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-   -   Did I overpay??? (https://www.corvetteforum.com/forums/c5-general/3292139-did-i-overpay.html)

obnoxus 06-20-2013 09:34 AM

Did I overpay???
 
OK,,, I know opinions vary,,,, so on and so on.

I THOUGHT I got a great deal on my car, but looking through the forums lately at what people think cars are worth,,,,,maybe not.

I've had 2 C4's, and wanted a C5

SO !!!

1997 6 Speed Silver/Black ,,,75,000 miles,,,,100% stock and unmolested,,,VERY clean car inside and out 9+

Let hear your thoughts !!!! :lurk:




http://i998.photobucket.com/albums/a...s/CORVETTE.jpg

Sargevette 06-20-2013 09:35 AM

To late to do anything about it now. Just enjoy it. :thumbs:

obnoxus 06-20-2013 09:40 AM


Originally Posted by Sargevette (Post 1584202188)
To late to do anything about it now. Just enjoy it. :thumbs:

Im still ok with it in my mind,,,,,,just wanted input !!!

dba4life 06-20-2013 09:47 AM

What did you pay? What options are on it? Need some basics first....

Toque 06-20-2013 09:52 AM

Hard to answer your question unless we know how much you paid. :D

Toque

Mr.Bill 06-20-2013 09:52 AM

How can we say if you got a good deal or not if you don't list the price you paid? :willy:

andrec10 06-20-2013 10:04 AM

Moola Amount?:rofl:

PNW Vett 06-20-2013 10:08 AM

As others have said, hard to say not knowing what you paid, but I would venture to say 12-14K would be a fair price. I say just enjoy it now. If you are enjoying it, it is worth every penny you paid for it. I like mine so much I have to remind myself all the time that it is actually worth about half of what my other two vehicles are worth, but I tend to take better care of it than I do them as far as keeping it clean and such.

Mr.Bill 06-20-2013 10:09 AM


Originally Posted by 8VETTE7 (Post 1584202498)
Y'all need to read the post closer. Amount is there just no $ sign in front of it.

I must be lame, I sure don't see the price. :rofl:
I see 9+ on what he rates the car and 75,000 miles.

PNW Vett 06-20-2013 10:10 AM


Originally Posted by 8VETTE7 (Post 1584202498)
Y'all need to read the post closer. Amount is there just no $ sign in front of it.

Chuck, are you thinking the 9+ is what he is saying he paid? I thought that was a 9 out of 10 thing as far as condition.

Tastee Twirl 06-20-2013 10:11 AM

Doesn't really matter if ya got what you wanted nice looking car :thumbs:

Mr.Bill 06-20-2013 10:12 AM


Originally Posted by Glenn Jenne (Post 1584202526)
Chuck, are you thinking the 9+ is what he is saying he paid? I thought that was a 9 out of 10 thing as far as condition.

I agree.

JaxEagle 06-20-2013 10:12 AM

Who cares. Just enjoy Corvette life.

FWIW, I might have overpaid by a little bit myself but it's no big deal. Don't sweat it.

Navybluevette 06-20-2013 10:13 AM

Someone once told me, once you buy something do not continue to check to see if you got a good deal, you will eventually find a better deal. Like said above to late to do anything about it now, just enjoy it.

Loby 1 06-20-2013 10:16 AM


Originally Posted by dba4life (Post 1584202288)
What did you pay? What options are on it? Need some basics first....

I guess we will never know.

Toque 06-20-2013 10:27 AM


Originally Posted by Glenn Jenne (Post 1584202526)
Chuck, are you thinking the 9+ is what he is saying he paid? I thought that was a 9 out of 10 thing as far as condition.

I assumed 9+ was the condition as well.

Toque

oldgoat99 06-20-2013 10:44 AM

If you paid betewwm $9&10k and it's in good condition then I think you got a great deal.:thumbs:

Coach32 06-20-2013 10:50 AM

If this makes you feel better....I probably overpaid....2001, head-up display, driver & passenger pwr seats, 9+ condition, 47K miles. I paid $21K, but in the scheme of things, I plan on keeping it for a long time, I appreciated how it was maintained and if I ever go to sell it, it will be worth less than I paid. :ack:


http://i31.photobucket.com/albums/c3...ps92a7d3da.jpg

VinnyT 06-20-2013 10:54 AM

I want my click back....

Crosis 06-20-2013 11:00 AM

If you smile when you see the car, it really doesnt matter.

3boystoys 06-20-2013 11:17 AM


Originally Posted by 8VETTE7 (Post 1584202498)
Y'all need to read the post closer. Amount is there just no $ sign in front of it.

YOU need to learn how to WRITE. :smash:

CQRT 06-20-2013 11:23 AM

I'll take a shot - - -it appears to be a wonderful car and since you've owned other Corvettes, we assume that you are reasonably well versed in assessing the car, it's condition and it's "needs" (or lack thereof)

Forum members have an uncanny ability to generally over-value our own cars, and under-value others. Your post also infers that you're concerned that you paid more than market and clearly, that can be a very subjective thing.

