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2001 Yellow C5 Vert Loaded

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Old Oct 9, 2012 | 03:22 PM
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Default 2001 Yellow C5 Vert Loaded

I have a family member that has been offered what I think is way a low offer on his 2001 Yellow Vet Vert loaded perfect in every way never seen rain. Car has 8XXX miles on it.

KBB says around 24-25K anyone have any real ideas on how much this sucker is worth?

Texas car if that matters. Any help would be appreciated
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Old Oct 9, 2012 | 06:44 PM
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KBB is close but not allowing for that ultra low mileage premium (sub 10,000 miles) which can be about $2,000 - $4,000 depending on the seller and the car itself. KBB is unable to factor in these unusual examples but real world pricing dictates that these premiums I mentioned are very real.
If not in a rush to sell I would ask in the $26,000 - $29,000 area and wait for a buyer. It takes time in many instances. No way would I sell the car for under $25,000 if one-owner, stock and near mint.
Now for the negatives about selling the car right now. First, we are approaching the slow convertible sales season with winter very nearby, along with the notoriously slow holiday season which brings most car sales to a crawl. Second, competition from other sellers of low mileage cars. See below, especially take a look at the yellow convertible on Autotrader that has been for sale for quite awhile. It hasn't sold at that price so yours probably won't either. The car needs to be priced competitively (lower than that one) to get the phone ringing. That is up to you guys and how fast you want to sell the car. If you can wait until next Spring, you are in business. Hope this helps a bit.
I'm curious what the lowball offer was. Do you care to share??

http://cgi.ebay.com/ebaymotors/2001-...item416c68bbf6
http://cgi.ebay.com/ebaymotors/LOW-1...item4abd038bae
http://www.autotrader.com/cars-for-s...20589852&Log=0
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Old Oct 11, 2012 | 10:20 AM
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Originally Posted by NC01TA
KBB is close but not allowing for that ultra low mileage premium (sub 10,000 miles) which can be about $2,000 - $4,000 depending on the seller and the car itself. KBB is unable to factor in these unusual examples but real world pricing dictates that these premiums I mentioned are very real.
If not in a rush to sell I would ask in the $26,000 - $29,000 area and wait for a buyer. It takes time in many instances. No way would I sell the car for under $25,000 if one-owner, stock and near mint.
Now for the negatives about selling the car right now. First, we are approaching the slow convertible sales season with winter very nearby, along with the notoriously slow holiday season which brings most car sales to a crawl. Second, competition from other sellers of low mileage cars. See below, especially take a look at the yellow convertible on Autotrader that has been for sale for quite awhile. It hasn't sold at that price so yours probably won't either. The car needs to be priced competitively (lower than that one) to get the phone ringing. That is up to you guys and how fast you want to sell the car. If you can wait until next Spring, you are in business. Hope this helps a bit.
I'm curious what the lowball offer was. Do you care to share??

http://cgi.ebay.com/ebaymotors/2001-...item416c68bbf6
http://cgi.ebay.com/ebaymotors/LOW-1...item4abd038bae
http://www.autotrader.com/cars-for-s...20589852&Log=0

It was in the $22k range. The car is always garaged and like I said it had never seen rain.

Thanks for the indepth reply I have forwarded it on to the owner.
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Old Oct 12, 2012 | 09:47 AM
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Actually 22k is not a bad offer on a c5, another 5-6k were talking ls2 money vette's. Just my .02
http://www.autotrader.com/cars-for-s...29769390&Log=0
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Old Oct 12, 2012 | 09:55 AM
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Originally Posted by mariojmoe
Actually 22k is not a bad offer on a c5, another 5-6k were talking ls2 money vette's. Just my .02
http://www.autotrader.com/cars-for-s...29769390&Log=0
The example you posted is a 40,000+ miles car. Apples and oranges and not applicable with the OP's 8,000 miles car. It makes a huge difference when accurately pricing an individual's car.
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Old Oct 12, 2012 | 09:58 AM
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Originally Posted by Dallasborn
It was in the $22k range. The car is always garaged and like I said it had never seen rain.

Thanks for the indepth reply I have forwarded it on to the owner.
You are welcome! The $22,000 offer was wishful thinking. I'm glad the owners are holding out.
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