What would be a fair price for this C3?
Discussion
After nine years I might be selling my fully custom C3...What price do you think would be fair for both seller and buyer to ask?
The C3 is a '77 model, ground up restored by Claremont Corvettes...
http://www.corvette.co.uk/pages.php?section=projec...
I bought her from Claremont in 2.001 and I have started since then a very long serie of modifications in order to reduce weight, increase power and uprate every single part of the car, the car has been always treated with gloves, never driven but by myself, always kept in a clean garage and never ever taken out in the wet...
Weight: 1.260 kgs
Engine bought brand new from ''American Speed'' of Illinois, it's a 406cid SB dinoed at 575hp, a fist envelopped in a silk glove, never have had a prob in its about 5.000 miles on the clock, oil and filter change every thousand miles or 6 months max.
Modified parts:
New lightweight wheels with Hoosiers (I have also the stock wheels plus a set of 4 minilites, all with near new tires).
New brake sistem (willwood superlight calipers, rotors, hydroboost to match).
New front and rear suspensions, QA1 shoks all round.
New custom undercarriage exhaust with X pipe, hookers and race muffler.
Rebuilt 4 speeds T10.
3.5'' half shafts.
New (Toms) uprated diff with 4.11 gears.
Alu radiator with twin fans.
race seat, gutted tops, gutted doors, no heater nor A/C, custom new paint, lexan windshield, round tube A-arms and a lot of other things and details too long to list.
Here are a few pics from internet blogs...
http://carscoop.blogspot.com/2008/06/one-really-ba...
http://blog.cardomain.com/2008/06/01/baddest-c3-ve...
http://forums.vwvortex.com/zerothread?id=3863845
I'll drive her to a local classic and sport cars dealer where I live in Spain next tuesday but still I did not make my mind exactly on what price to request, roughly I was thinking about 40.000/45.000 Eu...around 35.000 Pounds.
What do you think?
The C3 is a '77 model, ground up restored by Claremont Corvettes...
http://www.corvette.co.uk/pages.php?section=projec...
I bought her from Claremont in 2.001 and I have started since then a very long serie of modifications in order to reduce weight, increase power and uprate every single part of the car, the car has been always treated with gloves, never driven but by myself, always kept in a clean garage and never ever taken out in the wet...
Weight: 1.260 kgs
Engine bought brand new from ''American Speed'' of Illinois, it's a 406cid SB dinoed at 575hp, a fist envelopped in a silk glove, never have had a prob in its about 5.000 miles on the clock, oil and filter change every thousand miles or 6 months max.
Modified parts:
New lightweight wheels with Hoosiers (I have also the stock wheels plus a set of 4 minilites, all with near new tires).
New brake sistem (willwood superlight calipers, rotors, hydroboost to match).
New front and rear suspensions, QA1 shoks all round.
New custom undercarriage exhaust with X pipe, hookers and race muffler.
Rebuilt 4 speeds T10.
3.5'' half shafts.
New (Toms) uprated diff with 4.11 gears.
Alu radiator with twin fans.
race seat, gutted tops, gutted doors, no heater nor A/C, custom new paint, lexan windshield, round tube A-arms and a lot of other things and details too long to list.
Here are a few pics from internet blogs...
http://carscoop.blogspot.com/2008/06/one-really-ba...
http://blog.cardomain.com/2008/06/01/baddest-c3-ve...
http://forums.vwvortex.com/zerothread?id=3863845
I'll drive her to a local classic and sport cars dealer where I live in Spain next tuesday but still I did not make my mind exactly on what price to request, roughly I was thinking about 40.000/45.000 Eu...around 35.000 Pounds.
What do you think?
Edited by panic on Saturday 10th October 23:04
panic said:
vetteheadracer said:
At £1 = €1.045 (todays rate) I make that £38,277-£43,062 (€40,000-€45,000)
How do you see that level of price request for the above C3?It certainly is a unique car, well presented and with a lot of expensive upgrades on it. My guess is that someone who wants that type of car would be willing to pay a significant amount of money. But I am not sure that they would be paying C6Z06 money, which is essentially what you are suggesting.
