These pictures of a 1960 Corvette were posted online at the Corvette Forum by a member looking for some pricing help on what to offer the owner. According to the poster, the motor is gone, but 95% of the other parts that are off the car are in one of several boxes. At one time, a new front clip was installed. The Corvette has a 4-speed transmission and 31,200 miles are on the odometer. The owner has had it since 1970 and its been stored in this barn for the last ten years.
Following the thread, we learned the seller said he was looking for $10,000 but wasn’t firm. The Forum member ended up buying the Corvette for $7,500. Our Corvette Price Guide puts the value of an average 1960 Corvette roadster at $50,400 and the 1 year appreciation is 7%. So let’s throw this question out to you. What do you think? Was this a good price for a 1960 Corvette in its present condition or should the buyer have run away from this potential basket case?