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Corvette Values

1988 35th Anniversary Corvette

Only 9% of the Corvettes manufactured in 1988 received the Z01 35th Anniversary Package and the example that sold today at Barrett-Jackson’s Palm Beach auction could quite possibly be the nicest one in existence.

The 35th Anniversary Package featured a white exterior with white wheels, white seats and steering wheel as well as special emblems and a console mounted plaque. 2,050 Coupes were produced at an extra cost of $4,795 over the $29,489 base price.

1988 35th Anniversary Corvette 1988 35th Anniversary Corvette 1988 35th Anniversary Corvette

Lot #38 was an original one owner Z01 optioned Corvette with only 682 miles. The 350/245 engine was coupled to a rare 4-speed manual transmission (MMF), an option chosen only 19%. For 21 years the Corvette was stored in a climate controlled environment.

The 35th Anniversary Corvette hammered home for $37,500 and with commission the final sales price was $41,250. This easily beats the high price for a 35th Anniversary edition of $32,100 at an RM Auction held in 1998 in Monterey as listed in the VetteMarket.com CP database.

Our Corvette Price Guide’s 2008 high for a 35th Anniversary Coupe was $28,000. In addition, the one year appreciation shows 1% growth over the previous year.


Source:
Barrett-Jackson Collector Car Auction

Related:
Corvette Auction: 2009 Barrett-Jackson Palm Beach Preview
Corvette Auction: GM to Sell Part of Heritage Collection
Auction Results: Barrett-Jackson Corvette Sales Total $10 Million

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Corvette Values: 1972 Corvette Roadster with a 454ci V8

by Keith Cornett on March 30, 2009

1972 Corvette Roadster

JH in New York submitted this 1972 Corvette Roadster to Corvette Values:

1972 Corvette Roadster, VIN # 1Z67W2S517XXX. Matching numbers LS5 454 ci V8 with 270 horsepower, automatic transmission, 48,100 miles. Factory air conditioning, power steering, power brakes, tilt-telescopic steering column. Exterior is in good condition and painted Steel Cities Gray. The chrome bumpers are in excellent condition as well as the black leather interior. No documentation.

Find out how we valued this Corvette after the jump.

1972 Corvette Roadster 1972 Corvette Roadster 1972 Corvette Roadster

1972 Corvette Convertible, VIN # 1Z67W2S517XXX. The VIN indicates this Vette was built in April, 1972, the ninth month of the 1972 production period. This late production date indicates that any engineering changes or modifications were most likely included in this Corvette.

The mileage is reported to be 48,100 which is stated as original. This is quite a low number considering this Corvette was built 35 years ago.

This 1972 Convertible is powered by the original matching numbers 454-270 motor that is coupled with an automatic transmission. The 454 motor can be termed rare with only 14% of the buyers opting for this high performance motor option during the 1972 production.

The exterior is Steel Cities Gray in color and is combined with the Black leather optional interior. The paint and interior are both in good condition. The chrome bumpers are in excellent condition. It is equipped with several desirable options including power steering, power brakes, tilt-telescopic steering column and A/C.

In establishing an appraised value for this 1972 Corvette Convertible, many factors have been considered. First, the paint is unique and not a common color seen today despite the fact that 2,346 Corvettes were painted this color in 1972.

Second, the original matching numbers high performance motor was desirable. Adding to this Vette’s drivability was the addition of power steering and power brakes, the tilt and telescopic steering column as well as A/C. This is a nice combination of features.

Third, the original low mileage is a very positive factor in the value.

Taking all these factors into consideration, the appraised value of this 1972 Corvette Convertible is $35,800. Of further interest is the one-year appreciation factor of 5% in average price for this model Corvette.


Corvette Appraisals:
With rapidly changing Corvette values, make sure your insurance coverage keeps up with your Corvettes value by having it appraised online at VetteFinders.com. Our online appraisals are only $69.95 and are usually completed within three business days. Click here to start your Corvette appraisal now.
Source:
VetteFinders.com Appraisal Service
Related:
Corvette Values: 11-mile 1978 Corvette Pace Car
Corvette Values: 1978 Corvette Pace Car
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1969 Corvette Roadster

In our final analysis of 2008′s Corvette prices, we present an overview of Corvette values by generation. This is an interesting time for Corvette buyers as many models are still showing appreciation despite the lagging market. And with some of the more collectible Corvettes giving back some of the pricing gains earned over the last couple of years, this could be a real buying opportunity for collectors and enthusiasts should the right Corvette present itself.

