Will prices go down for the C5?
Pro
Joined: Sep 2004
Posts: 676
Likes: 0
From: Waipahu Hawaii
Prices go down on all cars....
The other day I saw a 1999 Viper SRT-10 with 30,000 miles selling for 35,000.....Just 6 years ago that was an 80,000 dollar car...
Those 97's and 98's you see for 15,000 will usualy be high mileage...Normal price for a 97 or 98 is 17-22,000..
Think about it.....Even at the bare minimum of 15 grand some people will let the 97 C5 go for....It's not really that bad...
Thet probaly only paid 45,000 for the 97 C5....Now...9 model years later they get 15,000 for it....Thats 1/3 the price....Defiently good for a car that they probaly actualy bought in late 1996 and is actualy 9-10 years old!!!!!
Thats not bad at all.....And most people are getting closer to 20 grand for there low-mid mileage 97's....
I think the base price for the 97 was eighter 39 or 40 grand.....Eighter way most people are getting 1/2 there money mack almost 10 years later....
You think you can get 14 grand for a 97 camaro?
Or 12 grand for a 97 mustang?
Youd be LUCKY to get 1/3 of your money back on most cars 10 years later....
With the Vette theres a good chance you'll get 1/2.
The other day I saw a 1999 Viper SRT-10 with 30,000 miles selling for 35,000.....Just 6 years ago that was an 80,000 dollar car...
Those 97's and 98's you see for 15,000 will usualy be high mileage...Normal price for a 97 or 98 is 17-22,000..
Think about it.....Even at the bare minimum of 15 grand some people will let the 97 C5 go for....It's not really that bad...
Thet probaly only paid 45,000 for the 97 C5....Now...9 model years later they get 15,000 for it....Thats 1/3 the price....Defiently good for a car that they probaly actualy bought in late 1996 and is actualy 9-10 years old!!!!!
Thats not bad at all.....And most people are getting closer to 20 grand for there low-mid mileage 97's....
I think the base price for the 97 was eighter 39 or 40 grand.....Eighter way most people are getting 1/2 there money mack almost 10 years later....
You think you can get 14 grand for a 97 camaro?
Or 12 grand for a 97 mustang?
Youd be LUCKY to get 1/3 of your money back on most cars 10 years later....
With the Vette theres a good chance you'll get 1/2.
Racer
Joined: Sep 2005
Posts: 415
Likes: 0
From: near Austin Texas
What he said, but if you live long enough....
Originally Posted by bcseitz
Unfortunately for for all of us C-5 owners, yes our values will continue to drop. Cars are depreciating assets. It will be many years from now before their values will level off or even see an increase.
I do have a gut feeling that C-5's will never hit the lows of C-4's or C-3's. The engineering advancements and their simplicity are miles beyond the previous gererations.
IMO [IMG]
[/IMG]
I do have a gut feeling that C-5's will never hit the lows of C-4's or C-3's. The engineering advancements and their simplicity are miles beyond the previous gererations.
IMO [IMG]
[/IMG]Buy it and drive it and enjoy it now.
