C4 Sales Values in the Toilet..confirmed

[Ted Krempa]

Hey Kids (at least those trying to sell a C4 later edition)

This link pretty much confirms how deep in the toilet is the C4 series as to sales value:

http://cgi.ebay.com/ebaymotors/ws/e...STRK:MEWA:IT&viewitem=&item=230157980220&rd=1

here was a nice Collector with LT1, auto and reasonable mileage. Oh well, I'm trying to sell mine (since May) and the phone is not ringing off the wall.

Who would ever think it would be hard to sell a Corvette ??? ;help

 

[Sunstroked]

OK it was an LT 1 car with reasonable mileage for the yr. Bidding ended at 11.6 k. I would have a hard time placing my car up for bid on ebay or buying one without at first arranging to inspect the car. For what its worth I would call it well bought. I pd 2 k less for my 92 6 spd 2 yrs ago with less milage. I considered mine well bought and was the reason I purchased it. Werent all 96 models C.E.?

 

[Ted Krempa]

no, Sun all 96 were not CE's (which is just a kind of bogus deal anyway, nothing special in resale or original sale) My point is NOT what you or I paid back then, it is what we can sell for NOW. I paid $16+- for mine 2 yrs ago, and that was too much, but trying to sell now, makes it worse. I have it in the Auto Trader at $15,000 now and NO ONE IS CALLING... so they are dead www.krempacorvette.com

 

[Sunstroked]

Yeah I looked up the production facts. Approx 5400 were built. I have a friend trying to sell his 95 right now, looks like he will take a bit of a hit. Not too much though, he bought his last yr. He's had a few calls but no lookers yet.But on the flip side he got a decent deal on a 98 coupe.

 

[simbadb]

1996 Collector LT4's, Now Appreciating

<<Today we conclude our annual Corvette pricing series by taking a look at the Corvette generational pricing highlights of 2006. The years have been good to Corvette and their owners. Every model from 1953-1982 shows yearly appreciation. The newest models are those depreciating, as they should. Yet performance models like the Z06 or special editions like the 1996 Collector Editions and Grand Sports are either holding their own or showing modest appreciation. How many other cars can you point to that offer the same type of investment quality for a fair amount depending on the model and year?>>

1984-1996:
<<This series showed good appreciation results with most of the models moving toward the appreciation classification. The appreciation factor ranged from -4% to +8% for this series. None of the Corvettes reflected double digit appreciation, however 23 of the 38 models showed positive results, seven had no change and eight showed depreciation results. One a comparative basis going back two years, 26 of the 38 Corvettes in this series showed depreciation results; one year ago the number had dropped to 20. The trend is definitely going in the right direction. The high price leader in average price was the 1996 Grand Sport Roadster at $43,400. It is considered rare with the production of only 190 units built. It also showed an 8% appreciation factor this year. It partner, the Coupe, also did well at $33,600 for a +6% appreciation. The ZR-1s in the group showed modest appreciation in the +1 to +3% range with the exception being the 1995 model showing -4% at $41,200. The 1990 ZR-1 continues to sell in the mid-twenties at $26,300. On average the Roadster continues to command $4,000 more than the Coupe. The entry level prices are below the $10,000 with average prices starting at $8,200 for the 1984 Coupe escalating slightly each year to the 1987 Coupe at $9,900.>>

I Bought my low milage, excellent condition, 1996 CE LT4 this year and already received an attractive unsolicited offer. Only 1500 CE LT4 Coupes Manufactured.

 

[nelson84]

When you look at the 96 CE LT1, what is so collectable about it?

LT1 is the base engine from 92 to 96.

96 looks just like a 92 to 96.

If all you are getting is a special paint color and emblems, what gives?

If it has the LT4 and a 6 speed, then I could see a few extra $$$$$.

The LT1 with highway gears and auto, in stock form is a bit of a dog, my 85 with a few mods will walk away from a LT1 in this form.

People looking to buy an LT1 are looking for the 6 speed so they can put 409 gears in it, if not it will be a women looking to buy an auto LT1 for the body style and how many women buy corvettes. The women would have to have no kids(that is rare) and be willing to search for a certain color and style(women are to lazy for that). The only way to sell it is on a busy street and hope that the one buyer will see it and actually write down the number and remember to call.

Or sell it on ebay and take a major hit.

 

[MsSchroder]

People looking to buy an LT1 are looking for the 6 speed so they can put 409 gears in it, if not it will be a women looking to buy an auto LT1 for the body style and how many women buy corvettes. The women would have to have no kids(that is rare) and be willing to search for a certain color and style(women are to lazy for that).

Wow, nelson, that's a lot of gross generalizations you're making about women :eyerole

 

[warren s]

Corvettes in general are not good investments, with rare exception they loose value pretty fast.

Something else I learned when selling my C4 and buying a C5 is that is seems easier to come up with 30 grand and buy a dealer financed car than it is for a private seller find some one with 20 grand cash.

 

[gmjunkie]

Wow, nelson, that's a lot of gross generalizations you're making about women :eyerole

Tammy don't take that Crap!!!Let's get Nelson on the Dragon and you a he have it out!!!!! The JunkMans $$ will be on you!!!!:cool

 

[SPANISHVETTS]

Tammy don't take that Crap!!!Let's get Nelson on the Dragon and you a he have it out!!!!! The JunkMans $$ will be on you!!!!:cool

Where is Jane Ann?

Junk - we could put Nelson between 'em and watch the fun while we sit on the roadside and sip some of your famous White Lighting.

