NEW! Award 45: 1957 Chevrolet Bel Air Fuel Injected Convertible – SOLD?
October 2020 Update – The seller of this very optimistically priced ’57 Bel Air convertible deleted his ad this week. Normally, we would confidently assume the car sold, however in this case with a $249,000 asking price, we wonder whether the seller in fact may have simply removed the listing. Unless we come across a new listing in the future, we assume this Bel Air sold.
While we often come across a number of um, shall we say “optimistic” asking prices, the $249,995 ask for this frame-off restored, every-available option, fuel-injected, 1957 Chevrolet Bel Air convertible listed in August 2020 on Craigslist is one of the most off the mark we’ve seen in a while. We do not question this Bel Air is a loaded example appearing to have the benefit of a high-quality restoration and only 1,100 miles traveled since. What we do question is how the seller came to their asking price. When compared to the Hagerty Insurance Online Valuation Tool it’s $88,000 higher than the #1 “Concours” estimate of $162,000. Last month, Mecum managed to sell this AACA Grand National Award winner for “only” $110,000. In April, BringATrailer.com successfully auctioned this cosmetically identical, dual-quad powered Bel Air for $68,000. The cold hard reality is that Tri-Five Chevys have plateaued in value as the enthusiasts interested in this vintage of Chevrolet continue to age out of the hobby. We get the impression the asking price is not based on market realities but rather the cost of the restoration and for that we’re giving the seller our latest NEW! (short for “No Effin Way!) Award for such an out-of-touch asking price.
Here’s the seller’s description:
“This is a 1957 chevy convertible with a fuel injected 283 motor automatic trans, power steering, brakes, windows, seats and antennia. It shows about 1100 miles since total frame off restoration everything was restored or rebuilt. it comes with every option that was available for this car. compass, shaver, tools, posi rear, sway bar, day / night mirror, one piece bumper, bumper guards on front, continental kit, vacuum ashtray, rain sensor, third note horn, windshield washer, liter bag, tissue dispenser, rear speaker control, daul exhaust, and daul antennias This car has won many shows. The car is tropical turquoise with a ivory and turquoise interior just as it came from the factory. If interested please contact me with all offers. trades considered. It does not get much better then this. I know I am missing some other options on this car please check out the pictures.“
Do you agree with our assessment of this Bel Air? Comment below and let us know!