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Found this 2000 Corvette listed for about US$21,900. It’s a 5.7L LS1 automatic, apparently “always garaged, never driven in the rain”, and comes with original manuals, window sticker, both sets of keys. The interior is black leather, removable roof panel, etc.
My questions:
Does that listing price seem fair for a 2000 Corvette in that condition and with those claimed miles/ownership history?
How reliable is the 4L60E automatic in this car (for everyday driving vs weekend fun), and what common maintenance costs should I budget for if I buy one like this?
Price seems a bit high. Prices are seasonally adjusted in some northern areas based on demand. The L460E is reliable and will last longer that the normal clutch in the M6 but it is common for the retaining clips at the end of the shift cables to eventually fail. For comparison two years ago, I picked up a 2002 vert, a garage queen with 52k miles for $15k. Prices seem lower in SW Florida than other areas. If you like the vehicle and it checks out, I suggest you do some research and make a lower offer far below the asking price. Beware that many of the older garage queens have old, dated tires which could cost $1,200 or more to replace. Check to see if the harmonic balancer at the end of the crank shaft wobbles when running. Good luck!
Found this 2000 Corvette listed for about US$21,900. It’s a 5.7L LS1 automatic, apparently “always garaged, never driven in the rain”, and comes with original manuals, window sticker, both sets of keys. The interior is black leather, removable roof panel, etc.
My questions:
Does that listing price seem fair for a 2000 Corvette in that condition and with those claimed miles/ownership history?
How reliable is the 4L60E automatic in this car (for everyday driving vs weekend fun), and what common maintenance costs should I budget for if I buy one like this?
Thanks a lot
All the cars that place has for sale are high priced.
I take it you are from outside the U.S. and will be importing whatever car you buy?
I suggest you concentrate on 2001 and later listings, earlier cars have ABS controllers that fail and no replacements are available and nobody offers good reman units, plus later cars have the updated engine power ratings.
4L60E trans is good so long as you are not pushing much higher than stock power through it.
There are many good online car sales listing sites, keep looking.
I have been looking heavily at the C5 market for about two months now trying to get a feel for it. There are a number of fairly nice Vettes out there for less than this, just takes some diligence to find the right one, try searching some different sites. It is overpriced. You mentioned weekend fun....are you set on an automatic? Just my opinion but a stick is a lot more fun.
1997-2000 AND being auto should push the price down. Dealers can say whatever they want. And these cars have all sorts of electrical issues, so don't be surprised when issues start to pop up regardless of if the car has typical or low mileage, seen rain or not.
yeah that's like Manual 2003/4 pricing. Car is worth like 18k best case scenario. I never blame someone in spending a little extra if it's the perfect spec, local, etc. But this is clearly overpriced.
for a 2000 coup with almost 40k miles, $20k you're paying more than you should.
If it had less 25k miles, sure, maybe. But at that milage, with an auto, for 97-2000, prices are really more in the 15-18k range.
for those years, once you break into the 20k range, you're starting to get into '00 manual/convertible territory.
On the EBCM issue, yes, it's an issue for those years, but it is massively overstated. If the price is right and the car is in good shape, there's no reason not to get a 97-2000. The '01 and on likewise have issues with the EBCM -- the difference is that in *some* (not all) cases they can be repaired, but if not, they likewise are no longer being manufactured, and you'll have to find a used one (though there were more of them made, and they ARE cheaper than a 97-2000 ebcm)
that said, , I would always recommend getting the newest used c5 you can get, and at that price, you're getting close to the price for an '01 auto coupe with similar miles.