If it's exactly what you want, local, great shape, doesn't need more than your own 'personalization'- as other noted, it doesn't matter- but putting myself in your shoes and add the emotional factor, I can see paying $13-ish, maybe even a tad more...

If you paid less- great - - if you paid more, you undoubtedly felt that there was a good reason compared to the other cars you looked at.

We've all been there and done that, but if it brings a smile to you face, or you flip on the garage light just to check on it late at night- then yes, you did just fine.

My .02 - - -enjoy!

EDIT- I saw there was a silver 97 w/85k in Naperville- different wheels- for $15k- so maybe the market is a bit higher in your world-

Respectfully,

PNW Vett 06-20-2013 11:45 AM


Originally Posted by CQRT (Post 1584203157)
I'll take a shot - - -it appears to be a wonderful car and since you've owned other Corvettes, we assume that you are reasonably well versed in assessing the car, it's condition and it's "needs" (or lack thereof)

Forum members have an uncanny ability to generally over-value our own cars, and under-value others. Your post also infers that you're concerned that you paid more than market and clearly, that can be a very subjective thing.

If it's exactly what you want, local, great shape, doesn't need more than your own 'personalization'- as other noted, it doesn't matter- but putting myself in your shoes and add the emotional factor, I can see paying $13-ish, maybe even a tad more...

If you paid less- great - - if you paid more, you undoubtedly felt that there was a good reason compared to the other cars you looked at.

We've all been there and done that, but if it brings a smile to you face, or you flip on the garage light just to check on it late at night- then yes, you did just fine.

My .02 - - -enjoy!

EDIT- I saw there was a silver 97 w/85k in Naperville- different wheels- for $15k- so maybe the market is a bit higher in your world-

Respectfully,

Good post CQRT :flag: I can especially appreciate the late night garage check point.

DevilDog II 06-20-2013 01:12 PM

My thought is that you can never pay too much for something you want badly enough and can afford. Someone will always come along and tell you that you paid too much. No one will ever tell you that you didn't pay enough for it. :cheers:

obnoxus 06-20-2013 01:26 PM

LOL,,,,,Thanks guys !!!!

I meant 9+ as to condition,,,, its really that clean. It does have the sport seats with no wear.

And I purposely left the dollar amount out before just to get unbiased opinions.

I have $12,500 in it including switching to the wheels in the pic from the wagon wheels.

The only repair needed was the " seat rock " washers which was a whopping $50 and a couple hours.

Honestly I was scared nobody wanted the " first " C5's being a 97

Thanks again !!!

We are glad we went to a C5 this time,,,,, completely different car from the 94

MrHungryMonkey 06-20-2013 02:10 PM

That appears to be in the neighborhood of market price for what you've described, depending on availability in your market.

Have fun.
:cheers:

Will

Chilliwack vettes 06-20-2013 02:37 PM


Originally Posted by obnoxus (Post 1584204104)

I have $12,500 in it including ...

I think you did well! Congrats & enjoy! :thumbs:

obnoxus 06-20-2013 02:54 PM

Thanks,,,, very happy with it so far

I will say,,,,,,Run flats NEED TO GO !!!!!

Im more confident going around a curve in my Maxima then on these Kumhos !!!! ( that's a lie,,,,but you get my meaning )

CQRT 06-20-2013 03:13 PM


Originally Posted by obnoxus (Post 1584204104)
LOL,,,,,Thanks guys !!!!
I meant 9+ as to condition,,,, its really that clean. It does have the sport seats with no wear.
And I purposely left the dollar amount out before just to get unbiased opinions.
I have $12,500 in it including switching to the wheels in the pic from the wagon wheels.
The only repair needed was the " seat rock " washers which was a whopping $50 and a couple hours.
Honestly I was scared nobody wanted the " first " C5's being a 97
Thanks again !!!
We are glad we went to a C5 this time,,,,, completely different car from the 94

Whew . . . . :D

RetiredSFC 97 06-20-2013 04:41 PM

Seems like you did ok to me. If you're happy I certainly am.

If I paid a million bucks for a car I wanted is that too much if I have the cash? Not to me.

Zr-1Mike00 06-20-2013 06:21 PM


Originally Posted by CQRT (Post 1584203157)
If it's exactly what you want, local, great shape, doesn't need more than your own 'personalization'- as other noted, it doesn't matter-.......

but if it brings a smile to you face, or you flip on the garage light just to check on it late at night- then yes, you did just fine.

:iagree: Well said and my thoughts exactly. I paid on the higher end for my general area but it was EXACTLY what I wanted. So I forked it over.

To the OP, I think you've done well. Only thing to do now is drive and enjoy...... And MOD :hide: :rock:

obnoxus 06-20-2013 07:48 PM

Everything but close !!! It was in NJ,,,, 850 miles home first trip out with it !!!

