Z06Vette.com Z06Vette.com

Go Back   Z06Vette.com - Corvette Z06 Forum > C6 Z06 Specific Topics > C6 Z06 - Grandstand
Register Home Forums Gallery Active Topics Search Today's Posts Mark Forums Read Casino

       
Z06Vette.com is the premier Corvette Z06 forum on the internet. Registered Users do not see the above ads. Please Register - It's Free!


Reply
 
LinkBack Thread Tools Display Modes
Old 07-17-2008, 06:38 AM   #1 (permalink)
Z06 Member
 
DarthVette's Avatar
 
Join Date: Jan 2008
Location: Northern Virginia
Posts: 55
Trade-in Value

Given that my ZR1 will be in-bound shortly, I have begun gathering numbers on my '08. $52K on the low end, $58.5K at the top. Interesting given that my car is a 3LZ with right at 7,100 miles, originally purchased in December. I knew the car would take a hit in the first year, but near 20% is pretty dramatic (though no where near depreciation on exotics.)

Anyone seeing better/worse numbers on their '08?

-DV
__________________
DarthVette is offline   Reply With Quote
Sponsored Links
Advertisement
 
Old 07-17-2008, 07:17 AM   #2 (permalink)
Moderator
 
jub jub's Avatar
 
Join Date: Feb 2003
Location: Central Georgia
Posts: 14,841
Lifetime Premium Member
Re: Trade-in Value

I would think for a 3LZ you should expect 60 or better. But, it boils down to what ever the market will bare and at the moment, it's not much.

Are you wanting to sell? I think a black Z is down right sexy!
__________________

Sig by wvphoto!
Harmonize yourself with reality, you will experience a sense of peace and freedom, and if you don't, you will experience the wrath of jub jub.

Last edited by jub jub : 07-17-2008 at 07:21 AM.
jub jub is offline   Reply With Quote
Old 07-17-2008, 07:34 AM   #3 (permalink)
Z06 Member
 
DarthVette's Avatar
 
Join Date: Jan 2008
Location: Northern Virginia
Posts: 55
Re: Trade-in Value

Quote:
Originally Posted by jub jub View Post
I would think for a 3LZ you should expect 60 or better. But, it boils down to what ever the market will bare and at the moment, it's not much.

Are you wanting to sell? I think a black Z is down right sexy!
I would tend to agree, but think that the market is hammering most anything that doesn't have 4 cylinders and 38 mpg.

Yea, it is a great car (in a great color), but will have to go to make room for the ZR1. I have a friend who says he will buy, so, I should be ok.
DarthVette is offline   Reply With Quote
Old 07-17-2008, 05:22 PM   #4 (permalink)
Z06 Pilot
 
Join Date: Jul 2004
Location: Palm beach,Florida
Posts: 811
Re: Trade-in Value

That is not very encouraging. I have seen 06's on ebay for 55,000 so I thought we would be in the 60's w/ an 08. I recently thought of selling and backed out of the idea because I'm not willing to give away that much so soon. I'm holding on but I'm not moving up to a ZR1 either. I have a friend who is moving into a Porsche 911 and they took his trade now before his car is even ordered. He is still 5-6 mnths from getting his car and they have had his car for over a mnth. He felt it was safe to lock in his #'s in case things get worse. Is that an option for you w/ the ZR1?? Then you wouldn't lose the tax advantage.
seamus2154 is offline   Reply With Quote
Old 07-17-2008, 08:45 PM   #5 (permalink)
Z06 Master
 
Join Date: Jan 2004
Location: Los Angeles
Posts: 7,126
Try to get $56k and up. Too bad their value is so low. You win some and you lose some.
__________________
2003 Z06 - Tint | C6 Z06 Shifter w/Knob | GHL 2-Tip Magnums | Z06 Exhaust Plate | Hood Seal | Zip-Tie Intake | 1-4 Shift Defeat | NGK TR 55s | Nitto 555 RIIs. My BPP Shifter Broke In Two!!

Bad Slave Cylinder = New Clutch
ZO6 AL-X is offline   Reply With Quote
Old 07-26-2008, 05:56 AM   #6 (permalink)
Z06 Authority
 
Join Date: Dec 2001
Location: brsitol,tn
Posts: 1,418
Re: Trade-in Value

Quote:
Originally Posted by DarthVette View Post
Given that my ZR1 will be in-bound shortly, I have begun gathering numbers on my '08. $52K on the low end, $58.5K at the top. Interesting given that my car is a 3LZ with right at 7,100 miles, originally purchased in December. I knew the car would take a hit in the first year, but near 20% is pretty dramatic (though no where near depreciation on exotics.)

