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Good deal???

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Old Aug 20, 2015 | 09:32 AM
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Default Good deal???

1998 Vette in Good condition 155k miles for $8k bottom dollar. clean title
I know values are coming down but I havent seen one this low for a long time.
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Old Aug 20, 2015 | 09:36 AM
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A/C doesn't work is the only thing and some typical wear for the mileage
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Old Aug 20, 2015 | 10:52 AM
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Default depending on your budget

Originally Posted by HouseDivided
A/C doesn't work is the only thing and some typical wear for the mileage
It really depends on what you want in the car? I got mine 2 years ago 1998 very good condition $14K with only 36,000 miles. I have put in another $4000 in general maintenance, but I budgeted that for wear and tear for the age. The car looks great, all factory except the rims and exhaust. Currently looking to get new tires and replace 2 front rims.

Are you handy with a wrench I guess normal maintenance issues would apply here.
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Old Aug 20, 2015 | 12:09 PM
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Sounds like a good deal.. Even better if it has some maintenance records
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Old Aug 20, 2015 | 03:04 PM
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Provided everything but the A/C works ok then not a bad deal. I guess a lot would depend on what the A/C will cost to repair.
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Old Aug 20, 2015 | 04:37 PM
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155 thousand miles and only one thing wrong. incredible.

I would want you to be aware of the potential for a failed part to be unobtainable for that year, crashing the worth.

Spend wisely, a low price is nothing without value. The lowest priced vette in town is probably not the best choice, unless you find a seller that is unclear about money and car repair after 155 thousand miles.
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Old Aug 20, 2015 | 05:04 PM
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Originally Posted by HouseDivided
1998 Vette in Good condition 155k miles for $8k bottom dollar. clean title
I know values are coming down but I havent seen one this low for a long time.
8K is not out of the question provided it is in fair condition.

Depends of course on why you want it. Starting with an 8K Vette to build a monster, would be a great foundation to work with. If you are looking for a daily driver, 155K would have a short life unless your commute is a very short one. If that is your intent, I would look for a much lower mileage one for 14-17K.

Some of these cars have gone over 200K without major work, but I would count in with that 8K future engine work, potentially other drive train work, and probably immediately some suspension work.

Of course 8K with 20-30K in mods, new paint, upholstery work, etc. could have you one bad a** Corvette. Dropping in a new GM performance LS3 525 crate motor, put a Z06 tranny in it, would be a super nice N/A street/strip car. Of course you could also go with a rebuilt LS-1, add a Supercharger, beef up the tranny and rear axles/differential and have a very nice strip/street car for around 20K.

Without more info on paint and interior hard to say. Paint and interior work alone can run you up to 10K unless you can do it yourself.

Last edited by bikeriderga; Aug 20, 2015 at 05:08 PM.
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Old Aug 20, 2015 | 05:24 PM
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i repaired ac myself on my Z, was bad compressor, cost me under 200 bucks and 2 hours
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Old Aug 20, 2015 | 05:29 PM
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Default Good deal???

Not a bad deal at all...I disagree with the comment about the prices going down on these. Everywhere I look prices have been moving up on the C5, at least over the past couple of months. My brother paid what I consider top dollar for his 2000 with 45 miles (14k) and when he totalled it 2 months later they gave him 17k. This just happened. So 8K for a Vette is pretty good. You will have some money to spend on regular maintenance.
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