Help assessing the value
#1
Racer
Thread Starter
Help assessing the value
1970 Roadster. Had this car inspected, but am not sure where to put the value. Need some help from you experienced guys. I'm a little scared by the rust issues but am not sure if my expectations just need to be adjusted. Price is $15k pretty firm.
Here are some details from the inspector:
Here are some details from the inspector:
Last edited by Hayes69; 05-22-2017 at 10:13 AM.
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MISTERZ06 (05-22-2017)
#4
Racer
Member Since: Jan 2005
Location: Lake in the Hills IL
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Reason I said that is...
1) Birdcage is shot just from the photos, not sure how bad the kick panel areas look but guessing pretty bad... meaning you would have to significantly repair or just replace the whole thing. Then you run into issues w/ DMV since birdcage has the VIN and when you're all done you might end up with a special state VIN. Also if you don't fix it soon, it's a significant safety issue for you and your passengers. So expect $3-4k if you do the repairs yourself based on some threads I've seen recently out here.
2) Paint: expect to pay $6500+. That paint is worse than fair based on photos.
3) While the car is apart may as well do a whole lotta everything else. $$$
1) Birdcage is shot just from the photos, not sure how bad the kick panel areas look but guessing pretty bad... meaning you would have to significantly repair or just replace the whole thing. Then you run into issues w/ DMV since birdcage has the VIN and when you're all done you might end up with a special state VIN. Also if you don't fix it soon, it's a significant safety issue for you and your passengers. So expect $3-4k if you do the repairs yourself based on some threads I've seen recently out here.
2) Paint: expect to pay $6500+. That paint is worse than fair based on photos.
3) While the car is apart may as well do a whole lotta everything else. $$$
#5
Melting Slicks
1970 Roadster. Had this car inspected, but am not sure where to put the value. Need some help from you experienced guys. I'm a little scared by the rust issues but am not sure if my expectations just need to be adjusted. Price is $15k pretty firm.
Here are some details from the inspector:
Here are some details from the inspector:
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MISTERZ06 (05-22-2017)
#7
Team Owner
Member Since: Sep 2006
Location: Westminster Maryland
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Hi H,
Photos 6 and 7 show a VERY rusty frame.
The windshield frame is likely just the BEGINNING of how rusty the birdcage is.
There is NO reason to knowingly buy a rusty Corvette!
If the owner would offer to GIVE you this car and $5000 you should respectfully decline.
I hope you Keep Looking!
Regards,
Alan
Photos 6 and 7 show a VERY rusty frame.
The windshield frame is likely just the BEGINNING of how rusty the birdcage is.
There is NO reason to knowingly buy a rusty Corvette!
If the owner would offer to GIVE you this car and $5000 you should respectfully decline.
I hope you Keep Looking!
Regards,
Alan
Last edited by Alan 71; 05-22-2017 at 10:45 AM.
#9
Administrator
Member Since: Jul 2000
Location: About 1100 miles from where I call home. Blue lives matter.
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Wow, you usually have to look harder to find the rust on the windshield frame that most of these cars have, but those 2 pictures are remarkable.
The first thing you notice on that car is that black wasn't offered that year, but the paint is in such poor condition it didn't matter. But as everyone correctly stated, that level of frame rust makes the car have zero value.
Good decision.
The first thing you notice on that car is that black wasn't offered that year, but the paint is in such poor condition it didn't matter. But as everyone correctly stated, that level of frame rust makes the car have zero value.
Good decision.
#12
Instructor
There are a bunch of solid cars out there in the $20k to $25k range. What's important to you? Automatics are cheaper, coupes are cheaper, '70's bring a little more money because of the higher compression motors and the short production run. If you're set on a chrome bumper car, the '72's tend to be a little less due to the net horsepower rating change.
#14
Racer
Thread Starter
Originally Posted by JohnnyQuik
There are a bunch of solid cars out there in the $20k to $25k range. What's important to you? Automatics are cheaper, coupes are cheaper, '70's bring a little more money because of the higher compression motors and the short production run. If you're set on a chrome bumper car, the '72's tend to be a little less due to the net horsepower rating change.
#15
Racer
Hayes00 thanks for posting the pics. This was very informative. I'm too am glad you passed on this. A fine C3 Buying 101 lesson.
#16
Racer
Hate to see a '70 go Tango Union, but the expense of bringing it back would put you further upside down than a frightened ostrich. Maybe someone with a nice trouble-free frame and pristine running gear could make the deal fly, but even that might be iffy. Fist bump for posting the find and asking for input, it saved you a boat load of money, worry, frustration and remorse.
Tex
Tex
#17
Intermediate
1970 Roadster. Had this car inspected, but am not sure where to put the value. Need some help from you experienced guys. I'm a little scared by the rust issues but am not sure if my expectations just need to be adjusted. Price is $15k pretty firm.
Here are some details from the inspector:
Here are some details from the inspector:
#18
Race Director
concur. run, forrest run!