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What's It Worth?

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Old Sep 4, 2018 | 12:18 PM
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Default What's It Worth?

Hi Guys

So I have an interesting situation. A good friend of mine wants to buy my Corvette. I have told him that I haven't decided it I want to sell yet since I've only had it two months...but it would be nice to free up the space in the garage for some projects I need complete. I can always buy another one come spring.

In any case, he is knowledgeable about cars, as am I. We have bought and sold cars to and from each other before with no issues. I know that I (probably) overpaid for the car because I wanted one that was in exceptionally good shape, but I want to have an idea of a fair asking price if I do decide to sell it to him. Neither of us really has dipped his toe into the Corvette waters before, so we aren't really sure regarding value, so I'd like to open it up to you all and see what you think.

The car is as follows:

2004 Corvette Convertible.
53,000 miles
triple black
Bone stock, never modded
6-speed

The good:
No leaks at all.
Tires in good shape.
Paint in very good condition

The bad:
power antenna doesn't work, but otherwise, everything works.
Front license plate cover is missing

Thanks for your help, everyone.
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Old Sep 4, 2018 | 12:30 PM
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The base car is worth about $12,500 and an extra $4,500 for low mileage so $17k. That's clean dealer full retail, trade in is closer to $14k. Then you need to consider tire age and Carfax history
.Add another $1000, for being a vert.

Last edited by DDaaryl; Sep 4, 2018 at 02:26 PM.
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Old Sep 4, 2018 | 12:40 PM
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Do some comparison shopping for similar cars
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Old Sep 4, 2018 | 12:50 PM
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Don't know much about vert pricing, but I'd guess around what DDaaryl said; $14-15K if absolutely mint.

Last edited by grantv; Sep 4, 2018 at 12:50 PM.
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Old Sep 4, 2018 | 02:20 PM
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Originally Posted by 70RT440
Hi Guys

So I have an interesting situation. A good friend of mine wants to buy my Corvette. I have told him that I haven't decided it I want to sell yet since I've only had it two months...but it would be nice to free up the space in the garage for some projects I need complete. I can always buy another one come spring.

In any case, he is knowledgeable about cars, as am I. We have bought and sold cars to and from each other before with no issues. I know that I (probably) overpaid for the car because I wanted one that was in exceptionally good shape, but I want to have an idea of a fair asking price if I do decide to sell it to him.
How much did you pay for it two months ago...?

Have you transferred the title yet...?
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Old Sep 4, 2018 | 02:45 PM
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I would place a value of about $16k on the car - private sale.
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Old Sep 4, 2018 | 04:44 PM
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15-17K all day
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Old Sep 4, 2018 | 04:49 PM
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Originally Posted by blackmachdown
15-17K all day


$15,000 if in DRIVER condition

$17,000 if in EXCELLENT condition
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