Need your help with a 69 convert value
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Joined: May 2016
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From: Grayslake Illnions
Need your help with a 69 convert value
As some of you may know my last 69 was a experience I rather not repeat so I am asking for help on this one. I have found one that been storage for 20yrs asking price $ 37 +. Now the car is a Non matching 427 390hp 4speed unit according to him I have not been able to confirm due no vin. He is a small time dealer and not used to classic cars from I can see of his wed site. I have not told where to look yet either until I got more info on the real value of this unit. I know his price is but how high he did say it was running, so that tells me that he started it. any suggestions?
Here are some pics of the car.
Craig
Here are some pics of the car.
Craig
Melting Slicks
Joined: Jul 2006
Posts: 3,103
Likes: 802
From: Massapequa Park NY
The price is WAY too high.
You can get a nice original drive train 427 4 speed for $37k.
The original color was either green or black based on the paint behind the blue VIN door sticker.
It has an original radiator. I like that. But that's about it.
You can get a nice original drive train 427 4 speed for $37k.
The original color was either green or black based on the paint behind the blue VIN door sticker.
It has an original radiator. I like that. But that's about it.
Team Owner
Joined: Sep 2006
Posts: 31,267
Likes: 4,362
From: Westminster Maryland
Hi Craig,
The BIG upside is that it's a 69 convertible… no doubt about that.
Certainly the FIRST thing to determine is whether the frame or birdcage have any rust problems.
With that information you can then begin to narrow down just what the car WAS, and now IS, and what would be an APPROPRIATE amount of $$$ to pay for it.
As ED posted the $37,000 price is pretty optimistic for the seller…. since it's value is likely considerably less than that.
Perhaps some more photos and details will help folks with 69 bb knowledge and experience give you some guidance as to what might be a wise offer to make.
Regards,
Alan
The BIG upside is that it's a 69 convertible… no doubt about that.
Certainly the FIRST thing to determine is whether the frame or birdcage have any rust problems.
With that information you can then begin to narrow down just what the car WAS, and now IS, and what would be an APPROPRIATE amount of $$$ to pay for it.
As ED posted the $37,000 price is pretty optimistic for the seller…. since it's value is likely considerably less than that.
Perhaps some more photos and details will help folks with 69 bb knowledge and experience give you some guidance as to what might be a wise offer to make.
Regards,
Alan
Last edited by Alan 71; Aug 14, 2017 at 01:11 PM.
Thread Starter
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Joined: May 2016
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From: Grayslake Illnions
Hi Craig,
The BIG upside is that it's a 69 convertible… no doubt about that.
Certainly the FIRST thing to determine is whether the frame or birdcage have any rust problems.
With that information you can then begin to narrow down just what the car WAS, and now IS, and what would be an APPROPRIATE amount of $$$ to pay for it.
As ED posted the $37,000 price is pretty optimistic for the seller…. since it's value is likely considerably less than that.
Perhaps some more photos and details will help folks with 69 bb knowledge and experience give you some guidance as to what might be a wise offer to make.
Regards,
Alan
The BIG upside is that it's a 69 convertible… no doubt about that.
Certainly the FIRST thing to determine is whether the frame or birdcage have any rust problems.
With that information you can then begin to narrow down just what the car WAS, and now IS, and what would be an APPROPRIATE amount of $$$ to pay for it.
As ED posted the $37,000 price is pretty optimistic for the seller…. since it's value is likely considerably less than that.
Perhaps some more photos and details will help folks with 69 bb knowledge and experience give you some guidance as to what might be a wise offer to make.
Regards,
Alan
Thread Starter
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Posts: 75
Likes: 11
From: Grayslake Illnions
Thread Starter
Advanced
Joined: May 2016
Posts: 75
Likes: 11
From: Grayslake Illnions
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Melting Slicks
Joined: May 2009
Posts: 3,079
Likes: 315
2024 C3 of the Year Finalist - Unmodified
But it is a red BB convertible, what more could a person want? For $37k, keep looking. That thing is wrong from one end to the other. When a fish is rotten, it stinks from the head to the tail.
Melting Slicks
Joined: Feb 2017
Posts: 3,232
Likes: 1,232
From: PHX AZ
I have a 69 two top side exhaust car.
From the brutally honest dept....WAAAY to much money asked. $27,000 max.
Non matching, crappy paint, wrong color, everything is kind of skew wiff. sitting for ages...
Keep looking! Apparently the current owner is confusing this with a 427/435 hp...L-88...kidding, but many don't realize that a low po BB is worth LESS than a 350/350.
good luck.