The following are highlights from our 2009 Corvette Price Guide:

1953-1962:
The first generation Corvettes had mixed results with some models showing a negative 5-7% depreciation factor, while on the plus side of the ledger appreciation results ranged for 2-9%. The high average price for this series was the 1953 Roadster at $294,500. At the low end of the price scale was the 1961 Roadster at an average price of $45,000, showing an appreciation factor of 2%. We expect the 1953 model to continue to show depreciation in average price with the majority of these solid axles showing positive results for the 2009 calendar year.

1963-1967:
The mid-years have regained the appreciation lead with all models showing an appreciation factor of 4-9%. The price leader in average price continues to be the 1967 Roadster at an average price of $61,000. The entry level price for the mid-years continues to be the 1964 Coupe at $35,000 in average price.

1968-1982:
The average price range for this generation of Corvettes starts at $9,200, the average price of a 1978 T- Top that showed no change in average price from last year. The average price for the series tops out at $29,500, the average price of the 1970 Roadster that showed an appreciation factor of 7%. The average price of the third generation Corvettes ranges from a depreciation factor of -8% to a +10% appreciation factor.

1984-1996:
There was quite a change last year in the average price for the fourth generation Corvette models. Our 2008 Price Guide showed many with single digit appreciation factors and a few in the double digit range. The 2009 Price Guide shows none in the appreciation column with two holding on as ‘no change’ in average price. Several are now showing double digit depreciation. The high average price for this series is $52,000, going to the 1996 Grand Sport Roadster. The low end is represented by the 1984 Coupe with an average price of $8,600 and a 1% depreciation factor. Hurting the average price of this series is the pricing of the C5 Corvettes with many selling under the $20,000 mark in average price.

1997-2004:
This series continues to show negative results in average price ranging from a -6% to -18%. The high average price for this series is $31,000, going to a 2003 Anniversary Roadster that showed a –9% depreciation factor. As we have said on numerous occasions, one buys a lot of Corvette power in this series for under $20,000. At some point soon, the double digit depreciation factors will improve to single digits.

2005-2009:
As expected, all models are showing double digit depreciation in average resale price. We don’t expect this to subside since average prices start at $31,500 for a 2005 Coupe and top out at $64,000 for the Ron Fellows Special Edition Z06. The state of the US economy will continue to have a major negative impact on the average price of these Corvettes.


Order the 2009 Corvette Price Guide

2009 Corvette Price GuideThe 2009 Corvette Price Guide covers all Corvette years and body styles with high, low and average prices for each Corvette model. Another important feature of the Price Guide is the provisional one, two and five year appreciation factors for each Corvette.

In addition, the Corvette Price Guide provides the original base price and the number of units manufactured. To complete the content, included is information on motors, wheels, hard tops and factory air conditioning. Price is $15 and shipping is free!

Bob Kroupa of VETTE-N-VESTMENTS provided this analysis of 2008′s generational highlights. VETTE-N-VESTMENTS is the data provider for the annual guide and publisher of the monthly Corvette Market Letter.


Source:
VetteFinders.com
Data Provided by Vette-N-Vestments

Related:
Appreciating Corvettes: Top 10 Price Gainers of 2008
Depreciating Corvettes: Top 10 Price Declines of 2008
2009 Corvette Price Guide Released

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Depreciating Corvettes: Top 10 Price Declines of 2008

by Keith Cornett on March 12, 2009

1996 Corvette Grand Sport Roadster

Earlier this week we shared our Top 10 Price Gainers of 2008 and now it’s time to look at the other end of the spectrum. The 2008 top decliners is a diverse list that includes last year’s number 2 price gainer, the 1996 Corvette Grand Sport Roadster.

Data from the 2009 Corvette Price Guide comes from analyzing the selling prices of over 5,800 Corvettes during 2008 and then comparing the sales figures to years prior. That method has proven to be a statistically accurate measure of the Corvette Market.

