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[C2] Does incorrect trim code paint greatly affect value of C2?

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Old 10-18-2017, 01:07 PM
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Gina4osu
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Default Does incorrect trim code paint greatly affect value of C2?

Hello, I'm looking at a 1965 Corvette that has a trim code paint code as silver but is painted white. Engine, Trans and rear end all matching numbers. Has had same owner for 38 years. How much will this affect value. Paint job is pretty good and I would not have known it was silver if not for the trim code. I'm considering purchasing it but not sure if I would be paying too much. Any advice would be appreciated.
Old 10-18-2017, 03:51 PM
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GTOguy
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My opinion, and it's based on pretty much all collectible cars with paint codes: If the color is changed, deduct the cost of refinishing back to original color. With these cars, depending on location and quality, that will run roughly 12-20k. There are exceptions. If the car was an unpopular color originally and changed to a more popular/desirable color, the impact on value would tend to be less or not even a factor. What I see here is that silver is one of the more desirable colors. White is one of the least desirable. If the car in question had been changed from silver to black, it would be worth more to most buyers. So what you have is a desirable original color car changed to a less desirable color. The value is 12-20k less, IMO.
Old 10-18-2017, 04:15 PM
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MOXIE62
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Originally Posted by GTOguy
My opinion, and it's based on pretty much all collectible cars with paint codes: If the color is changed, deduct the cost of refinishing back to original color. With these cars, depending on location and quality, that will run roughly 12-20k. There are exceptions. If the car was an unpopular color originally and changed to a more popular/desirable color, the impact on value would tend to be less or not even a factor. What I see here is that silver is one of the more desirable colors. White is one of the least desirable. If the car in question had been changed from silver to black, it would be worth more to most buyers. So what you have is a desirable original color car changed to a less desirable color. The value is 12-20k less, IMO.
White is pretty as long as the interior is red. But getting to the OP's question. I would just put a repro paint tag on it. They look pretty good. Most of the C1's have a different paint but nobody knows because there were no tags for those years. I think if you told any future buyer of tag replacement, they would not think to much about it.
Old 10-18-2017, 04:40 PM
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Chuck Gongloff
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Originally Posted by MOXIE62

But getting to the OP's question. I would just put a repro paint tag on it. They look pretty good.

Most of the C1's have a different paint but nobody knows because there were no tags for those years. I think if you told any future buyer of tag replacement, they would not think to much about it.
I'm hoping this is an attempt at a joke, and that you're not serious.
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Old 10-18-2017, 04:50 PM
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Originally Posted by Chuck Gongloff
I'm hoping this is an attempt at a joke, and that you're not serious.
I agree!
Old 10-18-2017, 05:14 PM
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Gina4osu
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Ok. Well how much would you think I should pay for this car with the non original paint? Paint has a little cracking around back glass but otherwise pretty nice for an older repaint and black Interior is in very good condition. Engine compartment also nice and no rust.. a little surface rust. The 65 has no ps or power brakes. Has power glide, knock off wheels and factory side pipes. I don’t know if I should go ahead and purchase or wait for one with original paint. Your responses are much appreciated!!
Old 10-18-2017, 05:38 PM
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MOXIE62
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Originally Posted by Chuck Gongloff
I'm hoping this is an attempt at a joke, and that you're not serious.
No, I would not buy the car but there are plenty people who would. A member just recently sold a SWC for 95K, and it had a newer year frame on it. And it's not just the frame being different, but what was the reason for frame not being original to car. Bad wreck or bad rust. As far as value I would say -5K.
Old 10-18-2017, 06:04 PM
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GTOguy
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An powerglide automatic will hold the value down as well. I agree that white gets a total pass with a red interior! Sharp color combo indeed. White also looks great with a blue interior, IMO.....We would need to see good photos of the car for a better ballpark estimate of value.
Old 10-18-2017, 06:27 PM
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Originally Posted by GTOguy
My opinion, and it's based on pretty much all collectible cars with paint codes: If the color is changed, deduct the cost of refinishing back to original color. With these cars, depending on location and quality, that will run roughly 12-20k. There are exceptions. If the car was an unpopular color originally and changed to a more popular/desirable color, the impact on value would tend to be less or not even a factor. What I see here is that silver is one of the more desirable colors. White is one of the least desirable. If the car in question had been changed from silver to black, it would be worth more to most buyers. So what you have is a desirable original color car changed to a less desirable color. The value is 12-20k less, IMO.



