Private Party ~ not a Stealership ~ that saves on their $3K Profit

A seller who realizes their parting with a 20 year old car than in essence was produce to a tune 35,000 per year, hardly a rare collectible

Yes Z06 adds value . . But really, ask any Driver today under the age of 40 if they know how to, or ever have driven a Manual Transmission car . .
Let alone one with some HP and Torque behind it . . . ( even as tame a the C5 is a Manual )

Venture to say that number is 5 out of 100 which eliminates a large segment of the buying public making a Z06's less desirable.

 

Great point especially since I'm looking for one. I think they are worth way less.

 

lol "stealership"

 

You naysayers need to sell your garbage to the private party sellers selling here on the Forum and those selling at auction lately. But, if it makes you fell better and more secure to not understand how the market has changed lately... good for you!

 

You're living in a fantasy world. While you are correct that the manual car is a dying breed. the FACT is that manual C5s typically sell for MORE than automatics. Z06 are worth MORE than any other type of C5. The Z06 is the track oriented C5. Most people who are looking for a track car know how to drive a stick shift. For that matter, a lot of people who are looking for a fun sports car also know how to drive stick. To seriously claim that the Z06 (which is lighter, more powerful, and has a better suspension and bigger tires) is less desirable than a base model automatic coupe is just laughable.

To the OP without seeing pictures I would say around $25K.

 

IMO, this is the correct answer.

 

There’s many online tools for this, the one I checked showed 26K however adding the mods decreased the value to 21K So I would ask 26K IF it were mine and selling it. As a buyer would be thinking 20K GLWS

 

Yeah, my modified Z06, with 64k miles, sold for almost $30k. Probably could have gotten a lot more, if I had left it stock.

 

What did you have in it dollar wise as far as mods ?
I’ve got THOUSANDS of dollars in my Cadillac and they’ve decreased the cars value to MOST people.
Could I sell my car for a better than stock price ? Maybe but it’s still a giant loser. Maybe the Z06 is different and the customers for that high performance car appreciate modifications more. It’s been my lifelong experience mods as much fun as they are kill the value.

 

I don't think mods kill the value of a C5 regardless of whether it it is a Z06, coupe, or convertible. On the other had, I don't think mods add that much value either. Some say the seller might get only 10% of the costs of the mods. Some say 50%. I would venture some where in-between those percentages is the true number. I've stuck a lot of $ modifying my C5s and I have collector's insurance on them to reflect that cost. Could I sell them for that kind of $, probably not, unless the right buyer just happens to like what I've done to the Corvettes.

 

It’s an interesting conversation and I don’t want to be a troll about it. Just curious 🤨 Been thinking about buying a C5 and making it nasty 🤢

 

I probably had close to $30k invested in the car but I owned it for almost three years. However, I've never purchased a car with the intention of selling it. They are just vessels for my creativity and enjoyment so I rarely make any profit when they do sell. If I wasn't spending my money on them, I'd probably be spending it on something else that gives me pleasure.

It does help that right now, it's a seller's market for decent C5's. Good time to sell, bad time to buy.

 

I manual transmission is a theft deterrent. Lost people under 30 can not drive one.
The 1st car I bought was a stick shift. I had never driven one before and it took me a few times to get going but I did it.
That car was an 82 VETTE yes an actual 82 Vette CHEVETTE

 

in reading some posts today, I've noticed some people get downright snippy if one questions the added worth of modifying a corvette. Doesn't faze me, I have enough market experience, although rarely with cars, to know that all value is subjective. I have to wonder why some are so defensive when the stakes are so small.

in my case, I wouldn't even look at purchasing a street car without smog equipment, since it is now clearly a life or death decision for the planets future, with the knowledge now commonly available to all in 2021.

Plus, such a car can't be registered in my state for street use even if I had the interest. one can still modify a car in california, but it is the same old story, speed costs money , some people lack the money, or the knowledge of how to obtain their goals without breaking the local laws, others manage within society's rules. Some might value a car with a pollution signature that would anger almost every mom at the neighborhood back yard BBQ, not me.

so it follows that a car with tacky stick on plastic chrome grills and death heads gathered off of the side isle of a parts store's neglected close out folding table would actually be more valuable to me than a car sporting the "tasteful" mods listed in the car under discussion. From reading posts offered here, it is not a cheap and easy task to put the stock pipes and smog stuff back on, since most pipes were cut off and thrown away when the headers went on, and all the other good C5 exhausts are usually attached to a car, and would probably be missed.

 

Thanks for all the comments. I need to take some good pictures and post it up. Condition on this car is not an issue, it even has some new smell yet ( at least it smells that way to me when I get in it). The mods, esp the Maggie are a fairly desirable deal esp. with the low miles and just looking at some other asking prices, I was shocked. I paid $24K for this car in 2016 and it had 19K miles on it. I put 4K miles on it and really just enjoyed it as a Sunday driver. Now I see similar cars on sale for much more, presumably selling for less than asking, but still well over what I paid 5 years ago. I know there are so many cars out there with waaaaaaayyyyy more HP than what this has, but this was the fastest hot rod I have owned. The overall performance combined with the relative luxury of a corvette makes it a cool machine from that era, in my humble opinion.

 

yes.. until you get a gremlin and nobody can diagnose it.

 

Find a better shop. They're out there.

 

Value of the Mods.... If only one could know the Quality (the key word here) of the build one is looking at!.. You don't want to get screwed... Visions of things less than perfect and expensive dancing in your head.... You're question is, will it fail... will it be a high dallars fix?... 🤔 Shoot, I'll just get a stocker.

 

Well...lets see...since you never put an MCM SC hood on it, i would say $25,000+ would be a fair price... if you put it for sale in the "real world market "...not the "lowballer CF market" and be patient, a wonderful Vette like yours will sell...that's my .02 and i'm sticking to it...

 

Well seeings as how you would not sell me yours or otherwise it would have an MCM hood on it, I will just have to live with the hood it has, which looks pretty dang good, IMO. You still hoarding those darn things?