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Jul 11, 2008 | 05:56 PM

markiemark

Thread Starter

Melting Slicks

Joined: Oct 2005

Posts: 2,972

Likes: 20

From: N.Y./F.L

Help PLEASE!

I found a 89 Vert for my dad. It's his 1st Vette and wants a vert. My question is what is a good price for it? Details:
89 red with red interior white top
auto
27,500 miles.
owned for over 15 years, 2nd owner
Never seen rain
spotless
owned by car collector
I'm trying to get it for around $14500 -$15000
Is this a fair price for the car? Thanks in advance.

Jul 11, 2008 | 06:10 PM

All2kool

Drifting

Joined: Oct 2006

Posts: 1,694

Likes: 0

From: Beaverton Oregon

Quote:

Originally Posted by markiemark

Seems a bit high for a 20 year-old car, regardless of the low miles. $9-11k seems more in line with the market.

Jul 11, 2008 | 06:11 PM

Garret

Race Director

Joined: Jul 2007

Posts: 10,694

Likes: 1,132

I believe in the Beer Fairy

What does KBB and NADA say...that is what I would pay. It's worth what someone will pay for it.

Jul 11, 2008 | 07:08 PM

corvettedan22

Melting Slicks

Joined: Jan 2004

Posts: 2,659

Likes: 3

From: Oxford CT

I think for a car you describe, in excellent condition with the low miles

I would not hesitate to pay 10-15k for that car !

Jul 11, 2008 | 07:18 PM

c4sailor

Pro

Joined: Apr 2008

Posts: 541

Likes: 0

From: Wichita Kansas

For Perspective. There is a clean 87 (high dollar repaint on it) out here offered for 13,500 with close to 100K on it. Been on the market for a month, still not sold.

Jul 11, 2008 | 07:27 PM

zr1fred

Race Director

Joined: May 2006

Posts: 10,691

Likes: 71

From: Phoenix Arizona

That's pretty close to C5 vert prices. ($15k-$20k)

Jul 11, 2008 | 07:58 PM

pkazsr

Le Mans Master

Joined: Jul 2007

Posts: 5,356

Likes: 2

From: No HOA, New Hampshire

Cruise-In X Veteran

St. Jude Donor '09

Can I be your step-dad without meeting your Mom?

Jul 11, 2008 | 08:07 PM

Eyeguy77

Instructor

Joined: Jul 2006

Posts: 177

Likes: 0

From: Eau Claire WI

I would expect to see that car listed private party in the WI/MN area for $11000-13000. Still doesn't mean they would get that.

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Jul 11, 2008 | 09:44 PM

markiemark

Thread Starter

Melting Slicks

Joined: Oct 2005

Posts: 2,972

Likes: 20

From: N.Y./F.L

Thanks for the replies. It is supposedly showroom condition and the white top looks like it is out of the showroom. I'm gonna take a look at it Sunday a.m. I'm thinking $14k. He wanted $15800. My dad is really into the low mileage aspect of it. I was pushing him for a 92-96 or even a higher mileage C5! He wants a Vert and doesn't want to spend $20k......

Jul 12, 2008 | 01:52 AM

#10

corvettedan22

Melting Slicks

Joined: Jan 2004

Posts: 2,659

Likes: 3

From: Oxford CT

If thats asking I would start with an 11 offer, and work up to your 14 range after that

Jul 12, 2008 | 05:55 AM

#11

Weav's Vet

Safety Car

Joined: Dec 2007

Posts: 3,616

Likes: 5

From: Sandhills of North Carolina

Quote:

Originally Posted by corvettedan22

If thats asking I would start with an 11 offer, and work up to your 14 range after that

Even with the low miles things still go bad with age. Seals dry out, hoses weaken, electronics go bad etc, etc. 11k is about right to start.

Jul 12, 2008 | 12:32 PM

#12

Matatk

Drifting

Joined: May 2007

Posts: 1,440

Likes: 19

From: SW Chicago Burbs IL

I wouldn't pay more than 12,000 for it. I saw a nice 95 convertible with about 50,000 miles last month at a dealer for just under 16,000.

Here's an 89 with 90,000 miles and a hardtop in Chicago. The guy has been trying to get rid of it for a year. Asking $9,000.

http://chicago.craigslist.org/chc/car/748683580.html

Matthew

Jul 13, 2008 | 08:46 PM

#13

markiemark

Thread Starter

Melting Slicks

Joined: Oct 2005

Posts: 2,972

Likes: 20

From: N.Y./F.L

Well, my dad pulled the trigger. The car is Spotless! In a tiled heated and cooled garage with an 03 Z with 1100 miles on it and a 70 4spd with 43k on it! This garage was amazing! 70 SS454 Chevelle in there and the 1st Harley Davidson Edition F150 from I think 2000 with 700 miles on it! We got the Vette for a hair over 14k. He owned it for 18 years and kept it perfect! It might be a little on the High side but it is just what he was looking for, a low mileage Vert to enjoy! I'll keep you posted and put up some pics too!

Jul 13, 2008 | 08:52 PM

#14

markiemark

Thread Starter

Melting Slicks

Joined: Oct 2005

Posts: 2,972

Likes: 20

From: N.Y./F.L

Here's a few pics that he sent me! I forgot my camera today!

Last edited by markiemark; Jul 13, 2008 at 09:06 PM.

Jul 13, 2008 | 09:17 PM

#15

1bdvet

Team Owner

Joined: May 2000

Posts: 53,573

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From: Plantation Florida USAF(Retired) 1966-1990

U.S. Air Force

St. Jude Donor '05 thru '26

NCM Sinkhole Donor

It looks just mine does, same year and color, and I think it's little high in the price.

Jul 13, 2008 | 09:40 PM

#16

patsfan

Drifting

Joined: Jun 2005

Posts: 1,781

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From: Swanton VT 2000 Navy Blue Mettalic M6 / 1991 Auto - Steel Blue 68,500 R.I.P

Congrats and It sounds like you got the car you wanted at the price you wanted. Can it get any better then a seller and buyer happy with the outcome ?