If its too cheap there is a reason
02 Coupe value question
Thread Starter
Team Owner
Joined: Oct 2004
Posts: 81,241
Likes: 3,063
From: altered state
St. Jude Donor '05
02 Coupe value question
Found an 02 coupe with 17k miles on it for $12, 500. Sounds pretty cheap to me but I dont follow the C5 market too much. Typically whats an averaage value for this? Going to see it hopefully this weekend, dont know anything about color, auto.manual, etc.
T.I.A.
T.I.A.
Race Director
Joined: Jul 2004
Posts: 16,795
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From: Lake Havasu City, AZ
I would proceed with extreme caution.
Even a base model '02 coupe in good condition should sell for $27-28K.
At that price I suspect a salvage title, or a vehicle that has been heavily damaged and rebuilt by the owner, or a flood damage car.
Salvage titles usually go for $10K under clear title values.... your find seems to be priced even below that point....
Good Luck
Rich
Even a base model '02 coupe in good condition should sell for $27-28K.
At that price I suspect a salvage title, or a vehicle that has been heavily damaged and rebuilt by the owner, or a flood damage car.
Salvage titles usually go for $10K under clear title values.... your find seems to be priced even below that point....
Good Luck
Rich
Melting Slicks
Joined: Aug 2005
Posts: 2,252
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From: NH
Probably a wreck or flood car. For $12,500, you still have $15-20K in your pocket that you didn't spend on a decent one. I don't think I would touch a flood car unless I planned on gutting the thing. Electrical issues will drive you nuts.
Melting Slicks
Joined: Aug 2005
Posts: 2,252
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From: NH
Is this it? Either the price is a typo or the seller is FOS. Run!
http://www.cars.com/go/search/detail...7&aff=national
http://www.cars.com/go/search/detail...7&aff=national
Melting Slicks
Joined: Jun 2004
Posts: 3,439
Likes: 6
From: Newark, DE
St. Jude Donor '06
According to the April 2006 edition of Corvette Magazine (yes, the April edition is out already 
), these are the approximate values for 2002s:
), these are the approximate values for 2002s:Code:
Show-Ready Good Avg. Needs TLC coupe* 35900 32000 29500 23300 vert* 41500 36500 34000 27400 Z06 41000 35000 32000 26000 * Add $800 for Magnesium Wheels
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Thread Starter
Team Owner
Joined: Oct 2004
Posts: 81,241
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From: altered state
St. Jude Donor '05
Originally Posted by bb609
Is this it? Either the price is a typo or the seller is FOS. Run!
http://www.cars.com/go/search/detail...7&aff=national
http://www.cars.com/go/search/detail...7&aff=national
VIN 1glyy22g525104970
In his email he said the only reason hes selling was because he has relocated to the UK. He also said the phone #'s were the ones listed on his credit card
Wondering if I should call the VIN to the local PD just for the heck of it??
I told him if hes serious to call, no more emails. Hes in the area and has volunteered to meet if Im serious. Sounds fishy but I am a little curious, scam or not.
Edit: I asked him if the4 price was correct (I bet its a typo and he wants $22,500), see what happens.
Racer
Joined: Sep 2005
Posts: 312
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From: Thomaston GA
In his email he said the only reason hes selling was because he has relocated to the UK. He also said the phone #'s were the ones listed on his credit card
Sounds fishy but I am a little curious, scam or not.
Edit: I asked him if the4 price was correct (I bet its a typo and he wants $22,500), see what happens.[/QUOTE]
Same character who puts the cars on eBay for ridiculous amounts - he was moving to Ireland on there though. Ask him to email you a photo of the ad laying with the VIN badge ON THE CAR visible together. Won't happen. I tried the guy on eBay about a 57 tbird for $6,400.00 - never heard back from him.
Sounds fishy but I am a little curious, scam or not.
Edit: I asked him if the4 price was correct (I bet its a typo and he wants $22,500), see what happens.[/QUOTE]
Same character who puts the cars on eBay for ridiculous amounts - he was moving to Ireland on there though. Ask him to email you a photo of the ad laying with the VIN badge ON THE CAR visible together. Won't happen. I tried the guy on eBay about a 57 tbird for $6,400.00 - never heard back from him.
Le Mans Master
Joined: Jan 2003
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From: AKA Harvey Mushman-I know just enough to be dangerous "Those who sacrifice liberty for safety deserve neither"- B. Franklin
Senior Member
Cruise-In V Veteran
Are you sure that he didn't say he was transfered to Nigeria? 
