Copyright Protected - 2005

VEHICLE AGE 46 Years Old VIN # 1D67J2B542676

1972 Chevrolet Chevelle Malibu 2dr Convertible

AS OF - January 07th, 2018 Vehicle Condition (at the time of evaluation) DRIVETRAIN Engine - EXCELLENT (New - Modified)

Dressing - EXCELLENT (New - Modified)

Eng Bay - VERY GOOD (Original - Restored)

Exhaust - VERY GOOD (New - Modified)

Cooling - VERY GOOD (Original - Restored) Trans - EXCELLENT (New - Aftermarket) Axle - VERY GOOD (Original - Restored) INTERIOR Seats - EXCELLENT (Original - Restored)

Dash - EXCELLENT (Original - Restored)

Gauges - VERY GOOD (Original - Non Restored)

Strg Wheel - VERY GOOD (Original - Non Restored)

Carpet - EXCELLENT (New - Stock Factory)

Panels - EXCELLENT (New - Stock Factory)

Headliner - EXCELLENT (New - Stock Factory)

Stereo - VERY GOOD (New - Modified) EXTERIOR

Body - EXCELLENT (Original - Fully Restored) Paint - EXCELLENT (Aftermarket - Fully Restored)

Roof/Top - EXCELLENT (New - Stock Factory)

Chrome - EXCELLENT (Original & New - Restored) Trunk - VERY GOOD (Original - Non Restored)

Wheels - EXCELLENT (Custom Wheels & New Tires) Glass - EXCELLENT (Original - Partly Restored)

Lights - EXCELLENT (Original - Non Restored) UNDERCARRIAGE

Fuel Sys - VERY GOOD (Original - Restored)

Brakes - VERY GOOD (New - Stock Factory)

Suspension - VERY GOOD (New - Stock Factory)

Frame - VERY GOOD (Original - Fully Restored) SUPERB - EXCELLENT - VERY GOOD - GOOD - FAIR

NORTH AMERICA POPULATION 1972 Canada - 22,218,475 USA - 209,896,021

Vehicle Information (at the time of appraisal) ENGINE - 350cid / GM Chevrolet V8 (#’s Matching - NO) TRANS - 3 Speed Automatic / GM TH350 (Original - NO) REAR AXLE - GM 12 Bolt - 3:08 Gears (Original - YES)

16,572 Miles (Odometer Reading) COLOR - Series Match Cortez Silver Metallic ROOF - Series Match Black Convertible Top TRIM - Series Match Black Vinyl - Bucket Seats CLASS - Classic Muscle Mostly Restored - Stock

Owner Information OWNER - Alberta Diabetes Foundation ADDRESS - 8602 - 112th Street (University of Alberta) CITY - Edmonton, AB. OWNERSHIP - Not Stated - (1st - 2nd - 3rd - 4th - etc;) OWNED SINCE - Note Stated

1972

Factory & Production Information Original MSRP - $3,187.00 USD Curb Weight - 3,379 lbs Total Production - 578,052 - All Chevelle Models Model Production - 4,853 - All Chevelle Convertible Documentation - Last Appraisal $44,100.00 October 10th, 2008 - by Wheels Classic Auto Appraisals

TELEPHONE 780-934-7373 EMAIL wheelsappraisal@shaw.ca WEBSITE www.wheelsappraisal.com

MATTHEW GERGELY

Recognized by

LEGENDS INSURANCE

Collector Vehicle

Insurance Program

Member of S.V.A.I.

Alberta Specialty

Vehicle Appraisal

Institute

Recognized by

COMPETITION

INSURANCE

Collector/Race Insurance

1972 Chevrolet Chevelle Malibu 2dr Convertible 350cid (L48) V8 - 3 Speed Automatic Transmission

Classic Vehicle “Today’s Retail Pricing” Low - $17,700.00 USD Average - $29,400.00 USD High - $45,800.00 USD

NEW - (2018) GM 350cid V8 (Donor Rebuilt) - GM Cast Heads - Edelbrock Aluminum Intake w/ Edelbrock 650cfm Carburetor - Edelbrock Black Valve Covers & Air Cleaner Stock GM Pulley System

NEW - (2008) GM TH350 (3) Speed Automatic Transmission - Pontiac Stall Convertor & Shift Kit

Original & NEW - Original 4 Core Radiator Re-Cored in (2008) - Stock GM Fan - NEW Black Rubber Hoses - GM Cast Water Pump

Original & NEW - (2008) New GM HEI Distributor - Black Wires - GM Alternator Original Wiring Harness Refurbished (2008)

NEW - (2008) - (front) New GM Front Disc Brakes w/ Rotors & Calipers - (rear) New GM Rear Drum Brakes w/ Shoes & Drums Original Master Cylinder, Booster & Metal Lines Refurbished (2008)

