Hi everyone,
A friend is thinking of buying a 1964 (C2) corvette Sting Ray convertible. This a quite rare classic car for Greece, so it’s actually difficult to determine the market value of the car with essentially no transactions taking place for similar ones.
Anyway, the owner asks for about 50k (Euro), and they are currently in discussions, not so much for the price, at least for now, but more to be sure (both of them) that they want to proceed. The guy who owns it is a collector of classic cars and has not yet listed it in an ad, rather than my friend (also a classic car collector) heard about it a from common acquaintance.
From what I understand the seller is not keen, and my friend who currently owns more than 20 classic cars, but is almost entirely focused in Italian and then British of the 60s.
In any case, since US is THE market for such a car, I grabbed this chance to post this and learn something myself. So any thoughts both on collectible value and things to look for, specifically for this particular car are welcome!
To give a bit more info, it’s the 327cid with 300hp, a 4-speed manual transmission and a factory hardtop. All black, inside and out.
Currently I don’t know more re it’s history , but here is a picture.
A friend is thinking of buying a 1964 (C2) corvette Sting Ray convertible. This a quite rare classic car for Greece, so it’s actually difficult to determine the market value of the car with essentially no transactions taking place for similar ones.
Anyway, the owner asks for about 50k (Euro), and they are currently in discussions, not so much for the price, at least for now, but more to be sure (both of them) that they want to proceed. The guy who owns it is a collector of classic cars and has not yet listed it in an ad, rather than my friend (also a classic car collector) heard about it a from common acquaintance.
From what I understand the seller is not keen, and my friend who currently owns more than 20 classic cars, but is almost entirely focused in Italian and then British of the 60s.
In any case, since US is THE market for such a car, I grabbed this chance to post this and learn something myself. So any thoughts both on collectible value and things to look for, specifically for this particular car are welcome!
To give a bit more info, it’s the 327cid with 300hp, a 4-speed manual transmission and a factory hardtop. All black, inside and out.
Currently I don’t know more re it’s history , but here is a picture.