Value of 68 L78

[427king]

1968 L78 camaro Blue/black 37K miles,paperwork car[window sticker and POP] with nom motor. gauges, tilt, am fm ,m22,373 posi,buckets,vinyl top ,frame off 1999,few miles since. Not a 100 point car but a complete rust free body. any ideas on value??

[Hylton]

Zedder would know. He's been keeping an eye on the market for these.

[csx289]

Chuck,

I bought a similar 68 about 4 months ago. L78, M22, red/red, POP, tons of docs, console, gauges, awesome survivor type 40k mile car with original drivetrain and sheetmetal. Smog and original manifolds in a box where they have been since March of '68. Orange paint still on manifolds! Paid $75k. Had crappy old 1980's repaint so it is out getting stripped and painted correctly and detailed.

I paid up because of the red/red combo, M22, docs, and original drivetrain. Probably going overboard on the cosmetics as well so may have passed up the TMV of the car by the time I am done?

So imho perhaps a NOM car is 20% less? Paint color a deduct of 5% over red (debatable of course)? Call a nice older frame-off comparable in value to an unrestored car? So I'm saying in the 60k range, but really in the end it boils down to are you buying it for future profit (ie, need to buy it "right"), or buying it because you like it and want to have some fun with it and don't care if you get all your chips back when you sell?

My $.02... let us know what you do!

Colin

[AutoInsane]

Colin, I would think being fully restored car would be a bit nicer than a car with a "crappy paint job". I know that I have a 74 CJ5 in my garage that was restored (yes, really restored not just painted!!) in 1995 and it looks 95% as good as it did the day it came out of the shop! (Few miles, dehumidifier, dry garage, cover). Kind of sounds like the Camaro in question car has been treated well since its resto 9 years back.

I kind of can't believe a 68 L78 that needs a paint job and some freshening up went for $75 K!! Aren't the 69's a bit more in demand than the 68's?? Shouldn't a 69 L78 be going for the kind of $$$ you are talking about?? Just curious...

I must admit, you probably know more about car collecting than I ever will so if you are paying up I will be looking for a value increase in 68 L78's in the near future!!

[jus4funn68]

This is an interesting thread since I'm just now finishing the car I started 6 yrs ago. If color truly has any influence on the value, does Corvette Bronze hurt or help the value? It seems to me that the people in the hobby seem to be fond of the color but the Sat. night crusin' crowd has not been. Just curious. Kevin

[camarojoe]

I take Corvette Bronze over red personally.

[Charley Lillard]

68 is the softest year and a non orig engine hurts. I think 60K is high. Red red is really cool especially if it is red deluxe. Corvette Bronze is one of my favorite colors.

[Hotrodpaul]

Three or four years ago I got a response from a gentleman that had a 68 L78 survivor Corvette Bronze original paint 20K mile car he was looking to sell. Here are some pics:




I ended up bying the Lemans Blue car but this one sure was beautiful. Does anyone know this car?

Paul

[mrrec]

[ QUOTE ]
Colin, I would think being fully restored car would be a bit nicer than a car with a "crappy paint job"...........I kind of can't believe a 68 L78 that needs a paint job and some freshening up went for $75 K!!

[/ QUOTE ]

Colin's red/red L78 M22 car is one of the best documented 68s in existance with bulletproof history (it was mine!). With the all original drivetrain, carb, smog (even orig to the car mint wheelcovers!) and low documented miles, it is worth more than any restored similar non-numbers car. Think about it. Can Colin's be restored? Yes. Can a restored, non-numbers, no doc car become documented and get it's orig drivetrain (waiting for the stamping and microwave comments.......)?
Dave

[mrrec]

Paul:
I think the Corvette Bronze car is one I looked at in Ohio in about 2000. Nice car. I think engine had been fluffed and had been out - a little too much detailing for me to consider it a true survivor (I'm picky that way). That seller was not happy I didn't buy the car at about $35k - a premium at that time.
Dave