NEW! Award 31: 1971 Corvette Convertible 23K Mile Survivor – $60,000

Jan 2020 | Classifinds, NEW Award, Sports Car Saturday

If you are the original owner of a 23K mile C3 Corvette and want to get Concours money for it after 48 years of ownership, here’s an example of what Not to do.  Earlier this week, the original owner of this Classic White over Black 1971 Corvette Convertible posted his C3 here on Craigslist in Bromhall, Pennsylvania for the asking price of $60,000.  A review of the Hagerty Insurance Online Valuation Tool for a C3 equipped with base 270 horsepower 350 cubic inch V8 confirms the original owner is asking $8,000 less than the #1 “Concours” estimate of $68,000.  While we have no doubt this low mileage car is immaculate,  originality is everything in the Corvette world and now that this C3 has a replacement crate engine with a hole cut through the hood to make room for dual aftermarket carburetors we argue the value has decreased. Consequently, this Corvette earns our latest “NEW!” (short for “No Effin Way!) Award for its out-of-touch asking price.

If you disagree with our assertion and are okay with paying this kind of money for a no-longer-original C3, you can start the conversation by e-mailing the seller here.

Oh, where do we begin?  Strike one:  the seller mentions the original 350 small block has been replaced with a brand new LS7 crate motor.  Okay, now that you made this a non-numbers matching car, did you remember to change out the radiator and the front suspension to handle the bigger motor?  Strike two:  please tell us that’s an aftermarket hood you cut a hole through to make room for the dual carburetors and you have the original sitting off to the side.  Strike three: seller, you don’t mention anything about the documentation we hope you’ve kept together since new.  Do you have it?

Perhaps you can accuse us of being harsh, but with an asking price of $60,000 there are plenty of other low mileage, unmolested C3s waiting to be purchased.  What are your thoughts – we’d love to hear them!  Please comment below.

Here’s the seller’s description:

“1971 Corvette Convertible – White car with black interior (like new)
• Original vehicle; never been restored or in a body shop
• Original 23,000 miles
• Original 350 cubic inch engine that was replaced with LS7 454 cubic inch engine
• Brand new crate
• Engine is cast iron and no longer available to purchase; 0 miles & brand new
• Car has original paint & has never been damaged
• One owner (original) since 1971
• Side mount exhaust that is only available in the aftermarket
• New brake calibers (stainless steel), dual carbs, four barrel carbs (new)
• 4 brand new BF Goodrich tires, never been used.
• Wheels and wheel treatment are original
• 4 speed straight stick trans

Do you agree with our assertion this one-owner Corvette is now over-priced?  Comment below and let us know!

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