[Z06] What is too much?
Thread Starter
Racer
Joined: Jul 2007
Posts: 298
Likes: 4
From: Northbrook il
St. Jude Donor '12
What is too much?
Hey guys I went to see a M.Y. 2002 c5z06 w/ 12,000 miles in mint stock condition. I looked up kbb it says that 2002's in excellent condition ate worth 22,450 the guy is asking 27,900. I offered him 24,500 he said he would think about it. Is it crazy to be paying over the blue book value in your guys opinion? Should i offer him more or did I even possibly offer to much? I have been shopping around now for a while. Your feedback would be much appreciated.
Burning Brakes
Joined: Aug 2006
Posts: 903
Likes: 1
From: Burbank CA
I bought my '04 for $21,000 with 35,000 miles from the original owner. Good deals are out there, patience is needed though
Stay away from '01's unless your planning a stroker motor in the future.
Stay away from '01's unless your planning a stroker motor in the future.
Melting Slicks
Joined: Jan 2001
Posts: 2,016
Likes: 31
From: Little Egg Harbor N.J.
I am buying a 2002 Z06 next Tuesday that has 18,000 miles and I'm paying $25k. NADA books out over $26k for the car and, to be perfectly honest, I don't give a rats a$$ if I am paying a little more. A M.Y. Z06 as clean as the one I'm getting is as close to my dream car as I'll ever get.
Do what makes you happy; there will always be someone with something negative to say.
Do what makes you happy; there will always be someone with something negative to say.
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Le Mans Master
Joined: Nov 2005
Posts: 5,403
Likes: 31
From: Allentown PA & Elk Twp NJ HPDE Addict
I wouldn't pay over the true value for the car....the challenge is everyone's perception of "true value" is different...KBB, Black Book, NADA are all just guides
Thread Starter
Racer
Joined: Jul 2007
Posts: 298
Likes: 4
From: Northbrook il
St. Jude Donor '12
Damn where are you guys finding those good deals? Right now it seems like there all priced a litttle high. My guess is since its summertime the price shoots up a little. One thing that also made me offer a little more to is that the car is local so i dont have to drive far or fly out to get it. I dont know I was thinking of offering offering him 25k and stopping at that if I dont get it I guess the search goes on. There was a 2003 I was lookin at a month ago at a dealer w/12k miles and he would not budge under 27,500. I played hardball w/ them and the car sold. I kind of regret it cause that one had a lot of appearance mods i liked. Thanks for all the info guys. I have been roaming this board for a while now and you guys got some great info out there.
Advanced
Joined: Jun 2009
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Thread Starter
Racer
Joined: Jul 2007
Posts: 298
Likes: 4
From: Northbrook il
St. Jude Donor '12
Btw guys this guy and his wife are car nuts. He has 6 toy cars, lifts in the garage, and every car is impeccable. This was his wifes car the underbody looks like new he say 2-3 times a year he washes and hand wipe the undercarrage of every car. I mean all his cars dont have a speck on them in or out. So this is another thing that really is making me lean towards this car and offering a little more. My wife checked through her bank and they said NADA is 26,700 and they would give me a loan for 27,000 for the car. I dont need the loan but we just wanted to see what the bank thinks its worth. I am really thinking about this one but I hate to overpay especially when I here the deals you guys are getting.
Le Mans Master
Joined: Feb 2007
Posts: 6,674
Likes: 57
From: Mt Pleasant, TN
I think it has a lot to do with location and willingness to travel to "find the good deal". That could be a great deal for your area but in another area could be flooded with them and not be a good deal at all. I personally would pay a little more for something I wanted and was local, I like the least amount of hassle. And all these people saying dont buy an 01 need to stop reading all the internet hype, although I did change my motor it didnt have any oil consumtion problems before hand and made awsome power with a few mods.
