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1984 with just 811 miles - Ohio Auction this weekend

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Old 07-14-2005, 05:25 PM
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FFCobra
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Default 1984 with just 811 miles - Ohio Auction this weekend

Wish I was going to be in Columbus this weekend. Bob McDorman Cheverolt has one of the largest, of not THE largest collection of Chevrolet's. He has 350 cars and is auctioning off 100 this weekend to make room.

The cars are going for NO RESERVE! About 80 cars are not worth looking at, but some rare finds might be had at a good price.

Some cars are crazy to have in a collection. Like a brand new 1980 or 1975 Chevy Monza. Or how about a 1983 Camero with a V6. Who knows, cars like that will sell cheap at auction and with under 100 miles, maybe they would be worth something in 30 years.

Here's some examples of one's I would bid on and what I think they are worth:

1967 Camaro SS with just 15,528 miles and RS/SS package, 350/295HP, factory A/C. This is a collectors dream.
Retail: $45,000
Auction: If you could buy for $35,000 it would be a good deal.

1967 Camaro SS Convertible, 101k miles, RS/SS packs, 327? Maybe restored?
Retail: $50,000 to $57,000
Auction: If its restored right, I would pay $40,000.

1992 Camaro Z-28 with just 1,322 miles. Just a new car, but the last year of this body style. In 30 years, it will be worth something.
Retail: $16,000
Auction: Under $12,000

1978 Camaro Z28 with just 9,772 miles. 350 with A/C. Cool Dicso era car with not much HP from a 350. Will it be worth anything? Maybe in 20 years if you don't drive it.
Retail: Under $10,000
Auction: If you could get this for under $7,000 you will make a bunch in 20 yrs.

1984 Corvette with only 811 miles on it. Wow! This car is worth a ton in 20 years, but you can't drive it. The fuel injection was a PIA, but at least this is a new car. The right color! Red.
Retail: $16,000 to $20,000.
Auction: I wouldn't pay over $15,000 because I bet a lot of 84's are new in the barn.

1975 Corvette with only 676 miles. A new car that is 20 years old! What's it going to be worth in 10 years? Maybe double?
Retail: $20,000 to $22,000
Auction: $15,000

1997 Corvette with just 2,293 miles. This is the first year for the C5 which is a very well liked Corvette era so it will be collectable in 30 years. So if you can afford to keep in nice for 30 years, your grandkids will be rich.
Retail: $25,000
Auction: Under $20,000 would be nice.

1999 Corvette Hardtop with only 7 miles! Wow! These cars were made 2 years prior to the Z06 intro and had the same body as the Z06. They were made to dominate autocross with lighter weight and no needed extras. Only 6-speed were made. I would love to have this car and keep it for 30 years.
Retail: $25,000 or more
Auction: If it could be bought for under $20,000 it will be a deal.

1973 Corvette with 23k miles and 350, 4-speed. The last year for chrome bumper (rear only).
Retail: $25,000
Auction: $18,000 to $20,000

1966 Corvette Roadster with 13k miles. It looks like a 327, but it doesn't say. No BB hood. It does have side pipes, knock offs, and two tops. 4-speed with factory A/C makes it worth much more. I assume its a 350HP, but it could be a 300HP.
Retail: $70,000
Auction: If you could buy this for under $50,000 it would be a steal.

1969 Corvette Convertible 427 with 50,804 miles. 4-speed, side pipes, both tops, factory A/C, rally wheels. Looks very nice and the mid year big blocks (66-67) are going for way over $120,000 to $200,000 so the C3 BB's are right on the tail. Last year for the 427. I beat it is a 390HP, but it could be a 435HP.
Retail: $140,000 to $150,000 depending on engine.
Auction: Forget stealing this one, but if it was bought for under $120,000 it will be a deal.

1968 Corvette, 327/350HP, 4-speed and just 13,603 miles. First year for the C3. Nice car.
Retail: $31,000 to $40,000
Auction: If under $25,000, it's a deal.

