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Old 04-08-2024, 11:53 AM   #1
EDFHOBBIES
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Wow lost 20k in 1 year.

Many of you know I sold my zl1 for a c8 z06, I got and email Saturday for 35k to buy my car, about 5 sec ago and offer of 32k. I sold it for 55k last April.
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Old 04-08-2024, 12:12 PM   #2
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Mileage is killing the resale value.
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Old 04-08-2024, 01:40 PM   #3
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So you post that because?...
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Old 04-08-2024, 02:17 PM   #4
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Quote:
Originally Posted by radz28 View Post
So you post that because?...
I miss u guys! The corvette crowds sux hahahaha
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Old 04-08-2024, 02:22 PM   #5
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They're all 90 years old! Lol
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Old 04-08-2024, 02:29 PM   #6
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They're all 90 years old! Lol
Not so, I'm 48.
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Old 04-08-2024, 02:35 PM   #7
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That seems really low to me.
I did see a 96,000 mile ZL1 go for $45k just before winter.
I mean there are only so many 650hp coupes out there.
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Old 04-08-2024, 02:38 PM   #8
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It could be they just don’t need the inventory and looking to low ball a sucker
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Old 04-08-2024, 02:39 PM   #9
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That does seem low, despite the mileage being high.

That said, pandemic prices are a thing of the past. No sane person is paying those prices, or anywhere near it now. A lot of sellers haven't realized it yet.
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Old 04-08-2024, 02:52 PM   #10
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Prices are coming down because interest rates have pushed the monthly payments out past what most want or can afford on a lot of higher end used cars. So now the 15-25k used market is hot and the 35K + market is slow. <750 credit and no money down, be prepared to pay 14-1500.00 a month for a 65-70k ZL1. 2 years ago you could have financed the same deal for 900.00 a month.
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Old 04-08-2024, 03:08 PM   #11
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I think prices will bounce back if $30s are the current norm; the car has been discontinued after all.
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Old 04-08-2024, 04:04 PM   #12
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Carvana lowballs. They have to because overpaying almost put them out of business. Carmax I bet would pay better. Also with spring here values have risen. Carmax offered me $1,000 more for my 2SS 1LE today versus 1.5 weeks ago.
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Old 04-08-2024, 04:33 PM   #13
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You have to remember that places like Carvana are exactly like dealerships. They are going to low ball you because it's considered a trade in.

I think people tend to forget this but private sale numbers and what dealers are charging are the actual value of your vehicle on the used market.
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Old 04-08-2024, 04:59 PM   #14
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Prices are coming down but that's an insulting lowball offer, otoh dealers are trying to make big-$ on used cars right now. I recently had a dealer offer me $5k less than KBB trade-in value on my BMW, trade in for your car is $36-41k, but $41 seems optimistic.

https://www.kbb.com/chevrolet/camaro...ubintent=trade
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