Value?
Thread Starter
Instructor
Joined: Oct 2017
Posts: 149
Likes: 46
From: Lake Worth Florida
Value?
Second post from a FNG. I just bought a nice "ten footer" 69 l46 four speed coupe. No doubt it needs work but is very solid and has the original engine on a stand. The previous owner said it was smoking and had another '69 l46 mildly built up and installed it. Lemans blue with bright blue interior. Side pipes are there but not original to car. Mileage shows 84,000. Ok down to the question. What is the car worth? Im not selling as I'm beyond thrilled with the car. I just want to know if I paid too much, got a fair deal or got a great deal.
Last edited by Akroland; Oct 13, 2017 at 01:46 PM.
Drifting
Joined: Oct 2005
Posts: 1,615
Likes: 150
From: Forth Worth TX
In all likely hood, you paid too much, you'll be spending even more and when you go to sell you'll be lucky to get back half of what you've spent. 
Stop looking at prices, don't add up what you'll be spending and enjoy your new car.
Corvette math,
A $5K Corvette will cost you an additional $20K to make it worth $15K.
A $10K Corvette will cost you an additional $10K to make it worth $15K.
A $15K Corvette will cost you an additional $5k to make it worth $15K.
Stop looking at prices, don't add up what you'll be spending and enjoy your new car.
Corvette math,
A $5K Corvette will cost you an additional $20K to make it worth $15K.
A $10K Corvette will cost you an additional $10K to make it worth $15K.
A $15K Corvette will cost you an additional $5k to make it worth $15K.
Last edited by Revi; Oct 13, 2017 at 02:32 PM.
Racer
Joined: Sep 2015
Posts: 250
Likes: 29
Revi is right, dont worry about the numbers. Unless you're an investor trying to make money, ignore those numbers and put more value on what you said below !
The happiness you get from the car is worth way more !
Enjoy your car, it's a beauty !
The happiness you get from the car is worth way more !
Enjoy your car, it's a beauty !
Team Owner
Joined: Sep 2006
Posts: 31,267
Likes: 4,362
From: Westminster Maryland
Hi A,
At this point it really makes no difference what anyone's opinion is about what it's worth, or what you should have paid for it.
YOU established the CURRENT MARKET for THIS car when you bought it.
It looks like a nice car and if it isn't rusty it will hopefully give you lot's of pleasure.
Did the spare-tire tub and spare come with it?
Regards,
Alan
Revi's math is just about right!!!
At this point it really makes no difference what anyone's opinion is about what it's worth, or what you should have paid for it.
YOU established the CURRENT MARKET for THIS car when you bought it.
It looks like a nice car and if it isn't rusty it will hopefully give you lot's of pleasure.
Did the spare-tire tub and spare come with it?
Regards,
Alan
Revi's math is just about right!!!
Last edited by Alan 71; Oct 13, 2017 at 02:49 PM.
Race Director
Joined: Jan 2002
Posts: 11,614
Likes: 350
From: No Where USA
I paid 17k for a original LS5 and auto. That was a 10 footer. Unfortunately it had a 327 in it. So I took that out and put a 502 and an M22 into. Plus a new interior, new brakes, basically new everything. I now have an additional 20k into. But I am having fun.
Melting Slicks
Joined: Mar 2006
Posts: 3,456
Likes: 102
From: Piedmont Va
St. Jude Donor '11-'12-'13,'19-'20
Welcome, and nice looking 69. 
At this point in time it's worth what you paid for it, but as others have said, the value is in the fun of fixing it, improving it, and most of all driving it! My recommendation is never have it down for long periods of time. Keep it running and address and finish each area of focus before moving to the next.... 
At this point in time it's worth what you paid for it, but as others have said, the value is in the fun of fixing it, improving it, and most of all driving it! My recommendation is never have it down for long periods of time. Keep it running and address and finish each area of focus before moving to the next....
Thread Starter
Instructor
Joined: Oct 2017
Posts: 149
Likes: 46
From: Lake Worth Florida
Hi A,
At this point it really makes no difference what anyone's opinion is about what it's worth, or what you should have paid for it.
YOU established the CURRENT MARKET for THIS car when you bought it.
It looks like a nice car and if it isn't rusty it will hopefully give you lot's of pleasure.
Did the spare-tire tub and spare come with it?
Regards,
Alan
Revi's math is just about right!!!
At this point it really makes no difference what anyone's opinion is about what it's worth, or what you should have paid for it.
YOU established the CURRENT MARKET for THIS car when you bought it.
It looks like a nice car and if it isn't rusty it will hopefully give you lot's of pleasure.
Did the spare-tire tub and spare come with it?
Regards,
Alan
Revi's math is just about right!!!
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Race Director
Joined: Jan 2001
Posts: 16,221
Likes: 118
From: Matthews NC
Burning Brakes
Joined: Aug 2009
Posts: 1,037
Likes: 103
From: Brisbane Queensland
Hi Akroland,
That's a very nice '69, however the paint is much too dark for LeMans Blue. LeMans Blue is
much lighter, my '69 vert is LeMans Blue with Bright Blu interior.
Have fun it's a very nice looking Vet.
That's a very nice '69, however the paint is much too dark for LeMans Blue. LeMans Blue is
much lighter, my '69 vert is LeMans Blue with Bright Blu interior.
Have fun it's a very nice looking Vet.
Burning Brakes
Joined: Sep 2006
Posts: 1,071
Likes: 86
From: Rotonda FL
Enjoy your Corvette and don't worry about it until you are ready to sell.
Melting Slicks
Joined: Aug 2004
Posts: 3,151
Likes: 294
From: Opelousas, Lousiana
CI 6-7 & 9 Veteran
Lemans Blue was the only blue available in 1969. It was probably repainted. My 72 is targa blue and it looks like it is close ot that or perhaps Bryar Blue.
Safety Car
Joined: May 2008
Posts: 3,753
Likes: 721
From: Lafayette Louisiana
Too Funny! and True!!
In all likely hood, you paid too much, you'll be spending even more and when you go to sell you'll be lucky to get back half of what you've spent.
Stop looking at prices, don't add up what you'll be spending and enjoy your new car.
Corvette math,
A $5K Corvette will cost you an additional $20K to make it worth $15K.
A $10K Corvette will cost you an additional $10K to make it worth $15K.
A $15K Corvette will cost you an additional $5k to make it worth $15K.
Stop looking at prices, don't add up what you'll be spending and enjoy your new car.
Corvette math,
A $5K Corvette will cost you an additional $20K to make it worth $15K.
A $10K Corvette will cost you an additional $10K to make it worth $15K.
A $15K Corvette will cost you an additional $5k to make it worth $15K.
Super Nice Corvette!!!
(My avator is LeMans Blue for 68, LeMans Blue for 69 is a tad different and different paint code too.)
Last edited by 20mercury; Oct 16, 2017 at 11:11 AM.
Team Owner
Joined: Mar 2002
Posts: 44,672
Likes: 1,830
From: Huntsville AL