Have C4 prices bottomed out?
04-11-2007, 01:00 PM
#42
Le Mans Master
Most folks are not seriously interested in whether or not these cars are appreciating until they are in the market to buy one. The subject can get to number one in a hurry then.
04-11-2007, 03:06 PM
#43
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That is, with the sarcasm in this response. . . with a few exceptions, C4's will probably never have values worth waiting for -- drive and enjoy them.
08-29-2018, 11:48 PM
#45
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08-30-2018, 12:43 AM
#46
Advanced
I just bought a 92 convert. with just under 18,000 miles for 10,500. if i maintain the car and put 20,000 miles on it in 4 years i will have a hell of a good time and still have a fairly low mileage car worth about 6 grand. a grand a year. dont get better than that. ok i didnt add in maintainance cost, so what. forgot, iam the second owner.
Last edited by new2me92; 08-30-2018 at 12:59 AM.
08-30-2018, 08:46 AM
#47
Wow...this is an oldie!!
They are still depreciating and will be for a while longer....outside of GS low miles...
cars keep getting better!
They are still depreciating and will be for a while longer....outside of GS low miles...
cars keep getting better!
Last edited by 856SPEED; 08-30-2018 at 09:12 AM.
08-30-2018, 11:52 AM
#49
Race Director
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2020 C3 of the Year Finalist - Unmodified
2019 C4 of Year Finalist (performance mods)
2018 C4 of Year Finalist
2015 C4 of the Year Finalist
St. Jude Donor '16
2020 C3 of the Year Finalist - Unmodified
As a whole cars do not make good investments, drive them and enjoy pass them on when your ready for something newer.
08-30-2018, 12:36 PM
#50
I don’t drive my 401(k) and IRA’s and I don’t invest in C4 Corvettes as for price increase speculation.
Thats just me though.
Thats just me though.
Last edited by 856SPEED; 08-30-2018 at 12:37 PM.
08-30-2018, 12:44 PM
#51
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St. Jude Donor '05
Best to look for a car guys arent turning into dune buggys if you want an investment grade ride. Seems to be popular for the C4-5 crowd
08-30-2018, 04:26 PM
#52
Melting Slicks
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Haven't noticed a big change here in the Cincy area..
Sure, there's some high prices, but those cars never sell?
Sounds like the seller isn't serious or is delusional. But they don't seem to be getting those numbers.
Sure, there's some high prices, but those cars never sell?
Sounds like the seller isn't serious or is delusional. But they don't seem to be getting those numbers.
08-30-2018, 04:42 PM
#53
Team Owner
Pro Mechanic
I figure my '92 is worth just about exactly what I paid for it when I got it...9 years ago. So, prices aren't going anywhere. That's fine b/c I didn't buy it as an "investment"....that's for sure.
^^^
:LOL: Now that was funny! And true!
Who TF would turn a 'Vette into a Dune Buggy!?
:LOL: Now that was funny! And true!Who TF would turn a 'Vette into a Dune Buggy!?
08-31-2018, 12:44 AM
#54
Team Owner
Asking and getting are two different things. Barring the few idiots that try to get on the IRS radar, is there a way we can check "SOLD FOR" prices amongst the common folk and not a BJ Auction?
08-31-2018, 01:26 AM
#55
Team Owner
Pro Mechanic
Yes. Log into ebay. Search for C4 Corvettes....then there is a little button that takes you to "completed listings" or something similarly titled. You can see what final bids/sale prices were.
08-31-2018, 07:02 AM
#56
Safety Car
I did that, without going through and entering 5 pages of results into a spreadsheet, just looking at the prices, it would seem the average price would be in the 5 to 8 thousand range.
The 1st 12 in the listing average out to $6115. Then I went and did the bottom 5 as those prices had some higher values, a 10K car and a 15K car, the average price was then $8360. Their prices seemed kind of representative. There are some high and some low prices which tend to average each other out. From scanning through, I would say the average would be $7500 as a best guess.
The 1st 12 in the listing average out to $6115. Then I went and did the bottom 5 as those prices had some higher values, a 10K car and a 15K car, the average price was then $8360. Their prices seemed kind of representative. There are some high and some low prices which tend to average each other out. From scanning through, I would say the average would be $7500 as a best guess.
Last edited by drcook; 08-31-2018 at 07:07 AM.
08-31-2018, 08:23 AM
#57
Team Owner
Sold Items. I was wondering about OUTSIDE of ebay. IS the best we can do KBB?
08-31-2018, 08:45 AM
#58
Team Owner
C4's won't see a rise until the C7 comes out, because then the market will be flooded with used C6's causing the C5's to go downhill as we are now. Only then will most C4's attain classic status and start to climb.
All the more reason to hang on to what we got and buy more from those who are impatient.
All the more reason to hang on to what we got and buy more from those who are impatient.
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08-31-2018, 09:06 AM
#59
Le Mans Master
I don't know if prices have bottomed out or not, but I know they are low enough that the C4's are one of the best bang for the buck cars out there.
They are also low enough that the cost of ownership is also one of the lowest for all cars too. For example, I bought a couple of them as drivers for my 100 mile per day commute. I kept each of them for about 2.5 years and 45k miles. When I sold them I got within a couple hundred of what I paid for them. That is a lot of time, miles, and fun for a couple hundred dollars.
A great time to get a C4. (or an additional one)
They are also low enough that the cost of ownership is also one of the lowest for all cars too. For example, I bought a couple of them as drivers for my 100 mile per day commute. I kept each of them for about 2.5 years and 45k miles. When I sold them I got within a couple hundred of what I paid for them. That is a lot of time, miles, and fun for a couple hundred dollars.
A great time to get a C4. (or an additional one)
08-31-2018, 12:57 PM
#60
Advanced
Prices still pretty high in houston area .... i bought my 96 CE LT1 in April.. 68k on odo ,,all around excellent condition ,, needed tires ,. had a PDI done at a Vette specialty shop ( Franks Vettes ) ,,and bought for $7700.. Had a few of the typical C4 issues ,,but have fixed them all for minimum expense.. As said already ,,,alot of fun for the $$$