NEW! Award 93: 1964 Chevrolet El Camino – Sold?
March 7, 2022, Update – We just confirmed the listing for this “Classifind” expired, so with no replacement found we’re assuming this ride “Sold?” While this one got away, please reach out either by email or call us directly if you’d like to be informed when we come across something similar.
Too many times we come across a listing for a freshly restored ride only to find the price is completely out of line with what the current market will bear. Why? More often than not, the seller rationalizes that all of the labor and parts that went into restoring the vehicle can be added to the value. Our latest example is this 1964 Chevrolet El Camino originally listed in January 2022 on Craigslist in Brewster, New York (near Danbury, Connecticut) reported to be freshly restored in its factory shade of Meadow green. Other than benefitting from factory air conditioning, this example appears to be a nicely restored example of what was likely dry-weather-climate UTE.
The seller is currently asking $50,000. We cite four sources confirming the seller’s price is out of line with recent past results. First, Classic.com confirms the highest price achieved over the past five years for a ’64 El Camino was $39,600. Second, the Hagerty Insurance Online Valuation Tool confirms the private seller has their freshly restored El Camino priced sixteen thousand dollars above this guide’s #1 “Concours” appraisal of $34,200. Third, the Collector Car Market Review Online Tool confirms the seller’s ask is nearly double this guide’s #1 “Excellent” appraisal of $25,500 before factoring in a seventeen percent premium for the 283 cubic inch V8 and factory A/C. Finally, a quick check of past Bring A Trailer results confirmed non of the ten ’64 El Caminos auctioned on that site to date came anywhere close to the fifty large mark. With no fact-based data to support asking this optimistic price, we have no choice but to award the seller our latest “NEW!” (short for “No Effin Way!”) award for setting an asking price clearly not based on recent past sales of similar models.
After a four-year model hiatus and seeing Ford’s success with a Falcon-based Ranchero, in 1964 Chevrolet reintroduced an all-new, mid-size El Camino based on the new Chevelle. The 1964 El Camino relied on the Chevelle’s two-door wagon architecture forward of the B-pillars and carried both “Chevelle” and “El Camino” badges. Unlike the Chevelle however, Chevrolet initially marketed its new El Camino as a utility model so at the time the biggest engine available was the 327 cubic inch small block V8. El Caminos also featured fully boxed frame rails and came standard with rear air shocks.
The Fast Muscle Car YouTube Channel features this vintage 1966 comparison of Chevy’s Chevelle-based El Camino versus Ford’s Falcon-based Ranchero:
We’re not knocking this freshly restored 1964 Chevrolet El Camino. Based on the pictures provided it appears to be a nicely restored example in a pretty factory color combination. The seller can only hope someone will come along on Craigslist willing to pay approximately a $15,000 premium over any other example sold in the past five years. We doubt that will happen and we predict we will see the asking price lowered before this UTE sells.
Here’s the seller’s description:
“1964 Chevelle El Camino frame-off restoration matching numbers fresh 283 cubic inch engine two-speed Powerglide transmission 308 posi rear differential Factory air conditioning dual exhaust power steering painted in original color code 905 Meadow Green“
Fair Price or NEW! Award? Do you agree with our assessment of this 1964 Chevrolet El Camino? Comment below and let us know!