Is it worth it?
Thread Starter
Racer
Joined: Jan 2004
Posts: 302
Likes: 0
From: San Diego CA
Is it worth it?
I looked up one of these car buying sites and met up with an appraiser today because I really need to sell my car before Christmas and he offered 10K for my car. The headliner is sagging and the tread on the tires are fair. its a 99 frc with 79k miles and no mechanical problems with a clean title. Do you think its worth taking this offer? I have some debt to pay off and I really don't know what to do. School tuition and credit card bills... ehhh!
I know these companies try to low ball for their benefit but I'm really stuck right now. I bought the car for 18K 4 years ago and to see it at 10k brings tears to my eyes!!!
I know these companies try to low ball for their benefit but I'm really stuck right now. I bought the car for 18K 4 years ago and to see it at 10k brings tears to my eyes!!!
Last edited by FallenWhun; Dec 23, 2010 at 03:08 PM.
Team Owner
Joined: Sep 2002
Posts: 30,063
Likes: 4,553
From: Bonita Springs, Florida
I would say $12,500-$13,000 with no issues aside from the headliner. But if you need to sell quickly then try to get at least $11K. Or you can offer it here for $11,900 and see what happens.
Drifting
Joined: Mar 2003
Posts: 1,953
Likes: 4
From: either, ca/ohio
hard to sell a corvette in a hurry.
is it worth it to you?
how much are you losing?
is that too much to lose?
if school is your priority and you have no private sellers then sometimes you have to do what you have to do.
is it worth it to you?
how much are you losing?
is that too much to lose?
if school is your priority and you have no private sellers then sometimes you have to do what you have to do.
Team Owner
Joined: May 2001
Posts: 25,044
Likes: 1,265
From: Virginia
St. Jude Donor '11
...Mine was a $56K brand new car 6 years ago and now its maybe a $22K car now
But I'm not selling it so in my situation it doesn't really matter...you had fun for 4 years right?...take the $10K and run like the wind
btw...did you really need a Corvette while in Med school?...after you get through school and you get a good job is the time for a Corvette
Last edited by Yello95; Dec 23, 2010 at 03:26 PM.
Racer
Joined: Nov 2007
Posts: 346
Likes: 1
From: Austin, Taxes
Mods don't increase value. In fact, they can make the car more difficult to sell because they have to look for the buyer that not only wants a Corvette but also likes your mods. If you can put the stock parts back on and get the same price you may be better off, but unless your aftermarket exhaust is an STS turbo system I'd say you're getting a good deal.
Drifting
Joined: Mar 2003
Posts: 1,953
Likes: 4
From: either, ca/ohio
it is probably worth $12000 to $14000 as it sits.
like i said, getting someone to pay that during the holidays, in a hurry, in san diego where 100s of vettes are for sale, in this economy, with the gas prices so high in california and elsewhere will not be easy.
what is premium going for there, $3.80 or so? and rising.
Last edited by imavettegirl; Dec 23, 2010 at 03:28 PM.
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Thread Starter
Racer
Joined: Jan 2004
Posts: 302
Likes: 0
From: San Diego CA
thank you so much guys. I've been here since 04 when i got my first vette now its really sad that I'm no longer going to be a vette owner. My parents keep telling me when I graduate med school I'll be able to afford whatever I want lol. I hope they're right because right now books and tuition/ loans aren't really looking good right now. Hopefully one day I can be back on the forum with a similar vette that I currently have to give up. I would love to sell it for 11,900. but debt doesn't wait and I don't want to ruin my credit. I love the corvette family, From the CLB to tech tips I always found answers here. sorry for being a sob but I love the support from this forum.
