Well, this is an interesting thread! I have an interesting story on how I acquired my first Corvette.
I acquired my Corvette at an estate auction just a couple weeks ago. They were liquidating the contents of a home, and the son of the deceased owner put a 1975 Corvette and a 1969 Nova up for auction.
He acquired this Vette from a local businessman (who apparently owed him some money) – and said it had not been on the road in the last year and a half. It had been driven from somewhere nearby to his house, conveniently located across the street from the location of the sale. Obviously there was not much attachment to the Corvette from this guy.
I was really more interested in the Nova, but the combination of the two piqued enough interest that I had to go. I had never gone to an estate auction before.
I had plenty of time to look the car over, but I had never really looked at a Vette before, so I just did some basic used car checking – to get an idea of the condition of the car. It was a little faded on the hood, and some of the paint was starting to bubble. Lots of non-essential parts missing (like the AC compressor, seat belt, radio antenna, choke blade, etc) and it had way-too-wide rims in the back.
This car started, barely, with a high idle and lots of backfiring. The seller indicated the rear frame was solid, and it was going to need brake work and a carb rebuild.
The cars were auctioned at noon. The Corvette went first and bidding started low, so I jumped in. I don’t think any Corvette enthusiasts were there, as I was bidding against people who were buying other items at the auction (no doubt to resell). I felt the bidding was quite low on the car, based on what I had seen on ebay and various web sites. By 2:15 I had the title in my hand. (The Nova bidding went way too high so it was a good thing I did not wait for that.) The seller let me leave the car on the property so I could arrange to get it home.
Well when I left there I thought I would get it the next Monday (it was Saturday). By the time I got home I had caught the bug and wanted to get it home ASAP. I put together a box of tools and supplies. When I got back to the car, I added some brake fluid, but it did not help the soft brake pedal. There were no leaks so I guessed it must be the master cylinder. I figured the only way I could drive with such spongy brakes was if I could get the engine running OK (the high idle was overpowering the brakes).
Then I changed the plugs (the plugs that were in the car were at least one heat range too cold), and noticed that four of the eight wires were not clicked on to the plug. Once I fixed these problems that Chevy idled real high, which I fixed easily by cranking down the idle and reducing the timing to 10 degrees BTDC. By then this Corvette was starting to sound really good.
I do not recommend this, but then I drove it about half an hour on really weak brakes to get it home. I had one of my buddies drive ahead so he could give me warning of any sudden braking needed. I used the soft brakes and the shifter to stop the car.
Now it’s in my garage and waiting patiently for me to finish up other projects to really get started on it – hopefully in the next week or two.