A couple weeks ago there was a lot of talk of certain dealerships and the various prices on our cars etc. And most agreed it seemed if you were a large outfit you would need to make more money per car due to inventory and sales lit and so on. Well I can't believe some of these prices for stock 67s in particular. I saw a stock big block L-71 coupe like mine on the web and called the dealership today for kicks and this guy wanted $89,900.00 and he was talking like this would only go up in value.Three months ago he wanted $85,900.00 for the same car. Made me feel good but "wow" what a price. I read of Proteams adds and see their prices, but more and more I see these high prices all over the country via the web. I'm just finishing a restoration on the same type car but $89,900.00 is insane. So when I hear of these dealerships asking for the moon they must be in orbit because the prices are going up and the value of our cars must be getting hot again.You can check the web and see these prices or call the dealerships. Take care of your wheels and fasten your seat belts.grr#33570
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Re: Driveline pricing
grr,
Most of the pricing in the Driveline (to me) seems a little more realistic. TBarr #24014 -
Re: Driveline pricing
I agree that the driveline is more realistic. I think that some of the dealer adds on the internet and so on are a false reading of what the cars actually sell for. Even though you may get a desparate soul to pay the top end of the scale, I think the smart shopper can find what he wants at a price that is realistic. Mike NehraComment
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Re: Driveline pricing
Tom, I agree with the Driveline pricing. But it still amazes me the prices these dealers apparently are asking. Maybe they are selling the cars overseas but the prices due contain a source of BS when you start to ask questions. Some of these web sights also ask what you feel your cars value is worth if interested in selling. They will come back every time and say, "Your asking to much".I'm still shocked but if they keep the prices up that can only help our cars values. I guess better up than down.I still like the hobby and restoration of these cars. They all seem to have a story or history to them.grr#33570Comment
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Re: Driveline pricing
Grr:
I have seen collectors with large inventories attempt to influence the market by advertising cars at grossly inflated asking prices, not really caring if the cars sell or not. If the inflated cars sell, all the better for them, and many do. Their intent is a ripple effect amongst the dealers and it seems successful.
jerComment
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Driveline: members only
An even better guide to "real" pricing (selling price closer to asking price)is AutoTrader. This will encompass ALL years of ALL corvettes in ALL conditions in ALL parts of the country from ALL types of sellers.Comment
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Re: Pricing Mid-years is getting heavy.
I agree, the prices some of the dealers ask are in dream land. Unfortunately, it takes one or two uneducated nuts to step up and pay the price and verify the dealers asking price. Some of it may be driven by the fact that the dealer can and will finance these people as well. I also think that with alot of action in the markets (i.e people making chunks of money) that we get people in the hobby who just want a Corvette. They'll be out of it next year when something else comes along. I would also agree that "For the most part" prices in the driveline are more realistic. But then again, several dealers advertise there too. In the end I think you have to make a reasonable offer and walk away if it is not accepted.....I'd do that if it's dealer or in someone's driveway.
regards
Bill #8620Comment
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Re: Pricing Mid-years is getting heavy.
As the saying goes, "it's worth what ever someone is willing to pay for it". Some people will say "oh, it's way over priced" Some will say "thats a steal".
These are 40 year old cars that sold new for a few thousand bucks. If ratioanal prevailed we'd all be paying a few hundred bucks for these antiquated cars.
But they're exciting cars and there's plenty of rich people out there who consider 100 large chump change.1969 Riverside Gold Coupe, L71, 14,000 miles. Top Flight, 2 Star Bowtie.Comment
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Re: Membership discounts
Dave,
For anyone that's not a member, they should join up and get the cut rate discounts we all give each other. Could save thousands off those inflated prices. TBarr #24014Comment
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Re: Pricing Mid-years is getting heavy.
Chris, I think you hit it dead on....money talks and the cars sell...Comment
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Re: Membership discounts
Yeah Tom, I particularly liked the, (memory here) $150,000 67 435 radio delete car, funny how much removing the radio adds to the value of an otherwise stock 67.
jerComment
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Re: Musta missed that one.....
...was that "with" or "without" the discount, or just one of those " don't snooze-it and lose-it deals"? TBarr #24014Comment
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Re: Pricing Mid-years
Lets face it guys, we're in the right hobby. We take money out of our 5% per yr. savings and buy a Corvette that averages a 10%-20% per yr.return on investment plus we get to play with them in the mean time! As far as the Driveline , there are members in there wanting a million for there cars to.(look closely) My favorite true story is the Corvette used car dealer that bought a 66 425hp conv. for $35k. He decided to have the car restored, because he had to get it judged in the NCRS and wanted a top-flight car. He sent the car down to Houston to Gary Nabors. The parts bill alone was $19,000. The total bill was $49,000.He got his top-flight. Now, if this were you, what would you put it up for sale for? He has $85,000 in the car. Alot of Corvette dealers don't own all the cars on their showroom floor. Many are on consignment, priced by their owners.The dealer adds afew bucks and there you are! Bob Cook
Texas Chapter NCRSComment
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Re: Pricing Mid-years
Bob your right about the consignment stuff. You can't blame a dealership with a descent inventory to charge 7% to 10% to sell your car and is taking proper care of it also. They can also set up financing and insurance. I have to say I don't like strangers full of BS coming out to look at a cars when i have them for sale. I have to ask them alot of questions first, then find out they are space cadets.Not to mention a dealerships money they must be spending on ads, the internet and so on. I'm glad to see the cars are coming back up in value as each year passes so do many old corvettes. Keep up the hobby.grr#33570Comment
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