Need help determining value
Thread Starter
Intermediate
Joined: Oct 2016
Posts: 45
Likes: 3
Need help determining value
I've got a 2006 base 3lt with 100k miles. I'm thinking about just selling it as is with a lifter that is chewed up. What is your best guess on the value of it the way it sits? Everything else is in good shape. Think it's worth repairing the engine before selling? I want to upgrade.
Race Director
Joined: Jan 2011
Posts: 11,973
Likes: 463
From: Tonawanda New York
The cost to remove the head and replace the lifter is much cheaper than the reduced resale value you will get if you don't repair it. IMO, People who are in the market to buy a Corvette want to get in it and drive it they don't want to buy it and then repair it.
Melting Slicks
Joined: Jul 2014
Posts: 2,782
Likes: 314
From: The Lowcountry South Carolina
Around 11k in private party monies, less than 9k as trade in. Be prepared for lots of low ball offers, esp or there are other maint or cosmetic items that have been put off.
Race Director
Joined: Dec 2002
Posts: 10,452
Likes: 1,146
From: Wayne Township WI
Thread Starter
Intermediate
Joined: Oct 2016
Posts: 45
Likes: 3
1700 mile trip and through the mountains I was bumping the redline and I think there was an issue around there. I put a lot of money into the engine and mods and it was maintained well. I had about 40k miles on my internal mods and feel like 40k miles driven the way I do was amazing. I'm super happy and I'm a believer of the LS engines big time.
Thanks everyone for the prices. Time to put in some thought.
Thanks everyone for the prices. Time to put in some thought.
Race Director
Joined: Dec 2002
Posts: 10,452
Likes: 1,146
From: Wayne Township WI
Mildly modded?
Didn't say that, thought it was stock.
Modding stresses drivetrain more than stock, internals wear faster.
40K's pretty good miles to get out of it.
In any event replace lifters & hope cam's not damaged. cam work adds beaucoup $.
Then, sell it. JMHO & YMMV.
Just went through this w/ my 60K LS7; although, wasn't to repair any damage, just 'upgrading'.
Doing heads w/ a cam saved some labor vs doing it separately.
Still all-in, ~$6.5 large.
G/L, update w/ decision.
Didn't say that, thought it was stock.
Modding stresses drivetrain more than stock, internals wear faster.
40K's pretty good miles to get out of it.
In any event replace lifters & hope cam's not damaged. cam work adds beaucoup $.
Then, sell it. JMHO & YMMV.
Just went through this w/ my 60K LS7; although, wasn't to repair any damage, just 'upgrading'.
Doing heads w/ a cam saved some labor vs doing it separately.
Still all-in, ~$6.5 large.
G/L, update w/ decision.
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Race Director
Joined: Dec 2007
Posts: 19,574
Likes: 167
From: Frederick, MD
Definitely fix it, otherwise you will get lots of low ball offers and they might not be that far off from being justified. They will probably look at it as what else is wrong with the car and while they don't expect a warranty they may question who modded the car, what was done to it and why is it falling apart after only 40k miles.