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[Z06] 2002 Z06 Corvette

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Old May 31, 2011 | 11:40 AM
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Default 2002 Z06 Corvette

My Brother-in-Law has asked me to look into the worth of his 2002 Z06 Corvette. It has 24,000 miles. Can anyone give me some insights? Thanks so much!!!
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Old May 31, 2011 | 12:04 PM
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Sounds like a nice car with low mileage

Try posting this up in the C5 Z06 section, http://forums.corvetteforum.com/c5-z06-discussion-49/. They should be able to help better
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Old May 31, 2011 | 05:11 PM
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I follow the market very closely, and have for the past year and a half or so. 2002 Z06's are sitting in the 18k-22.5k range right now depending on condition an mileage. I use these prices as prices they are SELLING at, not what peoplea are asking. You can see people asking 30k for them, but those cars remain in their garage. I bought my 2002 with 50k as a super clean car, with headers, xpipe, intake, retune and brand new tires for 17.5k last Feb. I got a deal for sure. By the sounds of this car, with low miles, as long as it's stock without some gaudy mods done or something, you'd realistically pull 21k-22k, maybe a little more if you came across the right buyer, but it's pushing it.
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Old May 31, 2011 | 05:14 PM
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I bought a 2002 Z06, Millenium Yellow with 27k miles, completely stock and mechanically sound for $22,000 last Fall.
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Old May 31, 2011 | 05:26 PM
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Keep in mind, yellows pull more cash generally because they were the only upgrade option when new, in that yellow cars cost more. 22k sounds nice for a nice yellow though!

OP, also keep in mind, this is generally the last year many banks will finance a 2002 Z06. Many banks won't put a loan out on a car beyond 10 years old, and that time is coming. After that it's cash only buyers. Finding buyers at 20k+ will get tougher soon in an already tough market.
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Old May 31, 2011 | 05:54 PM
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Originally Posted by 6453mike
My Brother-in-Law has asked me to look into the worth of his 2002 Z06 Corvette. It has 24,000 miles. Can anyone give me some insights? Thanks so much!!!
need a tad more info about the vehicle.
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Old May 31, 2011 | 06:53 PM
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Originally Posted by 6453mike
My Brother-in-Law has asked me to look into the worth of his 2002 Z06 Corvette. It has 24,000 miles. Can anyone give me some insights? Thanks so much!!!
Adjust for location, condition and milage accordingly.

http://www.edmunds.com/chevrolet/cor...s=used&sub=z06
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Old May 31, 2011 | 07:28 PM
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Bought my 2002 Z06 with 13.5K for $23k.
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Old May 31, 2011 | 11:10 PM
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I know a guy that sold his 2002 Red Z06 six months ago with 36K mi for $24K...and it sold in 2 days.
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Old Jun 1, 2011 | 12:53 AM
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From all these prices being thrown around I'm very happy lol it looks like I stole mine haha.
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Old Jun 1, 2011 | 10:05 AM
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I bought a 2002 Z06 with 28K miles for $20,000 today locally in San Antonio

Last edited by ZICK; Jun 3, 2011 at 12:46 AM.
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Old Jun 3, 2011 | 04:19 PM
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I got mine a couple days ago with 28,000 miles and was happy with the 22K price.
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