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Is Just Me “ The C3 prices Seem to be collapsing”

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Old 07-17-2003, 06:27 PM
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vette_c5c6
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Default Is Just Me “ The C3 prices Seem to be collapsing”

Is Just Me “ The C3 prices Seem to be collapsing”

Now that I am a proud owner of a 75-C3 I have been keeping an eye on the C3 pricing in my area and I have noticed that very few C3 sell for above $10,000 regardless of the year. I feel real bad for the dudes that spent a whack of money on restoring these suckers. I doubt that they will see 30 cents on the dollar. So is it the economy or where I live or are people moving on to other hobbies.
:nopity :nopity
Old 07-17-2003, 06:28 PM
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SuperFast80
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Default Re: Is Just Me “ The C3 prices Seem to be collapsing” (vette_c5c6)

Here in Toronto I see the opposite happening. :thumbs:
Old 07-17-2003, 06:39 PM
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bamavettes
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Default Re: Is Just Me “ The C3 prices Seem to be collapsing” (vette_c5c6)

Its just not happening. Period.....

If you find a collector Vette with a depressed value. Please let me know.

Old 07-17-2003, 06:41 PM
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BSeery
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Default Re: Is Just Me “ The C3 prices Seem to be collapsing” (bamavettes)

Here are the local prices - http://www.cnv-corvettes.com , the only thing depressing is how high they are.
Old 07-17-2003, 06:55 PM
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76Frankenstein
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Default Re: Is Just Me “ The C3 prices Seem to be collapsing” (vette_c5c6)

Not happening here. Most c3's advertised in local papers are asking 15K & up. Of course, asking isn't getting, but still...
Old 07-17-2003, 07:06 PM
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75Rag
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Default Re: Is Just Me “ The C3 prices Seem to be collapsing” (76Frankenstein)

I've seen the price of my vert increase substantially in the past few years. I think the C-3's are just starting to come into there own...
Old 07-17-2003, 07:45 PM
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Default Re: Is Just Me “ The C3 prices Seem to be collapsing” (76Frankenstein)

Not happening here. Most c3's advertised in local papers are asking 15K & up. Of course, asking isn't getting, but still...
ah the old adage, "nothing truly happens until the cash register sings" - or "if you're a buyer they are too high and a seller, too low"

Old 07-17-2003, 07:55 PM
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Default

The 75 vettes have come down quite a bit in price. All other model years have shown healthy increases! :lol: MJ
Old 07-17-2003, 07:58 PM
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Default Re: (MNJack)

my neighbor is selling a 69 black vert for 35k!!
Old 07-17-2003, 08:30 PM
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HawkIVette
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Default Re: (MNJack)

Now that I am a proud owner of a 75-C3 I have been keeping an eye on the C3 pricing in my area and I have noticed that very few C3 sell for above $10,000 regardless of the year.
The 75 vettes have come down quite a bit in price. All other model years have shown healthy increases! :lol: MJ
Your pretty close on that, MJ. :lol: I think the 75's haven't really hit their mark yet. As for other years before 75 (chrome bumper), they are doing nothing but going through the roof.

vette_c5c6
As for your 75, just hold on to it. It certainly won't go down in value, but it will spike up very soon, just as soon as the economy does and people start spending again :lol:


[Modified by Rich's75, 7:31 PM 7/17/2003]
Old 07-17-2003, 09:46 PM
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Cali,68,L-79
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Default Re: (Rich's75)

The prices are stationary if not slightly increasing. This can be good or bad depending how bad you have "Corvette Fever" I have arguably the most expensive/ worthless Vette on the Forum. Thank God for the wreck because in a sick way it was the only way I got my money out of the car.
Old 07-17-2003, 09:59 PM
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Default Re: (Cali,77,L-82)

David....

Haven't seen a post from you in awhile. Anything new on the settlement?

As far as C-3 values....

I agree with the view above that there might be some decent bargains out there right now, but they are far in between to find them. The 60's to early '70's still being put for sale in the Houston area are at astronomical prices. Are they selling? Probably not. The mid to late 70's don't seem to be going for high prices though with most in the 9's to 12's. When the economy turns around these cars can go nothing but up in value as it seems the 60's-'70's cars are getting to be a cult.
Old 07-17-2003, 10:40 PM
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Default Re: (bgrice)


..... as it seems the 60's-'70's cars are getting to be a cult.
:iagree: :iagree: :iagree:


[Modified by Rich's75, 9:41 PM 7/17/2003]
Old 07-17-2003, 10:50 PM
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WydGlydJim
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Default Re: Is Just Me “ The C3 prices Seem to be collapsing” (vette_c5c6)

I thought I got a bargain a month ago for 14.5k?
:confused:
Any opinions?
Old 07-17-2003, 11:23 PM
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LFZ
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Default Re: Is Just Me “ The C3 prices Seem to be collapsing” (WydGlydJim)

I thought I got a bargain a month ago for 14.5k?
:confused:
Any opinions?
ithink you got a good deal...if it was in the shape you got it in now..sounds like a nice buy. i paid 10k for mine, and have invested over $30,000 into it so far. our c3s are only worth what we want them to be worth or what somebody is willing to give for it.
Old 07-17-2003, 11:31 PM
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Marks69BB
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Default Re: Is Just Me “ The C3 prices Seem to be collapsing” (vette_c5c6)

I'm sorry but you must not be looking at decent cars. Around here, even the mid to late 70's cars are fetching in the teens unless they are beaters. You'll be lucky to snag a decent chrome bumper car for less than high teens. Add more for a BB or a vert. I guess we should all be looking in NY based on your observations. :confused:
Old 07-18-2003, 12:03 AM
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Default Re: Is Just Me “ The C3 prices Seem to be collapsing” (REDSHARKONBOYDS)

I thought I got a bargain a month ago for 14.5k?
:confused:
Any opinions?
ithink you got a good deal...if it was in the shape you got it in now..sounds like a nice buy. i paid 10k for mine, and have invested over $30,000 into it so far. our c3s are only worth what we want them to be worth or what somebody is willing to give for it.
Very original car. 70k, original paint. Optioned nicely with BB, air, ps, pw, pb, alarm, deluxe int. Drives and runs great. Very solid.
I'm happy!
:D

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Old 07-18-2003, 12:30 AM
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Default Re: Is Just Me “ The C3 prices Seem to be collapsing” (WydGlydJim)

Very original car. 70k, original paint. Optioned nicely with BB, air, ps, pw, pb, alarm, deluxe int. Drives and runs great. Very solid.
I'm happy!
:D
I think sometimes people forget just how low 70k miles is for a car. That's about 2,300 miles per year over 30 years. You will find many a '98 C-5 with the same milage. I find it hard to believe that you will find any 30 year old C-5's when it's all over with as all of the electronics will just corrode and make it unusable.

Kudos on your find! :cheers:
Old 07-18-2003, 07:43 AM
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Matt Gruber
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Default Re: Is Just Me “ The C3 prices Seem to be collapsing” (bgrice)

i for one love a sale! Corvettes half price i'll be waiting in line!
When i was a "kid" we all bought used because of low price. Lance got a 66 mustang for $75 about 1976, and i got my 61 for $1050.
I can't wait until the c6 comes out; i expect 97's to break below 10k.
Can't look just at price on antiques; must inspect in person, too many are overpriced junk.
Old 07-18-2003, 07:55 AM
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Default Re: Is Just Me “ The C3 prices Seem to be collapsing” (vette_c5c6)

I just bought my '69 vert a week ago for 13.5K and I was offered 20K for it last night! It's a BB, 4-spd car... orange w/ blk inter. I don't plan to sell anytime soon! :)


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