Value of my 1984 Corvette
#1
Value of my 1984 Corvette
1984 Corvette. This car spent about 25 years in a garage and accumulated about 50,000 miles until it came into my possession about two years ago. I have been using it as my primary vehicle since then and have put another 10,000 miles on it. You will not find another '84 in this condition. I had an overheating issue about a year ago and so replaced every component of the cooling system except the computer. New radiator, fan, sensors, wiring, hoses, etc. Air pump replaced about a year ago. I also recently converted the air conditioning unit which was working fine. Run-flat tires with a doughnut and a full size spare, brown leather interior (interior is immaculate). I take very good care of this vehicle. Only full synthetic motor oil every 3,000 miles, etc. Paint is beautiful original gold. So what do you think it's worth???? Thanks.
#2
please don't be offended...in my opinon...just trying to help .... but a quick market sale should be about $6 to 7,000.00....I bought a 1989 with 53,000 on the clock a month ago for $6,500
#3
My father owns a black 1984 fully loaded vett with 49k miles on it. In perfect condition, no issues. The 84s aren't considered a collectable where they are worth a lot.
There is something near my house, where every thursday night a lot of cars come and hang out, tuner cars, old cars, exotic cars. etc. You could find one near your place and see what offers you get for it. My dad wasn't selling his and 4 years ago he got an offer for 14k for the vett. But he didn't want to sell it. =p
Hope this helped.
~Kory
There is something near my house, where every thursday night a lot of cars come and hang out, tuner cars, old cars, exotic cars. etc. You could find one near your place and see what offers you get for it. My dad wasn't selling his and 4 years ago he got an offer for 14k for the vett. But he didn't want to sell it. =p
Hope this helped.
~Kory
#5
Race Director
The latest (July 2011) issue of Corvette Magazine has a very nice Fourth Generation Corvette Market Report on page 53. The author's research gathered from many sources says the values of C4s have bottomed out with the '84 Corvette showing a surprising 8% appreciation over last year.
He explains this as "first year fever".
He lists "Show Ready" at $18,000, "Good" at $9,000, Average at $8,100 and "Needs TLC" at $3,500.
Show ready cars are in near factory-original condition. Good cars include older restorations and lightly worn originals. Average cars include regularly street-driven examples. Cars in the Needs TLC category need major overhaul.
Put the car in Hemmings at $8,000 and push the first-year thing and the condition and see what happens.
Anyone wanting a good read should buy thee May 2011-released Corvette Magazine. It has a lot of good info in it especially if you are considering buying or selling a C4 soon.
He explains this as "first year fever".
He lists "Show Ready" at $18,000, "Good" at $9,000, Average at $8,100 and "Needs TLC" at $3,500.
Show ready cars are in near factory-original condition. Good cars include older restorations and lightly worn originals. Average cars include regularly street-driven examples. Cars in the Needs TLC category need major overhaul.
Put the car in Hemmings at $8,000 and push the first-year thing and the condition and see what happens.
Anyone wanting a good read should buy thee May 2011-released Corvette Magazine. It has a lot of good info in it especially if you are considering buying or selling a C4 soon.
#6
I am not sure what it is worth, but I think there is a limit unless someone wants an 84. I would not push the first year thing, because as older folks may recall, 84 had a lot of problems, not just CFI. Ride, etc. 85 fixed it. There is almost no reason to buy an 84.
I think you have to compare the car to later C4s, and adjust accordingly.
I think a virtually brand new one might fetch 10k, as I have seen some with mileage in the teens languishing near me in the teens for several years. Once you get past 50-60k miles, I think any special value is gone, and, based on on 85-87 sales, 88-89, sales, 90-91 sales and 92-96 sales, expecting to sell it for more than 6k--assuming EVERYTHING works as it should, is unrealistic.
Best of luck!
I think you have to compare the car to later C4s, and adjust accordingly.
I think a virtually brand new one might fetch 10k, as I have seen some with mileage in the teens languishing near me in the teens for several years. Once you get past 50-60k miles, I think any special value is gone, and, based on on 85-87 sales, 88-89, sales, 90-91 sales and 92-96 sales, expecting to sell it for more than 6k--assuming EVERYTHING works as it should, is unrealistic.
Best of luck!
#7
Drifting
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84's may show some value at some time. Just seems like not now. I belieive I can speak freely as I own an 84 and have owned it since 1986.
1984 "Firsts"-- First year of the C4 Body Style. First year of a Corvette production with no production of a previous year. There is no 1983 Corvette.
Only year C4 with crossfire injection.
For those who say the crossfire injection was trouble prone. The Odometer in my car is broken. But I estimate the cross fire and engine has appx 200,000 miles on it. I bought my 84 to drive. Can't say the same for the 700R4 Trans as it was rebuilt 3 times
1984 "Firsts"-- First year of the C4 Body Style. First year of a Corvette production with no production of a previous year. There is no 1983 Corvette.
Only year C4 with crossfire injection.
For those who say the crossfire injection was trouble prone. The Odometer in my car is broken. But I estimate the cross fire and engine has appx 200,000 miles on it. I bought my 84 to drive. Can't say the same for the 700R4 Trans as it was rebuilt 3 times
#9
Cruising
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I just sold a 66k orginal mile , two owner 84 for 4500.00. It was listed locally and on ebay for over 2 months at seperate times.I had over 6.5 k invested but the market seemed really cold for a 84 when the later years had so many great upgrades.
Last edited by old84Vette; 05-18-2011 at 05:49 PM. Reason: spelling
#10
Team Owner
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St. Jude Donor '05
There is almost no reason to buy an 84.