LT-4 Collectors Edition Value ?
Thread Starter
Drifting
Joined: Jun 2003
Posts: 1,455
Likes: 5
From: Upstate South Carolina
LT-4 Collectors Edition Value ?
96 Collector's Edition coupe LT4, dual power seats, F45. No mechanical problems, no appearent past body damage, overall nice interior and paint with nearly new tires. Two owner car with 140K. Any idea what it's worth? Thanks.
Le Mans Master
Joined: Oct 2004
Posts: 5,841
Likes: 19
From: CLT, North Carolina
You're opening a can of worms with this one. The price you will want to hear depends on whether you are the seller or a prospective buyer. If you are a seller you will want to hear 14 to $15,000. If you are a buyer you want to hear less than $10,000. Without knowing any more about it and assuming average condition and wear because of the miles I would guess this car would sell in the 10k-12K range. The reason I say that is there are many others for sale right now with lower miles for a little more money. The LT-4 and M6 really help it though. Condition, prior history and maintenance records will make all the difference on this car. I have a 96 coupe with 110k that has been cared for and it can pass for a 30K car but it's still a 110K car at selling time. Condition will help me sell it but it certainly won't bring the price a 60K car would.
Drifting
Joined: Dec 2003
Posts: 1,251
Likes: 1
From: Pueblo CO
Well, I am saving for an LT4, so I've been looking at prices. I know I can get a pretty nice example with between 50-80k miles for $15,000.
They made lots of CEs, so the color doesn't really make them rare. I'm looking for a car with lower miles, so I wouldn't even make a bid on this particular car, but if I was looking for a budget LT4 and could handle the miles, I might bite if a car with 140k miles was priced below 10 grand, but it would have to be in real nice shape for the miles, with a good maintenance history.
Just my opinion though.
They made lots of CEs, so the color doesn't really make them rare. I'm looking for a car with lower miles, so I wouldn't even make a bid on this particular car, but if I was looking for a budget LT4 and could handle the miles, I might bite if a car with 140k miles was priced below 10 grand, but it would have to be in real nice shape for the miles, with a good maintenance history.
Just my opinion though.
Thread Starter
Drifting
Joined: Jun 2003
Posts: 1,455
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From: Upstate South Carolina
Thanks. This is just the kind of information that I'm looking for. I'm sort of seller and buyer. My step father is a whole sale dealer and just bought the car. He doesn't know much about Corvettes and was asking my advice. He didn't know what the Collector Edition was or even that it was an LT-4 until I talked to him. However, an LT-4 would be a nice improvement from my 92 6 speed and for the right price I might buy the car. Any other opinions are appreciated.
Le Mans Master
Joined: May 2006
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From: The left Coast
St. Jude Donor '08
Originally Posted by mstanton
96 Collector's Edition coupe LT4, dual power seats, F45. No mechanical problems, no appearent past body damage, overall nice interior and paint with nearly new tires. Two owner car with 140K. Any idea what it's worth? Thanks.
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Le Mans Master
Joined: Oct 2004
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From: CLT, North Carolina
Z15 Collectors Edition was a $1250.00 option that 5400 folks checked off on the order form. Being a Collectors Edition probably won't add a lot of value because so many of the 1996's (25%) were CE's. I think the main attraction would be that most CE's usually have a nice option package including upgraded Bose with CD, automatic HVAC, power DS and PS Sport Seats and nice looking ZR-1 styled wheels.
Le Mans Master
Joined: Oct 2004
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From: CLT, North Carolina
Originally Posted by Maui
That's 100,000k more miles than my vert and I wouldn't sell it for less than 22k
Le Mans Master
Joined: Feb 2006
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From: Louisiana
Originally Posted by Greg Gore
An LT-4 CE vert with 40K miles is is not a good car for comparison with this one.
Elite Torch Red Member
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From: Exit 89 GSP,Lakewood,NJ The Land Of Mojo
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LT4's usually get $1500-2000 more than the LT1/auto.
Drifting
Joined: Oct 2005
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From: Angier nc
the real question is how much did your dad pick it up for and how much will he let you have it for?for comparison sake i bought my 96 lt4 one year ago with 89k on it.nlack w/tan interior.sport seats,adj. suspension, bose stereo,and auto temp control.some minor scratches and road rash.i paid $13,500.good deal?maybe,but i would'nt have paid anywhere near that with 140k.
Thread Starter
Drifting
Joined: Jun 2003
Posts: 1,455
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From: Upstate South Carolina
Originally Posted by 96 lt-4
the real question is how much did your dad pick it up for and how much will he let you have it for?for comparison sake i bought my 96 lt4 one year ago with 89k on it.nlack w/tan interior.sport seats,adj. suspension, bose stereo,and auto temp control.some minor scratches and road rash.i paid $13,500.good deal?maybe,but i would'nt have paid anywhere near that with 140k.
Racer
Joined: May 2004
Posts: 318
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From: Kissimmee FL
Value?
Actually there were only 2009 CE LT 4 made. In my opinion that will make it more collectable in the future. The LT 4 motor with the 6 sp. will make a difference in value in the future. As a comparison look at the 1970's LT1 and compare that price with a standard 350. Look at a '69 big block compared to a smallblock. If you watch the auctions you will see that the difference between a price for a standard vehicle compared to the same vehicle with a special limited production motor ,there is a hugh difference. yes it will take time but it will happen. Thats 2009 Ce LT4 forever, no more will be made. If you look and listen all you will hear is praise for the LT 4 motor. I can only think that will continue while the # available will slow down. Just my opinion....G
. Should have listened to my father.