96 Vette CE

This is not meant to bash anyone, but have you all noticed the same thing?

doublec4

Are they stock C5s? Or lots of mods?

People may be charging a premium for a highly modded C5... it seems like the C5s are at the age now where people have modified many of them extensively to keep them relevant and modern.

ztheusa

Econ 101......supply and demand.

Highly modded cars owners will never get their wasted money back in a sale.

RoninC5

Well I'm interested in this thread as I'm selling and buying simultaneously. I'm trying to price my C5 fair and get a fair deal on a Z. However one thing I noticed right away when shopping , a low mileage great shape C5 (mostly mod) or C5Z and a base C6 are the same price range (high teens to low 20's depending on car). I look at non-modded cars... A man's got to know his limitations (Clint E.)

96 Vette CE

Both. There are some nice C5's out there for sale, but not too many people willing to spend $24-30k money for them..............that is nice C6 money these days

96 Vette CE

My point exactly!

Black 02

Not everyone wants an early C6. Claiming a C5 is priced too high because it's the same price as an 05 auto C6 isn't a good argument.

neutron82

I wouldn't consider it wasted money as long as the car is modded properly, but you are right that most of it won't be recovered if you decide to sell it

96 Vette CE

No one said anything about an '05 auto C6. Plenty of LS3's out there for that price point.

Vetteman Jack

As always, they are free to ask what they want, but what they actually get when the car sells could be vastly different. I can see a premium for a very low mileage, highly optioned car, but how much of a premium is up for debate. If a seller is getting a high price for their car, then good for them.

Black 02

LS3 C6s for the same price as C5s? Show me.

Everyone in the market always brags about how cheap everything else is when they're trying to buy what they want. My response is usually "so go buy one of those then" because 9 out of 10 times they don't exist in the first place

In your situation, pick a 08+ C6 over a C5 for the same money, it's a no brainer.

doublenut9

I think it boils down to supply and demand. C5's seem to be holding their own and are not loosing value like they did a couple of years back. I think they have bottomed and are now turning around. C6's have not hit bottom yet. I am basing this on just watching the prices, no scientific survey.

96 Vette CE

How long did that take?


https://www.corvetteforum.com/forums...-dfw-area.html

friou

As in all things, and from one who has bought and sold a pretty fair amount, from real estate to corvettes, and all manner of other items, I do believe the following to be true: "Any item is only worth what someone is willing to pay for it". In the end, the prospective buying public will determine the final value or selling price. If overvalued by the seller, in the eyes of those prospective buyers, the item remains unsold. Anyway, thats been pretty much my experience. Y'all have a good one!

Black 02

What C5 with 60k miles is going for $28400?

You can buy a super low mileage C5Z for that, most likey less.

ZO6 cracker

This is what I see going on after reading a lot of posts on the forum. This is comparing the c5 Z06 and the C6. Just use auto locator within 500 miles of where you are located and their is not a lot of Z06's forsale. Because these cars are getting harder to find so that's ups the valve. And their are guys that bought c6's and went back to a c5 Z06 because they did not like the car. Their are different situations.

bladex10

The c5 market is so weird right now. Youll see some base C5's going for as low as $7-$10k, Then some with 30-40k miles less with prices of $18k+.

I guess it all depends on how serious you are on moving the car. People who are asking alot are likely sitting on the car for a very long time.

radar502

You think like a real Hot Rodder getting money back out of a Modded ride really been building fun rides for 45+ years and have spend big money on some never to see the money back . The fun factor PRICELESS .I guess it the young people thinking you can get your money back from a modded ride no never could and prop. never will need to go into the deal thinking its going to be a fun ride I will have fun in it and there is a price to pay for that is it a keeper or will I try to sell it later ,need to look into why you are doing this deal in the first place ..Spending money on a old C-5 Corvette is for a cool ride not an investment I have $30-$40 in my 04 get my money back no way some my buds have new C-7s I run around them like there backing up PRICELESS . Money back from a HOT ROD LOL..

doublec4

In terms of the modified vehicles.. as someone mentioned here, people can ask whatever they please for their vehicle. For instance, if I were to sell my car and it's sitting on $6000 wheels, $6000 worth of engine upgrades, and another $3000 worth of body work, I don't expect to recover all of it. However, I will definitely be asking more money for my car than a bone stock C5 all other things being equal (mileage, general condition, etc)

That amount may be coming close to an early C6

zdeckich

Not my car but 02Z 67K miles for $21k. Thats still $7k less than you posted.

https://www.corvetteforum.com/forums...achusetts.html