Is this C5 too good to be true?
#1
Is this C5 too good to be true?
I'm wondering if the condition, mileage and price are too perfect? I appreciate your sound advice.
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Tusc (01-14-2023)
#2
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In today's market it seems underpriced, but other than that, sounds like a really nice car. There are quite a few garage queen Corvettes out there that are in mint or near mint shape with low miles.
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#3
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St. Jude Donor '20-'21-'22-'23
Seems like a reasonable price for a car that will likely need some care from not being driven. Go for it - they're fun.
#4
Le Mans Master
Pro Mechanic
Looks like a decent price on a really nice, low mileage C5. I would try to get the owner on the phone to discuss his car. Usually you can tell fairly quickly if this is a real deal car at a good price or a scam in the making...
Let us know if you buy it (with pics, of course)!
Let us know if you buy it (with pics, of course)!
#5
Instructor
We bought a 2000 vert with 19k miles last year. Car has been perfect since we bought it, but I poured through the history of the car. You’ll probably need to spend a little money on it . For instance ours still had the original tires on it! The kid that checked me in for the tire swap informed me he was 6 months old when tire was made 😜
Good luck! They are fun cars!
Good luck! They are fun cars!
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#6
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St. Jude Donor '03 thru '24
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Corvettes are a special case, most of them have either super low or super high miles. But this seems to be real, I bought my 03 last year with only 10K miles on it when I roda tested it, so their out there, but you must insist on yourself to look and gauge it as if it had 50K miles on it. And most important, make sure the Torque-tube isn't getting ready to die. Get it out up to temp and speed and hit the gas pedal. If the TT is going bad, you'll feel a strong vibration, and a high pitched noise. The only way out of a TT is the $4500.00 it costs to put in a new one !
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pdx-vette (01-13-2023)
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It's certainly a good deal, but not in the too good to be true realm. You'll want to get a pre-purchase inspection done on ANY C5 Corvette before you buy it. If the seller isn't okay with that, walk away. If the seller is legit, they shouldn't have any issue with you wanting to have a mechanic look at the car. Also, be aware that C5's like this tend to have certain issues because they haven't really been driven. Check the date code on the tires. It doesn't matter how good the tread looks. If the tires are over 6 years old, they need to be replaced. Check out all the other rubber parts on the car as well. You'll probably want to swap out all of the fluids as well (unless the owner has records showing this was done recently). If everything checks out with a mechanic, that's a great deal for a great car. Let us know how it turns out. Good luck!
Last edited by MWWarlord; 01-13-2023 at 11:18 AM. Reason: corrected typo
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#9
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#11
This is not me, these cars that sat like this one will show its defects after driving it 6-7 months to a yr with both electrical and mechanical issues. But mostly electrical. Or u get lucky and have a nice. car. This is not me, the tech page is where i see this all the time. not trying to scare u , the facts. Everybody looks at the advertising which this one is completely awesome.
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#12
I agree, it seems like most on this forum love undriven super low milage cars, me on the other hand would easily spend half that money on a car that has been driven with 100k miles on it, because most of the problems that are associated with these cars are usually addressed, just me, but I agree it seems like a good deal on that car,
I’m with you
I paid 11k for my C5 with 89k on the clock at the time.
I wrench on my cars so a torque tube rebuild is $500 worth of parts. If it’s a $4500 repair to have done then I’ll just stay quiet as not to offend anyone.
I’m still under 20k and have added new F14 forgestars
Heads, Cam, Lifters, Timing chain, Oil pump, Long Tubes, C6 Z06 shocks , New Corbeau seats. Knight Drive headlights, LG tunnel plate, Torque tube rebuild, 390 Gear, 3000 stall lock up converter and later this weekend I should have my ATS Brembo/C6 Z06 brake setup done. I’m sure I’ve missed something .
Cosmetics could be better. The outside hasn’t faded but it’s got a fair amount of rock chips and the drivers side 1/4 was brushed against and needs some paint.
I bought mine to take to the mountains and drive it like a Turo rental. Let’s be honest a C5 ( even a z06) isn’t a rare collectors car. Life is to short not to use every mile they have in them.
I respect that others may be more intrested in car shows etc.
That red car could be a great deal for someone that just wants a clean ride and maybe some mods.
Excluding transmission internals and possibly the head/cam the rest of the car isn’t difficult to work on with basic tools and some jackstands. I’m 47 so I’ve cheated and bough a quick jack.
Good luck OP. I think that’s a solid looking deal if you’re not going to go crazy with mods. If you buy it then go lap some miles on it.
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#13
Moderator
I agree, it seems like most on this forum love undriven super low milage cars, me on the other hand would easily spend half that money on a car that has been driven with 100k miles on it, because most of the problems that are associated with these cars are usually addressed, just me, but I agree it seems like a good deal on that car,
You could also get someone that drove it for 20k miles like an animal, but odds are greater on the 100k car. All else being equal, I'd go with the newer/lower milage car.
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pdx-vette (01-13-2023)
#14
Even a car with 100k miles was only driven a few thousand miles a year, when you buy a car you need to do your research and have a little common sense, a car that has sat most of its life probably didn't have any of the known issues addressed, a car that has 100k and only had one or two owners and has all documents on repairs is worth more to some than a garage ornament......
