[Barn Find] 1975 Coupe





Here is what I was told:
1975 Coupe
Silver on Silver
4 speed manual
T-Tops
Low-Mileage
pristine condition
has been parked in a home basement for 8 years
was started 3-4 years ago.
That’s all the info my friend currently has other than the Father was the second owner and has passed away, so the son has sent off to NC DMV for the title name change, 2 weeks ago.
The son needs money.
I’ve been granted first right of refusal.
I should be viewing the car within the next couple of weeks.
My friend knew the Owner and obviously knows the son. He also knows me well, knows I own a couple Vettes and have a C8 on pre-order. He also knows I will do a fair assessment of the car, and make a fair and reasonable offer.
Someone had offered $3500 for it and the son said No…. Again, Nobody else is in line for it after me, currently.
So, with all of this said, and assuming the car is indeed pristine with around 50k miles…..
what does CFOT say a fair offer would be?
(I know about it being all smogged up and only 165 HP)
TIA
Popular Reply
Very difficult putting a number on someone else's stuff and cars that sit for years in museums get an aura that they're somehow worth more when all they really are is neglected.
If he turned down $3,500 offer him $5K and see what he says. If it has not been started in 4 years, I can PROMISE you it will not be "pristine". It may be clean, and have low miles but rest assured it's going to need complete brakes, a $1,000 set of tires, fluids, belts, hoses, etc. minimum. If it has A/C that can eat up another $1,000-$1,500 to re-do. Sounds like a great car in a nice color combination and I like '75's. But sitting for the better part of a decade is not the best thing for any car. Don't overpay for a long term storage car. If you can buy it at a fair price and expect to spend a few thousand dollars to bring it up to every day driver status, that would be good for everyone.
Cheers, Greg
Very difficult putting a number on someone else's stuff and cars that sit for years in museums get an aura that they're somehow worth more when all they really are is neglected.
If he turned down $3,500 offer him $5K and see what he says. If it has not been started in 4 years, I can PROMISE you it will not be "pristine". It may be clean, and have low miles but rest assured it's going to need complete brakes, a $1,000 set of tires, fluids, belts, hoses, etc. minimum. If it has A/C that can eat up another $1,000-$1,500 to re-do. Sounds like a great car in a nice color combination and I like '75's. But sitting for the better part of a decade is not the best thing for any car. Don't overpay for a long term storage car. If you can buy it at a fair price and expect to spend a few thousand dollars to bring it up to every day driver status, that would be good for everyone.
Cheers, Greg





I had thought about the probable a/c issue and new tire costs.
it appears that he doesn’t have the $’s to get the car checked out minimally to be road worthy, so yes, that would be a factor in a fair offer.
I’ll give updates to this tread.
I don't know derek, but I think $10K for a non-running '75 sounds very generous when you can buy a running driving car from this era, here in Southern California for only $7,500.
https://orangecounty.craigslist.org/...479697208.html





#3 good condition $12,900.
#4 fair $7,200.
If it happened to be garage stored most of it's life.....nice underneath....a $5k offer could be a deal...
Last edited by SEVNT6; May 8, 2022 at 01:50 PM.
The Best of Corvette for Corvette Enthusiasts





I am excited about this one, and hope it all plays out to be a good car, and everyone is happy.
Thank you for sharing your thoughts and comments!
Stay Tuned!
Tires are $x each
Complete fluid changes are $
Gas tank drain (not a lot of $ just a PITA job).
All will most likely be required in a "pristine" car, thats been sitting for years.
Then I blew up a u joint and sheared a spindle trying to clutch kick it around a corner so she got a whole new rear suspension and drive train 7 months later.
Still worth every penny.
Here is what I was told:
1975 Coupe
Silver on Silver
4 speed manual
T-Tops
Low-Mileage
pristine condition
has been parked in a home basement for 8 years
was started 3-4 years ago.
That’s all the info my friend currently has other than the Father was the second owner and has passed away, so the son has sent off to NC DMV for the title name change, 2 weeks ago.
The son needs money.
I’ve been granted first right of refusal.
I should be viewing the car within the next couple of weeks.
My friend knew the Owner and obviously knows the son. He also knows me well, knows I own a couple Vettes and have a C8 on pre-order. He also knows I will do a fair assessment of the car, and make a fair and reasonable offer.
Someone had offered $3500 for it and the son said No…. Again, Nobody else is in line for it after me, currently.
So, with all of this said, and assuming the car is indeed pristine with around 50k miles…..
what does CFOT say a fair offer would be?
(I know about it being all smogged up and only 165 HP)
TIA





Here is what I was told:
1975 Coupe
Silver on Silver
4 speed manual
T-Tops
Low-Mileage
pristine condition
has been parked in a home basement for 8 years
was started 3-4 years ago.
That’s all the info my friend currently has other than the Father was the second owner and has passed away, so the son has sent off to NC DMV for the title name change, 2 weeks ago.
The son needs money.
I’ve been granted first right of refusal.
I should be viewing the car within the next couple of weeks.
My friend knew the Owner and obviously knows the son. He also knows me well, knows I own a couple Vettes and have a C8 on pre-order. He also knows I will do a fair assessment of the car, and make a fair and reasonable offer.
Someone had offered $3500 for it and the son said No…. Again, Nobody else is in line for it after me, currently.
So, with all of this said, and assuming the car is indeed pristine with around 50k miles…..
what does CFOT say a fair offer would be?
(I know about it being all smogged up and only 165 HP)
TIA












