Just a quick question. Anyone else noticing the prices of the C5s going up in the last few weeks? I'm not talking about by a lot, but I've noticed they've kind of bottomed out and some of the newly listed ones are going for about 1 to 2k more. Is it because it's spring and people are starting to buy them again? Or have the prices reached their bottom? Maybe it's just me, but I'm noticing that the 10-12k C5 isn't as easy to find as it was in Jan/Feb. One more question. Do the prices tend to go down in the fall, as winter approaches? The reason for the 20Qs is because I've been wanting to buy one for the last few months and now it seems that the price range I was in jumped up about 1 or 2k.

Thanks

 

We are definitely coming into selling season, but in this economy deals will still be out there.
Good luck in your search.

 

Prices normally rise when spring approaches - but I agree there are still some good buys out there.

 

Spring is the best time for sellers

 

Patience grasshoper! Wait for the right deal, and dont be afraid to make offers,....u never know who just wants to sell the car ASAP to buy something else. Whatever u do dont rush into a ragged out vette! There are many out there and u will have to dish some serious bucks to get them running like they should again

 

 

Don't let the haters tell you that you're a low baller.. reality is, they are RIPPING people off by asking higher prices than they should.

When I was shopping for my C5, a large number of sellers were not even serious. "I'm asking $X, if it doesn't sell, I'll just keep it." Ignore these guys, they are a waste of time. When I finally found my C5, the guy was a SERIOUS seller. I made an offer, he accepted it within 10 seconds. That was the end of the story.

Try to e-mail as many sellers as possible. I got close to making a deal from a seller on the forum. He had what I was looking for, but we ended up having a little over $1K price difference. I first messaged him within like an hour after he posted the F/S thread, and he dropped his price close to his "bottom line" like within 3 e-mail exchanges. Again, these are SERIOUS sellers.

But please do make sure you are a serious buyer too. Make sure you have the money. When I was making offers, I knew exactly how much I had and how much I could offer. Non-serious buyers (like without sufficient cash or financing) are just as bad as those non-serious sellers.

The seller of my C5 told me something interesting, and I thought I should share. He says, "I could probably sell the car for more if I wait and it's a MAYBE, or I could just sell it now for less and buy what I want for less." He likes boats and RV's so he was planning on using the money from the sale to buy a bigger RV. The thing to keep in mind is, ALL prices are relative. When your C5 is devalued due to the economy, so is everything else. Haven't we all noticed the massive price cuts this year? For example, fast food restaurants, all those cheap meals and discounts. So while you may get less $ for your C5, you can also purchase other stuff cheaply. It's not like when the economy goes bad, ONLY your C5's value drops. What it comes down to is, EVERYTHING you buy right now will be a good deal, if you're using money you saved up from when the economy was good. It's like basic ECON 101.

Good luck!