Discussion
Hi Folks, looking for a bit of advice, I am thinking of selling my C5 due to the arrival of my daughter, I need some extra seats!! It is a 1999 auto coupe with just below 60k on the clock. I am just trying to get a rough etimate of what it is worth? I have seen some on the classifieds here, but prices seem to vary from 13 - 15k, I want to be realistic with the price rather than over price and have no interest.
Any advice would be appreciated, although after almost 5 years I reckon the keys would have to prized from my fingers!!
Any advice would be appreciated, although after almost 5 years I reckon the keys would have to prized from my fingers!!
They are a great car but a lot of sellers are way out on price, £10,995 is a good price to sell it £12,995 is I'm hoping that I don't sell it really!!
Remember it's ten years old now, what people put them in adverts for is not what they sell them at. I hope you get what you want but don't fall into the greddy price and just get dreamers looking.
Remember it's ten years old now, what people put them in adverts for is not what they sell them at. I hope you get what you want but don't fall into the greddy price and just get dreamers looking.
Fugster said:
It is a 1999 auto coupe with just below 60k on the clock. I am just trying to get a rough etimate of what it is worth? I have seen some on the classifieds here, but prices seem to vary from 13 - 15k
IMO £10k would be a cheap C5, probably a high mile 1998 car without HUD, and £15k would be a late model. In each case I'm assuming good overall condition with full history. IMO if you can clear £12k in folding money you should feel pleased with yourself. No doubt there are sellers getting out at much lower prices for one reason or another but I'd be reluctant to sell mine "cheap". On the other hand I imagine you can buy a C6 for £20k these days. Most cars lose half their value in the first three years. Apply that to your C5 and it would have been £19k by about 2003 and could easily have halved again over the next 7 years....PS I'm not a trader and can't claim to have my finger on the pulse of current prices. I also have a vested interest in talking up the price of nice C5s! If you tried to trade in a C5 against almost anything I should think it would be a case of "£5,000 on a good day".
You never know perhaps someone from europe would want the car, I guess the euro is still fairly strong!!
Kneetrembler said:
I would try and sell it to someone from one of the other European countries across the water as they do make more money over here, whereas in th U.K. people only want to pay peanuts
Thanks for your view, I am not really desperate to sell, but if I was to part would like to ensure I don't price it ridiculously!! As you mentioned I would imagine if I traded it the trade in value would be laughable!! They really are excellent cars and would struggle to replace it with something as fun and reliable!
PS I'm not a trader and can't claim to have my finger on the pulse of current prices. I also have a vested interest in talking up the price of nice C5s! If you tried to trade in a C5 against almost anything I should think it would be a case of "£5,000 on a good day".
5 USA said:
Fugster said:
It is a 1999 auto coupe with just below 60k on the clock. I am just trying to get a rough etimate of what it is worth? I have seen some on the classifieds here, but prices seem to vary from 13 - 15k
IMO £10k would be a cheap C5, probably a high mile 1998 car without HUD, and £15k would be a late model. In each case I'm assuming good overall condition with full history. IMO if you can clear £12k in folding money you should feel pleased with yourself. No doubt there are sellers getting out at much lower prices for one reason or another but I'd be reluctant to sell mine "cheap". On the other hand I imagine you can buy a C6 for £20k these days. Most cars lose half their value in the first three years. Apply that to your C5 and it would have been £19k by about 2003 and could easily have halved again over the next 7 years....PS I'm not a trader and can't claim to have my finger on the pulse of current prices. I also have a vested interest in talking up the price of nice C5s! If you tried to trade in a C5 against almost anything I should think it would be a case of "£5,000 on a good day".
The Europeans in general don't like anything north of Watford because they think England is mapped out on the same scale as the whole of the continent,which makes it around 3000 miles long ! They also like cars with 35k or less on the clock.
The French are very courteous however it pays to speak French as misunderstandings (real or imagined) are rife.
The French are very courteous however it pays to speak French as misunderstandings (real or imagined) are rife.
v8yea said:
The Europeans in general don't like anything north of Watford because they think England is mapped out on the same scale as the whole of the continent,which makes it around 3000 miles long ! They also like cars with 35k or less on the clock.
The French are very courteous however it pays to speak French as misunderstandings (real or imagined) are rife.
I have never found that with the Germans as they drive cars with mileages on that any Brits wouldn't even pass the time of day for.The French are very courteous however it pays to speak French as misunderstandings (real or imagined) are rife.
