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C6 prices now that C7 is here

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Old 09-26-2013, 10:00 AM
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SpeedUp
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Default C6 prices now that C7 is here

I am finally in the market to trade my C5 for a C6 .

How do you think the new C7 will affect C6 prices overall? I am sure there are all kinds of variables, but in general, what has history shown to happen to past model years values when new ones come out?

Thanks much!
Old 09-26-2013, 10:09 AM
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not08crmanymore
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C6 prices have been great for almost a year now.15+- (17% or so) grand or so off sticker if you qualify,which you do since you own a Vette. Look at MCMAULKIN or Kerbeck is they have any left.
Old 09-26-2013, 10:10 AM
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Old 09-26-2013, 10:17 AM
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Originally Posted by 02Vert
I am finally in the market to trade my C5 for a C6 .

How do you think the new C7 will affect C6 prices overall? I am sure there are all kinds of variables, but in general, what has history shown to happen to past model years values when new ones come out?

Thanks much!
I think the C6 prices will drop - but not right away. With any major style change, it often takes time for people to warm to it and start unloading their old style Vettes... Personally, I don't think the market for first time buyers is the Corvette mainstay - I think current or former Corvette owners seem to be the largest market share... As such (in my opinion) Corvettes don't seem to follow the normal trends where the old models drop in price immediately upon release of the new models...

Personally, I would say it will be 1-3 years before you will see appreciable drops in C6 pricing.
Old 09-26-2013, 10:23 AM
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I think the introduction of the C7 will stabilize the prices of the C6 market due to the fact the C7 will be selling for MSRP initially. So now is a good time to shop for a C6 if that is what you want.
I think the C7 will have more of an impact in a year or so on the used Vette market.
Old 09-26-2013, 10:25 AM
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Originally Posted by 02Vert
I am finally in the market to trade my C5 for a C6 .

How do you think the new C7 will affect C6 prices overall? I am sure there are all kinds of variables, but in general, what has history shown to happen to past model years values when new ones come out?

Thanks much!
My feeling/opinion is the C5's will take a bigger hit than the C6's. There is a market for new cars and different market for used cars. There are a lot of people that want a Corvette but are not ready to buy new one. I have owned a C3, C4, C5 and now a C6. Maybe in 2015 I will go for C7 but until then I am enjoying the C6.

Dealer trade in offers on a C6 for a C7 will take a hit but the retail market for clean low milage C6's will hold. The C5 retail market will take the biggest hit. The above is my opinion only. I am not in the car business.

My best ever car deal was a used 1964 Corvair Convert that I purchased used for $400, drove it for three years and sold it for $450. Those days are gone forever.
Old 09-26-2013, 10:28 AM
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I've been watching this for awhile now. All summer. To me the prices are still on the high side and I haven't seen a deal that makes me wanna go dig up my checkbook. I've been looking for a good deal on a 12-13 C6, but the current asking prices are pushing me toward ordering new. Asking prices, at least up north will drop a bit due to the season, but I'm beginning to think you won't see a big drop in the used C6 market until a significant amount of C6s are traded for C7s. New C6s except the high dollar/high optioned cars are mostly gone, so not many new C6 deals anymore...
Old 09-26-2013, 10:31 AM
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I've been watching this for awhile now. All summer. To me the prices are still on the high side and I haven't seen a deal that makes me wanna go dig up my checkbook. I've been looking for a good deal on a 12-13 C6, but the current asking prices are pushing me toward ordering new. Asking prices, at least up north will drop a bit due to the season, but I'm beginning to think you won't see a big drop in the used C6 market until a significant amount of C6s are traded for C7s. New C6s except the high dollar/high optioned cars are mostly gone, so not many new C6 deals anymore...
Are you kidding?? C6'S for as low as 39 grand??GS's that sticker for 63 grand can be had for 48ish...and that's not a good enough deal?? I suggest you reconsider or you will wait yourself right out of any shot at getting a new C6 at any price.
Old 09-26-2013, 10:32 AM
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Originally Posted by dvilin
I think the introduction of the C7 will stabilize the prices of the C6 market due to the fact the C7 will be selling for MSRP initially. So now is a good time to shop for a C6 if that is what you want.
I think the C7 will have more of an impact in a year or so on the used Vette market.
In addition to the 'C7 factor', this time of the year will contribute to some discounting. I see there is another $2K rebate that recently went into effect, along with the $3K Corvette loyalty rebate.
Old 09-26-2013, 10:38 AM
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Just my observation, when I bought my '05 3 1/2 years ago I paid $30K, lots of people here on the Forum said I paid too much, should have paid in mid to upper 20's (even though my specific car book valued for $32K). At that time I saw some '05's going in the lower 20's. In a couple of recent '05 price range threads, mid to upper 20's now seem to be an acceptable price. This has me wondering if with the intro of the C7 and it's lukewarm reception (many folks don't like it's looks) the C6 value's have inched upward and might stay there for awhile...as I said, just my observation!
Old 09-26-2013, 10:57 AM
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I don't know if your buying new or used but the deals on leftover 13's are great! I got $12300 off a new 1LT Grand Sport(with owner loyalty) 6 months ago. Sold my C5 privately. If your gonna pay high 30's for a used C6 you can get a new 1LT C6 for around $42k so that's the better way to go.
Old 09-26-2013, 11:02 AM
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Originally Posted by not08crmanymore
Are you kidding?? C6'S for as low as 39 grand??GS's that sticker for 63 grand can be had for 48ish...and that's not a good enough deal?? I suggest you reconsider or you will wait yourself right out of any shot at getting a new C6 at any price.
First, these $39k new C6 deals don't exist anymore, and if they did I don't own a corvette so not worthy of a loyalty discount even though I have 3 GM cars in the garage. As far as the hypothetical $48k GS, I don't care if the GS is a 5LT, I'm not gonna pay mid 40s for one when I'm $10k away from a C7. Should add that I am really looking in the 12-13 used market and I feel that is too high as well.

