What is it Worth? - This 2000 Z28 M6 126k Miles
07-20-2012, 07:19 PM
Note: I am in California where everything is a bit more expensive =/
How much do you think it's worth?
2000 Z28 Camaro T-Top - Black with Black Leather interior
6 Speed Manual Tranny
Lowered on Bilstien shocks / Eibach springs
SLP Exhaust with some aftermarket header
Clutch replaced probably 30k miles ago
Wires/Plugs/Filters/Belts replaced 20k ago
Everything works - Lights, windows, A/C, Cruise Control, ETC ETC
Paint is good but has small amount of clear coat peeling on top of roof and a quarter size chip of paint on hood.
All differential bearings replaced.
Both rear wheel bearings replaced.
How much would you sell it for and how much would you buy it for?
07-21-2012, 09:02 AM
If no issues (title, Carfax, etc..) I would start with and ask $7,500 and settle for less. If buying, $5,500 - $6,500 maybe, depending on many factors. You say that CA is more expensive so what does www.kbb.com say in your zip code out there? Buyers and sellers will look at those prices and be in that 'ballpark', especially with a 100,000+ miles car.
07-21-2012, 10:25 PM
The KBB private party price for "Very good" is ~$6000. Good is ~$5800 but I'm not really a believer of KBB.
I am actually looking to buy this car and I saw it today. It has small amount of oil seepage and steering pump seepage. I offered $5,800 and he said no, so I passed it up. He wants $6,000 but I feel like if I'm patient, I can find a better deal in the future.
I think $6,000 is fair, but I also feel like I'm paying top $ for it. He bought it for $6k in 3/2011 with 100k miles.
07-22-2012, 09:13 AM
Well that is certainly the correct price range. Are you really quibbling about $200??
KBB is a 'useful tool' in pricing any car, not the bible of pricing. They don't even consider how many owners a car has or who owned it. Think about this example; If you put two exact 75,000 miles Z28s together, completely equal in every regard, they would be priced the same by KBB but which Z28 would you want?
1) a car that had 4 owners, no maintenance history, and was last driven by a younger person.
2) a one-owner car with full maintenance records driven by a middle aged person.
KBB has these completely equal 'good condition' cars listed at the same price.
I think most buyers would take car #2. It eliminates many questions about how the car might have been used. I certainly would take car #2 and pay at the top of the price range for this car. So many factors go into pricing that no price guide can accurately evaluate a price for every car. The guide does provide a very helpful tool to give people an idea, especially with cars that have big mileage. There isn't much room left with pricing differences.
07-22-2012, 01:30 PM
You're right. $200 isn't much but it goes both ways lol. I think imma pick it up anyways.
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