avantey Posted August 18, 2012 Share Posted August 18, 2012 It's auction day here and there is a good looking 1961 Corvette in the mix. Check out the video at I know little of Corvette values so anyone online this AM who does- can you help me out? I have not seen the car but there are also a ton of pics at AuctionZip.com - Live Auction Locator - Fast,Easy, and Free! What is the range it should be in for what looks to be a solid #3, maybe a #2 car? I am thinking Hershey car corral as Momma will kill me if it came home to stay! She already wants the fleet reduced by one or two. I will be online here for only a little while since there are two auctions to check out here today!Thanks, Link to comment Share on other sites More sharing options...
avantey Posted August 18, 2012 Author Share Posted August 18, 2012 Well, I just checked Manheim and NADA but I have trouble using their guides as they are so general. One says a retail range of 12.5 to 60K with avg of 42K. The other says 39 to 69K with avg of 49K. Large ranges, little detail how they got there in terms of options, condition, originality, etc. Link to comment Share on other sites More sharing options...
Guest mikelj Posted August 18, 2012 Share Posted August 18, 2012 I have owned many Corvettes, and have judged at NCRS, Corvette values generally are higher the more original the car is, and of course condition. This one is listed as a 270 HP 283 CI, which has 2X4 barrels and solid lifters, it only has one 4 barrel, so that is not correct. Many items under the hood are not original type. Also the seat covers with the white stripe are not correct. It is in good condition, but to be a really high priced 'Vette, it would have to have original engine, tranny, etc., and no way to tell that from pictures. I would estimate $40-$50K for it. Link to comment Share on other sites More sharing options...
avantey Posted August 18, 2012 Author Share Posted August 18, 2012 Well, I just returned from the auction and I do not need a car corral space! This car was very misrepresented per an NCRS Gold restorer and owner who previewed the car. It had a '58 engine, wrong tranny (Al not cast iron), wrong steel radiator not copper, wrong seat pans as noted by Mikelj, non-positraction rear, wrong generator, and other things. It had also not been given a frame off as the rubber components I could see under the front end were all dry and cracked. However it did have decent paint and chrome, started easily, ran well, had the hardtop and was a good '20-footer' easily.The bids started at $25K, slowed about $35 but kept moving. They gavelled it at $42,500 plus 13% buyer's premium and 8% sales tax. That total is $51,857- very high in my mind and it did not make it to my house. Interesting to watch though and I did buy a nice toy car at the other auction!! Besides, I already have a fiberglass car....... Link to comment Share on other sites More sharing options...
Guest mikelj Posted August 18, 2012 Share Posted August 18, 2012 Well, I just returned from the auction and I do not need a car corral space! This car was very misrepresented per an NCRS Gold restorer and owner who previewed the car. It had a '58 engine, wrong tranny (Al not cast iron), wrong steel radiator not copper, wrong seat pans as noted by Mikelj, non-positraction rear, wrong generator, and other things. It had also not been given a frame off as the rubber components I could see under the front end were all dry and cracked. However it did have decent paint and chrome, started easily, ran well, had the hardtop and was a good '20-footer' easily.The bids started at $25K, slowed about $35 but kept moving. They gavelled it at $42,500 plus 13% buyer's premium and 8% sales tax. That total is $51,857- very high in my mind and it did not make it to my house. Interesting to watch though and I did buy a nice toy car at the other auction!! Besides, I already have a fiberglass car.......That's about all the things wrong I had suspected, plus more. It's a driver, and $30K-$35K is about what is expected from that, but obviously somebody really wanted to take a car home. Not unusual for auctions that have few of the cars and little selection for comparison. Not a good situation to buy a car in, but good to sell one. As usual, do your homework and you won't get burned. Link to comment Share on other sites More sharing options...
Guest Skyking Posted August 18, 2012 Share Posted August 18, 2012 When trying to get the most for your car at least of all things put the right size whitewalls on. Narrow whites came out on Corvettes in 1962. Link to comment Share on other sites More sharing options...
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