Something else I learned when selling my C4 and buying a C5 is that is seems easier to come up with 30 grand and buy a dealer financed car than it is for a private seller find some one with 20 grand cash.

That is why I always get such a great deal. When I bought the ZR-1 I gave the owner a certified check that could only be cashed with the clear title of the car attached and walked away. He was asking 25. The check was for 18. 6 weeks later he called me to come pick up the car. Lucky that I got a deal because I need to put the difference back in the car to sort out Jill's mess :ugh but that is a different story.

When I need $$$ I go to the bank and cut the best deal that I can. Then I deal with the seller as if I had all the money in the world... Who or how much I owe is none of his business.

 

[XLR8]

Where is Jane Ann?

I'm here my friend. Quietly watching and waiting in case I'm needed. Though knowing my good friend Tammy as I do, I also know there's very little chance of that.

...
When I need $$$ I go to the bank and cut the best deal that I can. Then I deal with the seller as if I had all the money in the world... Who or how much I owe is none of his business.

This is the way I bought my 2 Vettes, Igeaux. I worked out the deal with my bank, then went Vette shopping with my mental list of options and color I wanted - and the amount I was willing to pay for it. Worked out very well too.

 

[simbadb]

LT1 vs. LT4

<<I am afraid you are absolutely correct. The LT4 is adding $2000 to $2500 to the value of the 1996 CE. The LT4 CE 1996 (The Grand Sport) the 1990 Z and *maybe the 45th Aniversary (Ruby Red) are the only C4's where I expect you will see significant appreciation in the years to come.>> IMO



When you look at the 96 CE LT1, what is so collectable about it?

LT1 is the base engine from 92 to 96.

96 looks just like a 92 to 96.

If all you are getting is a special paint color and emblems, what gives?

If it has the LT4 and a 6 speed, then I could see a few extra $$$$$.

The LT1 with highway gears and auto, in stock form is a bit of a dog, my 85 with a few mods will walk away from a LT1 in this form.

People looking to buy an LT1 are looking for the 6 speed so they can put 409 gears in it, if not it will be a women looking to buy an auto LT1 for the body style and how many women buy corvettes. The women would have to have no kids(that is rare) and be willing to search for a certain color and style(women are to lazy for that). The only way to sell it is on a busy street and hope that the one buyer will see it and actually write down the number and remember to call.

Or sell it on ebay and take a major hit.[/quote]

 

[GS Diva]

Wow, nelson, that's a lot of gross generalizations you're making about women :eyerole

Wow, Nelson...you certainly do seem to like living dangerously!! Watch yourself when you make these generalizations!

Elaine

 

[Chetzki]

Disturbing...

Sad to hear this. I just posted my LT4 on a couple of sites today (including this site if know anyone who is looking). It's hard enough to sell it, let alone taking a hit on the price! I'm going for $17.5k with 53.2k miles for an original car in great shape. Hopefully my phone will be ringing. We'll see...

Chetzki

 

[simbadb]

I dont think you will have a problem at the 16k-17.5k price point provided as you say the car is clean. Service records, Build sheet etc.?? The LT4 is the key!! Play that up in your ads. You will find info on this site that shows a majority of LT4's Dyno Out well in excess of 330 BHP and show 0-60 times of 4.8 sec on Avg. A big difference compared to the base engine.
That said; we are moving into the end of summer and this housing(mortgage) crunch may have everybody pausing at this point.
Good Luck!!

 

[SPANISHVETTS]

Wow, Nelson...you certainly do seem to like living dangerously!! Watch yourself when you make these generalizations!

Elaine

Whee Whooo Nelson. You have awaken no less than 3 of the fairer sex* and the West Coast girls haven't logged in yet.hnoes

*What fool ever came up with that description?

 

[nelson84]

Sorry ladies, how about a :naughty:.

 

[Chetzki]

I dont think you will have a problem at the 16k-17.5k price point provided as you say the car is clean. Service records, Build sheet etc.?? The LT4 is the key!! Play that up in your ads. You will find info on this site that shows a majority of LT4's Dyno Out well in excess of 330 BHP and show 0-60 times of 4.8 sec on Avg. A big difference compared to the base engine.
That said; we are moving into the end of summer and this housing(mortgage) crunch may have everybody pausing at this point.
Good Luck!!

Hasn't been dyno'd, and haven't measured a 0-60, but I think this is not one of the weaker ones judging by the "kick in the pants" factor. Sure does feel like it when you get the starting RPM's and shift points right. I have the sticky Eagle F1's on the back too. I did get it up to 155 and it was still flashing up 2+mph per update with room to go on the revs.

The build sheet is above the gas tank where it's supposed to be. I can feel it but can't get it out without ripping it so I gave up. Everything checks out with the codes in the rear compartment though. Somebody added a 6 disc CD changer before I bought it and I've replaced a rocker panel and some interior pieces and the minor mods (throttle body by-pass, skip shift eliminator). I kept all the old parts down to the thermostat and even have almost all my gas receipts.

I've been talking about selling it for 6 months but finally got serious about it today. It's been paid for for a long time and I can afford to wait for the right buyer. Gets good gas mileage on the highway as you well know. That's an interesting and unexpected selling point for these cars these days. This is the most fuel efficient in my fleet.

So - We'll see how this price point performs.

 

[67HEAVEN]

Sorry ladies, how about a :naughty:.

 

[GS Diva]

Sorry ladies, how about a :naughty:.

Don't want you to think we three ladies are ignoring your apology. Let me be the first to accept it!

Just be careful in the future...there are many women who are active in the Corvette world and on CAC, too! We don't take kindly to generalizations like yours.

Elaine