1998 M6 WS6 Whats it worth/gauging interest
#1
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1998 M6 WS6 Whats it worth/gauging interest
I have a black 98 WS6 6 speed in nearly perfect condition. It has 61,000 miles and is extremely clean. The trans was just rebuilt (I broke a shift pad) and everything else is in working order. The car was dynoed on a Mustang dyno and has 335rwhp. It would also come with brand new tires and possibly wheels (I have pretty worn tires on right now but would replace before selling).
The mods are:
Koni shocks (installed when car had ~55,000 miles)
Strano springs (installed when car had ~55,000 miles)
Adjustable Panhard bar (installed when car had ~55,000 miles)
SLP Lid (installed when car had ~45,000 miles)
Hooker Headers (installed when car had ~55,000 miles)
Hooker ORY (installed when car had ~55,000 miles)
Borla adjustable cat-back (installed when car had ~50,000 miles)
Pro-5.0 shifter (installed when car had ~45,000 miles)
Steel 3-4 shift fork (installed when car had 61,000 miles)
Ram adjustable master cylinder (installed when car had 60,000 miles)
new slave cylinder (installed when car had 61,000 miles)
Custom tune (passes emmisions)
20% tinted windows (not shown in pictures but done professionally)
I also have all the original parts if anyone wants them.
The mods are:
Koni shocks (installed when car had ~55,000 miles)
Strano springs (installed when car had ~55,000 miles)
Adjustable Panhard bar (installed when car had ~55,000 miles)
SLP Lid (installed when car had ~45,000 miles)
Hooker Headers (installed when car had ~55,000 miles)
Hooker ORY (installed when car had ~55,000 miles)
Borla adjustable cat-back (installed when car had ~50,000 miles)
Pro-5.0 shifter (installed when car had ~45,000 miles)
Steel 3-4 shift fork (installed when car had 61,000 miles)
Ram adjustable master cylinder (installed when car had 60,000 miles)
new slave cylinder (installed when car had 61,000 miles)
Custom tune (passes emmisions)
20% tinted windows (not shown in pictures but done professionally)
I also have all the original parts if anyone wants them.
#2
TECH Junkie
I don't know the price of your mods but without them I would say you could get $7,000 - $8,000 in a 'private party' sale. That's what www.kbb.com indicates in my zip code. The mileage is certainly not excessive unless the car has been abused but you state the car is 'near perfect' (your words). You would have to figure out the original cost of the mods and add 25% or so to the total. Doesn't mean you would get that price but you can certainly feel comfortable asking it. Good luck if you decide to sell.
#3
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$8,000 for a good mileage WS6? Regular trans am with those miles go for that price... the WS6's usually run in the $12k+ range - I wouldn't think being a 98 would hurt the value that much
#4
TECH Junkie
I just took a look at ebay 'completed listings' and NO SALES for anything for 1998, not even a nice 20,000 miles T/A which had bids only up to $9,000. Under 'active' listings, there is a 54,000 miles WS6 sitting at $8600 with NO bids and only a few hours left. Look at this beauty where the owner can't get $11,500 OBO.
http://www.autotrader.com/fyc/vdp.js...standard=false
You really shouldn't get the OP's hopes up like that. It isn't accurate.
Last edited by NC01TA; 07-07-2011 at 06:29 PM.
#6
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Please enlighten us with all the 60,000 miles 'modded' 1998 Trans Am WS6 sales for $12,000+. You read this section. You know what is happening with sales right now. KBB sure doesn't agree with $12,000, not even close. Are you even considering the re-built tranny? Is that a good thing? Not when I'm buying or looking for someone else. No offense, Ryanater.
I just took a look at ebay 'completed listings' and NO SALES for anything for 1998, not even a nice 20,000 miles T/A which had bids only up to $9,000. Under 'active' listings, there is a 54,000 miles WS6 sitting at $8600 with NO bids and only a few hours left. Look at this beauty where the owner can't get $11,500 OBO.
http://www.autotrader.com/fyc/vdp.js...standard=false
You really shouldn't get the OP's hopes up like that. It isn't accurate.
