Hi C3 guys
i'm a C2 guy mostly so don't know much about current values on the later model C3's.
Here the deal:
Friends of my parents mentioned that they had a corvette that they weren't using, the daughter is about to get her license and they are getting her a car and so the Corvette is now in the way and they need to sell it.
It's a '78, L82, auto, PS, PB, PW, A/C
a very original, very low milage car - it currently only has 9489 miles on it.
They are the third owners (technically only two owners since the previous owner was the mans brother who sold them the car but they never transferred the titale so paperwork wise there are really only two owners although they are the third "caretakers" of the car).
The car originally was purchased new and the original owner wanted to keep it in good condition so he only frove it rarely than 8 or 9 months after buying it was about to get married so had to sell the car. The second owner was in law school and kept the car at home so it got very limited use when he came home from school. After holding onto the car about 10 years the second owner sold it to his brother (the current owner) he used it on a limited basis for a few years than got tired of it. It only got used literally a couple times a year until about 2 years ago when he just really never drove it anymore. for the last year it has been completely unused and it hasn't even been started in a solid year. About a year ago he did take it to a local corvette specialist and had some brake work done on it, brand new tires installed and while it was there becuase it has spent so much time sitting with barely any use the corvette place told him it needed to have a number of the seals replaced so they actually pulled the motor and replaced the seals. since driving it home after that service work it has sat under a car cover untouched since.
Needless to sday, it needs some work. I went to see it a short time ago. It needs new paint badly. there is a lot of oxidation in the engine compartment, BUT the interior is in very good condition with the biggest issue in the interior being the headliner panel on one T-top is hanging down.
most importantly the frame looks GREAT under the car. It's very solid, and only very minimal surface rust.
you can get a better idea of the car by the pics on my website here:
http://69.253.166.197/page1/page127/page105/page105.html
The current owner has a large folder with all documentation on the car including service work done on it, registrations, titles, etc.
The title is still actually in his brothers name (the second owner).
They mostly just want the car gone and out of their way.
Any idea of the value on this car?
There is a possibility that I may be able to get this car cheap, around $5,000. Since it does have the desireable L82 motor, would $5k be a good price to pick this car up for even with all the cosmetic work it needs.
the biggest issue on a car with this amount of limited use would normally be the expense of pulling the motor and replacing the dried out seals and gaskets but that was already taken care of a year ago.
I'd really appreciate any feedback or opinions please. Thanks!
i'm a C2 guy mostly so don't know much about current values on the later model C3's.
Here the deal:
Friends of my parents mentioned that they had a corvette that they weren't using, the daughter is about to get her license and they are getting her a car and so the Corvette is now in the way and they need to sell it.
It's a '78, L82, auto, PS, PB, PW, A/C
a very original, very low milage car - it currently only has 9489 miles on it.
They are the third owners (technically only two owners since the previous owner was the mans brother who sold them the car but they never transferred the titale so paperwork wise there are really only two owners although they are the third "caretakers" of the car).
The car originally was purchased new and the original owner wanted to keep it in good condition so he only frove it rarely than 8 or 9 months after buying it was about to get married so had to sell the car. The second owner was in law school and kept the car at home so it got very limited use when he came home from school. After holding onto the car about 10 years the second owner sold it to his brother (the current owner) he used it on a limited basis for a few years than got tired of it. It only got used literally a couple times a year until about 2 years ago when he just really never drove it anymore. for the last year it has been completely unused and it hasn't even been started in a solid year. About a year ago he did take it to a local corvette specialist and had some brake work done on it, brand new tires installed and while it was there becuase it has spent so much time sitting with barely any use the corvette place told him it needed to have a number of the seals replaced so they actually pulled the motor and replaced the seals. since driving it home after that service work it has sat under a car cover untouched since.
Needless to sday, it needs some work. I went to see it a short time ago. It needs new paint badly. there is a lot of oxidation in the engine compartment, BUT the interior is in very good condition with the biggest issue in the interior being the headliner panel on one T-top is hanging down.
most importantly the frame looks GREAT under the car. It's very solid, and only very minimal surface rust.
you can get a better idea of the car by the pics on my website here:
http://69.253.166.197/page1/page127/page105/page105.html
The current owner has a large folder with all documentation on the car including service work done on it, registrations, titles, etc.
The title is still actually in his brothers name (the second owner).
They mostly just want the car gone and out of their way.
Any idea of the value on this car?
There is a possibility that I may be able to get this car cheap, around $5,000. Since it does have the desireable L82 motor, would $5k be a good price to pick this car up for even with all the cosmetic work it needs.
the biggest issue on a car with this amount of limited use would normally be the expense of pulling the motor and replacing the dried out seals and gaskets but that was already taken care of a year ago.
I'd really appreciate any feedback or opinions please. Thanks!
otfl
