Wondering what the Fair Market Value was on a 1987 Corvette coupe w/125000 miles.
Asked by Kat May 25, 2010 at 03:12 AM about the 1987 Chevrolet Corvette Coupe RWD
Question type: Shopping & Pricing
Car was a total loss due fire under hood. Wanted to get a Fair Market Value estimate for insurance purposes. 1987 Blue Corvette coupe - 125,000 miles, regular oil changes and maintenance, excellent body & paint, transmission and suspension package, 5.7 - 350 engine, original Corvette rims.
3 Answers
go to NADA.com or kkb.com (kelly blue book) both will give a really good estimatation
Is that pic before the fire or after the fire?? Whatever... engine fire equals pile of junk. What you have is a parts car. It might be worth about 3K if everything else is good. Worst looking Vette ever made JMO. I saw a 95 sell last week for 3500 needed engine and trans looked good no fires. So there ya go..... 87 worth a lot less....
If you were going to buy a 1987 Corvette that had been in a fire under the hood, what would you pay for it? Maintenance records don't mean squat as most everything needs to be pulled and rebuilt due to the fire. High mileage also shows most parts are tired and in need of replacement if you rebuild it. $2500? If that.