I just took a look at ebay 'completed listings' and NO SALES for anything for 1998, not even a nice 20,000 miles T/A which had bids only up to $9,000. Under 'active' listings, there is a 54,000 miles WS6 sitting at $8600 with NO bids and only a few hours left. Look at this beauty where the owner can't get $11,500 OBO.
http://www.autotrader.com/fyc/vdp.js...standard=false
You really shouldn't get the OP's hopes up like that. It isn't accurate.
https://ls1tech.com/forums/vehicle-c...ack-black.html
http://dallas.craigslist.org/dal/ctd/2469057583.html
http://dallas.craigslist.org/dal/ctd/2480978850.html
http://dallas.craigslist.org/dal/ctd/2477310955.html
http://dallas.craigslist.org/dal/ctd/2456905735.html
http://dallas.craigslist.org/ndf/cto/2450648136.html
#7
7,000 is unrealistic for the car. I would pay about $9,000 for the car. I've been searching for one of these and when I get a few grand more saved up then I'm for sure going to get one. Go on eBay and search the completed listings and that should give you a better idea.
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#8
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https://ls1tech.com/forums/vehicle-c...-ws6-sale.html
https://ls1tech.com/forums/vehicle-c...ack-black.html
http://dallas.craigslist.org/dal/ctd/2469057583.html
http://dallas.craigslist.org/dal/ctd/2480978850.html
http://dallas.craigslist.org/dal/ctd/2477310955.html
http://dallas.craigslist.org/dal/ctd/2456905735.html
http://dallas.craigslist.org/ndf/cto/2450648136.html
https://ls1tech.com/forums/vehicle-c...ack-black.html
http://dallas.craigslist.org/dal/ctd/2469057583.html
http://dallas.craigslist.org/dal/ctd/2480978850.html
http://dallas.craigslist.org/dal/ctd/2477310955.html
http://dallas.craigslist.org/dal/ctd/2456905735.html
http://dallas.craigslist.org/ndf/cto/2450648136.html
What you ask for a car does not determine it's worth/value, what it sells for does.
NC01TA stats are much more accurate for worth/value.
Last edited by BigDaddyBry; 07-07-2011 at 11:54 PM.
#9
TECH Junkie
@ Head Hunter; Never equate asking prices with real world sales. Also, I looked at your examples. Where are the 1998 models? All these 2001-2002 examples are years newer. No way an '02 equals a '98. C'mon man. The price guides all will show the difference whether you prefer NADA or KBB. Apples and oranges.
Last edited by NC01TA; 07-08-2011 at 09:50 AM.
#10
you can ask whatever you want for a car but you have to realize that these cars are 10+ years old and arent worth what they were 3 or 4 years ago .. the value has gone down. Thats just the way it is ..
#11
TECH Junkie
You haven't added on your mods cost yet either. Like I initially posted, that's what you might get but ask more. If you have $4,000 in mods, add $1,000 to your price. Just don't expect it. It may not happen. Times are tough right now. I usually have a 75-80% success rate in selling cars for my area car club members. Right now I have 4 for sale ( a Grand National, a Trans Am, an old VW museum piece, and a show quality old Ford PK) and no luck. It has been over a month now. I have been into this scene for over 9 years now and follow it religiously. Sure I am mistaken at times. who isn't?? There has been a real adjustment since the economy tanked in March 2008. Cars are worth so much more than what you can actually sell them for in many instances. It is across the board, not just our F-bodies. My ultra low mileage T/A is worth every penny of $20,000 and I couldn't replace it for that (no way) BUT if I had to sell it I would be lucky to get $14,000, and I probably would have to wait a long time to get that. Your WS6 is worth much more than $8,000, probably worth closer to $12,000 if as nice as you claim. I think you can understand where I am coming from. If you do sell, GLWS!!
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As someone who has bought and sold several of these car in the last year, I can tell you that KBB is not very accurate with these vehicles. M6 cars are selling for considerably more than autos. A clean, 60k WS6 m6 will get more than $8k no problem with some patience.
It all depends on the car and the area. An auto Z28 might get KBB, but an m6 SS might sell for several grand more because it is a specific thing that someone is looking for; same with a clean m6 WS6. I think you can get a solid 9k for that car, maybe more.