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#15
Melting Slicks
I'd scoop that with both hands. I bought mine with 78k on it. It already had long tubes, an X-pipe, and a Corsa cat-back. That's about 3k in mods I would have done but don't have to. The column lock had already been done among other natty little things. They didn't fix the seat rock. Dang it.
When I bought it the pass window wouldn't work. I negotiated $300 off the purchase to get it fixed. It had been sitting? Off with the door card and tapped the motor. It came to life.
You should scoop this or wait another year. Prices are falling and will be lower once the depression kicks in. Who needs a sports car in a depression? I do.
When I bought it the pass window wouldn't work. I negotiated $300 off the purchase to get it fixed. It had been sitting? Off with the door card and tapped the motor. It came to life.
You should scoop this or wait another year. Prices are falling and will be lower once the depression kicks in. Who needs a sports car in a depression? I do.
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#16
Moderator
Even a car with 100k miles was only driven a few thousand miles a year, when you buy a car you need to do your research and have a little common sense, a car that has sat most of its life probably didn't have any of the known issues addressed, a car that has 100k and only had one or two owners and has all documents on repairs is worth more to some than a garage ornament......
Like I said, given a prefrence, and all other things being equal, and after I do my due dilligence, I'd lean towards a newer car with fewer miles.
Maybe the car with 100k miles was properly taken care of. Maybe they addressed all the issues. But maybe not. like I said, maybe it was beat to hell. You never know. How do you know it was only driven a few thousand miles a year? maybe it sat for years with the first owner, and the second owner drove the **** out of it. I don't see how you can draw any inferenes based on the miles driven, unless you know the owners.
And before this spins into a debate on something I'm not debating -- I'd happily buy an older car with more miles, if it passed my inspection and dilligence. But if I had two cars, both equal, both satisfied my insepection, they were both otherwise identical, only one had fewer miles and the other more miles, and that was the only differnece, and price wasn't a factor, I'd scoop of the former any day of the week.
But hey, get what you want, right?
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pdx-vette (01-13-2023)
#18
This is not me, these cars that sat like this one will show its defects after driving it 6-7 months to a yr with both electrical and mechanical issues. But mostly electrical. Or u get lucky and have a nice. car. This is not me, the tech page is where i see this all the time. not trying to scare u , the facts. Everybody looks at the advertising which this one is completely awesome.
The bull crap about low mile cars having issues is tiresome.
That’s a great price if it’s not a scam. Buy it and drive the wheels off it.
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pdx-vette (01-13-2023)
#19
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I’m with you
I paid 11k for my C5 with 89k on the clock at the time.
I wrench on my cars so a torque tube rebuild is $500 worth of parts. If it’s a $4500 repair to have done then I’ll just stay quiet as not to offend anyone.
I’m still under 20k and have added new F14 forgestars
Heads, Cam, Lifters, Timing chain, Oil pump, Long Tubes, C6 Z06 shocks , New Corbeau seats. Knight Drive headlights, LG tunnel plate, Torque tube rebuild, 390 Gear, 3000 stall lock up converter and later this weekend I should have my ATS Brembo/C6 Z06 brake setup done. I’m sure I’ve missed something .
Cosmetics could be better. The outside hasn’t faded but it’s got a fair amount of rock chips and the drivers side 1/4 was brushed against and needs some paint.
I bought mine to take to the mountains and drive it like a Turo rental. Let’s be honest a C5 ( even a z06) isn’t a rare collectors car. Life is to short not to use every mile they have in them.
I respect that others may be more intrested in car shows etc.
That red car could be a great deal for someone that just wants a clean ride and maybe some mods.
Excluding transmission internals and possibly the head/cam the rest of the car isn’t difficult to work on with basic tools and some jackstands. I’m 47 so I’ve cheated and bough a quick jack.
Good luck OP. I think that’s a solid looking deal if you’re not going to go crazy with mods. If you buy it then go lap some miles on it.
I paid 11k for my C5 with 89k on the clock at the time.
I wrench on my cars so a torque tube rebuild is $500 worth of parts. If it’s a $4500 repair to have done then I’ll just stay quiet as not to offend anyone.
I’m still under 20k and have added new F14 forgestars
Heads, Cam, Lifters, Timing chain, Oil pump, Long Tubes, C6 Z06 shocks , New Corbeau seats. Knight Drive headlights, LG tunnel plate, Torque tube rebuild, 390 Gear, 3000 stall lock up converter and later this weekend I should have my ATS Brembo/C6 Z06 brake setup done. I’m sure I’ve missed something .
Cosmetics could be better. The outside hasn’t faded but it’s got a fair amount of rock chips and the drivers side 1/4 was brushed against and needs some paint.
I bought mine to take to the mountains and drive it like a Turo rental. Let’s be honest a C5 ( even a z06) isn’t a rare collectors car. Life is to short not to use every mile they have in them.
I respect that others may be more intrested in car shows etc.
That red car could be a great deal for someone that just wants a clean ride and maybe some mods.
Excluding transmission internals and possibly the head/cam the rest of the car isn’t difficult to work on with basic tools and some jackstands. I’m 47 so I’ve cheated and bough a quick jack.
Good luck OP. I think that’s a solid looking deal if you’re not going to go crazy with mods. If you buy it then go lap some miles on it.
#20
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A car like that is a great find since the paint and interior are like new and the mechanicals and electronics are unmolested. There is a good chance it will need tires, harmonic balance, belts, pulleys and fluids but any used car you buy may need those things as well.
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