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C6 affect C5 prices?

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Old Aug 10, 2004 | 01:30 PM
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Default C6 affect C5 prices?

What kind of affect do you guys think the release of the C6 will have on the value of the C5 market? When I had my C4 and the C5 came out the bottom fail out of the C4 prices. From what I have seen with the exception of the GS and CE C4's the prices never recovered.
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Old Aug 10, 2004 | 01:47 PM
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This is not something to ponder or speculate on, it is something that has been going on for months now already.

CE Z06's (Z16) for instance were selling a few weekss ago around here for $12500 off MSRP. They still would be selling at those prices but they are all gone now. Dealer ahad about 10 of them 2 weeks ago, not a one now.

The used (pre-owned as many like to call them) C5 market has been THEE place to find steals of late.

I just may buy another this winter.........
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Old Aug 10, 2004 | 01:51 PM
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Yeah I am trying to convince the wife to let me get one once the C6 comes out and the C5 prices go down. My truck will be paid for in March '05 and by then my '71 vert should be back on the road and near completion. I would like to get as ne of a C5 coupe as I can afford.


Wade
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Old Aug 10, 2004 | 01:55 PM
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I'm counting on the prices of the C5 to drop. That way I can get a nice one for around $20,000. The C6 cant come soon enough.
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Old Aug 10, 2004 | 01:55 PM
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Here is my guess. I think the C5 prices will stay relatively stable for a while since the C6 will command MSRP or better for a year or two. Once the frenzy dies down, prices may drop again. At least, that is what I am hoping happens so my car's value stays up there.
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Old Aug 10, 2004 | 01:58 PM
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So we all buy the C5's that we fell in love with. But then all the people whose C5's we bought are driving their new C6's. So we're still jealous. Ahh, the great circle of life.
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Old Aug 11, 2004 | 07:26 PM
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Originally Posted by BlackRat
What kind of affect do you guys think the release of the C6 will have on the value of the C5 market? When I had my C4 and the C5 came out the bottom fail out of the C4 prices. From what I have seen with the exception of the GS and CE C4's the prices never recovered.
We always have a bunch of people that want the NEW ONE so what if you bought a vett for resale then you needed to get one of the rear one Ind 500 First any thing just enjoy what you have its like the stock market Buy High Sell Low?????? We LOVE EM AND WE DRIVE EM....
If you just worry about price WHY DO YOU HAVE ONE??????????????
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Old Aug 11, 2004 | 08:40 PM
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Originally Posted by jawzforlife
I'm counting on the prices of the C5 to drop. That way I can get a nice one for around $20,000. The C6 cant come soon enough.

LOL thats what I'm hoping...

but either way I'll get one... I been without my C5 long enough!
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Old Aug 11, 2004 | 08:51 PM
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Originally Posted by BlackRat
When I had my C4 and the C5 came out the bottom fail out of the C4 prices. From what I have seen with the exception of the GS and CE C4's the prices never recovered.
The same thing will happen to the C5. Dealer discounts on 04's have started the drop and as the 05's roll out, it will continue. Special addition and super clean ultra low mileage C5's will get the higher dollars
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