1965 Corvette Roadster with a big block and just 28,937 miles. The 396/425HP big blocks are not as valuble as the 427's, but still worth a life savings. This could be a $130,000 to $150,000 at Barrent Jackson. 4-speed with knock offs.
Retail: $85,000
Auction: If you could get it for under $60,000, you could retire on it in 15 years.

1980 Corvette with just 1,093 miles. Not a loved Vette, but still going to be worth something in 20 years if its not driven.
Retail: $20,000
Auction: Not more than $15,000 would be good.

1975 Cosworth Vega with just 218 miles on it. These things would rust in 30-days, but not this one. The ohc 4-cyl would fly.
Retail: $9,000
Auction: I would pay no more than $6,000

1983 El Camino with 6k miles. No an SS, so not very collectable, but could be cheap to buy and enjoy.
Retail: $7,500
Auction: Under $5k would be great.

1955 Chevy 4-door Sport Sedan with 16,510 miles and looks new. 283/220HP. Not a 2-door, or the price would be out of this world.
Retail: $26,000
Auction: Maybe under $20,000 if you were lucky.

1971 C-10 Pickup with 77k miless. Great for looking like the Urban Cowboy. Glass packs? No, I think it looks like a nice orginal truck.
Retail: $5,000 for an averge truck, but could be $11,000 for a perfect example.
Auction: How fun would it be to have a restored pick up for under $4k? Maybe, but more like $9k if it is nice.

1937 Chevy ruble seat coupe with 86k miles. Looks very clean and my mom had one, so I would love to own this.
Retail: $9,000 to $12,000
Auction: Under $7k would be right.

1954 Buick Sylark Convertible with 3,267 miles. These were very rare, only 836 made.
Retail: Over $190,000
Auction: ???

1964 Impala SS Convertible with 33,534 miles. It is a 327/300, not the 409. It does have factory A/C. But it's still going to be a $80,000 in 3 years. If it could be bought right, this would be a good investment.
Retail: $32,000
Auction: I would not pay over $15,000

1937 Chevy Pickup with 81,956 miles. This truck looks very clean and would be cool to cruise around in. Trucks are not good collectors items, so they don't increase in value that much. But you could still drive it and make a little money in 5 years.
Retail: $17,000 to $20,000
Auction: I would try for under $10,000

1966 Caprice with 44,448 miles and big block 396/325. Not an SS, even with a numbers matching big black car. This is a tank, but my grandpal had one so it would be cool to own.
Retail: Under $10,000
Auction: I would pay up to $7,000

1961 Impala SS Convertible with 92,760 miles but looks restored. Ugly car, but worth something in another 10 years because only 453 SS's were made in '61. Could be a $50,000 car in 2-3 years. It may have the worng engine because they state 348CI with 350HP and 3 x 2 carbs. If its the right engine, it could be a 327-350HP with 3 x 2's.
Retail: $30,000 to $33,000 with correct engine.
Auction: I would be no more than $17,000-$20,000

1938 Chevy Business Coupe with 38,913 miles. Nice car to cruise in, but won't increase that much in 10 years. Just keep up with inflation.
Retail: $9,000 to $10,000
Auction: No more than $6,000

1965 Impala Convertible with 91k miles. Not too collectable, but a fun ride.
Retail: $15,000 to $17,000
Auction: Under $12,000 would be a good buy.

1948 Chevy Pickup with 47k miles. Not as cool looking as the '37 pickup, but it would be a better driver. These bring good money.
Retail: $15,000
Auction: Under $10,000 would be good.

1936 Chevy Pickup with 62k miles. Cool looking truck with spoke wheels. Very good investment.
Retail: $17,000 to $20,000
Auction: Under $12,000 would be a GREAT buy.

1963 Impala SS with 24k miles. I guess Bob's keeping the 409's in the collection because this is another 327 with 300HP. It has factory A/C and looks very clean. Decent investment and should make someone money if bought right.
Retail: $30,000 to $35,000
Auction: Good buy if under $25,000

1966 Chevelle SS 396 with 70k miles. Big block cars are increasing every minute. A 396/325HP will be a good investment. If orginal, it could be a $100,000 car in 3-5 years at Barrett-Jackson.
Retail: $45,000 to $50,000
Auction: Under $35,000 will be hard to get, but a great buy if possible.

