98 Formula value?
98 Formula value? So, I'm thinking about selling my 98 Formula M6 t-top and I'm looking for feedback on what to price it at. I have a number in my head, but I want to see what yall think.
It has 176K miles on it, but please keep in mind that I'm in big state, so miles aren't that big a deal. It runs and drives perfectly, cold A/C, hot heat. It's a lid/tune/LT car, hotchkis panhard rod, ROH racing wheels with good 275/40/17 tires, stealth sub box, custom gauge overlays and floor mats.
The only problems that it has are some minor chips/touch up paint on the nose, a cracked console lid and two dents in the passenger rocker panel. The fuel pump check valve is screwed, so you have to prime the pump twice, or crank it a little longer.
It has 176K miles on it, but please keep in mind that I'm in big state, so miles aren't that big a deal. It runs and drives perfectly, cold A/C, hot heat. It's a lid/tune/LT car, hotchkis panhard rod, ROH racing wheels with good 275/40/17 tires, stealth sub box, custom gauge overlays and floor mats.
The only problems that it has are some minor chips/touch up paint on the nose, a cracked console lid and two dents in the passenger rocker panel. The fuel pump check valve is screwed, so you have to prime the pump twice, or crank it a little longer.
On The Tree
Joined: Nov 2012
Posts: 183
Likes: 0
From: Winnipeg, Manitoba
If I were looking at the car which I am not. Depending what condition the interior was in 6-8k? Being in a big state doesn't make mileage mute I have a 160 on mine and would get low balled to all hell for it.
I move high mileage vehicles here pretty easily. Sure it kills the value some, but not like the northern states. I was thinking about starting it at 6K, I don't think I could come anywhere near 8k.
On The Tree
Joined: Nov 2012
Posts: 183
Likes: 0
From: Winnipeg, Manitoba
My guesstimate was accurate :p But I couldn't tell what kind of interior I am sure you could get upper 6s to 7 if it is leather and in half decent shape.
TECH Junkie
Joined: Aug 2006
Posts: 3,913
Likes: 675
From: Western North Carolina
I can't imagine any car with that kind of mileage selling for over 'book'. You can downplay the mileage all you want. No harm in asking what ever price you like, maybe you can find a 
who doesn't know better. GLWS!
who doesn't know better. GLWS! As for "Book Value". KBB lists it at 3K, which I can get from parting out the damned drivetrain, much less the roller, edmunds is even more insane at $1700. It may go by book value in your state, but I've never seen a 6 speed LS1 car go for less than $4k here, regardless of miles and condition.
Bottom line, if I had it up for $3k, I would have 50 buyers, all dealers, begging me to hold it until they could get to it.
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TECH Junkie
Joined: Aug 2006
Posts: 3,913
Likes: 675
From: Western North Carolina
If you know already, then why are you asking here?? On top of that, why is a dealer asking?? You obviously have all the answers and everyone else is wrong, from NADA to to KBB to my 18 years of F-body experience. 
I also don't care what state you live in. I would never recommend to anyone to pay over 'book' for a car approaching 200k miles within a year's time. If you sell for over 'book', good for you, and condolences to the buyers. No one will convince me otherwise. I'm done here. I'll save my solid advice for those that need it and appreciate it. I take this section seriously, not as a shill for a dealer.
I also don't care what state you live in. I would never recommend to anyone to pay over 'book' for a car approaching 200k miles within a year's time. If you sell for over 'book', good for you, and condolences to the buyers. No one will convince me otherwise. I'm done here. I'll save my solid advice for those that need it and appreciate it. I take this section seriously, not as a shill for a dealer.
Last edited by NC01TA; Aug 18, 2014 at 05:51 PM. Reason: Finished with this one
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Verdad Gallardo If you know already, then why are you asking here?? On top of that, why is a dealer asking?? You obviously have all the answers and everyone else is wrong, from NADA to to KBB to my 18 years of F-body experience.
I also don't care what state you live in. I would never recommend to anyone to pay over 'book' for a car approaching 200k miles within a year's time. If you sell for over 'book', good for you, and condolences to the buyers. No one will convince me otherwise.
I also don't care what state you live in. I would never recommend to anyone to pay over 'book' for a car approaching 200k miles within a year's time. If you sell for over 'book', good for you, and condolences to the buyers. No one will convince me otherwise.
I'm not selling this as a dealer, it's my personal car and has been for the last year.
As for the condolences to my buyers, I'll state this as simply as possible. **** you. I don't know how you maintain your ****, but I keep my cars in 100% running condition. I have a very good reputation in my area.
I don't care if I convince you or not since you're clearly not a buyer, but LS1 Fbodies with higher miles than mine go for more than book value through auctions.
https://ls1tech.com/forums/vehicle-c...ormula-la.html
I appreciate the advice, but I don't appreciate a tantrum when I don't agree with it.
Yeah, different regions do different things for prices, which is why I'm in this area to begin with.
Joined: Nov 2001
Posts: 34,629
Likes: 2,547
From: Schiller Park, ILL Member: #317
There is no reason to get combative over a difference in opinion when the entire point of a thread in this section IS for opinions. Respectful/mature debate and disagreement is expected in this section, but that does not include attacking other members simply because you disagree with an opinion that you have solicited by posting such a thread.
I understand this sort of thing can get somewhat heated, but this one went a bit too far.