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[Z06] Price check 2002 Z

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Old 10-27-2013, 01:32 AM
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metallicarokerx
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Default Price check 2002 Z

The car is at a local dealer. I'm not a big silver fan but I am tempted. Car has 18.6k miles and they are asking 25.9.

What do you think is a good price for the car? Far as I can tell it is stock and in decent shape.
Old 10-27-2013, 02:04 AM
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racebum
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Originally Posted by metallicarokerx
The car is at a local dealer. I'm not a big silver fan but I am tempted. Car has 18.6k miles and they are asking 25.9.

What do you think is a good price for the car? Far as I can tell it is stock and in decent shape.
that's marked up over retail. nada retail is 23,750

print out the paper, make the offer and see what they say
Old 10-27-2013, 05:17 PM
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WannaC5Z
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Yeah I was thinking about $2k less than they are asking which is in line with what he said above.
Old 10-28-2013, 02:38 AM
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metallicarokerx
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I'm going to check it out Tuesday. Do you guys think 22.5 is a fair realistic price?

I am still torn with it being silver.
Old 10-28-2013, 02:50 AM
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racebum
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Originally Posted by metallicarokerx
I'm going to check it out Tuesday. Do you guys think 22.5 is a fair realistic price?

I am still torn with it being silver.
private party yes, a dealer that wants to move it quick yes,

if they don't care i could see them sticking to 23.7
Old 10-28-2013, 05:04 AM
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hmmmm16417
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Originally Posted by metallicarokerx
I'm going to check it out Tuesday. Do you guys think 22.5 is a fair realistic price?

I am still torn with it being silver.
If you're not liking silver, there is a chance that you will just want a different color later. Just wait until you find one that is the color you want.

Then again........Who knows, maybe the silver will grow in you?
Old 10-28-2013, 12:05 PM
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Originally Posted by metallicarokerx
The car is at a local dealer. I'm not a big silver fan but I am tempted. Car has 18.6k miles and they are asking 25.9.

What do you think is a good price for the car? Far as I can tell it is stock and in decent shape.
well.. a 2004 Z06 with only 18k (electron Blue) just sold on here for 22,500... so, yeah, that is high... the C5 market is terrible right now, the Zs are not much better.... hold off, that dealership isnt selling it at that price anythime soon at all, I promise...
Old 10-28-2013, 01:11 PM
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Originally Posted by charlby
well.. a 2004 Z06 with only 18k (electron Blue) just sold on here for 22,500... so, yeah, that is high... the C5 market is terrible right now, the Zs are not much better.... hold off, that dealership isnt selling it at that price anythime soon at all, I promise...
No such animal !!! if its blue its lemans blue and its a z-16 commorative edition car which at $22,500.00 has something wrong with it z-16 are 25-27k all day long right now. if it was a clean no issue 04 z-16 z that's a hell of a deal
And silvers a great color lol
Steve
Old 10-28-2013, 02:19 PM
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charlby
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Originally Posted by machz800ps
No such animal !!! if its blue its lemans blue and its a z-16 commorative edition car which at $22,500.00 has something wrong with it z-16 are 25-27k all day long right now. if it was a clean no issue 04 z-16 z that's a hell of a deal
And silvers a great color lol
Steve
Sorry meant 2003, and it was Steve Dobson (I think that his is last name). He is a moderator/admin on this website...

and he had it for sale for 3 weeks on here..
Old 10-29-2013, 12:59 PM
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Originally Posted by charlby
Sorry meant 2003, and it was Steve Dobson (I think that his is last name). He is a moderator/admin on this website...

and he had it for sale for 3 weeks on here..
Its all good
Old 10-29-2013, 02:47 PM
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LS1 Goat 91
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Just my opinion but 22.5 would be a good deal.
Old 10-29-2013, 03:14 PM
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Originally Posted by charlby
Sorry meant 2003, and it was Steve Dobson (I think that his is last name). He is a moderator/admin on this website...

and he had it for sale for 3 weeks on here..
that was one of the best deals i've seen since i got back into corvettes. that's absolutely what you call priced to move. he sold that car at auction prices

most dealers have no interest in doing this. no money in it for them

it's not so much the c5 market is soft, it's more that the cars have shifted into the 12-18k range. there are a lot of nice driver grade cars, especially 01+ cars that sell in this price range pretty easily. the top end of the c5 market, the low mile $20k+ cars seem to sit longer as you need to find a specific buyer and you're getting into c6 money.

