Corvette Performance - found a corvette.. is this a good deal?
05-21-2012, 12:02 AM
yeah im pretty sure its a good deal! im not sure if its a stick or automatic... but what Im more interested in is, IS THIS FLIPPABLE?
I really want a c6, and im just saving up little by little to get one so I wont have to finance. So if i can flip this thing and sell it for 12,000... does that sound do-able?
assuming the car is clean and zero problems/clean title.
its in my town
05-21-2012, 12:13 AM
what could I realistically sell this car for? what would a quick sale price be and whats the most i could probably get for it?
05-21-2012, 08:43 AM
To give you an idea I paid 12,600 for mine 2 years ago with 92K, and rims/exhaust
05-21-2012, 09:26 AM
Over 100K on a Vette is like a reselling death sentence. Over 50K and the value drops.
05-21-2012, 10:04 AM
Flipping for 2k profit sounds like a waste of time to me for what it sounds like car with certain age and certain miles will have some issues.
05-21-2012, 01:18 PM
Well I figure 2 grand is 2 grand.. aka FREE MONEY. I probably don't make a fraction of what most of the Corvette owners on this forum make.. so if I can flip it and make 20%, I will. I was just wanting to know yalls opinion if its worth 12 or not
05-21-2012, 04:37 PM
hell of a deal if it's clean and been kept up i'd buy it.
05-21-2012, 06:21 PM
get the car checked out and make your decision.
In my area close to 100k fbodies are being sold for $8-10k, so a c5 with same miles can probably can easily be sold for $12k-$14k.
05-21-2012, 07:33 PM
It needs tires.. the run flats sound like mud tires! I mean they ROAR. Needs a few other small things. I'm trying to decide
05-23-2012, 12:24 PM
looks like a great deal.... if you were going to buy it to drive. But you've got taxes and tires run 800+ so making 2k gets a little hard. But verts bring a premium, especially if its a 6 speed, you wouldn't be stuck with it. There's just too many variables to try to come out ahead.
When I bought my '98 coupe two years ago with 120k miles, I put about $2K in it in the first month replacing regular wear-out items and just small things to get it back in good condition. Since then, I wont even begin to add up the money I've spent on mods.
If i were to buy a 100k mile C5 to flip, I wouldn't be willing to give much more than 8k.
also get a Carfax on the VIN, if a wreck shows up walk away, you wont be able to give it away.
05-24-2012, 09:30 AM
If you have to replace those tires expect to drop about $1500 on a new set. There goes your profit margin right there.
vBulletin® v3.7.4, Copyright ©2000-2013, Jelsoft Enterprises Ltd.
Search Engine Optimization by vBSEO