NSW Corvettes

Items for Sale by Club Members & Friends => Corvettes For Sale => Topic started by: StephenSLR on January 18, 2012, 12:04:37 AM

Title: 1958 Corvette for sale
Post by: StephenSLR on January 18, 2012, 12:04:37 AM
(http://a1.sphotos.ak.fbcdn.net/hphotos-ak-ash4/377440_355143037844923_100000476899783_1432440_350238363_n.jpg)

Someone I know of has just purchased a '58 Corvette and now may have issues with South Australian rego.

They require cars over 30 years old to be stock right down to the paint colour - not the case in NSW. The car has a 350 instead of a 283 so you can see one problem right there.

The car was advertised for $27,500 he got it down to 24k.  I believe it has been inspected by a well known Australian importer and he's getting it all ready for import, the guy is having cold feet and is now thinking of selling it.

This is the car:

http://www.beverlyhillscarclub.com/1958-chevrolet-corvette--c-639.htm (http://www.beverlyhillscarclub.com/1958-chevrolet-corvette--c-639.htm)

Let me know if you're interested and I'll pass on the contact details.

s
Title: 1958 Corvette for sale
Post by: bfit on January 18, 2012, 09:04:23 AM
It could not be that hard to chance the engine back to stock
Its going to be a big project any way

Bfit  
Title: 1958 Corvette for sale
Post by: Scott on January 19, 2012, 09:07:12 AM
It's not a big project.  Give it a quick clean, get it running and roadworthy, then use it as the coolest daily driver ever. :drag:  It's not like you'd be worried about carpark dings.
Title: 1958 Corvette for sale
Post by: StephenSLR on January 20, 2012, 09:56:58 AM
The price is roughly $28,500 sitting in Melbourne, Sydney or Fremantle.

s
Title: 1958 Corvette for sale
Post by: MR 69ER on January 23, 2012, 12:17:16 PM
Steve, I've sent you a U2U.

Thanks!
Title: 1958 Corvette for sale
Post by: StephenSLR on January 23, 2012, 12:30:02 PM
Quote from: MR 69ER link=topic=9014.msg1045941905#msg1045941905
Steve, I've sent you a U2U.


I've replied to the U2U.

s
Title: 1958 Corvette for sale
Post by: ncheadle on March 07, 2012, 08:18:53 AM
Are you aware if this car is still for sale?
Title: 1958 Corvette for sale
Post by: StephenSLR on March 07, 2012, 08:58:05 AM
I believe it is.

http://www.facebook.com/media/set/?set=a.355142951178265.101084.100000476899783&type=3

$28,500 Landed in Sydney, Melb or Freo.

If you're keen you're best to contact Matt by phone as he travels the US sourcing cars.  His number is  +1 727 364 8707  be sure to add your international prefix if using landline.

Tell him Steve sent ya.

s
Title: 1958 Corvette for sale
Post by: StephenSLR on March 07, 2012, 08:58:51 AM
[youtube]vquyVdwhzWA[/youtube]

s
Title: 1958 Corvette for sale
Post by: ncheadle on March 07, 2012, 01:57:37 PM
Great - Thanks Steve.

Are you aware of an email address  / web site?? That I could get Matt on. Very keen.

Thanks again.
Title: 1958 Corvette for sale
Post by: StephenSLR on March 07, 2012, 02:05:24 PM
You can email him at

shermatt@tampabay.rr.com

A phone call is always quicker, he's quite in demand with the AUD at record highs so receives a lot of emails, many are just people wanting info on cars or asking him to keep an eye out for this and that but I know this Corvette is in his possession.

http://www.facebook.com/profile.php?id=100000476899783 (http://www.facebook.com/profile.php?id=100000476899783)

s
Title: 1958 Corvette for sale
Post by: ncheadle on March 07, 2012, 03:04:39 PM
Brilliant - Thanks again for your help.
Title: 1958 Corvette for sale
Post by: StephenSLR on March 08, 2012, 09:13:38 AM
Keep us informed if you get this.

I'm keen to see what the next owner does to it.

Would be interesting.

s
Title: 1958 Corvette for sale
Post by: ncheadle on March 08, 2012, 12:40:17 PM
Will do - Looks as if it needs a lot of work!

