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Hello! I'm new here and am looking for some guidance. I've inherited a 1968 Corvette, have multiple local buyers interested, and have no idea what a reasonable price is. Is there anyone on here who is an expert on these vehicles? Would you consider looking over some pictures and info, and giving me your honest opinion on price so I know what I should accept? It seems like there is so much variation in price online. I really appreciate your help.
1968 Corvette is a very hard one to determine value.
1. Is is early, mid or late production
2. Coupe or Convertable
3. What engine small or big block and horsepower.
4. Automatic or 3 speed or 4 speed.
5. What rear gear.
6. Color Combination interior/exterior.
7. Options.
8. Original items Engine, Transmission, Carburetor, etc.
9. Like selling a house Condition, Condition and Condition
it is worth about 200 bucks. i will be there in an hour... truthfully it is worth somewhere between 5000 and 50000 dollars. probably in the upper 20's if in pretty good shape. upper teens if needs paint and kind of neglected. around 5 if a rusty POS sitting outside under a tree. 1000 if the tree is growing through it.
If you are going to provide pictures, whether here or to a private party, you need plenty of them, inside and out, in the engine compartment, underneath the body and inside the interior.
And unless you KNOW the engine is original, you need a good picture of the engine stamping pad found on the front of the passenger side head, and the frame rails particularly at the kickups in front of the rear tires.
As well, if there are details that dont show up in photos like shadows of prior body damage and repair and rust, those descriptions are also necessary.
All these issues are very significant in determining value.
Like most things, the more you know the details of what you have, the more accurate you can arrive on a price range.
So, do an internet search and see what engine and transmission you have as that can greatly affect value. Plus search and see how much you can learn about 68 Corvettes and here as to what to look for identifying rust problems which also has a big impact on price.
I would then check comparable Hagerty values, ebay completed sales and completed Mecum auctions to get a sense of what a range of values are. I have sold a number of cars on ebay, which allows buyers to bid the price up if you initially guess too low a starting price. If you go the ebay route, I find the charges have gone up and they are more involved in the sale than they used to be. Plus the more accurate description you can provide for an ebay listing the better. Still not a bad choice though.
Maybe after you have done all these things, see if you can find another member that lives near you that might have a look at it, or find a professional appraiser and have them give you an estimate. Knowing specifics as listed in these posts before the pro shows up will help him/her make a good estimate.