Anyone seeing better/worse numbers on their '08?

-DV
Keep the Z06 and wait a year for the ZR1 to drop in price and you'll get feed back also on the car. Time is on your side.
__________________
Z06vette.com,NCRS/NCM
61,64,67,76,87,90,90ZR1,2002 Z06 QS,2003 Z06 BLK.
2006 2LZ LeMans Blue Z06.
65 GTO,69 Z/28,70 1/2 Z/28,
70 442,74-76 HD XLCH Sporsters.
george is offline   Reply With Quote
Old 07-26-2008, 06:08 AM   #7 (permalink)
Junior Member
 
Join Date: Oct 2007
Location: NC
Posts: 15
Re: Trade-in Value

I just traded a similar '08 ZO6 with 6,800 miles, and got $60K for it. Trade-ins are tricky, but I think this is a real number. I had previously negotiated $6K off the sticker of the new car, so I believe this is a pretty fair example of what you might expect. I advertised it for a month at the same price and did not receive a single inquiry.
elh0102 is offline   Reply With Quote
Old 07-26-2008, 08:26 AM   #8 (permalink)
Z06 Pilot
 
Join Date: Nov 2001
Location: Overland Park, Kansas (kansas city)
Posts: 986
Re: Trade-in Value

I have been shopping for a new Z for a couple of weeks now. Since most any dealer will sell a new 08 Z for invoice and some selling for GMS (about $3K below invoice) it drags the price of our used cars down. Good for people buying but not for people selling or trading in.
Also the base price for the 09s went up about $2K. Of course the prices they are asking for the ZR1s right now are

2008 Corvette Z06 Sale at Les Stanford Chevrolet Cadillac---You pay what we pay!
__________________
SOLD 2002 Z06 Millenium Yellow/black. All options except museum delivery & BSM

2008 Z06 2LZ Victory Red/Ebony

Last edited by Terry S : 07-26-2008 at 08:29 AM.
Terry S is offline   Reply With Quote
Sponsored Links
Advertisement
 
Reply


  Z06Vette.com - Corvette Z06 Forum > C6 Z06 Specific Topics > C6 Z06 - Grandstand



Currently Active Users Viewing This Thread: 1 (0 members and 1 guests)
 
Thread Tools
Display Modes

Posting Rules
You may not post new threads
You may not post replies
You may not post attachments
You may not edit your posts

vB code is On
Smilies are On
[IMG] code is On
HTML code is Off
Trackbacks are On
Pingbacks are On
Refbacks are On

Similar Threads
Thread Thread Starter Forum Replies Last Post
For Trade: 456rwhp Cartek '00 FRC - will trade for Stock Z06 BillY2KFRC Member Sales - Parts & Cars 0 11-05-2004 08:15 AM
03 TR Z06 FS/Trade Z06-Dave Member Sales - Parts & Cars 0 09-23-2004 10:34 AM
Trade in value? Pbalias C5 Z06 - Grandstand 15 01-31-2003 07:07 PM
FOGLIGHTS for trade BRAND new trade for screen or vents L@@K YellowC5 Member Sales - Parts & Cars 0 09-28-2002 09:26 PM
What would you trade off....would you trade off slower top end speed for faster 0-60 Z06BANDIT The Garage 20 12-17-2001 01:20 PM

Links

» Log in
User Name:

Password:

Not a member yet?
Register Now!
» Wheel & Tire Center


» Search Used Cars
Search for used vehicles by ZIP, please enter Zipcode below:
Sponsors

Powered by vBadvanced CMPS v3.0 RC1

All times are GMT -7. The time now is 08:55 AM.

Powered by vBulletin® Version 3.6.7
Copyright ©2000 - 2008, Jelsoft Enterprises Ltd.
Search Engine Optimization by vBSEO 3.1.0
  • AutoForums.com
  • Truck
  • European
  • Import
  • Domestic
  • Manufacturer

AutoForums.com is the premier network of enthusiast-owned enthusiast-operated automotive communities.
We operate more than 100 automotive forums where our users consult peers for shopping information and advice, and share experiences and opinions as a community.

Visit AutoForums.com today.

For advertising information, please visit our AutoForums.com website and Contact Us, or send an email message to sales@autoforums.com.