'67 big block value

[William F.]

Would anybody venture what I should pay for a '67 big block equipped thusly?:390 horse 4 speed side pipes with factory AC and EVERY option except leather;maroon(base and clear) with black spear and interior;repro alloy wheels; essentially perfect mechanically;straight frame and no hit body; only fly in ointment is that engine may not(probably not) original to car owner honest and says he's not sure-pad stamp probably won't pass-haven't checked engine date code, but car was definitely born big block. I'm looking for a high quality big block that I can drive anywhere in good weather, not a garage/trailer queen, but don't want to pay more than it's worth regarding engine originality issue.
Opinions appreciated.

[Willard M.]

Re: '67 big block value

Coupe or convertible?

[Tom H.]

Re: '67 big block value

Not near enough info to put a good number up, but I like playing the game. Based on the info and assuming the car is nice, nice.

45-50K for coupe, 55-60K for convertible.

[William F.]

Re: '67 big block value

It's a coupe, sorry I left this out.
Thanks

[William F.]

Re: '67 big block value

Tom, thought I gave good bit of info, but let me know what more you need. Your prices are lower than I would have expected-due to probably non original engine? economy? or have prices fallen off for even good cars. Regarding engine,how many big blocks do any of you think really have the original engine? I think not many, just some who will tell you the truth, some who don't know, and some who aren't telling the truth.
Thanks

[William F.]

Re: '67 big block value

Come on guys. There's plenty of opinions on most everthing else on this discussion board;so, I'm sure some of you can venture a guess about the value of this car in question!

[Paul J.]

Re: '67 big block value

Come on guys. There's plenty of opinions on most everthing else on this discussion board;so, I'm sure some of you can venture a guess about the value of this car in question!

William, hit the "sales" web sites mentioned in post number two of this thread.

https://www.forums.ncrs.org/showthre...sites&uid=7896

These can give an idea of the price range. Tom's estimate is based on a non-original engine. I agree that it's a little low if the numbers match, but Tom is closer to this than me, and I would pay attention to his guestimate.

Obviously, the seller probably has a much higher price in mind.

Paul

[Donald O.]

Re: '67 big block value

Come on guys. There's plenty of opinions on most everthing else on this discussion board;so, I'm sure some of you can venture a guess about the value of this car in question!

This car is worth what you are willing to pay for it. No more, no less.

Besides, opinions are like butt holes, everybody has one, and are not worth anything more than you paid for it.

Prices and economy are down. Genuine cars with provenance are worth more, but even their prices are down. Clones, tributes are down much lower.

Don

[Larry K.]

Re: '67 big block value

William, hit the "sales" web sites mentioned in post number two of this thread.

https://www.forums.ncrs.org/showthre...sites&uid=7896

These can give an idea of the price range. Tom's estimate is based on a non-original engine. I agree that it's a little low if the numbers match, but Tom is closer to this than me, and I would pay attention to his guestimate.

Obviously, the seller probably has a much higher price in mind.

Paul

Considering that 1967 coupe has "all the options except leather" and one of those options is "factory air," I would think this is a pretty "special big block." A quick check of the Black Book shows a relatively small number of '67 Vettes were ordered with AC. Same goes for the L36 engine option. So how many big blocks were ordered with AC? IMO a good price for this Vette would be in the $50's depending on the overall condition. If it has documentation, I would be more generous with my valuation.
Larry

[Michael J.]

Re: '67 big block value

I would guess the owner wants $70-$80K, and it would probably sell at auction for $50-$60K. But I would also opine that no matter what you pay for it, you will end up losing money if you ever sell it. Classic cars are just not good investments, they depreciate like anything else, maybe not as fast (although customs drop like a Mercedes rock), but you can drive them and have fun. I don't ever expect to make money or even be kept whole whenever I buy a classic, but I do love to drive them .

[Michael D.]

Re: '67 big block value

...Come on guys. There's plenty of opinions on most everthing else on this discussion board;so, I'm sure some of you can venture a guess about the value of this car in question!...

Essentially a moot point. What's the seller asking? After all is said and done, you'll be paying his/her price.

[Dennis S.]

Re: '67 big block value

This car is worth what you are willing to pay for it. No more, no less.

Don
As a real estate appraiser, I have to disagree. Something is worth what many people are willing to pay for it, not just a single individual. There is a big difference. The market (a pool of interested buyers) will determine the true value of anything. The size of the market is determined by how something is exposed (advertised) and for how long.
Dennis

[William F.]

Re: '67 big block value

Comments about market determining value, well taken, except where Obama is setting the price on many things these days. Concerning comment about "You'll be paying what seller asks"-not unless he has a gun to my head if I disagree with his price. Concerning "collector cars not good investments"-there was a big runup in Corvette prices in past several years; are we in a steep decline,"burst bubble" now, do you think, even for good cars?I'd like to hear comments on state of Corvette market now compard to pasr several years and what your crystal ball sees for the future.
Thanks
'67 top flite roadster and '67 factory AC L79 coupe

[Michael J.]

Re: '67 big block value

Comments about market determining value, well taken, except where Obama is setting the price on many things these days. Concerning comment about "You'll be paying what seller asks"-not unless he has a gun to my head if I disagree with his price. Concerning "collector cars not good investments"-there was a big runup in Corvette prices in past several years; are we in a steep decline,"burst bubble" now, do you think, even for good cars?I'd like to hear comments on state of Corvette market now compard to pasr several years and what your crystal ball sees for the future.
Thanks
'67 top flite roadster and '67 factory AC L79 coupe

I always pays for a buyer to be as stubborn and willing to walk from a deal as the seller. That's a true market. My 2 centavos, Corvette prices across the board were maybe 20-30% higher 2-3 years ago. Today, a car has to be super rare and just fully restored to reach the levels of a few years back. The average cars are down, aprtly economy, partly demographics. The C2s have done well over the last 5 years or more, but are down about the same as any today, economy I suspect. Back about 10 years ago I was into tri-Five Chevys. They were pulling down big prices, especially for resto-mods. Then the market pretty much collapsed 4-5 years ago. I was told it was because the older people who had the late-in-life bucks to get one (and who appreciated and grew up with them), created a bubble. When their market was saturated, demand fell, and then they got older and wanted to unload them as they were not driving as much (or couldn't), so supply was a glut. I think the same thing is happening to C1s now, and will happen to C2s soon. Of course the Harley Earl C2 and the like will always command big bucks, but the run of the mill C2 is heading south, IMO.

[Dennis S.]

Re: '67 big block value

Concerning "collector cars not good investments"-there was a big runup in Corvette prices in past several years; are we in a steep decline,"burst bubble" now, do you think, even for good cars?I'd like to hear comments on state of Corvette market now compard to pasr several years and what your crystal ball sees for the future.

What is a good investment these days? The recent decline in value of most collector cars really cannot be compared to the bursting of the real estate bubble. For one thing, collectors rarely finance their purchases and if they did, continually refinance to pull out any increases in equity. Old vettes are not like ATM machines. They can always make more people, build more houses, mine more gold, print more money, issue more stocks and bonds...but they can't make any more old vettes. Good cars will appreciate faster than mediocre cars, but I believe they all will at least keep pace with inflation (devaluation of the dollar)...which is on the way big time. What more can one realistically expect? We just may not be able to drive them as often with gas at $10 per gallon, if we can even find it.