What is it Worth? Use this forum to get feedback on vehicle prices - for selling or buying

98 Trans Am WS6 M6

Thread Tools
 
Search this Thread
 
Old Mar 28, 2012 | 02:45 PM
  #1  
Streetlegal?'s Avatar
Thread Starter
TECH Enthusiast
iTrader: (25)
 
Joined: Nov 2011
Posts: 547
Likes: 0
From: Milwaukee, WI
Default 98 Trans Am WS6 M6

So I just wanted to get an opinion on what you guys think this is worth. The guy is asking $11.5k and said he won't go any lower than $10k.

I have a very nice real WS6, Like new inside and out with lots of mods. It has the monsoon stereo system, t-tops, brand new torque thrust II's with with 10.5 Cheater slick Nitto tires on rear and Nitto 555 on the front. It has 3" exhaust with SLP "x" pipe with turn downs it has pillar gauges. It has a SLP lid and smooth bellow, BBK intake and BBK throttlebody, SLP ported oil pump, SLP shifter, Rollmaster double roller chain, Patriot Dual Gold springs .650 lift, Hooker Super Comp long tube headers, Comp cam 228/232 .588/595 112+2, Comp hardened pushrods, UMI pan hard bar and LCA's, Monster Stage 3 clutch with 5k miles on it. IT IS FAST! Always garage kept and stored.





Tires are new in front and 90% in rear. 275/40R17 in front and 315/35R17
No cracks in dash or door panels or seats. Headliner is good. Passenger window is a tad slow and headlights are fine.
Reply
Old Mar 28, 2012 | 03:21 PM
  #2  
NC01TA's Avatar
TECH Junkie
Photogenic
Photoriffic
Shutterbug
Liked
 
Joined: Aug 2006
Posts: 3,917
Likes: 676
From: Western North Carolina
Default

Mileage is still important even with a heavily modded car. Need that info and if the title is clean. Any negative Carfax history?
Reply
Old Mar 28, 2012 | 04:45 PM
  #3  
Streetlegal?'s Avatar
Thread Starter
TECH Enthusiast
iTrader: (25)
 
Joined: Nov 2011
Posts: 547
Likes: 0
From: Milwaukee, WI
Default

[QUOTE=NC01TA;16133662]Mileage is still important even with a heavily modded car. Need that info and if the title is clean. Any negative Carfax history?[/QUOTE
Didn't realize I missed the mileage. It has 108k on it and no the history is clean.
Reply
Old Mar 28, 2012 | 06:07 PM
  #4  
NC01TA's Avatar
TECH Junkie
Photogenic
Photoriffic
Shutterbug
Liked
 
Joined: Aug 2006
Posts: 3,917
Likes: 676
From: Western North Carolina
Default

That $10,000 is too high. A 1998 with over 100,000 miles should not fetch more than $8,000 no matter how modded. Mods are just not adding much $$ to prices in this economy. You can read the endless examples of sellers here on LS1Tech unable to sell their modded cars for much more than a typical mostly stock example. There are always exceptions but right now it is rare. The reason why $10,000 is too much for a 6 figure mileage car is due to the high risk for the buyer. Every used car needs things. Very few exceptions. A 14 year old 100,000 miles car wil need many things, no doubt about it. If not now, then within 6 months to one year. It is unavoidable 9 out of 10 times. Buying this car at $10,000 equates to $12,000 at least in March 2013, just one year away. We aren't even talking taxes, title, etc... Now try to sell this car in a pinch if necessary. Even higher mileage and offers not exceeding $8,000. An immediate $4,000 hit at the very least. Ouch!! Buy it at the right price and reduce the risk or potential hit. It diminishes each year the car is owned but who knows if you can keep the car for 3 or 4 years. Quite the gamble.
Reply
Old Mar 28, 2012 | 07:36 PM
  #5  
Streetlegal?'s Avatar
Thread Starter
TECH Enthusiast
iTrader: (25)
 
