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-   -   70 convertible 454 question (https://www.corvetteforum.com/forums/c3-general/3762690-70-convertible-454-question.html)

graveyard 01-05-2016 04:36 PM

70 convertible 454 question
 
Guys going to look and possible buy this car (i have a few pic) in a few days,was wondering what would be a good price and what not to pay for one.Orginal engine,trans 4 speed,and suppost to be documented 56,000 miles.Car was frame on restored around 15 years ago and been drove around 2000 miles since then.Had one repaint,orginal color inside and out.Car needs very little attention but some not much.Frame and birdcage are suppost to be great.No AC.You can ask 40 and 50 grand for these cars but that dont mean you will get it.I was thinking around 30 grand would be a fair price if everthing is pretty good shape and needs a few things here and there.I think hagerity give around 27,500 and then goes on up if better shape.
A few opions on here guys:thumbs:

http://i63.tinypic.com/11b4uth.png
http://i64.tinypic.com/28athg7.png
http://i66.tinypic.com/259lx83.png
http://i66.tinypic.com/a25h7c.png

Alan 71 01-05-2016 04:59 PM

Hi gy,
I think you might be low for a 'real' 70 bb, 4-speed, convertible, in a good color…. if it proves to be in good to very good condition.
It's not a ZR-1 or ZR-2, nor an LS-6, but it's right up there in desirability for 70-72 cars.
Are you familiar enough with 70 cars to understand what to look for?
Regards,
Alan

graveyard 01-05-2016 05:28 PM

i know some about them, but it is not a Z car i do know that,it is the 390 HP 454,fill me in what i need to look for.Thanks:D

graveyard 01-05-2016 07:14 PM


Originally Posted by graveyard (Post 1591258252)
i know some about them, but it is not a Z car i do know that,it is the 390 HP 454,fill me in what i need to look for.Thanks:D

opinions please:thumbs:

blue67ragtop 01-05-2016 07:23 PM

I'm going to agree with Alan that if it is a legitimate number matching car it will sell for more than 30K

TMU 01-05-2016 08:11 PM

Hagerty lists average (good) condition at $42,900.

Some of the things I'd be concerned with; frame and birdcage rust, body and paint condition, verifying the numbers on the stamp pad, block, heads, trans, carb and anything else you want to make sure is original or at least correct. Making sure everything works correctly- lights, wipers, heater, turn signals ec.

If you are not sure then have someone who knows what to look for go over the car before finalizing the purchase.

http://www.corvetteactioncenter.com/...1970/70id.html

jr9170 01-05-2016 09:03 PM

I agree, IF it is a original motor LS5 in what looks in the pics as very good shape than 30k is very low...BTW same color combo as my 70 LS5 but mine is a coupe,original motor bought from original owner,tank sticker and is solid 2 condition,and 30k is not even close for what I would take for my 70. From just the pics you posted and little info I would say the owner would be asking 40k or better.

graveyard 01-05-2016 09:14 PM


Originally Posted by jr9170 (Post 1591259860)
I agree, IF it is a original motor LS5 in what looks in the pics as very good shape than 30k is very low...BTW same color combo as my 70 LS5 but mine is a coupe,original motor bought from original owner,tank sticker and is solid 2 condition,and 30k is not even close for what I would take for my 70. From just the pics you posted and little info I would say the owner would be asking 40k or better.

Thanks sounds ok:D

jr9170 01-05-2016 09:19 PM

Good Luck and check the 70 LS5 Owners Thread for some great looking 70's and helpful info.Anything we can help with just ask...Jerry

Zoomin 01-05-2016 09:22 PM

Good documentation makes a lot of difference. $30k offer for that car if it were mine would get you a :skep: from me.

jr9170 01-05-2016 09:45 PM

:yesnod:

454Luvr 01-05-2016 11:11 PM

I don't believe the mileage claims on any of these old Vettes. Unless it's been in a museum since '75, there's just no way I would believe a number like that. I've seen people disconnect the speedos on specialty cars and drive them for years. Then there are the folks who simply reset the speedo to whatever number they think someone will believe. Matter of fact, I almost got suckered into a pristine '92 Camaro convertible with 22K miles last year. Bought three commercial reports on the vehicle, then discovered it had been sold two years earlier on eBay, about 1,500 miles away. Once I found that and started putting all the info together, I realized there was a 10 year period in the car's life where it only accumulated about 25 miles. Absolute BS. My advice on any older Vette is to pay what you think it's worth based on condition only. Mileage claims aren't worth squat.

Zoomin 01-05-2016 11:52 PM

If he has documentation, that goes a long way. And the cars condition won't lie. Just go into it with a healthy dose of skepticism.

Don Rickles 01-06-2016 08:49 AM


Originally Posted by 454Luvr (Post 1591260650)
I don't believe the mileage claims on any of these old Vettes. Unless it's been in a museum since '75, there's just no way I would believe a number like that. I've seen people disconnect the speedos on specialty cars and drive them for years. Then there are the folks who simply reset the speedo to whatever number they think someone will believe. Matter of fact, I almost got suckered into a pristine '92 Camaro convertible with 22K miles last year. Bought three commercial reports on the vehicle, then discovered it had been sold two years earlier on eBay, about 1,500 miles away. Once I found that and started putting all the info together, I realized there was a 10 year period in the car's life where it only accumulated about 25 miles. Absolute BS. My advice on any older Vette is to pay what you think it's worth based on condition only. Mileage claims aren't worth squat.

