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Old Mar 6, 2016 | 10:40 PM
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Default 2014 value

I can't believe i have had my stingray over 2 years already. Since i have purchased it I have only put 11000 miles on it. However It pretty much just sits and around and was considering to sell it for a house down payment on top of the profit made from my previous home(sold due to relocation) can come close to a cash offer for home but would still need a mortgage.

Car is paid for which i still can't believe i have title in hand. First corvette paid for. But anyway I haven't been on here in a long time so to remind, I have the 2014 CGM M7 2LT with NPP and Navigation and just under 11k miles on the ticker. I originally told my potential home lender that the car is worth without an appraisal somewhere in the ballpark of around 40k is this an accurate assumption or will it be a little more or less. I have snooped the car websites and seen where this car with similar specs going for around 50k but I am not thinking i can get close since i paid 56 for it.

At this point am just curious, I don't want to go to carmax because even though they say no pressure but when i see the number on the paper it becomes tempting then.


Thanks in advance

Last edited by air86; Mar 6, 2016 at 10:40 PM.
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Old Mar 6, 2016 | 10:42 PM
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You can always check the blue book value on it, http://www.kbb.com/ -- But to me I'd think it would sell pretty quick for 40k
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Old Mar 6, 2016 | 11:23 PM
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$40K is too low. Selling privately, I'd put the price at around $47K, but accept offers of around $44K to $45K. Yes, the 2014 has depreciated, but the only cars I've seen in the low 40s were rebuild titles, lemon law recall or higher mileage (over 40K miles).
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Old Mar 7, 2016 | 01:33 PM
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I sold my 2014 base 3lt last month. I went to carmax first and they offered me $46,000, which I thought was a pretty strong offer from them. I ended up selling to another car lot for $46,500. I would definitely start with carmax. Their offer is good for seven days.
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Old Mar 7, 2016 | 05:32 PM
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Start off with CarMax. I sold my C-6 to them and was very happy with their offer.
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Old Mar 7, 2016 | 05:44 PM
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When I was selling my C6, an extremely well kept 2006 Monterey Coupe they offered me $ 2500.00 less than the local Chevy dealer and told me that I need to replace the 2 month old tires, with maybe 1000 miles on them, because they weren't the original Goodyears. I wouldn't go back to those crooks for a pair of roller skates.

Last edited by Mike Campbell; Mar 7, 2016 at 05:44 PM.
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Old Mar 7, 2016 | 06:06 PM
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Originally Posted by Mr Guns
I sold my 2014 base 3lt last month. I went to carmax first and they offered me $46,000, which I thought was a pretty strong offer from them. I ended up selling to another car lot for $46,500. I would definitely start with carmax. Their offer is good for seven days.
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Old Mar 7, 2016 | 06:30 PM
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I would say its worth around $45K.
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Old Mar 7, 2016 | 06:45 PM
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Originally Posted by air86
I can't believe i have had my stingray over 2 years already. Since i have purchased it I have only put 11000 miles on it. However It pretty much just sits and around and was considering to sell it for a house down payment on top of the profit made from my previous home(sold due to relocation) can come close to a cash offer for home but would still need a mortgage.

Car is paid for which i still can't believe i have title in hand. First corvette paid for. But anyway I haven't been on here in a long time so to remind, I have the 2014 CGM M7 2LT with NPP and Navigation and just under 11k miles on the ticker. I originally told my potential home lender that the car is worth without an appraisal somewhere in the ballpark of around 40k is this an accurate assumption or will it be a little more or less. I have snooped the car websites and seen where this car with similar specs going for around 50k but I am not thinking i can get close since i paid 56 for it.

At this point am just curious, I don't want to go to carmax because even though they say no pressure but when i see the number on the paper it becomes tempting then.


Thanks in advance

No magnetic ride control? That will hit your value pretty hard as well. No real point in having a Z51 without MRC as you don't get PTM to use that fancy expensive electronic rear diff.
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Old Mar 7, 2016 | 07:15 PM
  #10  
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I have just been thru this exercise and my car is equipped as yours except it has A6, rear deck spoiler, 13000 mi. I am sitting on a cash offer of $44k from CarMax. Trade value from 3 dealers in my area range from $44,500-$47,000.
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Old Mar 8, 2016 | 06:21 PM
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Where are you located? I've sold 2 vehicles to Texas Direct in the last year for CRAZY money. It's how I pretty much financed my C7. They love clean late model rides and mods don't bother them.

A buddy recently sold his 2014 2LT convertible for 60k. Good luck!
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Old Mar 8, 2016 | 06:26 PM
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I have sold many cars to Carmax. Hassle free, their check is good, and offer is usually quite fair. Couple thousand $ less than private, but no yahoos to deal with, including time.
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Old Mar 8, 2016 | 08:22 PM
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Originally Posted by Gadfly
No magnetic ride control? That will hit your value pretty hard as well. No real point in having a Z51 without MRC as you don't get PTM to use that fancy expensive electronic rear diff.
He didn't say he had the Z51 option.
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Old Mar 8, 2016 | 08:24 PM
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Originally Posted by awright2009
You can always check the blue book value on it, http://www.kbb.com/ -- But to me I'd think it would sell pretty quick for 40k
It sure would, at that price, which is at least $5k below market value.
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