Went c7 shopping today
10-29-2013, 03:25 PM
#42
Instructor
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Location: Huntsville Alabama
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Nice looking car, but you have to do something about that awful looking orange flag on the wall in your garage. Here's something quite a bit better looking.
10-29-2013, 03:25 PM
#43
Im surprised the trade in offer was that high.....Gotta agree with some of the others....your car is going to appeal to only a small number of the buyers out there....
From a dealer's perspective, your mods have made the car much harder to sell...
Good luck selling it....If you can find someone with the same taste who can come up with the money....you're golden.
From a dealer's perspective, your mods have made the car much harder to sell...
Good luck selling it....If you can find someone with the same taste who can come up with the money....you're golden.
10-29-2013, 03:30 PM
#44
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Thread Starter
Im surprised the trade in offer was that high.....Gotta agree with some of the others....your car is going to appeal to only a small number of the buyers out there....
From a dealer's perspective, your mods have made the car much harder to sell...
Good luck selling it....If you can find someone with the same taste who can come up with the money....you're golden.
From a dealer's perspective, your mods have made the car much harder to sell...
Good luck selling it....If you can find someone with the same taste who can come up with the money....you're golden.
If I didn't have a boat I'd just trade my truck in... but, then what to do with the boat... I know... I know... sell the boat too.... then pay cash for the vette and then I could keep the Camaro.... good plan.... but..... hmmmm...
10-29-2013, 03:40 PM
#45
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Pensacola? I retired out of Rucker a couple years ago. However, graduated from Alabama over 20 years ago. Roll tide!
Obviously Pensacola....very nice down that way. I had the privilege of flying an Apache down for a static display for the Blue Angel show a while back. Great experience!
Obviously Pensacola....very nice down that way. I had the privilege of flying an Apache down for a static display for the Blue Angel show a while back. Great experience!
Last edited by Longbow; 10-29-2013 at 03:42 PM. Reason: read location
10-29-2013, 03:47 PM
#46
Drifting
In Toronto, about 6 mths ago, I guy put his truck ( I think a Silvorado) on craig list. Two guys came over and the 3 of them went for a test drive. They never came back. A few months later, they guy was found dead in a field and the truck missing. They did catch the guys a few months later. Wife was devastated and all over just a used truck.
Dealers don't want mods... They want stock cars. Heavy mods can also hurt your car when trading into a dealer because the car is altered to "your" likes, not the general publics (which the dealer sells to)... And some dealers even look at a heavy mod'd car as a damaged car if serious mods have been made.
The dealer does not want to get stuck with the trade in. They want to move it as soon as they can. All the mods in the world are worth $0 to some dealers... They know what they can buy the cars for at auction, and they probably don't want to put more than that in the car so they can dump it at auction if they cant retail it.
Me personally, I don't want a car that someone else hot-rodded, installed something and maybe didn't do it right, and most importantly, has a mod on it that I simply just do not concur with. That aftermarket cam and heads is great for a racing team on the track, but the last thing I'm looking for in used late model Corvette.
Think long and hard about mod'ing your late model anything, because not only are you unlikely to ever get what you put in it back out of it someday, you're likely devaluing your car. At that point, private party or auction is your best bet.
10-29-2013, 03:50 PM
#47
Naples FL
When I was shopping for my C7...I had my 5 month old 427 to trade due to medical reasons...none were interested in a conversation... Let alone a deal... Just getting a call back was a miracle... At the end of the day...all these so called "Covette guy " dealers turned out to be like any other cars sales men with the Montra "my car is worthless.....Their car was priceless " EXCEPT RICK HENDRICK IN DULITH GA"
I did the deal by phone and internet and it was great.. They did my trade site unseen and were amazing ... Forget what you heard and call Dan Hounser or Chris Lindamood ... They will get your deal done ...
P.S... Since my deal...they have taken in. 2 ZL1's on trade... So that tells me my deal was not an exception ... But the norm !
I did the deal by phone and internet and it was great.. They did my trade site unseen and were amazing ... Forget what you heard and call Dan Hounser or Chris Lindamood ... They will get your deal done ...
P.S... Since my deal...they have taken in. 2 ZL1's on trade... So that tells me my deal was not an exception ... But the norm !
Last edited by 9157; 10-29-2013 at 03:52 PM.
10-29-2013, 05:56 PM
#48
If you're dead set on a C7, then take your time and sell the Camaro to get the best price. Then go shopping for a C7. The C7's are selling for MSRP and below, and the prices will keep dropping as more of them are produced. Don't let lust control your pocketbook.
