Notices
C5 General General C5 Corvette and C5 Z06 Discussion not covered in Tech

2003 50th goes for $49k

Thread Tools
 
Search this Thread
 
Old Oct 8, 2024 | 01:13 PM
  #1  
jjc508520's Avatar
jjc508520
Thread Starter
Melting Slicks
10 Year Member
Photogenic
Photoriffic
Shutterbug
 
Joined: Aug 2014
Posts: 2,470
Likes: 460
From: East Windsor NJ
Default 2003 50th goes for $49k

Something like 50 miles on it - plastic still on the seats…
Reply
Old Oct 8, 2024 | 02:28 PM
  #2  
449er's Avatar
449er
CF Community Team
10 Year Member
Community Builder
Liked
Community Favorite
 
Joined: Apr 2016
Posts: 14,163
Likes: 7,439
From: Pittsburgh
2025 C6 of the Year Finalist - Unmodified
2024 C6 of the Year Finalist - Unmodified
2023 C6 of the Year Finalist - Unmodified
2022 C6 of the Year Finalist - Unmodified
2021 C6 of the Year Finalist - Unmodified
Default

Lots of money for a 21-year-old car but where would you find another one? This should be kept as part of a car collection or a museum to keep its value because the minute you drive it, the value plummets
Reply
Old Oct 8, 2024 | 02:32 PM
  #3  
jjc508520's Avatar
jjc508520
Thread Starter
Melting Slicks
10 Year Member
Photogenic
Photoriffic
Shutterbug
 
Joined: Aug 2014
Posts: 2,470
Likes: 460
From: East Windsor NJ
Default

Originally Posted by 449er
Lots of money for a 21-year-old car but where would you find another one? This should be kept as part of a car collection or a museum to keep its value because the minute you drive it, the value plummets
that’s exactly what the commentators were saying 👍
Reply
Old Oct 8, 2024 | 03:18 PM
  #4  
hyperv6's Avatar
hyperv6
Melting Slicks
Community Builder
Liked
Loved
Community Favorite
 
Joined: Mar 2023
Posts: 2,951
Likes: 1,701
From: North Coast
Default

Originally Posted by jjc508520
Something like 50 miles on it - plastic still on the seats…
Sadly if they had invested this money wisely they would made money vs lose money in this deal.

yes driving is out unless you just wanted a new C5 and don’t care about values.

I would just drive it.
Reply
Old Oct 8, 2024 | 09:59 PM
  #5  
helphos's Avatar
helphos
Burning Brakes
15 Year Member
 
Joined: Nov 2009
Posts: 828
Likes: 103
From: Olney MD
Default

I'm gonna save this for when I go to sell my 50th Anniversary C5! Mine has about 160K miles, but that's the only difference!
Reply
Old Oct 8, 2024 | 10:47 PM
  #6  
Vader_C5's Avatar
Vader_C5
Melting Slicks
Supporting Gold
10 Year Member
Community Influencer
Community Favorite
Top Answer: 5
 
Joined: May 2013
Posts: 3,030
Likes: 1,439
From: New Jersey
2025 Corvette of the Year Finalist - Unmodified
2024 C2 of the Year Winner - Unmodified
2024 C1 of the Year Finalist - Unmodified
2023 C2 of the Year Finalist - Unmodified
2023 C5 of the Year Winner - Unmodified
St. Jude Donor '25
Default

Crazy, but yes, to retain the value, this can never be driven...what's the point?
Reply
Old Oct 9, 2024 | 06:10 AM
  #7  
hyperv6's Avatar
hyperv6
Melting Slicks
Community Builder
Liked
Loved
Community Favorite
 
Joined: Mar 2023
Posts: 2,951
Likes: 1,701
From: North Coast
Default

We see this on 1988 Fiero’s. Many put them away thinking they would get rich and they sell them niw with no miles and break even. Not counting storage and financing.