Joined: Nov 2011
Posts: 547
Likes: 0
From: Milwaukee, WI
Default

Originally Posted by NC01TA
That $10,000 is too high. A 1998 with over 100,000 miles should not fetch more than $8,000 no matter how modded. Mods are just not adding much $$ to prices in this economy. You can read the endless examples of sellers here on LS1Tech unable to sell their modded cars for much more than a typical mostly stock example. There are always exceptions but right now it is rare. The reason why $10,000 is too much for a 6 figure mileage car is due to the high risk for the buyer. Every used car needs things. Very few exceptions. A 14 year old 100,000 miles car wil need many things, no doubt about it. If not now, then within 6 months to one year. It is unavoidable 9 out of 10 times. Buying this car at $10,000 equates to $12,000 at least in March 2013, just one year away. We aren't even talking taxes, title, etc... Now try to sell this car in a pinch if necessary. Even higher mileage and offers not exceeding $8,000. An immediate $4,000 hit at the very least. Ouch!! Buy it at the right price and reduce the risk or potential hit. It diminishes each year the car is owned but who knows if you can keep the car for 3 or 4 years. Quite the gamble.
Ok that is along the same lines of what I thought. KBB has it at $6746 for very good condition so I offered him $8000 to start and he refused to go below $10k. So we'll see. Haven't had the best luck with finding a car lately lol. Thanks for the insight though I appreciate it.
Reply
Old Mar 28, 2012 | 07:48 PM
  #6  
AlamoTA's Avatar
On The Tree
iTrader: (10)
 
Joined: Apr 2011
Posts: 111
Likes: 0
From: San Antonio
Default

I think you did good at offering $8k. I agree that it wont sell at $10k. If you got time to wait and he needs to sell, you can do him a favor in a little while and give him $8.5k. Good luck!
Reply
Old Mar 29, 2012 | 02:16 PM
  #7  
Tuffguy610's Avatar
TECH Regular
iTrader: (2)
 
Joined: Jul 2005
Posts: 438
Likes: 0
From: Broomall, PA
Default

Just wait it out man, you got the right idea
Reply
Old Mar 30, 2012 | 11:27 AM
  #8  
Streetlegal?'s Avatar
Thread Starter
TECH Enthusiast
iTrader: (25)
 
Joined: Nov 2011
Posts: 547
Likes: 0
From: Milwaukee, WI
Default

thanks for your help guys
Reply
LS1 Tech Stories

The Best V8 Stories One Small Block at Time

story-0

Topdon ONE vs. Artidiag 800 BT2: Which is the Diagnostic Tablet For You?

 Pouria Savadkouei
story-1

Gas Monkey Built a 6-Wheel Ferrari Testarossa With a Corvette LT4 Engine

 Verdad Gallardo
story-2

7 Most Reliable High-Performance Engines GM Has Ever Built

 Verdad Gallardo
story-3

Amazing '71 Camaro Restomod Is Modern Muscle Car Under the Skin

 Verdad Gallardo
story-4

6 Common C5 Corvette Failures and What's Involved In Repairing Them

 Pouria Savadkouei
story-5

Retro Modern Bandit Pontiac Trans AM Comes With Burt Reynolds' Autograph

 Verdad Gallardo
story-6

Top 10 Greatest Cadillac V Series Performance Models Ever, Ranked

 Pouria Savadkouei
story-7

Top 10 Most Powerful Chevy Trucks Ever Made!

 
story-8

Hennessey's New Supercharged Silverado ZR2 Has 700 HP

 Verdad Gallardo
story-9

Coachbuilt N2A Anteros Is an LS2-Powered C6 Corvette In Italian Clothes

 Verdad Gallardo
Old Apr 17, 2012 | 08:36 AM
  #9  
joshb1983's Avatar
Staging Lane
 