Top Depreciation Models
Year Make % Change Average Price
1996 GS Roadster -20% $52,000
2007 Roadster -20% $41,000
2006 Roadster -18% $38,000
2008 Roadster -18% $45,000
1995 ZR-1 -17% $34,500
2005 Roadster -17% $35,000
2007 Z06 Fellows -17% $64,000
1993 ZR-1 -16% $29,000
2003 Coupe -16% $24,000
2003 Roadster -16% $27,500
2007 Z06 -16% $59,000

On a comparative basis, not much has changed on the depreciation chart related to percentages since the 2007 chart last year. At that time, the percentages ranged from -14% to -20% very similar to the chart above. All of the Corvettes on the 2007 chart were C5s.

The current chart includes the addition of C4s and C6s. The continuation of C5s includes a new appearance of the 2003 models. Last year the 2004 models seemed to hold that same place with the C5 series. The big question is when will the C5s bottom out from a depreciation perspective?

The C5s are truly excellent buys for consumers who want to experience just how far the Corvette Team has gone in building a handling and performance Corvette with comfort and convenience feature without the big price tag.

The 1997-2002 models are priced below $24,000 in average price. One buys a lot of Corvette for these low prices.

The C6s have joined the depreciation group – but this is normal for newer models. However, given the incentive programs the dealers have to offer during these troubled times with the automotive industry these Vettes are showing accelerated depreciation beyond normal expectations.

We are sure you have noted the appearance of the 1996 Grand Sport Roadster at the top of the chart. After last year’s appearance on the appreciation chart with a 50% increase in average price, few are selling now and the ones that do sell are showing a 20% decrease from the highs reached just a year ago. But consider this – when new, the list price was approximately $48,000 compared to today’s average price of $52,000. Original buyers are still ahead of the game.

The C4 ZR-1s are in a “slide” mode with the 1995 as the last production year model, moving down into the mid- thirties. Part of the problem is that a 2004 Z06 that is pumping out 405 horsepower can be purchased below the $30,000 mark. Same horsepower with more options for $5,000 less!


Order the 2009 Corvette Price Guide

2009 Corvette Price GuideThe 2009 Corvette Price Guide covers all Corvette years and body styles with high, low and average prices for each Corvette model. Another important feature of the Price Guide is the provisional one, two and five year appreciation factors for each Corvette.

In addition, the Corvette Price Guide provides the original base price and the number of units manufactured. To complete the content, included is information on motors, wheels, hard tops and factory air conditioning. Price is $15 and shipping is free!

Bob Kroupa of VETTE-N-VESTMENTS provided this analysis of 2008′s top price gainers. VETTE-N-VESTMENTS is the data provider for the annual guide and publisher of the monthly Corvette Market Letter.


Source:
VetteFinders.com
Data Provided by Vette-N-Vestments

Related:
Appreciating Corvettes: Top 10 Price Gainers of 2008
2009 Corvette Price Guide Released

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Appreciating Corvettes: Top 10 Price Gainers of 2008

by Keith Cornett on March 10, 2009

1976 Corvette Coupe

The 2008 Corvette Calendar was quite interesting starting with the continuation of record sales prices and appreciation factors. But the slowing economy in the second half of 2008 put the brakes on double digit appreciation for all but one Corvette model, the 1976 Corvette.

Data from the 2009 Corvette Price Guide comes from analyzing the selling prices of over 5,800 Corvettes during 2008 and then comparing the sales figures to years prior. That method has proven to be a statistically accurate measure of the Corvette Market.

Top Appreciation Models
Year Make % Change Average Price
1976 T-Top 10% $10,800
1962 Roadster 9% $52,700
1963 Coupe 9% $54,500
1977 T-Top 9% $12,000
1957 Roadster 8% $64,800
1965 Roadster 8% $46,100
1960 Roadster 7% $50,400
1963 Roadster 7% $41,600
1964 Roadster 7% $38,200
1966 Coupe 7% $46,200

Quite surprisingly, we found the 1976 Corvette at the top of our appreciation chart at 10% followed by the 1977 model at 9%. Evidently what we are seeing is renewed interest in the last of the traditional C3 body style models prior to the C3 change to a ‘fast back’ body style with the 1978-1982 models. It is also interesting to note the 1976 and 1977 T-Tops are selling at approximately $10-$12,000 LESS than the C3 chrome bumper Corvettes with the same body silhouette.

