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Topic: To Buy or Not to Buy

in Forum: C3 General Discussion


To Buy or Not to Buy

Posted: 10/2/05 5:49am Message 11 of 25
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Scott, LA - USA
Joined: 2/26/2004
Posts: 303
Vette(s): 77 L82 coupe
Still tryin to do the link to my homepage thing so its not working right heres the link. I swear Ill fix it though!

www.calliesworld.com

Flem









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To Buy or Not to Buy

Posted: 10/2/05 8:40am Message 12 of 25
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Joined: 3/19/2005
Posts: 385

if it were a convertable i would buy. vette magazine says a 69 coupe in crummy condition is worth $8,000, decent condition $14,000, good $18,100, fabulous $24,200. i also believe 74-77 vettes are getting hotter and hotter regardless of the small h/p engines. that is my only regret about my 77, not enough h/p. still it is what i wanted, i'm satisfied. regardless, a vette is a vette.




To Buy or Not to Buy

Posted: 10/2/05 10:47am Message 13 of 25
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Canada
Joined: 8/6/2004
Posts: 533
Vette(s): Coupe 74 - 454 Drive it like you stole it!
It's all been said, but here's my .02
 
Don't think of it as an investment.  Maybe your 81 is a daily driver where you didn't have to put much work and cash to keep it up (good for you!), but a 2.5 69 will certainly require A LOT of $$$ (have a gooooood look at the major components; heads, suspension, brakes system, steering system, frame...).
 
Like some said "too much money invested to recoup, but was not planning to sell anyway...".  This is what I am facing as well; paid 10k for a big block, must have spent 2000$ in the last year (for stuff that you can't even see....), but there's another 20k coming up in the next 12-15 years.
 
I LOVE the look of the chrome bumpers and the price is starting to go up exponentially.  You can get one before it get's totally out of hand, but make sure you have reserves to get it on the road, because what makes us spend too much and sweat like hell, is that one Sunday morning drive once in a while that make it all worth it.
 



To Buy or Not to Buy

Posted: 10/2/05 10:48am Message 14 of 25
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Frederick, MD - USA
Joined: 2/20/2003
Posts: 548
Vette(s): Frederick County Corvette Club (Maryland) Tan 64 365 Hp Conv 4 sp Red 72 4 sp Conv ..running a '68 327 Blue 76 Coupe L 48 4 sp White 79 Coupe L 82 auto Silver 98 Conv, 6 sp 35th Anniv '88 vette

I just cleared my first response because it got VERY long winded...

Basically it boils down to that these cars are completely different  suited for two completely different uses...
The 81 is a cruiser...similar to my 79....Nice car to go out for a Sunday Drive in...
The 69 is for fun.. (drive it like you stole it)  like my 72. Nice car to take out and drive hard over the local twisties then come home nice and relaxed...

OSSW1...the original poster just has to ask himself what type of car he wants... 

Value ???  Not going to get into that except that I kind of place a very high value on the smiles per mile I get out of a car...

Bob G
     





Bob
64,72 & 98 Corvette Ragtops
76 & 79 & qa 88 ANC Corvette Coupes

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To Buy or Not to Buy

Posted: 10/2/05 12:46pm Message 15 of 25
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DUNEDIN, FL - USA
Joined: 10/22/2004
Posts: 833
Vette(s): 1969 COUPE CORTEZ SILVER, BRIGHT BLUE INTERIOR 383 cu. in. 512 HP. Hooker headers w/ side pipes PS PS AC AM FM STEREO. 68,000.MILES C5 5oth Anniversary Coupe , auto.350hp

I`m a Chrome bumper car man myself, ayear ago i paid 10,500 for my 69 with 59000, miles. 1-5 i`d say mine was a 4.I got lucky. Even still your estimate of ten G`s is probably a little modest. I`d like to know what you seen to rate it 2.5. Paint and interior alone will cost 7G.

If the car is all there is worth it. You`ll always get a great value on a chrome bumper car when it comes time to sell.If you don`t have to drive daily I`d say go for it. Check it out closely though.




To Buy or Not to Buy

Posted: 10/2/05 7:58pm Message 16 of 25
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Rocklin, CA - USA
Joined: 4/2/2005
Posts: 484
Vette(s): 1970 T-Top350/350hp numbers matching 4 speed. It's a mess and 1970 Convertible 4 speed.

