Corvette Values: 1968 Corvette Convertible

RP from NJ submitted the following to Corvette Values: 1968 Convertible. VIN 194678S4000XX. Repainted Burgundy. Black vinyl interior. 33,500 miles on a non-original 350/350 engine and 4-speed transmission. Corvette has power steering, power brakes and telescopic steering column. No documentation. Car is in average, good street driven condition.
This Corvette was built early in the 1968 model year, in fact during the first month of production in September 1967. It is reported to have 33,500 miles on the odometer. It’s powered by a non-original 350/350 engine coupled with a manual 4-speed transmission. The engine compartment is clean and has the correct air cleaner and ignition shielding. The non-original Burgundy paint and Black vinyl interior are classified as being in good condition and, with the chrome bumpers and wheel trim, present an attractive profile. The body panels and interior are “stock” with no modifications. Also, the Black convertible top and rear window are in good condition as are the front and rear chrome bumpers. The wheels are correct including he wheel trim and center caps. Factory options include power steering and brakes as well as a telescopic steering column. These “comfort” options are desirable. We place a value of $19,500 on this 1968 Corvette Convertible. From a substantiation perspective, one in similar condition sold at the Mecum Classic and Collector Car Auction in Orlando last January for $19,500. Of interest is the one year appreciation factor in average price on the 1968 Corvette Convertible which is 10%. Submissions:
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