looking for white w/ 1sc package. what's out there? prefer southeast.

 

Been looking myself, cargurus has a bunch.

Some have some higher than expected miles, 20K or so.

Prices still stubbornly high due to summer, fall fire sales coming soon I hope.

2016/C7 and end of the summer should drop prices some.

Red, Cyber Grey or Inferno are my choices, if I find a White one I will let your know.

 

thanks. i'll keep an eye for you as well. figured I would get a 427 as you can see from my avatar I enjoy driving a grenade. LOL

 

that red car in nc is reduced to 50k. might be an option now.

 

Most of the dealers are clowns, they are sitting on cars for months and months and months holding out for an unrealistic price.

That car was $59K on July 18th, now they dropped it $10K in less than two weeks.............LOL

I counted over 60/427/verts for sale just on car gurus.

They want way too high a price for them, I will wait them out until they have been chewing on them for 6 months.

Winter is coming, 2016/C7's are coming, prices will be dropping.

I got a Z06 already, that one in NC will continue to drop in price.

The Red one in IL at Law Auto according to Car Fax has the heads off it for head gaskets before 1K miles ??

I was interested in that one but need more info on the head gasket repair ???

 

hopefully they fixed the guides when they repaired. unusual to blow a head gasket with that many miles unless they run it hot.

 

As an owner of a CG 427, just curious to hear opinions from the group. How much do you think a 427 is worth?

 

As with any car, it's only worth what someone is willing to pay for it. I've seen 427 cars from 47k to 90k. I'm thinking a good color, good mileage 1sc car should be in the mid 50's. Maybe I'm off base. I'm not an expert by any means. Anyone else wanna chip in?

 

Its only worth what someone will pay you for it, and that is the only thing that matters, black book, blue book, galves, etc, throw it all out the window, IMHO what they sell for is what people will pay for them.

I have a hard time paying a premium price for anything, I used to buy new all the time, but after a while doing that and always losing 40% in the first 2-3 years its better letting the first buyer take the big hit out of the gate.

That being said I look around here and lots and lots of low mileage examples of all the C6 models are here, many that are under 5K miles and even 2K miles, and ones priced to sell do sell and quickly.

Its not that I want to diminish anyone's value of their car, I just want to buy one for a great value and not over pay as I know I have to sink $4k-$6k into it to repair the heads, so that value is taken off the current true market value in my book !

So its my goal to get the best value I can, even at the expense of someone else's loss.

That is why I want to pay as little as possible, not because I cannot afford it, just because I know I can wait out a private seller or dealer as its always a buyers market for corvettes.

I missed out on an AO/ZR1 a few weeks back for $64K with 1670 miles, so when I look around here and see them for $75K and up I know I can find a deal if I just wait and am patient.

Like the 2009 Red/Z06 with 40 miles, if it were AO I would have bought it already, but that wasn't the color for me.

My AO/Z06 already has almost 37K on it, I bought it to drive it and enjoy it, not sit it in my garage and look at the thing.

I want low miles because I want to be the one putting 10K a year or more on it, I could care less about leaving it low mileage, why would I buy such a fun car and never drive it.

 

I can appreciate a good deal and those looking for a good deal. I can only hope that other 427 owners will keep the prices reasonably elevated. I own the 1SA package and, with just shy of 15K mi, I wouldn't think of selling for less than $60K. It's just way too damn nice to give away.

I'm sure a great deal will come along. Patience pays. Good luck in your search.

JJ

 

Any owner of any car can do whatever they want to try keep a price as high as they want if it makes them feel like their car is worth "X" dollars by not wanting to sell it for any less than "X" Dollars.

But facts are facts, you can assume its worth $60K all day long, but if you go to sell it and all you can get for it is $50K is makes little difference what anyone tells you its worth or what you or I think its worth.

It is worth what someone is willing to pay for it.

As many members here are quickly finding out, their low mileage garage queens are just continuing to lose value, year after year these care depreciate and never appreciate.

So enjoy your car, drive it and maintain it, at some point if you wish to sell it, and you market it, then you find out what your car is really worth.

It is proved out here day in and day out, the forum is flooded with these cars and sellers want way more for them than they can get, all because they think they are worth more then the market will allow them to get for them.

Just look at the date posted and price listed, then look at the months and months they sit here for sale, then look at the price reductions the sellers are taking on them day in and day out and they still do not sell.

That is why I will not overpay.

Glad you like your car..........hope you continue to drive and enjoy it.

BTW: Corvette buyers seem to be very, very picky, so things like color, options, interior choice all make these hard to sell, as I know I only wanted what I bought, I looked for a long time to find a specific year, model, color, interior.

I passed up many in Black, Red, etc, many that were AO but not 2009 as I wanted the upgrades that 2009 offered.

So when I buy I am patient enough to wait for the right car at the right price, and having the CASH to buy it puts me in a better position to negotiate.

