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As to what a dealer will give, my best guess would be around 46,000 would be the right number on the car.
As to the rest of what you say - I guess you have some pent up frustration that is driving your words, but I'm going to tell you that the way you have handled this post - you have no credibility with me at all.
I've been on this forum for 5 and a half years, and I'm totally addicted to it. I look at it several times a day. I've now had two 2005 C6's. Neither one has been in the shop for anything. And there is not a single problem that "most" people are having.
The only problem you alluded to was some "rear end" problem that you say 90% of the Corvettes have. What are you even talking about? A very small percentage of C6's have had differential case failures, and most of them are cars run at the drag strip with drag radials. That is the only rear end problem I've even heard of.
By far the most common problem with C6's has been Dead Battery Syndrom (DBS) and the roof problem. I know you don't have either, because DBS only effected 2005s, and you don''t have a roof.
I'd like to hear all the specifics on the car if you are going to come on here and make the kind of statements you are making.
I feel for you... but it remains what it is... an American legend and a lot of peoples' dream car... problems and all included. I hope you get a fair price on trade and better luck with your next car. There is a product for everyone
As to what a dealer will give, my best guess would be around 46,000 would be the right number on the car.
As to the rest of what you say - I guess you have some pent up frustration that is driving your words, but I'm going to tell you that the way you have handled this post - you have no credibility with me at all.
I've been on this forum for 5 and a half years, and I'm totally addicted to it. I look at it several times a day. I've now had two 2005 C6's. Neither one has been in the shop for anything. And there is not a single problem that "most" people are having.
The only problem you alluded to was some "rear end" problem that you say 90% of the Corvettes have. What are you even talking about? A very small percentage of C6's have had differential case failures, and most of them are cars run at the drag strip with drag radials. That is the only rear end problem I've even heard of.
By far the most common problem with C6's has been Dead Battery Syndrom (DBS) and the roof problem. I know you don't have either, because DBS only effected 2005s, and you don''t have a roof.
I'd like to hear all the specifics on the car if you are going to come on here and make the kind of statements you are making.
My 06/A6 has 17,000 miles with no problems. I loved my C5 and I love my C6.
I hate to put it this way, but some people really think the Corvette is on some other level in terms of refinement and engineering compared to other GM cars. The fact of the matter is, GM COULD give the Corvette Porsche quality leather, Lexus level build quality, ect, but they would NOT be able to do it at the price point they're trying to maintain. Guys and gals, this car is not a Porsche or a Lexus, it is a CHEVROLET, and as such, it has many parts bin aspects to consider. The interior materials and fit will not be substantially different than what you'd find in an Impala or Suburban. That just needs to be accepted.
I agree with some of this. I look at my 05 Vette's steering wheel and see my wife's Suburban steering, just with different coverings on the outside. If you don't believe me, go look at the shape of an 04-05 Suburban's steering wheel and then look at the 05 Vette's wheel and tell me they are not the same frame. There isn't $54K worth of car in my 05 coupe. 3 and 5 series BMW's can be had for this and cheaper and the fit/finish, leather quality, sound systems, etc. are usually better in those cars. Comparing these cars in terms of performance and purpose is apples and oranges but comparing them in terms of technologic refinement is more on par. In fact, I'd argue that some of these cars are pretty gizmo'd up. Again, the basic drivetrain etc. of the Vette hasn't really changed since 1997. Its just been re-tweaked here and there. Its not some DOHC, variable valve timing type of engine etc. Take the Infiniti G35 coupe. That is a nice car. The interior is rock solid. The leather is top notch. The car is fairly sophisticated and nowhere near the price of a loaded Vette. I think GM has plenty of room to move in terms of making the Vette a more solid car, i.e. better leather, better stereo, etc. Leave the pushrod V8 format alone. It works well in this car. Focus on the other stuff and the car will be perfect.
In the past 15 years I have had 1 Acura, 3 Lexus, 1 Chrysler, 3 Jeeps, 2 BMWs and 2 Corvettes. The C5 was the most trouble free. The C6 has been perfect so far.
It is kind of frustrating when you think about the rock solid nature of the cutting edge innovations in this car (HUD, NAV, keyless ignition, A6 w/ paddles, touchpad door handles, Active Handling, ect.), while the easy stuff (roof panels, rear ends, wiper functions, column lock, ect.) are the gremlins that dog this car.
