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Discussion Starter #3
It's still a lot of depreciation!
 

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The auction has 5 days to go, and the serious bidders haven't bid yet.

That is very close to what I would consider the wholesale price to be for a one year old car with 12,000, given an original cost of $48,000. I would be shocked if it went much higher.

Hey no one said a new car was going to be a good investment. /phpBB/images/smiles/icon_biggrin.gif
 

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Check the VIN#...one of the early ones that may or may not being thirsty of oil.....Hopefully not!!

Cya at the Forum gathering in BG!!! Stopping by Campbell Chevy while I am in town to see how the Z06 order is doing!! /phpBB/images/smiles/icon_biggrin.gif

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Deposit on 2002 MY Z06 W/Modified Red/Black Interior-First on Campbell Chevy(Bowling Green,KY)list!! Due in late July!
 

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$42,000? Not too bad - as others said there's a lot of time left and it's got 12,800 miles. I wouldn't expect it to go over $45,000
 

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$42k - but that's only after *1* bid.. Like was said above, you probbaly won't see real movement 5 days away from close..
 

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Most of the ones with reasonable mileage have been going for $45-46k on Ebay lately. Not too bad considering that I got mine for $47,710 new, plus 8 free oil changes, 7 months ago. I now question the value the GM oil changes /phpBB/images/smiles/icon_rolleyes.gif, but I digress. The problem is that 12,800 miles is about 3 years worth of mileage by typical Corvette standards. I say he would be lucky to give that car away. I spent $3k on a beater as my daily driver to avoid 5k in depreciation due to mileage, not to mention it is hard to sell a high mileage collector/sports car. /phpBB/images/smiles/icon_wink.gif If you want to use it as a daily driver, expect to take a big hit in the wallet. A substantial increase in price for the '02 would be nice and would really help resale though.
 
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