Seeing the 1962 Roadster and the 1963 Coupe near the top of the appreciation chart came as no surprise. Both had been priced below the $50,000 threshold in average price during the previous year.

The 1962 was unique, but not just because it was the last of the first generation body style. In addition, the popular 327 motor was introduced with this model.

In our opinion, the 1963 Coupe still remains underpriced at an average price of $54,500. With its unique split-window styling it should command more in today’s market. It looks like the buyers may be sharing our opinion based on its appreciation chart position at #3. This model was the only repeat Corvette shown on our 2007 chart last year.

Two other solid axles on this year’s chart, the 1957 and 1960 models, were new additions. The features of the 1957, with its ‘clean line’ styling and vast array of motor options, were instrumental in its appearance on this year’s chart. The 1960 continues to be a popular model with its ‘last of the notable grill’ treatment. It, too, has crossed the $50,000 threshold at an average price of $50,400.

The mid-years continue to show their popularity with the appearance of six models on this year’s chart. Note that four of the six are priced below $50,000 in average price. It appears that in the near future, those below $45,000 will be considered to be a good buy. Today that threshold is $35,000.

As we so often indicate, the 1964 Roadster model is the entry mid-level Corvette based on price. Despite this fact, it too has moved to the appreciation chart. Its counterpart, the Coupe, is on the good buy threshold at $35,000 in average price.

One third generation Corvette, the 1970 Roadster, made this year’s chart at an average price of $29,500. These are few in number as a work stoppage during the 1969 model year extended production of the 1969 and shortened the 1970 production year to seven months. There were 6,648 Roadsters built in 1970 compared to 16,633 produced during the 1969 model year.


Order the 2009 Corvette Price Guide

2009 Corvette Price GuideThe 2009 Corvette Price Guide covers all Corvette years and body styles with high, low and average prices for each Corvette model. Another important feature of the Price Guide is the provisional one, two and five year appreciation factors for each Corvette.

In addition, the Corvette Price Guide provides the original base price and the number of units manufactured. To complete the content, included is information on motors, wheels, hard tops and factory air conditioning. Price is $15 and shipping is free!

Bob Kroupa of VETTE-N-VESTMENTS provided this analysis of 2008′s top price gainers. VETTE-N-VESTMENTS is the data provider for the annual guide and publisher of the monthly Corvette Market Letter.


Source:
VetteFinders.com
Data Provided by Vette-N-Vestments

Related:
2009 Corvette Price Guide Released

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2009 Corvette Price Guide Released

by Keith Cornett on March 9, 2009

2009 Corvette Price GuideOur Corvette classifieds website VetteFinders.com has released its annual Corvette Pricing Guide and later this week we’ll be posting an analysis of the Corvette pricing trends from 2008.

But what a difference a year makes! As the state of the US economy took its toll on housing, banking and automotive sectors, it also dipped down to effect the Corvette collector car market.

The days of double-digit appreciation are behind us, replaced with more modest gains that most owners should find acceptable given the current climate. There are 55 Corvette models produced from 1953 through the 1988 Anniversary Edition and 38 of them are showing single digit appreciation with another 4 models showing no-change in average price.

We continue to see the first through third Corvette generations bidding and selling well – providing they are original and documented. Those restored with high performance motors continue to break $100,000 threshold, however, there has been some slippage with these big-ticket Corvettes recently. We’ll have more on the top models from both an appreciation and depreciation perspective later this week.

What makes the 2009 Corvette Price Guide unique compared to other guides is the research and cataloging of prices from the actual sales of over 5,800 Corvettes in 2008. This gives us the High, Low and Average prices of all Corvette model years and body styles. The guide also contains appreciation and depreciation figures for One, Two and Five years, as well as pricing for options including motors, wheels and A/C. This method has proven year after year to be a statistically accurate measure of the Corvette Market.

The free online version features the average prices of over 125 different Corvette models spanning 1953-2009. The printed version, which contains High/Low and Average prices as well as appreciation/depreciation percentages is available for $15 and can be purchased through the VetteFinders.com online store. Shipping is free.

Bob Kroupa of VETTE-N-VESTMENTS, is the data provider for the annual guide and publisher of the monthly Corvette Market Letter.


