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Old Jul 23, 2020 | 03:47 PM
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Default C5 prices

I can most definitely say that C5 prices are on the rise. Non-Z06 models are now priced as high as Z06s. It is now common to see non-Zs with less than 30K miles priced as high as Zs with the same mileage. $20K-$25K seems to be the norm now. While there still seems to be no shortage of low mileage C5s, demand must still be as high, or higher than supply. I have no other explanation for what is happening...
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Old Jul 23, 2020 | 04:07 PM
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Originally Posted by grampi50
I can most definitely say that C5 prices are on the rise. Non-Z06 models are now priced as high as Z06s. It is now common to see non-Zs with less than 30K miles priced as high as Zs with the same mileage. $20K-$25K seems to be the norm now. While there still seems to be no shortage of low mileage C5s, demand must still be as high, or higher than supply. I have no other explanation for what is happening...
It's simple really. It's summer, this is prime Corvette selling season.
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Old Jul 23, 2020 | 04:12 PM
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Originally Posted by grampi50
I can most definitely say that C5 prices are on the rise. Non-Z06 models are now priced as high as Z06s. It is now common to see non-Zs with less than 30K miles priced as high as Zs with the same mileage. $20K-$25K seems to be the norm now. While there still seems to be no shortage of low mileage C5s, demand must still be as high, or higher than supply. I have no other explanation for what is happening...
Low mileage C5s have been in the low to mid 20s for years. People act like the 30k or less mile cars went down past that, but they never did except maybe from private sellers. Especially manuals.
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Old Jul 23, 2020 | 04:28 PM
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Originally Posted by FAUEE
Low mileage C5s have been in the low to mid 20s for years. People act like the 30k or less mile cars went down past that, but they never did except maybe from private sellers. Especially manuals.
A year ago or more this wasn't true. I was finding sub-20K mile M6 C5s for under $20K. Now, you can forget about finding them for that...

Last edited by grampi50; Jul 23, 2020 at 04:38 PM.
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Old Jul 23, 2020 | 04:30 PM
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Originally Posted by Not4spd
It's simple really. It's summer, this is prime Corvette selling season.
I am waiting for non-prime Corvette selling season, but to be honest, I really don't see prices coming down much in the off season...
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Old Jul 23, 2020 | 05:30 PM
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Probably COVID pricing. As people are unable to move around, seems like it’s toy buying time. A friend of mine is trying to buy a used boat and can’t find one because they have been getting snapped up. I imagine pleasure cars may be experiencing the same surge.
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Old Jul 23, 2020 | 06:25 PM
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One thing to consider is from year to year there are a number of changes to the C5 population. Cars are driven and accumulate higher mileages. Some are wrecked every year and a number are modified. Some are actually stuck in garages and won't be seen again for many years. Although people love to point out how many were manufactured, compared to other popular cars, not that many. Who would have ever thought old VW Bugs would be hard to find and a collectors item? Go try to buy a nice one!
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Old Jul 23, 2020 | 08:06 PM
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Originally Posted by Brunello
Probably COVID pricing. As people are unable to move around, seems like it’s toy buying time. A friend of mine is trying to buy a used boat and can’t find one because they have been getting snapped up. I imagine pleasure cars may be experiencing the same surge.
Totally agree. Prices are sky high now on used boats. I can sell mine for 15k more than I paid for it eight years ago.
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Old Jul 23, 2020 | 08:17 PM
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Good luck for those prices cause that's straight up c6 territory prices
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Old Jul 23, 2020 | 09:23 PM
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Originally Posted by My Vette Life
Good luck for those prices cause that's straight up c6 territory prices
Apparently C5 sellers think they are worth as much as C6s now...I don't get it...
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Old Jul 23, 2020 | 09:41 PM
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Originally Posted by grampi50
Apparently C5 sellers think they are worth as much as C6s now...I don't get it...
everyone wants a high value but will it sell?


Only time will tell but all you have to do is look on the classified section and look at the ones that have been sold.
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Old Jul 23, 2020 | 09:51 PM
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https://www.hagerty.com/media/valuat...-sell-or-hold/
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Old Jul 24, 2020 | 12:11 AM
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Hey, if the seller can get the price they are asking, good for them.
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Old Jul 24, 2020 | 08:21 AM
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"It's not the prettiest thing on 4 wheels"...why make a statement like this? To some it could be. This article reiterates what I said, C5 prices are definitely going up...
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Old Jul 24, 2020 | 08:21 AM
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Originally Posted by Vetteman Jack
Hey, if the seller can get the price they are asking, good for them.
...and bad for buyers...
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Old Jul 24, 2020 | 10:47 AM
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I bought a 04 base, 6 speed with 49000 miles in excellent condition about 2 months ago. Paid $12,250. replaced tires due to age, otherwise no repairs.
I thought it was a great deal.
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Old Jul 24, 2020 | 11:10 AM
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Originally Posted by flatbedpete
I bought a 04 base, 6 speed with 49000 miles in excellent condition about 2 months ago. Paid $12,250. replaced tires due to age, otherwise no repairs.
I thought it was a great deal.
It was a great deal!
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Old Jul 24, 2020 | 11:14 AM
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Originally Posted by flatbedpete
I bought a 04 base, 6 speed with 49000 miles in excellent condition about 2 months ago. Paid $12,250. replaced tires due to age, otherwise no repairs.
I thought it was a great deal.
It was. Congrats on the excellent find!
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Old Jul 24, 2020 | 12:32 PM
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Originally Posted by grampi50
I am waiting for non-prime Corvette selling season, but to be honest, I really don't see prices coming down much in the off season...
It was snowing when I test drove my current C5, timing is key.
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Old Jul 24, 2020 | 12:48 PM
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I got my latest about 1.5 years ago and looked at both C5's & C6's same time, prices were still about 8-10k difference for around same mileage.

Currently at 40k miles - if anyone wants to give me $20K-$25K for mine, come get it!
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