By the time you are ready to take the plunge, you should be able to find a nice selection of C7's in stock at more dealer's then today and be reasonably priced. Quality should also be getting better the longer you wait.
By the time you are ready to take the plunge, you should be able to find a nice selection of C7's in stock at more dealer's then today and be reasonably priced. Quality should also be getting better the longer you wait.
That dealer must have been frothing at the mouth to try and sell you a new car at or above MSRP and then slam you on your trade. Lottery day for the dealer!!! The dealers will take as much $$ out of your pocket as they possibly can. They call it the "car business"!!
10-29-2013, 06:04 PM
#49
Race Director
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2022 Corvette of the Year Finalist -- Modified
2021 C6 of the Year Winner - Modified
Finalist 2020 C7 of the Year -- Modified
2020 C6 of the Year Finalist - Modified
Was it Pete Moore? I tried to get a new C6 from those guys back in late 2005 and they acted like they couldn't be bothered. My local dealer had ran out of allocation so I went with Kerbeck and got an awesome deal. I bought my 2013 427 from Kerbeck as well. I would wager all of the forum dealers will treat you better.
10-29-2013, 06:09 PM
#50
When the dealer said C7s are "selling for $10k over MSRP", a good response would have been, "NO they're not, it looks like you are ASKING $10k over MSRP. G'luck with that."
10-29-2013, 06:27 PM
#51
Pro
Thread Starter
Was it Pete Moore? I tried to get a new C6 from those guys back in late 2005 and they acted like they couldn't be bothered. My local dealer had ran out of allocation so I went with Kerbeck and got an awesome deal. I bought my 2013 427 from Kerbeck as well. I would wager all of the forum dealers will treat you better.
yep. They were the first I visited. They've got a 3LT z51 on the lot right now.... sticker is 68,000 (as well as the autotrader price) but when I asked about that...."autotrader defaults to MSRP... selling price 73,000."
ye.... you always think of better things to say once it's too late.... I think I should have said... "wow, what a coincidence... my car is going for $10K over blue book. Sounds like we'll be able to make a deal today."
Last edited by TX Navy Vet; 10-29-2013 at 06:30 PM.
10-29-2013, 06:49 PM
#52
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I have to agree with Joe here. There are many dealers that are offering the C7 at sticker now and every once in awhile you see some deals taking place.
Your Camaro is very nice, indeed. I think you already know, however, that modified is just something dealers are not into when it comes to trade ins. While your car is very cool, it only sells to a very select buyer, and considering possible warranty concerns, dealers are not apt to offer a whole lot for it. They look at wholesale market prices for 2011 Camaro RS/SS and that's it, regardless of what you've put into the car. Best just taking your time to sell it to someone that appreciates what you've put into it, then take that cash to a not so greedy dealer for your Corvette.
Your Camaro is very nice, indeed. I think you already know, however, that modified is just something dealers are not into when it comes to trade ins. While your car is very cool, it only sells to a very select buyer, and considering possible warranty concerns, dealers are not apt to offer a whole lot for it. They look at wholesale market prices for 2011 Camaro RS/SS and that's it, regardless of what you've put into the car. Best just taking your time to sell it to someone that appreciates what you've put into it, then take that cash to a not so greedy dealer for your Corvette.
It's also true that in some states, selling your car and then buying a new one will significantly affect the sales tax due on the new car when you go to register. In Kansas, as in California, I only pay tax on the difference between trade-in and selling price. So, looking at my current deal, I will probably be at about $20K between my current car and the new one. 8% on $20K, vs. 8% on 70K? Do the math.
10-29-2013, 10:49 PM
#54
Le Mans Master
Modifications scare away more buyers than they attract - I brokered 'vettes for several years, and modded cars would sit for months without activity. People who mod generally want to do it themselves.
It's also true that in some states, selling your car and then buying a new one will significantly affect the sales tax due on the new car when you go to register. In Kansas, as in California, I only pay tax on the difference between trade-in and selling price. So, looking at my current deal, I will probably be at about $20K between my current car and the new one. 8% on $20K, vs. 8% on 70K? Do the math.
It's also true that in some states, selling your car and then buying a new one will significantly affect the sales tax due on the new car when you go to register. In Kansas, as in California, I only pay tax on the difference between trade-in and selling price. So, looking at my current deal, I will probably be at about $20K between my current car and the new one. 8% on $20K, vs. 8% on 70K? Do the math.
