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Topic: C3 buying advise

in Forum: C3 General Discussion


C3 buying advise

Posted: 5/17/05 1:20pm Message 1 of 29
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Joined: 5/2/2005
Posts: 22

Hey guys, new to the group and would like to tap into some of the years of experience. I do not own a vet as of yet but will within the next couple of months. I would love to get a 68 - 72, I like the classic look and feel it will appreciate/ hold it's value more so than a newer model. I've talked my wife into this venture but I know I have to sell the idea of getting most of our money back at resale. Is my thinking realistic or will this going to be like some of my other ventures! I'm not interested in getting into a total restoration project car. Would love to hear back.




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C3 buying advise

Posted: 5/17/05 1:31pm Message 2 of 29
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BINGHAMTON, NY - USA
Joined: 7/19/2003
Posts: 3808
Vette(s): ......

yeah ,your on the right track,C3s are appreciating at a fairly good rate right now,a heck of a lot better than the new ones are,they are depreciating as soon as they come off the showroom floor,there is no way you can loose on a C3,unless you find a real CLUNKER,C1s,and C2s have already gone through the roof,now it's our turn,get yours now whille you can, they are going fast




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C3 buying advise

Posted: 5/17/05 4:28pm Message 3 of 29
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To be more specific: within the C3 cat. do you guys feel the 68 - 72/73's are a better bet than the 74 - 82's. Again as far as holding value and market demand. Thanks.


C3 buying advise

Posted: 5/17/05 5:12pm Message 4 of 29
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Rockland, MA - USA
Joined: 1/30/2003
Posts: 584
Vette(s): 76, L48, 4spd & 09, LS3, 6spd

Just my 2 cents -

they are all a blast to own, drive and play with. take your time and get the best car for the money you are willing to part with. it's like that old saying - pay me now or pay me later ......

good luck in your search and enjoy, but more importantly - drive whatever you buy.




 

 

C3 buying advise

Posted: 5/17/05 5:21pm Message 5 of 29
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Los Angeles, CA - USA
Joined: 1/27/2005
Posts: 260
Vette(s): 1972 elkhart green T-Top, New paint, one previous owner, 370hp/350, hookers/flowMasters. Original PW,PS,PB,AC. All docs.
I can't speak for the other parts of America, but the chrome bumpers here
have been going up quicker than the later years, though the later C3's
are a very good investment as well. The vintage Vette dealer near me said
she can't find clean straight bumpers (68-72) at low resale value anymore
and told me the later year C3's are next to soot up so she's buying them
up. But the bottom line is
C3 is a good investment. Mine has gone up in value since I bought it late
last year. Good luck on your search. I'm sure a lot of the guys here can
give you good tips on what to look for when inspecting potential cars.
Remind your wife that early C5's are going for less than a lot of the C3's
on the market!!!
And the old ones are both an INVESTMENT and a cool car


C3 buying advise

Posted: 5/17/05 7:10pm Message 6 of 29
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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
I think the chrome bumper cars are a good investment and will hold their value and should increase in value.  The newer C3's are a good buy and they haven't taken off big yet, but I suspect they will.  I don't think you can go wrong with a big block.  I have a 68 and they take kind of a bad rap for quality and are hard to find some original parts.  It seems the 69 is a very popular year.  If not looking for a big block a really good investment is an LT1 if you can find one reasonable.  Especially a 70, as the production numbers were down in 70 due to the extended 69 run.   corvette42738489.8746180556


C3 buying advise

Posted: 5/17/05 7:25pm Message 7 of 29
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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.

well well well I';; have to add my thoughts here, welcome to the shark pond, good luck on finding your baby.  I knew nothing, still don't, and I looked for over a year at lots of different vette.  twin chrome bumpers is where to be, IMHO.  I wish I had found this site before I bought one, but I love my vette.....

The only thing i can tell you and your wife (mine sounds alot like yours) (i whined for three years) is there is no better car to but to drive it for three to four years and then turn around and sell it for what you paid for it, that is if after owning it and driving it you could part with it, I know I couldn't.

Listen to the pros on this site and buy the vette that feels right in your gut, your heart, and your thoughts. when you do buy one don't look back if it breaks fix it, if it is a POS, improve it, wait, look, ask question, and then go for it.  good luck.... Larry




C3 buying advise

Posted: 5/17/05 9:01pm Message 8 of 29
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Roseland, NJ - USA
Joined: 12/4/2003
Posts: 966
Vette(s): 1974, 454 with 4 on the floor, matching numbers.

You're entering a whole new world, just like 1BadLT1 stated, I wish I new about this club. Unless you find a really pampered gem, you will spend some money on it. The more you look the more confused you get, at least I did !

68's are good cars, but parts are hard to find. I have a friend who has a 68 and he went through hell trying to find a part. 70,71,72's are still reasonably affordable. A 73 or 74 also has some desireable value. Each has claim to having some one of a kind features. If you find one with a Big Block and with a 4 speed you'll do fine, if it has matching numbers and low miles, you'll won't loose. It really comes down to want you want, and what you're willing to pay. I would look for a car that has had a lot of replaced parts with receipts. Brakes, hose's, suspension etc. The more the previous owner put into it the less you will. BUT LOOK CAREFULLY AND THROUGHLY !    




C3 buying advise

Posted: 5/17/05 9:06pm Message 9 of 29
Former Member
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Los Angeles, CA - USA
Joined: 1/27/2005
Posts: 260
Vette(s): 1972 elkhart green T-Top, New paint, one previous owner, 370hp/350, hookers/flowMasters. Original PW,PS,PB,AC. All docs.

The only thing i can tell you and your wife
(mine sounds alot like yours) (i whined for three years) is there is no
better car to but to drive it for three to four years and then turn around
and sell it for what you paid for it, that is if after owning it and driving it
you could part with it, I know I couldn't.



   I agree with Larry, first go with what you like, a Vette needs a 'loving'
home first and foremost (lots of TLC will have to go into it). It will become
'the other woman' in your life (believe me, or just ask my wife!).
    But I think that, with rising demand and low supply, you'll be able to
make a profit on a chrome bumper car in as little as a year if you chose
wisely.... that is if you can part with it after that....the bond grows strong.
CORVETTE427 has some very good investment tips. Hope we've helped
and welcome to the shark pond!


C3 buying advise

Posted: 5/17/05 9:10pm Message 10 of 29
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Joined: 12/16/2003
Posts: 630
I'll echo what the others have said. Take your time, don't jump on the first car you find. There are some really great cars out there, and there are some that look good but have rust issues that you won't want to deal with. Why not plan a trip to the Chicago area in June and check out the cars that will be available at the Bloomington Gold event. There are lots of cars, all years and price ranges. Not only do the Mecum people offer them at auction, but there are also some very fine privately owned cars that are for sale by owners.


in Forum: C3 General Discussion


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