1969 Chevelle SS 396 (L78) Convertible - Chevelle Tech
What's it worth? & ebay/online sales discussions

 
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post #1 of 5 (permalink) Old Oct 29th, 13, 3:45 PM Thread Starter
Mark
 
Join Date: Sep 2013
Location: St. Paul Minnesota
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1969 Chevelle SS 396 (L78) Convertible

I recently purchased a 1969 Chevelle SS 396 Convertible this spring. The car has been restored to a degree, including an excellent Paint restoration with Azure Turquoise over 15 years ago. The top is a new Black Cloth Convertible with a glass rear window. The car is a real Chevelle SS 396 and the engine is a real 1969 L78, they were not born together and I found no paperwork. It has a M21 Muncie with a Hurst linkage/shifter on the floor with a TMI Sport Seat Bench with a black interior. I spent the summer extensively upgrading and restoring the car to a premium driver. I recently had a Hotchkiss suspension installed and a rear disc conversion. The car was pricey to begin with and then I added over $15,000 in the upgrades and many hours of my hands-on work. I completed this car to recreate my first car from 40 years ago. I purchased the car knowing that it was a clone and have had no regrets. It is a wonderful car and I will use it for many happy years. I have chosen to focus on making it a "Day-2" with many nice and tasteful upgrades. While I understand that a true OEM restoration may yield a better resale value, the car is exactly how I wanted it. My question is a realistic value, especially for insurance coverage. I plan to have an appraisal in the future, but I would like true Chevelle owners input. Thanks, Mark
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post #2 of 5 (permalink) Old Oct 29th, 13, 4:06 PM
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Ron
 
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Re: 1969 Chevelle SS 396 (L78) Convertible

We really need several pictures to even offer a ball park estimate. Maybe $20000-$40000?

70 Chevelle SS396 (496) Straub roller, 700r4
69 Malibu convertible (sold)
95 Z28 Convertible T56 6 speed
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post #3 of 5 (permalink) Old Oct 29th, 13, 4:22 PM
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Cyrus
 
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Re: 1969 Chevelle SS 396 (L78) Convertible

Open a Photobucket account and post link. No pictures, never happened.
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post #4 of 5 (permalink) Old Oct 29th, 13, 6:15 PM
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jackie
 
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Re: 1969 Chevelle SS 396 (L78) Convertible

Realistically, you will be able to get an appraisal of somewhere between $25,000 and $30,000, if the car is as nice as you say. I had my Malibu appraised for a new insurance policy a few months back, and they came back with $30,000.

I have spent more than that on just drive line upgrades in the past year and a half.

Keep in mind, that appraised value has nothing to do with what you could actually get for the car if you decided to sell. At that point in time, the car is worth exactly what someone is willing to write you a check for.


Like many of us, you have built the car you wanted to build, not staying up at nights in a cold sweat wondering if you will ever recoup your "investment". You already know that the answer is "no".

But monetary worth is not worth near as much as the enjoyment you will receive. I look forward to seeing some pictures.

'67 Chevelle Malibu, Catalina Blue, 540 inch Rat, Air Flow Reasearch 290 CNC Heads heads, Custom Hyd Roller, .675 lift, 234, 244 at .050, Lemons Headers, Holley Multiport Fuel Injection, TCI 6X 6Speed Automatic, 12 bolt Posi Eaton TruTrac, 3:31 Richmond Gears, front and rear power disc brakes, Global West Suspension, etc.

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post #5 of 5 (permalink) Old Oct 29th, 13, 6:45 PM
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"The Stig"
 
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Re: 1969 Chevelle SS 396 (L78) Convertible

For insurance purposes, it's not what someone will pay for it, but rather what it would cost to replace it...

The $15k in mods needs to be included in that, if the insurance company will let you.

Always over-insure, because cost to replace is always higher than actual value on anything that you can't go out and buy exactly the same as what you have.

Derek Kiefer, member of Minnesota's
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