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

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Old 11-04-2013, 06:42 PM
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E85Evo
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Default What should I realistically pay for a Z06?

Hi all, hope this thread is in the right place.

Looking to buy an 06-09 Z06, but pricing is all over the place and I'd like to get a good ballpark for what I should be paying. I'm here in SoCal so perhaps prices are a bit higher, so keep that in mind.

I've got about $40k cash sitting around but I wouldn't mind spending $33-36k even if it means an older 06-07 Z06. Most people are pricing their Z06's at $42-50k which is just ridiculous for an '06-09 with 40k+ miles, or am I wrong?

Any help or input would be very welcome.
Old 11-04-2013, 07:01 PM
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TheDingo
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I think you're wrong. 40s is a reasonable price for an 07-09 with that mileage given the KBB value.
Old 11-04-2013, 07:07 PM
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Prices will be all over the place. There are "deals" to be had, but they are purchased very quickly (as you would expect). If you are serious about getting a deal, you need to be very patient. Took me just over 3 months to find my "deal".... and mine really wasn't a deal. After I installed the Borla, tinted the windows, powder coated the wheels, bought rear tires, etc...... I was right where I would've been.

Check ebay, you can sort the search to show you "sold listing". This will give you an idea of the deals that have been had or what others are paying. I just did a quick search and found several sold for around $35K.

Contact the sellers to see if they will end the auction and sell the car outside of ebay. This is very advantageous to them.... ebay charges them $125 for any qualifying bid and a "final value fee". Also, ebay states "you'll be charged a successful listing fee regardless of whether you carry out the sale with the buyer."

Last edited by NavyAirTraffic; 11-04-2013 at 07:12 PM.
Old 11-04-2013, 07:15 PM
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LS9Drew
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Your gonna get a beat to hell and very high mileage (for a Corvette anyways) Z06 for 33-36k
Old 11-04-2013, 07:28 PM
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Mark2009
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Originally Posted by E85Evo
What should I realistically pay for a Z06?
Between NADA Average Trade-In and NADA Clean Trade-In. NADA is online.

eBay is either dealers just advertising or private sellers who are desperate. Proceed with caution and don't even think about bidding on something you haven't seen. IMHO, NADA has all the pricing info you need... I priced and offered on several cars using their figures and was always very close to what they sold for... hi and lo miles.
Old 11-04-2013, 07:46 PM
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NavyAirTraffic
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Originally Posted by LS7 DREW
Your gonna get a beat to hell and very high mileage (for a Corvette anyways) Z06 for 33-36k
http://www.ebay.com/itm/Z06-Corvette-NEW-TIRES-LOW-MILES-No-RESERVE-7-0-liter-V8-/271260613479?item=271260613479&forcerrptr=true&pt=US_Cars_Trucks&hash=item3f28647b67&nma=true&si=IQZ18aL0lMaDyjqmVlflyqkxtok%253D&orig_cvip=true&rt=nc&_trksid=p2047675.l2557
This one sold a couple months back (actually one I was watching, just too far). I just ran the autocheck and it is clean. I would've bought that car in a second. There are deals to be had, patience is the key.

Originally Posted by Mark200X
eBay is either dealers just advertising or private sellers who are desperate. Proceed with caution and don't even think about bidding on something you haven't seen.
People selling on ebay are people too :-). I've bought a total of 3 cars on ebay: this Z06 (private party), a Ford Expedition (large dealer) and a Toyota Highlander (small dealer). I still have the Z06 obviously but I made money selling the other 2, and I'd make money if I decided to sell the Z.

Don't discount ebay, just search within a certain distance to your house and go take a look at it before you bid (just like any car buying experience). Good luck.
Old 11-04-2013, 08:03 PM
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tail_lights
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Good question. Keep your eyes open. There are deals to be had. You have a wide range listed with 06-09 but on average I think a high(er) mileage '06 would list for mid 30s, a low mile '09 though would probably list for upper 40s.
Old 11-05-2013, 08:00 AM
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Listen to these guys. I went to the dealer to get the car appraised since I'm considering stepping up and they only offered me 37k. Granted my 09 C/G has 45k miles on it, but the appraiser straight up told me the car was worth more than he could offer me and I was better off selling out right. I was considering asking 45. Just watch the for sale section and wait for someone to be hurting for money.
Old 11-05-2013, 09:50 AM
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Words of advise there is a lot of salvage Z06s out there and I was nearly burned on two of them before I found the car I wanted that wasn't wrecked or without high miles. I just heard of a guy selling a 2010 Z06 WITH 23K MILES FOR 30.000.00......If this car isn't wrecked I'm going to buy it also and resell it. The car is red. I will keep everyone posted. I'm just not a fan of red cars or trucks.
Old 11-05-2013, 03:43 PM
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ibleedgreen
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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.
Old 11-05-2013, 07:09 PM
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They've ('06, '07) been going on this forum for mid 30's with mods for over a year now. The good deals sell (deposit) same day most of the time, so if youve really got the money be ready to drop the hammer. I missed about 6 good deals before I "jumped". Be patient and be serious...know what you want and jump on it when it shows up
Old 11-05-2013, 08:44 PM
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43k for my 09
Old 11-05-2013, 10:06 PM
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I personally was willing to pay the $50k for my 08' Z, fully loaded 2LZ with 11K miles. My car is immaculate with a few tasteful upgrades. It books at $52k but I wouldn't sell it. I could have paid $33k for my buddies white 07' Z but didn't like the fact it had 40K miles on it.

