High mileage 2001
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6th Gear
Joined: Dec 2010
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High mileage 2001
hello everyone. i have a question about a 2001 vette im kinda lookin at. its has pretty high miles and was wondering if its ok or i should stay away. the miles are almost 187,000 and there asking $14,100 for it. its a auto coupe with glass top, looks like new tires and looks almost like a new car inside and out. i kinda stumbled on this car at a dealership i was lookin at a 2001 mustang cobra they had. any suggestions or pointers are appreciated. thanks
Instructor
Joined: Jun 2010
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From: Lakeland Florida
Thread Starter
6th Gear
Joined: Dec 2010
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yea kbb said something like 11k for a dealership which is where its at. and i figure i could get them to come down alot (havent talked to them yet) but this is my thinking. i know the car has alot of miles but without know who owned it and how it was driven im thinking that a car with say 75000 miles could possible be more wore out than this one with high miles if this one was driven faily easily right. the carfacts show the first owner had it till like 130000 miles and put that on in the first couple of years and the driver seat shows very little wear like maybe mostly interstate long drive miles maybe. i mean the seat in the 01 cobra with 75000 miles looks 3 times more worn then this vette. Just my thinkin tho.
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Man, that is way too high for a car with those miles. Keep looking - there are a lot of C5s out there with a lot less miles on them for that kind of money or maybe a bit more.
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Instructor
Joined: Jun 2010
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From: Lakeland Florida
I have over 150,000 on mine and doesn't have any obvious problems. I just put it on the dyno the other day and it's putting 313 to the road. I just bought it a few months ago and gave a lot less than 14 for it.
Instructor
Joined: Jun 2010
Posts: 211
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From: Lakeland Florida
I would say, if you like it a lot and you have 10 or 11 to give for it, go for it. It's all about what you have and what you want.
Drifting
Joined: Aug 2006
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From: Oregon
Offer them $8k.. If they take it, then you will have a few $$ to fix it. If not, keep looking. Like everyone said, there are a lot of Vette's out there with less miles and for less $$. Im sure you would pay just a bit more for a car to have 100k less miles.. I know I would..
O1's in my area are about $16k with 50k miles..
O1's in my area are about $16k with 50k miles..
Safety Car
Joined: Jun 2006
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From: Wildomar CA
So I think the point from the crew here you are missing is...can you get a well maintained reliable Corvette with 187000 that is like new in appearance (remember parts wear out)...yes. But why do it? Why not pay $4000 more and get a car with 80k miles. In 80k miles your $14k car will be worth the $10-11k you are considering for this one. What do you think a Corvette is worth when you put 80k on 187000 and now it is almost 270000 miles? Without the car being a classic your 270k mileage vette will be worth parts and not much more and the parts with that mileage really might be mainly worthless too.
Pay more and put your own 187000 miles of driving on it! You'll get a ton of enjoyment out of it. Good luck
Pay more and put your own 187000 miles of driving on it! You'll get a ton of enjoyment out of it. Good luck
Advanced
Joined: May 2007
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From: Sterling VA
Putting it into perspective
hello everyone. i have a question about a 2001 vette im kinda lookin at. its has pretty high miles and was wondering if its ok or i should stay away. the miles are almost 187,000 and there asking $14,100 for it. its a auto coupe with glass top, looks like new tires and looks almost like a new car inside and out. i kinda stumbled on this car at a dealership i was lookin at a 2001 mustang cobra they had. any suggestions or pointers are appreciated. thanks
Burning Brakes
Joined: Sep 2010
Posts: 901
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From: LaPorte Indiana
thats 187,000 miles on that auto trans i would stay away from it. im sure your into man. trans or else you wouldnt be looking at that 2001 cobra which is a 5speed. for about 14k you can get a real nice 75-80k c5 that is well kept. i suggest you keep looking