Originally Posted by MOXIE62
White is pretty as long as the interior is red. But getting to the OP's question. I would just put a repro paint tag on it. They look pretty good. Most of the C1's have a different paint but nobody knows because there were no tags for those years. I think if you told any future buyer of tag replacement, they would not think to much about it.
Old 10-18-2017, 06:56 PM
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Originally Posted by GTOguy
My opinion, and it's based on pretty much all collectible cars with paint codes: If the color is changed, deduct the cost of refinishing back to original color. With these cars, depending on location and quality, that will run roughly 12-20k. There are exceptions. If the car was an unpopular color originally and changed to a more popular/desirable color, the impact on value would tend to be less or not even a factor. What I see here is that silver is one of the more desirable colors. White is one of the least desirable. If the car in question had been changed from silver to black, it would be worth more to most buyers. So what you have is a desirable original color car changed to a less desirable color. The value is 12-20k less, IMO.
I would agree with this as long as we're talking about a high-level restoration. If we're talking about a driver-quality car, then I'd say the deduction is a lot less. That's because anyone considering a restoration would have to put in the cost of a repaint regardless of the color code. In that sort of case, I'd say about $5-10K.

Also, as others have noted, the new versus old color matters a lot. A more popular color combo will make up for alot of the non-matching code issue.
Old 10-18-2017, 06:56 PM
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Originally Posted by GTOguy
An powerglide automatic will hold the value down as well. I agree that white gets a total pass with a red interior! Sharp color combo indeed. White also looks great with a blue interior, IMO.....We would need to see good photos of the car for a better ballpark estimate of value.
Yet my '62 sold for good money because the guy who bought it was a doctor on the hunt specifically for an automatic trans car. And when I was looking for my newly acquired C2 I specifically wanted a nice fully loaded PG car. For me and many others I would never consider a 4 speed car. There's a butt for every seat, as the saying goes.

Old 10-18-2017, 08:25 PM
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Brian VH McHale
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What are the paint codes for silver and white? Could there be a trim tag mistake?
Old 10-18-2017, 08:30 PM
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Originally Posted by Gina4osu
Ok. Well how much would you think I should pay for this car with the non original paint?
It will be very difficult for the forum members to give you any kind of valuation based on a short description with no pictures.
Old 10-18-2017, 08:35 PM
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Randy G.
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Originally Posted by Brian VH McHale
What are the paint codes for silver and white? Could there be a trim tag mistake?
I like to refer to this:


http://www.stl-vettes.com/65Vette/tr...ag_Display.htm
Old 10-18-2017, 09:17 PM
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Gina4osu
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Default 65 trim tag

Hi the trim tag indicated Q -Q
Trim tag pic disappears when I save it UGG!!

Can I get a range of what I should be paying for this white C2? He wants 47500.

Last edited by Gina4osu; 10-18-2017 at 09:36 PM. Reason: Trying to paste trim tag
Old 10-19-2017, 07:33 AM
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65hihp
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There is sure a lot of crazy stuff written on this internet!
Old 10-19-2017, 08:20 AM
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Brian VH McHale
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Originally Posted by Gina4osu
Hi the trim tag indicated Q -Q
Trim tag pic disappears when I save it UGG!!

Can I get a range of what I should be paying for this white C2? He wants 47500.
If QQ is silver and CC is white a mistake could have happened?

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Old 10-19-2017, 08:30 AM
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Originally Posted by Brian VH McHale
If QQ is silver and CC is white a mistake could have happened?
Not likely. I’m sure if you remove some interior parts and start looking for oversparay your find silver.

If the op likes the current color combo can live with the paint, likes the rest of the car and likes the price it seems like it’s a ok deal.
Old 10-19-2017, 08:36 AM
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It would depend on the quality of the paint job and the rarity of the options. If it's a base model I don't think a color change would hurt the value at all. I bought cars like this and if it was a solid/rustfree numbers car that's what is really important. If it's a restored/finished rare car, well that's a problem, but even then if the quality is there and it is now a more desirable color, I could see the car selling for full price to the right buyer. The pool of buyers for such a car is smaller.

About the trim tag swap issue, as much as we don't like it, the reality is it would help the value particularly if the car was originally a unpopular color or combo. I doubt anyone doing trim tag swaps would volunteer that information at the point of sale and the new owner, if the paint was properly done, would go through his time as the new owner content in the belief that it was as delivered when new.
Old 10-19-2017, 08:39 AM
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Originally Posted by Nowhere Man

If the op likes the current color combo can live with the paint, likes the rest of the car and likes the price it seems like it’s a ok deal.
This makes the most sense of any response.

In order to assume there are deductions on any given car's feature, you have to assume that every buyer wants absolutely the best, finest, most perfect this or that. And that is patently false.

There is no deduct for anything on a used car. Only premiums for something extra the purchaser desires. And some purchasers give silly money for silly stuff.

Last edited by MikeM; 10-19-2017 at 08:57 AM.


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