If you can find a 04' for 39k I will gladly buy another one

 

The Z is listed at 44k and change not 38k or 39k!

 

As another reference point, I paid $38,500 for my 02 Z about 1 month ago. It only had 6000 miles and is in perfect condition with some factory warranty left. I was also very specific in the color that I wanted which was torch red with mod red interior. This combo seemed to be very rare in leftover 04 Zs so I went with the 02. Maybe I paid a little too much but I am satisfied in that the car is in showroom condition and there are virtually no differences between the 04 and the 02.

Also remember, than any time you are selling your car to a dealer you are not going to get a good price. He has to mark it up and sell it someone else. In other words, you will get only wholesale.

 

Umm, doesn't that say $44,835???

 

Yes, but it is also for a Z16 - wasn't that 4 or 5 k higher than a base
Z06?

I see that they do not show a base z06 in the offers - but I am sure that they would deal in kind for one.

It comes as no surprise to me that C5's are selling at fire-sale prices - and that this would push the market for used cars lower - not sure what the commotion is about.

Still awesome cars - eat 'em up folks!

best regards -

mqqn

 

as of about 3 weeks ago there were approx 6 tr/mr '04 z06's west of the mississippi. now, however, there's at least one less!

so yes, tr/mr is a tough to find combo in a new '04 z!

i'm very happy with the deal i got, and it's within 1-2k of the rock bottom prices to be had if you search far & wide and agonize about it. i wasn't going to do that since i had already sold my car and wanted to enjoy a new z this summer, so i made an offer to my local dealer based on the best forum dealer price, and the local guy came real close to matching it (i also got my previous c5 from him, so they were interested in repeat business). i understand he's gotta make a few bucks profit, and hey, i want that dealer to be around when i have to go in for warranty work...

thanks gmac for the 0% financing! when you opt for the 0% financing, you lose the current $4k factory cash incentives, by the way. only incentive left is what you negotiate with the dealer. most will move around 6-8k off msrp right now. if you walked in with a check to buy outright, however, you're looking at anywhere from 45-48k out the door (incl tax, title, etc).

by the way, the dealer i bought my car from also had a $10k "market adjustment" markup on a commemorative z in the showroom. i just laughed to myself, figure somebody's gonna get hosed. what they lost with me will be made up with the sap who pays that fee. given they're down the street from a ferrari/aston martin/lambo dealer, somebody impulsive with a big checking account probably won't care if he/she has gotta have a new commemorative z. ahh, pity the uninformed consumer...

 

Umm . . . I think you need to go buy another one because you didn't read all of the posts above. CAPTKEN28 said that he just got his for that price range. Others have said that they paid in the $44-45K range out the door (which includes thousands of dollars in tax, license, title, etc.). And the Kirbeck cite lists a Z16 which was selling for several thousand dollars more than a std Z06. Sorry, but the facts are the facts. Happy buying!

 

I've been lowballed my Carmax before also.

 

I bought mine from Ken at the vette net. Great guy and all they do is vettes. Carmax... yea I looked through the new one here and no vettes. Ken is great and if you realy do want to sell your Z, he is the man. I would never sell mine, but man maybe I need another one now... like the C6 Z (427 3 vavle???)
Dave

 

A piece of advice - if you buy a moderately expensive car and need high resale - don't buy it. All new cars do, is go down in value.

I really had no expectation of any resale value when I bought my Z new car, so I won't be disappointed irrespective of what I sell it for. An alternative for you might be to buy a really cheap car and invest the difference. This way you will often end up with more money than what you started with.

 

It is a myth to think Carmax will offer you more $$$ if you sell a car to them. They still are in the money-making business, and they have to turn around and re-sell it at a fair market price. Just like a dealership.

Look at the price of new '04's. Currently $4000 rebates, and even this web forum says dealers will sell a new '04 at invoice (or less) in addition to the rebates. Do the math! Then take a look at MaxiePrice for example, and look at the great deals you can get on a brand new '04! ($12,000 under MSRP). Why would anyone buy a used '03 or earlier model for the same price! ANY used earlier models will naturally go for much less....So we have to be realistice when selling a used '03 or earlier model.

