Current Market Pricing
Thread Starter
4th Gear
Joined: Aug 2022
Posts: 4
Likes: 0
Current Market Pricing
Hi everyone,
New user here and glad to be here. I've been searching for a C5 for a while now and think I've finally found one. I would be a first time C5 owner so I'm trying to ensure I'm not getting hosed on price. It's a 2004 6MT with 48,000, clean title, in Lemans Blue. Seller is asking $19,500. Is that a fair price given the market? Would I be wrong in offering 18? Are both of these numbers unrealistic and is it worth less? Thank you for any help you can provide, I'm spending a lot of the day researching!
New user here and glad to be here. I've been searching for a C5 for a while now and think I've finally found one. I would be a first time C5 owner so I'm trying to ensure I'm not getting hosed on price. It's a 2004 6MT with 48,000, clean title, in Lemans Blue. Seller is asking $19,500. Is that a fair price given the market? Would I be wrong in offering 18? Are both of these numbers unrealistic and is it worth less? Thank you for any help you can provide, I'm spending a lot of the day researching!
5th Gear
Joined: Aug 2022
Posts: 5
Likes: 0
From: Minnesota
Assuming it's in good shape, 19,500 is a pretty solid price for the miles. I'd thoroughly check the car out and look for any issues as well as discuss the history of the car with the owner and pull a vin report and check KBB for a range in value, KBB has been doing pretty well adjusting to the changing values in the car market.. If everything looks solid, buying at that price is not getting hosed at all.
Thanks,
Rob
Thanks,
Rob
Le Mans Master
Joined: Jun 2022
Posts: 6,807
Likes: 278
From: SE Ohio
Welcome. I’m mostly familiar with C6s, but assuming this car is in good shape with no issues - price seems in line. I may suggest that in addition to KBB, you could go online to a site like CarGurus. It will let you search for year, transmission, coupe/conv., etc. This can provide you with an idea of the price people selling a car like the one you’re looking at are asking. Best of luck.
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Moving this to C5 General as it is a better place to get your answers.
Pro
Joined: May 2021
Posts: 523
Likes: 192
From: Central Ohio
Welcome! That price seems pretty fair to me compared to what I see in my area. Get a pre-purchase inspection so you know what exactly it may need (fluids, tires, clutch, etc). My local corvette shop owner loves C5's with these types of miles compared to the super low mile ones.
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Instructor
Joined: Aug 2022
Posts: 243
Likes: 93
From: Ashburn, VA
Hi everyone,
New user here and glad to be here. I've been searching for a C5 for a while now and think I've finally found one. I would be a first time C5 owner so I'm trying to ensure I'm not getting hosed on price. It's a 2004 6MT with 48,000, clean title, in Lemans Blue. Seller is asking $19,500. Is that a fair price given the market? Would I be wrong in offering 18? Are both of these numbers unrealistic and is it worth less? Thank you for any help you can provide, I'm spending a lot of the day researching!
New user here and glad to be here. I've been searching for a C5 for a while now and think I've finally found one. I would be a first time C5 owner so I'm trying to ensure I'm not getting hosed on price. It's a 2004 6MT with 48,000, clean title, in Lemans Blue. Seller is asking $19,500. Is that a fair price given the market? Would I be wrong in offering 18? Are both of these numbers unrealistic and is it worth less? Thank you for any help you can provide, I'm spending a lot of the day researching!
Instructor
Joined: Sep 2021
Posts: 198
Likes: 115
From: North Carolina
Manual, good mileage, nice color, clean title... so far, so good. Any mention of modifications, upgrades, repairs? Do you have a wishlist of items/features you do/don't want? LOTS of great info for prospective buyers in the stickies above.
To each his own but if the pre-purchase top-to-bottom inspection checks out and you like the way it feels driving it, that price is certainly fair IMO.
To each his own but if the pre-purchase top-to-bottom inspection checks out and you like the way it feels driving it, that price is certainly fair IMO.
Thread Starter
4th Gear
Joined: Aug 2022
Posts: 4
Likes: 0
According to the seller, there is slight wear in the side of the driver's seat (no surprise) and the ABS module needs replaced (doesn't affect driving other than ABS being off). He's never drove it in rain or snow and I wouldn't either as it's just a fun summer car on nice days, but if I understand the C5 years, the gen 2 ABS module is much more readily available to replace than the gen 1 modules found in 1997-2000, correct?
He also said there hasn't been any "replaced" parts such as the harmonic balancer because it's never needed it. He has owned it since 2010.
He also said there hasn't been any "replaced" parts such as the harmonic balancer because it's never needed it. He has owned it since 2010.
Last edited by matt2621; Aug 11, 2022 at 01:31 PM. Reason: Missing info
Instructor
Joined: Sep 2021
Posts: 198
Likes: 115
From: North Carolina
According to the seller, there is slight wear in the side of the driver's seat (no surprise) and the ABS module needs replaced (doesn't affect driving other than ABS being off). He's never drove it in rain or snow and I wouldn't either as it's just a fun summer car on nice days, but if I understand the C5 years, the gen 2 ABS module is much more readily available to replace than the gen 1 modules found in 1997-2000, correct?
He also said there hasn't been any "replaced" parts such as the harmonic balancer because it's never needed it. He has owned it since 2010.
He also said there hasn't been any "replaced" parts such as the harmonic balancer because it's never needed it. He has owned it since 2010.
FWIW, I spent months researching and looking for mine. Don't forget to enjoy the chase!
Best of luck to you
Thread Starter
4th Gear
Joined: Aug 2022
Posts: 4
Likes: 0
Instructor
Joined: Aug 2022
Posts: 243
Likes: 93
From: Ashburn, VA
According to the seller, there is slight wear in the side of the driver's seat (no surprise) and the ABS module needs replaced (doesn't affect driving other than ABS being off). He's never drove it in rain or snow and I wouldn't either as it's just a fun summer car on nice days, but if I understand the C5 years, the gen 2 ABS module is much more readily available to replace than the gen 1 modules found in 1997-2000, correct?
He also said there hasn't been any "replaced" parts such as the harmonic balancer because it's never needed it. He has owned it since 2010.
He also said there hasn't been any "replaced" parts such as the harmonic balancer because it's never needed it. He has owned it since 2010.
Le Mans Master
Joined: Feb 2021
Posts: 6,469
Likes: 4,312
From: Florida
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You can find an ABS through one of the many corvette used parts yard.
The car sounds really cool, and the price is fair.
The car sounds really cool, and the price is fair.