1971 Corvette
Thread Starter
Pro
Joined: Jan 2016
Posts: 534
Likes: 12
From: Ohio
1971 Corvette
Looking at LS5., matching numbers original drivetrain, no hit body, matching frame and suspension. Only drawback, car was stolen in 12/1979 and recovered 5 states away being driven in 4/1980. appx. 4 months later and returned to state stolen from. Car was in tact and being driven. State police then had to put an assigned vin tag on car. Any input?
I spoke to the State Patrol in the state it was stolen from and they researched it for me and supplied the info to me.
I spoke to the State Patrol in the state it was stolen from and they researched it for me and supplied the info to me.
Race Director
Joined: Jul 2015
Posts: 13,082
Likes: 3,399
From: SW Florida.
Matching numbers 454 car. 40k if really nice. That is without the VIN issue. I would think 25 to 30 tops as-is, assuming it looks like 40k. Cuz it will be discounted when you want to sell it. Look at other LS5 cars in similar condition to get a base line or to buy instead.
Team Owner
Joined: Jun 2000
Posts: 38,923
Likes: 1,482
From: Southbound
Cruise-In II Veteran
Thread Starter
Pro
Joined: Jan 2016
Posts: 534
Likes: 12
From: Ohio
1971 Corvette
Corvette has had a clear title and still has a clear title since 1981. As far back as I could check before pondering on buying. State Police said they put their tag on it when it was recovered and sent back to the state it was stolen from. Who ever stole it must have done something with the vin tag on it because it was recovered with a plate on it being driven.
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Safety Car
Joined: Sep 2007
Posts: 4,458
Likes: 331
From: Indy Indiana
make sure the title is clear and marketable in all 50 states, else you will have trouble selling it, and you will have to continue to discount the car until your find a buyer.
as a result, if you are going to buy the car, make sure you pay the discounted price for it due to its history and possible marketability questions.
C3 big block cars usually have an asking price far above what they sell for.
as a result, if you are going to buy the car, make sure you pay the discounted price for it due to its history and possible marketability questions.
C3 big block cars usually have an asking price far above what they sell for.
Race Director
Joined: May 2006
Posts: 18,734
Likes: 2,582
Team Owner
Joined: Oct 2004
Posts: 81,241
Likes: 3,063
From: altered state
St. Jude Donor '05
If its legit I dont see the problem with buying it? So come resale time I bet youll find most are not so squeamish about it if they have been around cars for awhile. If youre going to want "all the money" then perhaps it isnt the car
I go buy condition over anything else...Without pics Id also go with 20s to 30.
Couple years ago it was common to see restored cars of all types going for 30-40k not so much today. Guys wanting "appraised value" good luck!!lol
I go buy condition over anything else...Without pics Id also go with 20s to 30.
Couple years ago it was common to see restored cars of all types going for 30-40k not so much today. Guys wanting "appraised value" good luck!!lol
Last edited by cv67; Dec 22, 2018 at 11:39 AM.
Racer
Joined: Aug 2018
Posts: 380
Likes: 170
From: Erath County Texas
According to NADA, my L48 (270 HP 350/auto) rings 36-45
I'd think the LS5 would be at least 20% more?
IDK. Part of the "do it" was getting mine for 23 in pristine condition (even new BFGs) ... lacking only an operative air cond and in need of weather stripping. Guess I wouldn't really know until I offer to sell it ... or actually sell it. (no plans for that, though)
Le Mans Master
Joined: Jun 2006
Posts: 6,400
Likes: 1,226
From: Tampa Florida
Looking at LS5., matching numbers original drivetrain, no hit body, matching frame and suspension. Only drawback, car was stolen in 12/1979 and recovered 5 states away being driven in 4/1980. appx. 4 months later and returned to state stolen from. Car was in tact and being driven. State police then had to put an assigned vin tag on car. Any input?
I spoke to the State Patrol in the state it was stolen from and they researched it for me and supplied the info to me.
I spoke to the State Patrol in the state it was stolen from and they researched it for me and supplied the info to me.
Good luck.
Race Director
Joined: May 2006
Posts: 18,734
Likes: 2,582
really?
According to NADA, my L48 (270 HP 350/auto) rings 36-45
I'd think the LS5 would be at least 20% more?
IDK. Part of the "do it" was getting mine for 23 in pristine condition (even new BFGs) ... lacking only an operative air cond and in need of weather stripping. Guess I wouldn't really know until I offer to sell it ... or actually sell it. (no plans for that, though)
According to NADA, my L48 (270 HP 350/auto) rings 36-45
I'd think the LS5 would be at least 20% more?
IDK. Part of the "do it" was getting mine for 23 in pristine condition (even new BFGs) ... lacking only an operative air cond and in need of weather stripping. Guess I wouldn't really know until I offer to sell it ... or actually sell it. (no plans for that, though)
Le Mans Master
Joined: Jun 2006
Posts: 6,400
Likes: 1,226
From: Tampa Florida
really?
According to NADA, my L48 (270 HP 350/auto) rings 36-45
I'd think the LS5 would be at least 20% more?
IDK. Part of the "do it" was getting mine for 23 in pristine condition (even new BFGs) ... lacking only an operative air cond and in need of weather stripping. Guess I wouldn't really know until I offer to sell it ... or actually sell it. (no plans for that, though)
According to NADA, my L48 (270 HP 350/auto) rings 36-45
I'd think the LS5 would be at least 20% more?
IDK. Part of the "do it" was getting mine for 23 in pristine condition (even new BFGs) ... lacking only an operative air cond and in need of weather stripping. Guess I wouldn't really know until I offer to sell it ... or actually sell it. (no plans for that, though)
Melting Slicks
Joined: Oct 2003
Posts: 2,189
Likes: 830
From: Chapel Hill NC
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