 

Carmax is good for buying and selling Toyota Camrys and the like. A Z06 is way beyond their level of expertise.

 

Thanks for all the input.

I checked with a friend who is in the wholesale market and because of the steep discounts they are putting on new ones the bottom basically fell out and it is definitely a buyers market. He said they are going for $27- $29g at the auction even with low miles and a good history.

Carmax here had 5 vettes on their lot. They did offer more than any local dealer ($29500). The best offer from any Chevy dealer was $29 and the low was $27. Surprisingly the more they asked for the new ones the more they would give on the used one and vice versa.

As you can see below from Kerbeck's web site this puts in perspective.

By the way I received 0 responses to my print adds and 1 response on all the different forums. I asked $34 at first and lowered it to $33 negotiable...didn't help.

The nicest thing about all this is I picked up my new Z16 from Kerbecks Friday afternoon with a measely $12500 discount. Less than what I paid for my '02 and drove it back home with a very large smile on my face. It does ride different than the 02 and the seats feel better. Oh, and that Lemans Blue sure is pretty.

I guess I was amazed how fast it went down in value because my first vette sold for what I bought it for 4 years later. It was a '80 and that car looked good but performance wise it sucked.

2004 Corvette Coupe
Commemorative Edition
Lemans Blue Exterior
Shale Interior
LS-1 V8 350 HP
VIN:45131530
Leather Seating Surfaces
Sport Seats
Power Driver Seat
Pwr Passenger Seat
Front License Plate Frame
Pwr Windows
Pwr Locks
Pwr Mirrors
Dual Zone Air Cond
Drvr and Pass Airbags
$38,745
MSRP $48745
Kerbeck Discount $6000
GM Loyalty Rebate $4000
in lieu of GMAC Special Financing
Total Savings $10000
You Pay $38745


New 2004 Corvette Coupe
LS-1 V8 350 HP
VIN: 45131693
Automatic Trans
Black Exterior
Blk Interior
Leather Seating Surfaces
Power Driver Seat
Removable Solid Top
Dual Zone Air Cond
Electrochromic Mirrors
Delco Bose Stereo
Compact Disc Player
Pwr Windows
$34,635
MSRP $44635
Kerbeck Discount $6000
GM Loyalty Rebate $4000
in lieu of GMAC Special Financing
Total Savings $10000
You Pay $34635

 

i bought an 03 left over on long island for 40k with 100 miles, i thought it was a good deal 3 weeks ago.

 

I agree. It is amazing how fast the car market can change. From information I got from my friend who is involved with the used car market, he said most dealers call the auctions and see what is going on "real time" That is why he said the NADA and Blue book are just a guide. Because they want to be sure if that car doesn't sell they can run it to the auction and at least cover their cost and make a few dollars.

 

15 to 20% less then wholesale is what I was told by a friend.

 

yes and the Commemorative package is about $4000 more, so if you want me to do the math for you, the non commemorative editions are around $39-$40k.... that is assuming that you already own a GM product and can get in on the loyalty discount.

jeeeezzzz.....

 

I think at these prices you should grab them especially the Z's. Because if what is rummored is true and the prices of the new Z's go to the high 60's the older ones will recover.

just my .02 cents.

 

Not necessarily that bad an offer. Depending on where you are what auctions are bringing in your area. I looked at auction prices Tuesday for 02's in Milwaukee. 29000. was in the range

 

hey guys -ditto firehawk...just take a "deep breathe", IMO now is not the time to sell a used z06-if you can wait-...WAIT.... once the 05's are out in show rooms, and they will be scarce- and big mark ups $$$$, the value of a good used z, should bounce up a bit-in some areas i think you might all be surprised..people who want a new z and can't afford it-they will be serious about yours..just my 2 cents.. give it 6 mo's....