(still a noob...)

I'm researching pricing on a 2008 Vette to make sure I don't pay too much for one I have found... I saw the car in person today, and drove it. This is my first purchase, and I don't have to win with a low-ball victory over the seller, but at the same time I don't want to overpay just because I have found something that basically meets my overall criteria.

Specs: 2008, 2LT, Manual Trans, 37,000 mils, Victory Red, stock factory everything (no mods at all). Chrome polished (factory option) wheels. Location is Alabama. Tires have 12,000 miles Goodyear Eagle Run Flat Tires. Willing seller, willing buyer.

I'm no expert all, but I'm calling the condition "pretty good", but that's a very subjective call. Could be better, but overall, it's really nice (a few paint chips, but not bad, 2 small rock ships in window, really nice interior.)

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On KBB, I ran it through their pricing model, and it shows (for "selling to and individual") a price of:
$22,700 for Good Condition
$23,700 for Very Good Condition
$25,000 for Excellent Condition

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On CarGurus, for this mileage, there pricing analysis shows $27,700 for the same exact specs. With this analysis, they claim to search all current or recent offers for this year across all various mileage ranges, and the average price for this mileage is $27,700 (I assume this represent the current list price of the cars, not what they actually sold for)

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When I did the "Sell my car" page on Car Gurus, giving the same exact criteria, it shows that if I were listed the car for sale:
$24,000 it would be a "good deal" for the buyer
$25,700 through $28,000 it would be a "fair deal" for the buyer


So... I can easily see $23,700 as a low number (in my favor), and maybe up to $27,000 as a high number (in the seller's favor) and somewhere in the middle, around $25,000 perhaps, must be the overall fair price for both parties.

 

you are new here, but also did some 'homework' on pricing and seem to be looking for some guidance.................

the '08 will get you the LS3 engine, which some prefer, others not so much difference to worry about compared to the LS2.........

you mention tires, not only for wear, but also brand.............. a lot of topics here related to the Goodyears, so allow yourself some bargaining room to replace them, which would be 1,000 - 1,200 or so depending upon brand............. then the windshield chips............... would you be happy and satisfied with them there? May also want to allow a deduction for repair or replacement to get the glass perfect, as it should be..........

in MY opinion, you should be looking at 24,000 maximum to allow for tires, glass, and still be "fair" to seller................ although it is summer season, and Corvette pricing is typically higher, you owe it to yourself to make sure you get exactly what you want.......... from your description, this vehicle would be "good condition" at best initially

hope this helps you out....................

 

I agree. $24 and under is a deal for you. Anything much higher and it better be THE car, and one you are going to hang onto for a while.

 

One locally in Phoenix is asking $25K. '08 3LT Atomic Orange/Cashmere, A6, 2.73 gear, OEM chrome wheels, Bose, HUD, F55 mag ride, only mod is a Pioneer nav, but the original nav and a Valentine One radar is included. 46K miles and nearly new Firestone Firehawk Wide Oval tires.

Just a reference for bargaining or an option to fly in and take a road trip home.
http://www.arizonacorvetteenthusiast...ic-orange-3lt/

 

I picked up a 2009 Coupe Black on Black. Manual Trans. $16k. 110k Miles, but the only owner drove it from city to city for his business. All Expressway miles. Pristine condition except those headlights & of course, the seats aren't so great.

Did I do good!?

 

I found my C6 on car gurus, I had never heard of the site prior to that, they had the price the dealer was asking initially, the discounted price, the average market price and how the sale price compared. My car initially listed for 27k, they had it marked down to 23k and I ended up paying 23k out the door. fwiw I did buy my car in winter time in MD so market was soft at that time, but overall I was happy with the price paid

 

KBB is a joke.


Pricing depends on where you live as well. CarGurus and TrueCar do a good job in estimating fair values. BB will always be lower than the actual value of the car.


If you stay at or below what CarGuru and Truecar said was a fair value then you should not feel that you got cheated.

 

Based on the paint cracking you showed in your other thread, I would not go above "Good" condition.

 

Just price the car with all options on www.kbb.com

 

Bought my silver 2008 Coupe in March from an original owner. It's a 3LT 6-speed with two tops and the magnetic shocks option. The car had 34.9K miles and was immaculate condition. Has Borla axle-back exhaust (sounds great!) - and the almost new original exhaust was included. I paid his asking price of $26,500. I thought he was about $1K high but I didn't want to lose this gem. Even have the original sticker.

 

My 2008 Also had brand new Michelin Pilot Sport A/S non-run flats.

 

I bought a 2008 1LT base A6 with 101k miles for $16800 plus tax last month...One owner, all maintenance done at Chevrolet dealers and well documented. Tires will need to be replaced within a year...I felt it was a fair price.

 

Yeah, what the heck is this guy doing here? Nobody comes in prepared! What's everyone supposed to flame about now?!

 

 

I bought my 08 2LT w/Z51 A6 69,000 mi. over 2 years ago from a local Chevrolet dealer for $24K. It was a CPO car so came with a warranty. The dealer had replaced the brakes, hood and hatch struts, windshield wipers, and of course just serviced the car. Right after I bought it the glove box latch broke and drivers side sun visor mirror door broke, both replaced for free.

 

Trade in/wholesale, private party and retail are different numbers. IMO, KBB is off, and the high for CarGurus is, too, at $28K. I'd say somewhere betw. $24.5K and $27.5K is good for both of you. This takes into account tires which you will need either now, or soon. And, I will disagree re need for windshield---that's a want, not a must and if it's a must it's on your side of the ledger.

I also congratulate you on not only asking the question(s), but doing your homework and showing us that you're not a slacker.

 

To me the car is worth 24-25k.