Notices
C5 General General C5 Corvette and C5 Z06 Discussion not covered in Tech
Sponsored by:
Sponsored by:

how much should i ask for my 1998 corvette?

Thread Tools
 
Search this Thread
 
Old 03-20-2015, 11:31 AM
  #1  
glasguydj
Instructor
Thread Starter
 
glasguydj's Avatar
 
Member Since: Jul 2012
Location: Salisbury Maryland
Posts: 222
Likes: 0
Received 0 Likes on 0 Posts
Default how much should i ask for my 1998 corvette?

I have a 1998 corvette coupe with 42000 miles. 5.7 , auto tranny with traction control. STD bose stereo with CD. forgot to mention i am the third owner of this car and is has always been garage kept and has never been a daily driver.I knew all of the previous ownwers which wer older gentlemen and never ran the car hard. i have done alot of little upgrades to this car like new stainless magna flow exhuast and x-pipe, NO headers, removed the wagon wheels and installed the chrome 5-star wheels, slotted drilled rotors, New red calipers. I installed new two tone leather seats and replaced the old seat foam when i did the seats. All new floor matts, rear cargo matt , I installed new pop up projector headlights which greatly increased the lighting and I also installed new trun signal marker lights and lenses. aI installed LED brak lights, All lazer mesh vent inserts. The car has never seen the rain except when getting cuaght out in a storm. the under carraige of the car looks like brand new as i have done alot of detailing to the under of the car. i know that dont mean much but I have always been a clean freak. I installed white guages in the dash. The only thing i did to the engine was install a Vararam cold air intake and a upgraded mass air flow sensor. does anyone know what i could rightly ask for this car with the info i provided. I have never had any issues with the engine, tranny what so ever and it runs great. thanks for any replys.
Old 03-20-2015, 11:47 AM
  #2  
CQRT
Team Owner
Support Corvetteforum!
 
CQRT's Avatar
 
Member Since: Aug 2003
Location: Scottsdale AZ
Posts: 23,778
Received 295 Likes on 237 Posts

Default

Colors and pics ?

How are the tires . . .how old are they? (big $$)

Probably mid/upper teens.

Good luck.
Old 03-20-2015, 12:17 PM
  #3  
703
Pro
 
703's Avatar
 
Member Since: Feb 2013
Location: Webster NY
Posts: 665
Received 30 Likes on 25 Posts

Default

Originally Posted by CQRT
Colors and pics ?

How are the tires . . .how old are they? (big $$)

Probably mid/upper teens.

Good luck.
Old 03-20-2015, 12:19 PM
  #4  
glasguydj
Instructor
Thread Starter
 
glasguydj's Avatar
 
Member Since: Jul 2012
Location: Salisbury Maryland
Posts: 222
Likes: 0
Received 0 Likes on 0 Posts
Default

Originally Posted by CQRT
Colors and pics ?

How are the tires . . .how old are they? (big $$)

Probably mid/upper teens.

Good luck.
The tires are not run flats. Buy are in very good condition.nonku about three years old and maybe about 4,000 miles on the tires. That might be not so good but I could not stand the roughness of the run flats so I changed them to non runflats. The car is pewter metalic. I am unable to upload pictures for some reason.
Old 03-20-2015, 02:13 PM
  #5  
Fcar 98
Melting Slicks
 
Fcar 98's Avatar
 
Member Since: Dec 2000
Location: Pittsburgh PA
Posts: 3,004
Received 892 Likes on 466 Posts

Default

Originally Posted by CQRT
Colors and pics ?

How are the tires . . .how old are they? (big $$)

Probably mid/upper teens.

Good luck.
Old 03-20-2015, 02:14 PM
  #6  
roadbike56
Race Director
Support Corvetteforum!
 
roadbike56's Avatar
 
Member Since: Oct 2011
Location: Holly Springs NC
Posts: 14,376
Received 1,609 Likes on 1,037 Posts
St. Jude Donor '16-'17,'22,'24

Default

That was my favorite color when I was looking. Came close to buying a 00 vert and a 01 coupe. It looks great with the polished wheels on it. The only thing you mentioned where I kind of winced was the magna-flow catbacks. They're kinda loud and might have droan. I passed on a car because of the droan from the magna flows. Otherwise, I'd agree with the estimates given above. You're headed into the best time of year to sell a Vette.
Old 03-20-2015, 11:02 PM
  #7  
Vetteman Jack
Administrator

Support Corvetteforum!
 
