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What's it worth?

silver98

Well-known member
Joined
Oct 21, 2004
Messages
202
Location
southeast PA
Corvette
1998 Sebring Silver Coupe
Looked at a vette for my neighbor. What do you folks think:
1989, White Vert, Black interior, top perfect, back windo perfect, 62kmiles, last year had 200 miles put on it. Tires have plenty of tread, automatic trans. Paint looks decent, leather is worn, no tears or cracks. Wood panels look a bit rough to me, but I'm clueless. Asking $12.5k

2 owner, present owner kept her in a garage, 'gently driven' I'm told.

Good deal or not?

Thanks C4'ers

:w
 

silver98

Well-known member
Joined
Oct 21, 2004
Messages
202
Location
southeast PA
Corvette
1998 Sebring Silver Coupe
Sorry no pics. Didn't have a camera with me...... besides, that would make it too easy :)
 

kingman

Well-known member
Joined
Jan 1, 2003
Messages
1,533
Location
Georgia
Corvette
2002 Torch Red Coupe
Real Tough call!!!!!!!!!!!

Without seeing it, it is only worth in the $9000 area. The asking price of $12,500 is high because the interior has to be redone and l'm sure the weather stripping is almost shot.

If you redid the interior and the carpet and what ever, it would wind up costing you in the $2000 area to start.

There are minto ones out there at the $12,000 price range and forget what happened last year with 2000miles and now garaged.

That is my two cents.

Alan
 

Edmond

Well-known member
Joined
Aug 1, 2001
Messages
5,218
Location
Louisiana
Corvette
2003 Z06
I agree with what Alan said. Interiors and weatherstripping is a costly thing to replace.

Another thing that is costly to replace are tires!

Keep in mind that his asking price of $12.5K is just a beginning price. He can't go up from that price.
What he would accept depends on how fast he wants to sell and how good of a negotiator you are.
 

slapshot

Well-known member
Joined
Nov 22, 2004
Messages
217
Location
Largo, FL
Corvette
1991 coupe, FX3, 6 spd, red/black
Sounds a bit high to me also. In November, I paid $13k for my 91 coupe. It had almost 37K miles on it and just needed a really good detail. Overall, it was in great shape. I replaced a few things (outer window seals, belt, front and rear emblems). Actually, $13k was a bit more than I wanted to pay, but it was one of the cleanest ones and lowest mileage ones around my area.

Personally, I'd go in the $9k to 10.5K range.....
 

Mad-Mic

Gone but not forgotten
Joined
Feb 12, 2002
Messages
1,853
Location
Annapolis Maryland
Corvette
1987 Redskin Red Coupe
only problem is we know what it's worth is. most owners dont. i agree with the 10k price. these cars are getting cheaper and cheaper to buy and makes them a GREAT deal!

if it's been well kept and documented then try and negotiate because it sounds like a nice car!

to me having new tires, brakes, fluids frequently changed, ect goes along way in negotiating the price and i don't mind paying a few extra bucks for something nicely kept.
 

safety_match

Well-known member
Joined
Dec 12, 2002
Messages
164
Location
Vancouver, BC, Canada
Corvette
1990 Bright Red roadster
I paid $13K for my 90 in the fall of '02. It is a convertible (with hardtop included) and had 47,000 miles.

The one you are looking at is one year older than mine, is being sold 2.5 years later than when I picked mine up and does not include the hardtop.
$10K sounds about top end.
 

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