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Old 06-14-2005, 03:19 AM   #1 (permalink)
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Value of C5ZO6 w/ C6ZO6 price out?

What will happeen to the value of the C5ZO6 if the average price of the C6ZO6 is about 70k before tax?
Or will the value of the C5ZO6 depend more on performance of the C6ZO6 and buyer willingness towards it than just price?

Last edited by kechen22 : 06-14-2005 at 03:21 AM. Reason: mistake
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Old 06-14-2005, 03:53 AM   #2 (permalink)
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In my opinion Corvettes always level off after a few years and stay strong. My 03 lost value from $49k to $35k in around 2 years, Now I believe its level off, It will be worth low $30k for years IMO, I dont think the new Z06s price will effect much, C4s didnt get much effected by the C5s having almost 50 more hp, at least in the long run, someone correct me if Im wrong...

Put it this way, my car is worth $35k, someone that can afford my Z06 but not a new one is not going to talk me down because the new one only costs $65k, Im not selling my Z06 anyways, I might get one of those base Z06 for $65k is a bargain
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Old 06-14-2005, 05:55 AM   #3 (permalink)
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C5Z prices will level,new Z06 wont hurt older model prices.Actually they're two different cars that are similar in name and heritage.
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Old 06-14-2005, 06:24 AM   #4 (permalink)
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HMMM: I was thinking this way. The original Z06 has the name and nothing to apologize for in the performance department. And, it really is fairly similar to the new car. So, I was thinking that $70K for the new one will enhance the resale value of the C5 - Z in comparison to other C5 models. I guess time will tell....
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Old 06-14-2005, 06:44 AM   #5 (permalink)
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I will let you know next year when a few of them are on the road and we see what is actually does to the price of ours.


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Old 06-14-2005, 08:51 AM   #6 (permalink)
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Most dealers will be marking up 5-10k out here, if not ordered. $72+5-10+$7,000 in fees.
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Old 06-14-2005, 11:19 AM   #7 (permalink)
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What do the 7 thousand dollar fees include?
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Old 06-14-2005, 12:14 PM   #8 (permalink)
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Old 06-14-2005, 12:18 PM   #9 (permalink)
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The C5Z's performance and price is much closer to the C6 coupe than the C6Z. I think for the average buyer, those are the two choices they will be debating until the C6Z's start showing up on used car lots. The C5Z prices already took a hit from the C6 coming out. I don't think the C6Z will have any affect on it. Normal depreciation for the next couple of years, then it will level out.
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Old 06-14-2005, 12:20 PM   #10 (permalink)
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Quote:
Originally Posted by TransAm12sec
What do the 7 thousand dollar fees include?
Probably taxes... Here in California it's 8.25% (or is it 8.75% now??? I've seen this new number in a few places...).

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Old 06-14-2005, 02:19 PM   #11 (permalink)
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My guess is that it will increase the value of the c5 Z06
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Old 06-14-2005, 05:36 PM   #12 (permalink)
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Wishful thinking, but the price of the C5 Z06 will not increase when the C6Z comes out.
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Old 06-14-2005, 05:48 PM   #13 (permalink)
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The first zr1's were marked up 100% at first. $120,000
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Old 06-14-2005, 05:52 PM   #14 (permalink)
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Quote:
Originally Posted by Javelin
The C5Z's performance and price is much closer to the C6 coupe than the C6Z. I think for the average buyer, those are the two choices they will be debating until the C6Z's start showing up on used car lots. The C5Z prices already took a hit from the C6 coming out. I don't think the C6Z will have any affect on it. Normal depreciation for the next couple of years, then it will level out.
You are right Javelin.
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Old 06-18-2005, 08:57 AM   #15 (permalink)
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Look what is going to do to viper prices
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