General LSX Automobile Discussion Non-technical LSX related topics.

another how much is my car worth thread...

Thread Tools
 
Search this Thread
 
Old 05-13-2007, 08:21 PM
  #1  
Staging Lane
Thread Starter
iTrader: (1)
 
not_my_z's Avatar
 
Join Date: Nov 2005
Location: broken arrow, ok
Posts: 85
Likes: 0
Received 0 Likes on 0 Posts
Default another how much is my car worth thread...

Hey, I'm considering selling my other car...

1999 FRC. Black.
18201 miles.
Always been garaged.
Only mods - shiny z06 wheels & front z06 screens.
18201 miles
Has HUD & active handling.
It's like brand-new.
18201 miles.

The KBB said private-party is just 19035... what do you guys think?
Old 05-13-2007, 08:35 PM
  #2  
On The Tree
iTrader: (14)
 
blertawho's Avatar
 
Join Date: Jul 2006
Location: Tulsa, OK
Posts: 191
Likes: 0
Received 0 Likes on 0 Posts

Default

Sounds way too high. I'll give you 15 cash!

J/K I am not up to date on the recent market. I stopped looking after I found my current car. But seriously, I have someone who might be interested in a FRC. Let me know what you might want to sell it for.
Old 05-14-2007, 09:59 AM
  #3  
Banned
 
Jakes Dad's Avatar
 
Join Date: May 2007
Posts: 886
Likes: 0
Received 0 Likes on 0 Posts
Default

The biggest factor with KBB is KBB isn't offering to buy the vehicle for the value they set, so it's sort of worthless. They do a good job of providing an estimate, naturally other factors apply. Black Book is also a guide, auction reports also assist in determining true value. Unfortunately dealers have access to that information not the general public. Different areas of the country also often changes the value of a car.

Would be satisfied selling the car for that price? It's your car, right?
Old 05-14-2007, 10:05 AM
  #4  
TECH Regular
iTrader: (2)
 
mikerulzu's Avatar
 
Join Date: Nov 2005
Location: San Francisco, CA
Posts: 447
Likes: 0
Received 0 Likes on 0 Posts
Default

I'm not really sure what the value of FRCs are compared to just coupes, but I was seeing 98-2000 coupes with ~50k miles plus for no less than $20k. I tend to think craigslist is a pretty good indication of what other cars are actually SELLING for, instead of just the ridiculous asking prices some guys throw out there.
Old 05-14-2007, 01:34 PM
  #5  
Staging Lane
Thread Starter
iTrader: (1)
 
not_my_z's Avatar
 
Join Date: Nov 2005
Location: broken arrow, ok
Posts: 85
Likes: 0
Received 0 Likes on 0 Posts
Default

Originally Posted by Jakes Dad

Would be satisfied selling the car for that price? It's your car, right?
no way I'd sell it for less than 20k.
Considering the low mileage, I was thinking more like 24-25k... is that reasonable?
Old 05-14-2007, 02:28 PM
  #6  
TECH Resident
iTrader: (1)
 
StealthZ06's Avatar
 
Join Date: Feb 2004
Posts: 875
Likes: 0
Received 0 Likes on 0 Posts
Default

NEVER trust KBB, dealers won't even use it (they use something else called a blackbook). I ran your car through the black book, and in extra clean condition with the low miles it's worth around $22,850. Loan value is $15,365 (how much a typical bank will loan someone to buy this car).
Old 05-15-2007, 04:58 AM
  #7  
Teching In
 
02 Pewter SS's Avatar
 
Join Date: Nov 2006
Location: Houston Tx
Posts: 40
Likes: 0
Received 0 Likes on 0 Posts
Default

I had a bank give me 20k loan for my 02 SS 6 months ago, had 24k miles on it. Dont take any less than 22k IMO. Someone will take it from you for 22k+. I bought mine off of ebay and it was in perfect condition, i wanted it bad enough to do the "buy it now" option. Someone will buy it from you for 22k.
Old 05-15-2007, 07:15 AM
  #8  
LS1Tech Administrator
iTrader: (3)
 
RPM WS6's Avatar
 
Join Date: Nov 2001
Location: Schiller Park, IL Member: #317
Posts: 32,039
Likes: 0
Received 1,489 Likes on 1,072 Posts

Default

Moving to general discussion section.....




All times are GMT -5. The time now is 03:06 AM.