I would think the "deals" are out there you just have to keep an eye out and be ready to purchase before the next guy gets the deal.
Old 11-05-2013, 10:10 PM
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camirocz
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E85Evo a new z06 is 100k so if you dont want to give 40k for a used one get a Miata they are much cheaper.Reverse the roles ,if you d be selling your used z06 would you let it go for 32k?I didnt think so.People like you are the reason i strickly sell wholesale ,specifically not to put up with time wasting tire kickers that have no intention of buying anything only to waste people s time.You can have a c5 z06 in the twenties maybe thats what you should do.
Old 11-06-2013, 07:23 AM
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Somebody has anger issues...and issues with reality ($100k???). Everyone wants the C6Z to be a collector car, but it won't be for at least another 20 years. In the meantime, the value will tank just like it has with the C5Z (which was the baddest thing on the block back in '04) before it rebounds, if it rebounds.

There are a few that are pointing you in the right direction. Figure out how you want to use the car first. If you want a car to enjoy, fix it when it breaks, damn the miles, then look for the lowest price car in good shape that you can find and drop the hammer when you find it. You should find one in the low to mid 30's. If you try to sleep on it, it will be gone. If you want a garage queen afraid to break it car, then you'll pay about 5k-10k more for it.

The "nay-sayers" are only making themselves feel good by protecting their "investment".

Old 11-06-2013, 08:25 AM
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Originally Posted by wolfemc
Somebody has anger issues...and issues with reality ($100k???). Everyone wants the C6Z to be a collector car, but it won't be for at least another 20 years. In the meantime, the value will tank just like it has with the C5Z (which was the baddest thing on the block back in '04) before it rebounds, if it rebounds.

There are a few that are pointing you in the right direction. Figure out how you want to use the car first. If you want a car to enjoy, fix it when it breaks, damn the miles, then look for the lowest price car in good shape that you can find and drop the hammer when you find it. You should find one in the low to mid 30's. If you try to sleep on it, it will be gone. If you want a garage queen afraid to break it car, then you'll pay about 5k-10k more for it.

The "nay-sayers" are only making themselves feel good by protecting their "investment".

There are exceptions but for the most part if you want a lower mileage car you'll pay a lot more for it. On the other side I bought a higher mileage Z (An 07 with 67k miles) for around 37k and ended up having to fix some issues and changed some things just to make the car look better to me. (I've had to pay a lot of cash just to make the car reliable). Honestly if I had 49G's in the bank I'd make a good down payment and look for a low interest loan. Some credit unions are offering 3% loans on used cars and you would have the cash just in case something (and it will) breaks.

Last edited by JwT; 11-06-2013 at 08:28 AM.
Old 11-06-2013, 09:31 AM
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Originally Posted by E85Evo
Hi all, hope this thread is in the right place.

Looking to buy an 06-09 Z06, but pricing is all over the place and I'd like to get a good ballpark for what I should be paying. I'm here in SoCal so perhaps prices are a bit higher, so keep that in mind.

I've got about $40k cash sitting around but I wouldn't mind spending $33-36k even if it means an older 06-07 Z06. Most people are pricing their Z06's at $42-50k which is just ridiculous for an '06-09 with 40k+ miles, or am I wrong?

Any help or input would be very welcome.
I just got $40k in trade in value on an 07. And no they didn't build it into the price of the new car, it was bought below invoice price minus rebates and incentives. I negotiated the price of the new car before the trade in was brought up.

If dealer is giving $40k, then private party value has to be somewhere well north of $40k.

Don't ask me why, I wouldn't pay $40K+ for a 6-7 year old chevrolet especially knowing what i know about the LS7.

And my credit union is offering 1.74% on used cars, but they won't go too long of a term on a 7 year old car. I think their normal limit is 5 years, but they do go longer on luxury/exotic cars like the Z.

Last edited by jedblanks; 11-06-2013 at 01:19 PM.

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Old 11-06-2013, 12:31 PM
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LMB-Z
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I have an 06 Z. 45k miles. I would not sell it for less than 40k. I looked for 2 years before I found what I wanted at the price I wanted to pay. Trying to find one in the low to mid 30's is going to be hard.
Old 11-06-2013, 02:00 PM
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DON T.
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For a million six i would be willing to let mine go......
Old 11-06-2013, 02:12 PM
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Default The bank refi tells the story

My buddy just refi'd his 06Z last year... 30K miles or so...and the bank went 45K on the car! I was stunned given its an 06. I'm not surprised low mileage Z's are getting 40K. I noticed the prices on the Z's started RISING in 2010 after I bought my low mileage Z. Mine is an 07 with 18K miles and I bought from the dealer at like 49 or 50K. Mind you that was 3 years ago exactly.


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