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I have the opportunity to buy a corvette wholesale.
A dealer is selling it via auction. Now dealers don't sell good cars via auction.
Only high mileage trade-ins, damaged trade-ins, salvage title trade-ins, and any other form that is not selling for any reason. If they could make money without a hassle they would.
Now i am looking at a z06 for sale. It should go for under 14.
I can tell it has an after market exhaust, intake, shifter, but thats about it. Other then that it's very clean. I am considering purchasing it but then i noticed something.
What are these boxes i circled in red?
Is this one selling due to being heavily modified?
And those "mods" you listed are some of the most basic, frequent ones done. Nothing huge there...
Well it's a hit or miss with this one and im getting mixed feelings about it.
Either it's going to turn out dying or its going to turn out alive and kicking. Since i can't check the car out in person so im trying to get the most out of the pictures.
But the exhaust is not aftermarket, it's more like, non existant
Last edited by New2Vetts; Jan 27, 2009 at 12:47 AM.
There's always a risk when buying from an auction (ie. "AS IS"). Dealers have the time/money/parts to fix the cars that go bad from the auction - you may not.
I know, I bought one from an auction. Not from dealer from the auction, but at the auction. My brother-in-law is a car dealer and bought me along. I bought a car for my (soon to be) wife. It was a 1999 Pontiac GPX. We drove it around the lot (got it to 30 / 2nd gear before we had to stop).
It looked fine and drive home fine (5 hours). The trans lasted a 10 days before it blew. Not just broke - but destroyed everything inside.
Dealers can afford the "lemon" from time to time, where you may not. That's the risk you take when buying cheap. Just keep that in mind.
Under 14 ??? "why" is the big question. I can't quite tell what year it is, but from the side badge it looks like a 2001. (no "405 hp" on the badge). Even if it is (slightly less marketability) it still should be in the low 20's for a "good" deal.
Since you didn't give much info on it, I assume you're happy with all that and understand why it's so cheap. Even in today's market, that is too cheap.
I wouldn't worry about the little mods that have been done to it either.