Everyone wants to collect the next Shelby. But many forget no one wanted a Cobra in the 70’s as it was just a beat up race car. Same for a 250 GTO. Nick Mason paid something like $15K for his and today it’s closing in on $100 million. Yet he drives his to the store and races it.

Last edited by hyperv6; Oct 9, 2024 at 06:17 AM.
Reply
Old Oct 9, 2024 | 06:12 AM
  #8  
hyperv6's Avatar
hyperv6
Melting Slicks
Community Builder
Liked
Loved
Community Favorite
 
Joined: Mar 2023
Posts: 2,951
Likes: 1,701
From: North Coast
Default

Originally Posted by helphos
I'm gonna save this for when I go to sell my 50th Anniversary C5! Mine has about 160K miles, but that's the only difference!
That is what they call experience not miles.😂
Reply
Corvette Stories

The Best of Corvette for Corvette Enthusiasts

story-0

10 Ugly Corvettes That We Still Kinda Love

 Joe Kucinski
story-1

Top 10 Most Expensive Corvettes Ever Sold on Bring A Trailer

 Brett Foote
story-2

10 Things Every Corvette Owner Needs (2026 Edition)

 Michael S. Palmer
story-3

8 Most "Only Corvette Owners Understand" Quirks and Problems

 Pouria Savadkouei
story-4

10 Reasons the C6 Z06 is Still A Performance Benchmark After 20 Years

 Joe Kucinski
story-5

How Much Horsepower Every Corvette Engine "LOST" in 1972

 Joe Kucinski
story-6

Top 10 DOs and DON'Ts for Protecting Your Convertible Top!

 Michael S. Palmer
story-7

Top 10 Most Explosive Corvettes Ever Made: Power-to-Weight Ratio Ranked!

 Joe Kucinski
story-8

150 hp to 1,250 hp: Every Corvette Generation Compared by the Specs That Matter

 Joe Kucinski
story-9

8 Coolest Corvette Pace Cars (and Replicas) of All Time

 Verdad Gallardo
Old Oct 10, 2024 | 03:06 AM
  #9  
Vetteman Jack's Avatar
Vetteman Jack
Administrator
Supporting Lifetime
Veteran: Navy
St. Jude 20 Year Donor
25 Year Member
Veteran: Reserves
 
Joined: Mar 2001
Posts: 368,415
Likes: 24,798
From: In a parallel universe. Currently own 2014 Stingray Coupe.
C7 of the Year - Modified Finalist 2021
MO Events Coordinator
St. Jude Co-Organizer
St. Jude Donor '03 thru '26
NCM Sinkhole Donor
CI 5, 8 & 11 Veteran
Default

Sorry, as much as I really like the 50th AE cars and this one as basically new, no way I would pay that much for the car. Someone has way too much money to spend.
Reply
Old Oct 10, 2024 | 11:10 AM
  #10  
4XLR8N's Avatar
4XLR8N
Le Mans Master
10 Year Member
Pro Mechanic
Liked
Top Answer: 5
 
Joined: Apr 2012
Posts: 7,818
Likes: 2,267
From: Brighton MI
Default

Originally Posted by 449er
Lots of money for a 21-year-old car but where would you find another one? This should be kept as part of a car collection or a museum to keep its value because the minute you drive it, the value plummets
Reply
Old Oct 10, 2024 | 02:03 PM
  #11  
bc6152's Avatar
bc6152
Drifting
Liked
Loved
Community Favorite
Top Answer: 1
 
Joined: Jul 2017
Posts: 1,365
Likes: 471
From: S.E. Pennsylvania
Default

Curious as to the cost of this car when purchased. $49k minus seller's fee, transportation, storage, NOT DRIVING IT, equals a pretty good loss of money, time, and enjoyment. Now the new owner must update all the various components that deteriorated over 21 years...
Reply
Old Oct 10, 2024 | 03:17 PM
  #12  
hyperv6's Avatar
hyperv6
Melting Slicks
Community Builder
Liked
Loved
Community Favorite
 
