Corvette purchase
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Joined: Sep 2013
Posts: 93
Likes: 20
Corvette purchase
Well gentlemen I am looking at buying a 86 yellow convertible with 23600 miles I was wanting to know if 14,000 is high, I have looked around and found numerous different price ranges and wanted to get some opinion's. The veh appears to be in good condition and is a one owner car, this is my first vette and want to make a sound decision.
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Le Mans Master
Joined: Dec 2006
Posts: 5,139
Likes: 482
From: H-Town Texas
Don't let this be the only one you look at and drive. There's always someone around the corner with a better car and bigger motivation to sell. If you have to wonder if it's too much, it probably is. However, if you really like it, and it's like new, and you can swing it, I don't think anyone is going to blame you if pay a little much.
Racer
Joined: Feb 2002
Posts: 311
Likes: 1
From: Kansas City MO
Depends on...
I'll weigh in.
Sounds a touch high to me but I've never seen the car.
A lot of this depends on you and your history/plans. If your intent is to buy something fun and enjoy it for 3 plus years and this Vette is super clean and calling your name go for it. If on the other hand there is any chance that you will need/want to sell this car and try to recoup your investment in 6 months to a year...don't buy it. My opinion is that you would be hard pressed to recover your $14K.
Good Luck with your decision!
Sounds a touch high to me but I've never seen the car.
A lot of this depends on you and your history/plans. If your intent is to buy something fun and enjoy it for 3 plus years and this Vette is super clean and calling your name go for it. If on the other hand there is any chance that you will need/want to sell this car and try to recoup your investment in 6 months to a year...don't buy it. My opinion is that you would be hard pressed to recover your $14K.
Good Luck with your decision!
Racer
Joined: May 2013
Posts: 405
Likes: 15
From: Panama City Beach Florida
94 Conv w/23000 miles
I paid $14500 for my one owner and he had all the maint records, car fax, manuals, even a 94 corv VHS tape from Chevy, (had to find a player), etc.. I feel in love with it when I saw it! He even had the wheels sent off to be chrome plated. It's all what you are willing to pay, within reason, as others have said. Good luck!
Instructor
Joined: Sep 2012
Posts: 204
Likes: 3
From: Bristol Rhode Island
27 years old and such low miles.Beware of ANY rubber/plastic components as they're time sensitive and not miles sensitive.Things like window seals,electrical plugs,or valve stem seals.If they're original the valve stem seals are useless and it likely smokes on startup.
I'm into my 60k mile '89 for over $18k minus $6500 buy in.
I'm into my 60k mile '89 for over $18k minus $6500 buy in.
Racer
Joined: Apr 2012
Posts: 373
Likes: 31
From: Albion, Indiana
look at similar cars and what they are selling for.......mileage/condition/records/convertible vs. hardtop/etc......
Le Mans Master
Joined: Jul 2009
Posts: 6,381
Likes: 66
From: SF bay area C.A.
C4 of the Year Finalist
Drifting
Joined: Mar 2012
Posts: 1,492
Likes: 61
From: New Jersey
Does it have new tires? How about the fuel injectors, coolant hoses, vacuum hoses, drive belt, weatherstrip, brake hoses, etc. When was the last time the trans fluid was changed? How about the brake fluid. If any of these are older than a few years then you are going to have to do some maintenance. That takes money as we all know and use it to negotiate the price.
How long has it been for sale. If it is on Craigslist you can go back and check earlier dates. The longer it has been for sale the more negotiating room.
Is $14k the asking price or bottom line after negotiating? If it's the asking price, offer 12K and see what happens.
In the end, however, only you can make the decision if it's worth it to you. Good luck with the purchase.
How long has it been for sale. If it is on Craigslist you can go back and check earlier dates. The longer it has been for sale the more negotiating room.
Is $14k the asking price or bottom line after negotiating? If it's the asking price, offer 12K and see what happens.
In the end, however, only you can make the decision if it's worth it to you. Good luck with the purchase.
Race Director
Joined: May 2006
Posts: 10,691
Likes: 71
From: Phoenix Arizona
I guess if you specifically want a yellow '86 vert. (all 86 convertibles are "pace cars"). If you are just looking for a corvette, or at resale, there are lot of better ones for that money.