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A ’57 Rots While Owner Dreams

by Keith Cornett on October 21, 2005

This sucks. A 1957 Corvette languishing in a woodpile, probably dragged there by someone who thought that: 1.) It will be worth a fortune some day or;
2.) One day I’m going to restore this car. Regarding the first point, Correct. The 1957 Corvette is one of the most sought-after C1′s. Our price guide shows the average ’57 selling for nearly $50,000. Appreciation factors are 15% over the last two years. However, I fail to see the logic of keeping a classic Corvette or any other automobile for that matter stored outdoors, open to the elements because someday you think you’ll be able to sell it for a bunch of cash. At least put it in a barn for god’s sake and cover it up with old tires and broken lawn chairs. “I’m going to restore this Corvette someday. ” Yeah, right. All you’re doing is letting it deteriorate to the point that it will take more money and time than you will ever have, so the Corvette just sits. Meanwhile, you are fairly well known around town as the idiot with a corvette in the woodpile. People are probably stopping by all the time making offers on her. You politely decline and take their phone number anyway while you dream of rumbling down the country roads in your restored ’57 Convertible. Do the Corvette world a favor. Next time someone drops by and makes a reasonable offer – take it. Stop thinking that it will be worth the $50,000 you think it is. If the Corvette is numbers-matching, you could possibly get up to $20,000 for it. If the original engine is gone, expect no more than $10,000. Leaving it rotting in the woodpile is just wrong. Oh, by the way. Just to the right of the 57 Convertible is a 65 Fuelie Coupe. Photos: CorvetteForum’s Duntov-097

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