Selling my 2007 C6 low mileage...how much should I expect?
#1
Selling my 2007 C6 low mileage...how much should I expect?
Standard C6 Coupe with only 8000 miles on it...extremely well taken care of. No real enhancements other than Automatic Transmission. Checked out KBB and Edmunds...their price varies dramatically. What is a fair price that I can expect to get before I post on autotrader and for sale forum?
As indicated in a previous thread...new father = no corvette
Thanks!
As indicated in a previous thread...new father = no corvette
Thanks!
#2
I'd say $27,000 plus for sure. I feel ya bro. GF told me she was pg too! (stupid IUD didn't work) I'm not selling my toys thou hell NO. Actually close to hitting 40 I might upgrade to a Z06. Cheaper that cheating with a younger woman for sure.
#3
Team Owner
1 LT,2LT,3LT? Brand new (2013) coupes,automatic WERE SOMETHING LIKE 40 GRAND at the end of the c6 run.I'd say 27 grand is about tops for yours if you get a guy who knows Corvettes and pricing..if not,maybe 30 grand,but that's a stretch.I bought an 08 with 8000 miles on it for 32 a couple of years ago.
#4
Le Mans Master
Well I think the Edmunds is normally low and KBB is a little high normally, so somewhere in the middle. 28-30K tops
#5
Team Owner
Member Since: Mar 2014
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I just bought a bone-stock '07, 23k miles, 3LT, chrome wheels, smoked roof panel, magnetic ride control, brand new Michelin run flats, premium Monterrey Red paint, A6, not a scratch on it, looks brand new inside, outside, under the hood, original sticker 57k, I paid 31k and change (from a dealer).
I absolutely love this car, couldn't be happier.
It's freakin' pornographic, lol. Attachment 48363860
I absolutely love this car, couldn't be happier.
It's freakin' pornographic, lol. Attachment 48363860
#6
1 LT,2LT,3LT? Brand new (2013) coupes,automatic WERE SOMETHING LIKE 40 GRAND at the end of the c6 run.I'd say 27 grand is about tops for yours if you get a guy who knows Corvettes and pricing..if not,maybe 30 grand,but that's a stretch.I bought an 08 with 8000 miles on it for 32 a couple of years ago.
#7
Drifting
You should have taken the $27K. Corvette DNA list price as $26,512.50 and that is with excellent condition.
#10
Depends on how long you want to wait, and how many phone calls you wish to endure.
Here are dealer auction prices for the last 30 days on a 2007 Corvette 2D coupe.
Above: $31,300 @ 21,000 miles
Average: $26,300 @ 41,000 miles
Below: $21,900 @ 62,000 miles
Total sold: 27
One of the 27 cars sold was a Monterey Red auto with 6000 miles. It sold for $32,500
This is what dealers are paying each other for these cars. I wouldn't take less than the above market value due to the low mileage.
Here are dealer auction prices for the last 30 days on a 2007 Corvette 2D coupe.
Above: $31,300 @ 21,000 miles
Average: $26,300 @ 41,000 miles
Below: $21,900 @ 62,000 miles
Total sold: 27
One of the 27 cars sold was a Monterey Red auto with 6000 miles. It sold for $32,500
This is what dealers are paying each other for these cars. I wouldn't take less than the above market value due to the low mileage.
#11
I'll bring it into the dealer in the next few days and ask them what they would pay for it, and to see if they would still pay $27000 for it. Will keep you all posted. Thanks again for all the input!
Oh one last thing, do you think it is worth it to go to different dealers to see what they would pay for it? Or do they all have the same price?
Oh one last thing, do you think it is worth it to go to different dealers to see what they would pay for it? Or do they all have the same price?
Last edited by c6wantedNOW; 05-26-2014 at 08:26 PM. Reason: add question
#12
Drifting
Depends on how long you want to wait, and how many phone calls you wish to endure.
Here are dealer auction prices for the last 30 days on a 2007 Corvette 2D coupe.
Above: $31,300 @ 21,000 miles
Average: $26,300 @ 41,000 miles
Below: $21,900 @ 62,000 miles
Total sold: 27
One of the 27 cars sold was a Monterey Red auto with 6000 miles. It sold for $32,500
This is what dealers are paying each other for these cars. I wouldn't take less than the above market value due to the low mileage.
Here are dealer auction prices for the last 30 days on a 2007 Corvette 2D coupe.
Above: $31,300 @ 21,000 miles
Average: $26,300 @ 41,000 miles
Below: $21,900 @ 62,000 miles
Total sold: 27
One of the 27 cars sold was a Monterey Red auto with 6000 miles. It sold for $32,500
This is what dealers are paying each other for these cars. I wouldn't take less than the above market value due to the low mileage.
#13
Depends on how long you want to wait, and how many phone calls you wish to endure.
Here are dealer auction prices for the last 30 days on a 2007 Corvette 2D coupe.
Above: $31,300 @ 21,000 miles
Average: $26,300 @ 41,000 miles
Below: $21,900 @ 62,000 miles
Total sold: 27
One of the 27 cars sold was a Monterey Red auto with 6000 miles. It sold for $32,500
This is what dealers are paying each other for these cars. I wouldn't take less than the above market value due to the low mileage.
