Hello! "New to this board" Need to sell my 1986 pace car convertible to fund another project. It is black with black top and red leather interior. 58K miles, 4+3 trans, sport seats, bose, new mufflers, new clutch, new rear tires, new alternator, interior is excellent, body has some very minor road nicks on the nose/hood, windsheild has a rock chip, runs awesome, haven't driven this car in two years, have all paperwork, window sticker, all original pace car decals still in box, overall nice condition! Was thinking 13k for an asking price, what do you think?? Thanks, M22
Seems very high, go to kellybluebook.com and nada and see what the ranges are. If you are were a true 86 yellow pace car then you could get more $ for it.
If you spend $13,000 you can now get yourself into a 92+ up car with the same mileage you have or lower.
YOu can try to sell it for that though, if it dosen't sell, you can adjust the price downwards.
Good Luck selling your vette, I hope you get a good price for her! :cheers:
It's a tough market right now. I think 13k asking price is fair, but you probably will not net that. Don't get discouraged, if you have patience, you should come pretty close. I sold an '86 blk/blk/graphite Pace Car last year for $9,000, with over 100k miles.
Also, sorry but I beg to differ with the previous post, kbb and nada don't seem to have a clue when it comes to C4 values. They seem to base value heavily on age, but you and I both know that the C4's are becoming timeless like the previous generations.
My advice to you is to let the market dictate your price, I think you'll find that most early C4 convertibles are well over $10k.
[quote]It's a tough market right now. I think 13k asking price is fair, but you probably will not net that. Don't get discouraged, if you have patience, you should come pretty close. I sold an '86 blk/blk/graphite Pace Car last year for $9,000, with over 100k miles.
Also, sorry but I beg to differ with the previous post, kbb and nada don't seem to have a clue when it comes to C4 values. They seem to base value heavily on age, but you and I both know that the C4's are becoming timeless like the previous generations.
My advice to you is to let the market dictate your price, I think you'll find that most early C4 convertibles are well over $10k.
Good luck! :cheers:
Your can beg to differ but the KBB and NADA, are a baseline and people do refer to them when they purchase a car. Condition and other elements can alter the price you ask for your car but if you average both of the two books you get a good baseline. The market always dictates the market -- like I said before put it up for sale and keep lowering the price until you sell it.
I just picked up a mint 93 with 34k miles for $11,900.
Your can beg to differ but the KBB and NADA, are a baseline and people do refer to them when they purchase a car. Condition and other elements can alter the price you ask for your car but if you average both of the two books you get a good baseline. The market always dictates the market -- like I said before put it up for sale and keep lowering the price until you sell it.
I just picked up a mint 93 with 34k miles for $11,900.
[Modified by xlr8nflorida, 8:56 AM 7/10/2003]
I'm not looking to start a war, I'm simply saying that a corvette's age has little to do with its market value. Someone would pay $13k for a '92, or $13k for an '86 in great condition. I think the vette is based on condition and milage rather than age. Here's an example, a '96 Grand Sport fully loaded, excellent cond. with 40k miles............kelly blue book is telling me its RETAIL (not trade-in) value is $17,690. Why, because it's an older vette, a '96 model!? And the rest of the world knows that you couldn't touch it for under $24K. I still beg to differ. But no offense, I'm still waving to you. :seeya
I'm not looking to start a war, I'm simply saying that a corvette's age has little to do with its market value. Someone would pay $13k for a '92, or $13k for an '86 in great condition. I think the vette is based on condition and milage rather than age. Here's an example, a '96 Grand Sport fully loaded, excellent cond. with 40k miles............kelly blue book is telling me its RETAIL (not trade-in) value is $17,690. Why, because it's an older vette, a '96 model!? And the rest of the world knows that you couldn't touch it for under $24K. I still beg to differ. But no offense, I'm still waving to you. :seeya
I'm not wanting to start a war either but if you read my email I said look at both books and nada prices are as follows:
July 10, 2003
1996 Chevrolet CORVETTE
2 Door Coupe Grand Sport
Low Retail Average Med Retail High Retail
Base Price $20,350 $29,050 $37,775
If you average the two (nada &KBB) you get $27,000 which is where alot of GS cars are at right now unless you have very low mileage.
Also, you have to keep in mind which car you are talking about --- of course GS,40th Ruby's, CE's, ZR-1s, are going to be slightly different since you can get a premium for them. Plus condtion of the car will either let you + or - from the values until you get to"what the market will bear" You list the car, if you don't get calls then you probably need to lower the price. When the calls come in then you know the car is priced correctly.
You mentioned that someone would pay $13k for a great 92 or a great 86.
All things being equal, why wouldn't you buy the newer technology with the LT1 motor? Unless of course you really want the L98 and old body style -- personally I like the old bodystyle myself but with both cars in equal shape I would pick a 92 over an 86.
Waving back at you :seeya :seeya It's all good
:lol:
I sold a really nice '86 black pacer, relatively high miles but pristene, for high $13's earlier this year. Just took a little patience for a buyer to come along and recognize the value. Had a low-miler listed this Spring, seller wanted to net $16K, and he got that for it on a local sale.
-- personally I like the old bodystyle myself but with both cars in equal shape I would pick a 92 over an 86
I totally agree with you, I would pick the '92 as well, but for me the interior would be the deciding factor. Maybe you're right about NADA, I didn't check them out, I just have a real problem with kbb. That's the dealer's pet...........to cheat people!
From the most recent issue of Corvette Magazine:
A data point that seems reasonable from what I've seen.
1986 Convertible:
Crummy $6000
Decent $8500
Great $10,300
Fabulous $12,500
add 1500 if it's yellow! (The actual Indy pace car was yellow.)
Your description sounds like a "great". BTW, Having it sit for two years may take a little off for some buyers.
Good luck.
Corvette Store
86 Pace Car value??