Much more of a solid car then the C4's were

DARRYLZO6 06-20-2013 07:55 PM

What they said. Sounds like a good deal. Lets go for a ride!:cool:

Virtual Geezer 06-20-2013 07:57 PM

Excellent deal -- a bargain! You did very well! :thumbs::cheers::thumbs:

kybilt 06-20-2013 09:02 PM

that's way too much for a coupe with bsm's

Vetteman Jack 06-20-2013 09:50 PM

I'd say you did just fine. Car looks great to me.

R2R 06-20-2013 10:12 PM

Tell me about the rims. Are they C5 original equipment or something other - I'm looking to get the wagon wheels off of mine and am starting to look for rims.

Jeff T. 06-20-2013 10:54 PM

Once it's home who cares... Enjoy it, drive it and smile!!

I have enjoyed my car so much I feel like I got more of a bargain everyday!!

roadbike56 06-20-2013 11:26 PM

At $12500, you certainly did not overpay. Last year when I was searching I saw a 97 with the same milage, great exterior paint, awful, torn up interior, completely dry rotted tires and a $14K price tag. And someone bought it. I thought that was a tad high for a 97 but someone else didn't.

obnoxus 06-20-2013 11:48 PM


Originally Posted by R2R (Post 1584208220)
Tell me about the rims. Are they C5 original equipment or something other - I'm looking to get the wagon wheels off of mine and am starting to look for rims.

Factory C5 wheels,,,,, 2000, or 2001 they started with these I believe

obnoxus 06-20-2013 11:50 PM


Originally Posted by kybilt (Post 1584207657)
that's way too much for a coupe with bsm's

BSM's ???

VETJAZZ 06-21-2013 12:11 AM


Originally Posted by oldgoat99 (Post 1584202818)
If you paid betewwm $9&10k and it's in good condition then I think you got a great deal.:thumbs:

:iagree: BTW, I overpaid for mine. LAL (Live and Learn)

jdot 06-21-2013 12:28 AM

Three years ago C5 was worth $24K and now I'm told it's only worth around $15 by some on CF. Depends on the person.

MotoJB 06-21-2013 02:42 AM

Yep...you overpaid.

memmer 06-21-2013 02:55 AM

Coach32, I don't think you over paid,I paid the same price for my bone stock speedway white 01 vert.3years ago with 37K on the clock.I too don't care as I will keep it until I die.

ClipperFan 06-21-2013 03:57 AM

U did good. I paid 11k this year for my 97 Corvette with 125,000 miles and it needs seats. Previous owner took good care of it with a few extras and I love it. I remember when the first C5 came out I heard nothing about first year problems so I didn't even think about it. This is my 3rd Corvette

MGP1 06-21-2013 03:58 AM

Nice......................

oldschoolvette 06-21-2013 06:45 AM


Originally Posted by VinnyT (Post 1584202904)
I want my click back....

:withstupid:

9-10 is ok, I think

bladex10 06-21-2013 10:32 AM

For the mileage,6 speed and the condition, I think you did well for $12.5k.

sjohnson2615 06-21-2013 11:48 AM

I think you did OK. The high mileage should bring the value down, but if the condition is excellent it offsets the high mileage somewhat.

Ekul61 06-21-2013 10:07 PM

That's fair. I would think anything under 10 would be somewhat in rough condition.

cor66vette 06-21-2013 10:09 PM


Originally Posted by JaxEagle (Post 1584202548)
Who cares. Just enjoy Corvette life.

FWIW, I might have overpaid by a little bit myself but it's no big deal. Don't sweat it.

:thumbs:

bikeriderga 06-22-2013 12:26 AM

I think you did really well.

o2bnkc 06-22-2013 01:30 AM


Originally Posted by obnoxus (Post 1584204836)
Thanks,,,, very happy with it so far

I will say,,,,,,Run flats NEED TO GO !!!!!

Im more confident going around a curve in my Maxima then on these Kumhos !!!! ( that's a lie,,,,but you get my meaning )

I liked my Kumho run flats, and this is coming from a guy who has Mich P/S's now.

scott1094 06-22-2013 10:44 AM


Originally Posted by obnoxus (Post 1584208971)
BSM's ???

BSM = Body Side Moldings.

In the fall of 2011 I paid $16,300 for my 2000 coupe. It would have been about a 7 as far as condition. I think you did well at $12,500. Now, enjoy the car and this wonderful C5 group of helpful people.

Scott

dood73 06-22-2013 11:00 AM

Well, you could save a few thousand here or there, but at some point you have to pull the trigger and just buy one. If you found the one you liked, and it was in your price range, then it doesn't matter how much it costs.

I almost had my dream Z06 slip through my fingers cause I was hesitant in making the deal and then the seller decided he didn't want to sell the car. Then I looked around a bit more and found about the same deal on Z06s that I didn't really like, or that were over-molested. So, in the end I got lucky when I pursued the seller of the original car I was looking at again and found that he was reluctantly willing to sell it again. I didn't let grass grow under my feet the second time.

Basically, if it makes you smile, then it is worth it. :thumbs:


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