C6 Fair Value
Thread Starter
Instructor
Joined: May 2018
Posts: 171
Likes: 39
C6 Fair Value
Members, I have a 2007 pristine 3LT for sale here and it is not selling. Would you offer me your estimate of a fair asking price for the car?
I would appreciate any help. Monterey red metallic tint coat cashmere interior 41000 miles. automatic. Continental tires 2 years old. Valuable HUD and Memory , garage kept. Daryl
Located in Coeur d'Alene, Idaho
I would appreciate any help. Monterey red metallic tint coat cashmere interior 41000 miles. automatic. Continental tires 2 years old. Valuable HUD and Memory , garage kept. Daryl
Located in Coeur d'Alene, Idaho
Last edited by darylincda; Jul 13, 2024 at 09:43 AM. Reason: add location
Race Director
Joined: Oct 2012
Posts: 17,382
Likes: 6,526
From: Melbourne, FL
Your problem is two fold. Problem 1 is you're trying to sell it here. Most people on here already have Corvettes, and don't need another one, lol. List it elsewhere
Two, you're in the middle of nowhere. Nothing you can do about that, but there's not a big market you're advertising to locally or even within a few hours
I'd list on eBay or similar in the hopes.of getting a non local.
Two, you're in the middle of nowhere. Nothing you can do about that, but there's not a big market you're advertising to locally or even within a few hours
I'd list on eBay or similar in the hopes.of getting a non local.
Pro
Joined: Apr 2022
Posts: 523
Likes: 253
From: Stevens Point, Wisconsin
1LT, 2LT, 3LT... if anyone does care, it's maybe a couple of hundred dollars. All the added options the 2LT and 3LT give you are dated over a decade. Radio unit, most likely the first thing to get replaced. GPS is about worthless. HUD may be a nice feature but not a necessity. Same with heated seats. Even in Wisconsin, I don't need them as my car sits in the garage all the cold months. 2007 still had the LS2 but IMO the automatic is what would slow a sale.
I like BuckeyeRay's range of $25-29k. I paid $29k 2+ years ago for an 08 1LT manual. (Someone could've offered me an auto for $19k and I wouldn't have touched it) If it checks all the boxes for someone, they may go towards the higher end of that spectrum. If I had to put an exact number on it, $23.5k for coupe, $22k for convertible.
If I were looking again, an 07 would have to be considerably less than an 08 apples to apples just because of the LS3. (Same mileage 07 3LT vs 08 1LT, I'm taking the 08 all day, everyday.)
I like BuckeyeRay's range of $25-29k. I paid $29k 2+ years ago for an 08 1LT manual. (Someone could've offered me an auto for $19k and I wouldn't have touched it) If it checks all the boxes for someone, they may go towards the higher end of that spectrum. If I had to put an exact number on it, $23.5k for coupe, $22k for convertible.
If I were looking again, an 07 would have to be considerably less than an 08 apples to apples just because of the LS3. (Same mileage 07 3LT vs 08 1LT, I'm taking the 08 all day, everyday.)
Pro
Joined: Apr 2022
Posts: 523
Likes: 253
From: Stevens Point, Wisconsin
Your problem is two fold. Problem 1 is you're trying to sell it here. Most people on here already have Corvettes, and don't need another one, lol. List it elsewhere
Two, you're in the middle of nowhere. Nothing you can do about that, but there's not a big market you're advertising to locally or even within a few hours
I'd list on eBay or similar in the hopes.of getting a non local.
Two, you're in the middle of nowhere. Nothing you can do about that, but there's not a big market you're advertising to locally or even within a few hours
I'd list on eBay or similar in the hopes.of getting a non local.
2 very good points.
But I'll add that I was willing to travel anywhere until I found out what a bitch it was to buy a car out of state with my credit union. That being said, most people that have $25-30k to spend on a spare vehicle have the means to get to Idaho or have it shipped. But for that it would have to be the right combination of EVERYTHING.
But still, FAUEE had 2 excellent points!
Pro
Joined: May 2022
Posts: 578
Likes: 426
From: Bay Area
Your problem is two fold. Problem 1 is you're trying to sell it here. Most people on here already have Corvettes, and don't need another one, lol. List it elsewhere
Two, you're in the middle of nowhere. Nothing you can do about that, but there's not a big market you're advertising to locally or even within a few hours
I'd list on eBay or similar in the hopes.of getting a non local.
Two, you're in the middle of nowhere. Nothing you can do about that, but there's not a big market you're advertising to locally or even within a few hours
I'd list on eBay or similar in the hopes.of getting a non local.
Last edited by RobertCorvette; Jul 12, 2024 at 07:40 PM.
Racer
Joined: Jul 2019
Posts: 384
Likes: 196
From: Jersey Shore
Find a broker to sell it for you. They will take a percentage, 5% or so but they will list and market your car better than you can. I just bought a 2013 from one and he's going to sell my 50th convertible for me.
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Burning Brakes
Joined: Jan 2022
Posts: 1,186
Likes: 660
From: Iowa
I have a black 07 3lt auto coupe mileage 22k. Thousands in lighting and Thousands in interior parts. If I were to list it I'd like to get 25k. Problem comes from people thinking they have 30k cars or higher. Don't know what you are asking, but 30k won't do it. You don't have high mileage, but it isn't low either.
