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Topic: value for a rare vette

in Forum: C3 General Discussion


value for a rare vette

Posted: 3/29/07 3:18pm Message 1 of 13
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williamston, NC - USA
Joined: 1/19/2006
Posts: 353
Vette(s): 1969 coupe, 350, m22 trans, ac, black on black,
 I am ready to put classic car insurance on my 69 vette, Id like an idea of her true value,,,,,Its a 69,,350/350,,original block,,aluminum heads,,a true m22 rock crusher tranny,,(one of 101 built)  heavy duty suspension from the factory,, a/c/ t top,4.11 gear (factory).. I really be;ieve she is a rare bird,, In very good condidtion,, no rust,,I need a good estimate,,Rd



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value for a rare vette

Posted: 3/29/07 3:48pm Message 2 of 13
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Saxonburg, PA - USA
Joined: 11/14/2003
Posts: 143
Vette(s): 1982 Black over red, doing a resto.
Insure it for how much you would sell it for.
 
How much would it cost you to replace it?
 
I don't think you will get more than what the insurance co. thinks it's worth, unless you put some kind of value on it.
 
Only you can set a replacement cost on it.
 
Maybe someone has a classic NADA book that can help, that's a member here.
 
If you are like me, I have lot's more in mine than it's worth!!!
 
Denny



value for a rare vette

Posted: 3/29/07 3:51pm Message 3 of 13
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Frederick, MD - USA
Joined: 9/8/2003
Posts: 3398
Vette(s): 1969 convertible L71 427/435 4-speed black interior
Are you sure it has FACTORY aluminum heads? If so, you better have some serious documentation (same for the M22) to establish its provenance and to make a case for additional value.

According to The Corvette Black Book, the '69 350/350 used the same cast iron heads the 350/300 did. There was another casting used for 350/350's, but it makes no mention of it being aluminum.

You're right there were 101 M22's installed in the '69 model year...and that includes all combinations, most likely most went into big blocks such as the L88's and the two ZL-1's. If your small block has a factory installed Rock Crusher and you have the documentation to back it up, that would be a very rare car. Without documentation, it's just another Corvette 350/350 that has some nice extra parts installed.Gunslinger2007-03-29 15:53:08


value for a rare vette

Posted: 3/29/07 4:06pm Message 4 of 13
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williamston, NC - USA
Joined: 1/19/2006
Posts: 353
Vette(s): 1969 coupe, 350, m22 trans, ac, black on black,
 thanks for the response,, Maybe I DIDNT MAKE IT CLEAR,, MY CAR HAS THE ORIGINAL BLOCK ,BUT EDELBROCK ALUMINUM HEADS,,,she does have a true factory installed M22, Rockcrusher,, It was an Arizona car,, special ordered by the original owner,,(documented),, as a road racer,   special heavy duty suspension,although to my knowledege it was never raced,,It came as an Ontario orange car,,but the buyer had it painted by the dealer,,black,,before he took delivery,,why he didnt just order it black, I dont know,,maybe he couldnt get the option pack ,,anyway,,Im trying to learn more about it,,rd


value for a rare vette

Posted: 3/29/07 4:27pm Message 5 of 13
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HOWELL, NJ - USA
Joined: 5/18/2004
Posts: 6812
Vette(s): 1979, Targa Blue (72 Color), Pace Car rear spoiler, L88 hood, Dark blue factory interior, 525HP 406, HD 700R4, 370 gears,Steeroids, composite rear spring, TT IIs wrapped in T/A Radials.
It's hard to say. Good condition means a lot of different things to different people.  Confused   I was looking at a values book today and I believe a "Show Ready" 350/350 came in at 25K. Show ready was a step above "Good".....


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value for a rare vette

Posted: 3/29/07 5:41pm Message 6 of 13
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Forest Grove, PA - USA
Joined: 2/15/2007
Posts: 23
Vette(s): 71 WarBonnet 72 Bryar Blue
Before I insured my car, I had a professional appraisal done, and sent a copy to the insurance co. The insurance company will insure any agreed amount within reason. They know what the cars are worth. My .02


value for a rare vette

Posted: 3/29/07 6:04pm Message 7 of 13
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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
If there is an experienced appraiser in your area, who knows Vettes, it would be worth it to have it appraised.


 
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value for a rare vette

Posted: 3/30/07 9:00am Message 8 of 13
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Garnet Valley, PA - USA
Joined: 2/26/2007
Posts: 22
Vette(s): 1971 Corvette Coupe 454-LS5 Brands Hatch Green; Matching Numbers
I have mine insured with JC Taylor. I know that their limit was $30K without an appraisal cert. I just had the limit raised on my policy within the last 30 days - so this is the most recent info from them. I would recommend an appraisal be done as well - for a few hundred $ for the appraisal it is well worth it - especially if it is a rare car. Besides, the insurance is so cheap, why under-insure the car????


value for a rare vette

Posted: 3/30/07 9:20am Message 9 of 13
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Joined: 3/19/2005
Posts: 385

Hey Rick, I'm looking in my Corvette Enthusiast magazine and it shows the auction price of a T and a vert. The T with a 427 - 435 engine sold for $90,000 high end at Barret-Jackson auction. If you can get a C.E. mag. check out pages 84 and 85. By the way the vert sold for $141,000 high end. Good Luck, Gene




value for a rare vette

Posted: 3/30/07 2:33pm Message 10 of 13
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North Charleston, SC - USA
Joined: 3/20/2004
Posts: 4176
Vette(s): 1975 L48 AT AC T-top
If you can find a CPI ( Cars of Particular Interest) Black Book, it usually gets you very close to the market value. It includes rare items like the M22. This is an average derived from actual recent sales of the make/model that you are looking for or selling. You can get the NADA prices on the internet at www.nada.com   but those numbers always seem unrealistically high to me. However, most credit unions use these numbers when determining loan values.

Good luck,
Scott
ranger32007-03-30 14:34:17


in Forum: C3 General Discussion


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