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Found a car I like but not sure what to pay

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Old 07-21-2016, 08:52 PM
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Mike Ritter
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Default Found a car I like but not sure what to pay

This would be my first Corvette. It is a 2006 convertible with 60,000 miles on it. Excellent condition and the color combination I like best. Monterey Red with the black top and light gray interior. I have not found this combination on any cars I've looked at.

Does not have the Z-51 option but am told it has the "suspension package". Power roof also. I'm in Southern California, if that matters.

Private party is asking $24,900, which seems high. I was thinking maybe $22,000 to $23,00, and that is only because it is the exact car I want.

Thoughts guys?


Last edited by Mike Ritter; 07-22-2016 at 12:22 PM.
Old 07-21-2016, 08:58 PM
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the kid C6
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Have you had it inspected? Once you know the flaws, you can negotiate the price.
Old 07-21-2016, 09:01 PM
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Old Ben
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Check the NADA value. A quick look shows clean retail at $25,500 plus for options.

Check Carfax and take the VIN to your local Chevy dealer and he can give you a copy of all work performed by Chevy dealers.

If it checks out and you like it then go for it.

Last edited by Old Ben; 07-21-2016 at 09:01 PM.
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Old 07-21-2016, 09:02 PM
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WA 2 FST
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If it has adjustable ride control, then it is F55 suspension package, I believe.

For a 'vert in the condition you say it is in, I don't think $22-23k is out of line. Prices for these cars have already taken a big hit, and have hit a soft bottom, IMHO. Sure they will go down some more over time, but the way I look at it is that you're not going to take a beating at all when you go to sell it.

Given it is the color combo you want, optioned how you want, in the condition you find that is very good... I would not sweat it. It's not like they are asking $30k and you have no way of negotiating it down to a more reasonable price.

Nothing wrong with trying to get the best deal possible...don't get me wrong. I just believe when I find the right car for me, I'm not going to let $500-$1k be the deciding factor. Granted, each person's financial situation is different, and I respect that.

Good luck with the negotiations.
Old 07-21-2016, 09:11 PM
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Originally Posted by WA 2 FST
If it has adjustable ride control, then it is F55 suspension package, I believe.

For a 'vert in the condition you say it is in, I don't think $22-23k is out of line. Prices for these cars have already taken a big hit, and have hit a soft bottom, IMHO. Sure they will go down some more over time, but the way I look at it is that you're not going to take a beating at all when you go to sell it.

Given it is the color combo you want, optioned how you want, in the condition you find that is very good... I would not sweat it. It's not like they are asking $30k and you have no way of negotiating it down to a more reasonable price.

Nothing wrong with trying to get the best deal possible...don't get me wrong. I just believe when I find the right car for me, I'm not going to let $500-$1k be the deciding factor. Granted, each person's financial situation is different, and I respect that.

Good luck with the negotiations.
Old 07-21-2016, 09:12 PM
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Mike Ritter
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Originally Posted by the kid C6
Have you had it inspected? Once you know the flaws, you can negotiate the price.
No. Good point.
Old 07-21-2016, 09:14 PM
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Real expensive but low miles
http://www.allvette.net/mobile/mdeta...px?VID=4365741


Another one with 46508 miles. Use as a comparison


Last edited by enventr; 07-21-2016 at 09:18 PM.
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Old 07-21-2016, 09:17 PM
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Mike Ritter
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Originally Posted by WA 2 FST
If it has adjustable ride control, then it is F55 suspension package, I believe.

For a 'vert in the condition you say it is in, I don't think $22-23k is out of line. Prices for these cars have already taken a big hit, and have hit a soft bottom, IMHO. Sure they will go down some more over time, but the way I look at it is that you're not going to take a beating at all when you go to sell it.

Given it is the color combo you want, optioned how you want, in the condition you find that is very good... I would not sweat it. It's not like they are asking $30k and you have no way of negotiating it down to a more reasonable price.

Nothing wrong with trying to get the best deal possible...don't get me wrong. I just believe when I find the right car for me, I'm not going to let $500-$1k be the deciding factor. Granted, each person's financial situation is different, and I respect that.