Here are dealer auction prices for the last 30 days on a 2007 Corvette 2D coupe.
Above: $31,300 @ 21,000 miles
Average: $26,300 @ 41,000 miles
Below: $21,900 @ 62,000 miles
Total sold: 27
One of the 27 cars sold was a Monterey Red auto with 6000 miles. It sold for $32,500
This is what dealers are paying each other for these cars. I wouldn't take less than the above market value due to the low mileage.
This is an interesting idea...ugh...the closest one is 23 miles away. I hope they don't charge me for the evaluation.
#14
Different dealers will pay different amounts, but the amount of difference will depend on many factors. The faster a dealer thinks they can turn the car, the more they are *willing* to pay (they may not offer you max amount right off the top). They will look up those Manhiem numbers I listed. If they can buy the car for 2-4 grand less than auction value, they should be able to let it sit on the lot a couple months, and if it doesn't sell, unload it on auction and not take a hit.
You still have a few months of corvette sales season. You shouldn't need to rush to get it sold @ $27,000. At that price it should fly out of your garage!
You still have a few months of corvette sales season. You shouldn't need to rush to get it sold @ $27,000. At that price it should fly out of your garage!
#15
If your willing to take a month or two to sell it (not to say it wont sell in two weeks), then yea, I would think there is a very high chance you could get ~$32,000, as long as you keep it listed on a national level (here, Ebay, Auto trader, ect.). The Vette is a seasonal car for most of the country, May, June, and July are the months to sell. They will start going back down around August as dealers will start the push to get them off their lot.
#16
It's only worth what someone is willing to pay. A lot of people may "want" the car, but it's not sold when you get the money. I had a new 2012 1lt in Dec 2012. List was $54K. Sold it after 4 months and 1000 miles for $35K. Got offers of $25k up to $30K. Low ballers just trying to get a car to resell. Money talks. Look around this forum and you will see nice cars with a decent price and not one single response. The longer you hold the car, the more insurance and tax (tag) you will pay. $27K, if they have the money, sold.
#17
Just purchased a black 2007 coupe with 4,100 miles. 3LT trim, auto, two-tone interior, Z51, and Nav for $35k. Car looks and runs brand new.
#18
Safety Car
Ask $32,000 or best offer. You can get $30k for it if you're patient. There's someone willing to buy at asking price, and if not, they "talk you down" to $30,000 and feel like they saved a couple grand, all the while you've made some extra dough.
#19
Melting Slicks
They are the best buyers for low mileage stock corvettes. I know two guys that after trying to sell their vettes for a couple of months ended up getting more from CarMax than the highest offer they had received.
Had a friend buy his 2007 LMB 3LT Z51 loaded coupe nearly 3 years ago with 7,700 miles on it and he paid $27k.
Edmunds is by far the most realistic, current and comprehensive of all the valuation sites. The vettes that I have bought and sold in the last few years were all bought and sold based on Edmunds values. The last one was my 2007 convert with every option and 2,700 miles, bought it for the Edmunds trade in value from the original owner.
#20
Team Owner
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Location: Northern, VA
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St. Jude Donor '15
"In honor of jpee"
Buying a car is a game for many in the biz, and they know it far better than the general public. All the above advice is great, but the best parts are: it's only worth what someone will pay at that moment; the price or "value" differs from dealer to dealer, individual to individual; many values are based on auction prices in the area, or even nationally; and finally, patience and endurance on your part is the key factor---you are at the beginning of the season, so most would agree you have the time to wait and see.
Just remember that sometimes a dollar now is worth a few dollars more later on especially if later on the dollars are less, which it can always become (it's only worth what someone will pay at that moment). And finally, if you look back at the msrp of your car, it sounds to me as if it is what is called a "base" model with a couple of options (auto trans, tinted paint). The low miles are a plus, the low options to individual buyers (the eventual buyers after dealers purchase them) are not.
If you don't want tire kickers, stay with dealers only, independent used car dealers, or those attached to any new car dealerships. You sound reluctant to go 23 miles to a CarMax which leads me to guess you won't be able to endure much in the way of time spent/energy expended to get top dollar from owner/buyers (individuals). CarMax does not charge for evaluations and their written offers used to be good for 3-7 days (can't recall which).
Good luck with the sale!
Just remember that sometimes a dollar now is worth a few dollars more later on especially if later on the dollars are less, which it can always become (it's only worth what someone will pay at that moment). And finally, if you look back at the msrp of your car, it sounds to me as if it is what is called a "base" model with a couple of options (auto trans, tinted paint). The low miles are a plus, the low options to individual buyers (the eventual buyers after dealers purchase them) are not.
If you don't want tire kickers, stay with dealers only, independent used car dealers, or those attached to any new car dealerships. You sound reluctant to go 23 miles to a CarMax which leads me to guess you won't be able to endure much in the way of time spent/energy expended to get top dollar from owner/buyers (individuals). CarMax does not charge for evaluations and their written offers used to be good for 3-7 days (can't recall which).
Good luck with the sale!