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Car Forum / Chevrolet / Chevrolet Corvette / December 2007

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1966 Vette - How Much is it Worth?

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MReyes - 08 Dec 2007 04:43 GMT
I have a red stock 1966 Vette, 350 engine (I have the original 327 in
storage), black convertible top, 40,000 miles.  It hasn't been run for
a few years and it needs a new rear end.  The gas tank, fuel lines,
calipers and a few other parts have been removed for restoration but
are still sitting in boxes and the transmission will have to be
overhauled.  It will take a few grand to bring back to driving
condition and I'm not sure if I want to restore it before sale.  On
the outside and inside it looks beautiful.  Any idea what it's worth?
Thanks.
WayneC - 08 Dec 2007 18:32 GMT
> I have a red stock 1966 Vette, 350 engine (I have the original 327 in
> storage), black convertible top, 40,000 miles.  It hasn't been run for
[quoted text clipped - 5 lines]
> the outside and inside it looks beautiful.  Any idea what it's worth?
> Thanks.

Probably the only way to find out for sure is to auction it off on eBay with
a lot of pictures, warts and all.

In lieu of that, do some research on eBay to see what recent cars have been
bringing (or not bringing, depending on the seller's reserve or the
buyers that
were looking during the week it was on eBay).

You didn't say what transmission or differential you have, or the HP of
the original
engine, or what options the car has.
The originality of every part on the car will be important to some
buyers, as will
evidence of past collision damage, any corrosion, and the quality of the
paint
and chrome finishes.

Special performance or amenity options can make a huge difference in prices.
Considering that a recently-restored example with few options can bring
$45k+,
buyers will be comparing your car to cars with new paint, top, upholstery,
flawless frame, new rubber, etc, etc and deciding if they want to buy
your project
or spend the money upfront to buy a creampuff they can enjoy driving
from day 1.

A really rough guess would be $30k as it sits, with the original engine.
Might be worth
your while to get the work completed (and price it accordingly), since
that will make
it attractive to more buyers, especially if they can drive it before buying.

If you have an eBay sign-on, here's a link that shows some
recently-completed
auctions of 1966 Vettes, many of which did not sell:
   http://tinyurl.com/2vtuqv
The Reverend Natural Light - 10 Dec 2007 15:05 GMT
> I have a red stock 1966 Vette, 350 engine (I have the original 327 in
> storage), black convertible top, 40,000 miles.
> ...
> Any idea what it's worth?

I'll give you $1,500 for it.  =)
 
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