'72 Stingray Auto
#1
'72 Stingray Auto
My fiancee has a '72 Stingray with painted t-tops in a medium to dark blue she is thinking of selling. I'm not completely familiar with all the details, but it has a salvage title, it floated in Katrina and the rear end clunks around turns due, no doubt, to a lack of the slip diff additive. The body isn't perfect, but the motor and tranny are fine. I'd say it's a 6 out of 10 overall, since a little of everything needs work.
I'm going to get pics from her soon, but any guesses on the value? I said maybe 10k, she has it insured for 14-15k IIRC. Thoughts? Thanks in advance, guys!
I'm going to get pics from her soon, but any guesses on the value? I said maybe 10k, she has it insured for 14-15k IIRC. Thoughts? Thanks in advance, guys!
#2
TECH Junkie
A salvage title Corvette that floated in Katrina and you're thinking $10,000??? I personally wouldn't buy it period, not even for $2,000. Too much aggravation and it will never be worth anything again. The title situation never goes away. There are many half decent '72 Corvettes on the market, and for fair prices. It's not that rare of a Corvette to command the money you are talking about.
#3
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A salvage title Corvette that floated in Katrina and you're thinking $10,000??? I personally wouldn't buy it period, not even for $2,000. Too much aggravation and it will never be worth anything again. The title situation never goes away. There are many half decent '72 Corvettes on the market, and for fair prices. It's not that rare of a Corvette to command the money you are talking about.
#4
TECH Junkie
I shouldn't have been so hard on themealonwheels. The OP may not know values and is just trying to ask an important question for his GF.
themealonwheels, Here is an example of what is available out there for about $10,000. It may help to see real world asking prices for what I call half decent Corvettes without a catastrophic past.
http://www.autotraderclassics.com/cl...ationId=289071
#5
8 years ago i sold a 75 stingray red/black in amazing shape with brand new corvette red paint and 350 small block i got 8,000 and i sat on it for 3 months at 10..... it was a nice car...... today i might have gotten the 10 for it.....
trouble you run into is the salvage title. me personally would spend 2 more thousand for a car with a clean title
trouble you run into is the salvage title. me personally would spend 2 more thousand for a car with a clean title
#6
I laughed at first but now .
I shouldn't have been so hard on themealonwheels. The OP may not know values and is just trying to ask an important question for his GF.
themealonwheels, Here is an example of what is available out there for about $10,000. It may help to see real world asking prices for what I call half decent Corvettes without a catastrophic past.
http://www.autotraderclassics.com/cl...ationId=289071
I shouldn't have been so hard on themealonwheels. The OP may not know values and is just trying to ask an important question for his GF.
themealonwheels, Here is an example of what is available out there for about $10,000. It may help to see real world asking prices for what I call half decent Corvettes without a catastrophic past.
http://www.autotraderclassics.com/cl...ationId=289071
8 years ago i sold a 75 stingray red/black in amazing shape with brand new corvette red paint and 350 small block i got 8,000 and i sat on it for 3 months at 10..... it was a nice car...... today i might have gotten the 10 for it.....
trouble you run into is the salvage title. me personally would spend 2 more thousand for a car with a clean title
trouble you run into is the salvage title. me personally would spend 2 more thousand for a car with a clean title
#7
Bringing this back... the 'Vette sat for a year or two with only occasional drives up and down the driveway at her father's place. For some reason, she decided now is the time to sell it. So we put it on CL two weeks ago with the suggested asking price of $10K per her dad.
I fielded so many calls and almost turned into an automated call service, repeatedly explaining to people that the ad wasn't an error, it was flooded and the title says so. Tons of people turned away immediately.
However, we sold it Wednesday of this week for, get this, $9,000! I guess it's true, it's only worth what people are willing to pay for it! So, just some helpful feedback I guess, plus kind of gloating
I fielded so many calls and almost turned into an automated call service, repeatedly explaining to people that the ad wasn't an error, it was flooded and the title says so. Tons of people turned away immediately.
However, we sold it Wednesday of this week for, get this, $9,000! I guess it's true, it's only worth what people are willing to pay for it! So, just some helpful feedback I guess, plus kind of gloating
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#8
TECH Addict
FYI the fact that a car has a salvage title is not a good benchmark since there is no standard for what that means, My state stamps them is you have to make an accident report over 2500 in damage no matter what the year or value.. So if you scratch the fender of my Brand new 65000 dollar car, it gets the title stamped. Plus there are several ways to flush the brands off a title so the lack of a stamp says nothing...
#9
FYI the fact that a car has a salvage title is not a good benchmark since there is no standard for what that means, My state stamps them is you have to make an accident report over 2500 in damage no matter what the year or value.. So if you scratch the fender of my Brand new 65000 dollar car, it gets the title stamped. Plus there are several ways to flush the brands off a title so the lack of a stamp says nothing...
#10
Wow, that went for higher than I would have thought given the flood title. And I hate to say it, but it would not be hard for someone to do a VIN swap and produce a "clean" title for it.
#11
TECH Junkie
themealonwheels, thank you for the followup after all these years. My head is spinning at that $9,000 price. You don't hear much about the Katrina cars anymore. An unfortunate part of our country's automotive past.
#15
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I agree on both counts. Thanks for the follow up info after all this time, and I too am surprised it sold for so much with a flood title and the listed condition/issues (unless perhaps it's an original #'s matching BBC or LT1 car.)
#17
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You hit a damn grand slam. There is a fool born every day. The guy that I sell old raggedy corvette parts to from time to time pays no more than 20k for numbers matching BBC cars of steel bumper variety in superb condition. Just goes to show there's an *** for every seat. It's funny that everyone is an expert here. I don't think NC was mad at all. I need to find some more luck. I always end up buying high and selling low.