Topic: c4s value
in Forum: General C4VR Chit-Chat
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do you think that c4s are worth more today than a year ago? i've been watching the values on all c4s looks like there starting to go up. what do you think?
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jonneyone said:
do you think that c4s are worth more today than a year ago? i've been watching the values on all c4s looks like there starting to go up. what do you think?
I haven't noticed it, at least not around here in the SF bay area. Asking prices seem pretty static when compared to a year ago. Of course, I have no way of knowing if prices paid have dropped or remained static as well.
I've actually noticed a drop in C4 ZR-1 asking prices. I've seen a couple relatively low mileage ones of these for around $20K. Only the mighty C4 Grand Sport seems to be going up in price around here, and maybe only just a bit!
I think prices are definitely dropping for C5's and C6's. For example, over the summer, there was a 2003 black Z06 with around 28K miles on it, available from a dealership, with an asking price of $32K. I was interested, test drove it and negotiated. The dealer would only move down to about $31K and wasn't offering me fair value for my trade-in. I told them it was overpriced, but they wouldn't budge. Finally, after a couple of months, they started dropping the price. Then after about a month of more price drops, it got down $24K and it sold.
It's definitely been a buyer's market around here for the past couple of years.
|UPDATED|10/22/2012 7:46:09 PM (AZT)|/UPDATED|
1996 LT4 Collector Edition
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Vette(s): 1985 Coupe-L98/Auto,Bright Red/Carmine.
1974 Coupe-L48/4speed, Medium Red Metallic/Black Deluxe.
The market for '84-'96 Corvettes is fickle....unless it is an uncommon car, such as the Grand Sport, Callaway,, or something like that, the prices are just not up where they were. There's just too many choices, and it's not worth taking a chance on a higher mileage car when you can get a lower mileage car that has been pampered for just a few dollars more. Compounding this is the fact that a LOT the C-5 generation cars are basically a dime-a-dozen, lots of folks are simply skipping over the C4 generation, going for the presumed better performance/handling of the C5.
You gotta also take into consideration that a lot of the C4 cars were rode hard and put up wet, and just not taken care of very well in general. Most of them have had some sort of modifications that just do not sell to the public very well, in general.
Will the C4 cars ever be the darlings of the Corvette world? Prolly not, but who knows? Time will tell. Until then, we can all enjoy the ones we have.
You gotta also take into consideration that a lot of the C4 cars were rode hard and put up wet, and just not taken care of very well in general. Most of them have had some sort of modifications that just do not sell to the public very well, in general.
Will the C4 cars ever be the darlings of the Corvette world? Prolly not, but who knows? Time will tell. Until then, we can all enjoy the ones we have.
Joel Adams 
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"Money can't buy happiness -- but somehow it's more comforting to cry in a CORVETTE than in a Kia"
I would agree that the market for C4s is fickle. Up here in the north, the market for all special interest/classic cars is not good. Anyone looking to buy is not willing to pay much for anything, even for one in good shape with low mileage.
I hope things turn around next spring for the sake of the sellers. In the meantime, I still enjoy my '86 and it still gets good comments from others.
I hope things turn around next spring for the sake of the sellers. In the meantime, I still enjoy my '86 and it still gets good comments from others.
Corvette Magazine has a market report in every issue that trends prices. A different generation or specialty slice is featured each month. I don't recall when the last C4 market report was but look for it. It is real informative (IMHO).
Jim Olson
"
I've been tracking the '84's on NADA guides and they've gone down about 3 - 5K in the last year....
http://www.nadaguides.com/Classic-Cars
http://www.nadaguides.com/Classic-Cars
Remember, there's no place like ~ ;)
Be patient. Wait another 30 years and you won't be disappointed. They'll be as valuable as C2s.
Rarely indicted, never convicted
Norsky said: Corvette Magazine has a market report in every issue that trends prices. A different generation or specialty slice is featured each month. I don't recall when the last C4 market report was but look for it. It is real informative (IMHO).
Corvette magazine, aside from usually not arriving in my mailbox and them giving atrocious customer service for that, usually has (imo) their prices over-stated, for all generations.
That having been said, if memory serves, their most recent C4 price guide showed a fairly good sized drop in C4 prices over the last year. Even with the drop, they showed them to be of higher value than I believe them to be, which is only based on keeping up with various internet asking prices (CL, Autotrader. Yahoo, etc.)
1996 LT4 Collector Edition
Adams' Apple said: The market for '84-'96 Corvettes is fickle....unless it is an uncommon car, such as the Grand Sport, Callaway,, or something like that, the prices are just not up where they were. There's just too many choices, and it's not worth taking a chance on a higher mileage car when you can get a lower mileage car that has been pampered for just a few dollars more. Compounding this is the fact that a LOT the C-5 generation cars are basically a dime-a-dozen, lots of folks are simply skipping over the C4 generation, going for the presumed better performance/handling of the C5.
You gotta also take into consideration that a lot of the C4 cars were rode hard and put up wet, and just not taken care of very well in general. Most of them have had some sort of modifications that just do not sell to the public very well, in general.
Will the C4 cars ever be the darlings of the Corvette world? Prolly not, but who knows? Time will tell. Until then, we can all enjoy the ones we have.
You gotta also take into consideration that a lot of the C4 cars were rode hard and put up wet, and just not taken care of very well in general. Most of them have had some sort of modifications that just do not sell to the public very well, in general.
Will the C4 cars ever be the darlings of the Corvette world? Prolly not, but who knows? Time will tell. Until then, we can all enjoy the ones we have.
I agree with what you're saying. Although, I think the C5's have been treated just as poorly by their owners as the C4's! I've seen a lot of very high mileage ones available on the cheap.
Low mileage Vettes, going back to late C3's seem to still be showing healthy asking prices, but who knows what they're actually selling for, assuming they sell at all. High mileage examples of recent generations all seem to be relatively cheap.
Even C6's are dropping in value. I think some are unloading them in anticipation of the C7, although I think it's a bit early for that. Maybe some are unloading their C6's very early, trying to avoid the potential glut in the used C6 market when the C7 finally does come out? Too early, imo.
Anyway, I guess I'm saying that unless we're talking about early C3's or older (pre 1972), all Vettes (other than those types we've mentioned, like the GS, Calloway, etc.) are still taking a hit in value.
1996 LT4 Collector Edition
well the c4s may not come up in value at this time, heck just about every colector car out there has taken a hit. untill this economy get's turned around nothing is worth as much.
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