In the past, I would've agreed that most people prefer to modify the cars themselves. However, with todays complex technology, often the person winds up going to a professional tuner. So, to find the model you want with mods, at least close to your desire already done correctly, is a bonus in today's market. It just takes a little more time, and dealing with some BS tire kickers, but it'll sell, maybe not at $45K but close enough. Of course, if it doesn't soon enough, he can go the trade route, and still save money on the tax, which would be the same as adding $3K =/- to the trade in offer.
Like the OP's car. If I were in the market for an RS/SS and intended a similar mod package. I could by the '11 for what, $25-30K? Then spend another $30K in mods for a total of $55-60K, or I could just buy his, turn key at $45K.
10-29-2013, 11:06 PM
#55
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The only way to sell your car is privately, as someone with over 5 years of experience in the car business 3 of them at new car dealers if you spend 100k in mods it is worth the same, or in MOST cases less than what they would give for the same car bone stock. A lot of mods void factory warranty, or exempt the car from a certified pre-owned status which knocks out some warranty and financing options for the dealer to use to help sell the car. Your car is beautiful but what they would do with it is put it out front for a week, if no one comes in and buys it it would go to a wholesale auction and they would hope to get their money back. Without factoring in the mods the offer sounds fair for a 3 year old SS, there is a 5k mile showroom example on Manheim for 27k buy it now right now, I think they are pretty strong in the offer, not close to what you can get privately but for a trade-in, over MSRP for the C7 not so much.
Camaro or C7 either way you have an awesome ride.
~B~
Camaro or C7 either way you have an awesome ride.
~B~
Last edited by belmor; 10-29-2013 at 11:12 PM.
10-30-2013, 10:04 AM
#56
Pro
Thread Starter
True, I live in Kansas too, well aware of the tax, and it does make a difference. Unless, he can sell his car for $10K over what the dealer offered, that would more than cover the sales tax wit hsome gas money left over.
Like the OP's car. If I were in the market for an RS/SS and intended a similar mod package. I could by the '11 for what, $25-30K? Then spend another $30K in mods for a total of $55-60K, or I could just buy his, turn key at $45K.
Like the OP's car. If I were in the market for an RS/SS and intended a similar mod package. I could by the '11 for what, $25-30K? Then spend another $30K in mods for a total of $55-60K, or I could just buy his, turn key at $45K.
The only way to sell your car is privately, as someone with over 5 years of experience in the car business 3 of them at new car dealers if you spend 100k in mods it is worth the same, or in MOST cases less than what they would give for the same car bone stock. A lot of mods void factory warranty, or exempt the car from a certified pre-owned status which knocks out some warranty and financing options for the dealer to use to help sell the car. Your car is beautiful but what they would do with it is put it out front for a week, if no one comes in and buys it it would go to a wholesale auction and they would hope to get their money back. Without factoring in the mods the offer sounds fair for a 3 year old SS, there is a 5k mile showroom example on Manheim for 27k buy it now right now, I think they are pretty strong in the offer, not close to what you can get privately but for a trade-in, over MSRP for the C7 not so much.
Camaro or C7 either way you have an awesome ride.
~B~
Camaro or C7 either way you have an awesome ride.
~B~
This is why I love the forums... a variety of opinions, most with solutions and ideas from folks much more knowledgeable than I.
I'm still undecided which way to go but I have a lot more valuable information to process now to help me decide!
My next step will be another trade in quote or 2... then while driving to Key West next week (NOT in the Camaro) we'll make some stops to see the different color C7s since I thought I had settled on black ext/ brownstone int until I saw the white ext/red int combo. I need to see brownstone in person.
Last edited by TX Navy Vet; 10-30-2013 at 10:06 AM.
10-30-2013, 10:23 AM
#57
?? looked like good advice from C5 to me. I have seen a couple now 1K below list, sure they sell fast but it will happen slower and yes in time the price will fall below MSRP unless they stop production all together ( wow that would cause a price increase)
I would try to sell private and buy when I like the price also
I would try to sell private and buy when I like the price also
10-30-2013, 07:08 PM
#58
Pro
Thread Starter
Camaro traded in..... (got a little higher than last dealer)
ordered Stingray at MSRP.
2LT/Z51
White ext
Red int
Magnetic ride control
Performance exhaust
Navigation
Red calipers
CFM mirrors and spoiler
A6 (wife is designated driver sometimes so.... )
ordered Stingray at MSRP.
2LT/Z51
White ext
Red int
Magnetic ride control
Performance exhaust
Navigation
Red calipers
CFM mirrors and spoiler
A6 (wife is designated driver sometimes so.... )
