RollOffDave

What do you guys think about a 2000 Trans am, 130k for $8k? Is that still too high? Looks really pretty though.

RollOffDave

I tryed to attach picture, Fail!

Zlow28

iTrader: (11)

too high

RollOffDave

http://milwaukee.craigslist.org/cto/4446764938.html

RollOffDave

Check out the ad it says beautiful and I can't argue. lol

Rugcleaner

I think that is a reasonable price

NC01TA

I didn't look at the ad but certainly know that $8,000 for a 14 year old 130k miles used car is too high. It will require more $$ to make it right. There is no denying it.

GimmeLSx

iTrader: (4)

There are much better deals to be had out there. That price range will buy you a car with sub 100k miles, such as the 98 Formula with 86k for $6900 that I just looked at and all the other similar cars that I see on a regular basis.

dwhess504

6k maybe but after 120K miles I would pass

Rob98LS1

iTrader: (5)

I feel a fair price would be 6700-6900

Fast02Z06

iTrader: (1)

Wayyy tooo high. 6-6500 tops

JustYoder

I'd say that is too high.

hardbones

Too high and how can a car that old with 130K be in "showroom condition"?!?!?

NC01TA

The descriptions are just mindless in some ads. It really gets old.

Firebrian

A large retail car outlet in my area (A Better Way Wholesale Auto, Naugatuck, CT) had a red 2002 Trans AM with 13K miles for sale for part of last year and into early 2014. They started around $12K and kept coming down in price. Last I saw it the price was $9500 and it sold a few weeks thereafter. That was a good deal, esp. vs. a 130,000 mile car for "only" $1500 less. Real world sale. Car is gone from inventory.

Here's a 15K mile one owner 2000 T/A on Ebay that didn't reach reserve (bid to $10,600). I think it was up once before and went higher ($11K to $12K?)....the 1st buyer must have backed out. In any case if this is worth $11K or less, how much do you then subtract for an extra 115,000 miles of wear and tear? I'd say subtract at least $5K and possibly up to $7K for those miles. It's not a WS6 or SS. 130,000 mile Z28's and Trans AMs with standard options are not really collectible. Fwiw I sold my 1998 2 owner "mint" Z28 with 115K miles for $3,000 to a dealer back in Nov 2009. That car's drive train performed exactly as it did when I first bought it in 2001 with 22,000 miles (paid $14K). Other than one small dent in the lower rocker and the AC system had a leak, it was mint, looking and performing much like a 50K mile car. There was very little wear and tear on the seats (no rips or wear spots) as I was very careful getting in and out of the car. Ironically, that car is worth more today than it was when I sold it....lol. Talk about selling at the bottom of the market and getting bottom dollar.

http://www.ebay.com/itm/2000-TRANS-AM-COUPE-14772-MILES-5-7-AUTOMATIC-T-TOPS-LOADED-NICE-MAYNARD-MASS-/141274992198?pt=US_Cars_Trucks&forcerrptr=true&hash=item20e4a54e46&item=141274992198&nma=true&si=hHodw%252Bel3AJKMVJvzTyVCAf0PMI%253D&orig_cvip=true&rt=nc&_trksid=p2047675.l2557

NC01TA

Ebay is a rather poor barometer for real world car sales. Sure, it can be used as a tool like any other, but just far too many discrepancies overall. You can't properly evaluate sales prices based on this one example any more than you can evaluate a Barrett- Jackson auction price as the standard for all.

Firebrian

While that's true, unless you are the seller or buyer in a particular transaction you probably have little knowledge of what any vehicle has really sold for. Even "real" world sales or auctions are often phony, shilled up, bought by friends and recycled back, etc. For what we have available to us, I find completed Ebay listings (or the highest bids on unsold vehicles) and cars disappearing from autotrader.com after being priced competitively to start with to be somewhat reliable indicators of their value. I'm more interested in the 5-10% of the cars that do sell each month vs. the other 90% that have "dreamer" price tags attached to them. The high bid on unsold ebay cars is usually much more accurate than the reserve/BIN price. With thousands of cars going through Ebay every month, it's a fair pricing source even if only a fraction of all cars actually do sell. Scan autotrader.com for what you're looking for and zero in on the bottom 10-15% of the price range. Something near that price is the real world value. Forget the other 85-90%.

RollOffDave

I went to look at it earlier this week he says his lowest atm is $7500 so I passed. It seems like everywhere I look people are asking way too much for a car that's cool and all but at the same time ain't **** really. I think like FireBrian says there's a whole lot of price jacking/brainwashing going on. I appreciate everyone posting here it's been helpful, thanks.

hardbones

so was it in showroom condition??