Vetteman Jack's Avatar
 
Member Since: Mar 2001
Location: In a parallel universe. Currently own 2014 Stingray Coupe.
Posts: 343,014
Received 19,305 Likes on 13,977 Posts
C7 of the Year - Modified Finalist 2021
MO Events Coordinator
St. Jude Co-Organizer
St. Jude Donor '03-'04-'05-'06-'07-'08-'09-'10-'11-'12-'13-'14-'15-'16-'17-'18-'19-
'20-'21-'22-'23-'24
NCM Sinkhole Donor
CI 5, 8 & 11 Veteran


Default

I'd say you could expect to get $16-17K or so. Sounds like a nice car. Best of luck with the sale.
Old 03-21-2015, 07:36 AM
  #8  
ezrider4u2
Burning Brakes
Support Corvetteforum!
 
ezrider4u2's Avatar
 
Member Since: Aug 2006
Location: Eastern PA
Posts: 956
Received 12 Likes on 10 Posts

Default

Without looking at pics and just guessing here I would price it accordingly. I'd suggest if the goal is to sell and the emotional attachment is not clouding your common sense, you can price it competitively to sell at $16K and after negotiating and making someone feel like they beat you can walk away with $15.2-5K.

The good things going are that the car is not heavily modded so it could appeal to more people. Based on your description in good shape overall-mechanically and physically. This is would be a good one for someone looking to get into their first C5 or Corvette for that matter.

GLWS
Old 03-21-2015, 07:55 AM
  #9  
tcrote5516
Racer
 
tcrote5516's Avatar
 
Member Since: Mar 2014
Location: Southern NH
Posts: 399
Likes: 0
Received 11 Likes on 7 Posts
Default

Up in the northeast that's a $17k car all day long.
Old 03-24-2015, 03:10 PM
  #10  
Skyfox16
Instructor
 
Skyfox16's Avatar
 
Member Since: Mar 2015
Posts: 149
Received 21 Likes on 12 Posts
Default

Originally Posted by tcrote5516
Up in the northeast that's a $17k car all day long.

I just started looking for a C5 in/around Ohio and it seems almost everyone is asking $1,000's over KBB excellent condition pricing. Is KBB for corvettes that unrealistic?

Trying to find a 6speed with around 100k miles, clean title/good carfax is becoming more difficult than i thought without paying over $15k.

The one 99 with 104k miles for $10k i found - the guy said i was asking too many questions (Service records? reason for selling? any issues with it?) so that kind of turned me off of that one.

One guy has a 97 with 67K miles and they want $14.5k - KBB is $10k.

Then a 2002 with 78K miles for $12,800 and cant get the person to respond to questions.

Who knew it would be so hard to give away money for a car lol
Old 03-24-2015, 03:46 PM
  #11  
73Corvette
Le Mans Master
 
73Corvette's Avatar
 
Member Since: Feb 2012
Location: OK
Posts: 6,644
Received 463 Likes on 374 Posts
Default

To answer your question... As much as you can... now be sure you ask more than you are willing to accept. A lot of people just want to talk you down some, so give yourself a little wiggle room. Someone might even give you what your asking...with no questions or bickering GLWS!

Old 03-24-2015, 04:04 PM
  #12  
jackthelad
Melting Slicks
 
jackthelad's Avatar
 
Member Since: Jun 2013
Location: West Virginia
Posts: 3,473
Received 675 Likes on 519 Posts

Default

Look at Edmunds as well. It seems to me a lot of owners overvalue their cars - and they probably change hands between enthusiasts at higher prices than normal.

I have a '98 MN6 coupe with every option for it's year, including both tops. Owned it from new, 75k on it, no track time, no damage ever. Low mileage on Mich. AS tires on 18/19 wheels. It's probably realistically worth around $10-11k. If I was selling it and got anything over that, I think I would be happy as a clam.

Last edited by jackthelad; 03-24-2015 at 04:07 PM.
Old 03-24-2015, 04:24 PM
  #13  
Phanni
Le Mans Master
 
Phanni's Avatar
 
Member Since: Jan 2004
Location: Knoxville Tn
Posts: 9,488
Received 1,731 Likes on 847 Posts

Default

Originally Posted by jackthelad
Look at Edmunds as well. It seems to me a lot of owners overvalue their cars - and they probably change hands between enthusiasts at higher prices than normal.

I have a '98 MN6 coupe with every option for it's year, including both tops. Owned it from new, 75k on it, no track time, no damage ever. Low mileage on Mich. AS tires on 18/19 wheels. It's probably realistically worth around $10-11k. If I was selling it and got anything over that, I think I would be happy as a clam.
That would be about correct here in Tennessee.
I paid less than !2,000 for a 95,000 mile 2001 Coupe last year ago.
I would not take !8,000 for my 2001 Convertible with 28,000 miles.

I needed new seat covers for the coupe, another $900 at the time.
Old 03-24-2015, 06:25 PM
  #14  
3tt3v8P
Racer
 
3tt3v8P's Avatar
 
Member Since: Dec 2012
Location: Bowman ND
Posts: 352
Received 21 Likes on 15 Posts
Default

Originally Posted by jackthelad
Look at Edmunds as well. It seems to me a lot of owners overvalue their cars - and they probably change hands between enthusiasts at higher prices than normal.

