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my asking price for a C7

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Old 08-30-2017, 03:38 PM
  #1  
CdnC7
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Default my asking price for a C7

Hello folks,

I may consider a Z06(A8) next yr, and I am debating if I should sell my existing C7 privately vs trade-in. Curious what you think the realistic (private sale) asking price should be.

'15 ZF1 1LT, 7M manual. I am the first owner, properly broken in, always used Ultra 94 (I have all the gas receipts since new)
34,000km
GM bumper to bumper warranty extension - 7 yrs/100k (transferrable)
Pics under my username
Transparent top
NPP exhaust
Nav/PDR
Black wheels (ZF1 package has the Z51 19/20 wheels)
Carbon flash spoiler/mirror/front splitter
Red calipers
No mods
Oil change 1 done @ 800km, all the rest done every 6~7k (Mobil1 Dexos)

I also kept all 6~7 factory broadcast sheets, window sticker, car cover etc.

No accidents, never been to the track, no burn-outs and never driven hard - I am assuming a GM dealer can plug it in and verify the RPMs have never been higher than what would be reasonable for responsible street driving.

Thanks

Last edited by CdnC7; 08-30-2017 at 03:43 PM.
Old 08-30-2017, 06:17 PM
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Zeeman28a
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Originally Posted by C7AW
I am assuming a GM dealer can plug it in and verify the RPMs have never been higher than what would be reasonable for responsible street driving.
C7's have Nanny technology?

Looks like a nice car. GLWS.

Last edited by Zeeman28a; 08-30-2017 at 06:18 PM.
Old 08-30-2017, 06:56 PM
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Patman
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Based on what I'm seeing in the Auto Trader right now, I think a reasonable asking price is somewhere around $65,000.
Old 08-30-2017, 07:16 PM
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Mad*Max
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Originally Posted by C7AW
always used Ultra 94 (I have all the gas receipts since new)
you should use the 91 from Shell or Canadian Tire as there is no ethanol
Old 08-30-2017, 08:54 PM
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Patman
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Originally Posted by Mad*Max
you should use the 91 from Shell or Canadian Tire as there is no ethanol
The C7's recommended octane is actually 93 though, and even though they say you can run 91, you'll lose a bit of horsepower by doing so. I plan on running Ultra 94 as much as possible in mine too.
Old 08-30-2017, 10:10 PM
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Cap'n Pete
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Make sure you do the math and figure out what the difference in tax would be by trading the car in (pay tax on only the difference in value) vs. selling privately (for more money) and paying tax on the full value of the new car. When you're into the high price mark, taxes are huge. Obviously you need to have a reasonable estimate of what you'd be allowed on trade to be able to make a semi-accurate assessment.
Old 08-30-2017, 10:22 PM
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Mad*Max
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Originally Posted by Patman
The C7's recommended octane is actually 93 though, and even though they say you can run 91, you'll lose a bit of horsepower by doing so. I plan on running Ultra 94 as much as possible in mine too.
didn't know that, thought it was 91 like the C6
Old 08-30-2017, 11:03 PM
  #8  
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Originally Posted by Mad*Max
didn't know that, thought it was 91 like the C6
I wish it still was, I can't go to Costco for the C7 for gas
Old 08-31-2017, 08:42 AM
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walleyejack
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Originally Posted by Patman
The C7's recommended octane is actually 93 though, and even though they say you can run 91, you'll lose a bit of horsepower by doing so. I plan on running Ultra 94 as much as possible in mine too.
Directly from the owners manual:

Use premium unleaded gasoline with a posted octane rating of 91 or higher. If the octane is less than 91, you could damage the engine and may void your vehicle warranty.
Old 08-31-2017, 09:41 AM
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Originally Posted by walleyejack
Directly from the owners manual:

Use premium unleaded gasoline with a posted octane rating of 91 or higher. If the octane is less than 91, you could damage the engine and may void your vehicle warranty.
That's odd because the owner's manual I downloaded for a 2017 Corvette stated 93 octane. Perhaps it's a US owner's manual and they call for something different? Which makes me wonder if there is a slightly different spark advance curve for the Canadian cars as a result of the lower octane requirement? Attached below is a shot of that part of the owner's manual (sorry for the crappy sideways picture taken of the screen by my phone, I couldn't get a screenshot to work on this stupid computer)
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Old 08-31-2017, 09:41 AM
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Originally Posted by Patman
Based on what I'm seeing in the Auto Trader right now, I think a reasonable asking price is somewhere around $65,000.
i will sell u mine Pat $72.
Old 08-31-2017, 09:45 AM
  #12  
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Originally Posted by C7AW
Hello folks,

I may consider a Z06(A8) next yr, and I am debating if I should sell my existing C7 privately vs trade-in. Curious what you think the realistic (private sale) asking price should be.

