Purchasing Strategies
Drifting
Joined: Oct 2021
Posts: 1,290
Likes: 783
If you bought your 2019 from a dealership I would go there and discuss C8 order times and get their offer on trade. Here, we found the dealership gave a great price on trades on both MB SLK350 and a 2017 C7. Close enough to Autotrader prices and much, much less hassle. I did sell a 2003 Honda Accord privately but that car is NOT in demand, had 220,000 miles and the dealership offer was to tow it away. I got $3000.
Le Mans Master
Joined: Apr 2006
Posts: 5,422
Likes: 1,131
From: Goodyear Arizona
7th Gear
Joined: Jul 2019
Posts: 7
Likes: 7
Burning Brakes
Joined: Jul 2010
Posts: 773
Likes: 163
From: Downingtown, PA
I am in the same situation. On line buyers like Carvana were offering wholesale only. I finally decided to put it on consignment at an auto mall in my area. Hoping to get more plus the tax differential. Good luck.
Safety Car
Joined: Jun 2002
Posts: 4,768
Likes: 2,514
From: Buckeye, AZ
St. Jude Donor '12-'13
I learned years ago that there are 3 factors a deal is based 9n. Trade in, financing and price. They are a balanced triangle. When you deal the sales team just slides rhe line one way or another. If you try to deal all at once you will never know where you are at deal wise. Pick one factor and deal on it. I typically pick price and go wholesale on trade. I don't finance. No matter what they tell you, they are adjusting another factor. If they give you great price, trade will be affected, and vice versa. You are rarely getting better than wholesale in reality.
Le Mans Master
Joined: Aug 2006
Posts: 5,313
Likes: 2,215
From: San Antonio, TX
Greetings!!! It’s been a long time since I posted in the forum. Since I am now retired I have some new found freedom but need some advice. I have a 2019, C7, ZO6 with 5000 mi. It’s basically immaculate and has never seen a drop of rain….Torch Red, standard 7 speed. I want to purchase a C8, either 2023 or 2024 2LT. Should I trade it or sell through for example Carvana. Getting close to the end of the year could I expect the dealer to sharpen his pencil on a 2023? Thanx for your input!!! Dr Bob
To me it's a good idea to see what is selling on the market so when you get your offer you know if it's a lowball offer or not.
If you go to autotrader, and enter 2019 Z06 w/ manual transmission there are 13 for sale right now. There's 9 w/ mileage under 15k. You could narrow it down more w/ coupe or convertible.
Lowest is $76k. High is $125k which seems really out of place.
Best of luck,
Jason
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Racer
Joined: Sep 2012
Posts: 499
Likes: 389
Agreed. Carvana just offered me 48k for my fully loaded Platinum Diesel F350. They are probably 20k below what I’ll actually get for it.
OP - not sure why a dealer would “sharpen their pencil”. Although ADM’s are a thing of the past they have no problem selling at MSRP.
OP - not sure why a dealer would “sharpen their pencil”. Although ADM’s are a thing of the past they have no problem selling at MSRP.
Instructor
Joined: Jul 2020
Posts: 203
Likes: 344
From: Clear Lake TX
I sold my first C8 to a wholesaler since I was not doing a trade-in. The wholesaler offered a price at least $5k higher then the next best offer.
I sold my 2nd C8 to the dealer that I ordered my Z06 from. That dealer did not offer the best price even considering tax offset. They called around to their known customers and didn’t find strong interest. The best price I received was from Corvette World here in Houston. I decided to go the trade-in route when my dealer agreed to my suggestion that they raise their offer to me and I would connect them with a buyer who would pay $5k more. This got me the best possible deal ($1k more with the tax savings), and the dealer made $5k and Corvette World got the car the same day for the price they offered. Everyone wins.
I sold my 2nd C8 to the dealer that I ordered my Z06 from. That dealer did not offer the best price even considering tax offset. They called around to their known customers and didn’t find strong interest. The best price I received was from Corvette World here in Houston. I decided to go the trade-in route when my dealer agreed to my suggestion that they raise their offer to me and I would connect them with a buyer who would pay $5k more. This got me the best possible deal ($1k more with the tax savings), and the dealer made $5k and Corvette World got the car the same day for the price they offered. Everyone wins.
Instructor
Joined: Jul 2020
Posts: 203
Likes: 344
From: Clear Lake TX
I sold my first C8 to a wholesaler since I was not doing a trade-in. The wholesaler offered a price at least $5k higher then the next best offer.
I sold my 2nd C8 to the dealer that I ordered my Z06 from. That dealer did not offer the best price even considering tax offset. They called around to their known customers and didn’t find strong interest. The best price I received was from Corvette World here in Houston. I decided to go the trade-in route when my dealer agreed to my suggestion that they raise their offer to me and I would connect them with a buyer who would pay $5k more. This got me the best possible deal ($1k more with the tax savings), and the dealer made $5k and Corvette World got the car the same day for the price they offered. Everyone wins.
I sold my 2nd C8 to the dealer that I ordered my Z06 from. That dealer did not offer the best price even considering tax offset. They called around to their known customers and didn’t find strong interest. The best price I received was from Corvette World here in Houston. I decided to go the trade-in route when my dealer agreed to my suggestion that they raise their offer to me and I would connect them with a buyer who would pay $5k more. This got me the best possible deal ($1k more with the tax savings), and the dealer made $5k and Corvette World got the car the same day for the price they offered. Everyone wins.
Le Mans Master
Joined: Sep 2017
Posts: 5,767
Likes: 2,968
From: Rural NW Georgia. GO DAWGS!
2024 C8 of the Year Finalist - Unmodified
I’ve had good luck selling two cars on eBay Motors. I like it because you don’t divulge any of your personal information to potential buyers until you choose to, you can set your starting bid high enough to keep the tire kickers away, and you can put a reserve on it (what you’ll actually accept for the car).
I sold a 15 C7 in 2019 in 11 days for $1k over my reserve and a 14 MB E350 AMG in 2021 in ten days for my reserve. The guy who bought my C7 sent an enclosed trailer to pick it up after his funds cleared my bank and the guy who bought my MB flew in, met me at his bank, handed me a bank check, and drove it home. Easy deals.
I sold a 15 C7 in 2019 in 11 days for $1k over my reserve and a 14 MB E350 AMG in 2021 in ten days for my reserve. The guy who bought my C7 sent an enclosed trailer to pick it up after his funds cleared my bank and the guy who bought my MB flew in, met me at his bank, handed me a bank check, and drove it home. Easy deals.