What is the value of this 2008 3LT, Z51
#21
Drifting
I have 08 with all options you listed with 50K, 2 owner car garage kept and not a DD
Only thing mine has different is 2 tone interior (factory) with C6 emblem in headrest
I was "kicking tires" (still am) with local dealer that has a 2013 427 in same color . We did not get down to hard numbers, will this week, but via phone/email told me around 27K on trade value for mine
Only thing mine has different is 2 tone interior (factory) with C6 emblem in headrest
I was "kicking tires" (still am) with local dealer that has a 2013 427 in same color . We did not get down to hard numbers, will this week, but via phone/email told me around 27K on trade value for mine
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countryboybob (09-27-2016)
#22
Instructor
I used to be the same way about mileage. Then I lost my sister to cancer in July, about three weeks before what was to be her 40th birthday. Now I drive it like I stole it every day it isn't raining. Life is too short to save the car for someone else.
Last edited by STL_Hokie; 09-26-2016 at 09:07 PM.
#25
Dealer or private? what part of the country? what color? what are the condition of the tires?
assuming: Private party, northern climate, good tires, desirable color.
$27,250 ~ $29,5.
Here is how I came up with that.
My car was a fair deal (2008 3lt /w 36k miles (I think)) that I paid 29k in april of 2015
car has the z51 +1000
car has nav +500
car has roughly 10k less miles +1000
car has dual roof +1000
car is for sale in end of September -7%
sale taking place 1 year later -10%
$29,000 + $3500 = $32,500 (April 2008 price) - 10% (depreciation this year) & 7% for late september = $27,250 ~ $29,500
assuming: Private party, northern climate, good tires, desirable color.
$27,250 ~ $29,5.
Here is how I came up with that.
My car was a fair deal (2008 3lt /w 36k miles (I think)) that I paid 29k in april of 2015
car has the z51 +1000
car has nav +500
car has roughly 10k less miles +1000
car has dual roof +1000
car is for sale in end of September -7%
sale taking place 1 year later -10%
$29,000 + $3500 = $32,500 (April 2008 price) - 10% (depreciation this year) & 7% for late september = $27,250 ~ $29,500
It is a private sale in the south. Red one!
#26
one thing to remember is that 2012 was a different economy than 2015/2016. The 'toy' market has increased significantly over the previous 4 years. What I mean is that 2012 everybody was still licking their wounds from 2009~2010 when they were selling cars for ALOT less than 2007~2008 before we entered the recession. So your $30k car was likely worth $30k every year even as you put miles and years on it because the toy market kept appreciating.
Look at the porsche / classic car market over the last 3 years, some cars have seen 10~20% annual price increases. A porsche 911SC was a 12k car in early 2000, a 15k~ 18k car in 2012, and now can easily sell for over 30k. The tide rises all ships. (IE, i can't wait until the pcar bubble pops and I can pick up one for a wife approved price in the future)
Look at the porsche / classic car market over the last 3 years, some cars have seen 10~20% annual price increases. A porsche 911SC was a 12k car in early 2000, a 15k~ 18k car in 2012, and now can easily sell for over 30k. The tide rises all ships. (IE, i can't wait until the pcar bubble pops and I can pick up one for a wife approved price in the future)
#27
I just bought a fully loaded 08 Convertible with Nav, NPP, Z51, 3LT. 53K miles. I paid 27,900 but there was a trade involved, my 2003 Convertible for which He gave me $21,000. The bottom line is if it feels right, pull the trigger! It sounds like you have a good candidate.
CB
#28
I appreciate all the input and I am going to take a look at the car today provided it doesn't rain. I took a look at a 2012 GS at a dealership yesterday that I liked a lot, too. They are asking 40,000 for it. I may make a 35K offer on it. It is Orange! GO VOLS!
#29
Instructor
I just picked up an 08 with Z51 3 LT chrome wheels option plastic roof option red tint coat paint option. Two tone leather option 13,800 miles absolute perfect condition inside out and underneath were spotless. Purchased from a dealer with 30 day warranty One owner car
$29,500 I'm very happy with it
$29,500 I'm very happy with it
#31
Team Owner
Member Since: Jun 2005
Location: Northern, VA
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St. Jude Donor '15
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