'15 ZF1 1LT, 7M manual. I am the first owner, properly broken in, always used Ultra 94 (I have all the gas receipts since new)
34,000km
GM bumper to bumper warranty extension - 7 yrs/100k (transferrable)
Pics under my username
Transparent top
NPP exhaust
Nav/PDR
Black wheels (ZF1 package has the Z51 19/20 wheels)
Carbon flash spoiler/mirror/front splitter
Red calipers
No mods
Oil change 1 done @ 800km, all the rest done every 6~7k (Mobil1 Dexos)

I also kept all 6~7 factory broadcast sheets, window sticker, car cover etc.

No accidents, never been to the track, no burn-outs and never driven hard - I am assuming a GM dealer can plug it in and verify the RPMs have never been higher than what would be reasonable for responsible street driving.

Thanks
Option 3: Pick a price that's somewhere between average retail and what the dealer will give you. Then have the dealer do an 'in and out' with your car to the new buyer. The dealer may want $500 to $1,000 for doing this. You then benefit from the tax savings, plus get more than trade in and the buyer of your car will end up getting the car for a good price. Win/Win

Last edited by 1BDRSK; 08-31-2017 at 09:47 AM.
Old 08-31-2017, 10:27 AM
  #13  
walleyejack
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Originally Posted by Patman
That's odd because the owner's manual I downloaded for a 2017 Corvette stated 93 octane. Perhaps it's a US owner's manual and they call for something different? Which makes me wonder if there is a slightly different spark advance curve for the Canadian cars as a result of the lower octane requirement? Attached below is a shot of that part of the owner's manual (sorry for the crappy sideways picture taken of the screen by my phone, I couldn't get a screenshot to work on this stupid computer)
Fuel
Use of the recommended fuel is an
important part of the proper
maintenance of this vehicle. When
driving in the U.S. and Canada, to
help keep the engine clean and
maintain optimum vehicle
performance, we recommend TOP
TIER Detergent Gasolines. See
www.toptiergas.com for a list of TOP
TIER Detergent Gasolines.
If equipped with the LT1 engine, use
premium unleaded gasoline meeting
ASTM specification D4814 with a
posted octane rating of 91 or higher.
Regular unleaded gasoline rated at
Chevrolet Corvette Owner Manual (GMNA-Localizing-U.S./Canada/Mexico-
9085364) - 2016 - crc - 4/22/15
Driving and Operating 207
87 octane or higher can be used,
but acceleration and fuel economy
will be reduced, and an audible
knocking noise may be heard. If this
occurs, use a gasoline rated at
91 octane or higher as soon as
possible. Otherwise, the engine
could be damaged. If heavy
knocking is heard when using
gasoline with a 91 octane rating or
higher, the engine needs service.
If equipped with the LT4
supercharged engine, use premium
unleaded gasoline meeting ASTM
specification D4814 with a posted
octane rating of 91 or higher. If the
octane is less than 91, damage to
the engine may occur and may void
the vehicle warranty. If heavy
knocking is heard when using
gasoline rated at 91 octane or
higher, the engine needs service.
Use of Seasonal Fuels
Use summer and winter fuels in the
appropriate season. The fuels
industry automatically modifies the
fuel for the appropriate season.
If fuel is left in the vehicle tank for
long periods of time, driving or
starting could be affected. Drive the
vehicle until the fuel is at one-half
tank or less, then refuel with the
current seasonal fuel.
Prohibited Fuels
Gasolines containing oxygenates
such as ethers and ethanol, as well
as reformulated gasolines, are
available in some cities. If these
gasolines comply with the
previously described specification,
then they are acceptable to use.
However, E85 (85% ethanol) and
other fuels containing more than
15% ethanol must be used only in
FlexFuel vehicles.
Caution
Do not use fuel containing
methanol. It can corrode metal
parts in the fuel system and also
damage plastic and rubber parts.
That damage would not be
covered under the vehicle
warranty.
Some gasolines, mainly high octane
racing gasolines, can contain an
octane-enhancing additive called
methylcyclopentadienyl manganese
tricarbonyl (MMT). Do not use
gasolines and/or fuel additives with
MMT as they can reduce spark plug
life and affect emission control
system performance. The
malfunction indicator lamp may turn
on. If this occurs, see your dealer
for service.
Old 08-31-2017, 11:11 AM
  #14  
Patman
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Originally Posted by walleyejack
i will sell u mine Pat $72.
No thanks

Last edited by Patman; 09-14-2017 at 04:55 AM.
Old 08-31-2017, 12:10 PM
  #15  
walleyejack
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Originally Posted by Patman
No thanks, I'm getting my new 2018 for $64,000
will it have wheels and tires and an engine ?
Old 08-31-2017, 02:58 PM
  #16  
CdnC7
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thanks everyone,

I am thinking low to mid $50k would a reasonable price for a quick sale.

Re: octane rating, I use Shell 91 in my other cars, and tried it in C7... it did not like it one bit! So I switched back to 94.

Last edited by CdnC7; 08-31-2017 at 02:59 PM.
Old 08-31-2017, 03:15 PM
  #17  
walleyejack
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Originally Posted by C7AW
thanks everyone,

I am thinking low to mid $50k would a reasonable price for a quick sale.

