Why is no one intrested on purchasing my car ?
01-19-2019, 08:02 PM
#61
first things I noticed were the huge dent in the armrest. Also the car was dirty. Vaccuum and wipe it down. Also need a carfax. You're in LA, you have tons of competition i imagine for these cars.
01-19-2019, 08:12 PM
#62
This is how I look at these things. I have a 2017 Z51, M7, 2LT, Nav, 14,800 miles. Excellent Condition, no marks, no body or paint work, never hit, serviced by the book garage kept, etc. Kelly Blue Book pegs the private sale value of my car @ approx. $47500. I take all that with a massive grain of salt, so let's say the car is worth roughly $46K selling it privately. The way I look at it if a dealer offers me $42K I would then save the sales tax on that amount on the newer car I'm purchasing, that's about $3K, so that's similar to me getting $45K for my car. Then when I adjust that $47500 down for reality, I'm not too far off trading the car vs. selling it privately, and it's SO much easier.
That relative math applies even if you ratchet the numbers down for whatever the market really is today. One thing is certain: all cars are worth less in the absolute dead of winter than in mid-April, particularly sports cars.
I never worry about it, I was in the car business for a decade, wholesale and retail, made plenty of money buying and selling cars, I know that I'll lose money when I trade a car. But in the bigger picture, a Corvette holds its value better than most cars that cost $60K-$70K brand new (MSRP on my car was about $70K, I paid about $63K). You wanna play you gotta pay.
That relative math applies even if you ratchet the numbers down for whatever the market really is today. One thing is certain: all cars are worth less in the absolute dead of winter than in mid-April, particularly sports cars.
I never worry about it, I was in the car business for a decade, wholesale and retail, made plenty of money buying and selling cars, I know that I'll lose money when I trade a car. But in the bigger picture, a Corvette holds its value better than most cars that cost $60K-$70K brand new (MSRP on my car was about $70K, I paid about $63K). You wanna play you gotta pay.
01-19-2019, 08:24 PM
#63
Team Owner
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St. Jude Donor '11-'12-'13, '16-'17-'18
Every deal I've ever seen the sales tax is due on the sales price not the net price
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01-19-2019, 08:37 PM
#65
Race Director
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St. Jude Donor '16-'17,'22,'24
Ken, you might want to check that. PCad is correct, every deal I've ever made with a trade, the tax is only paid on the difference after deducting the trade. That includes deals in NJ, GA, MD, and NC.
Last edited by roadbike56; 01-19-2019 at 08:37 PM.
01-19-2019, 08:39 PM
#66
Drifting
The stripe probably turns off a significant amount of potential buyers. Was it aftermarket, if so maybe remove it. Get some good photos of a clean car against an uncluttered background. I would replace the center console lid. It does not show pride of ownership.
01-19-2019, 08:40 PM
#67
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St. Jude Donor '16-'17,'22,'24
If that was my car My advertisement would be like this
For sale 2017 White Chevrolet Corvette Coupe with Z51& LT2 package Only 24,000 miles . One mature owner, With Clean Car fax and Clear title , Car has a red Racing stripe that matches the Red seats. Picture don't do it justice it's stunning in person,It is an 8 speed automatic ,Has heated and ventilated seats Color heads up display,Power everything in side.It also has a carbon fiber dash board along with the console, Real sharp .Has the optional clear tinted roof panel the comes off with a simple twist of a handle. This Has stock from the factory 455 hp Purrs like a kitten, but roars like a lion when you put your foot into it. To purchase a car like this brand new you would be spend in the 80's for it.It looks brand new inside and outside , Kelly blue book put the values of this car around around 46,000 in good condition, Mine is in Excellent condtion and I have it price bellow Kelly blue book for a quick sale, This is a original California car thats never seen the salty roads of the east coast. The local credit unions are offering used cars loans at low interest rates. I have the ordinal owners manual and extra key fob that goes with the car, Spring is coming and so are the higher prices, Take advantage of my winter low-priced car and be ready to be touring up and down the coast in your dream car.
ONLY 43,000.00
Cheap used car loans
For sale 2017 White Chevrolet Corvette Coupe with Z51& LT2 package Only 24,000 miles . One mature owner, With Clean Car fax and Clear title , Car has a red Racing stripe that matches the Red seats. Picture don't do it justice it's stunning in person,It is an 8 speed automatic ,Has heated and ventilated seats Color heads up display,Power everything in side.It also has a carbon fiber dash board along with the console, Real sharp .Has the optional clear tinted roof panel the comes off with a simple twist of a handle. This Has stock from the factory 455 hp Purrs like a kitten, but roars like a lion when you put your foot into it. To purchase a car like this brand new you would be spend in the 80's for it.It looks brand new inside and outside , Kelly blue book put the values of this car around around 46,000 in good condition, Mine is in Excellent condtion and I have it price bellow Kelly blue book for a quick sale, This is a original California car thats never seen the salty roads of the east coast. The local credit unions are offering used cars loans at low interest rates. I have the ordinal owners manual and extra key fob that goes with the car, Spring is coming and so are the higher prices, Take advantage of my winter low-priced car and be ready to be touring up and down the coast in your dream car.
