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I need to know what the right offer is, for a 1969 427/435 coupe, all original, #'s match, no power steering or brakes, roll up windows, add-on factory style side pipes, 70k original miles. Body/chrome/glass is excellent. It will need carbs rebuilt, vacuum system rebuilt. Engine ok otherwise, but may get rebuilt anyway, and it needs paint. HOW MUCH DO I OFFER, THE GUY WANTS 39K!!
Is the car a 4-speed? A/C? Based on the information you have given the value is anywhere from $20,540 for a "driver", $23,720 for a "very good" car, $ 17,960 for a "restored" vehicle with only side exhaust and maxing out at $31, 460 for a restored car with side exhaust, 4-speed, A/C and 427 tri-power, 435 HP car. these values are from the vette evaluator programm I have in my computer.
$39k seems way high for a non-restored car that needs work and paint. A daily driver should be much closer to $23k, give or take a few thousand. It depends on how much you want it and bad he wants to get rid of it; and it sounds like he has it priced where he wants to keep it.
This aint Barrett...........Upper Teens to low 20's from what you described, otherwise keep looking. There are a lot of those out there. And they were $7,000 5 years ago.
Uhhmm, have you guys priced big blocks lately in the real world? Base model L36 coupes in unrestored good to very good condition are pulling low to mid $20s. The tripower cars, especially with sidepipes, are going in the low $30s for the L68 400hp cars and higher than that for the L71 435hp. I don't think $39K is a great price, but it's real-world IMHO. If you could get it for the low $30s, I'd think you were doing pretty well, myself.
And not to diss the Corvette evaluator program thing, but IMHO $31K for a fully restored L71 is California Dreamin'. You ain't gonna touch one for that kind of change.
[EDIT] Whoops, I missed the bad paint thing. Drop $3-5K off the price right there. If you can get the car for mid to upper $20k, I'd say you got a pretty fair deal.
Wow, that's quite a spread, upper teens to $39,000...The car DOES have a tank sticker, but you can only get a peek at it, it's still on the tank. Bottom line, I feel that if I drop $5,000 on a rebuild, vacuum system, carbs, etc, and another $8,000 on paint, I shouldn't be paying more than $31,000...which is what I offered. I think the seller is figuring if Proteam can get $49,995 for a 427/390 he should get $39,000 for his. We'll see.
Corvette Magazine, May 2005 issue, says a BB coupe is worth from $9,500 to $41,000 depending on condition. Convertibles are more expensive. Based on your description $25,000 to $30,000 is probably a good price.
I have a 1972 BB convertible in excellent condition for sale of which I am the original owner, if you are interested.
Corvette Magazine, May 2005 issue, says a BB coupe is worth from $9,500 to $41,000 depending on condition. Convertibles are more expensive. Based on your description $25,000 to $30,000 is probably a good price.
I have a 1972 BB convertible in excellent condition for sale of which I am the original owner, if you are interested.
The 31k you offered is very fair.I am trying to buy a 17k original mile 427/435,original paint,interior,2002 Bloomington Gold SURVIVOR award.The last offer i made to him was 35k and he is thinking about it....JERRY
Wow, I guess I've had my head in the sand? Last year I offered to sell my '68 convertible, Red/Red, 427/435, everything original ( replacement block with the correct casting and date code), with tank sheet and title/owner history back to the original owner and the "Manufacture's Statement of Origin to a Motor vehicle". Car needs paint/ interior work/engine gone through. I asked 15K and it didn't sell. Maybe I'm glad it didn't???
No reply on my $31,000 offer. I'm amazed. Who would pay more than that for a car (a good car) that needs $12+,000 to be a great car? And I'm only counting engine and paint, not even thinking about suspension, exhaust, etc. Reminds me of the song by Phil Collins..."NoooOO REPLY AHHh tall" Vintage Corvette owners are weird.
Wow, I guess I've had my head in the sand? Last year I offered to sell my '68 convertible, Red/Red, 427/435, everything original ( replacement block with the correct casting and date code), with tank sheet and title/owner history back to the original owner and the "Manufacture's Statement of Origin to a Motor vehicle". Car needs paint/ interior work/engine gone through. I asked 15K and it didn't sell. Maybe I'm glad it didn't???
Prices on chrome bumper convertibles are going up very rapidly, apparently. I know they are the high end of the scale, but check some of the prices that ProTeam is asking for 427/435 convertibles. Well north of $50K and in some cases, north of $100K.
If he thinks it's worth top dollar, have him repair what is needed and to get it painted for $8,000. Then offer him the $39,000. One of the problems with these types of cars is that people are paying high prices for restored cars at the BJ auction. What they do not realize is that those cars were restored which takes hundreds and hundreds of hours. Parts are changed as reqiured and things are rebuilt. They owners have probably paid $20k-$40k to have the work done.
That guy must feel the same way about his car as I do mine. I think he's just trying to tell you he DOESN'T want to sell it. If you already own one of these cars, you would understand why. They have more power than you'll ever need. They are fun to drive. They still look great even after all these years. Good luck in your search...
'69 L-89 corvettes are typically listed for sale at around the 50K mark and of course Pro Teams are higher. I would think any REAL L-71 car would fetch at least 35K, even if not in top condition.
My LS-6 is an original, low mileage condition car with most of the factory and dealer documentation, to include window sticker, tank sticker, protecto-plate pamphlet, dealer sales invoice, original title. I wouldn't let this car go for less than 95K.
Well, congratulations. In reality,I've dealt with a bunch of guys selling their 1969 big blocks that are no better that any used car salesman. They lie about anything and everything. lately I'm speaking with someone selling a 427/400, that is really a 390 with add-on tripower, and phony badge on the center console. What is it about owning a big block that makes people fib about their car? What is so bad about having a car with a replacement block? or a 390? Or non-factory sidepeipes? Why are people compelled to fib? If you have a car with a replacement block, just say "I really love this car, the block was replaced 25 years ago." My latest GUY is someone who I described above, who owns a 427/435 that I am in negotiations with, only to find out that he has NO title, and NO registration. He claims that in the state of Connecticut, this is perfectly OK. Well it's not OK, as a matter of fact, it's stupid.