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Topic: Appreciation of Corvette Prices

in Forum: C3 General Discussion


Appreciation of Corvette Prices

Posted: 10/14/07 7:20pm Message 1 of 49
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Hurst, TX - USA
Joined: 10/14/2007
Posts: 173
Vette(s): 1972 Corvette Coupe. 350/200 Automatic with PS/PB/PW and A/C. Beautiful Bryar Blue. Unmolested original. Shooting for NCRS Top Flight someday.
Hello folks...
 
I am new to C3VR.  I do not currently have a Corvette, however, my wife has given me the green light to buy one...well almost green.  I am looking at a 1968 427/390 frame off restored.  Can anyone tell me where I can find any information on the current rate annual price increases in 1968 to 1969 big block models?  It might help convince my wife that now is the right time to buy (and before I can no longer afford to get me that dream car!)
 
Sorry if this is an old question. Thanks in advance for any information that you might provide.
 
Regards,
Roger



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Appreciation of Corvette Prices

Posted: 10/14/07 8:03pm Message 2 of 49
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Burke, VT - USA
Joined: 1/23/2002
Posts: 7315
Vette(s):
SOLD - "The Toy" - '70 Convertible
SOLD - "The Beast" - '90 ZR-1 (#682)
SOLD - "Betty" - '28 Ford Model A Tudor
SOLD - "BLKBRRD" - '78 Pontiac Trans Am
"BLUBYU" - '04 Coupe
Corvette Magazine regularily does an article on market prices for each generation and special niche Vettes.  I don't recall where they are in the rotation but you could check the stacks at your local library for back issues.


Jim Olson 

"The Toys"...!!!  Save the Wave!

Where I've been in a Corvette...!!!

Appreciation of Corvette Prices

Posted: 10/14/07 8:25pm Message 3 of 49
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Duncanville, TX - USA
Joined: 11/8/2003
Posts: 20229
Vette(s): #1-1974 L-48 4spd Cp Med Red Metallic/Black deluxe int w/AC/tilt/tele./p/w-p/b/ Am-Fm/map light National/Regional/Chapter NCRS "Top Flight" #2-1985 Bright Red/Carmine Cp.L-98/auto Member: NCRS, NCRS Texas, Corvette Legends of Texas
Wow!! You're starting with one of the most popular Shark cars there is! Prices will be quite high, especially for a restored car. Plan on around $40-$50,000 for a quality car, depending on what other options it might have, such as headrests, speed warning, A/C, etc.
A nice, everyday "driver"-quality car will be a little less...$35-$40,000.
Good luck with your search! I hope you find the one that really knocks your socks off!! It's always best to buy the best car you can afford...never "settle" for something less than that.

Welcome to C3VR!!! I see you're a "local"!! Good to have ya!


Joel Adams
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Appreciation of Corvette Prices

Posted: 10/14/07 9:29pm Message 4 of 49
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visalia, CA - USA
Joined: 10/27/2006
Posts: 641
Vette(s): 1981 red with silver interior,350(L-81), 350TH, glass t-tops, aluminium rims, 1980 Black/ Black int., 350 GM crate engine/350TH, 1976 black/ saddle int., L-82 w/headers, holly carb, Hypertech ignition

First of all,  welcome to the site.  Look in 'Corvette & Chevy Trader'  its a nation wide "For sale" magazine dedicated to corvettes.   And Joels right, for what your looking for the prices are getting up there,  but like he said, try to get the best one you can possibly afford.  Good luck !




Appreciation of Corvette Prices

Posted: 10/15/07 2:47am Message 5 of 49
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Victor, NY - USA
Joined: 7/12/2004
Posts: 6842
Vette(s): 2004 Commemorative Edition Coupe, Auto w/HUD. 13K miles in 2015. Sold 1982 Red Coupe
Welcome to C3VR.
There are some great Vettes out there and the prices in those years are going up every day.
There are some unique features on the '68, so do some research (you will find lots of info right here) before you purchase.
Good luck and let us know what you find.



