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what's she worth - 2008 corvette 427 limited edition z06

Old 10-19-2018, 11:00 PM
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cdumitru78
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Default what's she worth - 2008 corvette 427 limited edition z06

Came across a one owner Limited Edition z06, it has 7k miles. Sits on original tires and not quite sure on servicing over the years. Valves have not been addressed.

What would be a fair price for such beast?
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Old 10-19-2018, 11:35 PM
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Originally Posted by cdumitru78 View Post
Came across a one owner Limited Edition z06, it has 7k miles. Sits on original tires and not quite sure on servicing over the years. Valves have not been addressed.

What would be a fair price for such beast?
This is a WAG so take it with a grain of salt.
1. It will need new tires.
2. It will need the valve issue addressed.
3. If serviced regularly? No penalty
So, all that considered, if it were me, I would pay no more than $20K and probably less. I would start the discussion at $15K

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Old 10-19-2018, 11:51 PM
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Hmm, well I think that might be a little low on price. But maybe not......I would sure check it out quite a bit though before buying it.
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Old 10-19-2018, 11:53 PM
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Originally Posted by ByByBMW View Post
This is a WAG so take it with a grain of salt.
1. It will need new tires.
2. It will need the valve issue addressed.
3. If serviced regularly? No penalty
So, all that considered, if it were me, I would pay no more than $20K and probably less. I would start the discussion at $15K
20k for a Z with 7000 miles? Someone is smoking dope.
My have to take it with a grain of crack to believe that.

Last edited by Shaolin Crane; 10-20-2018 at 12:14 AM.
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Old 10-20-2018, 12:03 AM
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Originally Posted by ByByBMW View Post
I would pay no more than $20K and probably less. I would start the discussion at $15K
Hahahahahaha
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Old 10-20-2018, 12:04 AM
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$2000 for new tires, $5000-$7000 To have the heads rebuilt to start.
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Old 10-20-2018, 12:16 AM
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Originally Posted by h8snow View Post
$2000 for new tires, $5000-$7000 To have the heads rebuilt to start.
jeezus, where are you getting your work done?
Both of those numbers sound very inflated.
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Old 10-20-2018, 12:23 AM
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LOL, this makes me even more confused! I was thinking low 30's as a starting point is somewhat fair if it all checks out.
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Old 10-20-2018, 12:24 AM
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Originally Posted by cdumitru78 View Post
What would be a fair price for such beast?
$35k.

I wouldnt add a premium for the Cooksey.

$15k-$20k is a base 08 with 100k+ miles. Maybe.

Last edited by 919cw313; 10-20-2018 at 12:27 AM.
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Old 10-20-2018, 12:35 AM
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Mid $30's based on what I got my '08 Z for last spring. 18k miles, heads not done, but second set of tires.
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Old 10-20-2018, 12:40 AM
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Originally Posted by ByByBMW View Post
This is a WAG so take it with a grain of salt.
1. It will need new tires.
2. It will need the valve issue addressed.
3. If serviced regularly? No penalty
So, all that considered, if it were me, I would pay no more than $20K and probably less. I would start the discussion at $15K
LOL

I'd say 35 to 45k, depending on what the car actually is as far as the 427 limited edition.
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Old 10-20-2018, 12:43 AM
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Originally Posted by cdumitru78 View Post
LOL, this makes me even more confused! I was thinking low 30's as a starting point is somewhat fair if it all checks out.
You're not starting a whole lot at low 30s. You're going to get ignored for an unreasonably low offer.
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Old 10-20-2018, 12:45 AM
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What would you think is a reasonable starting point?

Originally Posted by FAUEE View Post
You're not starting a whole lot at low 30s. You're going to get ignored for an unreasonably low offer.

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Old 10-20-2018, 12:47 AM
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Originally Posted by cdumitru78 View Post
What would you think is a reasonable starting point?
Personally, I like to ask sellers what they're asking. He will probably say 40 to 45, you say I'd want to do 36, you hem and haw for a bit and end up in the middle at 38 to 40 and get a good deal.

Or the guy says 55 and you thank him for his time.
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Old 10-20-2018, 12:54 AM
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This sounds about right to me. He seems to want 45k OBO, but is open to offers.

Originally Posted by FAUEE View Post
Personally, I like to ask sellers what they're asking. He will probably say 40 to 45, you say I'd want to do 36, you hem and haw for a bit and end up in the middle at 38 to 40 and get a good deal.

Or the guy says 55 and you thank him for his time.
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Old 10-20-2018, 01:30 AM
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Originally Posted by cdumitru78 View Post
This sounds about right to me. He seems to want 45k OBO, but is open to offers.
Honestly, I'd just save all the hassle and tell him straight "we can waste time negotiating, or we can just agree on 40k and sell this car".
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Old 10-20-2018, 10:29 AM
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Originally Posted by 919cw313 View Post
$35k.

I wouldnt add a premium for the Cooksey.

$15k-$20k is a base 08 with 100k+ miles. Maybe.
Yeah the 15 to 20 was a bit of a joke. 35 might be a little low as a starting point but it's a little closer to realistic.
Originally Posted by cdumitru78 View Post
What would you think is a reasonable starting point?
I would probably try 38 and use some decent reasoning about it's older, other sales of cars that are newer as examples, Etc. But you need to do a little research first so you can look the person in the eye and not be laughed at. The numbers have to be realistic.
Originally Posted by cdumitru78 View Post
This sounds about right to me. He seems to want 45k OBO, but is open to offers.
I think he's at the right starting point.
Originally Posted by FAUEE View Post
Honestly, I'd just save all the hassle and tell him straight "we can waste time negotiating, or we can just agree on 40k and sell this car".
Best response yet.
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Old 10-20-2018, 12:06 PM
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Originally Posted by ByByBMW View Post
I would pay no more than $20K and probably less. I would start the discussion at $15K
I don't think you have to worry about paying anything with those numbers. The discussion would end before it even started.
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Old 10-20-2018, 12:14 PM
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Originally Posted by FAUEE View Post
Personally, I like to ask sellers what they're asking. He will probably say 40 to 45, you say I'd want to do 36, you hem and haw for a bit and end up in the middle at 38 to 40 and get a good deal...
I agree. $45k with the heads done, serviced, and new tires is an ok deal for you if it is exactly what you want and plant to keep it.
Otherwise, the tires are going to be $2k (RFT's, align, balance), the heads a couple grand (?), the service (coolant, trans, rear, clutch) another grand so that drops it down to $40.
Next is some "travellin money" for you to get all this done so drop another $2k.
Like Fauee, I don't care to negotiate so I would tell him what needs to be done and offer $43 and seller does them or $38 and you do them.
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Old 10-20-2018, 12:46 PM
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Originally Posted by ruxvette View Post
I agree. $45k with the heads done, serviced, and new tires is an ok deal for you if it is exactly what you want and plant to keep it.
Otherwise, the tires are going to be $2k (RFT's, align, balance), the heads a couple grand (?), the service (coolant, trans, rear, clutch) another grand so that drops it down to $40.
Next is some "travellin money" for you to get all this done so drop another $2k.
Like Fauee, I don't care to negotiate so I would tell him what needs to be done and offer $43 and seller does them or $38 and you do them.
Bingo! Stole my answer! He most assuredly will not want to do the work, then you get the lower price and know that whatever works is done is to your satisfaction.
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