Thanks for the input. It's nice to bounce ideas of other sources. The condition of the car is this.

1) The engine seems to look rebuilt. The whole engine compartment looks quit good. Does not match the rest of the car. When the engine is running a lifter seems to be sticking. There is a oil leak coming from the front engine seal. Just by the way the oil splatter looks on the oil pan. Transmission seems to be OK.

2) The front end has new bushings and looks quit good. The head lights do not work they are in the open position.

3) The whole interior needs to be replace. Major water damage from the window seals being shot. The power windows work but barley. The window wipers do not work. The t-top panels look good. The steering wheel moves up and down a little. The odometer and tack do not work.

4) The back wheel bushing needs to be replace. It has a new fuel tank. I did not check the wheel bearings.

5) The body has one stress crack. The paint looks OK.

Thats about all I know.  What do guys think?

My 81 only has 56,000 on her and I have to say I do enjoy driving her on the weekends.




To Buy or Not to Buy

Posted: 10/3/05 3:52am Message 17 of 25
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HINGHAM, MA - USA
Joined: 9/5/2003
Posts: 36
Vette(s): 1970 COUPE - LS5 454 - AUTO - A/C,PS,PB,TILT. WHITE WITH RED INT. PRISTINE - LIKE THE DAY IT WAS BORN. (Previously owned a White '76. Sold it in 2000.)

Wow, Sounds like a lot of work. If you have access to  large garage and you can do the work yourself, it may be worth it. But from the amount of the work needed (follow the rust inside the door panel), you could spend a year just trying to make it a driveable (without fear of pending doom). It sounds like this car has been neglected if not abused. I'd keep and enjoy my daily driver, keep on looking, or offer a lot less money.

Just my 2 cents.

Kevin

 




1970 COUPE - LS5 454 - AUTO - A/C,PS,PB,TILT. WHITE WITH RED INT. PRISTINE - LIKE THE DAY IT WAS BORN. (Previously owned a White '76. Sold it in 2000.) |IMG|http://www.C3VR.com/member_uploads/3901_4000/3925/70vettewhite1.jpg |/IMG|

To Buy or Not to Buy

Posted: 10/3/05 6:13am Message 18 of 25
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Canada
Joined: 9/29/2004
Posts: 55
Vette(s): 1980 Corvette L-48 automatic all original with 129,000 Kilometres(77000. Miles) Dark claret exterior, Dark claret interior

I always find if you think it needs $10,000 it more than likely will double in no time and will cost you  $20,000. in repairs.

Thats just my experience when it comes to cars. not being negative just realistic..............................

80vettecanada38628.2598148148


Joe

To Buy or Not to Buy

Posted: 10/3/05 6:43am Message 19 of 25
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Frederick, MD - USA
Joined: 2/20/2003
Posts: 548
Vette(s): Frederick County Corvette Club (Maryland) Tan 64 365 Hp Conv 4 sp Red 72 4 sp Conv ..running a '68 327 Blue 76 Coupe L 48 4 sp White 79 Coupe L 82 auto Silver 98 Conv, 6 sp 35th Anniv '88 vette

If you could keep your 81 and spend 1-2 or even 3 years on the 69 I think you would be very happy...  (9 grand is a fair deal in my opinion...
IF you could do the work yourself and have the time... it would be a perfect project.

If I were 40 again I would have that car in my garage now and I would have been  in it, over it, under it, and making up a game plan... Been there done that and I actually really enjoy re doing cars... BUT I am now in my 60's so I would have to pass ...

Shame you can not keep the 81 and drive it while you redid the 69...my 1st Corvette took 16 months to get on the road and I rushed it...The second took almost 3 years but I always had the other Corvette that I could drive... Needless to say the second one was done right I cut corners on the 1st because I wanted to drive it...like yesterday...

Bob G.   



Bob
64,72 & 98 Corvette Ragtops
76 & 79 & qa 88 ANC Corvette Coupes

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To Buy or Not to Buy

Posted: 10/3/05 8:09am Message 20 of 25
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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

Now that we know the details, I'd say it's a little pricey for a small block with that much work to do.  My estimate is $7500 tops, but that's me.  Interior work is very expensive and a PITA. 

Mark

 

 




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