Re: octane rating, I use Shell 91 in my other cars, and tried it in C7... it did not like it one bit! So I switched back to 94.

MY C7 loves Costco 91
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Old 08-31-2017, 03:22 PM
  #18  
Pompitup
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Hi Patman,


No NPP exhaust or glass roof for your new car???


BTW, I read in a 2018 Camaro ZL1 that 91 is called for in the lt4 engine and in the LT1 also. Costco will be your friend still..lol
Old 08-31-2017, 06:05 PM
  #19  
Mad*Max
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Pat, I checked the 2015 manual today and it says 91 Octane, Walleyjack beat me to it though...the 2017 manual says 93 so there must be some change to the tuning?

Originally Posted by walleyejack
Fuel
Use of the recommended fuel is an
important part of the proper
maintenance of this vehicle. When
driving in the U.S. and Canada, to
help keep the engine clean and
maintain optimum vehicle
performance, we recommend TOP
TIER Detergent Gasolines. See
www.toptiergas.com for a list of TOP
TIER Detergent Gasolines.
If equipped with the LT1 engine, use
premium unleaded gasoline meeting
ASTM specification D4814 with a
posted octane rating of 91 or higher.
Regular unleaded gasoline rated at
Chevrolet Corvette Owner Manual (GMNA-Localizing-U.S./Canada/Mexico-
9085364) - 2016 - crc - 4/22/15
Driving and Operating 207
87 octane or higher can be used,
but acceleration and fuel economy
will be reduced, and an audible
knocking noise may be heard. If this
occurs, use a gasoline rated at
91 octane or higher as soon as
possible. Otherwise, the engine
could be damaged. If heavy
knocking is heard when using
gasoline with a 91 octane rating or
higher, the engine needs service.
If equipped with the LT4
supercharged engine, use premium
unleaded gasoline meeting ASTM
specification D4814 with a posted
octane rating of 91 or higher. If the
octane is less than 91, damage to
the engine may occur and may void
the vehicle warranty. If heavy
knocking is heard when using
gasoline rated at 91 octane or
higher, the engine needs service.
Use of Seasonal Fuels
Use summer and winter fuels in the
appropriate season. The fuels
industry automatically modifies the
fuel for the appropriate season.
If fuel is left in the vehicle tank for
long periods of time, driving or
starting could be affected. Drive the
vehicle until the fuel is at one-half
tank or less, then refuel with the
current seasonal fuel.
Prohibited Fuels
Gasolines containing oxygenates
such as ethers and ethanol, as well
as reformulated gasolines, are
available in some cities. If these
gasolines comply with the
previously described specification,
then they are acceptable to use.
However, E85 (85% ethanol) and
other fuels containing more than
15% ethanol must be used only in
FlexFuel vehicles.
Caution
Do not use fuel containing
methanol. It can corrode metal
parts in the fuel system and also
damage plastic and rubber parts.
That damage would not be
covered under the vehicle
warranty.
Some gasolines, mainly high octane
racing gasolines, can contain an
octane-enhancing additive called
methylcyclopentadienyl manganese
tricarbonyl (MMT). Do not use
gasolines and/or fuel additives with
MMT as they can reduce spark plug
life and affect emission control
system performance. The
malfunction indicator lamp may turn
on. If this occurs, see your dealer
for service.
Originally Posted by Patman
That's odd because the owner's manual I downloaded for a 2017 Corvette stated 93 octane. Perhaps it's a US owner's manual and they call for something different? Which makes me wonder if there is a slightly different spark advance curve for the Canadian cars as a result of the lower octane requirement? Attached below is a shot of that part of the owner's manual (sorry for the crappy sideways picture taken of the screen by my phone, I couldn't get a screenshot to work on this stupid computer)
Originally Posted by walleyejack
Directly from the owners manual:

Use premium unleaded gasoline with a posted octane rating of 91 or higher. If the octane is less than 91, you could damage the engine and may void your vehicle warranty.
Originally Posted by Mad*Max
didn't know that, thought it was 91 like the C6
Originally Posted by Patman
The C7's recommended octane is actually 93 though, and even though they say you can run 91, you'll lose a bit of horsepower by doing so. I plan on running Ultra 94 as much as possible in mine too.
Old 08-31-2017, 08:14 PM
  #20  
Cap'n Pete
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Originally Posted by 1BDRSK
Option 3: Pick a price that's somewhere between average retail and what the dealer will give you. Then have the dealer do an 'in and out' with your car to the new buyer. The dealer may want $500 to $1,000 for doing this. You then benefit from the tax savings, plus get more than trade in and the buyer of your car will end up getting the car for a good price. Win/Win
That's actually a very good option as well! That's how I ended up selling my Z06 ~5 years ago. Took a price that was slightly below market, but it still worked well in my favour toward the tax reduction, so it was a win-win as you say. And I think the dealership cost was only $300.


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