And for those saying that unsold prices don't matter, you're kinda right and kinda wrong. Sure, that are likely not what the car will sell for, but they show what pricing you can put forward to be competitive in the market. In other words, if everyone else is asking $11k for the car, you could likely sell it for $9500 no problem because your price is appealing to a buyer who can't find a better one.
It all depends on the car and the area. An auto Z28 might get KBB, but an m6 SS might sell for several grand more because it is a specific thing that someone is looking for; same with a clean m6 WS6. I think you can get a solid 9k for that car, maybe more.
And for those saying that unsold prices don't matter, you're kinda right and kinda wrong. Sure, that are likely not what the car will sell for, but they show what pricing you can put forward to be competitive in the market. In other words, if everyone else is asking $11k for the car, you could likely sell it for $9500 no problem because your price is appealing to a buyer who can't find a better one.
#15
TECH Junkie
It is obvious a few of you are missing something here. We are talking about the OP's 1998 car, not 2001, not 2002. How can anyone think that they are equal in pricing?? You can't lump all these WS6 or F-body cars together and then think the asking prices are the same too. Very Strange!! Look at KBB pricing for the exact same 60,000 miles criteria for a 'private party' 1998 WS6 vs a 2002 WS6. The '98 is $8,735 and the 2002 is $13,050 in 'good' condition. I do agree with StreetLethal about relying too much on pricing guides. Any pricing guide is a 'tool' to use, not God's bible. Pricing guides assist in many ways, (especially ballpark figures for average cars) but every car for sale is different in some manner. Maybe it is a 1 owner with impeccable maintenance records, or maybe a 3 owner owned by three 16 year old kids with an accident showing on the Carfax. They both could be listed as 'good' but which one do you want and be willing to pay more for?? I tend to throw out lower numbers in my responses, which I have done again with the OP's car, so not to get too optimistic in these tough times, but I usually state to ask more. No harm in that. Maybe the car will sell quickly and for a higher price. Setting high numbers just leads to disapointment. I feel that this "What's It Worth' section is one of the most serious parts of LS1Tech. Just throwing out numbers and opinions without serious research or factual information could really hurt someone or get their hopes up unrealistically. Sure you can still have fun here but realize that the information given can mean thousands of dollars either way for both buyer and seller. Details are extremely important. If anyone is still reading this, just think about it.
#17
Just a thought I buy restore and sell f-bodies everyday and maybee to everyones suprise i find that unmolested cars are sold alot faster than modded cars mainly because there are alot of people young and old that make mod mistakes a ws6 and also a true ss are worth much more in a non modded condition than one that has a way to loud exhaust no egr and cheap headders DONT TAKE ME THE WRONG WAY a nice mod package with nice wheels and tires a loud exhaust not to loud put some elec. cutouts on it if you like but keep it drivable a good tune ect... done right from the start is a good thing and adds to the value BAD MODS AND POOR INSTALLS COST YOU MONEY BOTH WHEN YOU DO THEM AND WHEN YOU SELL YOUR PRIDE AND JOY Clean low milage cars are the best sellers in saying that ten years old 10,000 miles a year = 100,000 miles anything under that should be considered low miliage but this is just my thoughts
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Just a thought I buy restore and sell f-bodies everyday and maybee to everyones suprise i find that unmolested cars are sold alot faster than modded cars ...... Clean low milage cars are the best sellers in saying that ten years old 10,000 miles a year = 100,000 miles anything under that should be considered low miliage but this is just my thoughts
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Thanks again everyone for the info. As of now I'm not selling the car. It's a long story but my best friend was in a financial crunch and needed to get rid of his Z06 and told me he would give it to me for what he owes on it. I was thinking about selling my car and getting some extra cash to buy it. But he seems like he is going to be able to keep it now.
And FWIW I have kept all of the stock parts for the car just in case anyone would want them. Also, I'm the second owner of this car and it gets treated really well. It has however been to the track several times but other than that I am pretty mellow with it on the street.
Thanks again for the estimates, if things get bad again for my buddy I might just be putting it up for sale.
And FWIW I have kept all of the stock parts for the car just in case anyone would want them. Also, I'm the second owner of this car and it gets treated really well. It has however been to the track several times but other than that I am pretty mellow with it on the street.
Thanks again for the estimates, if things get bad again for my buddy I might just be putting it up for sale.