120k miles = some serious depreciation
Whats It Worth?
Melting Slicks
Joined: Nov 2004
Posts: 3,495
Likes: 0
From: Paducah Ky
This could be a well maintained car, but with all the very low mileage vettes out there I think I would look for something with a few less miles. You could probably go to nada or kelly to get an estimate. 
Guest
Posts: n/a
dont do it!!!!!!!
i bought my 97 with 85k on it for $18k. 108k miles the motor blew.
$10k later i have a factory , dealer installed ls1 with 3 year/36,000mi. warranty.
so basically it ended up costing me $28k. dont do it. find one with alot less miles unless you can get that high mileage vette for super cheap. maybe around $15k.
i bought my 97 with 85k on it for $18k. 108k miles the motor blew.
$10k later i have a factory , dealer installed ls1 with 3 year/36,000mi. warranty.
so basically it ended up costing me $28k. dont do it. find one with alot less miles unless you can get that high mileage vette for super cheap. maybe around $15k.
Drifting
Joined: Nov 2004
Posts: 1,426
Likes: 0
From: AnnArbor Michigan
St. Jude Donor '05
A Local w/ a black 2000 a4 w/ 12x,xxx sold his for 13k out the door.
Car was mint and had nice aftermarket wheels on it. Also had 7" motorized in dash/dvd etc. But the miles just killed his selling price.
Car was mint and had nice aftermarket wheels on it. Also had 7" motorized in dash/dvd etc. But the miles just killed his selling price.
Race Director
Joined: Nov 2001
Posts: 18,682
Likes: 4
St. Jude Donor '05-'06-'07-'08-'09-'10-'11-'12
Originally Posted by illestvette
dont do it!!!!!!!
i bought my 97 with 85k on it for $18k. 108k miles the motor blew.
$10k later i have a factory , dealer installed ls1 with 3 year/36,000mi. warranty.
so basically it ended up costing me $28k. dont do it. find one with alot less miles unless you can get that high mileage vette for super cheap. maybe around $15k.
i bought my 97 with 85k on it for $18k. 108k miles the motor blew.
$10k later i have a factory , dealer installed ls1 with 3 year/36,000mi. warranty.
so basically it ended up costing me $28k. dont do it. find one with alot less miles unless you can get that high mileage vette for super cheap. maybe around $15k.
I would have spent my $10k on a forged LS2 with 550rwhp
Melting Slicks
Joined: May 2005
Posts: 2,549
Likes: 0
From: MDT
there's a price @ which you cannot let the 2000 magnetic red ride w/ 120k on it go. american cars are not known for longevity, particularly those that surpass the 100k mark. if you can, keep looking. conventional wisdom says buy the newest car with the lowest mileage in the best condition you can. bub
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Race Director
Joined: Nov 2003
Posts: 14,372
Likes: 2
From: Indianapolis IN
St. Jude Donor '05-'06-'07-'08-'09-'10-'11-'12-'13-'14-'15-'16-'17
Originally Posted by m3amg43
Asking price was 19000, I got it down to 17000 so far, but I gave an offer of 16500
Race Director
Joined: Nov 2003
Posts: 14,372
Likes: 2
From: Indianapolis IN
St. Jude Donor '05-'06-'07-'08-'09-'10-'11-'12-'13-'14-'15-'16-'17
Originally Posted by m3amg43
It is a 2000 coupe, auto, no hud, no cd player/changer, Magnetic Red w/tan interior.
Race Director
Joined: Dec 2002
Posts: 13,348
Likes: 233
From: SCMR Rat Pack'r Charter Member..Great Bend KS
Originally Posted by KernelDee
I have seen some high mileage Vettes in this forum, one had just rolled over 300,000 miles.
At 120,000miles, figure this one is about half-way through its effective life. Price it accordingly.
Larry
code5coupe
Safety Car
Joined: Aug 2003
Posts: 3,678
Likes: 34
From: Fayetteville GA
Originally Posted by MY1STPEWTER
This could be a well maintained car, but with all the very low mileage vettes out there I think I would look for something with a few less miles. You could probably go to nada or kelly to get an estimate.
Drifting
Joined: Jul 2004
Posts: 1,321
Likes: 0
From: Dallas Texas
Originally Posted by m3amg43
It is a 2000 coupe, auto, no hud, no cd player/changer, Magnetic Red w/tan interior.
Shahram
Team Owner
Joined: Sep 2002
Posts: 30,615
Likes: 4,619
From: Bonita Springs, Florida
Here's one right here on the Forum and it took only a minute to find.
http://forums.corvetteforum.com/show...17&forum_id=52
http://forums.corvetteforum.com/show...17&forum_id=52
Thread Starter
Instructor
Joined: Jan 2005
Posts: 118
Likes: 0
From: Long Island New York
Mike98SilVert, I am a Long Islander as well. The C5 you found on the forum is nice, but I think it is located in MI. But if any of you guys know of any C5's for sale within a 200 mile radius of NYC, let me know. I want to spend around 15000. I don't really mind high mileage as long as the car is clean.
In my search for C5's I went to look at one in Farview, NJ, it was a Black/Black auto coupe with 137000 miles on it, the owner said it was clean, and nice, etc, etc, on the phone I had him down to 13500. I go to look at the car, and the driver's side seat had a rip on it, the car was repainted in many places, and was just in horrible condition. Here is a link to the vette, it was on Ebay
http://cgi.ebay.com/ebaymotors/1998-...QQcmdZViewItem
The highest bidder was a flake, so I went to go check the car out, it looks nice on ebay, but it def was not worth 13000!!
In my search for C5's I went to look at one in Farview, NJ, it was a Black/Black auto coupe with 137000 miles on it, the owner said it was clean, and nice, etc, etc, on the phone I had him down to 13500. I go to look at the car, and the driver's side seat had a rip on it, the car was repainted in many places, and was just in horrible condition. Here is a link to the vette, it was on Ebay
http://cgi.ebay.com/ebaymotors/1998-...QQcmdZViewItem
The highest bidder was a flake, so I went to go check the car out, it looks nice on ebay, but it def was not worth 13000!!
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That's quite a few miles, and it would really depend on how well maintained the car has been. If it checks out, a price of $15.5-16K would be a decent deal.