1998 SS M6 84k
1998 SS M6 84k Hello all, my Dad has a Silver 98 SS M6 with 84k miles. He is the second owner and has owned it since it had 14k miles on it. The car has all power options, T-Tops, and is in very good condition. It has BBK long tubes, lid, and a non-adjustable Borla catback. I installed the LT's for him and the lid and catback were on the car when he purchased it.
With that being said, what would be a fair price for me to purchase this car from him for? We just went and picked up a C5 with 10k miles on it and I told him I'd like to have his Camaro. I know what KBB and NADA values are but if we were to list it for sale at those prices it'd be gone in matter of hours more than likely. He asked me what he could get for it if he were to sell it to someone other than me and I told him somewhere in the $8,000 range would be a good starting point. Am I off base here? I then told him I'd give him $7,500 for it. I want to make it a fair deal for both him and I. Any input is greatly appreciated.
With that being said, what would be a fair price for me to purchase this car from him for? We just went and picked up a C5 with 10k miles on it and I told him I'd like to have his Camaro. I know what KBB and NADA values are but if we were to list it for sale at those prices it'd be gone in matter of hours more than likely. He asked me what he could get for it if he were to sell it to someone other than me and I told him somewhere in the $8,000 range would be a good starting point. Am I off base here? I then told him I'd give him $7,500 for it. I want to make it a fair deal for both him and I. Any input is greatly appreciated.
Sounds about right to me. Nadaguides sets the retail value around $7,500 to $7,700 depending on options. He may be able to get a little more if it's in excellent condition, but $7,500 is probably a pretty fair price.
Launching!
Joined: Jul 2010
Posts: 283
Likes: 5
Although I have seen a "dip" in pricing as of late in the SS market of which might effect this pricing analysis. I would generally price a what I call "High-Mid" Mileage (75K-99K) as such:
$8500-9000 - 1998-2000 SS
$500 - M6 Transmission
$1000 - 2001-2002 SS Premium
These prices reflecting a decent condition car (of which it definitely seems to be) and that doesn't have significant alterations which would influence the price either way.
With that being said I would say in general a clean Early LS1 SS with under 100K would sell pretty quickly in the $8500-$9500 price frame. So at $7500 I think your a little low but at a family discount I would say your not grossly undervalue.
$8500-9000 - 1998-2000 SS
$500 - M6 Transmission
$1000 - 2001-2002 SS Premium
These prices reflecting a decent condition car (of which it definitely seems to be) and that doesn't have significant alterations which would influence the price either way.
With that being said I would say in general a clean Early LS1 SS with under 100K would sell pretty quickly in the $8500-$9500 price frame. So at $7500 I think your a little low but at a family discount I would say your not grossly undervalue.
Ha, I'd like to keep it around 
. Thanks for the input though.
Yeah, I figured it was a little low. He said he wanted to make it fair for me and isn't really concerned with how much money he gets from it. Thanks for the help, that makes me feel better about it now.
. Thanks for the input though.Although I have seen a "dip" in pricing as of late in the SS market of which might effect this pricing analysis. I would generally price a what I call "High-Mid" Mileage (75K-99K) as such:
$8500-9000 - 1998-2000 SS
$500 - M6 Transmission
$1000 - 2001-2002 SS Premium
These prices reflecting a decent condition car (of which it definitely seems to be) and that doesn't have significant alterations which would influence the price either way.
With that being said I would say in general a clean Early LS1 SS with under 100K would sell pretty quickly in the $8500-$9500 price frame. So at $7500 I think your a little low but at a family discount I would say your not grossly undervalue.
$8500-9000 - 1998-2000 SS
$500 - M6 Transmission
$1000 - 2001-2002 SS Premium
These prices reflecting a decent condition car (of which it definitely seems to be) and that doesn't have significant alterations which would influence the price either way.
With that being said I would say in general a clean Early LS1 SS with under 100K would sell pretty quickly in the $8500-$9500 price frame. So at $7500 I think your a little low but at a family discount I would say your not grossly undervalue.
TECH Enthusiast
Joined: Nov 2011
Posts: 587
Likes: 12
From: Connecticut SE shore
I think $7500/$8500 is fair. My '99 SS M6 with 17K miles is probably worth approx $12,500-$13,500. Adjust for 70K miles difference and 1 model year to arrive at a price for your '98. Knowing the history and maintenance on the car since 14K miles is a big plus. That's easily worth an extra $500 vs. a car you know nothing about. This one you saw first hand for the past 70K miles. Another advantage to the '98 is if it's build date is prior to May 1998....in which case you won't have the bubbling sail panel issue seen on all the later cars (May '98 to '02). That would be worth peace of mind. I'd figure the M6 at closer to $1,000 more than the A4.
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1998 SS M6 84k Yep, no bubbles on the sail. I just sold a red 01 Z28 roller that was setup with full suspension and a 12 bolt. It was a hardtop like my old turbo car and had only 34k on the chassis. It had terrible bubbling on the roof. That car was ideal for another turbo build but right now I want a nice driver, 6 speed, ttops, a/c and something I don't have to drop a motor and trans in. May do a small cam and some suspension in the SS and call it a day for a bit.
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at $7500. Quite fair for both parties and keeps peace in the family.