Last edited by racebum; 10-29-2013 at 03:16 PM.
Old 10-29-2013, 03:46 PM
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Originally Posted by racebum
that was one of the best deals i've seen since i got back into corvettes. that's absolutely what you call priced to move. he sold that car at auction prices

most dealers have no interest in doing this. no money in it for them

it's not so much the c5 market is soft, it's more that the cars have shifted into the 12-18k range. there are a lot of nice driver grade cars, especially 01+ cars that sell in this price range pretty easily. the top end of the c5 market, the low mile $20k+ cars seem to sit longer as you need to find a specific buyer and you're getting into c6 money.
good way to put it, the cars have just deprecated. But I will say this, the fact that Steve had his for that low of a price for so long does prove how soft the market is right now.
Old 10-29-2013, 04:20 PM
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02blackLS6
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I honestly think it depends on your specific area of the country. $23k-$25k is a very reasonable dealer price, to me.
Nearly all of the Z's I looked at in CA were $2k to $3k higher than the rest of the country (same years, mileage, condition).

Last edited by 02blackLS6; 10-29-2013 at 04:25 PM.
Old 10-29-2013, 04:26 PM
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Originally Posted by charlby
good way to put it, the cars have just deprecated. But I will say this, the fact that Steve had his for that low of a price for so long does prove how soft the market is right now.
the actual guide for depreciation is at manheim and what dealers are paying for cars

c5 z06s and verts have actually moved a few hundred higher in most every case since jan 1 of this year. the only cars that are under pressure are the 97-00 cars and high mileage auto coupes of all years.

lot of things go into the speed a car sells. the c5 is somewhat of a niche car as it is so they tend to be harder to sell than say a wrx that can be an all purpose car that appeals to a broad audience.

we have a few dealers on the forum that have posted closes from time to time. you can also check ebay completed. keep in mind these may not be mint cars, may have issues and you really don't know what will need to be repaired. it's not uncommon at all for a dealer to have to drop a grand into an auction purchase
Old 10-29-2013, 07:32 PM
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metallicarokerx
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Well drove the car and loved it. Car had some problems such as the windshield was replaced and they did a terrible job. The weather stripping was also very nasty. Dealer said he would not budge on the price.

I told him I would do 22 and to call me if they would accept it.
Old 10-29-2013, 08:05 PM
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Originally Posted by metallicarokerx
Well drove the car and loved it. Car had some problems such as the windshield was replaced and they did a terrible job. The weather stripping was also very nasty. Dealer said he would not budge on the price.

I told him I would do 22 and to call me if they would accept it.
something is weird about that. i have a 90k mile 2002 and my weatherstripping is perfect

did the car sit outside a lot?

sounds like you made a fair offer. that weatherstrip and a new window aren't cheap

dealer is nuts asking above retail for a car that needs repairs

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Old 10-29-2013, 08:23 PM
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LS1 Goat 91
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When I was looking for a Z, I found that dealers didn't want to budge. I talked to probably four or five. All the Zs had less than 40k miles. One was 25,500 with 25,000 miles (which I know sold), one was 24,900 with almost 40k (sold), one was 24900 with around 30k (was in subpar condition, not sure if they sold or wholesaled). I ended up buying one in the color combo I wanted for 24,500 otd.. Definitely paid a little more than what I could have with a private seller, but there weren't any private deals local that I was really interested in.
Old 10-30-2013, 03:08 AM
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metallicarokerx
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One thing I noticed was when I got second the rear end slid out pretty quick and the car was stock. I know that they put a dressing on the tires and I'm wondering if the car has traction problems that bad stock, or if they maybe just went heavy on the dressing and got it on the tread.I'm thinking the later is more likely.
Old 10-30-2013, 03:34 AM
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hmmmm16417
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Originally Posted by metallicarokerx
One thing I noticed was when I got second the rear end slid out pretty quick and the car was stock. I know that they put a dressing on the tires and I'm wondering if the car has traction problems that bad stock, or if they maybe just went heavy on the dressing and got it on the tread.I'm thinking the later is more likely.
Very easily done in a stock z.....



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