1961 Corvette 4 speed 270hp

**Stefano** · #1 10-16-2008, 12:27 AM

Super Nice Driver. Was frame off restored approx 10 years ago and driven sparingly ever since.

Numbers Matching, Two tops. One of the best running and driving straight axle Vettes I have ever driven!

$61,000.00 obo

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**Stefano** · #2 11-06-2008, 06:49 AM

Sold.

**Charley Lillard** · #3 11-06-2008, 09:23 AM

Congrats. Nice car.

NovaMob03 · #4 11-06-2008, 04:23 PM

The DY Yenko and this one selling is a good sign. Maybe guys are getting tired of watching their stock market investments roller coaster.
Stefano, you da man

**Salvatore** · #5 11-06-2008, 04:51 PM

I don't think it has anything to do with the stock market. If the price is right there is a buyer. Maybe people are TIRED of spending $200,000 for a $100,000 car. Nice cars priced right will sell!

Zedder · #6 11-06-2008, 06:13 PM

Amen Sam!

NovaMob03 · #7 11-06-2008, 07:08 PM

Dropped 500+ yesterday. Unemployment figures may come out today, so I expect another wild ride. Call me crazy, but I'd rather buy a nice collectable car or vacation property than stay in the market & watch it continue go south

Zedder · #8 11-06-2008, 07:17 PM

I have to agree with you too Jude. I lost the value of a couple of nice cars during the past few months and I just don't trust the markets much anymore. I'm not going to pull anything out, but I am also not putting anymore in! I'd rather buy a fairly priced car or two

I think what Sam is referring to is that prices of SOME cars did get a little out of hand over the past decade. I was unpacking some of my old files the other night and came across some old car files. I paid $27,500 for this car in 1999 and I'm guessing it would be worth about a $100K right now. I'm sorry, but that is just crazy! Yet, we've all become so accustomed to prices rising that we've come to accept it. I don't think prices will go back to 1999 levels, but I'd bet we will continue to see some more softening as things get tougher economically.

**Stefano** · #9 11-06-2008, 07:21 PM

The Market is looking strong from our most recent perspective. We recently sold a bunch of cars. Including our Yenko Chevelle (It will still Make the Vette Fest).

While I don't fully understand it, it might be the Barry Factor?

**Salvatore** · #10 11-06-2008, 08:03 PM

[ QUOTE ]
Dropped 500+ yesterday. Unemployment figures may come out today, so I expect another wild ride. Call me crazy, but I'd rather buy a nice collectable car or vacation property than stay in the market & watch it continue go south

[/ QUOTE ]I think that was true a few years ago Jude but anymore I think alot of people are buying nothing and just keeping some of their available play money close to home for an emergency. The average guy that has say $25,000 to spend on a car is probably all the money that person has. A few years ago that person would buy that car knowing that his job was fairly secure and he could make more money to replace that. Today if you are not really well off you are not going to plunk down $50-$60,000 on a car if you think that there is any family jeopardy in your future. Most people are certainly not going to go get a loan for that kind of money to buy a non necessary musclecar I don't believe. I assume dealers look at things different than collectors. I buy to keep! The average "Joe The Plummer" here is being hindered by lifes day to day problems and the economy and fear of not knowing whats around the corner. Take it from us we have 4 kids and helped send 3 to college and one to trade school. Its scary out there for the small fry like me. I am being more selective on what I am buying lately.