Source:
VetteFinders.com
Data Provided by Vette-N-Vestments

Related:
Corvette Values: 11-mile 1978 Corvette Pace Car
Corvette Values: 1970 Corvette Roadster
Auction Results: Barrett-Jackson Corvette Sales Total $10 Million

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Corvette Values: 11-mile 1978 Corvette Pace Car

by Keith Cornett on March 4, 2009

1978 Corvette Pace Car

DM in Illinois submitted this 1978 Corvette Pace Car Replica to Corvette Values:

1978 Corvette Pace Car Replica, VIN #1Z8748592XXX. Optional L82 350/220 hp engine, automatic transmission. 11 original miles. Black and Silver with Silver interior. Indy 500 Pace car graphics not installed. Cruise control, power steering, power brakes, power windows. AM/FM Stereo CB and power antenna. Never been titled – still has original Country of Origin document.

Find out how we valued this Corvette after the jump.

1978 Corvette Pace Car 1978 Corvette Pace Car 1978 Corvette Pace Car

The VIN #1Z8748S902XXX indicates this is a Pace Car replica as they were the first Corvette model to receive their own unique VIN – the 8th digit is a ’9′. Production of the 1978 Corvette Pace Car was limited to 6,502 units. Initially 300 units were planned, however, demand was such that Chevrolet built one for each of its dealerships.

This was the first production Corvette to be identified as a ‘special edition’ as it was designated to be the Pace Car at the Indianapolis 500 Race. A lead story on the front page of the Wall Street Journal indicated this model would become an immediate collectable Corvette. There was a quick impact on the selling price of these Corvettes with the asking of $10,000 over the list price of $13,653 for the 1978 Pace Car.

Demand for this Pace Car peaked shortly after the 1978 Indy 500 Race. By this time, numerous Pace Cars had been sold at the premium price. Many of these owners thought this was an excellent investment and placed their Indy 500 Pace Car Corvettes in storage with the original delivered miles of under 20. In fact, many of these Corvettes remain in storage today, many have never been titled.

It appears that this 1978 Pace Car is one of those Vettes. The original list price included all of the desirable options and included the standard L-48 185hp motor and automatic transmission. This 1978 Pace Car Corvette includes the upgrade L-82 220hp motor which was a $525 option. It is also equipped with AM-FM stereo radio with a CB feature, a $170 upgrade for the Pace Car.

This 1978 Pace Car is in showroom condition as evidenced by the 11 original miles shown. In addition, it has not been titled.

The Pace Car had door decals indicating it was a Pace Car. These were a dealer installed feature. The decals are available, however, were not installed on this Pace Car.

We place a value of $29,000 on this 1978 Pace Car.

On a comparative basis, a 1978 Pace Car with the L-82 motor, automatic transmission and 16 original miles sold for $31,000 at the Barrett-Jackson Auction last January in Scottsdale, AZ. At this auction, the owner of the Corvette had to pay a consignment fee and the auction provided the sales hype as the bidding took place.


Corvette Appraisals:
With Corvette values rising yearly, make sure your insurance coverage keeps up with your Corvettes value by having it appraised online at VetteFinders.com. Our online appraisals are only $69.95 and are usually completed within three business days. Click here to start your Corvette appraisal now.
Source:
VetteFinders.com Appraisal Service
Related:
Corvette Values: 1978 Corvette Pace Car
Corvette Values: 1961 Corvette Roadster
Corvette Values: An Unrestored 1967 Corvette Roadster
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1963 Corvette Fuelie

The results are in for the 2009 Barrett-Jackson and GM was officially declared the winner for bringing a number of prototypes and engineering Corvettes to the Scottsdale auction, particularly the C4 ZR-1s. In fact, while we believe that many of the Corvettes that sold last week were exceptional cars, because its Barrett-Jackson, we also expect the memorable. Without GM’s Heritage Collection, this would have been just another auction.

Of course we remember last year’s star attraction, the 2009 Corvette ZR1 that sold for $1 million. Who would have predicted that 2009′s star Corvette attraction would be the ZR-1s from the C4 Corvette era.

