Car prices from 1977

[Larry S.]

I had posted this on another forum and I thought i should share it here also

These are from a Magazine from 1977

forsale

1966 corvette roadster,two tops,425/427 ci, 4 speed,new ralley red paint,new carpets,emblems, chrome,every thing is super,$6600.00

66 coupe,white ext.,blue int.,427/450 hp "IP" code engine-matching engine and frame numbers, trans., ignition, am/fm power brakes, close ratio trans. 370 posi, nos knockoffs, new paint, correct carpets, 5 new w/w tires,car show detailed, exceptionally fast,original car $7800.00 w/nice hubcaps ,$9100 w/knock-offs

1966 roadster,427,425 new silver pearl lcquer (original color) new black interiour, body never wrecked, perfect shape, factory side exchaust, all gauges completely re-worked and calibrated, every thing works perfect, stock hubcaps in excellent shape, brakes re-worked,fully detailed automobile, picture album of restoration available. it goes to the purchaser,No more convertables are being made, in ten years this car will be priceless. The essance of power and beauty priced realisticly at $6800.00

At the time these were 11 year old cars,A 1977 base coupe was selling for 8,647.00 brand new.

seams like bargin prices now

[Steve G.]

Re: Car prices from 1977

I bought my first Corvette during the '77 model year... a 1965 4 sp roadster with a 396. Needed paint, no real damage (I put a nice black paint job on it), black interior.

$2500.

This was a reasonable price range for the "driver" mid years of the day.

Incidentally, it's interesting that the one ad referred to 'no more convertibles' being made... when I bought my '65 roadster, all anyone was interested in was coupes, coupes, coupes. Interesting how things change.

[Gary #41345]

Re: Car prices from 1977

Still alot of money back in those days considering the cars were 11 years old and taking into account what their selling price was brand new.

[Dale S.]

Re: Car prices from 1977

I bought my 67 Red, Red coupe,M20,C-60,K19,tele.32K for 1500.00 in 1971. Every one said I overpaid. D/

[Jay Garris]

Re: Car prices from 1977

Bought my 1958 Corvette Dual Quad 270HP for $600.00 Oct of 69. A neighbor of ours bought a 67 427/435 roadster in 1977 for $4500.00 These were old used cars not B-jackson investment IRA's.

[mike cobine]

Re: Car prices from 1977 - changing rapidly

The prices in the beginning of '77 were different from the end of '77. By the end, the '78s were coming out, lots of hype over investment cars had started, news of the collectible limited edition Corvette for '78, and so on.

I paid high on my 68 at $3100 in January but within a couple of months, most were in the $3500 to $4000 range if they were in decent shape.