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-   -   Low Mileage 82 Collector's Edition Value (https://www.corvetteforum.com/forums/c3-general/4128500-low-mileage-82-collectors-edition-value.html)

EnfieldJoe 04-19-2018 09:00 PM

Low Mileage 82 Collector's Edition Value
 
Aside from determining value using the traditional price guides, I was looking for personal opinions based on experience. Car is listed on eBay. Looks to be a 14K mile survivor, but thinking the asking price is very high.
I understand the advice that something is only worth what someone is willing to pay.

https://www.ebay.com/itm/Chevrolet-C...19.m1438.l2649

Thanks, Joe

Lakeside49 04-19-2018 10:44 PM

I've seen the car at their impressive showroom at 5-mile road and Sheldon Rd. It's near where I live and have driven my restored '82 there a couple of times. Very beautiful But, no wa is it worth that much.

general ike 04-20-2018 09:08 PM

Your paying for that fancy showroom to display it in. Move it in to the street or in someones dirty garage and the price will drop. Ike

Kie 04-21-2018 12:58 AM

Some of the C3 dealer prices floating around remind me of the air cooled Porsche world maybe 4 to 6 years ago. That ship has sailed!

"You can't pay too much for a car. However. You can buy it too early."

7T1vette 04-21-2018 02:00 PM

The "outside" looks great! Don't have any idea what works on the car, the condition of the operating systems, the condition of the frame and birdcage metal OR how the car handles.

If the mechanical systems all were as good as the appearance and everything worked, it might be worth $25-30K. But, if it was that good, it would be sold on Saturday at Barret-Jackson, where they give "crazy-money" for such cars.

If the frame has no rot, the systems all work, and the mechanicals are not worn-out (I know, I know...it says 14K miles), The car is definitely worth $22-25K, IMO.

I would think that this car SHOULD be a museum piece, rather than a 'driver' vehicle. It would be a shame to detract from its present appearance. But, whoever buys it can do what he/she wants with it.

general ike 04-22-2018 01:39 PM

I don't know much about the 1982s so I cannot comment about the price etc, but from the PHOTOS it is a absolutely stunning beautiful car, no rust of any kind on the underside. Either it has been maintained in a temperature/humidity controlled garage or its been "upgraded".

From my limited experience these things rust, especially the undercarriage, even if they are just sitting around with even less mileage. Very interesting. Still overpriced for what it is.

Forgot to add that the condition of the car, at least to me, doesn't match the mileage. Now I know it only states 14K but that cars underside looks like its never been on the road. It could be good photo angles and video editing but something just seems off. Of course I and we are judging from photos and video which is not fair to the car or owners!!!! I would love to see it in person but no were near me!! Does anyone else think along these lines?

Good luck Ike

Sunracer 04-23-2018 01:42 AM

I would agree with the General above Looks like show car detailing in the undercarriage view, not survivor style

EnfieldJoe 04-23-2018 09:09 AM


Originally Posted by Sunracer (Post 1597054720)
I would agree with the General above Looks like show car detailing in the undercarriage view, not survivor style

Thanks. yes, I was thinking the same....

Richard454 04-23-2018 07:03 PM

Here's a CE with 10K- sold for $18,500 several months ago....

https://bringatrailer.com/listing/19...et-corvette-5/

Somebody has spent a LOT of time detailing the underside of the one on eBay- here's what a 15 mile 1978 looks like- that's 15 miles NOT 15K-


https://cimg4.ibsrv.net/gimg/www.cor...99235c1303.jpg

EnfieldJoe 04-23-2018 07:06 PM

Wow, the underside sure took a beating with only 15 miles on it. Almost looks like someone used a pressure washer on it and beat the paint off of it ?

general ike 04-23-2018 07:30 PM

Yep that's more like it, although know it looks like we went the other way. Ike

7T1vette 04-24-2018 12:38 AM

People who buy 'collector cars' buy on emotion. And emotions get turned on by "purty". The el primo sales outlets know it, so that what they specialize in.

Some folks on this thread commented on the stunning beauty of this car. That's what draws the interest--and the money.

general ike 04-24-2018 12:31 PM

7T1vette some yes. They the ones that get tired of it after a few years and then go to sell it thinking that they are sitting on a Big pay day. When you ask them if they verified that it’s original as they are advertising it, the answer is that the salesperson who sold it to them told them it was. It often isn’t and not worth what they spent on it.

Emotion should never come in to play when buying anything!!! Ike

persuader 04-24-2018 03:20 PM

Even if it were worth the asking price of almost 40k. And I don't think it is. Whoever would buy it would not be able to really enjoy the car outside of staring at it in their garage or the occasional car show. Because as the miles pile up the value would fall at the passing of every mile. Cool if your into that kind of thing, but not me.

Richard454 04-24-2018 03:28 PM


Originally Posted by general ike (Post 1597065082)


Emotion should never come in to play when buying anything!!! Ike

Sorry- I would not have a C3 if it wasn't for emotion...

The car makes no sense as an investment-transportation or convenience.

I like the way they look and make me feel-:thumbs:

Richard

7T1vette 04-25-2018 03:09 PM

There are two basic ways of looking at this:

Honesty or Denial

I'm with you, Richard; 'honesty' is always better. I bought it 'cause I wanted it!!! Certainly not because I needed it.

EnfieldJoe 04-25-2018 03:11 PM

:iagree:

H P Bushrod 04-25-2018 03:17 PM


Originally Posted by 7T1vette (Post 1597074006)
There are two basic ways of looking at this:

Honesty or Denial

I'm with you, Richard; 'honesty' is always better. I bought it 'cause I wanted it!!! Certainly not because I needed it.

:iagree: Couldn't have said it better. :thumbs: :cheers:

general ike 04-25-2018 04:32 PM

Richard a little clarification. We buy a Vette because of an emotional attachment (none of us need a 45 year old Vette we want one). So we look to buy one due to emotion.

But when it comes to the actual purchase, emotion should not come into play, otherwise you may wind up with a overpriced, rust damaged, poor running Vette that will wind up costing you a small fortune.

I know that when I first started looking, I would get so excited when I went to see one. Most of them were junk or overpriced. Luckily I did not let my emotions buy one of these. New guys/gals get lured into the excitement and can make a large financial mistake. So A little advise take a deep breath and think with your head not your heart. Ike


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