Bring A trailer Sale of 63 SWC

[Dave S.]

[Dave S.]

[Jaime G.]

Re: Bring A trailer Sale of 63 SWC

Dave, you are absolutely correct. I have a twin to that car and mine has Duntov and BG award. As nuts as the price seems today, its a baseline for the future values of real original drivetrain, documented cars. To restore that car today and do it to that level will cost $125-$150K.

[Jaime G.]

Re: Bring A trailer Sale of 63 SWC

Dave, you are absolutely correct. I have a twin to that car and mine has Duntov and BG award. As nuts as the price seems today, its a baseline for the future values of real original drivetrain, documented cars. To restore that car today and do it to that level will cost $125-$150K.

Correction, I have a twin to the BAT car, Red fuelie.

[Eric P.]

Re: Bring A trailer Sale of 63 SWC

I was in Kissimmee, looked over several, and bid on a few Corvettes. Some or many of the prices just do not make sense. The cars that make the biggest jumps in inflationary times are usually the really good cars in the middle $ market. This of course does not necessarily mean the prices seen lately are the new norm. The days of really good somewhat "collectible" cars under $100k seem to be behind us at least for now. The new norm is somewhere in the $100-$200k range, and really good examples of desirable collectible cars are in a big range of up to approximately $500k. For now, this is no different than people becoming accustomed to house prices for middle class families moving up to $1M in many larger markets across the country. There may be some adjustment coming, but as seen in the past the prices for property and cars have crossed new thresholds and won't be going back to where they were just a few short years ago.

To me one of the most outrageous sales was the 2017 Gran Sport from the Jerry Brewis collection. Check that one out!

[Michael G.]

[Don H.]

Re: Bring A trailer Sale of 63 SWC

Article in WSJ today about huge jump in luxury car sales last year. Inflation today at 6.8% and rising, vs. 2.5% and steady in January 2020.
Young buyers rich on cryptocurrency and stocks moving cash into tangible luxury things. Maybe that includes iconic classic Corvettes?

[Brian M.]

Re: Bring A trailer Sale of 63 SWC

I just put the 67 in that site, came up with 52,000 Wow. Corvette DNA

[Dave S.]

Re: Bring A trailer Sale of 63 SWC

[Jaime G.]

Re: Bring A trailer Sale of 63 SWC

Article in WSJ today about huge jump in luxury car sales last year. Inflation today at 6.8% and rising, vs. 2.5% and steady in January 2020.
Young buyers rich on cryptocurrency and stocks moving cash into tangible luxury things. Maybe that includes iconic classic Corvettes?

Don, you are right on target. The overnight tech millionaires are very much part of the discussion.
Values two years ago are irrelevant today. The future may circle around but who knows.

[Jaime G.]

Re: Bring A trailer Sale of 63 SWC

[QUOTE=Dave Strickland (21448);907607]

[Steve B.]

Re: Bring A trailer Sale of 63 SWC

While the prices are very high, it is nice to see "stock" cars bring it vs the flavor of the week resto mods.

[Danny P.]

Re: Bring A trailer Sale of 63 SWC

Mike,
I think your estimates of two years ago are a bit low. I know of a similar 63 SWC FI car that sold about 1 1/2 years ago for mid 200’s. I also think two years ago that 340 HP car was 150-175K. That said these cars “rang the bell” and the speculation mentioned above rages on. Nice to be an owner and not a buyer.
.

The 63 340 at Mecum that was Purportedly the last SWC and the mess up taillight housing location went for 407K has it ever been proving it was the last SWC and never been Judge and no history documents ???

[Michael G.]

[Gary B.]

Re: Bring A trailer Sale of 63 SWC

Mike - Quality, originality and awards make the difference. I can confirm that Jaime's values as stated above for a Split Fuelie a Year and a half ago of mid $200s and a 340 HP 2 years ago for as he stated $150-175K are accurate. Auctions do not tell the whole story.