Why are C4's so cheap
#1
Instructor
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Member Since: Nov 2005
Location: Oahu Hawaii
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Why are C4's so cheap
I keep seeing C4's in decent condition for around 4-8k... any reason why people are getting rid of C4's? And these guys are legit trying to sell them.. I called and asked... yes I am currently in Hawaii
http://honolulu.craigslist.org/oah/cto/2518523610.html
http://honolulu.craigslist.org/oah/cto/2523021425.html
http://honolulu.craigslist.org/oah/cto/2500127649.html
http://honolulu.craigslist.org/oah/cto/2500127649.html
http://honolulu.craigslist.org/oah/cto/2497990781.html
http://honolulu.craigslist.org/oah/cto/2484802660.html
http://honolulu.craigslist.org/oah/cto/2518523610.html
http://honolulu.craigslist.org/oah/cto/2523021425.html
http://honolulu.craigslist.org/oah/cto/2500127649.html
http://honolulu.craigslist.org/oah/cto/2500127649.html
http://honolulu.craigslist.org/oah/cto/2497990781.html
http://honolulu.craigslist.org/oah/cto/2484802660.html
#4
Well lets list the problems the C4 has.
1. The interior falls apart, the door cards are garbage, the Bose system is unmaintainable, the seats get worn out, the tilt loosens up, and the heater cores disintegrate. You will find these hard to fix problems on a lot of the examples you look at.
2. Exterior - the paint is expensive to get fixed as is any body damage. Did I mention the headlights stop working from wear and tear? Removable tops get damaged, a lot. The weather striping will need replaced.
3. Drive train - Can you buy flywheels for the ZF tranny now? 350 hp was fine for 1990 but is a little low for a modern performance car, this assumes you buy a lt car.
4. I don't know if you noticed but the economy is not exactly doing well. The middle class is getting destroyed. The poor only have 8k to spend and the rich would never buy a used c4 unless it had 300 miles on it.
Anyway it is a great time to buy, not as great time to sell a C4.
1. The interior falls apart, the door cards are garbage, the Bose system is unmaintainable, the seats get worn out, the tilt loosens up, and the heater cores disintegrate. You will find these hard to fix problems on a lot of the examples you look at.
2. Exterior - the paint is expensive to get fixed as is any body damage. Did I mention the headlights stop working from wear and tear? Removable tops get damaged, a lot. The weather striping will need replaced.
3. Drive train - Can you buy flywheels for the ZF tranny now? 350 hp was fine for 1990 but is a little low for a modern performance car, this assumes you buy a lt car.
4. I don't know if you noticed but the economy is not exactly doing well. The middle class is getting destroyed. The poor only have 8k to spend and the rich would never buy a used c4 unless it had 300 miles on it.
Anyway it is a great time to buy, not as great time to sell a C4.
#6
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High miles and wings and things planted on the cars don't enhance the value. C4's are great cars if you can find low mileage, unmolested examples. They have fallen into disfavor with alot of the Corvette crowd that doesn't really understand that these are great handling, performing, fuel efficient cars that can be driven anywhere. They deserve alot more respect than they get. Really a great opportunity to get into a nice Corvette at a reasonable price. Most of the early C4's have also bottomed out on depreciation.
#7
Pro
High miles and wings and things planted on the cars don't enhance the value. C4's are great cars if you can find low mileage, unmolested examples. They have fallen into disfavor with alot of the Corvette crowd that doesn't really understand that these are great handling, performing, fuel efficient cars that can be driven anywhere. They deserve alot more respect than they get. Really a great opportunity to get into a nice Corvette at a reasonable price. Most of the early C4's have also bottomed out on depreciation.
Dave
1986 Corvette 4+3/Z51 (sold)
1993 Corvette 6-spd FX3 (sold)
1986 Corvette 4+3/Z52 (sold)
looking for my next great C4
#8
Drifting
Ye Sir!
The economy is in the dumps now too. Great for those holding cash. There are some great deals if one can find them. Not as easy as one may think though.
The C4 is a great entry level Corvette for the first time buyer looking to test the waters. They are getting rare to find as you described though.
#9
#10
#11
I've heard that with a lot of cars. Alfas, Fiats and Rovers. I have never once found it to be true in my experience with those cars. I'm going to buy a dirt cheap C4 and see where it takes me.
#12
They are just Chevy's but, as you probably know, even doing the work yourself in most cases costs *can* really add up fast (depending on how good you want them to be). Some of those you posted have nearly 200K miles *and* needed significant body work to be nice-- hard to believe those won't be money pits, but who knows?
However, I still say that, for the average person, there is no way those are going to be $2,000 cars (total cost) that their asking prices indicate.
BTW, I've done a few Fiats myself back in the day (i.e., the late 1970's) and those didn't bankrupt me either. However, they weren't in particularly great condition either and I dumped them pretty fast when I was tired of them, thus limiting my cost.
Anyway, good luck to you, and be sure to post whatever ends up happening with you!
#13
I am not concerned with mechanicals or interior. I am only concerned with the condition of the body. The rest I can do in time. The motor would not stay stock for very long so the milage is a non issue
#15
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High miles and wings and things planted on the cars don't enhance the value. C4's are great cars if you can find low mileage, unmolested examples. They have fallen into disfavor with alot of the Corvette crowd that doesn't really understand that these are great handling, performing, fuel efficient cars that can be driven anywhere. They deserve alot more respect than they get. Really a great opportunity to get into a nice Corvette at a reasonable price. Most of the early C4's have also bottomed out on depreciation.
#16
Instructor
cheap C4's
I agree 100% with elephanthead. Also extensive use of plastic in the interior.
I was recently forced back into a C4 because of financial wipe out,not of my doings. after stepping on my bottom lip for a while,I remembered how great C4's handle,stop turn and get 25MPG while doing all of that.They WILL put a smile on your face.
I was recently forced back into a C4 because of financial wipe out,not of my doings. after stepping on my bottom lip for a while,I remembered how great C4's handle,stop turn and get 25MPG while doing all of that.They WILL put a smile on your face.
#19
Yes they were originally round. But it's not uncommon for people to change the front/rear ends of pre-1991's to the newer post-90 style. I've see that several times.
#20
Burning Brakes