NEW - (2008) GM Steering Box & Steering Components

Original & NEW - (2008) - (front) Original Upper & Lower “A” Arm Suspension Restored w/ New Coil Springs, Shocks, Ball Joints & Tie Rod Ends - (rear) Original Trailing Arm Suspen-sion w/ New Shocks & Bushings

Original & NEW - (2008) Original Fuel Tank (Dropped & Cleaned) - GM Mechanical Fuel Pump VERY GOOD (Original - Non Restored)

Original & New - (2008) Original Frame - Frame Off Restoration - New GM Engine & Transmission Mounts - New Body Mounts & Bushings - Sandblasted & Painted

Engine

Transmission

Cooling

Electrical

Brakes

Steering

Suspension

Fuel System

Frame

Rear Axle

NEW - (2008) Hedman Coated Full Headers - Flowmaster Mufflers - Custom 3.0” Exhaust Pipe w/ SS Chrome Exhaust Tips

Exhaust

Original - (2008) GM 12 Bolt Rear Axle with 3:08 Non Posi Gears - Serviced & Painted

Original & NEW - Original Front Bucket & Rear Beach Seat - (2008) Black Vinyl Seat Covers & Seat Foam - Stock Carpet, Headliner, Door & Rear Panels, Package Tray, Visors, Arm Rests, Seat Belts & Chrome Inner Door Handles & Window Crank Handles

Original - Original Factory Dash & Dash Pad (Non-Restored) - (2008) New Pioneer AM/FM/CD Deck w/ Rear Speakers & 200watt AMP

Interior

Dash

Roof

Rims/Tires

Paint

Body

Trunk

Glass

Lighting

NEW - (2008) Series Match “Black” Convertible Top

NEW - (2018) Billet Specialties Wheels & High Performance Tires (ON ORDER)

NEW - (2018) Series Match “Cortez Silver Metallic” w/ Black Painted SS Stripes - Wet Sanded & Power Polished - 3 Coats of Paint + 3 Coats of Clear

Original & NEW - Original Body, Doors, Rocker Panels & Inner Front Fenders - (2008) All Restored & Repaired - (2008) New Steel Cowl Hood, Front Fenders, Inner Rear Wheel Tubs, Rear Quarter Panels & Trunk Lid w/ All Body Weather Stripping

Original - Original Factory Trunk Pan (Non-Restored)

Original & NEW - Original Side, Quarter & Rear Glass - (2008) New Window Felts & Sweepers - Front Windshield & Window Rubber Seals

Original - Original Factory Head Lights, Signal Lights & Rear Tail Lights (Non-Restored)

Original - Original Factory Gauges & Speedometer (Non-Restored) Gauges

Original - Original Factory Steering Wheel & Steering Column (Non-Restored) Column

Original & NEW - (2008) Original Front & Rear Chrome Bumpers Re-Chromed - New Front Grill, Chrome Mirrors & Wheel Well Trim

Chrome

NEW as of 2008 by Private Body Shop

NEW January 2018 by Private Body Shop

ST-72 - YEAR - 1972

13667 - MODEL - Chevelle Malibu 2dr Convertible

B - PLANT - Baltimore, MD. USA

323204 - SEQUENTIAL PRODUCTION NUMBER

743 - TRIM - White 53 - PAINT - Placer Gold

A - CONVERTIBLE TOP - White

ACCESSORY CODES A62 - Delete Front Seatbelts

3 - PLANT CODE - Unknown

1972 Chevrolet Chevelle Convertible

Data Tag Service

0564 - PLANT CODE - Unknown

PLANT CODES - Not options ordered were on the data tag, these varied from plant to plant & model to model.

1972 Chevrolet Chevelle Convertible

Documentation

1972 Chevelle Convertible Pro Tour 509cid V8 - Supercharged - Auto - Pro Built

Sold at Barrett Jackson - Palm Beach Auction in 2015

$85,800.00 USD

1972 Chevelle Convertible SS Clone 454cid V8 - Auto - Pro Built - LS5 SS Tribute

Sold at Barrett Jackson - Scottsdale Auction in 2016

$51,700.00 USD

1972 Chevelle Convertible SS Clone 572cid Crate V8 - Auto - Pro Built - SS Tribute Sold at Barrett Jackson - Scottsdale Auction in 2016

$49,500.00 USD

1972 Chevelle Convertible SS Clone 350cid V8 - Auto - Frame Off Resto - SS Tribute Sold at Barrett Jackson - Reno Tahoe Auction in 2015

$48,400.00 USD

In 1972 Chevrolet produced a whopping total of 2,252,892 cars that year with a total of 578,052 Chevelle models and within this lineup were only 4,853 Chevelle Malibu convertibles. This fairly rare 1972 Chevelle Malibu Convertible is in “Very Good to Excellent” condition. It received a frame off restoration in 2008 and in January 2018 the Chevelle was repainted with SS Chevelle stripes, a new rebuild 350cid V8 and to finish off the look, a brand new set of Billet Specialty Wheels.