The GM Heritage Collection stole the show with three Corvette ZR-1′s ranking in the top five of Corvette sales. The top seller of all Corvettes was the $286,000 paid for a 1989 DR-1 Corvette, a Convertible ZR-1 prototype. A 1989 Corvette ZR-1 press car sold for $198,000. Rick Hendrick purchased the 1989 Corvette ZR-1 “Snake Skinner” for $176,000, and the 1990 “Active” Corvette ZR-1 sold for $150,000.

Following a popular trend in recent years, there were several C4/C6 ZR1 combo deals offered. These pairings were packaged more for convenience than collectability. A 1990 Corvette ZR-1/2009 Corvette ZR1 sold for $203,500 while another featured a 1993 40th Anniversary Corvette ZR-1 paired with a 2009 Cyber Gray Corvette ZR1 Coupe that sold for $198,200. Interestingly, both the C4 Corvette’s catalog description said they were owned by Dave Ressler, the Chevrolet dealer that paid $1,000,000 for the first retail 2009 Corvette ZR1.

But not all Corvettes at Barrett-Jackson this year were GM Heritage cars or ZR-1s. The second highest price for a Corvette was $220,000 set by a highly documented 1959 Corvette Roadster featuring a 283/245 dual quad V8 and was 1 of 888 painted in Crown Sapphire. This Corvette has appeared in the Bloomington Gold Special Collection three times, awarded an NCRS Duntov, multiple top flights and is a Bloomington Gold Survivor.

Here are the top 15 Corvette sales at the 2009 Barrett-Jackson Collector Car Auction in January. Click here to download the Corvette auction results.

LOT # YEAR MAKE/MODEL STYLE PRICE
1218 1989 CORVETTE DR-1 CONVERTIBLE * $286,000
1019 1959 CORVETTE CONVERTIBLE 283/245 $220,000
1230.4 1989 CORVETTE ZR-1 COUPE * $198,000
396.1 1989 CORVETTE ZR-1 COUPE "SNAKE SKINNER" * $176,000
1247 1967 CORVETTE "SHRINER" COPO CONVERTIBLE $176,000
1260.1 1963 CORVETTE COUPE 327/360 FI $165,000
1318 1967 CORVETTE CUSTOM COUPE $165,000
1337 1967 CORVETTE CONVERTIBLE 427/390 $154,000
82 1990 CORVETTE ACTIVE ZR-1 * $150,700
1012 1962 CORVETTE CONVERTIBLE 327/360 FI $148,500
1261.1 1967 CORVETTE COUPE 427/400 $145,200
1327 1967 CORVETTE CONVERTIBLE 427/435 $143,000
1338 1966 CORVETTE CONVERTIBLE 427/390 $139,700
1255.1 1958 CORVETTE RESTO-MOD $137,500
1263.1 1963 CORVETTE COUPE 327/360 FI $137,500


Source:
Barrett-Jackson Collector Car Auction

Related:
[VIDEO] 1967 “Shriner” COPO Corvette Roadster Sells at 2009 Barrett-Jackson
[VIDEO] 1989 Corvette ZR-1 “Snake Skinner” Sells at 2009 Barrett-Jackson
[VIDEO] 1990 Corvette “Active” ZR-1 Sells at 2009 Barrett-Jackson
[VIDEO] 1989 Corvette ZR-2 Sells at 2009 Barrett-Jackson

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Corvette Values: 1970 Corvette Roadster

by Keith Cornett on December 9, 2008

1970 Corvette Roadster

JK in Kansas submitted his 1970 Corvette Roadster to Corvette Values:

1970 Corvette Roadster, VIN 194670S404XXX. Original 350 ci 350 hp engine, manual 4-Speed transmission, Red with Red interior. Power steering, Power Brakes, Factory AC, Luggage Rack. Body-On restored in 1998 where Corvette received new paint and interior. The Corvette was repainted a non-original exterior color. 91,876 original miles. The car is matching numbers. Same owner for 30 years with history of previous two owners, but no other documentation is with the Corvette. Corvette is in good condition with paint and fiberglass termed as “good”. The interior’s vinyl seating is also in good condition.

Find out how we valued this Corvette after the jump.

