Value of very high end 70' Nova

[Sheck44]

Hey Guys
I have an opportunity to take over a build for about 40 cents on the dollar on a 70 Nova.
Brief overview of the build:
Full DSE front and rear / mini tubbed / Rushforth wheels / MAST Black Label 635 HP LS3 / T56 magnum

I can take this car to a very high level for a very decent price but my concern is what the market is like for a 70' Nova of this caliber. If this was a 69' Camaro (like I have) I know exactly what it would be worth and I am in the dark with the Nova.

Would be finished similarly to this
http://jalopnik.com/5167160/troy-tre...our-girlfriend

The other option I am entertaining is taking all the parts off the car and doing another 1st Gen camaro ...

Let me know what you guys think

Thanks guys
Steve

[dhutton]

Hi Steve. I would estimate roughly 2/3 the value of a similar 69 Camaro.

Don

[Ketzer]

I always call mine the "poor man's Camaro..." but I love that its not a Camaro. You very rarely see a well executed 3rd gen at shows which makes them really stand out in a sea of big brother.

That being said, Don is probably pretty close. Build it, don't cannibalize it.

[Sheck44]

Yup, completely torn ... on one hand bigger market for the 1st gens, and on the other side is the fact there are very few 69-74 Nova's

So, just off the cuff here ... would a conservative selling price for the Nova be around the $80k mark

And yes, Ketzer I like to keep my builds very clean (not cannibalized LOL) ... any chance you could shoot me some pics of your car, there are very few pics to be found on line of nice Nova's
Will PM you my email

Thanks again
Steve

[GregWeld]

Yup, completely torn ... on one hand bigger market for the 1st gens, and on the other side is the fact there are very few 69-74 Nova's

So, just off the cuff here ... would a conservative selling price for the Nova be around the $80k mark

And yes, Ketzer I like to keep my builds very clean (not cannibalized LOL) ... any chance you could shoot me some pics of your car, there are very few pics to be found on line of nice Nova's
Will PM you my email

Thanks again
Steve



Wanna find out the "DIFFERENCE" between selling prices -- go fact check the Barrett Jackass auction results. Pretty easy to pull up specific years and models etc.

Here's my point -- you're not going to find many modded '70 Nova's -- but at least find the nicest ones you can find -- and then try to make a measurement of the "delta" (the spread) on the price - based on "how many 80K Nova's sold"?? Or was the highest price more like 35K ? Or are there some that sell for $125K?

My guess is -- you'll be shocked at what LOW prices these bring overall.

Here's a couple "examples" of what I'm talking about researching.


http://www.barrett-jackson.com/Events/Event/Details/1971-CHEVROLET-NOVA-CUSTOM-181040



http://www.barrett-jackson.com/Events/Event/Details/1970-CHEVROLET-NOVA-CUSTOM-2-DOOR-COUPE-133526

[Ketzer]

http://pic100.picturetrail.com/VOL267/1824562/20464769/410514396.jpg


Mine is more of a resto-mod than a full out pro tourer and definitely on the lower end of the price scale GW posted. I get offers to buy all the time... but I've never asked what they were willing to pay :G-Dub:

[GregWeld]

Well that very nicely updated charity build fetched $75K ---- but how much of that was the 'charity' bid?? I think it was definitely a $75K car!

[Sheck44]

Thanks Greg, yes I don't think you can consider the charity bids as realistic

Cheers
Steve

[GregWeld]

BY THE WAY --- I'm not trying to be a Debbie Downer here! Just trying to show a way that I use to attempt to place some unknown value to a particular "CLASS" of cars or trucks.

Obviously there are exceptions to any!

We all know that there are certain desirable models -- and the supply for parts and accessories support those...... and if you CHOOSE to build something else --- then who cares if it's what you love -- just know that the return might not be there FINANCIALLY -- financially we're all committing suicide building this stuff anyway - and we know it! LOL

[raustinss]

Steve
Consider what a good clean shell is worth plus the used prices of the parts ....in other words if you bought it ,stole the parts and sold the rest would you get your money's worth out of it. If so call me ...always like them 70 novas

[Sheck44]

Hey buddy, oh ya absolutely I will grab the nova for the parts even if I have to shelf a build until my current build is done.

Greg, not at all .. I don't want to hear fluff, i want honesty and thats what I'm getting.

I'll figure it out, but leaning towards building another 69' ... but possibly a convertible this time

cheers
Steve

[96z28ss]

Buy the Nova and take all the parts you can and build a Camaro.
If you want to make some money.

[GregWeld]

Hey buddy, oh ya absolutely I will grab the nova for the parts even if I have to shelf a build until my current build is done.

Greg, not at all .. I don't want to hear fluff, i want honesty and thats what I'm getting.

I'll figure it out, but leaning towards building another 69' ... but possibly a convertible this time

cheers
Steve


Okay --- having had a few '69 Camaro Convertibles in my time -- just remember to cure the cowl shake - or you'll be hating the car. So make sure you're planning on really tying the car together.

[Sheck44]

Okay --- having had a few '69 Camaro Convertibles in my time -- just remember to cure the cowl shake - or you'll be hating the car. So make sure you're planning on really tying the car together.

Will have to seriously look into this if I go in this direction ... thanks Greg

Steve

[kwhizz]

Been there done that.........Had a pretty decent 11,000 mile 70 Nova done up as a numbers matching car.......L78 turbo 400 rubber floor mat column shift car........non original drivetrain..........LOL.......Never Again.......Nuff Said !!!!



Ken

[Sheck44]

Been there done that.........Had a pretty decent 11,000 mile 70 Nova done up as a numbers matching car.......L78 turbo 400 rubber floor mat column shift car........non original drivetrain..........LOL.......Never Again.......Nuff Said !!!!



Ken

There it is !! ... Nova is a NO go

Steve

[clill]

Years ago we got Stielow a Nova to build. I ranted to him that even though it would be cool, when it cam time to sell it would bring nowhere near a Camaro and would cost the same or maybe more to build. Wheel 2 Wheel-Kurt Urban built it into Joe Nova with the twin Rotrex superchargers. I think it even made the cover of Hot Rod. Really cool car that had about 250K spent on it. A friend bought it later at auction for 40 something thousand. He loves the car.:headspin:

[gerno]

How much did the Speedtech Nova bring? Wasn't it at auction when the guy from Australia bought it I think? I would assume that's one of the most recent high end Nova builds there are.

[preston]

Really cool car that had about 250K spent on it. A friend bought it later at auction for 40 something thousand. He loves the car.


Wow. I remember that car. Totally cool and your friend got a great deal.

It should also be remembered that car was built as a "derelict sleeper" which must also limit its appeal compared to a paint/chrome/billet car.

But I know nothing about market values either.