[Z06] 03 Z $$$?
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Joined: Nov 2001
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From: Lawrenceville GA
03 Z $$$?
I have a person wanting to trade his loaded, 03 Z06, w/ 98 miles on the clock, for a car I have. [Valued at 65-75K]. His current "offer" is his car, and 10K...
He's telling me he paid $52,000 for the car, including a $5k dlr markup. The car has not been driven since he brought it home, thus, the "no mile" deal.
I'd very much like to have the Z, but I surely can't see putting 53K into it.
I've looked at used Z's, seen prices from 30k to outrageous. I found that "private seller" pricing is in the lo/mid 30's.
After having said all that, would someone in the "know", clue me in as to what would be a reasonable price for this car??
TIA,
He's telling me he paid $52,000 for the car, including a $5k dlr markup. The car has not been driven since he brought it home, thus, the "no mile" deal.
I'd very much like to have the Z, but I surely can't see putting 53K into it.
I've looked at used Z's, seen prices from 30k to outrageous. I found that "private seller" pricing is in the lo/mid 30's.
After having said all that, would someone in the "know", clue me in as to what would be a reasonable price for this car??
TIA,
Drifting
Joined: Jun 2004
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From: Las Vegas NV
Depends on how you value cars. If it is indeed a perfect car as the mileage would indicate, the valuation would be considered near sticker by some people. I certainly wouldn't include any dealer markup. What you have to ask yourself and not us is what is it's value to you.
Burning Brakes
Joined: Feb 2006
Posts: 1,205
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From: Jupiter FL
IMHO, a car that has been sitting, unused, for 4 years, is no bargain. Other than driving it home, did he do anything to prepare the car or the engine for storage? Probably not. Not a good thing. I'd have the car checked out by a reputable dealer first, make sure the engine had not been compromised by sitting that long. You might buy it and find you need rings in a couple of thousand miles, or other problems.
I'd say if the car checks out, $35K to $38K sounds fair. A "no miles" car is not a collectible, unless you plan on keeping it that way for the next 20 years or so. My $.02.
I'd say if the car checks out, $35K to $38K sounds fair. A "no miles" car is not a collectible, unless you plan on keeping it that way for the next 20 years or so. My $.02.
Safety Car
Joined: Jan 2007
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From: San Antonio Texas
IMHO, a car that has been sitting, unused, for 4 years, is no bargain. Other than driving it home, did he do anything to prepare the car or the engine for storage? Probably not. Not a good thing. I'd have the car checked out by a reputable dealer first, make sure the engine had not been compromised by sitting that long. You might buy it and find you need rings in a couple of thousand miles, or other problems.
I'd say if the car checks out, $35K to $38K sounds fair. A "no miles" car is not a collectible, unless you plan on keeping it that way for the next 20 years or so. My $.02.
I'd say if the car checks out, $35K to $38K sounds fair. A "no miles" car is not a collectible, unless you plan on keeping it that way for the next 20 years or so. My $.02.
$35k to 38k seems about right to me. I buy and sell a lot of passenger cars, usually much cheaper, but I have a pretty good feel for pricing.
Ed
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From: Lawrenceville GA
Thanks...
IMHO, a car that has been sitting, unused, for 4 years, is no bargain. Other than driving it home, did he do anything to prepare the car or the engine for storage? Probably not. Not a good thing. I'd have the car checked out by a reputable dealer first, make sure the engine had not been compromised by sitting that long. You might buy it and find you need rings in a couple of thousand miles, or other problems.
I'd say if the car checks out, $35K to $38K sounds fair. A "no miles" car is not a collectible, unless you plan on keeping it that way for the next 20 years or so. My $.02.
I'd say if the car checks out, $35K to $38K sounds fair. A "no miles" car is not a collectible, unless you plan on keeping it that way for the next 20 years or so. My $.02.
That puts the car's value right where I was going to put my offer..$32-35K.
The "sitting around" thing has shown up on the turbo Buicks I've worked on.. Dead hoses, hard seals, oil leaks, all showed thier ugly presence, once the cars were driven.
GOOD advice. Thanks to all who contributed. I will compose an e-mail reflecting my thots,....
BTW, the car in question is a fresh, 6T5 Ply Belvedere 1, HEMI car...
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From: Everyday you must choose between the pain of discipline and the pain of regret. Fredericktown, OH
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From: Lawrenceville GA
Burning Brakes
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Drifting
Joined: Jul 2005
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From: Torrance Calif
The guy selling the Z is delusional
He paid the premium.
You can find a used Z for less, but probably not with that mileage.
The Z isn't a collectors car yet, so don't pay collectors price.
If you still want to spend that much, I'll sell you my 03 with 6kmi and it has a maggie.
He paid the premium.
You can find a used Z for less, but probably not with that mileage.
The Z isn't a collectors car yet, so don't pay collectors price.
If you still want to spend that much, I'll sell you my 03 with 6kmi and it has a maggie.
Le Mans Master
Joined: Apr 2001
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From: Granbury Texas
I'd like to put a different twist on your purchase/trade.
If you find you just HAVE to have his Z06, why sell yours? Why not have BOTH? Buy his for a fair price ($35,000 to $39,000), and keep yours. If you HAVE to sell yours, do it outright at a price that YOU want.
However, I personally favor having BOTH.
If you find you just HAVE to have his Z06, why sell yours? Why not have BOTH? Buy his for a fair price ($35,000 to $39,000), and keep yours. If you HAVE to sell yours, do it outright at a price that YOU want.
However, I personally favor having BOTH.
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Former Law Dawg Moderator
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Burning Brakes
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Safety Car
Joined: Sep 2002
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From: Maryland
I'd very much like to have the Z, but I surely can't see putting 53K into it.
I've looked at used Z's, seen prices from 30k to outrageous. I found that "private seller" pricing is in the lo/mid 30's.
After having said all that, would someone in the "know", clue me in as to what would be a reasonable price for this car??
TIA,
I've looked at used Z's, seen prices from 30k to outrageous. I found that "private seller" pricing is in the lo/mid 30's.
After having said all that, would someone in the "know", clue me in as to what would be a reasonable price for this car??
TIA,
I paid $31.5 for my '02 w/ 13.7 k mi, w headers, priv. sale, and because it was the right color combo (just how I would have ordered it from factory).
Like you said, low mid 30's. 34-35 tops. That's IF it checks out--personally, I wouldn't buy one with that mileage because of the possiblity of oil leaks, etc.