No idea where to start - So I am sure I will have a few more questions for you.
Title: 1958 Corvette for sale
Post by: StephenSLR on March 08, 2012, 12:58:52 PM
It's not for the faint hearted.

You could do it up as a neat driver and that would be the best way to enjoy it IMO.

If you want to get it to NCRS top flight it will be expensive but so will any top flight resto.  To do this it'd be better to get one that needs less work but you'll have to pay a lot more for one of course.

The 58 is a one year model and the best looking of the solid axles in my opinion, parts are rare but you can still get repros and maybe even some NOS that'll fit 58-60 year models.

If it's going to be for personal use and not investment you could slowly do it up over the years and there'd be fun in that.  

Of course you could also turn it into a drag racer. lol.

s
Title: 1958 Corvette for sale
Post by: ncheadle on March 08, 2012, 03:39:28 PM
Thanks Steve,

I agree – I think the 58 is brilliant and for the price it is very appealing, would only want to get this to a neat drive stage – Certainly not NCRS top flight condition. However not being very mechanically minded I would have no idea on the cost of this and or where to start . Certainly for personal use only and would look at this for a project basis. Just love these old corvettes.

Do you recommend anyone in NSW that would be able to help with getting this back to a driving condition.

Thanks again.
Title: 1958 Corvette for sale
Post by: StephenSLR on March 08, 2012, 03:58:58 PM
Quote from: ncheadle link=topic=9014.msg1045942183#msg1045942183
Do you recommend anyone in NSW that would be able to help with getting this back to a driving condition.


The others here may help you with that.

If you're not planning to do a lot of work yourself it could get expensive.  

I'm not sure what condition the motor, gearbox, etc. is, what's missing to get it roadworthy, how the electricals shape up or how long the list of things are that's required for rego.

Matt himself has restored quite a few Mustangs. I recall if nobody buys it he plans to start restoring it.  

You could even ask him if he's willing to fix it to a certain level and how much it would cost.  Stuff like the the frame rail corrosion I'm sure he could fix up.    He's good with Mustangs but Corvette's have a fibreglass shell and I don't know how much experience he has with that.

s
Title: 1958 Corvette for sale
Post by: 58vette on March 08, 2012, 05:03:24 PM
I have not long finished a resto of a 58 vette , happy to discuss with you my experience
Title: 1958 Corvette for sale
Post by: ncheadle on March 09, 2012, 07:51:42 AM
Thanks 58Vette and Steve.

Any help / guidance would be appreciated. I would like to have a base understanding of the costs associated with just getting this to be "neat".  I have asked Matt to come back to me with details on what’s in need of urgent repair etc. Obviously have some concerns at getting this road worthy but am looking at it as a long term project.


How did your restoration go?
Title: 1958 Corvette for sale
Post by: StephenSLR on March 09, 2012, 08:12:35 AM
In the video Matt does say it's in need of a full restoration. Basically you'd have to strip it apart, more than likely take the shell off the frame, repair the corroded sections of the frame rails, etc. and piece it back together.  In the process you'd have to figure out whether some parts can be reconditioned or in need of replacement.

It would get expensive to have it done professionally.

I know there's guys who pick up short TAFE courses in welding, upholstery, panel beating, etc. and love this type of project. They learn and restore as they go.

Little things like the boot spears (unique to 58's) and front fender spears are missing though not crucial to get it roadworthy.

s
Title: 1958 Corvette for sale
Post by: ncheadle on March 13, 2012, 09:09:46 AM
Unfortunately Beverly Hills Car club have informed me that the car has been sold.

Thank you  Steve and 58Vette for your help with this.

I briefly spoke with Matt from shermatt who advised that there are a few more 58’s that he has come across, so I will keep you up to date of any progress.

Thanks again.
Title: 1958 Corvette for sale
Post by: StephenSLR on March 13, 2012, 09:13:23 AM
Quote from: ncheadle link=topic=9014.msg1045942197#msg1045942197
Unfortunately Beverly Hills Car club have informed me that the car has been sold.


I'm confused, Matt didn't buy this car?

