Is This 1963 Studebaker Avanti R2 a Bargain at 19500?

Is This 1963 Studebaker Avanti R2 a Bargain at $19,500?

When it comes to classic cars, few models stir the hearts of enthusiasts quite like the 1963 Studebaker Avanti R2. This innovative vehicle was not just a car; it was a symbol of American automotive ambition during a time when the industry was rapidly evolving. With a price tag of $19,500, the question arises: is this stunning piece of machinery a bargain? Join us at Torque Feed as we dive deep into the history, specifications, and market trends surrounding the Avanti R2 to help you decide if this classic is worth your hard-earned cash.

A Brief History of the Studebaker Avanti

The Studebaker Avanti emerged from a tumultuous time in automotive history. Launched in June 1962, just as Studebaker was facing financial difficulties, the Avanti was meant to showcase the brand’s engineering prowess and design creativity. Intended as a high-performance luxury coupe, it was a bold departure from the traditional offerings of the company.

Under the guidance of chief designer Raymond Loewy, the Avanti was not only a head-turner but also a feat of engineering. Its fiberglass body and sleek lines made it an instant classic, and its performance specs were impressive for the time. The R2 variant of the Avanti, which we’re focusing on today, was especially noteworthy due to its supercharged engine and enhanced performance capabilities.

Specifications of the 1963 Studebaker Avanti R2

Before we delve into whether it’s a bargain, let’s take a closer look at what the Avanti R2 brings to the table:

Engine: The R2 version comes equipped with a 289 cubic inch V8 engine, featuring a Paxton supercharger that pushes its horsepower to an impressive 240 hp.
Transmission: It typically features a 3-speed automatic transmission, providing a smooth driving experience.
Design: The Avanti’s design is characterized by its unique front-end styling, long hood, and fastback silhouette, which were revolutionary for the era.
Weight: Weighing around 3,000 lbs, the Avanti R2 is relatively lightweight for a car of its size, contributing to its performance.
Production Numbers: Only about 4,600 units of the Avanti were produced in its first year, making this model a rare find today.

The Market for Classic Cars

The classic car market has seen significant fluctuations over the years, influenced by various factors such as rarity, condition, and historical significance. When considering the price of $19,500 for this 1963 Studebaker Avanti R2, it’s essential to look at its position in the broader market.

Comparative Pricing

Many classic cars from the early 1960s have become investment pieces, with prices soaring into the six-figure range. However, the Avanti has often been overlooked, primarily due to its lesser-known brand name and limited production numbers. To provide some context, let’s compare the Avanti R2 with a few other classic cars from the same era:

Chevrolet Corvette (C2): Prices for well-maintained models can easily exceed $50,000.
Ford Mustang (1965): A popular classic that can range from $30,000 to $100,000 depending on condition and specifications.
Plymouth Barracuda (1964): Prices vary widely, but a good example can often be found in the $20,000 to $40,000 range.

The Avanti R2 stands out in this lineup as an affordable option for those looking to own a piece of automotive history without breaking the bank. The $19,500 price tag makes it an enticing proposition, especially when considering the performance and design aspects.

Condition and Restoration

One of the most critical factors when assessing the value of any classic car is its condition. The 1963 Studebaker Avanti R2 should ideally be in good to excellent shape, but what does that entail? Here are some key elements to evaluate:

Bodywork: Check for any signs of rust, dents, or previous bodywork. A pristine fiberglass body is vital for the vehicle’s aesthetics and performance.
Engine Condition: Ensure that the engine runs smoothly and has been well-maintained. Look for any leaks or unusual noises during a test drive.
Interior: The Avanti R2’s interior should reflect the luxury aspect of the model. Look for original materials and functioning components.
Documentation: Having service records and ownership history can significantly add to the car’s value.

Consider the cost of restoration if the car is not in optimal condition. While some enthusiasts enjoy the restoration process, it can add up quickly, potentially exceeding the initial purchase price.

Community and Enthusiast Support

One of the advantages of owning a classic car, especially a unique model like the Avanti R2, is joining a community of fellow enthusiasts. The Studebaker community is known for being welcoming and supportive. Events, forums, and clubs dedicated to Studebaker vehicles can provide valuable resources and camaraderie.

Clubs and Organizations

Numerous clubs and organizations focus on Studebaker vehicles, including:

Studebaker Drivers Club: A large organization with resources for owners, including newsletters, events, and technical support.
Studebaker National Museum: A treasure trove of history and information about Studebaker vehicles, including the Avanti.
Local Car Clubs: Many regions have their local car clubs that provide opportunities for meet-ups and events.

Being part of these communities can enhance your ownership experience and potentially preserve the car’s value over time.

Investment Potential

While the automotive market is notoriously unpredictable, the Avanti R2 represents a unique investment opportunity. As interest in classic cars continues to grow, models that were once overlooked are gaining traction. Here’s why the Avanti R2 could be a smart investment:

Rarity: With only a limited number produced, the Avanti R2 is becoming increasingly rare, making it more desirable to collectors.
Affordability: Compared to other classic cars from the same era, the Avanti R2 is still accessible at a relatively low price point.
Historical Importance: As one of Studebaker’s last hurrahs, the Avanti represents a significant chapter in automotive history that may only grow in interest over time.

Conclusion: Is It a Bargain?

So, is the 1963 Studebaker Avanti R2 priced at $19,500 a bargain? After considering its historical significance, unique design, specifications, market comparisons, and the potential for appreciation, it appears to be an excellent opportunity for car enthusiasts and collectors alike.

Whether you’re looking for a classic to show off at car meets, a project to restore, or an investment that could appreciate over time, the Avanti R2 checks many boxes. For those who appreciate the beauty of classic American cars, this could very well be the right time to take the plunge.

As you weigh the decision, remember that owning a piece of history like the Avanti R2 is about more than just the numbers. It’s about the passion, the stories, and the community that comes with it. Happy driving from all of us at Torque Feed!