1983 Monte Carlo SS with just 681 miles. This is a new car that would not normally be in a collection. But since it was the first year for this body style and it has a V8, it will be collectable. It will take another 30 years and the car couldn't be driven, but it will be collectable.
Retail: $6,900
Auction: $4,000

Several assorted Camaro Z-28 Pace Cars. They have decals all over them a V8's. Some are convertibles. Maybe are brand new cars with less than 1,000 miles. The prices below do not include what people will pay for a pace car edition. I would guess you could add $5,000 to the prices.

2002, 514 miles, driven by Bill Elliott, conv
Retail: $32,000
Auction: $23,000?

1997, 60 miles. Driven by Mary Hulman George at Indy. conv,
Retail: $22,000
Auction: $15,000

1997, 1,635 miles, FE2 suspension, conv,.
Retail: $21,500
Auction: $15,000

1998, 2,045 miles, SS Package. conv
Retail: $13,850
Auction: $9,000?

1999, 3,233 miles, conv
Retail: $15,500
Auction: $10,000

http://www.mecumauction.com/auctions...TION_ID=OH0705

If anyone goes, please print this out and tell me how far off I am. It could be that many of these cars will sell for retail since this is a public auction.

- Bill
Old 07-14-2005, 08:48 PM
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bdvdvh7
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auctions never go according to the best laid plans. some nut will always overbid for something..... such as that 65 roadster... that will be overpriced
Old 07-14-2005, 10:13 PM
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His93C4
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Here is a link to the auction site. You may have to copy and paste it to work.

http://mecumauction.com/auctions/con...TION_ID=OH0705
Old 07-14-2005, 11:21 PM
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FFCobra
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Originally Posted by bdvdvh7
auctions never go according to the best laid plans. some nut will always overbid for something..... such as that 65 roadster... that will be overpriced
I agree. It won't be cheap, but it would be cvool to see if someone could get a deal.

- Bill
Old 07-15-2005, 12:16 AM
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TerryMathews
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I know that 69 vert with 427 and sidepipes is the most desirable combination, but isn't $140k way above market? I don't think an LT1 (NOT the OptiSpark-style LT1 ) would bring that.
Old 07-15-2005, 12:23 AM
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robertpel9
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I don't see any late model vettes being investments with RARE exceptions and even then i don't think you're gonna make money.

Lots of times people look at just price but don't factor in inflation. If you paid 24k for an 84 new in 84 and you are paying 20k in 2005 dollars now it still depreciated A LOT!!!

I'm all for collecting cars, heck i have 2 vettes myself but i'll be driving the wheels off of them till the break then time for new ones.
Old 07-15-2005, 12:44 AM
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Careful when buying at auctions. I have attended auctions for farm equipment and was amazed at how many folks overpay. It must be the competitive ego in many.

Some of the models listed are very interesting, but low mileage alone does not make a great investment. Why have it if you do not want to drive it? And if you do start using these models beyond an occassional drive, you may find problems lurking with gaskets and seals.

I have heard of this event and everyond said it was great. Wish I could attend but I will be watching Vintage Sports Racing Cars this week in Schenley Park, Pittsburgh. Nothing like seeing 1930 - 1950's racing around a beautiful park.
Old 07-15-2005, 04:07 AM
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Originally Posted by TerryMathews
I know that 69 vert with 427 and sidepipes is the most desirable combination, but isn't $140k way above market? I don't think an LT1 (NOT the OptiSpark-style LT1 ) would bring that.
I could be wrong. We'll see after Saturday. Personally, I hope not, but the market for the 427's is getting out of hand. Go to the big Corvette sites and see what an orginal, low mile 427 goes for. If this was a 67, it would sell for $150k all day long. The 69's are coming up in price.

- Bill
Old 07-15-2005, 07:59 AM
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Some real nice cars on that list .N0 reserve wish I had some money.

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