Stupid question

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  • Geoff C.
    Expired
    • June 1, 1979
    • 1613

    #1

    Stupid question

    I’m really afraid to ask, because I too on occasion have paid more than what some old Corvettes sold for new. But what makes a 1967 black big block worth $467,250? Supposedly that was the bid deal at the BG auction. I’m not being facetious and I did not see it. What made some folk give 1000 times its original value? L88? L89? Another 435?

    Geoffrey Coenen

    PS What did the GTP racer sell for?
  • Gary C.
    Expired
    • March 1, 1998
    • 236

    #2
    Simple Answer

    Limited supply outweighs demand. Nothing special, just a real car, 435, in black.

    Comment

    • Terry D.
      Extremely Frequent Poster
      • June 1, 1987
      • 2656

      #3
      Re: Stupid question

      Geoffrey

      No such thing as a stupid question. A car, like anything else is worth what someone will pay for it. In this case at least two people with more money than they know what to do with. If you've ever been in an auction you know at some point it becomes a matter of male pride and they bid way more than common sense says they should. I'm like you though, I see no used Corvette worth that kind of money unless it comes with a beautiful tall blonde who takes care of you and the car and is a mute.
      Terry

      Comment

      • Verle R.
        Extremely Frequent Poster
        • March 1, 1989
        • 1163

        #4
        Re: Stupid question

        I think Geoffrey posed a rhetorical question.

        But it is a good question. I don't understand the insane prices paid for some cars now days.

        Of course, I'm always behind the curve on prices. I remember when you could buy them for $2000.

        Verle

        Comment

        • Dick W.
          Former NCRS Director Region IV
          • July 1, 1985
          • 10485

          #5
          Re: Stupid question

          GTP no sale at $255k
          Dick Whittington

          Comment

          • Kevin M.
            Expired
            • November 1, 2000
            • 1271

            #6
            Re: Stupid question

            The people buying these cars are most likely in the Hedge Fund business, I saw a report on how these guys are making more money then any fund in history. We're talking a Mil just to get in. These kinds of people can't spend it fast enough and have to own the best.

            Kevin

            Comment

            • John M.
              Expired
              • September 1, 2003
              • 166

              #7
              Re: Stupid question

              Interesting ...

              Comment

              • Wayne K.
                Expired
                • December 1, 1999
                • 1030

                #8
                "I see no used Corvette worth that kind ......

                of money unless it comes with a beautiful tall blonde who takes care of you and the car and is a mute."

                Terry,

                If I can put a package like that together for you how much pride ($$$$$) would you be willing to pay.

                Comment

                • Terry D.
                  Extremely Frequent Poster
                  • June 1, 1987
                  • 2656

                  #9
                  Re: "I see no used Corvette worth that kind ......

                  That kind of package would be priceless!!

                  Comment

                  • Terry D.
                    Extremely Frequent Poster
                    • June 1, 1987
                    • 2656

                    #10
                    Re: Stupid question

                    Yes Verle I can remember that too. I also remember in the early 70's you could hardly give a big block away.
                    Terry

                    Comment

                    • Gregory M.
                      Very Frequent User
                      • June 1, 1984
                      • 172

                      #11
                      Re: Stupid question

                      "...I see no used Corvette worth that kind of money unless it comes with a beautiful tall blonde who takes care of you and the car and is a mute."

                      Amen, brother...

                      GM

                      Comment

                      • Ray G.
                        Extremely Frequent Poster
                        • June 1, 1986
                        • 1184

                        #12
                        Re:Well Known Corvette w/ much History *NM*

                        And when you get the choice to sit it out or dance
                        I hope you dance


                        Comment

                        • Geoff C.
                          Expired
                          • June 1, 1979
                          • 1613

                          #13
                          History: as in??? Could you be specific? *NM*

                          Comment

                          • Dick W.
                            Former NCRS Director Region IV
                            • July 1, 1985
                            • 10485

                            #14
                            Re: History: as in??? Could you be specific?

                            Belonged to the late Roby Price. Highly publicized years ago.
                            Dick Whittington

                            Comment

                            • Geoff C.
                              Expired
                              • June 1, 1979
                              • 1613

                              #15
                              Re: History: as in??? Could you be specific?

                              My old pal Roy Price, may he RIP. I can still see his animated face telling me of the story how a bullet hole got in the fender of one of his cars before he purchased it. He was Gem and a Gentleman. Like Wendell Campbell, a Southern Gentleman. We miss his whim and wit.

                              Geoffrey Coenen

                              PS I’m going out to my garages with a full clip if this is that car.

                              Comment

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