Thoughts? 2000 Chevrolet corvette
Thread Starter
Heel & Toe
Joined: Aug 2022
Posts: 15
Likes: 1
From: Pacific Northwest
Thoughts? 2000 Chevrolet corvette
https://www.facebook.com/marketplace/item/1406145804039066?rid=10237657633841119&ad_id&rt=1&refID=0&refType=0&referral_code=commerce_attachmentUsed 2000 Chevrolet Corvette Base For Sale $16,579 | Cars.com Driven 117,099 miles Automatic transmission
Exterior color: Burgundy · Interior color: Red.
So this is about 5 miles from my house, a good friend of mine works there, I took it for a test drive, runs and drive's great, so I offered a trade in my Chrysler 300 2016 which is paid for and they offered 11.000 and payments for the next 4-5 years around 250.00 depending how much I can spend. I don't know a lot about these years so Im asking the experts here, do i bite the bullet and have a new bill to pay? Or is this just a waste? What say you? 
$16,579
Melting Slicks
Joined: May 2013
Posts: 3,028
Likes: 1,439
From: New Jersey
2025 Corvette of the Year Finalist - Unmodified
2024 C2 of the Year Winner - Unmodified
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St. Jude Donor '25
First thing I noticed, the picture on Cars.com has 117,00 KILOMETERS, not miles, that is just a toggle of a switch on the DIC. So, the car really has ~73,000 miles.
Now, 73k MILES is not a tremendous amount for this car, but you will still have to do the basic maintenance (all fluids, balancer if it hasn't been done, etc.). The CarFax also shows this is a 1-owner car, and dealer serviced, which is nice.
As far of the price, it is slightly higher than what I would pay. This is a 2000 automatic. I would say a fair price is about ~$15k.
Now, 73k MILES is not a tremendous amount for this car, but you will still have to do the basic maintenance (all fluids, balancer if it hasn't been done, etc.). The CarFax also shows this is a 1-owner car, and dealer serviced, which is nice.
As far of the price, it is slightly higher than what I would pay. This is a 2000 automatic. I would say a fair price is about ~$15k.
Drifting
Joined: Aug 2014
Posts: 1,402
Likes: 394
From: Virginia
St. Jude Donor '18
Is this going to be your ONLY car?
$11,000 trade in.
$12,000 in payments if you go $250x48 months. I am guessing that includes tax/tags/fees. They are probably also charging you a ridiculous "processing fee".
So in 4 or 5 years, you are going to have $21K into a car that's likely going to be worth $8K or so, depending on the miles and condition. While I also own a 2000 Corvette that was originally my Father's, the 2001-2004 C5s are a better years to buy. You could find out about that in the Sticky Posts.
PLUS, you are going to have maintenance items and things that break on a 25 year old car.
IMHO, not a smart move.
Remember, someone traded that in, and they MIGHT have given them $10K on trade. They are laughing all the way to the bank on this deal.
And your profile says Pacific Northwest. Most of that area has snowfall, as well as a lot of rain days. How much are you really going to be able to enjoy the car?
$11,000 trade in.
$12,000 in payments if you go $250x48 months. I am guessing that includes tax/tags/fees. They are probably also charging you a ridiculous "processing fee".
So in 4 or 5 years, you are going to have $21K into a car that's likely going to be worth $8K or so, depending on the miles and condition. While I also own a 2000 Corvette that was originally my Father's, the 2001-2004 C5s are a better years to buy. You could find out about that in the Sticky Posts.
PLUS, you are going to have maintenance items and things that break on a 25 year old car.
IMHO, not a smart move.
Remember, someone traded that in, and they MIGHT have given them $10K on trade. They are laughing all the way to the bank on this deal.
And your profile says Pacific Northwest. Most of that area has snowfall, as well as a lot of rain days. How much are you really going to be able to enjoy the car?
Last edited by Sydwayz; May 13, 2025 at 02:32 AM.
Burning Brakes
Joined: Apr 2006
Posts: 755
Likes: 142
Nice car for sure, It has the right options such as heads up display, climate control, cd, etc and it is a convertible with a nice color combo! However I do not recommend this as a daily driver, if you have another vehicle you can use especially in winter than that's great! I owned a 2000 Corvette and it was very reliable for the 10 years I have owned it.
