Buying a Vette
04-24-2013, 02:05 PM
#41
Race Director
Where did you hear $72,000 MSRP on a C7?
A base C6 Coupe is MSRP $49,600 right now. Everything I've read projects the C7 to be roughly the same when launched. I don't believe Chevy has ever raised MSRP on a vette significantly with the introduction of a new generation. In fact, IIRC when the C5 debuted the MSRP was was $1,500 to $2,000 less than a 1996 C4.
A base C6 Coupe is MSRP $49,600 right now. Everything I've read projects the C7 to be roughly the same when launched. I don't believe Chevy has ever raised MSRP on a vette significantly with the introduction of a new generation. In fact, IIRC when the C5 debuted the MSRP was was $1,500 to $2,000 less than a 1996 C4.
http://www.corvette7.com/forums/showthread.php?t=284025
where msrp is quoted at 71,800
even low estimates have it in the 60s
cars selling this high aren't going to have any effect on the c5 or base c6 coupe.
they might however hammer c6 grandsports
04-24-2013, 02:07 PM
#42
Race Director
I started reading some of the replies to this thread and thought I was in the Twilight Zone. I understand not digging the C6. I'm on my 3rd C5 for a reason.
However. In 2007, I bought an absolutely perfect 2004 MSG coupe. Fully loaded, 6-Speed, Garage queen, 19,000 miles. I bought it October 31st, and I paid $22,500. From a leading Corvette dealer in Chicago.
Now. Here we are 6 years later. And we're talking about cars that are 3 and 4 years older than that one, and people want to give $25,000 for it? It's nuts.
However. In 2007, I bought an absolutely perfect 2004 MSG coupe. Fully loaded, 6-Speed, Garage queen, 19,000 miles. I bought it October 31st, and I paid $22,500. From a leading Corvette dealer in Chicago.
Now. Here we are 6 years later. And we're talking about cars that are 3 and 4 years older than that one, and people want to give $25,000 for it? It's nuts.
then i looked at dealer auctions and saw support was actually there, not at crazy high prices but mid to high teens were not uncommon for decent c5's
the hottest cars are the late model verts and z06's
04-24-2013, 02:56 PM
#43
Melting Slicks
Let me see, The C3 MSRP was 6200 dollars, the Chevrolet Corvette C4 (1984); Also known as: L83, Sixth-Generation. ... Corvette C4 (1984 - 1996);... The base price was set at $21,800. and increase of 15500 over the C3 ...... the C5 was 39000 dollars, an increase of 17000 over the C4. in just 2 generations an increase of 32,000 dollars .... and you say there no significant increase. The C7 will come in at 69,000 to 72000. You are confusing the last year of a generation with the first year of a new generation. There are 7 to 12 years of increases within a given generation.
Let's look at some real math:
1984 C4 MSRP of $21,800:
Adjusted for inflation $21,800 in 1984 equals $47,430 today.
1997 C5 MSRP of $37,400:
Adjusted for inflation $37,400 in 1997 equals $53,151 today.
2005 C6 MSRP of $44,250:
Adjusted for inflation $44,240 in 205 equals $51,454 today
The cost of the Corvette has not increased substantially over the past 30 years. It's adjusted to keep up with cost of living and inflation.
The base model C7 should come in at $50,000 - $55,000. That has been Corvette's pricing model for 30 years.
The C5 will also follow another Corvette trend of the past 30 years - heavy depreciation. It's a mass produced car in a market which is heavily influenced by the most modern styling and technology. It's pricing will go the way of C3's and C4's before it as will the C6 and C7 in years to come.
04-24-2013, 09:19 PM
#45
Hi i have 2001 yellow six speed coupe with 53k. 3 owner and great shape. upgraded pioneer double din nav unit from dennis at double d mods B&B exhaust. if your interested pm me to talk. looking to buy a z06.
