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looked at a 98 vert

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Old Jun 19, 2008 | 08:40 PM
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Default looked at a 98 vert

I looked at a 98 red vert tonight 9k miles flawless tan top and interior pretty much optioned out This car is showroom new I couldnt find a mark on it Dealer botton line is 27 k Looking for some feed back This is my first vette and will be a toy only weekend fun car at the Jersey shore Been lurking around the forum for awhile Thanks
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Old Jun 19, 2008 | 08:56 PM
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Don't walk, but run away from that deal. The dealer is 9 to 10k too high for that '98 Vert.
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Old Jun 19, 2008 | 09:02 PM
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I agree. They are asking too much for the car.
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Old Jun 19, 2008 | 09:03 PM
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thanks for your imput colonel So you are saying I should be able to by that car for 18 or 19 k ?
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Old Jun 19, 2008 | 09:09 PM
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Originally Posted by carsangelop
thanks for your imput colonel So you are saying I should be able to by that car for 18 or 19 k ?
Try running it on Kelley Blue Book and you should be in the ball park with that. Here's the link:

Kelley Blue Book Website
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Old Jun 19, 2008 | 09:12 PM
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asking price is far to high
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Old Jun 19, 2008 | 09:15 PM
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Kelly blue has it at 22k
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Old Jun 19, 2008 | 09:15 PM
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Low mileage cars are going to be higher priced so is a vert and if it's a 6-speed that will add to the asking price, then add to the fact it's at a dealership that = $27,000. If low mileage is important to you expect to pay more. It is also Corvette season so prices are a bit higher now. You won't find a 98 vert with 9K miles for under$20,000 IMHO. There are lots of 30K/50K mile cars out there alot less expensive. Take your time and look at as many as you can find
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Old Jun 19, 2008 | 09:16 PM
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I think its a little high. I recently paid 20k fo a 98 coupe with 16k miles and I feel Lucky. So you have less miles AND its a vert, ......go figure . You get what you pay for. Good Luck.
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Old Jun 19, 2008 | 09:26 PM
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Price is way too much
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Old Jun 19, 2008 | 09:35 PM
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May be a little overpriced but there is no way that you are going to find a fully optioned mint C5 Vert with only 9K miles for under $20K, especially in the Spring and early Summer. I would say $25K is what that car will sell for. Very low mileage cars always command a premium. Offer low $20K's and start from there.

Most C5's in the teens have 50K+ miles on them and probably need tires, brakes, clutch, all new fluids, maybe a new soft top, seats recovered etc. Add the price of all of those repairs to $17K-$18K and you will be near the mid $20K's with many more miles and many paint chips. That car is basically a new C5. You get what you pay for.
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Old Jun 19, 2008 | 09:36 PM
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Thanks PEC ad 5k for a vert another 2k for the low miles might be in the ballpark what you paid fir your coupe
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Old Jun 19, 2008 | 09:38 PM
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Originally Posted by Mike98SilVert
May be a little overpriced but there is no way that you are going to find a fully optioned mint C5 Vert with only 9K miles for under $20K, especially in the Spring and early Summer. I would say $25K is what that car will sell for. Very low mileage cars always command a premium. Offer low $20K's and start from there.

Most C5's in the teens have 50K+ miles on them and probably need tires, brakes, clutch, all new fluids, maybe a new soft top, seats recovered etc. Add the price of all of those repairs to $17K-$18K and you will be near the mid $20K's with many more miles and many paint chips. That car is basically a new C5. You get what you pay for.
Very well put and 25k is probably what the dealer is holding out for
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Old Jun 19, 2008 | 11:30 PM
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That is a really low mileage '98, so I would expect it to go for a premium price, but not $27K. A fair price might be $22-23K IMO.
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Old Jun 19, 2008 | 11:42 PM
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As much as I hate to admit it, my '98 has about 44K miles on it, convertible, 6-speed, all options, always garaged, blah blah...but I don't think I'd get $27K for it...even with the few mods.

Good luck on your search.
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Old Jun 20, 2008 | 12:02 AM
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The dealer wishes somebody would give that for it.
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Old Jun 20, 2008 | 03:32 PM
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Stoped by the dealer today They showed me the paper work they have $26200 in the car Maybe they paid to much for it?
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Old Jun 20, 2008 | 03:44 PM
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If you really want it, get it! But really $27k for a '98.....? For that kind of money you should be able to get a nice '03. No matter what you get you are going to pour money into it anyway; may as well put your money into a better car.

I bought my '98 in late '06 for $16.5k with 76k miles on the clock. It was a great running car, but $6k in upgrades and mods and I still have a '98 that is worth, what? $15k.....

Just my opinion.
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Old Jun 20, 2008 | 05:24 PM
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Originally Posted by carsangelop
Stoped by the dealer today They showed me the paper work they have $26200 in the car Maybe they paid to much for it?
Yep.... if they have $26,200 in it they screwed themselves. I work at the local Porsche dealer and sometimes it happens and the dealer looses money.

I wouldn't pay over 25k for it.
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Old Jun 20, 2008 | 05:30 PM
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22k is the most i would pay for a 98 vert w/ those mls, i paid 19.5 for my vert 6 months ago and it only had 20k mls and it was mint cond. 1 owner car
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