I have noticed that the C5 prices are dropping pretty good. I think people are getting rid of them for the C6. Now my C4 is really old , so what is IT worth? Extensively modified, fast, but not original. 396 LT1, D44, lowered, mods after mods after mods, and runs 11's. 15k?17K? 20? Just curious how people feel, and see what htey think.

 

To bad it is only worth what the buyer is willing to pay. Why would you want to sell it? Some guys remove the mods and make it as stock as they can which sometimes sells the car faster. Then you sell the mods separately.

 

If your like me, after you see the price cars like yours are going for, you'll put a quick end to thinking of selling it.

If I had sold mine before the C6 came out, I would have one by now. But I chickened out, and now I would rather keep my vert than sell it for what most of them are going for. (there ARE those occasional sales where just the right buyer finds just the right car.... but that's pretty rare)

That has delayed my C6, but not eliminated it. Now I'll have to wait until the fall of 06 to get one, but in exchange for my waiting I'll end up with 2 vettes in the driveway.

The biggest temptation I have is that for less than the cost of selling my vette and buying a new one, I can now add a nice, used, propperly-modded '01 or even '02 and keep my '86 and still be paying less money per month.

So thanks to the drop in the market hitting the c5's worse than the c4's, you can buy a great 3 year old vett and keep the one you have for a lower total expenditure that if you sell your C4 and pay the difference to get a new C6.

 

I think my 92 is probably worth about 11K. I paid 14.8K just 2 years ago. (which was too much - but it's REALLY clean) These are not investment cars.

 

Around here (Michigan), modded cars will generally be worth less than original stock cars. This is esp. evident with the ricers. I am amused by how many of these guys put their cars up for sale listing all the $$$ value of the mods... only to ask a very small fraction of that price.

 

I think you are going to see the C5's going for the same price as a C4 in two years or so. Anything used is only worth what someone is willing to pay.
One thing to think about is that the C4's were the most expensive Vettes to buy when new. In 93 my Vette cost the same as a 2003.
I think that the C4 prices will start coming up soon but I still wont sell mine. But I don't think that non-stock and base Vettes (C4's) will ever pull a high price again. Just the select few (Annav. , ZR-1, GS, ect...)

 

Gonna have to bury me in mine cuase it aint worth crap despite having untold $ into it.

 

Any idea how much a 10' X 20' piece of land with an ocean view is going for?

 

Unless you find an interested buyer who is familiar with you, your vette, and what you've done to enhance the performance of the car, and is willing to pay for it. If not, revert to the upper quote.

I have a C-4, 91 Coupe, and the money I've invested, and thinking of investing will have to be chalked up to "money for a hobby." Any thing old is either old and has no value, or an antique and has some value or rare, and has more value, or really rare (Classic), and has a lot of value. And, the amount of value is commensurate to the condition of the item.

Merry Christmas,
Joe B.

 

I paid 12K for my '95 a couple of years ago and probably have over 20K in it now, easily. It would take a ridiculously high price to even get me to think about selling it. I know that's not going to happen but that's okay because one of my heirs will be the next owner.... Admittedly, I've never been more attached to an unliving thing.

 

From a first time buyer's perspective ...... I need to use my first Vette (I'm 50+) for a daily 50 mile/day driver not just a weekend rice/stang killer. Thus All of the mods that are put into your cars are of little value to me because frankly I don't want a car that's been beat.

Please understand no offence is meant here.

I'm sure that the vast majority know what they are doing and it has really enhanced the ride & performance of your vett but it's really of small value to the buyer unless he/she is familliar with the specific things that you've done to your car. From my view, you (as was said previously) have to chalk that cost up to your hobby cost. Many of us no longer have the time to invest in lots of wrenching every weekend and if I have to take the car to my favorite mechanic it's a lot easier for him to diagnose problems if the car is stock.

For the price that I'm going to pay for the 96CE that hopefully will be mine by the end of this weekend I could have purchased a high milage 97 or 98 but I happen to like the looks of the C-4 much better than the big-butt look of the C-5.

To each his own ..... but my view is that if you're going to sell your C-4 to a guy like me you're better off putting it back to stock. This is true not just for Vetts but for lots of cars. I also own a couple a Maximas (the other forum that I belong to) Some of those guys dump just as much money into their cars and they bitch and bitch because the mods return only pennies on the dollar at resale time.

