Mileage and car value
Thread Starter
Advanced
Joined: Nov 2010
Posts: 63
Likes: 0
From: Kentucky
Mileage and car value
Just some opinions on car values and mileage. Generally when does a car begin losing value due to mileage??? For example on a 99 or 2000 model is it at 40k miles, 50k miles, 60k??? I see cars with 20K typically demand more money (although a car with this few of miles can have their own set of problems). Anyway, some good opinions would be appreciated. Another way of putting it, how much is the exact same car with 40 k miles worth versus one with 65k miles?
Team Owner
Joined: Dec 1999
Posts: 174,312
Likes: 1,217
From: Here
Pilot of Beer Force 1
Tampa Regional Coordinator
CI 4-5-6-7-8 Veteran
Organizer St. Jude Fundraiser
I believe in the Beer Fairy
its worth whatever you can sell it for......I have seen low mile Vettes that look like crap and high mile cars that look like new..
Administrator
Joined: Mar 2001
Posts: 368,415
Likes: 24,798
From: In a parallel universe. Currently own 2014 Stingray Coupe.
C7 of the Year - Modified Finalist 2021
MO Events Coordinator
St. Jude Co-Organizer
St. Jude Donor '03 thru '26
NCM Sinkhole Donor
CI 5, 8 & 11 Veteran
Get yourself a resource like the NADA book or just plug in the options, mileage etc on such sites as edmunds.com or kbb.com. You should be able to get an idea by looking at those numbers.
Team Owner
Joined: Mar 2004
Posts: 58,501
Likes: 1,828
From: Oklahoma City OK
C6 of Year Finalist (appearance mods) 2019
Pro
Joined: Sep 2009
Posts: 671
Likes: 10
From: Tulsa OK
Mileage on a well documented Corvette with the add/ons that appeal to you could work in your favor. The same could be said for the age of a car. Once a Corvette or any car for that matter reaches a certain age, there are almost too many possibilities to get a good average number.
Good luck,
OBD
Drifting
Joined: Apr 2011
Posts: 1,713
Likes: 11
From: Virginia
Just some opinions on car values and mileage. Generally when does a car begin losing value due to mileage??? For example on a 99 or 2000 model is it at 40k miles, 50k miles, 60k??? I see cars with 20K typically demand more money (although a car with this few of miles can have their own set of problems). Anyway, some good opinions would be appreciated. Another way of putting it, how much is the exact same car with 40 k miles worth versus one with 65k miles?
Having said that, a C5 with under 30k miles should be like near new and will command a premium price. For example, a 2004 with 25k miles can command $25K where average miles (12k a yr for 7 years or 84k) would likely be $4-5k less.
Once you get over 40k miles its not going to make a lot of difference between that and average miles, perhaps $1500 or so. Over the average miles drop off gets to be more and over 100k miles, values drop like a stone.
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: Nov 2007
Posts: 3,475
Likes: 10
From: Wake Forest NC
Just some opinions on car values and mileage. Generally when does a car begin losing value due to mileage??? For example on a 99 or 2000 model is it at 40k miles, 50k miles, 60k??? I see cars with 20K typically demand more money (although a car with this few of miles can have their own set of problems). Anyway, some good opinions would be appreciated. Another way of putting it, how much is the exact same car with 40 k miles worth versus one with 65k miles?
.
Pro
Joined: Jan 2006
Posts: 541
Likes: 38
From: Temecula CA
Low mileage doesn't add that much to the trade in valve of a car. Last year I was looking at a new Corvette GS. When we calculated the trade in value in the NADA book, of my pristine 2001 with 14,000 miles on it, it was worth $1800 more than a similar condition car with normal miles. I decided to keep that car and upgrade it. When selling as an individual, it's worth whatever you can get for it.
Phil
Phil
