One of the most frequent questions we are asked is about the pricing of project Corvettes. These are cars defined as non-running and in many cases they may contain damage and rust to the body and frame. Placing a valuation on a project car is done for the most part just as you would do a running Corvette: determining the condition, options and documentation. However, emphasis should be placed on the condition of the Corvette as well as surveying the car's current components and determining what, if any parts may be missing. And of course the question you should always ask whether the Corvette is a project or NCRS Top Flight is about documentation, because a project car with documentation will always be more valuable than one without.
Having said that, we were contacted by KR in Kansas who inquired about the value of his 1966 Corvette Convertible that hasn't run in over 15 years.
1966 Corvette Convertible, VIN 194676S113XXX. Nassau Blue with black vinyl interior. 4-speed transmission. The Corvette has a replacement, non matching numbers 327-300 hp block with the original engines heads, intake and carburetor. 61,553 miles are shown on the car. The engine hasn't run since 1993. The body has several problem areas. Clock is missing but most other parts are either still on the car or stored with it. No documentation.
Find out how we valued this Corvette after the jump. [More]More...