Corvette Value Question
Thread Starter
Pro
Joined: Jul 2013
Posts: 731
Likes: 64
From: Florida
Corvette Value Question
Hi,
I have a question that I'm hoping someone on the forum can help with.
If you had two 1972 Corvettes with the same options only difference being one car is all original (paint, interior, glass and drive train) in very descent shape and the other car has NOM and one repaint in original color interior and glass are original is there a difference in their value. Would the repainted car be more or would the survivor car be more
Pat
I have a question that I'm hoping someone on the forum can help with.
If you had two 1972 Corvettes with the same options only difference being one car is all original (paint, interior, glass and drive train) in very descent shape and the other car has NOM and one repaint in original color interior and glass are original is there a difference in their value. Would the repainted car be more or would the survivor car be more
Pat
1967 Pedal Car Champion
Joined: Mar 2020
Posts: 9,140
Likes: 4,248
From: US-PNW
For practically all '72s, right off the bat, the all original car has the potential to carry a much greater value than the NOM car.
Whether the difference in purchase price with the added restoration/rebuild puts you upside-down or not is another matter.
Whether the difference in purchase price with the added restoration/rebuild puts you upside-down or not is another matter.
Last edited by barkingrats; Jun 5, 2020 at 07:18 PM.
Safety Car
Joined: Sep 2007
Posts: 4,458
Likes: 331
From: Indy Indiana
but all things aren't equal... the NOM has a repaint which I suggest puts a higher condition factor on the NOM car.
if the original car has its 48 year old paint.. it is questionable as to its condition.. I would expect pretty horrible and the car will need a repaint. but we don'r have that info.
but then again others might put a original paint presentation as more desireable than a more recent paint job.
as usual you trade condition for numbers and in this case decide which you want more...
also depends on the engine, we don't have that info. big block.. i might take original...., small block base engine... I might take the better paint job
when you buy something you gotta paint plan on lots of grief and a thick wallet..
the thrill of an original engine glazes over the eyes of folks to the point of ignoring the condition of the NOM car.
if the original car has its 48 year old paint.. it is questionable as to its condition.. I would expect pretty horrible and the car will need a repaint. but we don'r have that info.
but then again others might put a original paint presentation as more desireable than a more recent paint job.
as usual you trade condition for numbers and in this case decide which you want more...
also depends on the engine, we don't have that info. big block.. i might take original...., small block base engine... I might take the better paint job
when you buy something you gotta paint plan on lots of grief and a thick wallet..
the thrill of an original engine glazes over the eyes of folks to the point of ignoring the condition of the NOM car.
Melting Slicks
Joined: Apr 2007
Posts: 3,189
Likes: 111
From: Tolland CT
but all things aren't equal... the NOM has a repaint which I suggest puts a higher condition factor on the NOM car.
if the original car has its 48 year old paint.. it is questionable as to its condition.. I would expect pretty horrible and the car will need a repaint. but we don'r have that info.
but then again others might put a original paint presentation as more desireable than a more recent paint job.
if the original car has its 48 year old paint.. it is questionable as to its condition.. I would expect pretty horrible and the car will need a repaint. but we don'r have that info.
but then again others might put a original paint presentation as more desireable than a more recent paint job.
Racer
Joined: Sep 2019
Posts: 400
Likes: 207
From: Liberty Bay, WA
Hi,
I have a question that I'm hoping someone on the forum can help with.
If you had two 1972 Corvettes with the same options only difference being one car is all original (paint, interior, glass and drive train) in very descent shape and the other car has NOM and one repaint in original color interior and glass are original is there a difference in their value. Would the repainted car be more or would the survivor car be more
Pat
I have a question that I'm hoping someone on the forum can help with.
If you had two 1972 Corvettes with the same options only difference being one car is all original (paint, interior, glass and drive train) in very descent shape and the other car has NOM and one repaint in original color interior and glass are original is there a difference in their value. Would the repainted car be more or would the survivor car be more
Pat
'If you had two 1972 Corvettes with the same options the only difference being one car is all original (paint, interior, glass and drive train) in very decent shape and the other car has ... one repaint in original color...'
I think most people would say that if the original paint was in decent shape, that car would be worth more.
'If you had two 1972 Corvettes with the same options the only difference being one car is all original (paint, interior, glass and drive train) in very decent shape and the other car is similar but has a NOM ...'
Again, I think most people would say that the car with the original motor would would be worth more.
So if both the original paint and the original motor add value, you would think that in general the original car would be worth more than the repainted car with a NOM. That said, in the end it all comes down to the specific buyer- if he likes shiny new paint more than the original lacquer, and prefers an ungraded powerplant over the original, the non-original car may be worth more to that specific buyer.
I'm in the market for a chrome-bumper roadster- or will be once air travel becomes reasonable again- and hope to find a really nice driver. So for me, I'd be happy to find a car with a shiny new paint job and an upgraded powertrain. Even so, if I found a comparable car that was all-original for the same price, I'd go with the original car every time.
Melting Slicks
Joined: Jul 2006
Posts: 3,103
Likes: 802
From: Massapequa Park NY
Well, the OP didn’t write the repainted car had a much nicer paint job. As stated, he just said it was repainted. And stated the original car is “very descent (decent) shape”. So to me, without seeing it, I took that as equal quality body condition. Along with the previous sentence and statement of the OP saying “the only difference”. That’s the way I read it.
Of course if the non original car is in much better condition with regard to body/paint that can balance value.
Without more specific info it’s just guess work. That’s why I made sure to add “all things being equal” to cover my bases.
Of course if the non original car is in much better condition with regard to body/paint that can balance value.
Without more specific info it’s just guess work. That’s why I made sure to add “all things being equal” to cover my bases.
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Melting Slicks
Joined: Jan 2006
Posts: 3,180
Likes: 297
From: Sarasota Florida
I can't support this with numbers, but I believe a car that has it's 50 year old parts replaced as needed (including motor) and a quality body restoration, will be of greater value to the majority of Vette buyers.
My .02
My .02