Kneetrembler said:
I would try and sell it to someone from one of the other European countries across the water as they do make more money over here, whereas in th U.K. people only want to pay peanuts
the prices are dropping on this side of the pond tooand asking prices aren't the money you'll get for it
don't forget that the pound/euro isn't 1:1 and there is something like import taxes
a decent '99 vette will cost about € 3000 more before it's on a german or dutch plate
a '99 c5 go's for about € 17000 if you can find someone for it (and you won't)
rens
Rens914 said..
the prices are dropping on this side of the pond too
and asking prices aren't the money you'll get for it
don't forget that the pound/euro isn't 1:1 and there is something like import taxes
a decent '99 vette will cost about € 3000 more before it's on a german or dutch plate
a '99 c5 go's for about € 17000 if you can find someone for it (and you won't)
rens[/quote]
Looks like Europe is not the Shangri-La for dealers that
everyone assumes........
the prices are dropping on this side of the pond too
and asking prices aren't the money you'll get for it
don't forget that the pound/euro isn't 1:1 and there is something like import taxes
a decent '99 vette will cost about € 3000 more before it's on a german or dutch plate
a '99 c5 go's for about € 17000 if you can find someone for it (and you won't)
rens[/quote]
Looks like Europe is not the Shangri-La for dealers that
everyone assumes........
Edited by v8yea on Wednesday 17th February 09:25
v8yea said:
The Europeans in general don't like anything north of Watford because they think England is mapped out on the same scale as the whole of the continent,which makes it around 3000 miles long ! They also like cars with 35k or less on the clock.
The French are very courteous however it pays to speak French as misunderstandings (real or imagined) are rife.
Can imagine that Aberdeen is considered next to the North Pole...;)The French are very courteous however it pays to speak French as misunderstandings (real or imagined) are rife.
So looks like Europe is a no go for selling a corvette! I think it is funny regarding mileage, although my car has covered almost 60k it still feels and drives like a far younger car, I guess it is just a mental thing and to be honest I am a bit the same, although I know these cars are far less problematic if you drive them regularly.
I sold my 2001 C5 coupe about six months ago. I had very little interest from buyers in the UK but loads from Europe (dealers and private). Had e-mails from France, Germany, Holland, even one from the Ukraine! I initially resisted the guys contacting me from the continent because I thought it would be too much hassle selling overseas. But having become disillusioned with the market in the UK (just idle interest and tyre-kickers) I eventually sold to a dealer in Sweden. Got more for the car than I would have selling to a UK dealer, and the whole transaction (money transfer and collection of the car for export) was completely painless. Pleasant chap to deal with and no problem with language - he spoke perfect English, as did all the others I spoke to overseas.
So don't be put off if you have no joy selling in the UK. As for price, I expect you would struggle to make £13k anywhere, and £11k - £12k might be more realistic.
So don't be put off if you have no joy selling in the UK. As for price, I expect you would struggle to make £13k anywhere, and £11k - £12k might be more realistic.
My view is that it doesn't matter what you ask, there has to be a keen buyer looking for one at that time.
Back in 1994, I paid £7000 for my first Vette, a 9 year old 53000 mile C4 in far from pristine condition. Even then, that was cheap, with better examples advertised for £9k.
I think the Corvette C5 is far more high profile these days and will make some buyer's radar but, at least on PH, they are still looking for manuals. Half the problem is that people don't think about a Corvette when looking for a new car. if someone wants one, they will pay for one.
In that vein, i don't think making the car cheap will necessarily cause it to magically sell. You're better off advertising it in Classic American and American car World. If I was looking for a Corvette now, I would expect a 13k price average. Sure, you can get a TVR cheaper but that's a lot more risky.
Of course, as a buyer, i'd still be starting at £10k and seeing how low you'd go but negotiation and haggling has always been a big part of selling American cars without a true (and arbitrary) market value.
The best price is generally achieved taking it to Billing or a similar show. Most people with an interest in these cars just need the temptation to tip them into buying.
Back in 1994, I paid £7000 for my first Vette, a 9 year old 53000 mile C4 in far from pristine condition. Even then, that was cheap, with better examples advertised for £9k.
I think the Corvette C5 is far more high profile these days and will make some buyer's radar but, at least on PH, they are still looking for manuals. Half the problem is that people don't think about a Corvette when looking for a new car. if someone wants one, they will pay for one.
In that vein, i don't think making the car cheap will necessarily cause it to magically sell. You're better off advertising it in Classic American and American car World. If I was looking for a Corvette now, I would expect a 13k price average. Sure, you can get a TVR cheaper but that's a lot more risky.
Of course, as a buyer, i'd still be starting at £10k and seeing how low you'd go but negotiation and haggling has always been a big part of selling American cars without a true (and arbitrary) market value.
The best price is generally achieved taking it to Billing or a similar show. Most people with an interest in these cars just need the temptation to tip them into buying.
rens914 said:
Kneetrembler said:
I would try and sell it to someone from one of the other European countries across the water as they do make more money over here, whereas in th U.K. people only want to pay peanuts
the prices are dropping on this side of the pond tooand asking prices aren't the money you'll get for it
don't forget that the pound/euro isn't 1:1 and there is something like import taxes
a decent '99 vette will cost about € 3000 more before it's on a german or dutch plate
a '99 c5 go's for about € 17000 if you can find someone for it (and you won't)
rens
The same here in Spain it will cost you € 2000 to transfer onto Spanish plates if you do it yourself, more if you use a Gestor.
I did see a couple of C5's sell here for good money but that was 1 year ago and a lot has happened in that time.
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