[Z06] Looking at a Z06
Thread Starter
Instructor
Joined: Dec 2007
Posts: 165
Likes: 0
From: Orlando Florida
Looking at a Z06
I'm going to check out a Silver, 2002 Z06 this upcoming Monday morning. It has 32,000 miles and has had 1 owner. The dealer is asking $27,800, but a few other Z06's with similar mileage have sold for around $25k. I'm wondering if this would be a legitimate price to go for, or am I looking for too good of a deal? I already have financing through Capital One, so I'm wondering if I could use this as a bargaining tool to get the price. Any tips, and/or suggestions as this is the first car I'm getting from a dealer? I've always paid cash for my cars and usually through family members, so not really used to haggling...
Also, I have lurked for a while here and have printed out the "checklist" to go over while looking at the car, and know about the key locking mechanism and battery issues that these cars have.
Also, I have lurked for a while here and have printed out the "checklist" to go over while looking at the car, and know about the key locking mechanism and battery issues that these cars have.
Pro
Joined: Nov 2006
Posts: 693
Likes: 91
From: Savannah GA
Kotlas,
...I think $25,000 is a reasonable price if the car checks out okay with your checklist and a test drive. With a listed price of $27,800 some dealers would deal down to $25K and some would not. IMO you should not tell the dealer you have already arranged financing. Dealers make money on financing and they may be inclined to deal more with you if they are thinking they will make more money on the financing.
Good luck,
Jeff
...I think $25,000 is a reasonable price if the car checks out okay with your checklist and a test drive. With a listed price of $27,800 some dealers would deal down to $25K and some would not. IMO you should not tell the dealer you have already arranged financing. Dealers make money on financing and they may be inclined to deal more with you if they are thinking they will make more money on the financing.
Good luck,
Jeff
Le Mans Master
Joined: Nov 2005
Posts: 5,403
Likes: 31
From: Allentown PA & Elk Twp NJ HPDE Addict
Not too sure on the price, but with financing vs paying cash. Financing with the dealer gets them a cut of the interest you pay, a cash deal doesn't. Contrary to what some people believe, paying cash doesn't provide more leverage for you. Good Luck 
Instructor
Joined: Feb 2007
Posts: 103
Likes: 0
From: Byron Center MI
Pro
Joined: Oct 2007
Posts: 564
Likes: 0
From: The Great Nation of North Carolina
The price does not appear out of line if it's a good car.
Use the checklists and go SLOW..if it is a one owner car the Title search will prove it, don't take there word for it. One owner Cars should have the Tire kit , two keys and the user manual just for starters.
Know the WHOLE deal first, what are the added dealer fees on top of the sale ? A GM dealer should be able to provide you with a FULL warranty history as well.
go slow, look at the car, don't LISTEN to the car and loose focus of the big picture.
good luck..
t
Use the checklists and go SLOW..if it is a one owner car the Title search will prove it, don't take there word for it. One owner Cars should have the Tire kit , two keys and the user manual just for starters.
Know the WHOLE deal first, what are the added dealer fees on top of the sale ? A GM dealer should be able to provide you with a FULL warranty history as well.
go slow, look at the car, don't LISTEN to the car and loose focus of the big picture.
good luck..
t
Team Owner
Joined: Mar 2007
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From: Right Corner Pocket of Illinois
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That price sounds OK, I paid 29.5K for my 02 w/23K miles back in March 07. You're already on the right track by knowing what to look for just don't be pressured. Knowing more than a salesman does about a car can earn you some respect and a better deal! Good luck...
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Burning Brakes
Joined: Feb 2007
Posts: 925
Likes: 1
From: Las Vegas, NV
Don't fall in love with the first car you look at. It's winter time, there will be more Z's being offered for sale. Just my 2 cents.
Racer
Joined: Aug 2004
Posts: 401
Likes: 2
From: Allen TX
