Pricing for 2001 C5
Thread Starter
8th Gear
Joined: Jul 2010
Posts: 8
Likes: 0
Pricing for 2001 C5
Hello~
I am negotiating a price on a 2001 C5, 6-speed coupe (targa) with 75,000 miles. It's in pretty good shape except for needing new tires. The asking price is at $17,000. Can anyone tell me if this is a good price?
Thanks!
Deborah
I am negotiating a price on a 2001 C5, 6-speed coupe (targa) with 75,000 miles. It's in pretty good shape except for needing new tires. The asking price is at $17,000. Can anyone tell me if this is a good price?
Thanks!
Deborah
Melting Slicks
Joined: Apr 2010
Posts: 3,191
Likes: 53
From: Tucson Arizona
Seems high to me but you do not say where you are located.
This last January I bought a loaded near mint condition 2001 A4 Vert with a complete service record and with nearly new Michelin ZP Tires from the original owner for $13,000.
This last January I bought a loaded near mint condition 2001 A4 Vert with a complete service record and with nearly new Michelin ZP Tires from the original owner for $13,000.
Pro
Joined: Apr 2005
Posts: 503
Likes: 5
From: HAVERTOWN PA
Le Mans Master
Joined: Sep 2006
Posts: 9,597
Likes: 960
From: Palm Harbor not far from Sebring Florida
St. Jude Donor '11
Oldtimer
I would say based on Kelley Blue Book it is a little high if you are working with a private seller. I would try $15,500 and you can go up if it is a private seller, but I would stick at $16,000. Retail it list in the Blue Book at $17825, so that is about right for a dealer.
I also checked the Auto Trader for my area and the prices are much higher then the KBB for private and retail, but then again those prices are there to see what is biting.
Good luck.
I also checked the Auto Trader for my area and the prices are much higher then the KBB for private and retail, but then again those prices are there to see what is biting.
Good luck.
Le Mans Master
Joined: Sep 2006
Posts: 9,597
Likes: 960
From: Palm Harbor not far from Sebring Florida
St. Jude Donor '11
Oldtimer
I agree $13,000 for a roadster is way low. I would love to know the actual milage and the car history. I wouls say that is almost $10K below retail.
I found a 2008 C6 black coupe for $30K which was low, but the Car Fax showed it was in an accident with a wall and wiped out the right rear quarter panel. That will lower the price on a Corvette in a heart beat.
I found a 2008 C6 black coupe for $30K which was low, but the Car Fax showed it was in an accident with a wall and wiped out the right rear quarter panel. That will lower the price on a Corvette in a heart beat.
Pro
Joined: Nov 2009
Posts: 566
Likes: 34
From: ohio
Melting Slicks
Joined: Apr 2010
Posts: 3,191
Likes: 53
From: Tucson Arizona
Just over 80k. The people bought the car when they retired to Tucson and got it mainly for touring so the miles came in bunches. The maintenance records at the dealership where they bought it at when new and had all the work done at showed many times that they had the oil changed within a 30 to 60 day time frame and they racked up 5-6000 miles during that month or two period.
They had maintained it to perfection and had everything done just like clock work even down to multiple cooling system flushes, brake fluid replacement, trans serviced and on and on.
It still had the original brake pads on the car when I got it and I decided that it was time for a brake job. To my amazement the pads could have easily gone another 10-20K miles and the rotors were barely worn and no scoring or warping.
I have owned about 25 Vettes and have found that miles is not the killer it is poor maintenance or abuse. If I cannot see a clear verifiable maintenance record on a car I will not buy it no matter what the mileage shows.
Here are a couple of pics I took about a month ago of the car.
They had maintained it to perfection and had everything done just like clock work even down to multiple cooling system flushes, brake fluid replacement, trans serviced and on and on.
It still had the original brake pads on the car when I got it and I decided that it was time for a brake job. To my amazement the pads could have easily gone another 10-20K miles and the rotors were barely worn and no scoring or warping.
I have owned about 25 Vettes and have found that miles is not the killer it is poor maintenance or abuse. If I cannot see a clear verifiable maintenance record on a car I will not buy it no matter what the mileage shows.
Here are a couple of pics I took about a month ago of the car.
Corvette Stories
The Best of Corvette for Corvette Enthusiasts
Top 10 Most Expensive Corvettes Ever Sold on Bring A Trailer
Brett Foote
10 Things Every Corvette Owner Needs (2026 Edition)
Michael S. Palmer
8 Most "Only Corvette Owners Understand" Quirks and Problems
Pouria Savadkouei
10 Reasons the C6 Z06 is Still A Performance Benchmark After 20 Years
Joe Kucinski
How Much Horsepower Every Corvette Engine "LOST" in 1972
Joe Kucinski
Top 10 DOs and DON'Ts for Protecting Your Convertible Top!
Michael S. Palmer
Top 10 Most Explosive Corvettes Ever Made: Power-to-Weight Ratio Ranked!