Just my $.02 as I've been looking real hard for the past 6 months for my first Vette. And man I am soooooo glad that it's going to finally happen

Peabody

 

Congratulations! But when you're ready, go for a ride in a highly modified Corvette .. Then tell us what you think about modded Vette's .. my .C02

 

JMO, but my 91 red vert with chrome sawblades and a few billet add ons is as pretty as any C5 out there. Seeing C4's, especially nice ones, around my area is a rare treat. C5's are just an everyday thing. There are too many of them around and that is why I like my C4 vert. I am computer dumb so if anyone out there would do me a favor, go to www.ridesgonewild.com and then go to the car show section. Under the 2004 Team Aggression car show in Smithville, Tn heading, you will find my vert in a local car show. If someone could please post that on this site. I think my car is just as nice as any C5. IMO. Thanks in advance. I need to learn how to do that.

 

First off, no offence taken. But, there is always more then one way to look at things.
You say from a "first time buyers perspective" that you would not buy a modded Vette. Now to a point I agree with you. I would not buy a "highly" modded Vette that I did not know the guy who owned it. But from my perspective as a man that throughout his life has raced cars, street bikes, dirt bikes, boats, jetski's and snowmobiles in all different types of events, know one thing to be true. Some one that mods his car and races his car, tends to take better care of it. Garage queans that sit a lot tend to have thing dry out and break from lack of use, that's why I would never buy a car that's 10 years old or older with extremely low miles. I would look for something that would have somewhere around 5000 - 8000 miles per year put on it.
Now you take someone that mods his Vette will most likely put at lest 5000 miles a year on it. Unless it's "highly" modified and is set aside for racing. Guys that mod their cars take a lot of pride in the car and the work that has gone into making it what it is. They like to show it off. And the only way to show it off and be proud of what you are showing is to take very good care of it. Not like others that wash and wax the car, keep it clean but besides that they don't do much to it. They drive it around thinking that it looks so nice and will most likely sell it before something fails. Then they guy who buys this low miles car that looks so great that it had to be taken such great care of starts having things that break. Now guys that mod their cars, they don't drive it until something breaks, they know the car well enough and take well enough care of it to find things that are going to fail before if breaks and takes something else with it. These cars will have the thing that will break from normal use already replaced and replaced most of the time with something better.
Just some food for thought.

 

I'm not sure I agree with that...

When I was pricing vettes, I did not even consider modded ones.
I Thought of it this way. If it's fast, and has been built for racing, chances are it has been beat hard. Nothing breaks things quicker then dragging... at least in my experience...

It's my opinion that stockers are worth more then modded vettes.
At least that's been my personal experience.

 

I am going to try to post a photo here, so wish me luck.

 

All my cars Ive ever owned are more than qualified to be considered highly modified and I have to admit I baby my cars and hardly consider a little spirited driving abusive......meaning I tinker with them more than I drive em, they are modded cause one must be able to back up the looks of the ride...
87 gn=heads,cam,intake extra large turbo
87 gn stock
89 convertible vette 396 stroker juice motor still in tuning

simply for the fact I have knowledge of my own cars motors I would not hesitate to purchase any modded car but first without having a quick go over for it will end up modded anyways in one way shape or form.....besides c4 vettes are exactly collector cars besides the select few.....

 

[IMG]www.ridesgonewild.com/index2.htm/P9040006.JPG(not linked)[/IMG]

 

I believe they are only what someone will pay for them, modded or not.
Personally, I'm modding mine, but only internal mods that pass the CA sniffer and my pocketbook. Visually, I like mine stock and clean. If I were to resell mine which I've considered lately I would probably be inclined to mention the mods only to someone that understood why; otherwise I'd be concerned about someone assuming the car was abused which couldn't be further from the truth. Personally I wouldn't buy a modded car. That's just me though

 

I believe they are only what someone will pay for them, modded or not.
Personally, I'm modding mine, but only internal mods that pass the CA sniffer and my pocketbook. Visually, I like mine stock and clean. If I were to resell mine which I've considered lately I would probably be inclined to mention the mods only to someone that understood why; otherwise I'd be concerned about someone assuming the car was abused which couldn't be further from the truth. Personally I wouldn't buy a modded car. That's just me though