GM builds them thatway because they know they can sell them
Originally Posted by nuvetteowner
What gets to me most of all is why cant these problems be corrected the first visit?
Also years of the same rear end issues too.
Too many corners were cut building these machines.
GM knows they can sell them to the Corvette enthusiast because they will buy Corvettes no matter what the quality. Dont kid yourself, GM could certainly improve quality within the price range...but it would mean a lesser gross profit, and dealers would have a lot less repair work to do. They build what they can get away with. I have owned 50,000 cars that have never seen the inside of a dealership for repairs. It can be done.
I was offered $43,000 from a dealer on my 06 coupe with 6000 miles and 3LT, no nav.
Look at current auction prices (Manheim etc) and this will give you an idea of what dealers are willing to pay you. Although it also depends on how much profit is in the new vehicle you are purchasing if that is your intention.
Generally, you will take a big $$ loss on a trade-in. Wholesale is even hard to get now-a-days. There is alot of C6's for sale out there and that is killing resale on these cars and the C5's as well. Thanks GM for producing so many C6's and then selling new ones $7k under MSRP. I will not be selling my C6 anytime soon!!! I am happy with it overall though.
Look at current auction prices (Manheim etc) and this will give you an idea of what dealers are willing to pay you. Although it also depends on how much profit is in the new vehicle you are purchasing if that is your intention.
Generally, you will take a big $$ loss on a trade-in. Wholesale is even hard to get now-a-days. There is alot of C6's for sale out there and that is killing resale on these cars and the C5's as well. Thanks GM for producing so many C6's and then selling new ones $7k under MSRP. I will not be selling my C6 anytime soon!!! I am happy with it overall though.
So you don't believe in supply and demand either? The market dictates prices. GM still sells every one they can make - they let their dealers determine the markup. When you see rebates specific to the Corvette (meaning factory rebates) is when you can blame GM for building too many.
As long as I'm on this form, the one thing I am always amazed at is how many people don't understand the Corvettes resale value. Even the prices most people bitch and moan about are still far better than other car's resale value. The other thing that slays me is all the people who say "I'm not paying MSRP...." when they are buying, but then they complain about "poor" resale value. Everybody wants it both ways!
GM knows they can sell them to the Corvette enthusiast because they will buy Corvettes no matter what the quality. Dont kid yourself, GM could certainly improve quality within the price range...but it would mean a lesser gross profit, and dealers would have a lot less repair work to do. They build what they can get away with. I have owned 50,000 cars that have never seen the inside of a dealership for repairs. It can be done.
WOW, 50,000 cars? Thats like 3 a day if you are 50 years old. Was that a typo? We have owned 20 corvettes from a 1962 to 2007 and they are all around good cars. You thrash em they break. No big deal. Price of the ticket. As far as GM in General, I have given most of my company cars to family after I was finished. Many of these Buicks and Cadillacs have gone 2 and 300,000 miles. My CPA once questioned our actual per mile cost on a 67,000 mile year with a Buick. No doubt there are problems, no one is perfect, but I suspect more problems related to poor care than anything else and I know about the union problems and the Monday and Friday cars too. My 07 build date was 8-14-06 OOPS that's a Monday. Check back with me in a couple years and see how we're doing. Shalom and Save the Wave
So you don't believe in supply and demand either? The market dictates prices. GM still sells every one they can make - they let their dealers determine the markup. When you see rebates specific to the Corvette (meaning factory rebates) is when you can blame GM for building too many.
As long as I'm on this form, the one thing I am always amazed at is how many people don't understand the Corvettes resale value. Even the prices most people bitch and moan about are still far better than other car's resale value. The other thing that slays me is all the people who say "I'm not paying MSRP...." when they are buying, but then they complain about "poor" resale value. Everybody wants it both ways!
Too bad you are having problems. Personally my 2006 has giving me no problems but I need to get the top foamed. I really like the car and it does everything I had hoped for. Fast, great gas mileage, look fantastic and I'm having a lot of fun tricking out a few things to make my corvette just that, my corvette.
Sometimes when a person gets a mood going they follow through with it. You may want to step back, take a deep breath and get the few things fixed at the dealer, which will be on GM's dime. Then who knows, you may find that you have come to really like this car now that the little bugs are gone. Waiting a little longer won't take down the value on a trade in and you may be happy that you waited. Take it from me, a guy driving a corvette that works like it should, I could not enjoy that car any more then I do. Good luck.