 
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Appreciation of Corvette Prices

Posted: 10/15/07 7:09pm Message 6 of 49
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Hurst, TX - USA
Joined: 10/14/2007
Posts: 173
Vette(s): 1972 Corvette Coupe. 350/200 Automatic with PS/PB/PW and A/C. Beautiful Bryar Blue. Unmolested original. Shooting for NCRS Top Flight someday.
Thanks everyone for the nice welcome!  My wife has been putting me off for years in buying a car and now everything from mid to late 60's vintage is all but out of reach for me.  I sold the car that my wife and I dated in (1965 Mustang Fastback) while I was in college in the early 80's.  The guy I sold it to still has it and it has been sitting in his garage since 1986.  I tried to get him to sell it to me a year ago and he wouldn't even discuss it.  Since I could not get that car back (My wife would have objected to that one) I have since began looking into a '68 or '69 Corvette.  Since my wife has no interest in it, I must convince her that it will be a good investment.  I know it will be much better than investing in a CD and I will have fun with it at the same time.
 
I'll do some research on this using your suggestions and let you know what I find out.
 
Thanks again,
Roger



Appreciation of Corvette Prices

Posted: 10/15/07 7:36pm Message 7 of 49
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Irving, TX - USA
Joined: 8/21/2004
Posts: 4273
Vette(s): #1 -1969 Corvette Coupe Riverside Gold, black interior,MN,A/C,350/350,PS,PB,window cranks. #2 -2000 C5, black/black, 6 sp, Bose system & lots of buttons.
I'm in Irving......not far from you. Big%20smile  I went with a '69, small block 350ci/350hp.......the work horse engine so I can DRIVE IT and I DO....LOLLOL  Good luck in what car you decide on and if you need any help, let me know.


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MICK - C3VR Lifetime Member #113

Appreciation of Corvette Prices

Posted: 10/15/07 8:12pm Message 8 of 49
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Lake Oswego, OR - USA
Joined: 12/29/2002
Posts: 355
Vette(s): 1968 Corvette T-Top Coupe, 427 L71, Rally Red Exterior, Saddle Interior
There are a lot of big blocks 68 & 69's that can be purchased for $20,000 to $25,000.  It just depends if it's been restored or been put together to be judged by NCRS (National Corvette Restoration Society).  Those cars will be $45,000 to $75,000 usually.  If you're looking for the fun of just having one, a 68 or 69 are great choices and being chrome bumper cars they should hold their value.  However if you want to get into judging, the 68 can be hard to find (dated) parts and there were a lot of one off parts.  I have a 68 and know about this.  It can be real tough to find some of the parts.

Mark



Appreciation of Corvette Prices

Posted: 10/15/07 8:35pm Message 9 of 49
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Montesano, WA - USA
Joined: 9/27/2003
Posts: 1931
Vette(s): had a really nice one. sold it to a good friend. Purchased 2004 custom coupe in Feb. 2009 did not tell anyone here until August 2009. BAD I KNOW.
okay welcome to the site it is my job here to screw everything up, have you considered the 1970 convertible?  brief outline: strike that year low production numbers, lowest number of converts since 1962 (if memory is good) and if you have the capital to use find yourself an LT-1, they only put around 1243 or so of those optioned engines in ALL of the production cars.
So if you want an investment or do you want to enjoy it, I personally LOVE driving mine so will i am interested in the resale value it is never going to keep me from driving it.  just want i am saying is that day when the vette is worth 6 figures will you still drive it?  thinking i will.
welcome
Larry
here is a link to a 1970 LT-1 http://www.vipclassics.com
and here is a nice 68 http://www.memorylanemotors.net



Appreciation of Corvette Prices

Posted: 10/15/07 8:46pm Message 10 of 49
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Good luck with your search. Let us know what you end up getting.


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