69 Z28 Sold for $112,000

[Musclecarkid]

Interesting discovery on the infamous Gobi Beige 70 LS6 conv that is now Astro Blue. It's not a real one, cause with a vin like 136670B111501 it's an October 69 built 70 Chevele conv from Baltimore. Now we all know they didn't build any LS6 cars that early don't we! Sold in 2003 for $49,680 with NO docs. How much did it sell for since it was painted Astro Blue?

[MosportGreen66]

[ QUOTE ]
Sold in 2003 for $49,680 with NO docs.

[/ QUOTE ]

I was just going to make a comment. $50K for a "numbers matching" LS6 Convertible? Blue must have done that Chevelle justice.

[gemleeus]

hi, just registered as a forum member. the yellow 69 z car was supposedly a jl8 car. also it had an "original" crossram setup. although it means nothing unless # match equip. if original that would be a correct price on that car in "my" opinion. a crossram setup is running approx. 15k today. also it was nice restoration don't ya think. anyway looking forward to talking with all yall knowledgable guys in here.

[Stuart Adams]

Man there is soooo much negativity in the hobby now that these cars are bringing big bucks - greed and money bring all the BS to the surface. Man between the fakes, coverups, deception, lies ,etc. it's sad that the hobby is coming to this. Its great that you guys have the knowledge to keep these guys somewhat in check...

[gemleeus]

i understand what you are saying, i have recently come into the market looking to purchase a nice original muscle car. there are many crooks out there, but i have found so many nice, honest folks also in my search for the right car, i'am in the market for rare z cars or copo's. if you are going to spend that kind of many on a classic car you should do your homework to keep from getting burned, if you don't have any knowledge then hire a professional to check car for you, whats $400.00-$1000.00 to protect your investment? i'm buying for enjoyment and investment purpose. i can recall as a little boy watching a superbird go down the street and thinking i'm going to have one of those someday.

[Jeff H]

Remember, the crossram setup was an over the counter option so it would never be considered original equipment. Did the yellow JL8 crossram car have any documentation with it? And I mean real documentation, not fake stuff like the p-o-p that was with the 68 L89 car.

[gemleeus]

i understand the crossram was not factory installed, dealer option only. i thought i recall them saying that it was dealer installed? i guess they had proof of that? i think the car had "Q" code axle? and even if it didn't technology today could make it a Q coded axle if they wanted to go to that extreme. also, isn't an aftermarket crossram produced for the z? i don't really know, thats why i joined to find out from experts. hey, by the way your jl8 for sale?

[Jeff H]

The JL8 rear axle codes begin with "Q" so that does have some meaning. My car has the 3.73 rear which is the "QX" code. The GM crossram was an over the counter option so saying "dealer installed" doesn't really mean much since it wouldn't be original to the car. There are several aftermarket crossram's(Offenhauser, Edelbrock) with the Offy being very similar to the GM but with obvious differences. My car will probably be for sale some day, but right now it's still in the middle of the restoration. I've got the original protect-o-plate and broadcast sheet with it as well as matching #'s. One other thing, GM made some fiberglass crossram cowl induction hoods(less than 100) and I thought that yellow car had one of the GM hoods like I have. That will increase the value as well.

[firstgenaddict]

It used to be if a car was fake it was fairly easy to spot. But the problem now is there are so many crooks who know what they are doing ...and so many speculators willing to BLOW money on undocumented cars or cars with Quasi-documentation for fear of missing the "Big One" that real cars with real documentation go unnoticed because most owners do not have the money or the notion to take the cars BJ. By the way BJ researches in order to determine that the cars are what the owner says yet with their lack of overall knowledge about these cars and obvious lack of research as to the documentation they have done nothing good for the hobby. The people on this forum have done more than anyone to advance the knowledge of these cars and make the determinations as to their authenticity. Sorry had to vent on this....

[JChlupsa]

Received this in an E-mail today and after re-reading it a few times I have to say it does make sense.--
<font color="brown">Post:

I have noticed that a few years ago, about 50% of the auction listings had a reserve, and about 50% had no reserve. If you notice this year, about 95% of the auction listings have no reserve. It is commonly believed that cars with no reserve usually attract more bidders and higher chance of selling.

I have also heard a "hearsay rumour" that car owners are offered a reasonable flat fee commission by auctions to sell/buy their car if they list their cars with no reserve. This allows the car owner and their representatives to bid, driving up bids knowing they will not have to pay the buyer+seller % commision if they land out as top bidder; as they only had a flat fee. If this "rumour" is true, it would explain why sales are occuring at triple the car's market value. It could be the owner and his representative bidding against each other getting the car up to unrealistic prices. In essence buying back their own car knowing they were only committed to pay the flat fee irregardless of how high the bid/sales price went up to. After the auctions, the car is re-marketed with the fact that it sold for $BIG DOLLARS$ at auction.

Nah! that can't be true, people would never do that??? </font>