From the brutally honest dept....WAAAY to much money asked. $27,000 max.
Non matching, crappy paint, wrong color, everything is kind of skew wiff. sitting for ages...
Keep looking! Apparently the current owner is confusing this with a 427/435 hp...L-88...kidding, but many don't realize that a low po BB is worth LESS than a 350/350.
good luck.
Instructor
Joined: Sep 2011
Posts: 145
Likes: 22
From: San Francisco CA
A car that has been sitting for so long will require a lot of money immediately to be put in service. Thousands if you don't do your own work-belts, hoses, tune, carb rebuild, tires, suspension, radiator and gas tank service, fluids, filters. In the next year a lot of other needed repairs will surface. Buy a cherry car or pay bottom dollar for a project (which is what this car is) if you like wrenching
Burning Brakes
Joined: Oct 2003
Posts: 1,133
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From: Springboro Ohio
Pass on it. If your budget is $37k plus then you have much better choices. Be patient. It took me a year and a half to find the right rubber bumper car to use for fun. Heck just look in the C3's for sale section. Just today a 71' LS-5 went for sale with a 4 speed for $35K or so.
Thread Starter
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Joined: May 2016
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From: Grayslake Illnions
Thank you all that what I was thinking I guess after my last one I just wanted make sure. I wasn't letting something in rough slip by. Now if someone else is interested in the car its located KE, at Wheel-N-Deal Auto Sales Inc you can check out his web site Kent Preston is the owner and selling the car from what I was able to put together he a small town dealer and not familiar with classic cars at all. Again thank you all for you advice on this corvette!
Craig
Craig
Safety Car
Joined: Sep 2007
Posts: 4,458
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From: Indy Indiana
it does not have to be so 'correct' to be worth 37, but it has to have characteristics that take the place of originality and/or it's story that you may find will justify the increment in price.
for example extremely good condition, a fresh 10K paint job, zero rust, freshly rebuilt mechanicals, lots of new stuff, a 5000$ sound system, etc, would justify an increment over a standard condition price.
for example extremely good condition, a fresh 10K paint job, zero rust, freshly rebuilt mechanicals, lots of new stuff, a 5000$ sound system, etc, would justify an increment over a standard condition price.
Thread Starter
Advanced
Joined: May 2016
Posts: 75
Likes: 11
From: Grayslake Illnions
it does not have to be so 'correct' to be worth 37, but it has to have characteristics that take the place of originality and/or it's story that you may find will justify the increment in price.
for example extremely good condition, a fresh 10K paint job, zero rust, freshly rebuilt mechanicals, lots of new stuff, a 5000$ sound system, etc, would justify an increment over a standard condition price.
for example extremely good condition, a fresh 10K paint job, zero rust, freshly rebuilt mechanicals, lots of new stuff, a 5000$ sound system, etc, would justify an increment over a standard condition price.
Racer
Joined: Feb 2017
Posts: 310
Likes: 33
From: Green Valley AZ
I am currently in the midst of a mechanical restoration of a 1969 427/390hp 4 speed coupe and I am around 20k deep and close to being done, by the end I will probably be in it 25k and that is with a friend doing most of the work and me helping when our schedules match. 37k + 25k = 62k. I think it is time to pass. Even if you look the car over with a fine toothed comb, there will always be more things you find as you work on the car.
I got my 69 from a friend and it had sat for 13 years and was likely going to need an engine overhaul (was making knocking noises) She wanted to know where the car would be and wanted to know that the car would be well taken care of, so she sold it to me for what she paid 13 years ago which was 16k. She also wanted the option to buy it back after I had the Vette back on the road for 16k + what I had to spend to get it up and running, safe and reliable. I have some videos posted in this forum showing the progress. Had I not gotten the for the price I did, I would be WAYYYY underwater. As it is, I may come out close to even. Good luck in your search!!!
I got my 69 from a friend and it had sat for 13 years and was likely going to need an engine overhaul (was making knocking noises) She wanted to know where the car would be and wanted to know that the car would be well taken care of, so she sold it to me for what she paid 13 years ago which was 16k. She also wanted the option to buy it back after I had the Vette back on the road for 16k + what I had to spend to get it up and running, safe and reliable. I have some videos posted in this forum showing the progress. Had I not gotten the for the price I did, I would be WAYYYY underwater. As it is, I may come out close to even. Good luck in your search!!!
Last edited by Bart K; Aug 16, 2017 at 01:14 PM.