C4 prices
Burning Brakes
Joined: Nov 2006
Posts: 763
Likes: 2
From: Weston FL
Thread Starter
Burning Brakes
Joined: Jan 2005
Posts: 804
Likes: 1
From: The land of 10,000 lakes ,Minnesota 89 coupe 6speed with 383 and 89 roadster 6speed bonestock with XXX low miles
Everyone likes to think their car is "good condition" but chances are. . .it is only "average" in this context. In this case, a good condition car would likely have zero paint chips, no paint color fade, an interior that is like new, it would be 100% original, and more. Very few of us have above average cars, no matter how much we think we do, and in this table "good" condition is "above average". With that in mind, your 12k selling price would be right on. I know. . .my 88 has only 52k miles and has been a garage queen most of it's life, still, it would only be average in this context.
I could not agree more!!
Le Mans Master
Joined: Dec 2002
Posts: 6,715
Likes: 2
From: Santa Teresa New Mexico
Drifting
Joined: Dec 2006
Posts: 1,771
Likes: 1
From: Cuyahoga Falls Ohio
If you want to have some fun, go over to the C5 for sale section, there's a thread about C5 prices. Some of those guys don't realize, they're right on the edge of taking it in the shorts on their car price.
I bought my 87 for $7k. If it falls 50% in value, I lose $3.5k. Some of those guys paid $28k-$30k for their car. If they lose 30% in valuation, (which I think is likely in the next couple years), they lose $10k.
We don't have it so bad.
I bought my 87 for $7k. If it falls 50% in value, I lose $3.5k. Some of those guys paid $28k-$30k for their car. If they lose 30% in valuation, (which I think is likely in the next couple years), they lose $10k.
We don't have it so bad.
Safety Car
Joined: Oct 2007
Posts: 4,426
Likes: 229
From: Pennsylvania
Change in subject
It seems to me that a bunch of C4 owners themselves on this forum are BENT on keeping values low on these cars. Notice how many smart a-s comments are made about their own Vettes and how they abuse them because they don't care. Maybe its time they sell their cars and move to a "ricer". Something that deserves being ripped on! Quit going on and on about values. It's getting REALLY OLD now!
Le Mans Master
Joined: May 2006
Posts: 9,226
Likes: 9
From: Irvine Ca
^^^Huh?
According that export testimony (or list of prices that the Mag produced) I paid $4000 less for my 60k mile Garage Queen '84......and the lady had it listed for over 6 weeks. One guy came to look at it before I had.
Fourspeed, No list or "wishing" can put a value on a used car. Only what one guy will pay and another will agree to take.
When you figure out a way to change that simple "Free Market Truth" let me know, We'll go into businesses together and get richer than Bill Gates.
According that export testimony (or list of prices that the Mag produced) I paid $4000 less for my 60k mile Garage Queen '84......and the lady had it listed for over 6 weeks. One guy came to look at it before I had.
Fourspeed, No list or "wishing" can put a value on a used car. Only what one guy will pay and another will agree to take.
When you figure out a way to change that simple "Free Market Truth" let me know, We'll go into businesses together and get richer than Bill Gates.
Last edited by jhammons01; Feb 17, 2008 at 02:58 PM.
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Safety Car
Joined: Nov 2005
Posts: 4,590
Likes: 48
From: W MI
Everyone likes to think their car is "good condition" but chances are. . .it is only "average" in this context. In this case, a good condition car would likely have zero paint chips, no paint color fade, an interior that is like new, it would be 100% original, and more. Very few of us have above average cars, no matter how much we think we do, and in this table "good" condition is "above average". With that in mind, your 12k selling price would be right on. I know. . .my 88 has only 52k miles and has been a garage queen most of it's life, still, it would only be average in this context.
I have good condition seat covers with no rips or tears, but I am replacing them this spring. I hate those little crease marks that settle in with age. Paint is minty and was redone in 2005, there is not a single chip anywhere. Top and windshield replaced in 2003, all weatherstripping as well. Only issue is the header piece isn't great so that is being replaced. New wheels and tires in 2006, new stainless exhaust from stock shorties back in 2004. New GM dash plastics in 2007 for the cracks near the screw holes. Former owner(corvetteronw) spent a lot of cash working on this car. As well, there are receipts showing the maintenance from day 1. I have always replaced parts with GM or ACDelco.
That said, I still believe the prices they list are very optimistic. I would s*** my pants if I were selling and got 12k.
Last edited by 80sRule; Feb 17, 2008 at 07:27 PM.
Drifting
Joined: Oct 2005
Posts: 1,457
Likes: 9
From: Minneapolis MN
The original is where you get me. I have an aftermarket exhaust and non-stock wheels.
I have good condition seat covers with no rips or tears, but I am replacing them this spring. I hate those little crease marks that settle in with age. Paint is minty and was redone in 2005, there is not a single chip anywhere. Top and windshield replaced in 2003, all weatherstripping as well. Only issue is the header piece isn't great so that is being replaced. New wheels and tires in 2006, new stainless exhaust from stock shorties back in 2004. New GM dash plastics in 2007 for the cracks near the screw holes. Former owner(corvetteronw) spent a lot of cash working on this car. As well, there are receipts showing the maintenance from day 1. I have always replaced parts with GM or ACDelco.
That said, I still believe the prices they list are very optimistic. I would s*** my pants if I were selling and got 12k.
I have good condition seat covers with no rips or tears, but I am replacing them this spring. I hate those little crease marks that settle in with age. Paint is minty and was redone in 2005, there is not a single chip anywhere. Top and windshield replaced in 2003, all weatherstripping as well. Only issue is the header piece isn't great so that is being replaced. New wheels and tires in 2006, new stainless exhaust from stock shorties back in 2004. New GM dash plastics in 2007 for the cracks near the screw holes. Former owner(corvetteronw) spent a lot of cash working on this car. As well, there are receipts showing the maintenance from day 1. I have always replaced parts with GM or ACDelco.
That said, I still believe the prices they list are very optimistic. I would s*** my pants if I were selling and got 12k.
Melting Slicks
Joined: Sep 2006
Posts: 3,194
Likes: 27
From: Monroe Twp, NJ
Problem is to many Corvette owners use Kelley Blue Book or Edmund's to get there price quote and usually give them away for less then what the selling price should be for a Corvette. Your not selling Caviler,but a Corvette. Use the price guides the people who know Corvettes and who enjoy the hobby use. Unless of course your in a hurry to unload your Corvette then take the hit and move on. I could of bought a pristine C5 this summer for $18,000. The car had every option with chromed wheels and was beautiful. The seller kept telling me I have got to get that new C6 I just test drove one. He was literally begging me to steal his C5. The dealer must of been greedy because they could of sold this car on the their for well over 20 Grand. IF I had the cash I could of made a quick $5 Grand by reselling it.