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Features that uphold resale value on C5?

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Old Sep 24, 2004 | 06:35 PM
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Default Features that uphold resale value on C5?

Friends
I am looking to purchase a gently driven 2000-2002 coupe with targa top and HUD. I also will be a gentle driver and want to maximize the resale value and I will probably only keep the car for a year or two. What options/features would best help me to uphold the resale value?

Thank you!
Leslie
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Old Sep 24, 2004 | 07:13 PM
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While red won't make the car worth any more it will make it easier to sell. (Ask any Vette dealer).

If you get an A4 make sure and get a 3:15 gear ratio.

OEM wheels, make a car worth more also.
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Old Sep 24, 2004 | 07:32 PM
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Originally Posted by boatboatboat
While red won't make the car worth any more it will make it easier to sell. (Ask any Vette dealer).

If you get an A4 make sure and get a 3:15 gear ratio.

OEM wheels, make a car worth more also.
Thank you boatboatboat,
I am new to this and do not know what OEM means nor do I know what A4 and a 3:15 ratio are. Kindly describe in more detail. Thank you!
Leslie
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Old Sep 24, 2004 | 07:37 PM
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OEM=original equip manufactor In otherwords, a car with REAL GM wheels rather then a "cheap" reproduction tends to have more value.

A4=an automatic 4 speed

3:15=a gear ratio in the rear end.
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Old Sep 24, 2004 | 08:29 PM
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The solid gold shift **** helps too!

Just kidding, I agree with the previous posts. I also think you will do better with one that has all options. I think when people are buying a late model high tech car, they want all the gizmos.
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Old Sep 24, 2004 | 08:33 PM
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sport seats, hud, and dual climate control are all most buyers are really going to notice if they're missing. Some colors are easier to resell...but you should pick it based on what you like more than how it resells...

Upgraded wheels such as HRE, etc can really help out, or even an upgrade to a later style wheel (like thin spokes on 97-99). As you're looking at 00-02, I'd stay away from 01's, merely b/c some people tend to shy away from the "oil consumption year" even though most are likely fixed by now...
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Old Sep 24, 2004 | 08:38 PM
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Active handling is very nice to have, along with those already mentioned.
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Old Sep 24, 2004 | 08:47 PM
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the 1SB package along with what was already mentioned
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Old Sep 24, 2004 | 08:52 PM
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Typically a convertible with a 6-speed will hold their value better, at least I hope so.
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Old Sep 24, 2004 | 08:54 PM
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Naw, I think the coupe does better.

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Old Sep 24, 2004 | 09:16 PM
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All options aside. I hope you're not thinking of selling it for what you paid. Corvette is a hole in the road into which you pour money. Especially if you hang around here. Mod Fever, Modaholism, Mod Mania, they run rampant through the threads of this wonderful Forum

C5's are a dime a dozen. Gone are the days of the "appreciating" Corvette.

My best advise is:

1) Buy one that's loaded to the gills with all the goodies. ALL the goodies. And the color YOU like best.

2) Drive it like you stole it. Like you hate the thing. See how fast you can cook off the Stock Goodyear Runflats. (video of that is always enjoyed on the Forum). Forget about resale. It's not an investment. It's an enjoyment/entertainment expense and babying it won't net any real financial gain. It's yours. Enjoy it while you have it. (see sig under "Depreciation Mods". )

3) Trade it in on a C6 in 2-3 years and enjoy the fact that for comparatively little cost, you provided yourself with the opportunity to thrash and flog the greatest American Muscle Car ever built for at least a couple of years. The buyer must truly beware, but the C5 is a highly durable toy.

4) Ease into the C6 and enjoy the stature in a few years. Won't take long for them to become a dime a dozen either. But with 400hp, who cares?



Good Luck with your decision. I say do it and enjoy it.

Michael

[edit] OH! And Welcome To The Forum!!!!!!!!!

Last edited by WellAdjusted; Sep 24, 2004 at 09:19 PM.
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Old Sep 24, 2004 | 09:27 PM
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Michael, Right on the Money. Enjoy all the Good Things Now. Save the Wave.>George
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Old Sep 24, 2004 | 09:33 PM
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Originally Posted by lt1george
Michael, Right on the Money. Enjoy all the Good Things Now. Save the Wave.>George


George!
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Old Sep 25, 2004 | 01:02 AM
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Welcome to the Forum ...and good luck finding the right new ride!
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Old Sep 25, 2004 | 01:17 AM
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The first thing the dealership asked when I traded it my coupe was "Does it have both tops?" You probably won't make back 100% of the cost, but they are worth extra to the dealer, at least.
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Old Sep 25, 2004 | 06:42 AM
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But a car with no modifications and if you add any, keep any original parts for re-installation at time of sale. Don't do anything permanant. I sold my last car with some modifications, but I had every original part right down to the spark plugs. The buyer felt I really cared for the car (and I did) and it helped with the sale. He knew I was a "Vette Nut"
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Old Sep 25, 2004 | 07:46 AM
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A fully loaded bone stock red vert with all factory options...
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To Features that uphold resale value on C5?

Old Sep 25, 2004 | 07:50 AM
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Originally Posted by BigJoe
The first thing the dealership asked when I traded it my coupe was "Does it have both tops?" You probably won't make back 100% of the cost, but they are worth extra to the dealer, at least.
same was true for me when I traded the 98 for the 03
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Old Sep 25, 2004 | 09:39 AM
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Originally Posted by WellAdjusted
My best advise is:

1) Buy one that's loaded to the gills with all the goodies. ALL the goodies. And the color YOU like best.

2) Drive it like you stole it. Like you hate the thing. See how fast you can cook off the Stock Goodyear Runflats.
Couldn't have said it better.

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Old Sep 26, 2004 | 11:24 PM
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Friends,
Thank you for all your helpful insights. I can't wait!
Leslie
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