I have the opportunity to buy a 1961 corvette for $8000. It is a
basket case - frame is straight and the body is good from the firewall
back. The front clip is also there but is a new after market piece. It
has all of the parts - trim etc. that were on the car. It has the
correct 283 ci engine and tranny but it is not #'s matching.
is this car worth $8000 as it sits? We're talking total resto here.
Any input and objective advice is needed - fast!
Check out this NADA link and see the values of the 61.
go from there...
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Grant me the senility to forget the people
Could be, but most likely will need to be restored to original to
outrun the cost of restoration. I just left a shop that does them and
one of the '61s he's working on will top $100,000, not stock. Another
57 was going to get hit with a $40,000 labor bill. These are prices
that shops get and are representative of the time (cost) you will get
into a job like you're suggesting needs to be done.
If it has all of the parts it would be the first time that has ever
Prior owner of a 1961 silver/red/4 speed/dual 4
Buy my car for $8500 and tell me where this '61 is.
I know these can vary greatly from what you think you are getting and what
you actually get, but I haven't seen any C1s going cheap in a long time. If
you can get more info, pictures, etc, we could be more accurate on price,
but I think you had better go for it.
Just remember, you need to do much of the work. You hire it out, you might
as well go buy one ready to go for $60,000 and enjoy it today, rather than a
year from now.
I make the assumption that it has a good title...!
But with a Good Frame and the complete Body..it is
very hard to go wrong at that price.....
Now to restore such a car is going to run you another 40-50 K
at the minimum...
On Thu, 04 May 2006 13:33:23 -0500, snipped-for-privacy@CHARTER.NET wrote:
Just some prices: Windshield and frame $2500, pair of recovered seats $2500,
hardtop $2500, every piece of stainless regardless of size $100 or more.
Grill bar and teeth $350, etc.. Very expensive though way cheaper than
Bob G. wrote:
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