big block 66 or 67 convertible. it would probably cost me more than 20K..
so, no, the prices are not converging.
i would easlly trade my 70 big block convertible and 20K for a similar condition big block 66 or 67 convertible. it would probably cost me more than 20K..
so, no, the prices are not converging.
the13bats, put a front end on that car of yours and it might be worth a chunk of money!!!!!!!!!
My personal car isnt why i started this thread, i truly do not care what its worth as i wont be selling it,
I have seen so many old cars going up high in price, many spanking the chrome c3s, in fact to me in a way c3s in general seem to still be the bargain in all that,
I actually am a bit lost why c3s are doing a little better.
I'm new around here....curious if folks here see "distressed" sales on these chrome bumper cars frequently.
Is it possible to "flip" decent $25-30k ones, consistently, for a few grand profit each? I see a lot of cars getting sold here fairly quickly......hmmm.
It seems to be a trend As time goes by and the prices of certain new cars go up, their collectible older models develope an upward pace to follow.
I believe Corvettes of C2 and C3 years are trading at a bit of a catch-up and the Chrome bumper years are going through a sort of growing pains right now.
All these car auctions no doubt have an influence on the prices we see. 2nd gen Camaros and Firebirds were made in numbers far exceeding Corvettes in any year, yet they (F bodies) are selling 2, 3
X's or more. Right now 3rd generation F bodies are 50% higher now then just 2 years ago just for project and parts cars.
I'm new around here....curious if folks here see "distressed" sales on these chrome bumper cars frequently.
Is it possible to "flip" decent $25-30k ones, consistently, for a few grand profit each? I see a lot of cars getting sold here fairly quickly......hmmm.
The tone of past threads is that buying a Corvette as an "investment" is a fool-hardy idea. The few that can be had at a low enough price would require more in repairs than it would sell for.
One of the favorite sayings I`ve seen posted is "It would take 20 grand to build a 10 grand car".
I`d say "Flipping" Corvettes as an investment strategy is a high risk venture. It may be possible to make money on buying & selling.... but it wouldn`t be much, and it wouldn`t be quick.
I paid $25k for mine in 2004 when NADA said high retail was $32k. I now have $67k into it and NADA is saying high retail is $75k. I realize people do not believe NADA but their data is just as reliable as any insurance company and certainly better than any individual's personal opinion.
What is really happening is devaluation of the dollar. One hundred dollars today is the same as $16.37 in 1970. We should not be fooled by Wrangler jeans at Wal-Mart for $17.
The way I look at it...I didn't pay too much for mine, I just bought it too early.
Last edited by Faster Rat; Jun 30, 2017 at 08:20 AM.
i don't think they will converge. although the fake c2's out there as a percentage of total are
way too much. a very high profit potential. not so much so for a fake c3.