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Value help on my 68 convertible

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Old Jul 23, 2021 | 11:53 AM
  #1  
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Default Value help on my 68 convertible

Hi guys. I'm having my 70 L46 painted, and I am considering selling my 68 to help fund the project. I'm really not sure how to properly price it. Corvette DNA puts a driver quality with high miles at just over $20k, but I feel that is probably pretty high.

The car is a 1968 Convertible with the L30 300HP 327. It was originally BRG but has been painted what looks like twice, and definitely needs to be put back to the original color.

Fiberglass is mostly okay, but the R/R wheel well needs some repair. The engine runs great and has no troubles, but the trans synchro from 3rd-4th makes some noise, though it has no trouble at all shifting. The convertible top needs some time spent getting it adjusted to seal correctly, but the fabric is in great shape. All of the fiber optics work and the gauges function other than the clock. Needs a good cleaning and detailing in the engine bay, which would be done before I sold it of course.

I appreciate the help!








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Old Jul 23, 2021 | 12:10 PM
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Default Suggest you sell it on ebay

I suggest you clean it and detail it as best as possible and list it on ebay.

-list it with no reserve at a starting price of say 17, if you guess low, the market will bid it up, if too high, drop to 16 and relist.

-lots of photos, the good, the bad, and the ugly

-all you know info, history, your opinion of condition, and a disclaimer this is only your opinion, no warranties.

Hope this helps and have sold a number of Corvettes on ebay this way.

Nice Corvette!!!
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Old Jul 23, 2021 | 12:33 PM
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Thanks for the tip! I'll have to try that. I've always avoided eBay for vehicle sales, I've never had good luck.

I still haven't convinced myself selling it is the right idea. I don't NEED the money for the paint job, but I would say now the time is to capitalize on the high market value.
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Old Jul 24, 2021 | 07:25 AM
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Where do you live, geographic location will affect the price. I bought a 68 5 years ago that had great 6 foot paint but everything else was butchered. It cost me another $2300 and my own labor to get it right. Since then I've been making it mine. I still havent fixed the top thats on short and crooked. It will barely latch. That being ssaid it was appraised then at $21k with a NOM, $24k with the OEM motor and had apprieciated every year since according to the insurance company and is agreed value at $30k just efore covid lock down, prbably more now. Clean the engine compartment and list it for $25k and let someone talk you down to $20k. They'll feel good and you'll get your money. Its a convertible chrome bumper 68....they dont make them anymore.
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Old Jul 24, 2021 | 08:36 AM
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the wiper and astro vent grilles. pull them and paint them white. consider touching up the big chips after seeing how the white grilles match the paint. arizona. PITA to get there, but cars that were there all their lives carry somewhat of a price bump. frame and bird cage pics a must. selling it with the 2 kick panels removed helps. you are saying "Look how clean the #2 mounts are!" if you can sell it as a born in AZ car, 20 is the low side.
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Old Jul 25, 2021 | 04:13 PM
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The engine bay desperately cries for help! 2 cans of Gunk Engine cleaner, 1 can of Gunk engine bright. Some chrome polish on the air cleaner and ignition cover. No AC, no power breaks or power steering, windows, a tough cruiser for Hot Arizona! If you ask $25K it’s going to turn many people away. A base, no frills 68 that needs TLC (and more) is no rarity. I think asking $19,675 and saying thanks for anything at or above $16,000 is a good play. I hear some talking about the high times currently. That doesn’t encompass everything for sale.
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Old Jul 25, 2021 | 05:32 PM
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Originally Posted by Rescue Rogers
Where do you live, geographic location will affect the price. I bought a 68 5 years ago that had great 6 foot paint but everything else was butchered. It cost me another $2300 and my own labor to get it right. Since then I've been making it mine. I still havent fixed the top thats on short and crooked. It will barely latch. That being ssaid it was appraised then at $21k with a NOM, $24k with the OEM motor and had apprieciated every year since according to the insurance company and is agreed value at $30k just efore covid lock down, prbably more now. Clean the engine compartment and list it for $25k and let someone talk you down to $20k. They'll feel good and you'll get your money. Its a convertible chrome bumper 68....they dont make them anymore.
I agree, Always pad your starting price by a few thousand above what your really want. This way you let the buyer think you've come down on your price when in fact you are getting what YOU wanted. If the industry value is $20 grand I'm with Rescue, starting price for me would be at least $25 grand. Then you have wiggle room to make the buyer feel good.
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Old Jul 25, 2021 | 07:14 PM
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Default Agree with Z06LMB

Originally Posted by Z06LMB
The engine bay desperately cries for help! 2 cans of Gunk Engine cleaner, 1 can of Gunk engine bright. Some chrome polish on the air cleaner and ignition cover. No AC, no power breaks or power steering, windows, a tough cruiser for Hot Arizona! If you ask $25K it’s going to turn many people away. A base, no frills 68 that needs TLC (and more) is no rarity. I think asking $19,675 and saying thanks for anything at or above $16,000 is a good play. I hear some talking about the high times currently. That doesn’t encompass everything for sale.
FWIW, I agree with Z06LMB. I am always surfing ebay, craigslist and the internet for chromie C3's for fun. And for me, if I see a base, no frills 68 that needs some TLC, priced way too high, I always move on and never take another look. So I agree the big overpricing method scares off potential buyers, my belief is always that we are not even close so why even propose a reasonable offer. Having said that there are all kinds of ways to play the selling game and they all likely succeed at one time or another. The question is what way gives you the seller the highest probability of best success as in most money in your pocket in a reasonable timeframe.
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