As Nigel said, a concours, as-it-left-the-factory early 70's car could be attractive to far more buyers at that kind of price. I feel that your market is more restricted, but when you hook someone with deep pockets, then who knows.
The only way you will find out is to guess a price and market it - remembering the the European market seems to have Corvettes at higher prices than the UK. However much I love the C3's (and your car is a very nice example of a modded C3), I could not pay that amount of money for one despite the fact that the market could stand it.
Not a lot of help, but a personal view.
As Nigel said, a concours, as-it-left-the-factory early 70's car could be attractive to far more buyers at that kind of price. I feel that your market is more restricted, but when you hook someone with deep pockets, then who knows.
The only way you will find out is to guess a price and market it - remembering the the European market seems to have Corvettes at higher prices than the UK. However much I love the C3's (and your car is a very nice example of a modded C3), I could not pay that amount of money for one despite the fact that the market could stand it.
Not a lot of help, but a personal view.
I have to agree with C5 your car is worth what a buyer is willing to pay for it, same as any other car. And as many people will be put off by your mods as those who are turned on. You have therefore limited your market by half, you also have to look at how many people want a C3 over a newer corvette. Why dont you try advertising it in the USA where there is a much bigger market, shipping is not an overly expensive option and you are more likely to find a buyer for a more extreme C3 there. IMHO of course.
G
G
VetteG said:
I have to agree with C5 your car is worth what a buyer is willing to pay for it, same as any other car. And as many people will be put off by your mods as those who are turned on. You have therefore limited your market by half, you also have to look at how many people want a C3 over a newer corvette. Why dont you try advertising it in the USA where there is a much bigger market, shipping is not an overly expensive option and you are more likely to find a buyer for a more extreme C3 there. IMHO of course.
G
You're right VetteG, with all the mods I've reduced my car's market by half...but I have also doubled the joy to drive her, consider that since I bought the car 8 years ago and along all these years I've added up modifications just to increase the pleasure of driving her, I've even tested her twice on a hillclimb race, I went up as the so called ''car 0'', which is the car that ''opens'' the race, for the full enjoyment of the enthusiasts attending the tace and also for the personal proudness of getting a good timing with a car not really born for going around sharp bends at speed.G
BTW, I like the idea od sending back home (in USA) my C3...as a matter of fact the local dealer who had to display the C3 in his showroom is still waiting, at the end of the day I'm still in doubt if to part from the bad girl...
In my opinion £20-£25k.
Firstly understand i think your car looks bloody fantastic but.
Most has already been said above as to the reasons that your price seems a little high for what realistically people will use as a weekend toy.....Recession, customising choices, price, sales market, other car choices etc etc etc.
For £35k there is a huge choice of motors out there.
GT40 Rep, Top End Cobra Rep, Ferrari 355, Z06, 911's, Ultimas, Early C3 BB, 95% of mint condition 60-70's muscle cars (inc numbers matching if thats your thing), etc etc.
Okay its personal choice but most people will find it hard to justify that kind of money on a personalise C3 compared to the choices shown above.
If all i wanted in life was a C3 it would also be fair to say that for £35k, i could buy a normal C3 for circa £10k, then spend the other £25k on modding engine, chassi, interior, exterior, wheels and all to my own personal preferances and have a fast car with my design/mechanical choices in. Okay you have to wait for that to be done, but thats part of the fun.
The above two is how i've come up with the price. There's no way i could get a C3 to near your spec/monster spec for £15k on mods and most of the other car choices have been reduced. Customising cars is an expensive loss making hobby if your not keeping the car for a prolonged period. I've lost near £10k in the last 8 years just on modding then selling because i fancied a change/new toy.
This is just my personal opinion of course and hope you get what you want for it or keep it and enjoy it.
Firstly understand i think your car looks bloody fantastic but.
Most has already been said above as to the reasons that your price seems a little high for what realistically people will use as a weekend toy.....Recession, customising choices, price, sales market, other car choices etc etc etc.
For £35k there is a huge choice of motors out there.
