1973 Corvette Convertible Purchase Question
First off, the owner seems to be pretty forthcoming about any flaws or issues with the vehicle. He's had it for over 20 years, and purchased locally in Florida, and has never been in any accident (since he's had the car). Selling due to divorce.
The odometer no longer works (stopped at 77K), but he says that the vette has roughly 212K miles on it. It's the original 350 engine and it has never been professionally rebuilt, but runs very well. Same with the tranny. At what mileage is an engine usually due to be rebuilt, and what kind of costs are we looking at? Is this mileage problematic? Calculates to 5K miles per year since new, which doesn't seem like a lot, but thought I'd ask.
Secondly, he said that the driver's side door's pins and bushings are worn out and the door is sagging about a half inch. What are we looking at in cost here?
Finally, one other thing that stuck out in our conversation was that on the passenger's side, when it rains and water runs down the door frame, a little bit gets into the passenger side, near the speaker area. He said that it has done it since he bought the car, and the area of the inside door frame looks to have been possibly fiberglassed over and then painted over in the past. The drivers side is not the same, so something must have been done. i haven't seen it, but I have seen cars where this area was rotten. Doesn't seem to be the case here, but something is causing the water to slowly drip in. He says the there are no issues with the door operation.
Those were all of the major areas of concern, at least without getting an inspection to explore some other areas. The rest of the car looks outstanding. All manual doors, brakes, and steering kind of sucks, but there can't be many 1973 corvette convertibles that are ALL manual can there? Maybe it's a rarity.
Anyhow, any insight would be appreciated. Thanks.
And then the next questions comes down to price. Any car regardless of condition can be worth buying if the price is right.
But at 212k miles, I find it hard to believe that it runs well. And maybe 'runs well' are the wrong words to use. At that mileage, I would say that it would need a total overhaul. Which could run 2k to 5k depending on what is reusable and what needs to be replaced.
My 74 I got last year had 76k on it, and although it didnt "need" anything but new head gaskets, it could use a lot... 4k later I have one heck of a good running motor with much more power than stock. But that was my intention from the start.
The door hinge isn't real tough to fix. The parts are cheap and easily found, and can be done by most people with some mechanical ability.
The water leak would be my biggest concern. It's probably leaking at the windshield header, and running down the a-pillars. This is a common problem, but also an expensive one to fix.
When the windshield frame leaks, it usually rusts out the a-pillars, and the cowl area where they attach. Often the windshield header (the top of the frame between the pillars) will be rusted too. If the a-pillars are rotted, to "properly" repair them costs around $2,000, plus paint. If the header is bad also, figure at least another $500. This is a repair for a professional body man, and preferably one familiar with older Corvettes.
Try to take a look through the windshield, at the base of the pillars, in the area between the stainless outer moldings and the vinyl interior pillar post moldings. You should be able to get a glimpse of the a-pillar itself. Some surface rust is to be expected, but noticeable rust or rust through, are cause for concern. If you see rust, it may pay to remove the interior moldings, to get a better look at the condition of the pillars.
Last edited by gbvette62; Jun 27, 2012 at 10:18 AM.
I really would try and have someone who knows what they're looking at go with you to check it out. On a car with that many miles, a full restoration is probably in order. I would think that's the case with most old cars anyway.
Last edited by Jasonb86; Jun 28, 2012 at 08:29 AM.
The Best of Corvette for Corvette Enthusiasts
I really would try and have someone who knows what they're looking at go with you to check it out. On a car with that many miles, a full restoration is probably in order. I would think that's the case with most old cars anyway.
I think you've made a VERY good decision.
I believe the owner is asking quite a bit too much for a car that may have rust problems in addition to high mileage needs.
Good Luck with your search! There are still many very nice cars to be found!
Regards,
Alan

















