Owner of a 1968 Corvette is recently deceased; surviving children are liquidating the estate.
I'd like to know the value of a 1968 Corvette convertible with a hardtop
included. It has been primed for paint and was disassembled. The car needs a
paint job and needs to be reassembled. All parts are accounted for; nothing is
missing. I will provide a photo upon request.
Yes, I understand... maybe someone is interested in purchasing it as a project; or maybe I would have success at an auction?
First, the 1968 was a first year new model production. It is not the best C-3 produced and had a lot of issues. A car 50 years old may of had the issues fixed. So lets start at $20,000 for a well maintained, good looking and good mechanically running Corvette. Needs paint and final body work? Drop the price $5 to $8,000. Interior redone? $1000 if just tired. Breaks and drive train, wheel bearings, shocks, springs and front end suspension? $3,000 minimum unless you can do the work. Transmission? If everything is stock and you want to keep it that way, $2,000 on a rebuild. You are down to the $5,000 area, but it will cost about $20,000 to get it looking new and running sound. As is, offer $4,000 and tell them to get it up to a $20,000 value, it will cost $15,000 to $20,000. I have a 1969, and I have over $30,000 in rebuilding it. I have owned it since new. Oh yes, tires, and all the little things.