Burning Brakes
Joined: Jun 2020
Posts: 1,060
Likes: 455
From: San Jose, CA
2023 C6 of the Year Finalist - Unmodified
2022 C6 of the Year Finalist - Unmodified
Totally disagree. I joined this forum way before I owned a Corvette. Specifically to narrow down what I wanted AND to look for one to buy. I didn’t buy one here, though I tried.
Burning Brakes
Joined: Jan 2022
Posts: 1,186
Likes: 660
From: Iowa
Drifting
Joined: Sep 2007
Posts: 1,392
Likes: 378
From: Cincinnati Ohio
Members, I have a 2007 pristine 3LT for sale here and it is not selling. Would you offer me your estimate of a fair asking price for the car?
I would appreciate any help. Monterey red metallic tint coat cashmere interior 41000 miles. automatic. garage kept. Daryl
Located in Coeur d'Alene, Idaho
I would appreciate any help. Monterey red metallic tint coat cashmere interior 41000 miles. automatic. garage kept. Daryl
Located in Coeur d'Alene, Idaho
No one has said it yet but I think interest rates are an issue for your buyers. Some may be able to pay cash but the demographic of who is buying the C6 now are probably first time Corvette buyers maybe 39-48 years of age. When I bought mine the rates were 3% that is a far cry from what they are now of 8-10%!! Good luck with the sale.
Race Director
Joined: Oct 2012
Posts: 17,382
Likes: 6,526
From: Melbourne, FL
Also the 1LT vs 3LT bring "a couple hundred bucks differenxe if anyone cares". Nah bro. That's just something that 1LT owners say. It's a couple grand, and a lot of people won't even consider a 1LT. Frankly, the 3LT should have been the base model. Stuff like heated and memory seats is never "outdated tech".
Yes, I know you can add most of it aftermarket. But also, that's beyond the capability or desire of most people. So don't fall into the trap that options don't matter, options is a huge factor for many buyers, albeit under color and transmission.
Yes, I know you can add most of it aftermarket. But also, that's beyond the capability or desire of most people. So don't fall into the trap that options don't matter, options is a huge factor for many buyers, albeit under color and transmission.
Team Owner
Joined: Apr 2008
Posts: 22,552
Likes: 1,689
From: South Carolina
Also the 1LT vs 3LT bring "a couple hundred bucks differenxe if anyone cares". Nah bro. That's just something that 1LT owners say. It's a couple grand, and a lot of people won't even consider a 1LT. Frankly, the 3LT should have been the base model. Stuff like heated and memory seats is never "outdated tech".
Yes, I know you can add most of it aftermarket. But also, that's beyond the capability or desire of most people. So don't fall into the trap that options don't matter, options is a huge factor for many buyers, albeit under color and transmission.
Yes, I know you can add most of it aftermarket. But also, that's beyond the capability or desire of most people. So don't fall into the trap that options don't matter, options is a huge factor for many buyers, albeit under color and transmission.
No it isn't.....after a decade it means possible 300 bucks if you are lucky... between 1 and 3 lt...Don't mean ****...Put your car in and use the the pick your options and try a 1lt verses a 3lt with everything being equal...you'll see...
Its more like the guys with antiquated shitty navigation somehow thinks it makes their car worth more when it come times to sell......
Racer
Joined: Jul 2019
Posts: 384
Likes: 196
From: Jersey Shore
No it isn't.....after a decade it means possible 300 bucks if you are lucky... between 1 and 3 lt...Don't mean ****...Put your car in and use the the pick your options and try a 1lt verses a 3lt with everything being equal...you'll see...
Its more like the guys with antiquated shitty navigation somehow thinks it makes their car worth more when it come times to sell......
Its more like the guys with antiquated shitty navigation somehow thinks it makes their car worth more when it come times to sell......
Team Owner
Joined: Apr 2008
Posts: 22,552
Likes: 1,689
From: South Carolina
I think you're right. I just bought a 2013 and what mattered most to me was engine, transmission, convertible, color and condition. To be honest, I'm not even sure exactly what options the car has. The navigation and stereo or heated seats make zero difference to me. I think most modern cars have enough bells and whistles. I bought my Vette to drive and feel like I'm driving. If I want to feel like the car is driving me I'll drive my Lincoln.
Exactly those things matter lot more... and the older the car the less options matter...You can prove it by inputting your car in your favorite value estimator and use the choose your option choice and try 1lt verses 3lt with everything else the same....Its surprising how little it means on trade in value...
Race Director
Joined: Oct 2012
Posts: 17,382
Likes: 6,526
From: Melbourne, FL
No it isn't.....after a decade it means possible 300 bucks if you are lucky... between 1 and 3 lt...Don't mean ****...Put your car in and use the the pick your options and try a 1lt verses a 3lt with everything being equal...you'll see...
Its more like the guys with antiquated shitty navigation somehow thinks it makes their car worth more when it come times to sell......
Its more like the guys with antiquated shitty navigation somehow thinks it makes their car worth more when it come times to sell......
The nav unit, I would agree adds little to no value. But all the other stuff sure does. But you do you buddy,