ONLY 43,000.00
Cheap used car loans
01-19-2019, 09:32 PM
#68
01-19-2019, 09:46 PM
#69
Melting Slicks
Good lucK!
01-19-2019, 10:02 PM
#70
I did that with my 16' Z51 to satisfy a dealer 100 miles away about its value .. was an embarrassing offer .... ended up getting 10k more on trade with another dealer....was not a good option with me...
Last edited by bbrown450; 01-19-2019 at 10:03 PM.
01-19-2019, 10:38 PM
#71
Not in NY/NJ, but then those are the only two states in which I was employed in the retail car business. WTF do I know? Maybe selling 1000+ cars @ retail wasn't enough experience and I missed something.
01-20-2019, 01:17 AM
#72
Melting Slicks
01-20-2019, 01:35 AM
#73
Racer
Good way to generate interest
https://www.corvetteforum.com/forums...terior-la.html
Ive had another post up for about two months and I haven’t gotten a single offer. I just made a new one thinking MAYBE my other post got blocked or something.
Is it the price ? Is it the car? I don’t understand.
The price seems like a pretty good deal especially comparing to other cars exactly like mine for sale.
I’ve seen other cars get way more attention where I honestly haven’t gotten a single offer, and I’m not going to lie, mines a bit better looking than theirs.
Any tips ?
Ive had another post up for about two months and I haven’t gotten a single offer. I just made a new one thinking MAYBE my other post got blocked or something.
Is it the price ? Is it the car? I don’t understand.
The price seems like a pretty good deal especially comparing to other cars exactly like mine for sale.
I’ve seen other cars get way more attention where I honestly haven’t gotten a single offer, and I’m not going to lie, mines a bit better looking than theirs.
Any tips ?
01-20-2019, 10:22 AM
#74
Drifting
01-20-2019, 10:29 AM
#75
E-Ray, 3LZ, ZER, LIFT
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In SC paid $300 sales tax for my Grand Sport. That was the maximum sales tax for any vehicle! They just raised it to $500.Sounds good until you look at the property tax we pay per year on cars. My 2 year old Grand Sport will cost ~$1000 this year! They go by the Black Book price that stops after 25 years. So a fully restored '63 Split Window would cost zero!
Each State taxes differently. I'd guess in SC many folks pay more property tax on their new pick-up than their home! Our home property tax for "old folk" is low!
Last edited by JerryU; 01-20-2019 at 10:31 AM.
01-20-2019, 10:36 AM
#76
Moderator
In SC paid $300 sales tax for my Grand Sport. That was the maximum sales tax for any vehicle! They just raised it to $500.Sounds good until you look at the property tax we pay per year on cars. My 2 year old Grand Sport will cost ~$1000 this year! They go by the Black Book price that stops after 25 years. So a fully restored '63 Split Window would cost zero!
Each State taxes differently. I'd guess in SC many folks pay more property tax on their new pick-up than their home! Our home property tax for "old folk" is low!
01-20-2019, 10:58 AM
#77
Melting Slicks
+1 on the timing and better picture quality suggestion. If you go the ebay route just be wary of the over eager buyers who want it without any real investigation into it on their part and will overnight you a check or other negotiable instrument and need immediate delivery (or may have a 'buddy' who happens to be in town who will pick it up for them. LoL... A week later the 'check' bounces... you know.. the classics..
01-20-2019, 11:10 AM
#78
Safety Car
Red Stripe + Red Interior + all of that carbon fiber inside = big fat no way in my book. I think with that combo you have effectively cut out 80-90% of the people looking to buy a used Corvette. One thing you have to remember when modifying your car is that pretty much most of it will actually reduce the value. 99% of people do not want to buy a car modified in any way unless it is done in a universally tasteful way.
Your best bet is to return the interior trim to stock and really think about removing that red stripe. You will likely get more interest after those changes.
Your best bet is to return the interior trim to stock and really think about removing that red stripe. You will likely get more interest after those changes.
01-20-2019, 12:37 PM
#79
Red Stripe + Red Interior + all of that carbon fiber inside = big fat no way in my book. I think with that combo you have effectively cut out 80-90% of the people looking to buy a used Corvette. One thing you have to remember when modifying your car is that pretty much most of it will actually reduce the value. 99% of people do not want to buy a car modified in any way unless it is done in a universally tasteful way.
Your best bet is to return the interior trim to stock and really think about removing that red stripe. You will likely get more interest after those changes.
Your best bet is to return the interior trim to stock and really think about removing that red stripe. You will likely get more interest after those changes.
100%" tastefully done modifications " NOPE! ( out of the box ) they are over the top already without doing a damn thing to them. lots of folks here act like they gave birth to their corvette!
WHAT???? you don't like my wheels?...your nuts and your wheels suck.
To many C7's out there for sale and yours is WAY too specifically "tastefully modded " Put that thing back to stock and you might get some interest.
01-20-2019, 12:50 PM
#80
Team Owner
