I have my 02 Z06 in the classifieds on another site. I have a guy showing interest. I was going to sell to buy another c3. 69-72 to enjoy while I am restoring my 70 lt-1. I have mixed feelings about selling the Z06. I don't drive it much. But I would hate to loose my tail on it. How low do you guys think they will go before they stabilize. I mean If I could get about 25k now and it will only be worth 15k in a year or two I would rather have an older vette. I also have 3 69 Camaros I can enjoy so I don't have to have an older Vette to go to cruiz-ins.
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Re: Advice needed c5/c3
well I think it has alot to do with what color it is what color the interior is black or mod red and whats the mileage?
I had a 02 Electron BLue Z06 loved the car but really with the C6 Z06 the C5 resale got smashed its hard to say Id try to get as much for it as I could be I would be going for a specific color if I was shopping for c5 Z06.
yellow or EB but thats me.
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Re: Advice needed c5/c3
My car is red with black interior. 17k miles and totaly stock. Excelent condition. My decision is weather to sell to get a C3. I have had it 3years so I am not taking as big a hit as if bought new.Comment
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Re: Advice needed C-5/C3...
I have a stock yellow 2003 Z06 with 9500 miles. I paid over $50K new for that car. At times, I've thought about selling it but I'll be damned if I'm going to let it go for $25K; it can sit in my garage...it is nice to look at!
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Re: Advice needed c5/c3
The C5's including the Z06, are all on the downward curve. They are great cars to drive but not any kind of an investment. A nice early bumper car 68-72 will hold it's value alot better than the Z06. If you aren't driving the Z06, why keep it? It will continue to decline in value. Personally, I like having a newer car to take on trips, like to Carlisle. The old cars a pretty but for long trips the new Corvettes are hard to beat.Comment
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Re: Advice needed c5/c3
I payed 32k for mine with 12kmiles on it. It won't be a real big hit to sell. I guess the question is how low will they go and how long will it take. If I keep it I need to think long term. If I only keep it short term I think I would be better off to let it go now.
I did enjoy driving it to Carlisle but I have drove 69 camaros on trips also.
Good points by all. Just sitting on the fence. I want to sell to have cash for 68-72 and at the same time I am afraid he will buy it.Comment
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Re: Advice needed c5/c3
I have a 2002 black coupe ordered new, fully optioned out. Window invoice was $50,805. The C5's will depreciate just like the C4's, eventually selling in the $4 or $5K range.Comment
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Re: Advice needed c5/c3
I bought my Z06 new on my bday april 28th 2002 I just got back to the states after being stationed in okinawa japan for three years and I put 8,000 miles on the car in three months and then I got the marchin orders to head to the gulf for what became the Iraq war so I sold the car before I left I took about a 3k hit but I had driven the crap out of it before I sold it.
I like the C5 Z06s but if I was going to get another one Id want it to be a low mile car and yellow or blue.
I have seen a couple of silver cars with high miles drop into the teens this year so condition has alot to do with it but right now the way the market is if you don't have to sell I wouldn't sell.Comment
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