David Ferris

Hello all,
Thanks again to everyone who has responded with interest. Just to update you - we are still working through the probate process, but we should get court permission to sell the Corvette soon. I've never done this before, but I obviously didn't expect it to take this long. Thanks for being patient.
Dave

JoesC5

A forum member recently purchased a NEW 2015 Z06 for $15,000 under MSRP with zero miles on the warranty. That should give you an idea of your Dad's Z06's value after to find out from the dealer what it's MSRP was and then factor in the wear and tear on the car and the loss of one year of warranty.

RC000E

End of day, comparing to a new car is one method of valuation, but also looking at comp values is critical. NEW MSRP, via random forum deals that certain dealers throw up for grabs doesn't necessarily define the market.

If it were me selling this car, it'd involved a simple process. Fix the damage, market it via Ebay and possibly autotrader. These are somewhat "dated" methods in a sense, they are not free methods either, but they also contain a certain type of buyer pool...the traditionalist that is about 10 years behind on internet savvy and wants an easy search interface. They aren't scouring the internet, they want to search, find, buy, now...

Reliable and affordable shipping is a matter of Uship.com . You'll get some initial bids from large corporate carriers, along with some bids from private insured carriers. Personally...I've transported the most valuable cars with small, private, 1-3 car haulers...they make it personal, they take pride, etc. I've bought and sold and forums are certainly the place to sell to a target market, but you also have the greatest competition...so it pushes the price down. I'd explore other methods first. End of day, it's worth what someone is willing to pay.

Thunder80

I agree, What someone is willing to pay. that is the KEY

C7-Beast

With the damage and the miles, I don't think you'll get more than 67k. You can get new one's with 12-15% off with no damage and 25 miles. I like that you admitted it was raced but that will not help you from a sales perspective.

I also don't agree that you should fix it. Any buyer worth his salt, will know it was repaired. The paint blend is never perfect and obvious to anyone who knows cars. I think selling it as-is is the best way to go. No surprises for the buyer later.

There is nothing rare about a low VIN car unless it's #1. I know you owe 71k but I think you're going to have to suck up the depreciation to get this sold.

thrilled

It's A Z-06.They are quite popular right now.Especially A used one at A good price.
I would say when you get ready to sell it put A price on it that you think is fair and see how
It goes.

Z0Sick6

Someone scored great .... $59,700 SOLD!

mig1980

holy smokes! How do you know it sold for that? Was it on eBay or something?

thrilled

WOW if that is true someone made out like as fat rat.I was thinking in the high 60's anyway.

Zjoe6

Ouch. I thought I remember him saying they owed $80k on it. It was tracked and a little damaged so that will decrease the value a bit.

seamus2154

Thats all it was worth. Tracked, no service history known, damage in need of paint work. Who would pay retail for that history? 59K was the right number to accept that car as is.

Zjoe6

eBay?

KT.VETTE

I call BS

Paws

I concur.

I had made a higher offer...
no response.

zhopper05

This car was owned by a fellow Forum member - TeamOGI, VIN 0011. We both got ours delivered last year at the museum on December 8th.

David - sorry about your loss.

hope2

so, if 71k is owed why would you not just give it back to the bank?

00pewter

Sorry for the loss of your dad. That's gotta be tough. Is the car still available?

RC000E

If this went for 58k, someone got the best deal on a C7Z to date.

oldgold49er

Sorry for your loss. I lost my dad last year. As far as probate. I learned the hard way. Make sure ALL of your family assets have a designated beneficiary. No probate required. If no designated beneficiary... probate.
Place the house under the "Lady Bird Johnson act" it will protect your parents as the estate(home/property) passes to heirs without any BS.
Nice car. GLWTS

thrilled

On banks can have what is "transfer on death".if that is done on all brokerage,bank accounts etc ,then only need A will for property such as car,land,house etc,etc,etc.