down,way down.
Value of the C5!?!
Thread Starter
Cruising
Joined: Feb 2009
Posts: 13
Likes: 0
Value of the C5!?!
What do you guys think the fair value of a very low mileage C5 6 speed Convertible is? I can’t believe how much prices seemed to have dropped! I bought my car last year for 28,500 and due to financial reasons have been trying to sell it this spring asking 26,000 but have gotten barely any offers! In your mind what is the actual value for one? I don’t want to give it away! I am thinking I may wait until the summer to try and sell again when interest in convertibles may peak a little.
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Another source is edmunds.com - or just check what people here on the forum are asking for theirs. Yes, some of the ones here are priced too high and are not selling, but others are priced pretty reasonable and get lots of hits.
Team Owner
Joined: Sep 2003
Posts: 43,084
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From: Raleigh / Rolesville NC
Here is an other great place too look for vettes that are for sale and compare prices.
Corvettes for sale
Corvettes for sale
Le Mans Master
Joined: Dec 2000
Posts: 9,923
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From: Hot Springs AR
I know of 2 C5s, a '99 FRC and a '97 6-speed coupe, that recently sold for 10K each.
Spring is the best time for selling your car; winter is the best time to buy.
HTH, and have a good one,
Mike
Thread Starter
Cruising
Joined: Feb 2009
Posts: 13
Likes: 0
Hi Jacks ya mine is a 02 with 14k miles never any accidents- if I only get 23k I might as well drive it around for a few more months and enjoy the beginning of the summer with it first! lol. Thanks for the Kbb tip knyght4 I am going to price it later.
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From: The Great Truth: "There ain't no free lunch"
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THE ECONOMY.......Do your best to clean it up....use a buffer to polish/then wax .....and remember....It only takes one (buyer) Good luck
Race Director
Joined: Aug 1999
Posts: 11,126
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From: SE Pennsylvania
St. Jude Donor '03 thru '26
Oldtimer
Kelly Blue Book says my 2003 50th ae is worth about $24950 trade in value and 29.000 to private party, but I doubt I'd ever get that if I was interested in selling, which I'm not. But I've never bought a corvette I ever wanted to sell.
Race Director
Joined: Jan 2007
Posts: 18,643
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From: Norman Oklahoma - The Only State in the Union with no Blue Counties!
The only thing wrong with the economy is that the damn libs don't want it to turn around, in fact they are out to destroy capitalism. The f'in Dems and most Repubs are just power hungry politicians whose egos won't fit in the Super Dome before or after Katrina! The economy problems are the creation of government interference, high taxes AND stupid government nonregulation and regulation and on and on! Our new President has never run any king of business, neither has the Speaker of the House beotch or the Senate majority leader reid, can't force myself to use caps on that jerk off's name and title!
Wake up America!
My vette is priceless because I WON'T Sell it for peanuts!
Oh well, back to basketball in HD while obama, nancy amd harry still allow it!
5:00 p.m. Eastern 3-13-09 Fox News Channel. Tivo, DVR or watch it live!
Wake up America!
My vette is priceless because I WON'T Sell it for peanuts!
Oh well, back to basketball in HD while obama, nancy amd harry still allow it!
5:00 p.m. Eastern 3-13-09 Fox News Channel. Tivo, DVR or watch it live!
Burning Brakes
Joined: Mar 2008
Posts: 1,046
Likes: 324
From: Lynnwood Washington
The only thing wrong with the economy is that the damn libs don't want it to turn around, in fact they are out to destroy capitalism. The f'in Dems and most Repubs are just power hungry politicians whose egos won't fit in the Super Dome before or after Katrina! The economy problems are the creation of government interference, high taxes AND stupid government nonregulation and regulation and on and on! Our new President has never run any king of business, neither has the Speaker of the House beotch or the Senate majority leader reid, can't force myself to use caps on that jerk off's name and title!
Wake up America!
My vette is priceless because I WON'T Sell it for peanuts!
Oh well, back to basketball in HD while obama, nancy amd harry still allow it!
5:00 p.m. Eastern 3-13-09 Fox News Channel. Tivo, DVR or watch it live!
Wake up America!
My vette is priceless because I WON'T Sell it for peanuts!
Oh well, back to basketball in HD while obama, nancy amd harry still allow it!
5:00 p.m. Eastern 3-13-09 Fox News Channel. Tivo, DVR or watch it live!
Burning Brakes
Joined: Jun 2007
Posts: 1,047
Likes: 69
From: Hanover MA.
What do you guys think the fair value of a very low mileage C5 6 speed Convertible is? I can’t believe how much prices seemed to have dropped! I bought my car last year for 28,500 and due to financial reasons have been trying to sell it this spring asking 26,000 but have gotten barely any offers! In your mind what is the actual value for one? I don’t want to give it away! I am thinking I may wait until the summer to try and sell again when interest in convertibles may peak a little.
And, the C5 is twice the Car. 
Melting Slicks
Joined: Feb 2009
Posts: 3,438
Likes: 30
From: Fairfax Virginia
If your car was correctly priced when you bought it about a year ago, it should be worth about 3,500 - 5,000 less today. That said, nice C5 are still worth roughly the same amount as early C6s. But people buying convertibles in late winter or early spring are usually looking for bargains.
Good luck! The right buyer might come along.
Good luck! The right buyer might come along.
Race Director
Joined: Sep 2007
Posts: 12,899
Likes: 1
From: Denver Colorado
i have a 1984 4+3 vette with 46k on the clock, "posted in pic". it is in "mint" condition. i would be lucky to get $5000.00 for it, but if i was to part it out , as that is my business, i could get 10-12k for the parts off this c4, just unbelievable. i guess it will just stay on my rack for another 12 years "as is" and will give it to my 4 year old!!!!
