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Corvette Values: 1964 Corvette Convertible

by Keith Cornett on January 6, 2010

1964 Riverside Red Corvette Convertible

TB in Montana submitted this 1964 Corvette Convertible to Corvette Values:

1964 Corvette Convertible, VIN 40867S109XXX. Powered by a NOM 350 ci engine. Believed to be an ex-365 hp car as Tach redline is 6,500. 4-speed transmission with Hurst shifter, 68,500 original miles. Exterior is Riverside Red with Red leather interior and is in excellent condition. Corvette’s mechanicals, exterior paint and chrome are in average driver condition. Options include power brakes, factory hard-top and aftermarket wheels. No documentation, but owner history and receipts back to 1983 are available.

Find out how we valued this Corvette after the jump.

1964 Riverside Red Corvette Convertible 1964 Riverside Red Corvette Convertible 1964 Riverside Red Corvette Convertible

Based on the VIN #40867S109XXX, this 1964 Corvette convertible was built in December 1963.

The 1964 convertible was a popular choice making up 63% of the 1964 production for 22,229 units.

The mileage of 68,500 has been stated as correct and original by the owner. This is considered to be a low mileage Vette which increases its value in the resale market.

This Vette is powered by a non-original 350 motor. The casting number of the motor indicates it is a Corvette motor used in the 1969-72 models. The tachometer’s ‘red line’ at 6,500 shows the original motor was most likely a 327/365 motor or a 327/375 fuel-injected motor.

The engine is coupled with a 4-speed manual transmission with a Hurst shifter. The Hurst conversion was a popular modification for the mid-year Corvettes (1963-1967).

This 1964 Corvette is Riverside Red in color, the original color when this Corvette was built. The paint can be termed in average street-driven condition with a number of small paint chips. However, viewing this Corvette at a distance, the paint chips are not noticeable. The chrome bumpers are in average street-driven condition as well.

The interior of this 1964 Corvette Roadster has Red leather seats, Red door panels and Red carpet. These are all in excellent condition. The Red interior compliments the Red exterior paint nicely.

From an options perspective, this Corvette has power brakes and the removable hard-top. Power Brakes (RPO J50) was a rare option for this model, selected by only 10% of the buyers in the 1964 model year. The hard-top had a ‘take rate’ of 32%.

The wheels are non-stock, after market, and the tires are classified as needing replacement.

This Corvette, from a body and interior perspective, is totally original with no modifications. These are important factors for a Corvette that has been ‘on the street’ for 45 years.

The owner states that owner history is available including repair and restoration receipts dating back to 1983.

We place a value of $30,000 on this 1964 Corvette.


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Source:
VetteFinders.com Appraisal Service
Related:
Corvette Values: 1963 Corvette Convertible
Corvette Values: 1966 327/350 Corvette Roadster

 

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