04-25-2013, 02:39 AM
#46
Melting Slicks
For kicks I checked the local Craigslist here in Vegas. Here's the asking prices for C5's:
1997 - $17,900 Silver Coupe, 6 speed loaded 32,000 miles Immaculate 1 owner
1998 - $13,500 White Coupe, 6 speed 120,000 miles, some mods, NOS
1998 - $14,000 White Coupe, 6 speed, 37,700 miles immaculate bone stock
1998 - $15,750 White 'vert, Auto, 91,000 miles all stock very clean always garaged
1999 - $13,000 Black Coupe 6 speed, 68,000 miles 1 lady owner new tires
1999 - $9500 Black Coupe Auto 149,000 miles never abused adult owned
2000 - $13,495 Maroon Coupe, Auto, 85,000 miles bone stock (dealer)
2000 - $15,991 Silver Coupe, Auto, 67,000 miles (Toyota Dealer)
2001 - $14,900 Silver Coupe, Auto, 87,000 miles, loaded, clean
2002 - $14,989 Yellow Coupe, Auto, 105,000 miles, clean, loaded (dealer)
2003 - $14,995 Pewter Coupe, Auto, 110,000 miles (dealer)
2004 - $17,900 Black Coupe, 6 speed, 74,000 miles loaded, clean
2004 - $18,995 Royal Blue Coupe, Auto, 100,000 miles, (dealer)
1997 - $17,900 Silver Coupe, 6 speed loaded 32,000 miles Immaculate 1 owner
1998 - $13,500 White Coupe, 6 speed 120,000 miles, some mods, NOS
1998 - $14,000 White Coupe, 6 speed, 37,700 miles immaculate bone stock
1998 - $15,750 White 'vert, Auto, 91,000 miles all stock very clean always garaged
1999 - $13,000 Black Coupe 6 speed, 68,000 miles 1 lady owner new tires
1999 - $9500 Black Coupe Auto 149,000 miles never abused adult owned
2000 - $13,495 Maroon Coupe, Auto, 85,000 miles bone stock (dealer)
2000 - $15,991 Silver Coupe, Auto, 67,000 miles (Toyota Dealer)
2001 - $14,900 Silver Coupe, Auto, 87,000 miles, loaded, clean
2002 - $14,989 Yellow Coupe, Auto, 105,000 miles, clean, loaded (dealer)
2003 - $14,995 Pewter Coupe, Auto, 110,000 miles (dealer)
2004 - $17,900 Black Coupe, 6 speed, 74,000 miles loaded, clean
2004 - $18,995 Royal Blue Coupe, Auto, 100,000 miles, (dealer)
04-26-2013, 01:14 PM
#47
Heel & Toe
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Purchased a 2001 coupe 94k loaded super clean for about $16k OTD. Very happy, it has a Borla exhaust, X pipe, and Vara'Ram intake. It only has two tail pipes.
I am now considering the warranty, from $800 to $2300. Seams like cheap insurance but I usually do my own work. The engine is smooth. There maybe a pulley issue somewhere on the main belt, Maybe a bit of rear end whine, Active Handeling Light has to be reset a lot. Well, I have only driven about 150 miles seems solid but I know parts are expensive for these. I do not usually buy these warranties. This one is from Mecury.
I am now considering the warranty, from $800 to $2300. Seams like cheap insurance but I usually do my own work. The engine is smooth. There maybe a pulley issue somewhere on the main belt, Maybe a bit of rear end whine, Active Handeling Light has to be reset a lot. Well, I have only driven about 150 miles seems solid but I know parts are expensive for these. I do not usually buy these warranties. This one is from Mecury.
04-26-2013, 01:23 PM
#48
Race Director
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St. Jude Donor '12-'13-'14
In my opinion the after market warranties suck, I bought one years ago and there were a lot of items not covered and was told it was bumper to bumper, You have to read the fine print, I had a couple of sensors that went out and they were not covered.
04-26-2013, 01:42 PM
#49
Race Director
nice to see since there was so much talk of 70k
grand sports are just going to get pummeled