C3 General General C3 Corvette Discussion not covered in Tech
Sponsored by:
Sponsored by:

C3 values - 1978 - 1982

Thread Tools
 
Search this Thread
 
Old 03-07-2019, 11:44 AM
  #1  
luvchevs
Melting Slicks
Thread Starter
 
luvchevs's Avatar
 
Member Since: Oct 2007
Location: Ontario
Posts: 2,334
Received 9 Likes on 5 Posts

Default C3 values - 1978 - 1982

Just wondering why the prices on these cars seem low in comparison to many others?
I am well aware that many consider the C2 to be the best Vette ever and the Chrome bumper C3's are considered by many to be better looking and more performance oriented than the rubber bumper cars. What I find odd is that 78 - 79 Trans Ams seem to bring a lot more $ than the same year Vette and If the TA is the black and gold edition the spread is much greater. The black and gold TA's are not really rare, I remember them be common back in the day. It seems even a comparable Z/28 Camaro will bring more $ in some cases than a comparable Vette and I find this odd.
Just wanted to see what you guys think?
Do you think these Vettes are due for a jump in Value?
I look forward to your opinions.

Dave

Last edited by luvchevs; 03-07-2019 at 12:21 PM.
Old 03-07-2019, 12:03 PM
  #2  
L-46man
Melting Slicks
 
L-46man's Avatar
 
Member Since: Feb 2017
Location: PHX AZ
Posts: 3,235
Received 1,218 Likes on 844 Posts
Default

Dave; Just one man's opinion...I don't care! This is nostalgia driven. Common sense does not come into it. MY HOBBY is not about money,selling prices, what other cars are worth etc...In fact I find EVEN the threads that say 'how much my car is worth to be unseemly, money grubbing and not TRUE to the hobby.

They made a lot less C-2's that drives the value up.
Perfect T/A's are fairly rare....many of those T/A's are in poor shape....so why aren't THEY put into the matrix?

Heisenberg uncertainty principle (paraphrased) The fact that an observer is conducting a test CHANGES the test. So applying this....C-3 L-88's go for a fortune...aren't these in your 'low value matrix'. You need a better information mixture.

C-3's Production was 535,000 cars.....no rarity there. The 'special' RPO's are selling for a TON.

They way I look at it is. 1. I'm keeping mine! 2. More for me! 4. Thank god it's not a C-4!

Steady rise a few percent a year for the more common cars, precipitous rise for the truly rare ones. Break- the-bank for the 'greats'.

The nostalgia driven BUYERS are getting older and older....the next generation would rather spend the bux on a Nissan Sylvia! LOL.

Unkahal
Old 03-07-2019, 12:08 PM
  #3  
bashcraft
Le Mans Master
 
bashcraft's Avatar
 
Member Since: Jan 2006
Location: Butler Pa
Posts: 6,391
Received 109 Likes on 83 Posts

Default

Originally Posted by luvchevs
What I find odd is that 78 - 79 Trans Ams seem to bring a lot more $ than the same year Vette and If the TA is the black and gold edition the spread is much greater. The black and gold TA's are not really rare, I remember them be common back in the day. It seems even a comparable Z/28 Camaro will bring more $ in some cases than a comparable Vette and I find this odd.
I don't. More people prefer the Trans Am. I believe they are rare, at least around here. I can't remember the last time I saw one. Honestly, if I had my choice between a 78 TA and a 78 Corvette, I'd take the TA.
Old 03-07-2019, 12:09 PM
  #4  
pmr2000
Pro
 
pmr2000's Avatar
 
Member Since: Oct 2015
Location: Raleigh area, NC
Posts: 651
Received 44 Likes on 42 Posts
Default

Agreed also think it is odd - if you try to base it on logic Corvettes were always more expensive and rarer than Mustang's and Camaro's. Agree it is just the nostalgia thing a lot of people want what they had or wish they had....and as the generations age some older cars will likely go down from their peak values. Don't think there will ever come a time someone won't value any sports or muscle car. So we should buy what we like and enjoy!
Old 03-07-2019, 12:11 PM
  #5  
vettebuyer6369
Administrator
 
vettebuyer6369's Avatar
 
Member Since: Jul 2000
Location: About 1100 miles from where I call home. Blue lives matter.
Posts: 51,409
Received 5,326 Likes on 2,774 Posts

Default

I think one problem is the ‘79 was the largest production point in the car’s series, driving down their value and the ‘78s. The 80-82 suffer the end of the production run, low performance market blues, with the computer in 81 and TBI in 82 not helping things at all. Finally, the ‘77s flat rear window design might give it a hair more nostalgia, accounting for a slight advantage over the later rubber bumper car market.

