brandyspaw

Is a 50th anniversary edition (Anniversary Red/Shale interior) convertible thats in exceptional condition and still low miles (in the 8,000 to 12,000 miles range) still worth $30,000?

I'm asking in reference to purchasing one. There seem to be more than a few of them for sale but the asking prices seem to be above the $30K mark these days.

I know these cars aren't all that rare as about half of the 2003
convertibles were this color. Are these cars still bringing that and more or is that just everyones starting price?

momo20

with those miles and the buyer needs it I would say buy it ..its a bit high 23k to 26k on the high side...I guess it depends on what you plan to do with the car ..

Vetteman Jack

At least for me, that particular car is not worth $30K. I could see $25K, maybe $26K but I wouldn't go any higher.

1SC

I would say... Probably.
A couple years ago when I bought mine they were that kind of money. It seems like prices fell for a while but are coming back a little. There weren't that many 'special' editions in C5 and that was a very cool color. I may have spent more than I should, but I really wanted it and the previous owner was just super at care.
If you love it - get it.

nitemaher

I just purchased a coupe and I paid well less than 30 but mine is a coupe not a vert and like someone said if you love it get as long as it doesnt break your bank .

cylon

I bought one at home in Canada 3 weeks ago, 24k, Anniversary Red and tan interior with the champagne wheels.

less than 18k miles, 24,000, paint is excellent

killain

When I bought mine back in 2003, I paid $5K for the 1SC package. looking back now, $5.000 was a lot of money for embroidered headrest and badges and special paint. But I, like you fell in love with the car the moment I saw it. Now ten years later I'm toying with the idea of selling it for a 60th. Anniversary convertible ?

FormerlyFiero

I'd say it's a little high, more like 24-25K. I probably paid too much for mine a year ago with 56K miles at $25K. 2 owner with a folder full of service records and clean carfax for what that's worth. I almost had to buy it, I'd already drooled all over the paint I recently saw one in a Portland Oregon area dealers lot with a $30K asking price, it's been there for at least a month.

If you like it, buy it. Get used to people asking "what color is that", or "is that a custom paint job?"

65GGvert

I sold mine with 19K miles this spring for $27K with Corsa's and a few cosmetic extras.

brandyspaw

Thanks for all the feedback. I hadn't price them for a while and was a little suprised that most sellers were pricing them so high. In fact, I had a neighbor who sold his super low mileage convertible several years ago and only got $30K back then.

But then I've noticed that C5 prices have been climbing a bit IF the cars are super nice and low miles.

oldschoolvette

I paid 25 for mine 6 months ago, its 66K miles but well maintained. The car has a lot of mods but the 30K figure does seem high

Phanni

I personally know of two that sold at dealers for $27,000 recently. Less than 20,000 mi.

machfive98

I agree, the prices are way too high. I also am looking for an 03 AE convertible. As long as people keep paying those high prices... The asking prices will remain high. The value of the vehicle is only what someone is willing to pay for it and I'm not willing to pay $30,000 for a vette that I feel should be much less. I just turned down an AE with 14 thousand miles at $25,500 because the car fax stated it had been in a front end accident (salesman described as a minor accident but could give no other details).

I guess I'll just keep looking until I find the one I want at the price I want to pay. Since I'm not in my twenties, I have the willpower to wait for the right car to come along at a lower price.

Heavy Hauler

on friday we just paid 30k for a 7k mile m6 vert. we have been looking for a few months & what "I" found is a 30k mile car will cost you about 25k or a tad more.

Sonny71

I bought my convert a year and a half ago for $24,500. It had 24,000 miles on it and needed new tires. If you are going to put on run flats figure another $15 - 1600 and adjust your price accordingly. Good luck with your search.

3GenVettes

No, those prices are not too high for low mileage 50th AE verts. It was a premium car when sold new and remains a premium car today. We had his and her 50th AEs, and the only reason I gave mine up was for the 427 Convertible with the 60th Anniv. package. They still sale for strong dollars.

1SC

A vert showed up in our local paper 17K miles for $32,000.
Now he probably won't get that and is hoping for $30K or so.
Good Luck!

racebum

it's all about condition. there are some low mileage dogs out there as well that were left outside or did all city and track driving

also some really clean high mile cars the owners used for interstate travel and babied

personally speaking i would never buy a c5 without seeing it in person or having a bunch of pics and a known reputable seller. too many potential issues can be hidden online

as for the 50th. there have been 100k mile driver grade verts sell around 20k, so, if you find a like new one you're probably going to be paying a bit more

brandyspaw

Well, I was asking the question because I was trying to find out if these cars were really changing hands at $30K and even if thats a reasonable amount to have to pay for one.

I'm not in my twenties anymore either. However, being in my sixties I'm not really sure I want to wait around forever looking for a super deal on one. One things for sure, its certainly interesting the different perspectives people have on these cars.

Again, thanks for everyone's input as its all really helpfull.