I'll also keep an eye out, what price range are you looking at?

s
Title: 1958 Corvette for sale
Post by: Scott on March 13, 2012, 09:20:08 AM
Quote from: ncheadle link=topic=9014.msg1045942197#msg1045942197
Unfortunately Beverly Hills Car club have informed me that the car has been sold.


The Beverly Hills Car Club sold the car to the guy who imported it to Australia if I'm not mistaken.  I thought someone in SA imported it then decided it was too hard since LHd vehicles in SA need to be absolutely stock (right down to the original wheels and engine).

This car, being modified would be difficult to register in SA without changing it to RHD.
Title: 1958 Corvette for sale
Post by: StephenSLR on March 13, 2012, 09:31:13 AM
My understanding is that Mark from Adelaide saw the ad by Shermatt.  He contacted Matt to buy the car which I thought he did.

Mark then pulled out of the deal due to personal reasons.

I was under the impression Matt had the car.

You can register it LHD in S.A. as long as it's over 30 years old provided it's the way it came out of the factory.

To register it in S.A. Mark was looking at replacing the 350 with a 283 motor (Matt had access to one at the time).

In NSW it's not as strict you can import it as long as the mods aren't 'wild' but once registered you can do what you like.

I hear the NSW govt. has some plans in the works for engineers to inspect/approve all car modifications - stay tuned.

s
Title: 1958 Corvette for sale
Post by: StephenSLR on March 13, 2012, 01:36:11 PM
Would you consider a 1960 vette?

http://forums.corvetteforum.com/1580210385-post5.html (http://forums.corvetteforum.com/1580210385-post5.html)

s
Title: 1958 Corvette for sale
Post by: c5vette on March 13, 2012, 09:12:13 PM
That 58 is a pig.

Better to spend an extra 10-20k than rebuild this rusted wreck.

If you are after a big project and want to waste 100k then go for it.

I have a 58 in good condition and paid less than 40k US, not restored but a good driver with good paint and chassis and motor. They are out there, plenty of them.
Title: 1958 Corvette for sale
Post by: BOSCHVETTE on March 14, 2012, 07:24:23 AM
Quote from: c5vette link=topic=9014.msg1045942202#msg1045942202
That 58 is a pig.

Better to spend an extra 10-20k than rebuild this rusted wreck.

If you are after a big project and want to waste 100k then go for it.

I have a 58 in good condition and paid less than 40k US, not restored but a good driver with good paint and chassis and motor. They are out there, plenty of them.



I couldnt agree more, I would spend a little more money and get lots more value for money.
Title: 1958 Corvette for sale
Post by: StephenSLR on March 14, 2012, 11:34:22 AM
Quote from: BOSCHVETTE link=topic=9014.msg1045942203#msg1045942203

I couldnt agree more, I would spend a little more money and get lots more value for money.


I've had it with projects, it's just about always better value for money and easier on the nerves to buy after a restoration.

s
Title: 1958 Corvette for sale
Post by: bfit on March 14, 2012, 02:11:25 PM

from one who has to many project's
Yes i agree.
 find what you want in good condition
registered  ready to go.
spend your weekends driving your dream
rather that working on it
Bfit
Title: 1958 Corvette for sale
Post by: Scott on March 14, 2012, 02:43:08 PM
That's what I did with my mustang.  I'm quite happy to drive it around until the vette is ready to go. Although now I do know a whole lot about the intricacies of the vette.  And I never would have learnt about 2-part epoxy glues :grin:
Title: 1958 Corvette for sale
Post by: StephenSLR on March 14, 2012, 02:48:43 PM
Quote from: Scott link=topic=9014.msg1045942207#msg1045942207
Although now I do know a whole lot about the intricacies of the vette.


Each to their own and I agree, you learn so much working on your car, something every car owner should look into.

It's almost embarrassing when I see find someone with a classic who can't answer a few simple questions on the specs of their cars but yeah most of the fun is owning/driving them so ....

s
Title: 1958 Corvette for sale
Post by: StephenSLR on March 16, 2012, 09:22:56 AM
Quote from: c5vette link=topic=9014.msg1045942202#msg1045942202
I have a 58 in good condition and paid less than 40k US, not restored but a good driver with good paint and chassis and motor. They are out there, plenty of them.


Have you posted up pics?