I see the (73) 74-82 market staying pretty comparable and level for the time being. Even the chrome bumper cars aren’t really selling all that strongly right now; my opinion is that series would have to show significant improvement before the rubber bumper cars follow suit.

Last edited by vettebuyer6369; 03-07-2019 at 12:12 PM.
Old 03-07-2019, 12:16 PM
  #6  
L-46man
Melting Slicks
 
L-46man's Avatar
 
Member Since: Feb 2017
Location: PHX AZ
Posts: 3,235
Received 1,218 Likes on 844 Posts
Default

Touching on what our moderator says (sort of) If the C-8 comes out north of $100K....then 'the rising tide will raise all boats'.

PS They don't make Poncho's anymore either...but they still make Corvettes.

unka
Old 03-07-2019, 12:20 PM
  #7  
vettebuyer6369
Administrator
 
vettebuyer6369's Avatar
 
Member Since: Jul 2000
Location: About 1100 miles from where I call home. Blue lives matter.
Posts: 51,409
Received 5,326 Likes on 2,774 Posts

Default

Originally Posted by L-46man
Touching on what our moderator says (sort of) If the C-8 comes out north of $100K....then 'the rising tide will raise all boats'.

PS They don't make Poncho's anymore either...but they still make Corvettes.

unka
While I generally agree with our great former president’s quote, I didn’t say, nor do I believe that the C8s price will help rubber bumper values. I believe an increase in 68-72 values will “raise the boats” of 73-82 cars. Purely IMO, of course.
Old 03-07-2019, 03:32 PM
  #8  
TommyFox
Melting Slicks
 
TommyFox's Avatar
 
Member Since: Jun 2011
Location: Leland , North Carolina
Posts: 2,099
Received 303 Likes on 210 Posts

Default

They have stayed the same for 20 years from owning some and looking recently. There are just too many out there still. Exceptions are very low mileage ones and nicely done modded cars depending on years. It's a bright side if you ask me common folk can still afford something you don't see much. It's crazy what new cars are costing these days as compared to salaries that don't reflect prices.
Old 03-07-2019, 03:42 PM
  #9  
L-46man
Melting Slicks
 
L-46man's Avatar
 
Member Since: Feb 2017
Location: PHX AZ
Posts: 3,235
Received 1,218 Likes on 844 Posts
Default

Individual experiences may vary......I have a 1982 Collectors Edition with 18,500 miles. I've had it 3.5 years now....It's 'worth' 2x what I bought it for...

Buy low and keep it!

CE's range fro $9500 for 'fer-shizzle' ones to 39k for the 'plastic wrapped' 500 milers.

Go out an price a Chevy pickup....holy moly! Talk about markup! Since when did a $17,000 pickup become a $60,000 pick up?....man those are some expensive USB ports!

unka
Old 03-07-2019, 03:45 PM
  #10  
Fast81
Melting Slicks
 
Fast81's Avatar
 
Member Since: Aug 2003
Location: dayton oh
Posts: 3,321
Received 250 Likes on 160 Posts

Default

GLAD they are cheap - i can afford my whole bucket list !!!!!!

as far as value, my executor can worry about that

Last edited by Fast81; 03-07-2019 at 03:46 PM.
Old 03-07-2019, 04:36 PM
  #11  
Big2Bird
Le Mans Master
 
Big2Bird's Avatar
 
Member Since: Dec 2006
Posts: 8,823
Received 1,014 Likes on 808 Posts

Default

I think rubber bumper cars are a bargain, and bargains dont last forever.
That being said, my crystal ball died years ago.
Old 03-07-2019, 05:10 PM
  #12  
brassplyer
Le Mans Master
 
brassplyer's Avatar
 
Member Since: Nov 2018
Posts: 9,886
Received 63 Likes on 47 Posts
Default

I was tickled to discover that C3's are relatively affordable since I've always considered them to be the slickest car design of all time. I was fortunate to find a bargain on one that's very intact and has the performance deficit issue solved with a crate motor that's much stronger than what came in an '80 originally and I like the fastback lines. And I found it locally without having to go through the drill of trailering.
Old 03-07-2019, 07:01 PM
  #13  
Bikespace
Le Mans Master
 
Bikespace's Avatar
 
Member Since: Mar 2017
Location: Northern Virginia
Posts: 9,071
Received 3,147 Likes on 2,335 Posts
Default

If you are worried about the sales price of a vinyl bumper C3 before you buy one, perhaps you have the wrong hobby. They made a lot of them, many of them were well cared for and lived in garages their whole life, and now there are still a lot of them around, so supply is high. The Trans-Am example was more likely to be abused and left outside. There are likely far fewer of them total left around, and a lot are in rough shape. Supply is low for those.