454Luvr,

No offense but,

That's absurd, to group every old "Vette" into such a claim. There are hundreds if not thousands of low mileage documented cars out there.

Sure, some cars mileage has been tampered with but I would be hard pressed to believe it's the majority. Just how many real super low mileage 78 Pace Cars are out there, more than you could imagine, I'd bet.

I will say, that the automobiles with low mileage or rare optioned, do live a life in defense. Literally, defending each time a question is asked. There are ways to prove the mileage, EVEN if you're not it's original owner. By checking titles, advertisements as it was sold to each owner, DMV records, etc. Not everyone out there is or was dishonest and did report the true numbers.

It takes a good eye or a well experienced person in most cases to determine a car's true history but if it walks like a duck, and quacks like a duck, well something like that...:lol:

Alan 71 01-06-2016 08:59 AM

Hi,
There most certainly are cars around with both relatively and very low mileage in the same way there are cars around that aren't rusty.
Regards,
Alan

http://i218.photobucket.com/albums/c...DSC_0227_1.jpg

Docbrock 01-06-2016 10:12 AM


Originally Posted by War Bonnet (Post 1591262009)
454Luvr,

No offense but,

That's absurd, to group every old "Vette" into such a claim. There are hundreds if not thousands of low mileage documented cars out there.

Sure, some cars mileage has been tampered with but I would be hard pressed to believe it's the majority. Just how many real super low mileage 78 Pace Cars are out there, more than you could imagine, I'd bet.

I will say, that the automobiles with low mileage or rare optioned, do live a life in defense. Literally, defending each time a question is asked. There are ways to prove the mileage, EVEN if you're not it's original owner. By checking titles, advertisements as it was sold to each owner, DMV records, etc. Not everyone out there is or was dishonest and did report the true numbers.

It takes a good eye or a well experienced person in most cases to determine a car's true history but if it walks like a duck, and quacks like a duck, well something like that...:lol:

:iagree:


https://cimg8.ibsrv.net/gimg/www.cor...2d65a79ca2.jpg

I took this just this past weekend. I have the all the documentation and the title that states "actual mileage". Great effort has been made to provide a trail of increasing miles. The condition of the car matches what the odometer says on my car.

joewill 01-06-2016 10:51 AM

it is rare to find a car like that that will not have an excuse...
true original engine?... true no rust? what degree of Doc?

know what your requirements are, confirm your requirements..

this seller is probably entertaining several offers in the 30's.. yes some people balk at mileage claims, but a few will pay lots extra for the low mileage. if he can afford to sit back and wait.. then he will get big bucks for this car. If it is as advertised..

and I agree to a previous post.. there is no way I will sell mine for anywhere near 30K.

exposingtime 01-06-2016 11:11 AM

With the little bits of info we have and a few pics, I think you are looking at a 40 to 50k purchase if it is a real engine and driveline. Sure, you can stumble on a bargain, but on the open market I cant see a nice 70 like that sell for any less than 40k if it doesnt have any mojor issues.

71 Green 454 01-06-2016 12:21 PM


Originally Posted by 454Luvr (Post 1591260650)
I don't believe the mileage claims on any of these old Vettes. Unless it's been in a museum since '75, there's just no way I would believe a number like that. I've seen people disconnect the speedos on specialty cars and drive them for years. Then there are the folks who simply reset the speedo to whatever number they think someone will believe. Matter of fact, I almost got suckered into a pristine '92 Camaro convertible with 22K miles last year. Bought three commercial reports on the vehicle, then discovered it had been sold two years earlier on eBay, about 1,500 miles away. Once I found that and started putting all the info together, I realized there was a 10 year period in the car's life where it only accumulated about 25 miles. Absolute BS. My advice on any older Vette is to pay what you think it's worth based on condition only. Mileage claims aren't worth squat.

There are a few crazy people like me :crazy2:out there. I've owned my '71 for over 40 years....wasn't planned, just happened.
I purchased the car in 1975 with 27,000 miles, daily driver for 2 years.
Never drove the car with a disconnected speedometer.

Sept. 2, 2002, 55,354 miles
Sept. 3, 2014, 55,370 miles
Today Jan. 6, 2016, 55,380 miles

Mileage on Sept. 2, 2002:

https://cimg5.ibsrv.net/gimg/www.cor...932b59c68e.jpg

Mileage on Sept. 3, 2014:

https://cimg8.ibsrv.net/gimg/www.cor...eab15dc2c3.jpg

ronarndt 01-06-2016 01:06 PM

graveyard- by now you have had a ton of advice. Not sure if anyone asked you what you want to do with the car. Collector, restore to perfection or weekend driver? This will affect the price you are willing to pay. I wanted a big block and did not care if it was original motor and found one with good drive train, paint and interior, but have been working fixing electrical problems for several months. Check every switch and light on the car to make sure they work. I think fixing a difficult to diagnose electrical problem will take the enjoyment out of your car more than fixing a mechanical problem. Good luck on your purchase. RA


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