1968 corvette value
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Heel & Toe
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1968 corvette value
Hello experts, I am looking at a 1968 corvette with a 427 tri power 400hp and a 4 speed. It “runs” but it needs a complete restoration. Body is in good shape and it’s all complete. It has been sitting in a garage for 20 years. Guy says he has a protect o plate and tank sticker too. He’s asking $30k for it. What do you think a reasonable price is? One just sold on BAT for $30k that was a nice driver too.
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A 50 plus year old car? What's it worth? Sight unseen!
ahhhh, somewhere between 3K and 50K.
How good is the paint? That's a major expense if it isn't really nice. Needs a complete restoration? How much is good and just needs cleaning and how much is scrap?
What's a perfect one all restored and turn key ready to go sell for?
ahhhh, somewhere between 3K and 50K.
How good is the paint? That's a major expense if it isn't really nice. Needs a complete restoration? How much is good and just needs cleaning and how much is scrap?
What's a perfect one all restored and turn key ready to go sell for?
Le Mans Master
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Hagerty shows $23,500 for a Roadster, $22k for a Coupe on a '68 L68 in #4 fair condition.
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Heel & Toe
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Melting Slicks
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From: Massapequa Park NY
If it has the original drivetrain as you hope, the tank sticker and pop are genuine, if the birdcage isn’t infected with rust, if the car is complete without the need to replace body panels and just needs a restoration without trying to have to locate too many original parts, (I see it’s missing the smog system but mostly looks like it’s not missing a ton of parts) then I would say he is asking a fair price.
Racer
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Keep in mind 68 one off year . Parts are hard to find . A lot of problems came with the 68 and was all corrected in 69 . The paint doesn’t look good that’s 15k+ right there and you didn’t even start anything else .. if you payed over 15k and want to restore it plan on never seeing your money back ..
Team Owner
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Keep in mind 68 one off year . Parts are hard to find . A lot of problems came with the 68 and was all corrected in 69 . The paint doesn’t look good that’s 15k+ right there and you didn’t even start anything else .. if you payed over 15k and want to restore it plan on never seeing your money back ..
Last edited by Corey_68; Dec 22, 2024 at 02:49 PM.
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The pop is a great thing to have and will help value tremendously weather the engine is original or not. The next thing is to know if every little detail is correct and what's there can be restored or not.
Melting Slicks
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Are you looking to do most of the restoration work yourself? Are you willing and able to devote the time and effort needed to complete the job? Countless stories out there about people underestimating the task (including the financial part). My simple advice is to be eyes wide open or you’ll end up another statistic on the disappointed, disillusioned, and disinterested list.
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Heel & Toe
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Thank you everyone I appreciate the advice. I have restored other cars but never a 68 corvette. I guess I was just looking for advice on if a 68 with these options is something to bring a lot of money once restored or not. For example buying a 63 split for $30 is a steal because it will bring over $100k once restored.
I know what someone is willing to pay sets a value but I don’t want a basket case that will cost me $100k to restore and bring $60k tops after, if that makes sense. This car will be for my wife but I’ll keep looking around for maybe one a little more turn key.
I know what someone is willing to pay sets a value but I don’t want a basket case that will cost me $100k to restore and bring $60k tops after, if that makes sense. This car will be for my wife but I’ll keep looking around for maybe one a little more turn key.
Drifting
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Keep in mind 68 one off year . Parts are hard to find . A lot of problems came with the 68 and was all corrected in 69 . The paint doesn’t look good that’s 15k+ right there and you didn’t even start anything else .. if you payed over 15k and want to restore it plan on never seeing your money back ..
Even the Jack and handle is there.
Engine has never been out of the car.
Team Owner
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Depends on how much work you can do your self and what you have to start with. If you don't have to hunt down rare parts and can restore and reuse just about everything this car restored won't put you upside down. Now if you are paying a shop to do most of it forget it. Or if it needs extensive body repair or rust repair
Pro
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Is my vette stock?? HAHA
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If its all there and th epaint is good enough that it can be resurected woth a good buff then ya $25 to $30k is reasonable. Convertibles are worth more but the 68 tripowers are rare. It is missing the fan shroud, smog pump and lines so you may be able to get it down a little. It looks like he just dragged it out of storage
Le Mans Master
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Looks like a nice project, provided the birdcage and frame are mostly rust free. As mentioned above, the drivetrain should also match and be functioning. I have the same color 68 coupe with an L-79. I am a bit partial as I have had the car for over 52 years. Good luck. Jerry