![]() Dedicated to the Promotion and Preservation of American Muscle Cars, Dealer built Supercars and COPO cars. |
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#1
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It seems to be more of an issue about the car being a low mileage(11,000 miles isn't really that low) and untitled car. It obviously isn't an untouched car so that leaves people wondering why it sold for $205K. We could guess and speculate all day, but this situation won't happen again so why bother. I know of a lower mileage 69 Z28 in my area. I'm not gonna tell the guy his car is now worth $205K just because one sold for that at BJ. His car is title in his father's name(the original owner) so it can't be compared to this dealer car. Just imagine what this dealer car would have gone for if it was truly untouched and untitled!
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69 Z28 JL8, #'s match - being restored |
#2
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We could guess and speculate all day, but this situation won't happen again so why bother. ![]() [/ QUOTE ] Jeff: YOu may be right, but I remember thinking this market peaked out when John Berry's 5,000 mile white Z/28 sold for $29,500 a few years ago. Car is featured in Jerry's book. Then it showed up for sale a few months later in Hemmings with an asking price of $39,000, and I thought, well surely this is the peak, assuming the seller got something close to that. Now look. Also must consider that if bidding reached $205k, there had to be at least one other individual willing to pay about $200k, or the bidding wouldn't have gotten where it is. Charley makes a good point. Hard to hit a home run without taking the risk of striking out. Lynn |
#3
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I recently had this discussion with another member. I remember when I went to Volo to have my Z/28 appraised at $16,900. Perhaps foolish but at the time I never imagined that the car would be worth double. And considering how many were produced. Now its triple.
![]() I have learned to never say never...
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1969 Z28 1972 Corvette |
#4
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I do like the 1969 Z/28.
But I do not understand those that say it was a rare or low production option? There was a delay in the production of the new 1970 Camaro bodystyle,so they had to build the 1969 Camaro bodystyle longer then anyother,almost 6 months longer,all the way to February 1970. They built 206,837 8CYL 1969 Camaros of which 190,971 were Hardtops. 20,302 of those were built with the Z/28 option. That's the highest Z/28 optioned production between the years 1967-1972. <u>Z/28 Totals:</u> *1967-602 *1968-7199 *1969-20,302 *1970-8733 *1971-4862 *1972-2575 That year doesn't seem like a low production year to me? ![]() |
#5
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Out of those 20 thousand there are still over 75 thousand on the road and another 50 thousand on ebay for sale
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SamLBInj 69 Z/28 X33D80 72-B H-D 105 FLSTC |
#6
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But I do not understand those that say it was a rare or low production option? [/ QUOTE ] Who said that?
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1969 Z28 1972 Corvette |
#7
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The guy paid 200K for the car, doesn't mean every other one is going to bring that. If a seller thinks his can then put the price on it and see what happens. I think we all get caught up into this. Like Charley said the seller put it up at No reserve and did well, the educated buyer wanted it, so there you go. Simple as that, in my mind it does not have any bearing on what my 69 SHOULD bring today. There were many cars that sold for HALF price of cost. Hope the seller and new owner, Fred, are happy.
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#8
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Something really puzzles me about this 11K mile car.
It was mentioned that the car had yearly maintenance done to it by the Chevy dealer where it was stored. If the car truly had 11k miles on it, why would the exhaust need to be changed? Why would the spiral shocks need to be changed?? And who would change-out the plastic windsheild washer bottle with one that came on a '63 Impala???? And the wear on the pedals doesn't sound logical either. I have seen many 1969 Camaro "survivor" cars, one locally as a matter of fact, with 25K miles on it, and it doesn't have half the things changed like this car. The pedals, original chambered exhaust and spiral shocks look great. Additionally, I don't hear of any documention on this 11K mile car also.... Was there a P.O.P., sales docs, etc??? I'm not throwing stones, and yeah I'm jealous (I wish I had 200K+ to blow on a Camaro), but this car seems to have some real issues that will never be resolved, unless one of the previous owners steps up to the plate and tells the real story. |
#9
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That was one persons opinion on pedal wear. If you are the service manager of the dealership in 1980, maybe you figure the car needs new shocks. These were not Camaro people.
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