This appraisal is based upon the state & condition of the vehicle, production numbers, recent upgrades/restoration and it’s documentation

I have ranked this 1972 Chevrolet Chevelle Convertible as a “2B”

and my Fair Market Validation is $78,200.00 CDN

Due to nature of this vehicle’s unique design, age and scarcity an exact comparison could possibly be difficult. However there are similar vehicles on the market today that somewhat match my clients vehicle to give a very close comparison.

US Dollar Exchange Rate ($1.00 USD) = $1.240245 CAD “Canadian” - January 07th, 2018

VALIDATION = to demonstrate or support the truth or value of

Matthew D Gergely

1972 Chevrolet Chevelle 2dr Convertible - Fully Restored Modified 454cid GM ZZ Crate V8 - Auto - New Paint & Interior - Custom Suspension, Wheels, Exhaust

Illinois, USA $67,500.00 USD - $83,717.00 CDN

1972 Chevrolet Chevelle 2dr Convertible - Partly Restored Stock 350cid GM V8 - #’s Match - Auto - Recent Paint & Interior - SS Clone - 68,000 Original Miles

Arizona, USA $30,000.00 USD - $37,207.00 CDN

1972 Chevrolet Chevelle 2dr Convertible - Fully Restored Stock 350cid GM V8 - #’s Match - Auto - New Paint & Interior - Recent Frame Off Restoration

North Carolina, USA $44,995.00 USD - $55,804.00 CDN

1972 Chevrolet Chevelle 2dr Convertible - Fully Restored Stock 454cid GM V8 - Non #’s - Auto - New Paint & Interior - SS Clone - 500 Miles Since Resto

Maryland, USA $39,900.00 USD - $49,486.00 CDN

1972 Chevrolet Chevelle 2dr Convertible - Party Restored Stock 350cid GM V8 - Non #’s - Auto - Recent Paint & Interior - SS Clone - Restored in 2014

South Dakota, USA $29,000.00 USD - $35,967.00 CDN

Condition 6 May or may not be running, but is weathered, wrecked and/or stripped to point of being useful primarily parts.

NO LEVELS in this Category

Condition 5 Needs complete restoration of body, chassis and interior.

May or may not be running but isn’t wrecked and or stripped.

A - High B - Medium C - Average

Condition 4 A drivable vehicle needing not, or only minor work to be functional. Also, a deteriorated restoration or a very poor

amateur restoration. A - High B - Medium C - Average

Condition 3 Completely operable original or “older restoration”

showing wear. Also a good amateur restoration, all presentable and serviceable.

A - High B - Medium C - Average

Condition 2 Well-restored, or a combination of superior restoration

and excellent original. Also, an extremely well maintained original showing minimal wear.

A - High B - Medium C - Average

Condition 1Condition 1 Restored to current maximum professional standards of

quality in every area, or perfect original with components operating and appearing as new. A 190 point plus car.

“THIS VEHICLE IS NOT DRIVEN”“THIS VEHICLE IS NOT DRIVEN”

Opinions and conclusions made in this report reflect my professional judgment based on facts and conditions available to me at the time of this report.

The intended use of this report is for valuation purposes only by the owner and his/her interested parties.

This report is to be used in its entirety only and is not intended for any other use or distribution.

Condition & Limitations

All facts and data set forth in this report are true and accurate to the best of the appraiser’s knowledge and belief.

MATTHEW GERGELY has no present or prospective interest in the said property that is the

subject of this report and the appraiser has no personal interest or bias with respect to the parties involved. The appraisers has made a personal inspection of the subjects property.

The appraiser’s compensation is not contingent upon the report of a specific pre-determined value or direction of value.

Wheels Classic Auto Appraisal is situated in Edmonton, Alberta

and is owned and operated by MATTHEW GERGELY.

Certification of Report

The intended use of this report is to determine fair market value to assist the owner in obtaining insurance coverage and / or sale of the item described herein.

“Fair Market Value”: - The price at which the property would change hands between a willing buyer and a willing seller, neither being under the compulsion to buy or compulsion to sell and both having rea-

sonable knowledge of relevant facts.

The method of valuation for determining the value estimation will be the fair market value of the item. The value has been determined by the use of comparables and by my experience in dealing with items

of this nature.

The Classic Autos, Muscle Cars, Vintage, Antique and Special Interest Vehicle market is generally very strong at this time due to the internet, a strong Canadian Dollar and genuine desire to re-live the

“Old Car Era”. In Canada, both Alberta and B.C. have one of the strongest markets for resale value and higher appraisal values on most classic vehicles.

Purpose of Report

Definition of Value

Method of Valuation

Market Conditions

HEAD OFFICE PO Box 53085 - 14035 - 105th Avenue Edmonton, Alberta. CANADA T5N0z1 780-934-7373

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780-934-7373 Sales Office Email - wheelsappraisal@gmail.com

Head Office Email - wheelsappraisal@shaw.ca

Company Website - www.wheelsappraisal.com