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Old Oct 29, 2011 | 03:24 PM
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Default Corvette value

My boss is thinking about selling his corvette, and getting into a porsche of some kind. He said he could get me a good deal on it , but he hadn't really looked into how much he would sell it for.

Its a 1998 Sebring silver automatic convertible, 80k miles, Borla quad tip exhaust, chrome wagon wheels. I'm not sure if it's z51, but I doubt it. The interior and exterior are both 9/10. I've driven this corvette before, and it is in excellent condition.

I have been looking for a corvette for awhile and was also wondering if I should buy this one when the time comes. Like I said earlier he would likely give me a good deal on it, but its not what I'm looking for. I'm not a fan of the color, don't want automatic, and would rather have a coup or frc. My budget is a bit tight for buying a vette, so a good deal would be hard for me to pass up despite it not having all the options that I want.

So how much does the forum think it is worth? Is it worth it to buy this vette for a great price or should I get one later on that may cost more and not be in as nice a condition?

These are the only pics I have of it , but better than nothing. Just trust me when I say its in really good condition.

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Old Oct 29, 2011 | 04:23 PM
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Buy the car your heart wants
Always buy the color YOU want, not something that just ok.
You want a car that a year from now when you see it, you will say "that a good looking Vette" not I wish I had waited
When I started looking, which is a lot of fun, make a list and stick to it
Body style
Color
transmission
mileage
Mods
Is a buyers market and now is a good time to start looking
Go drive a bunch of C5's and when you find the right one you will know it
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Old Oct 29, 2011 | 04:36 PM
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"I'm not a fan of the color, don't want automatic, and would rather have a coup or frc."

so, what do you think you should do?
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Old Oct 29, 2011 | 04:52 PM
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Originally Posted by imavettegirl
"I'm not a fan of the color, don't want automatic, and would rather have a coup or frc."

so, what do you think you should do?
Unless I get an incredible deal on it, I probably won't buy it.

I'm still curious about what CF thinks he could get for it. Based on what I've seen somewhere between 14-17k.
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Old Oct 29, 2011 | 05:02 PM
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Silver is a great color. I know a lot of guys want the reds, black and yellows but white and silver are the number one sellers here in AZ. I had a silver Z06 and absolutely loved it. 98 with 80k miles in perfect shape is worth $12-$15K. The auto puts it in the lower range. I sold cars here in AZ. for years. White and silver were always my best sellers, even on Vettes. The auto, not so much, even though the older I get the more I enjoy them. Your money, buy what you want. If he's giving it away, take it, you can always sell a Vette. Everyone wants one sometime in their life.
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Old Oct 29, 2011 | 06:29 PM
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A 98 vert with 80k and nice shape is worth about 15k with a clean title. IMO if you can get it for less than 15K you are doing good. I have a 98 vert and i saw many. There are some going for less but those are in rough shape. Many are asking 18k for nice verts but those are not selling.
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Old Oct 29, 2011 | 06:37 PM
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Originally Posted by BobbyG123
Buy the car your heart wants
Always buy the color YOU want, not something that just ok.
You want a car that a year from now when you see it, you will say "that a good looking Vette" not I wish I had waited
When I started looking, which is a lot of fun, make a list and stick to it
Body style
Color
transmission
mileage
Mods
Is a buyers market and now is a good time to start looking
Go drive a bunch of C5's and when you find the right one you will know it
What Bobby said!
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Old Oct 29, 2011 | 06:39 PM
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Originally Posted by BobbyG123
Buy the car your heart wants
Always buy the color YOU want, not something that just ok.
You want a car that a year from now when you see it, you will say "that a good looking Vette" not I wish I had waited
When I started looking, which is a lot of fun, make a list and stick to it
Body style
Color
transmission
mileage
Mods
Is a buyers market and now is a good time to start looking
Go drive a bunch of C5's and when you find the right one you will know it
Reply
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Old Oct 29, 2011 | 06:42 PM
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Thanks for the replies and opinions. Hopefully I'll get one early next year.
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Old Oct 29, 2011 | 07:05 PM
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Good deal or not, GET WHAT YOU WANT. Don't settle for less because of the price, If you don't like the color pass on it. Worst thing one can have is buyers remorse.
Mr.Bill
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Old Oct 29, 2011 | 07:36 PM
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How much HP do those Borla exhausts typically add?
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Old Oct 29, 2011 | 08:06 PM
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Catbacks typically add 5-10 hp maybe. They are primarily for sound. That '98 is worth 13-14k. If he is a friend and wants to give you a good deal, a good deal would be 11-12k. But like everybody said, don't buy the car simply because it's a "good deal." Get what you want.
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Old Oct 29, 2011 | 08:08 PM
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I was dead set on a stick and it was tough at times but I am glad I waited. My vote is wait for what you really want and you will not have the regrets later. Good luck
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Old Oct 29, 2011 | 08:55 PM
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13,000
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Old Oct 30, 2011 | 08:46 AM
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Normally I'd go with most others here and say wait for the one you want.

On the other hand you say you can't afford the one you want.

If you can get this for $10K-$12K I'd say go for it. It will have enough value in it for you to trade out to another one (that is perfect) later.

I don't recommend "settling" often. You just seem to not be in a position to get what you'd really like, and I hate to see you wait forever.

Drvie Safe!
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Old Oct 30, 2011 | 09:45 AM
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Originally Posted by BobbyG123
Buy the car your heart wants
Always buy the color YOU want, not something that just ok.
You want a car that a year from now when you see it, you will say "that a good looking Vette" not I wish I had waited
When I started looking, which is a lot of fun, make a list and stick to it
Body style
Color
transmission
mileage
Mods
Is a buyers market and now is a good time to start looking
Go drive a bunch of C5's and when you find the right one you will know it
This is Gospel, I bought my 2003 50th anniversary coupe I fell in love with it. Even now close to ten years ago, but every-time I get in it and start it up, it's 2003 all over again. It is a buyers market, and with some searching, you'll find something closer to your needs. Just make sure it's solid buy and not abused.
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Old Oct 30, 2011 | 10:11 AM
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If it's not what you're looking for, then pass! You'll never be happy with it.
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Old Oct 30, 2011 | 12:17 PM
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I was offered $25000 AS A TRADE IN for my silver Z51 6 speed Vert with 26,400 miles on its clock last summer ..this was on a new Vette ...

Car is basically as clean as it was when I took delivery but I did add 2000 wheels and some SLP bolt on stuff...

Only reason I was interested in selling/trading it was that my legs are giving me major problems and I honestly am having a hard time using the clutch...

I'd love to trade it for an automatic (which I never would have considered owning 2 years ago)

BobG.
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Old Oct 30, 2011 | 12:23 PM
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Originally Posted by Mr.Bill
Good deal or not, GET WHAT YOU WANT. Don't settle for less because of the price, If you don't like the color pass on it. Worst thing one can have is buyers remorse.
Mr.Bill
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Old Oct 30, 2011 | 12:39 PM
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If you can get it for around $10,000 it's a great deal. Those that think a 98 automatic will get $15,000 must have one they want to sell. I'm with youy on the color, it seems everyone has a silver Vette for sale.
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