Sounds like a good score, I'm not doubting you but decent ones under 40k seem to be few and far between these days.

Problem is, if they're sensibly priced they get snapped up so quickly, there's also many dealers buying them, giving them a touch up, upping the price and sitting on them till the right buyer comes along.

s
Title: 1958 Corvette for sale
Post by: c5vette on March 16, 2012, 10:58:06 PM
http://www.mershons.com/car_detail.asp?ID=7058

here is what looks like a nice driver, I am sure not much over 40k would buy it
Title: 1958 Corvette for sale
Post by: StephenSLR on March 16, 2012, 11:06:29 PM
Quote from: c5vette link=topic=9014.msg1045942235#msg1045942235
I am sure not much over 40k would buy it


It looks pretty good, it depends on how long he's been sitting on it as to how much discount he'll offer, ~ 10k discount from a dealer is a bit of a stretch though.

Yep, privately you could get it for less.

A shame the boot spears are missing.

s

Title: 1958 Corvette for sale
Post by: bfit on March 19, 2012, 01:13:05 PM
this may be a good project

http://www.ebay.com.au/itm/Chevrolet-Corvette-VETTE-/260982214880?pt=AU_Cars&hash=item3cc3c090e0
Bfit
Title: 1958 Corvette for sale
Post by: StephenSLR on April 15, 2012, 05:54:52 PM
Quote from: c5vette link=topic=9014.msg1045942202#msg1045942202
That 58 is a pig.


How about this one, lol.

http://www.vettefinders.com/index.cfm/fuseaction/corvette.cardetail/id/18371/g/1/1958_corvette_for_sale.htm (http://www.vettefinders.com/index.cfm/fuseaction/corvette.cardetail/id/18371/g/1/1958_corvette_for_sale.htm)

s
Title: 1958 Corvette for sale
Post by: c5vette on April 15, 2012, 07:52:00 PM
I can't understand this

if that's worth 32k mine is worth a million Dollars

What a pce of crap
Title: 1958 Corvette for sale
Post by: StephenSLR on April 15, 2012, 08:05:05 PM
Quote from: c5vette link=topic=9014.msg1045942494#msg1045942494

if that's worth 32k


What it's worth and what he's asking are 2 different things.

s
Title: 1958 Corvette for sale
Post by: bfit on April 16, 2012, 01:15:52 PM
Quote from: StephenSLR link=topic=9014.msg1045942495#msg1045942495
Quote from: c5vette link=topic=9014.msg1045942494#msg1045942494

if that's worth 32k


What it's worth and what he's asking are 2 different things.

s



Stephen
has a point
and it applies to every sell and buy situation

and the old adage applies
let the buyer beware
Bfit
Title: 1958 Corvette for sale
Post by: StephenSLR on April 16, 2012, 01:43:07 PM
Quote from: Bfit link=topic=9014.msg1045942500#msg1045942500

let the buyer beware


With those photos I doubt the buyer would have any argument that he didn't know it needed some work. :grin:

s
Title: 1958 Corvette for sale
Post by: c5vette on April 17, 2012, 01:25:13 AM
The ads missing

Great Driver Quality Vehicle
Light Restoration and it will be on pebble beach
Title: Re: 1958 Corvette for sale
Post by: craig/g on October 16, 2012, 06:28:30 PM
just thought I would let know, its just appeared on ebay - same car in the states
Title: Re: 1958 Corvette for sale
Post by: StephenSLR on October 16, 2012, 06:47:07 PM
I was wondering what ever happened to that car.

s
Title: Re: 1958 Corvette for sale
Post by: StephenSLR on October 17, 2012, 12:34:53 PM
There's another on ebay, it looks even worse but apparently all the parts are there and the rails are good.

http://cgi.ebay.com/ebaymotors/1958-Corvette-matching-number-runs-very-complete-project-carTONS-parts-24900-/110962435251?pt=US_Cars_Trucks&hash=item19d5e064b3#ht_500wt_1182 (http://cgi.ebay.com/ebaymotors/1958-Corvette-matching-number-runs-very-complete-project-carTONS-parts-24900-/110962435251?pt=US_Cars_Trucks&hash=item19d5e064b3#ht_500wt_1182)

s