Joe Kucinski
150 hp to 1,250 hp: Every Corvette Generation Compared by the Specs That Matter
Joe Kucinski
8 Coolest Corvette Pace Cars (and Replicas) of All Time
Verdad Gallardo
Melting Slicks
Joined: Apr 2010
Posts: 3,191
Likes: 53
From: Tucson Arizona
The paint is 100% original and the car looks and drives like new. I have owned 25 Vettes over the last 50 years and I know how and what to check before buying a Corvette.
Le Mans Master
Joined: Sep 2006
Posts: 9,597
Likes: 960
From: Palm Harbor not far from Sebring Florida
St. Jude Donor '11
Oldtimer
Well at that price you are lucky that you are not in jail for Grand Theft Auto. Great buy and I am assuming the previous owners have not had Corvettes in the past, or they have a lot of money and they were not worried about giving the car away.
Melting Slicks
Joined: Apr 2010
Posts: 3,191
Likes: 53
From: Tucson Arizona
When they bought it they dropped another $7,500 on audio equipment, exhaust, built in K40 laser/radar system and more before they took delivery.
The real funny part is that they were selling the car because their tree hugging daughter up in Phoenix thought that they should be more responsible and get something that was more energy efficient like a Toyota Prius.
Cash talks and they just were tired of people that wanted the car but wanted to trade something in or have them finance the car.
It's a buyers market now and getting a lot harder to finance used cars!
Last edited by RJRSW; Jul 19, 2010 at 08:44 PM.
Thread Starter
8th Gear
Joined: Jul 2010
Posts: 8
Likes: 0
Damn! You got a heck of a deal!!! I live in Pittsburgh, PA and haven't seen any priced under $16,500 for the year, model and miles (75 K) I am looking at, unless they have a salvage title. Thanks for your input!
Melting Slicks
Joined: Apr 2010
Posts: 3,191
Likes: 53
From: Tucson Arizona
Here is another photo of the car with the top down that I took this last Saturday when I was up on Mt Lemmon at the Ski area enjoying the 72 degree weather.
Le Mans Master
Joined: Sep 2006
Posts: 9,597
Likes: 960
From: Palm Harbor not far from Sebring Florida
St. Jude Donor '11
Oldtimer
Just be patient, if you are in a hurry you will end up paying way more that you need to. When you make an offer be very sure you are comfortable with it and stick with it. You always have to be prepared to walk away.
Here is another photo of the car with the top down that I took this last Saturday when I was up on Mt Lemmon at the Ski area enjoying the 72 degree weather.
Here is another photo of the car with the top down that I took this last Saturday when I was up on Mt Lemmon at the Ski area enjoying the 72 degree weather.
Thread Starter
8th Gear
Joined: Jul 2010
Posts: 8
Likes: 0
Thanks!
You certainly have a beautiful Vette! I linked a picture of the one I am dealing on. I had a 1995 triple black 6-speed, convertible with 25,000 miles that I bought for $19,500 in 2004. Sorry I sold it! Anyhow, I really like this yellow one, particularly because it has the red interior which is not too common. I have been looking for 2 months and anything I find with lower mileage is at least 20,000 or more (same model, etc.). I am in law enforcement and the guy with the car for sale is also a cop, so I would like to believe he wouldn't try to pull one over on "one from the same family" LOL!
Thread Starter
8th Gear
Joined: Jul 2010
Posts: 8
Likes: 0
Thanks!
I would say based on Kelley Blue Book it is a little high if you are working with a private seller. I would try $15,500 and you can go up if it is a private seller, but I would stick at $16,000. Retail it list in the Blue Book at $17825, so that is about right for a dealer.
I also checked the Auto Trader for my area and the prices are much higher then the KBB for private and retail, but then again those prices are there to see what is biting.
Good luck.
I also checked the Auto Trader for my area and the prices are much higher then the KBB for private and retail, but then again those prices are there to see what is biting.
Good luck.
Melting Slicks
Joined: Apr 2010
Posts: 3,191
Likes: 53
From: Tucson Arizona
I sold my Pace Car Vert a couple of months back so have been looking to buy a C6 vert that will complete my ownership of every chassis from C1-C6.
I just missed about 2 weeks ago by a few minutes a 2006 C6 Vert near me with a clean carfax and around 35 thousand miles that went for $23,000 . The guy had listed it for more but just could not wait any longer and priced it to move and it sold that day, so the deals are there if you remain vigilant and can jump on them when they come up.
Heck my first Vette in high school was a nice 53 Vette that I paid $500 for and the next one was a 57 Fuely with both tops that I got for $1,400, now looking back those were a really good deal!
Last edited by RJRSW; Jul 19, 2010 at 09:42 PM.
Race Director
Joined: Aug 2003
Posts: 13,421
Likes: 8
From: Lake Mary Florida
I miss trips to the ski area's in the summer time.
Melting Slicks
Joined: Apr 2010
Posts: 3,191
Likes: 53
From: Tucson Arizona