Joined: Mar 2023
Posts: 2,951
Likes: 1,701
From: North Coast
Default

Originally Posted by bc6152
Curious as to the cost of this car when purchased. $49k minus seller's fee, transportation, storage, NOT DRIVING IT, equals a pretty good loss of money, time, and enjoyment. Now the new owner must update all the various components that deteriorated over 21 years...
Yes loss but I would wager that the owner passed and the family sent it auction.
Reply
Old Oct 10, 2024 | 03:38 PM
  #13  
Elektro's Avatar
Elektro
Pro
Liked
Loved
Community Favorite
Top Answer: 1
 
Joined: Jun 2022
Posts: 691
Likes: 317
From: NW OH
Default

When new that was a $50k car (~86k in 2024 dollars)
Reply
Old Oct 10, 2024 | 05:31 PM
  #14  
VBMG@042021's Avatar
VBMG@042021
8th Gear
All Eyes On Me
 
Joined: Oct 2024
Posts: 8
Likes: 0
Default

Mine was priced at $65,000
Reply
Old Oct 12, 2024 | 04:01 PM
  #15  
c5arlen's Avatar
c5arlen
Safety Car
Liked
Loved
Community Favorite
Top Answer: 1
 
Joined: May 2015
Posts: 3,680
Likes: 1,040
Default

Ahhh. Perfect timing for some down to earth thinking... That's the monetary value we C5 folks wanta see...and experience!... Goodness.. Look what has happened to the value of the split window... Ridiculous! The C5 gonna run circles around that thing!.. and for a measly 25 thousand bucks!... The C5 is definitely the better Corvette and should warrant the "big bucks" not a sight inhibited heavy fuel guzzling old timer that can't dance!! 🤨
Reply
Old Oct 12, 2024 | 08:39 PM
  #16  
jcgunn's Avatar
jcgunn
Melting Slicks
20 Year Member
Veteran: Air Force
Liked
Community Favorite
 
Joined: Mar 2004
Posts: 2,411
Likes: 412
From: Horseshoe Bend ID
Default

Lesson learned: Don't go to the auction with your cousin Jack...
Reply
Old Oct 16, 2024 | 10:41 AM
  #17  
xelerator's Avatar
xelerator
Instructor
20 Year Member
All Eyes On Me
 
Joined: Apr 2005
Posts: 121
Likes: 18
From: MO.
Default

Originally Posted by c5arlen
Ahhh. Perfect timing for some down to earth thinking... That's the monetary value we C5 folks wanta see...and experience!... Goodness.. Look what has happened to the value of the split window... Ridiculous! The C5 gonna run circles around that thing!.. and for a measly 25 thousand bucks!... The C5 is definitely the better Corvette and should warrant the "big bucks" not a sight inhibited heavy fuel guzzling old timer that can't dance!! 🤨
I get the C5 handles better, more powerful and comfortable with today technology , but what happens in 50 years when the electronics for the C5 cannot be sourced? You can drop a 700CI engine in the split window and go down to the local station and get it inspected. The C5 is going to require emissions,etc and you have no computer, ABS, active handling etc. running the spit window.
Reply
Old Oct 16, 2024 | 11:55 AM
  #18  
helphos's Avatar
helphos
Burning Brakes
15 Year Member
 
Joined: Nov 2009
Posts: 828
Likes: 103
From: Olney MD
Default

Originally Posted by xelerator
I get the C5 handles better, more powerful and comfortable with today technology , but what happens in 50 years when the electronics for the C5 cannot be sourced? You can drop a 700CI engine in the split window and go down to the local station and get it inspected. The C5 is going to require emissions,etc and you have no computer, ABS, active handling etc. running the spit window.
I share your fears concerning the manufacturer's abandonment of perfectly good (20+ year old) products. The number of critical parts that can't be bought new increases every day. I don't look at my C5 as an investment, but I do worry that the value (and my level of Vette-enjoyment) goes down when something breaks that can't easily be fixed. Your point about the 'pre-electronics' Vettes is well taken!
Maybe I should be looking for a mid '70's vette that needs some attention as my long term Vette!
Reply
Old Oct 16, 2024 | 12:52 PM
  #19  
hyperv6's Avatar
hyperv6
Melting Slicks
Community Builder
Liked
Loved
Community Favorite
 