Nothing better than leading the dealer down the road that you will finance it so they will cut a better deal because the back-end money is so good on the loan, then make your first payment and have it be in full............LOL

 

Hey ridge. Can I hire u to negotiate for me. Lol

 

I don't want to get off topic but...what are the differences in the 09 Z's? I know the 08 started with the TR6060 but that's all I'm aware of. Thanks!

 

While I fully agree with what you are saying. I also realize the argument works both ways. You will get a 427 at a price that an owner is willing to sell it for. I see the many Z on the boards sitting, depreciating. I do not feel the same way about the 427. They do become available here and there but I've not seen one sell at heavy discount as of yet. Don't get me wrong, the 427 will depreciate. I know that.

Now, I didn't pay anywhere close to $90K for mine. With that said, if I did buy one for $90K and sold it for $50K 3 years later, I would be pretty butt hurt. This is why you will have to wait for the right car at the right time from the right owner. I purchased from a board sponsor and got a smoking deal.

I fully agree that you personally will not over pay with cash. But, you will pay with time. As long as you have plenty of it, you will have a 427 and lose nothing. It may take you 2 months or 2 years. I wish you all the best in your endeavor.

 

Upgraded diff and larger capacity sump.

Plus the factory Blue Tooth and an upgraded factory NAV.



Also lowest production numbers since 1962, IIRC.

 

Time and patience, well that is the easy part, way more sellers than buyers, eventually sellers realize that if they want that new C7, or that upgrade to a ZR1 or that "whatever" they will drop the price just to move on.

Perfect example, that VR-2009 with 40 miles, started out at $55K, sold months later for $48K or less.

Black GT1, listed here at $64K down to $59K and not to insult the owner, but I bet it sells for under $54K in the end.

I could go on and on, but you get the point, same as the dealer in NC, they wanted $59K, flat out refused to negotiate 2 weeks ago, now they dropped the price $9,900...........LOL.

These are cars, nothing more, the only reason people think they are worth more than they really are is because they read too many things online.

Time, I got plenty of that, and money, well that too.

So I will get what I am looking for, the nice thing about my situation is I don't need the car now or want to bad enough to overpay.

I have a Z06 to drive and if I find a better deal on a ZR1 before the 427-Vert then I will buy that instead.



Believe me, the reason when you look at a CarFax history of these and you see dealers buy them, hold them and then auction them is because they were greedy and held out for too big of a price and then figured out they need to just off-load it and move on.

That is why dealers sat on new ones for sometimes a year, greed and stupidity.

But what do I know............

 

ridge. you have a pm

 

It's always a matter of supply and demand with the 427. In the beginning everybody wanted it. Then nobody wanted it. Now more people are wanting it.

I don't think it'll ever be rare, or become the C4 GS of the C6 generation. That said, most of the production seems to have gone through the initial sales rush of people wanting the latest and greatest along with dealers sitting on them because they could, followed by the crazy discounts offered to clear out the lots, then followed by the inevitable generation change price drop, and subsequently into the hands of people who are going to hold on to them for a while now. By the nature of it being a one-year production model and thus relatively low production numbers all C6 years considered, I think it'll hold its value better relative to the Z06 especially, and even the ZR1. I've certainly found better deals on those two models. The most interesting thing, however, is that the prices on used, convertible C7s haven't affected the 427 in a noteworthy way. I've seen the C7s come down hard. I'll be interested in seeing what the convertible C7 Z06 will do, but I think the effect will be along the lines of that of the C6 Z cars. Again, most of the 427s seem to be in the hands of people who really want them now.

I do second that patience is a virtue; it took me a little bit of time to find the exact 427 that I was looking for, and I got lucky that I stumbled on the right deal at just the right time. I knew the market, and it was a done deal when I found it. The previous owner took a beating on it. Even though the market has gone up since then, no, I definitely don't expect to make money off of mine, nor do I expect to get all my money out of it again -- but I also drive mine, and I did buy it because I wanted to.

 

Dinky,that's a great observation. spot on in my opinion.

 

Exactly, the previous owner took a beating on it..........

He either needed to sell it or just wanted out of it, either way you go the car you wanted for the price ( I assume ) you wanted to pay.

IMHO most dealers, no matter what lies they tell you, never pay what they claim they did for anything, the ones that see $$$$$ are the worst to deal with as they usually think they have a super rare and ultra desirable model, they either find a sucker or sit on it so long they wind up sending it to the auction.

Like all things in life, "value" is in part how bad do you want it, if you want it really, really bad you will justify any price for it, I have seen it happen way too many times, that is the deal you will come to regret down the road.

Overpaying puts many in a much worse negative equity position immediately, they are already in a bad situation so when it comes time to move up or move on its makes it hard for the seller to let go with the loss of that bad upfront decision by paying way too much or the denial of the fact that its just not worth what they think or told its worth.