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Corvette
C4 Forum
1987 C4 project car
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<blockquote data-quote="Vette1993" data-source="post: 162155" data-attributes="member: 4304"><p>Hi jwendell413! Looking at pics of your Vette...obviously requires a lot of TLC! Hope you got a really great deal on it, as it will cost a fortune to repair and replace most components on this car. First, grab a clipboard and do a serious walk-a-round assessment of this vehicle, mark down everything that is "wrong". Go online and check out Eckler's, Zip, Corvette America, and Corvette Depot (Canada) to get the pricing on what is required to repair or replace on your car. When you tally up the "dollars", you then have to make a serious judgement call, as to whether it is worth it to go through the trouble and huge expense of time and money, understanding that there is a ceiling as to what this car is worth, what it's average return would be if you sold it, and about how long would you keep this vehicle in your possession. Last summer I bought but then swapped a 93 6-speed 40th anniversary coupe with proven pedigree for an 86 Vette in fairly great condition. While this was a mechanically sound vehicle, it would have cost well over $10000 to repair all the cosmetic problems, not worth it to me as an investment, based on it's market value. However, I figure I came out ahead, as I now own a vehicle worth double what I paid for the '93. Don't let this become a money pit, these Vettes are expensive toys, but they are loads of fun, just keep a clear perspective on things.</p></blockquote><p></p>
[QUOTE="Vette1993, post: 162155, member: 4304"] Hi jwendell413! Looking at pics of your Vette...obviously requires a lot of TLC! Hope you got a really great deal on it, as it will cost a fortune to repair and replace most components on this car. First, grab a clipboard and do a serious walk-a-round assessment of this vehicle, mark down everything that is "wrong". Go online and check out Eckler's, Zip, Corvette America, and Corvette Depot (Canada) to get the pricing on what is required to repair or replace on your car. When you tally up the "dollars", you then have to make a serious judgement call, as to whether it is worth it to go through the trouble and huge expense of time and money, understanding that there is a ceiling as to what this car is worth, what it's average return would be if you sold it, and about how long would you keep this vehicle in your possession. Last summer I bought but then swapped a 93 6-speed 40th anniversary coupe with proven pedigree for an 86 Vette in fairly great condition. While this was a mechanically sound vehicle, it would have cost well over $10000 to repair all the cosmetic problems, not worth it to me as an investment, based on it's market value. However, I figure I came out ahead, as I now own a vehicle worth double what I paid for the '93. Don't let this become a money pit, these Vettes are expensive toys, but they are loads of fun, just keep a clear perspective on things. [/QUOTE]
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Corvette
C4 Forum
1987 C4 project car
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