Pay what you want. I'm just saying I would not pay anything north of $2000 by looking at the pictures. After being in the Corvette hobby for 25 years and have been fixing and modifying my 1971 Convertible and know what it takes and how much it's going to cost. If the frame and birdcage are good and EVERYTHING is there and it's # matching I might go up to $3000 $3500 but nothing more. It's nothing special, it's just another mid '70's car.

 

It sounds like you have car fever and are willing to pay a premium for this car. I hope you enjoy the car and it is everything you hope for. The people on here are basically just suggesting the price may be on the high side and perhaps it may benefit you to look at similar cars and compare pricing.

Disclaimer: I am not an expert or a mechanic. The one concern I would have though is why the valve cover are blistered? The paint seems to have been burned off of them, hence the rust. Perhaps this car could have overheated in the past? If so, how was it repaired?

 

Well, I am a Corvette expert, and I agree with Greg.
Not many more than 4000 made and the last year of a C3 Roadster with both tops makes it a bit of a rare car in the big scheme of things compared to other years.
Think on this; over 14,000 1967 Corvette convertibles were made, but only 4600 1975 Convertibles were made. So which is the rarer car? As time goes on, the rarity of the '75 Roadster will begin to speak to it's value.

I know that pictures can lie, but from what I can see, it looks to be bone stock original which makes restoring it a lot easier, AND less expensive because a lot of the original parts will clean up just fine.
What to look for: look inside all the fenders for previous body repair. If you don't know what you're looking for, pay a pro to look at it for you.
Ask if you can pull the right side dash panel and kick panel (the easiest panels to pull). That would give you access to inspect the bird cage for serious rust.
If those two areas look good, then it is easily worth $10 G's. Put $15 G's into it (it likely won't cost that much if you do a lot of the work yourself) and you'll end up with a $40,000 car.
An ugly paint job and a bunch of dirt in no way makes it a $2000 car. I'd pay $8500 for it in a heartbeat as is (if I lived nearby), and I'm not even shopping for another one.
If I really wanted another '75 Roadster, $10,500 is a reasonable asking price, but a price I think could be negotiated a bit.
With 4600 made, and likely only about 3000 left due to attrition (totaled accidents and abused and/or ugly customized rust buckets not worth restoring), you might want to consider; they aren't making any more '75 Corvette Convertibles... ever.
IF it was a coupe, I would definitely pass on that price as being not quite so special of a car. In that case, I would pay maybe $3000 as it sits, but it's originality and base condition would still make it a good candidate for restoration if my above no-rust and no-damage requirements were met.

NADA Convertible: https://www.nadaguides.com/Cars/1975...ertible/Values
NADA Coupe: https://www.nadaguides.com/Cars/1975...r-Coupe/Values
Note that the Convertible is worth about twice as much as the coupe according to NADA.

 

[QUOTE=cuisinartvette;1597966879]x2 its intact but sure needs a lot. Making a hot rod or restoring?
I wouldnt even offer 5k no way its worth 10.

Bet thats a flip he picked up for a couple grand[/QUOTE]

While i dont see a 10.5k car i do see a lot of ridiculous lowballs here that if the person making the lowball was the seller/owner they wouldnt let it go that cheap, and would get buttchapped over it.

Scored for a couple grand,? Maybe...

Makes me recall one case i saw, a guy buys a basketcase dirt cheap lowball, lists it that night about 5 times what he paid, it has sat for months no takers,

Gotta love those flippers.

 

 

I have seen this a lot, a non vette person buys some basket case c3 for peanuts and thinks its gold,
Even vette savvy flippers do it,

But it throws any of them off if a person inspecting the car is vette savvy, some get really upset when that "gold" is exposed as all rusty.

And then when we pass on it they bray that we want something for nothing.

 

Highflight posted a link to nada showing a 40k book value for 75 vert, 23k for coupes. Man that is good to know our cars are worth that much!!!

 

I believe it will be a long wait for any 75 to fetch 40k

What really sucks out loud is i read on here some states base taxes on nada values...yikes!

 

Location has a lot to do with price. Vettes maybe are getting more money in your area which would dictate the price. I paid 11k for my '75 vert which was in much better condiion than this one. Mine came out of california and I could not believe how nice the condition of the frame was. Your biggest expense could be paint. Depending on who you know. I love my '75

 

Punisher,
Allow me to clarify that when i say things like i did in my last reply about 75 prices, i am not meaning that as any kind of disparaging remark,
I do not view c3s as investments but rather cars and for me the return is the fun in working on them and driving them,
Before i bought my 69 ( convertible was the must )
I almost bought a 75 convertible, 502, 5 speed. But it was half way across the usa and the seller was a bit squirrelly about rust and sending specific pictures, had it passed that i would have been better off with it than my 69.

 

NADA values are based on actual sales figures. They don't pull price values out of their asses. NADA values are relied upon by major insurance companies as well as anyone in the car business.

You say it will be a long wait, but a '75 Roadster is already a special car cut out from most of the C3 Coupes, and also cut out from the other C3 Convertables due to it's limited number that were made, and even more so by the fact that it was the LAST convertible made in the C3 body style.

I'm reminded by this discussion back when you could pick up '66 and '67 Big Block Vettes for not much more than $2K, sometimes less.
I also remember when those same Coupes brought more than the Convertibles. If 13Bats lived in the '70's when that was the case, I wonder if he would have thought that an easily bought $2000 car would later be worth over $100K easily, and some have brought close to a quarter of a mil.
The point is... whatever you pay for a '75 Roadster, it's not going to lose any value. If a person were under 30 years old and intended to keep it a couple of decades, it just might factor into his retirement planning.

 

 

I paid $10,500 for my 75 convertible with a 550 horse 406 with less than 5000 miles in it along with a freshly built 400 turbo and 3500 stall converter. Interior was decent, paint was decent and a nice set of wheels and tires. Suspension and steering were worn out, but the car had zero rust. It looked funny, at least to me, with a Mr Gasket scoop sticking out of a big hole in the hood, a fake roll bar, trumpet tail pipe ends and the back end jacked up.

Of course I had to take it completely apart and spend a small fortune on it. I sold the engine and tranny because I had my 406 and Art Carr 700R4 that would run circles around the the 406 in the car. I also sold the wheels and tires. Even with that money back out of the car, I'm ridiculously upside down in it, but I don't care. I think that's how you have to look at these cars. If it makes you happy, who cares about the value.

As far as this car goes, it's got two big things going for it. It is a convertible and it is smog exempt in California, which is a big deal in that state.

Mike

 

Don't feed the troll.

 

Jeff,
If I understand one of your last posts correctly, you've decided to pass on this car? If that is so, would you mind passing the seller's contact info along to me? If you're still considering the car I won't mess up your game. I can find something else.
Greg

 

I agree with you. I would find it hard to believe a'75 would bring 40K. Maybe mid 20s for a really nice original one

 

Right, hes doing the same in another thread,
You can lead a horse to knowledge but you cant make him think.