Opinions on value
Thread Starter
Drifting
Joined: Nov 2016
Posts: 1,820
Likes: 411
From: Somewhere in the middle of Kansas
Opinions on value
Considering moving up to a C7 and wondering what my Z06 would be worth. It's an '02 with 23K miles on it, black with mod red interior in almost flawless condition. Tastefully modded with a Magnuson supercharger, Calloway exhaust, and custom double din stereo system. It appears that C5's may be selling for a little more than in recent years. What are you all's thoughts?
Race Director
Joined: May 2003
Posts: 14,137
Likes: 2,985
From: Iowa
St. Jude Donor '03 thru '26
Without seeing the car it's hard to place an exact value. Prices have definitely gone up this year so I'd ask around $25,000 The low mileage and the fact it's a Z06 helps the price. Is it a one owner car? Do you have paperwork showing all the maintenance done on car? These also add value.
Thread Starter
Drifting
Joined: Nov 2016
Posts: 1,820
Likes: 411
From: Somewhere in the middle of Kansas
Yes, I have original sticker and most of the receipts for work done. It's been a garage queen the whole time I have had it and for the owner before me. I also removed the stock Z06 rims when I bought it and put new wheels and tires on it, keeping the stock Z06 rims for future buyer. Do you think a car of this ilk can actually bring $25K or you ask that and sell for 23 or 24K?
Team Owner
Joined: Apr 2008
Posts: 27,183
Likes: 228
From: Lake Michigan's South Shore IN
Pictures SCREAM 1,000 Words
Based on 40 word description you provided . . . . .
Z06
23,000 Miles
Garage Queen
Now for some words that may turn Buyers off and decrease value
Almost Flawless = Some flaws
Modded
= Oh Oh . . . Altered, Molested, Not Original, Potential ProblemsDouble Din = Electrical Slices and equivalent to Jensen Speaker Holes in the rear window shelf of a 70s Muscle Car
If this Garage Queen Z06 was 100% Stock . . . $18,000 Wholesale possible $20,500 Retail for Z factor
But since we can't SEE these tasteful mods . . . Not really sure how to adjust for them, up or down . .
Safety Car
Joined: Jan 2019
Posts: 4,308
Likes: 3,455
From: Somewhere, Florida
St. Jude Donor '20-'21-'22-'23-'24
Not everyone wants an original unmodified car.... I know - shocker to some folks here!
I think the only thing from what you've posted that will limit your pool of buyers is the mod red. Some people hate it. I think your $24-25k asking price would be reasonable in the current market. In fact, there's a guy in another thread here looking for a car just like yours. Might want to link up.
I think the only thing from what you've posted that will limit your pool of buyers is the mod red. Some people hate it. I think your $24-25k asking price would be reasonable in the current market. In fact, there's a guy in another thread here looking for a car just like yours. Might want to link up.
Melting Slicks
Joined: Oct 2016
Posts: 2,876
Likes: 2,506
Pictures SCREAM 1,000 Words
Based on 40 word description you provided . . . . .
Z06
23,000 Miles
Garage Queen
Now for some words that may turn Buyers off and decrease value
Almost Flawless = Some flaws
Modded
= Oh Oh . . . Altered, Molested, Not Original, Potential ProblemsDouble Din = Electrical Slices and equivalent to Jensen Speaker Holes in the rear window shelf of a 70s Muscle Car
If this Garage Queen Z06 was 100% Stock . . . $18,000 Wholesale possible $20,500 Retail for Z factor
But since we can't SEE these tasteful mods . . . Not really sure how to adjust for them, up or down . .
Race Director
Joined: May 2003
Posts: 14,137
Likes: 2,985
From: Iowa
St. Jude Donor '03 thru '26
Yes, I have original sticker and most of the receipts for work done. It's been a garage queen the whole time I have had it and for the owner before me. I also removed the stock Z06 rims when I bought it and put new wheels and tires on it, keeping the stock Z06 rims for future buyer. Do you think a car of this ilk can actually bring $25K or you ask that and sell for 23 or 24K?
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Drifting
Joined: Mar 2018
Posts: 1,365
Likes: 414
From: New Jersey
When people are buying they see low prices everywhere but they have no idea what they are looking at except a price in an ad. When they are selling they think they have gold. I know someone that just sold a pretty good 2001 heads and cam 45k Z06 for $22500 pretty quickly. He had it originally listed for 25k because he really did not want to really sell it and there was very little interest at that price. Came down to 22500 and sold immediately.
Melting Slicks
Joined: Nov 2008
Posts: 2,185
Likes: 641
From: Garland TX
Good time to sell, but you will be paying a premium for a C7. C7 prices are pretty much at an all time high. A couple of my buddies sold their C7 for 4-5k more than they paid for the car several years ago.
Pro
Joined: May 2000
Posts: 655
Likes: 60
From: Tampa
I bet you could easily get over $25k for that car in this market. I would list it at $28,500 or so. Sounds like you are similar to this one currently for sale. 2004 with Maggie
Racer
Joined: Jun 2019
Posts: 457
Likes: 322
From: Gulf Coast, FL
Do some analysis with the easily available tools such as Edmunds, KBB, fast online quotes from Carvana and CarGurus (in my experience, they'll lowball you so add 40%+ or so but at least you have a "dealer" estimate...), CorvetteDNA, etc. and figure out your ask and what you can live with. Arbitrarily posting at some high price suggests that buyers also won't do the work you didn't do (Research!). We (buyers) will.
And as noted above, be honest and accurate with descriptions. No 20+-year-old car is flawless. Plastic gets brittle, paint gets chipped, interiors lose integrity too. GLWS; sounds like you have something to offer.
And as noted above, be honest and accurate with descriptions. No 20+-year-old car is flawless. Plastic gets brittle, paint gets chipped, interiors lose integrity too. GLWS; sounds like you have something to offer.
Racer
Joined: Oct 2012
Posts: 291
Likes: 68
From: Birmingham Alabama
Not everyone wants an original unmodified car.... I know - shocker to some folks here!
I think the only thing from what you've posted that will limit your pool of buyers is the mod red. Some people hate it. I think your $24-25k asking price would be reasonable in the current market. In fact, there's a guy in another thread here looking for a car just like yours. Might want to link up.
I think the only thing from what you've posted that will limit your pool of buyers is the mod red. Some people hate it. I think your $24-25k asking price would be reasonable in the current market. In fact, there's a guy in another thread here looking for a car just like yours. Might want to link up.
Safety Car
Joined: Jan 2019
Posts: 4,308
Likes: 3,455
From: Somewhere, Florida
St. Jude Donor '20-'21-'22-'23-'24
Shocker - there's more than one way to enjoy a car.
Some of you guys crack me up.
Racer
Joined: Oct 2012
Posts: 291
Likes: 68
From: Birmingham Alabama
Safety Car
Joined: Jan 2019
Posts: 4,308
Likes: 3,455
From: Somewhere, Florida
St. Jude Donor '20-'21-'22-'23-'24
8th Gear
Joined: May 2021
Posts: 8
Likes: 1
From: Southern California
Drifting
Joined: Jun 2006
Posts: 1,444
Likes: 401
From: Palm City
St. Jude Donor '06-'11
Considering moving up to a C7 and wondering what my Z06 would be worth. It's an '02 with 23K miles on it, black with mod red interior in almost flawless condition. Tastefully modded with a Magnuson supercharger, Calloway exhaust, and custom double din stereo system. It appears that C5's may be selling for a little more than in recent years. What are you all's thoughts?