1961 Corvette 4 speed 270hp

[Stefano]

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


http://i9.photobucket.com/albums/a79/StefanoBimbi/1961%20Corvette%20270hp/1961Corvette283270HPDualQuads005.jpg

http://i9.photobucket.com/albums/a79/StefanoBimbi/1961%20Corvette%20270hp/1961Corvette283270HPDualQuads021.jpg
http://i9.photobucket.com/albums/a79/StefanoBimbi/1961%20Corvette%20270hp/1961Corvette283270HPDualQuads030.jpg
http://i9.photobucket.com/albums/a79/StefanoBimbi/1961%20Corvette%20270hp/1961Corvette283270HPDualQuads031.jpg

[Stefano]

Sold.

[Charley Lillard]

Congrats. Nice car.

[NovaMob03]

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 http://www.yenko.net/ubbthreads/images/graemlins/worship.gif

[Salvatore]

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! http://www.yenko.net/ubbthreads/images/graemlins/dunno.gif

[Zedder]

Amen Sam! http://www.yenko.net/ubbthreads/images/graemlins/worship.gif

[NovaMob03]

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 http://www.yenko.net/ubbthreads/images/graemlins/no.gif

[Zedder]

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 http://www.yenko.net/ubbthreads/images/graemlins/smile.gif 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.

http://i152.photobucket.com/albums/s177/Zedder_photos/1967%20Camaros/BHlside2.jpg

[Stefano]

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? http://www.yenko.net/ubbthreads/images/graemlins/dunno.gif

[Salvatore]

[ 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 http://www.yenko.net/ubbthreads/images/graemlins/no.gif

[/ 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. http://www.yenko.net/ubbthreads/images/graemlins/dunno.gif

[Stefano]

Hmmm......interesting. Several of the recent (more than $25,000,00) sales were to Customers in the Plumbing Business http://www.yenko.net/ubbthreads/images/graemlins/dunno.gif However, none were named Joe.

[Mr70]

I won $25 just by betting on the Phillies,then I went to the bathroom. http://www.yenko.net/ubbthreads/images/graemlins/wink.gif

[Salvatore]

http://www.yenko.net/ubbthreads/images/graemlins/haha.gif http://www.yenko.net/ubbthreads/images/graemlins/haha.gif S&^T flows down hill and paydays Friday is ther motto! http://www.yenko.net/ubbthreads/images/graemlins/biggthumpup.gif

[ORIGLS6]

"S&^T flows down hill "

Yeah, and I live at the bottom of the hill! http://www.yenko.net/ubbthreads/images/graemlins/mad.gif

[TXZS]

Actually, payday is Monday. If you pay them on Friday, they won't show up on Monday.

[NovaMob03]

A close family member just 'lost' 300K in the market. Granted, it's just a paper loss, but the recovery to past market levels will be slow. It could have paid off a mortgage, paid for a vacation spot or bought a really, really nice car http://www.yenko.net/ubbthreads/images/graemlins/3gears.gif
The fact that Stefano's moving some high & low end cars is a promising sign for the hobby & that maybe there are some others out there that think like I do. We have a better chance of stabilizing the collector car market than the experts have stabilizing the stock market. JMO
I have no faith in brokers that use other's money to make their living, or in the stock market. I'd rather gamble it myself on something I can enjoy. You don't always win, but it's better than someone else losing it for you.
Life is short...do what you want before it's too late http://www.yenko.net/ubbthreads/images/graemlins/grin.gif

[MosportGreen66]

Promising sign or common sense?

A smart investor knows his limits and diversifies. If the stock market is bleak, then invest else where. Tangible assets (cars) are a sure way to enjoy your money. If you make a buck doing so, awesome, if not, the value of fun must be factored into the equation!