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Old Jun 23, 2006 | 02:55 PM
  #1  
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Default Used C5

I'm considering purchasing a 2001 C5 w/ the equipment group 2 package, transparent roof and performance axle with an original sticker price of $44,590. The car has 12,000 miles on it. The car is excellent condition.

What is a fair price to pay from a dealer? Also, is this a good year for C5's and are there any problems to be aware of?
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Old Jun 23, 2006 | 03:00 PM
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Sounds a little high priced to me! Check around. If you get a chance look at some of Corvette Palaces cars on their website. Good for comparisons. Good luck! I'm sorry you want a price. Hmmmm?

Last edited by teagueO; Jun 23, 2006 at 03:02 PM.
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Old Jun 23, 2006 | 03:10 PM
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Go to kbb.com or edmunds.com to get ballpark retail figures for your particular area of the country. In my area, KBB shows $30,035 for an 01 coupe / auto w /12k miles.
Happy hunting!
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Old Jun 23, 2006 | 03:11 PM
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Originally Posted by itlfly
Go to kbb.com or edmunds.com to get ballpark retail figures for your particular area of the country. In my area, KBB shows $30,035 for an 01 coupe / auto w /12k miles.
Happy hunting!
Great advise!
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Old Jun 23, 2006 | 03:11 PM
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Man, you need to be shopping here. Go look in the c5 for sale section, it will blow your mind at the good prices in there.
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Old Jun 23, 2006 | 03:20 PM
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no matter where you end up buying a car - get a Carfax done before you sign. Many forum members have a Carfax subscription - if you post a VIN you might be able to get them to run a report for you, and if you're real nice, someone may also pull a warranty claim report on it for you.

Kelly blue book, Edmunds and many others can give you price guidance, as can eBay and our own for sale section.
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Old Jun 23, 2006 | 03:38 PM
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oh, I see why everyones panties are bunched up over this... READ HIS POST!

he said the original sticker says $45k, not the dealership.

as for problems
here are the common ones:
Column Lock
Crankcase pulley (Harmonic Balancer) wobble
Hazard switch
Oil Pressure Sensor
Gas Gauge
Rocking Seat
Door Module relays going bad.

Last edited by MonteHall; Jun 23, 2006 at 03:41 PM.
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Old Jun 23, 2006 | 03:41 PM
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Originally Posted by MonteHall
oh, I see why everyones panties are bunched up over this... READ HIS POST!

he said the original sticker says $45k, not the dealership.
i think most of us got this.
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Old Jun 23, 2006 | 03:44 PM
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I just bought a 2001 with 17000 miles, it was the the dealership owner's car, it was GM certified with warranty, with new GY runflats for 29K. New sticker was 47K. It is a cherry. They delivered it to my house via flatbed 130 miles after putting on new tires etc. I think it was a good deal. warranties are important. It came with the carfax. So I guess the tires, delivery, inspection, new mobil oil, warranty were about 2-3K? I really doubt it will be a lemmon, if it was the dealer would have dumped it. It was probably detailed every month. So condition, low miles, and warranty made the deal. I guess from a private party I would have paid 26K. I live in Pennsylvania, and using internet car seach engines I was suprised at the number of low mileage vettes with in a 3 hours drive. In my search, I thought it was a buyers market. Many nice ones to choose from and tons and tons of cars with excuses. Good luck. Ter
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Old Jun 23, 2006 | 06:47 PM
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I'd say that mid-high 20's would be fair price for that car. Good luck w/ the search.
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Old Jun 23, 2006 | 06:52 PM
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Way to overprices man! Search around a little more and save yourself a couple of thousand dollars lol... Check the for sale section on this forum man!
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Old Jun 23, 2006 | 08:23 PM
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Originally Posted by c5baLLa
Way to overprices man! Search around a little more and save yourself a couple of thousand dollars lol... Check the for sale section on this forum man!
You may want to go back and re-read his original post.
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Old Jun 23, 2006 | 10:49 PM
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Model year 2001 had many oil burning issues especially on cars equipped with MN6. Ask about oil consumption and if the engine has been re-ringed.
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Old Jun 23, 2006 | 11:10 PM
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Good luck finding the right C5!
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Old Jun 23, 2006 | 11:33 PM
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The Carmax website has a link to the KBB for pricing (retail, private party, trade...)
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Old Jun 23, 2006 | 11:45 PM
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I got my 02 in 2005 for $30K, you should be able to get the 01 for less than $30K now. I had package 1 with the Z51, auto, etc. I'd say reasonably no more than $28K.....not YOUR fault the last guy didn't drive it very much!!
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Old Jun 24, 2006 | 12:19 AM
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Fair price would be in the high 20's.
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Old Jun 24, 2006 | 12:44 AM
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Originally Posted by lkrassner
I'm considering purchasing a 2001 C5 w/ the equipment group 2 package, transparent roof and performance axle with an original sticker price of $44,590. The car has 12,000 miles on it. The car is excellent condition.

What is a fair price to pay from a dealer? Also, is this a good year for C5's and are there any problems to be aware of?
What does the dealer want for it? I assume you are referring to the window sticker in 2001 correct?
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Old Jun 24, 2006 | 08:16 AM
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I think the upper 20's would be a good price for that car. Good luck!
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Old Jun 24, 2006 | 08:52 AM
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Originally Posted by Tom/99
I think the upper 20's would be a good price for that car. Good luck!


I bought my cherry '01 from a private party last fall for 26K. It had a clean carfax and only 14K on the odometer. It had been a garage queen but has since been "dethroned"..
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