1967 L88 Convertible - Mecum Dallas

[mr 707]

your bringing the IRS TO YOUR FRONT DOOR TOO

[Charley Lillard]

They made 10 converts & 10 coupes and yes if you sell a Vette for millions you are going to pay Uncle Sam his share.

[SBR]

<div class="ubbcode-block"><div class="ubbcode-header">Originally Posted By: Charley Lillard</div><div class="ubbcode-body">They only made 20 of them so the chances are that more than one person will want to try to buy it. The auction process has the potential to get the seller more money than if he had just listed it for sale with a set price.

The 1967 N.A.R.T Ferrari that brought over 27 mil last week is a perfect example of that. The catalog estimates of it's value were I think 14-18 mil ? Two people really wanted it. </div></div> I can name many examples of when a car was offered to private parties for tens of thousands of dollars less only to see them pay a much higher price at auction. It makes no sense whatsoever to me but it is what it is. I have tracked L88 Corvettes for about 30 years and this will be fun to watch. If I owned the car and I needed to sell it, I would do what the owner is doing. Put in a open market place with the largest captive audience to get the most for my car. This car should do very well. I hope I win the lottery in the next couple of weeks.

[rich p]

I bet you it wont beat a private sale that has ALREADY happen! The prices have already moved up before this even goes off on the auction block !! There is no doubt the corvette world will be watching this sale! Hope Buddy hits it out of the ballpark, great guy!!

[TimG]

The owner of this car lives on Corpus Christi and I’m in that town lots on business. He is a friend and I visit him at his business on occasion when I’m in Corpus. He has lots of cars; the L88 is the premier car in his collection. He’s liquidating his entire collection for health reasons. The first time I saw this L88 was at Earthquake ’88 in Bloomington, the last time I saw it was at the NCRS National event in 2006. Buddy has had it at our Texas Regional for judging. It’s a great car and the circumstances of its sale are sad.

[SBR]

Tim, I hope that it sells for a record price. It's never a good thing when someone has to sell for health reasons. It does make you realize what's important.

[bashton]

And for anyone interested in seeing some of the REAL 1967 L/88's, I am proud to say with the assistance of Mr. Kevin Mackay, we have commitments from the owners of NINE of these historical Corvettes for the upcoming Muscle Car and Corvette Nationals show, November 23-24.

With any luck, the new owner of this one will consider joining us too!

Oh...and we're not done yet...

Bashton
MCACN Managing Member

[TimG]

Nine '67 L88's? Cool. We know these cars can generate big $$$ in any sale.

[rich p]

Lets hope he feels good enough to make it to the auction!! Great guy, always had fun with him on the phone and selling him cars!!! [img]<<GRAEMLIN_URL>>/worship.gif[/img]

[SBR]

Bob, I can't wait to see that display!