Extra premium
I just want a personal and professional opinions. Low miles or not the car is almost 10 years old and for 10k more can have a C6...Thanks!
Get real, it doesn't matter if the car is 20 years old! If it's mint and has less than 10k miles that owner can ask up to $24 easy (and he WILL get it)
I've probably sold close to 100 C5's alone in the last year and a half. He will not dump that car for less than low 20's unless he's in financial trouble and has zero time.
$16~$18k
Hell, dealers would pay $18 easy for it at auction! And then add their transport/advertising/refresh/misc repair/(profit) -They'd sell that same car for $24,900 and maybe take $23.5k plus on top of that you'd pay sales tax, tag,title,etc. Last edited by ~JOSHUA; Sep 28, 2008 at 08:25 PM.
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If you think he's going to get over "excellent" KBB value in this economy, you're dreaming. I have a low mileage C6, but that sure hasn't stopped its value from tanking.
Nothing is worth more than someone is willing to pay. Sure, he may find someone who would pay ~$24K, but good luck with that.
A 98 C5 10k miles , yea I can see 20k for that...
My uncle sold an 04 with 3500 miles for 40k about 6 months ago... that was over priced but someone paid it
If you think he's going to get over "excellent" KBB value in this economy, you're dreaming. I have a low mileage C6, but that sure hasn't stopped its value from tanking.
Nothing is worth more than someone is willing to pay. Sure, he may find someone who would pay ~$24K, but good luck with that.
Here's your low mileage 1999 C5:
1999 C5 Coupe 9500 Miles (NADA)
And the ZR1 mentioned above:
1991 Corvette ZR1 31000 miles (NADA)
That ZR1 is worth a bit more than ~$13K. NADA has it from $18-25K.
And where do you see ~$13K on KBB, FastBird93? It's also in the $22-25K range (excellent condition - private party):
1991 ZR1 31000 miles (KBB)
Retail is what you'd pay a dealer, not a private party. And this isn't rare like a ZR1 or a collector's edition Z06, so the liklihood of someone paying a premium for it is slim.
But there's a sucker born every minute. How else did Bill Heard Enterprises get away with tens of thousands of dollars in "market adjustment" for their Vettes?
Incidentally, my C6 is currently valued at ~$42K with the options and mileage (paid ~$53K, stickered at ~$58K). I'd be extremely lucky to get $36-38K for it. Carmax offered $31K.
Last edited by CySevans; Sep 30, 2008 at 11:56 PM.
I'll have the KBB print out available when I go to inspect and drive her.
Last edited by sslateron; Oct 1, 2008 at 12:23 AM.