Last edited by DAFFYDRUNK; 09-26-2013 at 11:04 AM.
Old 09-26-2013, 11:23 AM
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So you'd pay 30 something for a 3-4 year old car but not 40 something for brand new??Okie dokie.And C7's will be in the high 60's more then likely in the real world.Even at close to 60 not loaded.But hey,what do I know,I just drive a 2013 2lt GS that stickered for 63ish and I got for 48 and change.
Old 09-26-2013, 11:56 AM
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Originally Posted by not08crmanymore
So you'd pay 30 something for a 3-4 year old car but not 40 something for brand new??Okie dokie.And C7's will be in the high 60's more then likely in the real world.Even at close to 60 not loaded.But hey,what do I know,I just drive a 2013 2lt GS that stickered for 63ish and I got for 48 and change.
Dang. Looks like I got a live one...

Yes, I'd pay $30k but it depends on the car, and with Corvettes there are too many possibilities to cover all arguments without writing a book. Used 09 ZR1 for $30k? Hell yes! $30k for a nice ~30kmi 1lt 08 coupe? No. I think it's worth $25k.

Not sure when you purchased you car, but If you did not get it recently, then you are probably not aware of remaining stock being mostly high option stuff. You cannot get a new $39k C6 Corvette anymore. Never could if you were not a current Corvette owner. Also, I don't understand buying left over GS of any option level when you can wait a little while and get a C7 for a little more. I'll even toss the 427 in there. Nice car but would you rather have a left over 427 or a 14 convertible? If you're into options, you can get a pretty well equipped C7 for the current 427 prices.

I don't need lots of options myself though. I can order a C7 convertible 1LT with no options beyond Nav for $57.8k less whatever GM Card points I can use.
Old 09-26-2013, 12:15 PM
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Sure OP the "6" prices will drop like a rock...
Old 09-26-2013, 12:33 PM
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Call Mike Furman. He has 25 C6's in stock as of yesterday. Good luck
Old 09-26-2013, 01:47 PM
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Under 40K for a new Vette was just like Santa Claus and Christmas morning. I got mine with A6 for 39.6.....thanks Kerbeck. You won't see this again unless the Pres drives the economy off the cliff.

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Old 09-26-2013, 02:00 PM
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Originally Posted by mickey5
Under 40K for a new Vette was just like Santa Claus and Christmas morning. I got mine with A6 for 39.6.....thanks Kerbeck. You won't see this again unless the Pres drives the economy off the cliff.
Again?
Old 09-26-2013, 02:07 PM
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Originally Posted by mtnman
Again?
Sh*t happens.
Old 09-26-2013, 02:53 PM
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