1970 Corvette Roadster 1970 Corvette Roadster 1970 Corvette Roadster

The VIN indicates This Corvette Convertible was built late in the first month of production in January, 1970. This is good news for today’s owner as the 1970 model can be termed as somewhat rare based on the production numbers. A work stoppage during the 1969 production year lead to an extended production timeframe for the 1969 Corvette models beyond the normal time frames. This action also impacted the 1970 production year with a build of only 17,316 units of the 1970 models during a seven-month time frame. This was the lowest number of Corvettes built since the 1962 model year.

The Corvette is powered by the correct 350-350 optional motor coupled with a 4-speed manual transmission with the correct shifter. This was a popular selection by buyers of the 1970 Corvette. The mileage of 91,876 has been stated as original and correct.

A body-on restoration was performed in 1998 when the paint and interior were restored. It is Red in color, but this is not the original color, and it has a matching Red vinyl interior. The seats, door panels and carpeting are in good condition as is the current paint. It is equipped with popular options that include the AM/FM Radio, power steering and brakes as well as air-conditioning. Also this Vette has a chrome luggage rack, a dealer option with the 1970 model.

Tires, wheels and wheel trim are correct for the 1970 model year and are in good condition. The only notable flaw is the window rubber seals that could be replaced. This Corvette with its Red/Red combination presents excellent curb appeal.

We place the value of this 1970 Corvette Convertible at $29,500 which shows a one-year appreciation factor of 7%.


Corvette Appraisals:
With Corvette values rising yearly, make sure your insurance coverage keeps up with your Corvettes value by having it appraised online at VetteFinders.com. Our online appraisals are only $69.95 and are usually completed within three business days. Click here to start your Corvette appraisal now.
Source:
VetteFinders.com Appraisal Service
Related:
Corvette Values: 1961 Corvette Roadster
Corvette Values: An Unrestored 1967 Corvette Roadster
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Corvette Values: 1961 Corvette Roadster

by Keith Cornett on September 2, 2008

1961 Corvette Roadster

RD in New Jersey submitted his 1961 Corvette Roadster to Corvette Values:

1961 Corvette Roadster, VIN 10867S106XXX. Original dual quad 283 ci 245 hp engine, 4-Speed transmission, Fawn Beige with Fawn Beige interior. Auxillary hard top and Fawn Beige soft top. 11,468 miles since restoration in 1999. Corvette is in average street driven condition with paint and fiberglass termed as “good”. The interior’s vinyl seating is also in good condition. All original with no body or engine modifications. No documentation.

Find out how we valued this Corvette after the jump.

1961 Corvette Roadster 1961 Corvette Roadster 1961 Corvette Roadster

The VIN indicates this vehicle was built in March, 1961, well into the 1961 production year. Any factory modifications or engineering changes would have been included during the assembly of this Corvette.

This Corvette Roadster is Fawn Beige in color. There were 1,363 Corvettes painted this color during the 1961 production year. The Fawn Beige paint was unique as it was only available for two production years, 1961 and 1962. The paint can be termed in good condition.

This paint is complimented by a matching Fawn vinyl interior. This interior is in original presentable condition.

The chrome bumpers and bright trim are termed in average condition.

The Corvette is powered by the original 283-245 dual carburetor motor. This motor was one of the optional motors offered in the 1961 production year. It, too, was unique as 1961 was the last year Corvette would offer a desirable optional motor with dual carburetors. The motor is coupled with an optional 4-speed manual transmission with the correct shifter and linkage.

Additional options include the removable hardtop, a neat feature for the winter months and inclement weather.

This Corvette is all ‘stock’ with no body or interior modifications. The wheels have the correct wheel covers and the tires are in good condition.

The owner reports this Corvette was restored in 1999. It has excellent ‘curb appeal’.

We place a value of $53,800 on this 1961 Corvette Roadster. Adding to its value is the one and two year appreciation factor in average price for a 1961 Corvette. The one year appreciation is 6% and the appreciation over a two year period is 15%.


Corvette Appraisals:
With Corvette values rising yearly, make sure your insurance coverage keeps up with your Corvettes value by having it appraised online at VetteFinders.com. Our online appraisals are only $69.95 and are usually completed within three business days. Click here to start your Corvette appraisal now.
Source:
VetteFinders.com Appraisal Service
Related:
Corvette Values: An Unrestored 1967 Corvette Roadster
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