hollywoood
05-22-2012, 09:48 PM
I am having some trouble finding price info on lt1 cars. The mentality seems to be that they are not worth much. I have found a very clean 93 z28 right down the road from me. It has 44,000 miles on it. It is patriot red. The seller is the second owner. He has owned the car for 15 years. He bought it with 7000 miles on it. Always garaged and never winter driven. It has a few mods. Hooker headers, custom 2.5" exhaust from local shop. MSD optispark, B & M short throw, K & N intake, and 3.73 posi. The car also has new tires. The camaro is very clean with no rust. It has very few blemishes in the paint, but nothing like most cars its age. Book value cob this car is listed around 5k. The seller is asking 8500 obo. Is this number within range?
I am having some trouble finding price info on lt1 cars. The mentality seems to be that they are not worth much. I have found a very clean 93 z28 right down the road from me. It has 44,000 miles on it. It is patriot red. The seller is the second owner. He has owned the car for 15 years. He bought it with 7000 miles on it. Always garaged and never winter driven. It has a few mods. Hooker headers, custom 2.5" exhaust from local shop. MSD optispark, B & M short throw, K & N intake, and 3.73 posi. The car also has new tires. The camaro is very clean with no rust. It has very few blemishes in the paint, but nothing like most cars its age. Book value cob this car is listed around 5k. The seller is asking 8500 obo. Is this number within range?
I wouldnt give no more then $5500 in this market
NC01TA
05-23-2012, 08:06 AM
There are always premiums involved for one or two owner cars, with very low miles, that the price guides just can't factor in properly. Let's get that in the open right off the bat.
If the car really doesn't need anything and has been maintained to a high level, I would go as high as $7,000 but that would be absolutely top $$. The only reason I would even consider that is for the savings on future repairs. Any time you buy a car this old it will definitely need things just due to age, even with the low miles. If many things have been replaced and repaired already then that works highly in your favor. It is money you don't have to lay out so therefore you can lay out a bit more to buy it. Let's say you bought the car for $5,000 and had to lay out $2,000 for repairs, etc.. within the first year, you would be at the same price point. As it is, within one year I can almost be certain that you will still need $1,000 for something or another. Do your homework on this one. It could be a gem or a 'money pit'. If you can get a clean low mileage car (with documented maintenance) for this money, and get 3 or 4 years use out of it, then that is a very fair return, even if the car fell apart afterwards. It probably will still be worth a few grand when you get tired of it. The important thing here is for you to really like the car. If you do, bring 70 $100 bills cash. If he lets you walk, oh well, he's stubborn and he can sit on the car awhile. Leave him your phone number and wait a few days for the call. Good luck!!