So C3s are a bargain now. Perhaps they stay that way. Perhaps they appreciate slowly with inflation (a nice vinyl bumper car costs about the same as it did new nearly 40 years ago). Unless you flip the car, or don't otherwise spend a dime on them, you will likely be upside-down immediately.

Buy the car to enjoy it! That is priceless.
Old 03-07-2019, 07:08 PM
  #14  
derekderek
Race Director
 
derekderek's Avatar
 
Member Since: Jul 2015
Location: SW Florida.
Posts: 13,022
Received 3,388 Likes on 2,633 Posts
Default

The problem is the Corvette by 68 was obviously special and collectable. Very few got junked compared to the steel cars that had the rear fenders rust out. So there are so many bad condition C3's out there depressing the market. I am proud owner of 1 of them.
Old 03-07-2019, 08:59 PM
  #15  
Iceaxe
Safety Car
 
Iceaxe's Avatar
 
Member Since: Sep 2013
Location: Draper Utah
Posts: 4,353
Received 2,609 Likes on 1,395 Posts

Default

Originally Posted by bashcraft
Honestly, if I had my choice between a 78 TA and a 78 Corvette, I'd take the TA.
X2

And the decision wouldn't even be close. Nice "Bandit Era" Trans-Ams at a good price are hard to find. 78-82 Corvette's not so hard.
Old 03-07-2019, 09:24 PM
  #16  
KingRat
Drifting
 
KingRat's Avatar
 
Member Since: Jan 2002
Posts: 1,779
Received 866 Likes on 419 Posts

Default

Originally Posted by luvchevs
Just wondering why the prices on these cars seem low in comparison to many others?
I am well aware that many consider the C2 to be the best Vette ever and the Chrome bumper C3's are considered by many to be better looking and more performance oriented than the rubber bumper cars. What I find odd is that 78 - 79 Trans Ams seem to bring a lot more $ than the same year Vette and If the TA is the black and gold edition the spread is much greater. The black and gold TA's are not really rare, I remember them be common back in the day. It seems even a comparable Z/28 Camaro will bring more $ in some cases than a comparable Vette and I find this odd.
Just wanted to see what you guys think?
Do you think these Vettes are due for a jump in Value?
I look forward to your opinions.

Dave
"Back in the day"...is the key phrase. Most of those really nice F-bodies have rotted away. '78-'82 vettes are plentiful and not much distinguishes them from each other.
Old 03-07-2019, 11:10 PM
  #17  
Miccara
Advanced
 
Miccara's Avatar
 
Member Since: Feb 2018
Posts: 84
Received 5 Likes on 4 Posts
Default

Ahhhh... I like my C3. I think 3's are one of the nicest Vettes ever built, especially with rubber bumpers!

Get notified of new replies

To C3 values - 1978 - 1982

Old 03-08-2019, 06:50 AM
  #18  
bazza77
Melting Slicks
 
bazza77's Avatar
 
Member Since: Jul 2010
Location: perth western australia
Posts: 3,099
Received 599 Likes on 533 Posts

Default

Originally Posted by Miccara
Ahhhh... I like my C3. I think 3's are one of the nicest Vettes ever built, especially with rubber bumpers!

That is a beautiful C3 , love the stance

Last edited by bazza77; 03-08-2019 at 06:52 AM.
The following users liked this post:
Miccara (04-27-2020)
Old 03-08-2019, 07:28 AM
  #19  
derekderek
Race Director
 
derekderek's Avatar
 
Member Since: Jul 2015
Location: SW Florida.
Posts: 13,022
Received 3,388 Likes on 2,633 Posts
Default

I dunno. I think a leetle overpriced... https://orlando.craigslist.org/cto/d...834202871.html

Last edited by derekderek; 03-08-2019 at 07:30 AM.
Old 03-08-2019, 05:45 PM
  #20  
av81
Racer
 
av81's Avatar
 
Member Since: Mar 2018
Location: wilmington Ma
Posts: 291
Received 26 Likes on 24 Posts
Default

Back in the late 70's and early 80's only young guys drove vettes as daily drivers the older guys kept them as second cars in garages , all the t/a's and mustangs ect were daily drivers rotting away and getting crashed leaving them alot more rare today and worth money , the vettes are plentyfull thats why the cost is lower , I remember one bud totaling a brand new turbo t/a with less than 2k miles on it back when it was new I always drove vettes back then had new 79,80,81,82 ,85,87,88 I miss those days I could not even think about buying new so back in a 81


Quick Reply: C3 values - 1978 - 1982



All times are GMT -4. The time now is 06:19 PM.