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What's it worth??
Thread Starter
1st Gear
Joined: May 2011
Posts: 1
Likes: 0
From: Hoffman Estates IL
What's it worth??
I'm curious as to the TRUE value of my 1991 Corvette. I purchased it new at my local Chevy dealer. I always wanted a Vette growing up. It's now 20 years later ... and has only 4,000 total miles. It has NEVER seen a rain drop or snow flake. I always remove my shoes to keep the carpets clean. Stored in a heated garage. Started religiously every two weeks throughout the years. New tires a couple of years ago to be safe. It STILL has that new car smell when you open the doors. I have retired back in January ... and could REALLY use the space in our garage. IF ... I were to consider selling my Baby ... what might I expect to get for it??
Thanks - Tgradtmks
Thanks - Tgradtmks
Safety Car
Joined: Aug 2006
Posts: 4,147
Likes: 452
From: Port St. Lucie West Florida
considering the condition of the car it really should be high but unfortunately this is not a good time to sell. If a serious collector wanted it it should bring alot more than selling privately. Perhaps barret jackson car auction or mecum.One thing to consider is the location. The value will vary in each state. Good luck and let us know
Race Director
Joined: Aug 2000
Posts: 11,470
Likes: 764
(just my 2-cents) - you'll probably not get what you think. low mileage C4's typically do not bring in much more than $15K privately. you may however find someone that wants that exact color or something, but if you pulled in more than $17K or so, i'd be surprised. one thing to keep in mind if you take it to auction, is you'll pay 10% selling fees plus you will have other expenses. no flames, but unless it's a ZR-1, there is nothing special about a 91, it's just one of thousands C4's built. if you do decide to sell, GLWS - 
Drifting
Joined: Apr 2011
Posts: 1,454
Likes: 6
From: Pittsburgh PA
(just my 2-cents) - you'll probably not get what you think. low mileage C4's typically do not bring in much more than $15K privately. you may however find someone that wants that exact color or something, but if you pulled in more than $17K or so, i'd be surprised. one thing to keep in mind if you take it to auction, is you'll pay 10% selling fees plus you will have other expenses. no flames, but unless it's a ZR-1, there is nothing special about a 91, it's just one of thousands C4's built. if you do decide to sell, GLWS -
I have been shopping for over a month now. You should obviously get a premium price but finding a buyer in that range will be difficult.
Just too many cars to chose from. I see plenty of really nice C5s from mid teens to low twentys. I believe it would be a hard sell to get the same money for a C4 no matter how pristine. But it doesn't hurt to try.
Of cars I have been watching on ebay (94-96) , very few are listed as sold. The bids and reserves/asking prices seem to be a couple thousand apart most times. So evidently there are buyers out there. But like myself, not willing to pay the asking prices.
I guess it is a waiting game on both sides of the coin.
Last edited by fendermender; May 2, 2011 at 09:00 AM.
Race Director
Joined: May 2006
Posts: 10,691
Likes: 71
From: Phoenix Arizona
Back in the 80's and 90's the thought was that if you kept a corvette prestine (and long enough) the prices would eventually go up. One of the reasons is that technology (power, comfort, styling) kind of stopped for twenty or so years, and if you wanted those things, the 60's were where it was at. Time and technology have made dramatic changes. Horse power (generally the defining characteristic of the specialty car market) has doubled or tripled in the 21st century. That basically leaves wanting a 91 corvette (unless its a ZR-1) to a narrow band of people who want the car specifically because it is a 91 corvette, or even a specific color. Your car has become a snap shot of an era (but , unfortunately, not a defining one). Add that to the fact that your car is in the middle of a 300,000 car run, and the problem becomes obvious. It's a great car, and a great story. But like a lot of us, time has passed us by. Someone out there wants your car, at a decent price, but its going to be really hard to find him. I'd have to say low teens for a (reasonably) quick sale, mid teens if you can wait. High teens is a possibility, but probably not the way to bet.
Last edited by zr1fred; May 2, 2011 at 09:53 AM.
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From: Overland Park Kansas
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Joined: Dec 2003
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From: Fremont Ca
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You cant ask this here and expect to get an honest answer from the lowballers.I would have no idea what a car like this would be worth.Might get in touch with one of the Corvette dealers and see if they are interested in the car.
Drifting
Joined: May 2010
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What color is the exterior and interior? Cloth or leather? What about any additional options/upgrades when you bought it? Auto or manual? Is it all original except for the tires you just replaced? Too bad you didn't get to enjoy your car as much with just 4,000 in 20 years. Have you tried contacting a dealership to get an idea of what the fair market value is for your area? I'd say you're looking at mid to lower teens for a price. I'd be very surprised if you end up selling it for much higher. Good luck with your sale.
Drifting
Joined: May 2010
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I say post up, with pictures, in the C4 For Sale section anyway. Start pricing at around mid teens, or whatever you're comfortable with, and negotiate offers from there.
Burning Brakes
Joined: Sep 2004
Posts: 998
Likes: 8
I think the thought a few years back was that prices hit rock bottom. That doesn't seem to be the case. I have been watching Mecum auto auctions and they have some really nice C4's that cross the block and they don't even get out over $10K. Certain vettes hold their values better, but the C4, unfortunately, does not seem the case. Now is the best time to add a C4 to the stable if some one were to want one.
Drifting
Joined: Apr 2011
Posts: 1,454
Likes: 6
From: Pittsburgh PA
On the other hand I am seeing extreme low mile examples, such as this, going into upper teens on ebay. I guess some collectors will pay big money for a museum piece. Myself, I'd be afraid to drive it so no point in owning for me.