Joined: Feb 2012
Posts: 62
Likes: 0
From: kentucky
Default

i got my 98 ws6 m6 black for 9k and it has 63k miles and in perfect shape...
Reply
Old Apr 17, 2012 | 08:37 AM
  #10  
joshb1983's Avatar
Staging Lane
 
Joined: Feb 2012
Posts: 62
Likes: 0
From: kentucky
Default

i waited 4 months too buy mine the kid wanteed 12.5k for it and in 4 months i got it for 9k...98 with 63k miles i thought 9,000 was a good price...
Reply
Old Apr 17, 2012 | 03:37 PM
  #11  
Stoianoff31's Avatar
Teching In
 
Joined: Feb 2011
Posts: 17
Likes: 0
Default

sold my 98 ws6 m6 for 12k with 55k miles
Reply




All times are GMT -5. The time now is 10:32 AM.

story-0
Topdon ONE vs. Artidiag 800 BT2: Which is the Diagnostic Tablet For You?

Slideshow: We take a close look at the ONE and Artidiag 800BT2 diagnostic tools from Topdon and the reasons to buy one over the other.

By Pouria Savadkouei | 2026-05-28 11:05:11


VIEW MORE
story-1
Gas Monkey Built a 6-Wheel Ferrari Testarossa With a Corvette LT4 Engine

Slideshow: The controversial Ferrari F6 swaps its original flat-12 for a Corvette Z06-derived LT4 V8 and sends power to four rear wheels through a custom-built drivetrain.

By Verdad Gallardo | 2026-05-26 18:23:54


VIEW MORE
story-2
7 Most Reliable High-Performance Engines GM Has Ever Built

Slideshow:These GM engines didn't just make huge power, they survived abuse, boost, track days, and six-digit mileage with a reputation for refusing to quit.

By Verdad Gallardo | 2026-05-21 16:45:27


VIEW MORE
story-3
Amazing '71 Camaro Restomod Is Modern Muscle Car Under the Skin

Slideshow: This heavily modified 1971 Camaro mixes classic muscle car styling with a fifth-generation Camaro interior and modern LS3 power.

By Verdad Gallardo | 2026-05-12 18:06:42


VIEW MORE
story-4
6 Common C5 Corvette Failures and What's Involved In Repairing Them

Slideshow: From wobbling harmonic balancers to failed EBCMs, these are the issues that define long-term C5 ownership and what repairs typically involve.

By Pouria Savadkouei | 2026-05-07 18:44:57


VIEW MORE
story-5
Retro Modern Bandit Pontiac Trans AM Comes With Burt Reynolds' Autograph

Slideshow: A modern Camaro transformed into a retro icon, this limited-run "Bandit" build blends nostalgia with brute force in a way few revivals manage.

By Verdad Gallardo | 2026-04-21 13:57:02


VIEW MORE
story-6
Top 10 Greatest Cadillac V Series Performance Models Ever, Ranked

Slideshow: Cadillac didn't just crash the high-performance luxury vehicle party, it showed up loud, supercharged, and occasionally a little unhinged...

By Pouria Savadkouei | 2026-04-16 10:05:15


VIEW MORE
story-7
Top 10 Most Powerful Chevy Trucks Ever Made!

Slideshow: Top ten most powerful Chevy trucks ever made

By | 2026-03-25 09:22:26


VIEW MORE
story-8
Hennessey's New Supercharged Silverado ZR2 Has 700 HP

Slideshow: Hennessey has turned the Silverado ZR2 into a 700-hp off-road monster with supercharged V8 power and a limited production run.

By Verdad Gallardo | 2026-03-24 18:57:52


VIEW MORE
story-9
Coachbuilt N2A Anteros Is an LS2-Powered C6 Corvette In Italian Clothes

Slideshow: A one-off sports car that looks like a vintage Italian exotic-but hides a C6 Corvette underneath-just sold for the price of a new mid-engine Corvette.

By Verdad Gallardo | 2026-03-23 18:53:41


VIEW MORE