andy_cain
05-08-2004, 08:41 PM
I have noticed several of “96” LT4’s for sale lately.
I have been looking at their values with interest as I have an itch for a used Viper and need the $$$ from my Vette for a down payment.
With that said, I have had my Vette for less than 6 months, bought it from one of the local “Corvette Warehouse” type place.
Since I wanted one in excellent shape and didn’t really want to drive from lot to lot looking for one, I was willing to pay for the “right” car and still wanted a good deal.
I picked mine up somewhere in the $18’s (don’t recall what was car and what was tax/tag/license, ect.) and was please with the deal as I have seen them on the Corvette board before I started looking for about $25K-$29K.
Here is my question:
Should I sell my “96” CE LT4 for $15K ??? (take the “bird in the hand”)
I have a written offer (hint) for $15K that is good as cash in the hand.
I fear the longer I sit on this car the less it will be worth.
I have put a few hundred $$$’s in it in small things like seat covers and K&N and crap like that, but resisted the temptation to mod it out as shortly after I got the car, I found that it wasn’t really what I wanted for either “race” or “show”.
I really want the Viper as the economy seems to force prices of otherwise “out of the reach” items like the Viper down to levels that may be obtainable with some finesse.
Up to this point (past month), I have just been content to leave it in the garage and “wait” on “the right buyer”, but I have had it listed for almost 1 month at the “wait for the right guy (like me)” to come along who will appreciate the car.($19Kish)
Frankly, I don’t know as it matters if the guy that buys your car is going to appreciate it or rag the crap out of it as long as you get paid…. That’s the point I have reached, the car is not being driven, costs me every month for full coverage insurance, gets garaged and detailed every time driven (since it has been for sale) while keeping me just “eying” Vipers and not “Buying”.
That seems to be the good and bad…keeps prices down for buyers…just sux’s to be a seller.
Is that a fair price given the trend of “slow moving” sales?
I found it odd that someone posted that they had only received a call from someone asking if the car was still for sale out of curiosity. The guy wasn’t interested in buying a car, just if the car had sold.
That too is the only call I have had in almost a month at the $19K mark.
I have the car listed in the local Auto Trader at $19,???. And just changed it for next week to $18.950.
It’s boils down to this for me:
The extra $3950 is worth it if I have to hold out another Two weeks to maybe three.
If I had to hold out a month more, I don’t think it would be worth it to me to keep missing “opportunity’s”
I don’t particularly care for the negotiation part of sales, especially if I am on the selling end..(LOL)
Question again:
Take the bird in the hand” or hold out for the “two in the bush”?
I too hate to “give my car away”, but it doesn’t seem too far out of line($$$ wise) in the current market?
Yes:
No:
I have been looking at their values with interest as I have an itch for a used Viper and need the $$$ from my Vette for a down payment.
With that said, I have had my Vette for less than 6 months, bought it from one of the local “Corvette Warehouse” type place.
Since I wanted one in excellent shape and didn’t really want to drive from lot to lot looking for one, I was willing to pay for the “right” car and still wanted a good deal.
I picked mine up somewhere in the $18’s (don’t recall what was car and what was tax/tag/license, ect.) and was please with the deal as I have seen them on the Corvette board before I started looking for about $25K-$29K.
Here is my question:
Should I sell my “96” CE LT4 for $15K ??? (take the “bird in the hand”)
I have a written offer (hint) for $15K that is good as cash in the hand.
I fear the longer I sit on this car the less it will be worth.
I have put a few hundred $$$’s in it in small things like seat covers and K&N and crap like that, but resisted the temptation to mod it out as shortly after I got the car, I found that it wasn’t really what I wanted for either “race” or “show”.
I really want the Viper as the economy seems to force prices of otherwise “out of the reach” items like the Viper down to levels that may be obtainable with some finesse.
Up to this point (past month), I have just been content to leave it in the garage and “wait” on “the right buyer”, but I have had it listed for almost 1 month at the “wait for the right guy (like me)” to come along who will appreciate the car.($19Kish)
Frankly, I don’t know as it matters if the guy that buys your car is going to appreciate it or rag the crap out of it as long as you get paid…. That’s the point I have reached, the car is not being driven, costs me every month for full coverage insurance, gets garaged and detailed every time driven (since it has been for sale) while keeping me just “eying” Vipers and not “Buying”.
That seems to be the good and bad…keeps prices down for buyers…just sux’s to be a seller.
Is that a fair price given the trend of “slow moving” sales?
I found it odd that someone posted that they had only received a call from someone asking if the car was still for sale out of curiosity. The guy wasn’t interested in buying a car, just if the car had sold.
That too is the only call I have had in almost a month at the $19K mark.
I have the car listed in the local Auto Trader at $19,???. And just changed it for next week to $18.950.
It’s boils down to this for me:
The extra $3950 is worth it if I have to hold out another Two weeks to maybe three.
If I had to hold out a month more, I don’t think it would be worth it to me to keep missing “opportunity’s”
I don’t particularly care for the negotiation part of sales, especially if I am on the selling end..(LOL)
Question again:
Take the bird in the hand” or hold out for the “two in the bush”?
I too hate to “give my car away”, but it doesn’t seem too far out of line($$$ wise) in the current market?
Yes:
No: