Need help appraising this vette..
Thread Starter
4th Gear
Joined: Oct 2016
Posts: 4
Likes: 0
From: NJ
Stay around the C5 market for a few months and you'll see why.
C5s are really hitting a floor for their value monetarily. The good used C5 market is also so incredibly large. You can find really good cars with 100,000 miles $12K-$10 and even below that all day long that need very little, and we're going into the winter storage period which also helps with people wanting to get onto the selling wagon.
You'll also need to really price the little things, like tires (it needs tire. The tire pic shows they're over 10 years old), a possible re-paint, for sure targa and likely door seals, and on and on. A complete seal kit for the targa and doors can easily run near $2,000 to replace it all. Tires can be everywhere from $800 to well above $2,000. That's just the surface of things.
C5s are really hitting a floor for their value monetarily. The good used C5 market is also so incredibly large. You can find really good cars with 100,000 miles $12K-$10 and even below that all day long that need very little, and we're going into the winter storage period which also helps with people wanting to get onto the selling wagon.
You'll also need to really price the little things, like tires (it needs tire. The tire pic shows they're over 10 years old), a possible re-paint, for sure targa and likely door seals, and on and on. A complete seal kit for the targa and doors can easily run near $2,000 to replace it all. Tires can be everywhere from $800 to well above $2,000. That's just the surface of things.
Hopefully this isn't the last you folks have seen of me... learned a lot in the short time I've been lurking this forum, and even more after registering. You guys seem like a wonderful community to be a part of.
Melting Slicks
Joined: Jan 2016
Posts: 2,398
Likes: 768
From: jefferson texas
In addition to the other replies, THIS is what I really wanted to hear. Thank you very much. Yeah, looks to me like the car will end up being a no go. While I am trading a project rather than a fully functional daily, I do not want to trade a headache for a stomachache
Hopefully this isn't the last you folks have seen of me... learned a lot in the short time I've been lurking this forum, and even more after registering. You guys seem like a wonderful community to be a part of.
Hopefully this isn't the last you folks have seen of me... learned a lot in the short time I've been lurking this forum, and even more after registering. You guys seem like a wonderful community to be a part of.
Melting Slicks
Joined: Jul 2014
Posts: 2,782
Likes: 314
From: The Lowcountry South Carolina
Remember, it's not the sugar coated you WANT to hear, it's what you need to hear from the experienced here, and that very often has nothing to do with dollars and cents.... Those are a given
Drifting
Joined: Jan 2012
Posts: 1,883
Likes: 76
From: Portland OR
You have to look at a few used Corvette's to get a good idea of what all these folks are saying. When I bought my '01, I commented on how clean the engine compartment was, the salesman said "It came in like this, we didn't have to detail a thing" and that is true from 80% of the Corvette's I looked at.
That car was driven very hard and not well kept. My car was also driven hard, but was very well kept by the 2 previous owners. So look at at least 5 Corvettes with the same mileage and you will see some obvious differences.
The wheel pictured went through some hell, wow.
That car was driven very hard and not well kept. My car was also driven hard, but was very well kept by the 2 previous owners. So look at at least 5 Corvettes with the same mileage and you will see some obvious differences.
The wheel pictured went through some hell, wow.
Racer
Joined: May 2013
Posts: 365
Likes: 19
From: Hugo MN
Rough shape is an understatement! I would move on and look at others as most Corvette owners take really good care of their cars & their pride of ownership shows through.
Establish your budget, don't be in a rush and when you find the one you like definitely have it checked out by a qualified automotive shop that is familiar with Corvettes.
Establish your budget, don't be in a rush and when you find the one you like definitely have it checked out by a qualified automotive shop that is familiar with Corvettes.