I have a '98 MN6 coupe with every option for it's year, including both tops. Owned it from new, 75k on it, no track time, no damage ever. Low mileage on Mich. AS tires on 18/19 wheels. It's probably realistically worth around $10-11k. If I was selling it and got anything over that, I think I would be happy as a clam.
All I can say is wow to that statement.
Old 03-24-2015, 06:50 PM
  #15  
knewblewkorvette
Race Director

Support Corvetteforum!
 
knewblewkorvette's Avatar
 
Member Since: May 2003
Location: Iowa
Posts: 13,995
Received 2,706 Likes on 1,668 Posts
St. Jude Donor '03-'04-'05-'06-'07-'08-'09-'10-'11-'12-'13-'14-'15-'16'-'17-‘18-'19-'20-'21-'22-
'23-'24


Default

I think if someone offers you $15K, you should take it and smile.
Old 03-24-2015, 07:17 PM
  #16  
92GA
Burning Brakes
 
92GA's Avatar
 
Member Since: Jan 2011
Location: Springfield IL.
Posts: 1,067
Received 46 Likes on 41 Posts
Oldtimer

Default

That's a $17000.00 car here too. If a dealer had a car like that on the lot around here it'd be $20000.00 or more. The white face gauges would turn me off the car though. Everything else I'd change back would be easy. A good clean Corvette that's not way over priced don't last long around here.
Old 03-24-2015, 07:30 PM
  #17  
jakecol
Racer
 
jakecol's Avatar
 
Member Since: May 2013
Location: Ft. Collins Colorado
Posts: 359
Received 15 Likes on 12 Posts
Default

Originally Posted by Vetteman Jack
I'd say you could expect to get $16-17K or so. Sounds like a nice car. Best of luck with the sale.
Sounds like the twin of mine except the clock on mine is only 37K and I;m the 6th. owner.

Get notified of new replies

To how much should i ask for my 1998 corvette?

Old 03-24-2015, 07:59 PM
  #18  
GREENKAR
Drifting

 
GREENKAR's Avatar
 
Member Since: May 2013
Location: Mountain View California
Posts: 1,317
Received 155 Likes on 112 Posts

Default

Originally Posted by roadbike56
That was my favorite color when I was looking. Came close to buying a 00 vert and a 01 coupe. It looks great with the polished wheels on it. The only thing you mentioned where I kind of winced was the magna-flow catbacks. They're kinda loud and might have droan. I passed on a car because of the droan from the magna flows. Otherwise, I'd agree with the estimates given above. You're headed into the best time of year to sell a Vette.
I have the Magna-Flow Catbacks on my 01' vert. They did have a drone till I installed the X-pipe. No drone anymore. OP says he has x-pipe on his car. Should be no problem selling it GLWS
Old 03-24-2015, 08:01 PM
  #19  
jackthelad
Melting Slicks
 
jackthelad's Avatar
 
Member Since: Jun 2013
Location: West Virginia
Posts: 3,473
Received 675 Likes on 519 Posts

Default

Originally Posted by 3tt3v8P
All I can say is wow to that statement.
Not sure what that means. I think a lot of people on here are kidding themselves as to what their cars are worth.

Example: From Edmunds.com - I submitted mileage, color and options on my '98 coupe:

Customized True Market Value® Prices

Trade-In/ Private Party/ Dealer Retail

$9,527/ $10,641/ $12,546

At the end of the day, it's 17 year old car - let's all get real here. And, BTW, most mods do not add value; they may well decrease it. For example, the OP's car has mods I would not want. Factory original probably gets the best price. That's why when I put a CAI on and changed wheels, I kept the "take off" stuff, - someone, somewhere in the future may even really value wagon wheels.........

Last edited by jackthelad; 03-24-2015 at 08:11 PM.
Old 03-24-2015, 09:39 PM
  #20  
corvettezman
Race Director
Support Corvetteforum!
 
corvettezman's Avatar
 
Member Since: Oct 2004
Location: Home of the VOLS ! Knoxville, TN. Tennessee
Posts: 12,924
Received 781 Likes on 441 Posts
St. Jude Donor '11-'12-'13, '15, '16-'17-'18-'19

Default

If some of you saw the prices the C5 were fetching at the Corvette public auction at the Expo, it might make you cry. I gave $13.5k last year for my 02 with 100k miles (loaded and with both tops), but after watching the auction last weekend, I felt robbed.

C5 auction prices are low and this was a public auction, not just a "dealer only" auction. There were also lots of C5s for sale.

The highest bid on a 2004 with 40k miles was $13k. Seller wanted $14k to let it go, so it did not sell.


Quick Reply: how much should i ask for my 1998 corvette?



All times are GMT -4. The time now is 11:15 AM.