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Good price for a 1998 C5 M6?

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Old Aug 8, 2005 | 05:14 PM
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Default Good price for a 1998 C5 M6?

Its a 1998 c5 m6, he says its magnetic red.. looks like fire torch red to me but anyways, 38k mi, very clean car. The guys asking 22900 obo. Should I jump on this or are there better deals to be had?


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Old Aug 8, 2005 | 05:28 PM
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I like it, sounds like a decent buy to me.
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Old Aug 8, 2005 | 05:45 PM
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Originally Posted by Ell Ess Won
I like it, sounds like a decent buy to me.
Yeah, Im just wondering if almost 23k isnt a little much for a 98.
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Old Aug 9, 2005 | 07:27 PM
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Magnetic Red didn't come out until 1999, in 1998 there were two reds, one was torch red, which is the bright red, the other is Carmine Red, which is an orangy red, and that is the color of this one here. It's a relatively rare color. The price is too high though. You could find 2000s and even 2001s for that price.
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Old Aug 9, 2005 | 09:39 PM
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Originally Posted by Patman
Magnetic Red didn't come out until 1999, in 1998 there were two reds, one was torch red, which is the bright red, the other is Carmine Red, which is an orangy red, and that is the color of this one here. It's a relatively rare color. The price is too high though. You could find 2000s and even 2001s for that price.
Yeah I read your post in a previous thread about the carmine red. I think I can talk him down to at least 21k even. Well see though, car is extremely clean. Hes driven it 1000 miles in the last 3 months so Ill just have to look at it.
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Old Aug 10, 2005 | 08:30 AM
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The "red orangey" color was Torch Red..Light Carmine Red Metallic (1567 built) was similar to the Magnetic Red Metallic that came out in 1999..only not as dark..$23K is high for a 1998 model. Negociate him down to a more reasonable price. Average Black Book on the car back in April was $14950 and in May it fell out of the book because of its age. That is a wholesale number of course. A real retail number for the car is about $19K-$20k...$21 tops.


FYI...The rare colors in 98 were.... Navy Blue Metallic 14
Aztec Gold 15
Fairway Green 223
Medium Purple Pearl Metallic 381

Last edited by slt200mph; Aug 10, 2005 at 08:37 AM.
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Old Aug 10, 2005 | 07:12 PM
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Here is a picture which shows a Carmine Red C5 near a Torch Red C5. As you can see, the Torch Red one (in the background) is a much brighter red, while the Carmine Red one is the darker red.

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Old Aug 10, 2005 | 07:35 PM
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KBB is 18,430 for my zip code and NADA average retail is 23,425. Play w/ him on the price, it is an OBO deal so see what he'll take.
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Old Aug 10, 2005 | 09:03 PM
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Originally Posted by Ling_650vette
KBB is 18,430 for my zip code and NADA average retail is 23,425. Play w/ him on the price, it is an OBO deal so see what he'll take.
Same for me. The most Im going to offer is 21k and if he doesnt take it then he really doesnt need to sell the car then. I think 21000 for a 7 yr old car is plenty. Granted its a rare color with low miles and its clean, but 5k over kbb is nuts.
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Old Aug 11, 2005 | 08:30 AM
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$21K is really ALL the money for that car..I would try and buy it for less..it is an old car..plus all 97-99 Corvettes have those ugly wide spoke wheels on them..to me that means you have to figure the cost of putting a set of good looking wheels on it into the purchase price....good luck in your quest sir
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Old Aug 14, 2005 | 01:43 PM
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Originally Posted by slt200mph
$21K is really ALL the money for that car..I would try and buy it for less..it is an old car..plus all 97-99 Corvettes have those ugly wide spoke wheels on them..to me that means you have to figure the cost of putting a set of good looking wheels on it into the purchase price....good luck in your quest sir
.......Plus those wheel sensors that run 80-100 bucks a pop are due to be replaced.


Does the car have HUD, dual zone A/C, memory package, 12 disc CD player?

If not, I'd be hard pressed to give $20k for the car unless it had new rubber on it. and even then................

there are better deals out there, trust me.

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Old Aug 14, 2005 | 02:54 PM
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Originally Posted by Patman
Magnetic Red didn't come out until 1999, in 1998 there were two reds, one was torch red, which is the bright red, the other is Carmine Red, which is an orangy red, and that is the color of this one here. It's a relatively rare color. The price is too high though. You could find 2000s and even 2001s for that price.
^^^ even with its low miles that seems high. Its Kelly Blue Book should be around $17,880. Since it appears that he has an aftermarket exhaust and the color is rare I guess it should be around 18.5K give or take.
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Old Aug 15, 2005 | 07:56 AM
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Originally Posted by SixPak
.......Plus those wheel sensors that run 80-100 bucks a pop are due to be replaced.


Does the car have HUD, dual zone A/C, memory package, 12 disc CD player?

If not, I'd be hard pressed to give $20k for the car unless it had new rubber on it. and even then................

there are better deals out there, trust me.


The Head Up Display RPO code UV6 was not available as an option untill the 1999 model year..either beat this guy down on his price or keep looking there are lots of other deals out there..don't get locked into just this car thinking you will not find another nice one..
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Old Aug 15, 2005 | 10:56 AM
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I got a '99 with similar milage for 21k. I think I paid a bit much, but only by 1k. Not the end of the world. Are those seats refinished? Is it a m6 or a4?
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