Thread Starter
Racer
Joined: Jan 2004
Posts: 302
Likes: 0
From: San Diego CA
yeah haha $3.80 and it loves to drink LOL! it kills my commute to school but I have to say. Having this car was worth every penny and the years I've spent with it.
they don't consider anything but the worn tires and any other defects.
it is probably worth $12000 to $14000 as it sits.
like i said, getting someone to pay that during the holidays, in a hurry, in san diego where 100s of vettes are for sale, in this economy, with the gas prices so high in california and elsewhere will not be easy.
what is premium going for there, $3.80 or so? and rising.
it is probably worth $12000 to $14000 as it sits.
like i said, getting someone to pay that during the holidays, in a hurry, in san diego where 100s of vettes are for sale, in this economy, with the gas prices so high in california and elsewhere will not be easy.
what is premium going for there, $3.80 or so? and rising.
Race Director
Joined: Jul 2007
Posts: 18,681
Likes: 47
From: Reno is so close to Hell you can see Sparks , State Of Confusion
St. Jude Donor '12-'13-'14
I would say that 10 is a fair price seeing he would be buying the car to make a few bucks, That is what they do, There is no way they could offer you more and put new tires and fix a few things and make some cash on the deal, I know how you feel and do think 10 is a fair price, I am sure you could get more from a private buyer, But you have a few issues with that. Christmas is not the time to sell a car, Money is tight.
Mr.Bill
Mr.Bill
Instructor
Joined: Aug 2010
Posts: 186
Likes: 0
From: Las Vegas NV
There is a silver one in oregon, 2001 good condition, 112k miles and the guy only wants 10k for it.
Oh also
Here is a forum for finances:
http://www.fatwallet.com/forums/finance/
Don't just post dumb questions, but you may find some answers if you use the search function.
People are pretty mean there to dumb questions and will not help you unless you are specific and have searched for similar items.
When you are done with college, you might love the forum even more.
Oh also
Here is a forum for finances:
http://www.fatwallet.com/forums/finance/
Don't just post dumb questions, but you may find some answers if you use the search function.
People are pretty mean there to dumb questions and will not help you unless you are specific and have searched for similar items.
When you are done with college, you might love the forum even more.
Drifting
Joined: Mar 2003
Posts: 1,953
Likes: 4
From: either, ca/ohio
i looked through some of your older posts.
so you have it for sale at $13500 and you paid around $19000 and they are offering you $10000.
it it the tr one from los angeles that you bought on this forum?
it looks nice if that is the one in you old posts.
good luck whatever you do.
your parents are right about med school being more important and that you will be able to buy what you want later in life.
so you have it for sale at $13500 and you paid around $19000 and they are offering you $10000.
it it the tr one from los angeles that you bought on this forum?
it looks nice if that is the one in you old posts.
good luck whatever you do.
your parents are right about med school being more important and that you will be able to buy what you want later in life.
Thread Starter
Racer
Joined: Jan 2004
Posts: 302
Likes: 0
From: San Diego CA
Classes and study session along with volunteer clinic hours for credit doesn't allow me to have any time for a part time job. I wish. Right now this is the only asset I have that can help me. I have to find a cheap car after that to get me around
Thread Starter
Racer
Joined: Jan 2004
Posts: 302
Likes: 0
From: San Diego CA
Safety Car
Joined: Sep 2005
Posts: 4,055
Likes: 99
From: Southeast, Tennessee
St. Jude Donor '09 thru '26
Mods don't increase value. In fact, they can make the car more difficult to sell because they have to look for the buyer that not only wants a Corvette but also likes your mods. If you can put the stock parts back on and get the same price you may be better off, but unless your aftermarket exhaust is an STS turbo system I'd say you're getting a good deal.
Pro
Joined: Nov 2005
Posts: 626
Likes: 0
From: Fresno CA
Wow .....you need to flip it in two days?
Seems like you didn't plan too far in advance?
Your in a tight spot especially at the holidays and that makes for few options. Considering all this it seems like the $10,000 is not the worst way to go. Best of luck on the sale.
Seems like you didn't plan too far in advance?
Your in a tight spot especially at the holidays and that makes for few options. Considering all this it seems like the $10,000 is not the worst way to go. Best of luck on the sale.