Good luck with the negotiations.
Makes sense to me. Thanks.
Old 07-21-2016, 10:25 PM
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Mike Ritter
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Originally Posted by Old Ben
Check the NADA value. A quick look shows clean retail at $25,500 plus for options.

Check Carfax and take the VIN to your local Chevy dealer and he can give you a copy of all work performed by Chevy dealers.

If it checks out and you like it then go for it.
Checked NADA. Comes to $27,000+ retail.

Last edited by Mike Ritter; 07-22-2016 at 05:07 PM.
Old 07-21-2016, 10:32 PM
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Originally Posted by WA 2 FST
.....

Given it is the color combo you want, optioned how you want, in the condition you find that is very good... I would not sweat it....

Nothing wrong with trying to get the best deal possible...don't get me wrong. I just believe when I find the right car for me, I'm not going to let $500-$1k be the deciding factor. Granted, each person's financial situation is different, and I respect that.

Good luck with the negotiations.
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Old 07-21-2016, 10:45 PM
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Originally Posted by Mike Ritter
Checked NADA. Comes to $27,000 retail.
Looks like price is right for your area but I would still try to negotiate it lower.

Second step is get VIN to dealer for them to run a history and get a carfax.

If they are okay then get it checked by a knowledgeable mechanic.

If it checks out then drive it and enjoy.
Old 07-22-2016, 09:01 AM
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I'd check Kelley Blue Book, NADA and Edmonds as well as Auto Trade for prices in your area.
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Old 07-22-2016, 09:22 AM
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High 20's would be my guess. If it's the exact package your looking for buy it. It is hard to find exactly what you want when buying used.
Old 07-22-2016, 09:55 AM
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Mike Ritter
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Originally Posted by Orion2011
High 20's would be my guess. If it's the exact package your looking for buy it. It is hard to find exactly what you want when buying used.
Yes, have not seen one just like it.
Old 07-22-2016, 10:20 AM
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Originally Posted by jrose7004
I'd check Kelley Blue Book, NADA and Edmonds as well as Auto Trade for prices in your area.
Pay whatever the car is worth to you but jrose' advice above is invaluable. Before I bought my 2008, I was negotiating with someone on their "perfect" Vette. I asked if it had ever been in an accident and the answer was no. Then, when I asked for the VIN to run a carfax, there was push back and then the truth came out. The car had been to the body shop for a "minor" accident when the car was new. Hmmm, I didn't buy that one.

Good luck and, hopefully, welcome to Corvette ownership!
Old 07-22-2016, 02:50 PM
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Mike Ritter
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Picture added.
Old 07-22-2016, 03:26 PM
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Looks nice. Same color as mine except I have black interior.

Did you get a Carfax and have the dealer run the VIN yet?

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Old 07-22-2016, 03:30 PM
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Mike Ritter
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Originally Posted by Old Ben
Looks nice. Same color as mine except I have black interior.

Did you get a Carfax and have the dealer run the VIN yet?
No, but I will. Seller said he ordered the car with the black top and gray interior. See a lot of tan/tan and black/black, but not this combo.

Last edited by Mike Ritter; 07-22-2016 at 05:06 PM.
Old 07-22-2016, 04:15 PM
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Originally Posted by the kid C6
Have you had it inspected? Once you know the flaws, you can negotiate the price.
assemble all the history and information that is available, check the car over for what it will need soon (there's usually something, EG tires, brakes, fluids) then you can decide how hard you wan to negotiate.

I agree with the others who say pay what its worth to you, what's it worth to be getting behind the wheel of the car you want. In that regard, to me $1000 wouldn't matter. Life is short, and unlike many other folks, I'm impatient and do not enjoy kicking tires for too long just to save a few bucks - for the right car yes, for a few bucks no. Good luck, I hope it checks out fine and ends up in your garage.
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Old 07-22-2016, 05:37 PM
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Originally Posted by Mike Ritter
Picture added.
That looks sweet..... and I think you are this close to becoming a corvette owner...


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