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[Z06] What should I realistically pay for a Z06?

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Old 11-07-2013, 02:10 AM
  #21  
LUV2SPD
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I got A GOOD DEAL On a CLEAN RON FELLOWS EDITON Z WITH NAVI , 19k miles @ 43k. Very clean .# 377
Old 11-07-2013, 12:35 PM
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93Polo
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Originally Posted by ibleedgreen
Realistically you are WAY low on what the Z06 is worth. Ah yes the 2014 C7 is out the prices must be falling like a rock...Nope.
Of course year, mileage and condition are going to play a roll in any deal you find.
My 2008 is still listed at $48-51 on the blue book sites. Could I get that? Probably not, but it won't sell for $40k either. Probably the $44-46k range, but I have low miles and a rare/desirable color.
I recommend hunting the 2006 maybe a 2007. My buddy just let is 2007 go for $43k with 20k miles, tasteful mods and the head fix done.
Good luck.
It generally takes about 2 years for the market to reflect real decline in the outgoing generation Corvette, especially on the performance version.
Old 11-07-2013, 03:08 PM
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Bruce954
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NOBODY uses NADA or blue book values to dictate a cars actual value. A bank or credit union might to determine loan value.

Manheim and black book are closer to the actual market value of a car. Dealerships skew the market for their own price gouging purposes, and frankly rip people off.

Originally Posted by JwT
Some credit unions are offering 3% loans on used cars and you would have the cash just in case something (and it will) breaks.
Actually some are ~1.99% right now.

Last edited by Bruce954; 11-07-2013 at 03:12 PM.
Old 11-07-2013, 06:03 PM
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Mark2009
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Originally Posted by Bruce954
NOBODY uses NADA or blue book values to dictate a cars actual value. [...]
They buyer and seller dictate a car's actual value. When I was shopping for a C6 Z06 about a year ago they were selling very close to NADA Clean Trade In. Not asking, not offering, but selling. Therefore I figured that particular book value to be a good barometer of what a car would sell for.

If a motivated buyer was involved, they would tend sell for a bit more than that (usually at a dealer).

If a motivated seller was involved, they would tend to sell for a bit less than that.

When a relative had a car totaled by a collision involving another driver, that driver's insurance company used NADA to dictate the actual value of my relative's car (the amount of the check they wrote).

YMMV.
Old 11-07-2013, 07:54 PM
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Mregor
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Prices are all over the map. There doesn't seem to be any standard at all. I saw one dealer with an '08 3LZ with18K miles list for $45 and others with a 1LZ and 30K miles list for $52. No rhyme or reason.
Old 11-07-2013, 08:33 PM
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Mark2009
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Asking prices, not selling prices.

When a buyer shows up, you can always adjust the price down. Up, not so much

Of course some buyers, such as myself, won't even approach an overpriced car. But on a dealer's lot, they'll eventually snag someone.
Old 11-07-2013, 09:20 PM
  #27  
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Originally Posted by Mark200X
Asking prices, not selling prices.

When a buyer shows up, you can always adjust the price down. Up, not so much

Of course some buyers, such as myself, won't even approach an overpriced car. But on a dealer's lot, they'll eventually snag someone.
That's a very good point. I don't even bother with those that are so overvalued as all it does is **** off the owner.

I see people come in to the local club advertising their car for a very high price and when no one bites, their next post is how they sold it to a dealer for $10K less than they were asking. Nice.

Pretty sure the '08 3LZ sold for $45 and change. I made a low offer on it and they didn't even counter. Should have bought that one but was looking for '09 at the time. I know that an '08 2LZ w/18K miles actually sold for $42K (asking was $48). What I'm having a hard time with is assigning a value based on miles. What price difference would you give for identical '09 w/20K vs 40K miles?
Old 11-08-2013, 01:03 AM
  #28  
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But guys let it be known a car is worth what you willing to pay for it..
Old 11-08-2013, 07:44 AM
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Originally Posted by 93Polo
It generally takes about 2 years for the market to reflect real decline in the outgoing generation Corvette, especially on the performance version.
lol, yeah right, I tried to tell people that on here. Most were saying the second the C7 hit the showroom the C6Z06 would drop like a rock. Now just wait for the $100k+ new Z to come out and see how $40-45k for a C6Z sounds then lol.
Old 11-12-2013, 08:43 PM
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Vega$Vette
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an 07-08 with less then 30K Miles is an easy find for $40K



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