Joined: Mar 2023
Posts: 2,951
Likes: 1,701
From: North Coast
Default

Originally Posted by xelerator
I get the C5 handles better, more powerful and comfortable with today technology , but what happens in 50 years when the electronics for the C5 cannot be sourced? You can drop a 700CI engine in the split window and go down to the local station and get it inspected. The C5 is going to require emissions,etc and you have no computer, ABS, active handling etc. running the spit window.
Here is the deal. If you had a 2000 Olds Alero FWD I would be concerned about finding parts. Not many left and not many people collecting them. Just no market for parts.

Things like the ESC and other needs will be met in time. As demand for repairs to these common issues they will be addresses as there will be money to be made. The Corvette market is driven by the number of cars still on the road and the number made. I expect the C5 to be addressed in the coming years. 25 Years is not old. Half the cars on the road today are 12-15 years old today. Once the demand goes higher more products will be made.

As for the Emissions, who knows. That is a state by state thing subject to change any time.

The aftermarket is good at fixing things. Look back there were many parts we could not get and today there are enough parts to build a complete car from reproduction parts.


Reply

Get notified of new replies

To 2003 50th goes for $49k





All times are GMT -4. The time now is 09:51 AM.

story-0
10 Ugly Corvettes That We Still Kinda Love

Slideshow: 10 ugly Corvettes that we still kinda love.

By Joe Kucinski | 2026-06-03 10:34:17


VIEW MORE
story-1
Top 10 Most Expensive Corvettes Ever Sold on Bring A Trailer

A lot of money has changed hands at the online auction house over the years.

By Brett Foote | 2026-06-03 10:21:50


VIEW MORE
story-2
10 Things Every Corvette Owner Needs (2026 Edition)

Slideshow: 10 great gifts Corvette enthusiasts actually want for Father's Day!

By Michael S. Palmer | 2026-06-03 15:43:40


VIEW MORE
story-3
8 Most "Only Corvette Owners Understand" Quirks and Problems

Slideshow: These are the quirks, annoyances, and oddly lovable problems that every Corvette owner eventually learns to live with.

By Pouria Savadkouei | 2026-05-28 09:31:39


VIEW MORE
story-4
10 Reasons the C6 Z06 is Still A Performance Benchmark After 20 Years

Slideshow: 10 reasons why the C6 Z06 is still a performance benchmark after 20 years.

By Joe Kucinski | 2026-05-27 17:20:09


VIEW MORE
story-5
How Much Horsepower Every Corvette Engine "LOST" in 1972

Slideshow: How much horsepower every Corvette engine lost in 1972.

By Joe Kucinski | 2026-05-27 16:54:53


VIEW MORE
story-6
Top 10 DOs and DON'Ts for Protecting Your Convertible Top!

Slideshow: How to Protect A Convertible Top: 10 DOs & DON'Ts

By Michael S. Palmer | 2026-04-03 00:00:00


VIEW MORE
story-7
Top 10 Most Explosive Corvettes Ever Made: Power-to-Weight Ratio Ranked!

Slideshow: The 10 most explosive Corvettes ever built based on power-to-weight ratio.

By Joe Kucinski | 2026-05-20 07:23:03


VIEW MORE
story-8
150 hp to 1,250 hp: Every Corvette Generation Compared by the Specs That Matter

Slideshow: From C1 to C8 we compare every Corvette generation by the numbers.

By Joe Kucinski | 2026-05-12 16:54:12


VIEW MORE
story-9
8 Coolest Corvette Pace Cars (and Replicas) of All Time

Slideshow: Some Corvette pace cars became collectible legends, while others perfectly captured the look and attitude of their era.

By Verdad Gallardo | 2026-05-11 09:50:51


VIEW MORE