C6 Value ?
Thread Starter
Instructor
Joined: May 2005
Posts: 214
Likes: 0
From: Vestal NY
C6 Value ?
I must say that I am disappointed in the resale value of the C6.
I had decided to sell mine after 5 months and 3k Miles with no results.
Quite frankly I have had much better luck with numerous other cars and they had some signs of wear that this car does not have.
Its a great car, just dont try to sell it.
I had decided to sell mine after 5 months and 3k Miles with no results.
Quite frankly I have had much better luck with numerous other cars and they had some signs of wear that this car does not have.
Its a great car, just dont try to sell it.
Team Owner
Joined: Aug 2002
Posts: 35,617
Likes: 166
Tech Contributor
Cruise-In 11 Veteran
NCM Ambassador
St. Jude Donor '05-'06-'07-'10
Originally Posted by Audioi
I must say that I am disappointed in the resale value of the C6.
I had decided to sell mine after 5 months and 3k Miles with no results.
Quite frankly I have had much better luck with numerous other cars and they had some signs of wear that this car does not have.
Its a great car, just dont try to sell it.
I had decided to sell mine after 5 months and 3k Miles with no results.
Quite frankly I have had much better luck with numerous other cars and they had some signs of wear that this car does not have.
Its a great car, just dont try to sell it.
I know this may be a shock but have you considered the fact that your expectations (read, asking price) are too high. I would guess that since it is only 5 months old and just 3k on the clock that you are asking near what you paid for it. Unfortunately, no one will come close to meeting those expectations. For some, 3k on the clock is three years of mileage for some owners.
Race Director
Joined: Feb 2006
Posts: 11,732
Likes: 15
From: SC
Is yours highly optioned? I've noticed the high option cars take a huge hit in value.
You gotta try more websites, I sold my 05 GTO within 2 weeks and it's considered a car noobody wants. I posted listings on autotrader.com (sold 2 cars using that site) and Vehix.com
Noone reads the paper anymore when looking for cars (at least not the computer literat) much more people browse online because they can search for the specific car they are looking for in terms of mileage, color etc
Price is also a big factor, my GTO was priced at 23,500 with 18K miles, the other GTO's online had asking prices of 27-30K and just sit there for months. If your car is priced right, you won't have a problem.
You gotta try more websites, I sold my 05 GTO within 2 weeks and it's considered a car noobody wants. I posted listings on autotrader.com (sold 2 cars using that site) and Vehix.com
Noone reads the paper anymore when looking for cars (at least not the computer literat) much more people browse online because they can search for the specific car they are looking for in terms of mileage, color etc
Price is also a big factor, my GTO was priced at 23,500 with 18K miles, the other GTO's online had asking prices of 27-30K and just sit there for months. If your car is priced right, you won't have a problem.
Corvette Stories
The Best of Corvette for Corvette Enthusiasts
8 Coolest Corvette Pace Cars (and Replicas) of All Time
Verdad Gallardo
Top 10 Corvette Engines RANKED by Peak Torque (70+ Years of Muscle!)
Joe Kucinski
Corvette ZR1X Will Be Pacing the Indy 500, And Could Probably Race, Too!
Verdad Gallardo
Top 10 Corvettes Coming to Mecum Indy 2026!
Brett Foote
Top 10 C9 Corvette MUST-HAVES to Fix These C8 Generation Flaws!
Michael S. Palmer
10 Revolutionary 'Corvette Firsts' Most People Don't Know
Joe Kucinski
5 Reasons to Upgrade to an LS6-Powered Corvette; 5 Reasons to Stay LT2
Michael S. Palmer
2027 Corvette vs The World: Every C8 vs Its Closest Competitor
Joe Kucinski
10 Most Common Corvette Problems of the Last 20 Years!
Joe Kucinski
Team Owner
Joined: Feb 2000
Posts: 53,491
Likes: 77
From: Arizona
Originally Posted by pyroc6vette
Try vettefinders.com...I listed mine there and sold it within 45 days...great site - one time fee of $39 bucks.
Good luck,
Bill
Gosh, i really miss my C6!
Good luck,
Bill
Gosh, i really miss my C6!
Le Mans Master
Joined: Aug 1999
Posts: 5,411
Likes: 2
From: N Carolina 08 Z51 Coupe
Originally Posted by Audioi
I must say that I am disappointed in the resale value of the C6.
I had decided to sell mine after 5 months and 3k Miles with no results.
Quite frankly I have had much better luck with numerous other cars and they had some signs of wear that this car does not have.
Its a great car, just dont try to sell it.
I had decided to sell mine after 5 months and 3k Miles with no results.
Quite frankly I have had much better luck with numerous other cars and they had some signs of wear that this car does not have.
Its a great car, just dont try to sell it.
Team Owner
Joined: Aug 2002
Posts: 35,617
Likes: 166
Tech Contributor
Cruise-In 11 Veteran
NCM Ambassador
St. Jude Donor '05-'06-'07-'10
Originally Posted by Audioi
Wow, I had thought that $10k off sticker was pretty good.
I can remember dropping $3k off a VW that was 6 months old and selling it in 2 days.
Thanks for your thoughts.
Mike
I can remember dropping $3k off a VW that was 6 months old and selling it in 2 days.
Thanks for your thoughts.
Mike
Team Owner
Joined: Aug 2006
Posts: 57,804
Likes: 1
From: Portrichey FL
St. Jude Donor '13
I paid 23,000 for my 05 GTO in June of this year, for the money and power you cant beat the GTO. I plan on keeping my GTO for 2, 3 or so years, then i will hunt for a nice used Vett, maybe a 05 to 07 when the time comes!
Used Vett prices sure have not dropped like they have on the GTO.
Chas
Used Vett prices sure have not dropped like they have on the GTO.
Chas
Race Director
Joined: Feb 2006
Posts: 11,732
Likes: 15
From: SC
Originally Posted by CHASLS2
I paid 23,000 for my 05 GTO in June of this year, for the money and power you cant beat the GTO. I plan on keeping my GTO for 2, 3 or so years, then i will hunt for a nice used Vett, maybe a 05 to 07 when the time comes!
Used Vett prices sure have not dropped like they have on the GTO.
Chas
Used Vett prices sure have not dropped like they have on the GTO.
Chas
I just ordered an 07 C6 optioned with what I feel I need for 43K thanks to GMID. That GMID availability is really hurting the used C6's out there. Also gotta keep in mind the 1st year is always the biggest drop in value for any car.
Safety Car
Joined: Jun 2006
Posts: 4,008
Likes: 1,487
From: Ashland, OH
ahhh yes i dont want to pay squat for my new car and i want the moon for my trade.......seriously tho 10k of of MSRP????? why in the world would someone want buy a used vette for that when you can buy a new one for 7-7500 off of MSRP?
Stick to your guns. I would not give it away. Good luck with the sale. 
Burning Brakes
Joined: Nov 2005
Posts: 814
Likes: 0
From: Allentown PA
Originally Posted by Audioi
Wow, I had thought that $10k off sticker was pretty good.
I can remember dropping $3k off a VW that was 6 months old and selling it in 2 days.
Thanks for your thoughts.
Mike
I can remember dropping $3k off a VW that was 6 months old and selling it in 2 days.
Thanks for your thoughts.
Mike
How much was the VW to begin with...2k was what percent of the sticker ?
Burning Brakes
Joined: Mar 2006
Posts: 1,183
Likes: 1
From: Santa Monica CA
Originally Posted by Jeff2
If the Vette is more expensive than the other cars you sold, that may also prolong the sale due to the smaller market size.