GT40 Rep, Top End Cobra Rep, Ferrari 355, Z06, 911's, Ultimas, Early C3 BB, 95% of mint condition 60-70's muscle cars (inc numbers matching if thats your thing), etc etc.
Okay its personal choice but most people will find it hard to justify that kind of money on a personalise C3 compared to the choices shown above.
If all i wanted in life was a C3 it would also be fair to say that for £35k, i could buy a normal C3 for circa £10k, then spend the other £25k on modding engine, chassi, interior, exterior, wheels and all to my own personal preferances and have a fast car with my design/mechanical choices in. Okay you have to wait for that to be done, but thats part of the fun.
The above two is how i've come up with the price. There's no way i could get a C3 to near your spec/monster spec for £15k on mods and most of the other car choices have been reduced. Customising cars is an expensive loss making hobby if your not keeping the car for a prolonged period. I've lost near £10k in the last 8 years just on modding then selling because i fancied a change/new toy.
This is just my personal opinion of course and hope you get what you want for it or keep it and enjoy it.
Dave81 said:
In my opinion £20-£25k.
Firstly understand i think your car looks bloody fantastic but.
Most has already been said above as to the reasons that your price seems a little high for what realistically people will use as a weekend toy.....Recession, customising choices, price, sales market, other car choices etc etc etc.
For £35k there is a huge choice of motors out there.
GT40 Rep, Top End Cobra Rep, Ferrari 355, Z06, 911's, Ultimas, Early C3 BB, 95% of mint condition 60-70's muscle cars (inc numbers matching if thats your thing), etc etc.
Okay its personal choice but most people will find it hard to justify that kind of money on a personalise C3 compared to the choices shown above.
If all i wanted in life was a C3 it would also be fair to say that for £35k, i could buy a normal C3 for circa £10k, then spend the other £25k on modding engine, chassi, interior, exterior, wheels and all to my own personal preferances and have a fast car with my design/mechanical choices in. Okay you have to wait for that to be done, but thats part of the fun.
The above two is how i've come up with the price. There's no way i could get a C3 to near your spec/monster spec for £15k on mods and most of the other car choices have been reduced. Customising cars is an expensive loss making hobby if your not keeping the car for a prolonged period. I've lost near £10k in the last 8 years just on modding then selling because i fancied a change/new toy.
This is just my personal opinion of course and hope you get what you want for it or keep it and enjoy it.
You've perfectly nailed it.Firstly understand i think your car looks bloody fantastic but.
Most has already been said above as to the reasons that your price seems a little high for what realistically people will use as a weekend toy.....Recession, customising choices, price, sales market, other car choices etc etc etc.
For £35k there is a huge choice of motors out there.
GT40 Rep, Top End Cobra Rep, Ferrari 355, Z06, 911's, Ultimas, Early C3 BB, 95% of mint condition 60-70's muscle cars (inc numbers matching if thats your thing), etc etc.
Okay its personal choice but most people will find it hard to justify that kind of money on a personalise C3 compared to the choices shown above.
If all i wanted in life was a C3 it would also be fair to say that for £35k, i could buy a normal C3 for circa £10k, then spend the other £25k on modding engine, chassi, interior, exterior, wheels and all to my own personal preferances and have a fast car with my design/mechanical choices in. Okay you have to wait for that to be done, but thats part of the fun.
The above two is how i've come up with the price. There's no way i could get a C3 to near your spec/monster spec for £15k on mods and most of the other car choices have been reduced. Customising cars is an expensive loss making hobby if your not keeping the car for a prolonged period. I've lost near £10k in the last 8 years just on modding then selling because i fancied a change/new toy.
This is just my personal opinion of course and hope you get what you want for it or keep it and enjoy it.
roscobbc said:
Keep the car - sell the engine - put in a mofo kickass 572+ cu in big block to fill up that high rise hood and put-in some added looks to that seriously heavy duty car (you know it makes sense!)
I've been already looking into a full alu ''American speed'' big blk engine but that would mean I'll have again to uprate the driveline, diff and trans...also my 406ci engine is in like new conditions and selling it at the right price would be even more diff then selling the whole car...Here is a Corvette for sale asking twice the money - NZD$180,000 so approx £90,000.
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