[Docmartin]

For sale is my White 2019 ZL1 1LE M6 with just under 10k miles. I am selling the car because I'm starting an online masters program and would rather pay out of pocket for the program instead of taking on another loan.

I am the original owner of this car and it was purchased in Nov '19. I have complete service records for the vehicle and the 500/1500 oil changes were done. New tires on the car about a month ago, Hankook Ventus. I have an 7 yr extended warranty purchased with the car and is transferable for additional cost.

The car has been well maintained; however, there is a small ding on the passenger side door from someone opening their car door into it and a small scuff on the rear passenger side rim.

Car is located in Raleigh, NC. Asking for $54k for the car without transferring the extended warranty. I am willing to negotiate so please let me know if you are interested. 269.599.5256

[Docmartin]

Price reduced to $54k.

[thecamaroguy]

Bump for a beautiful car

[L99BEN]

Originally Posted by Docmartin

Price reduced to $54k.

Unless you're desparate to sell, I wouldn't take anything under $58k for your car. Market is up right now. $54K would be a steal

https://www.autotrader.com/cars-for-...&numRecords=25

https://www.cars.com/for-sale/search...62520&zc=21076

[Rob360]

Originally Posted by L99BEN

Unless you're desparate to sell, I wouldn't take anything under $58k for your car. Market is up right now. $54K would be a steal

https://www.autotrader.com/cars-for-...&numRecords=25

https://www.cars.com/for-sale/search...62520&zc=21076

If $54k is a "steal" why hasn't it sold?

He reduced the price to $54k more than 5 weeks ago.

[ZL1naples]

Rob360 is right. Five weeks and no deal is not a steal price. Too many on this forum have inflated views of the value of their used vehicles.

[2ltrgsr]

Originally Posted by Rob360

If $54k is a "steal" why hasn't it sold?

He reduced the price to $54k more than 5 weeks ago.

Sadly the economy isn't right for a lot of people to make a purchase like this. But 54k is a great price for that car.

[Staves]

Originally Posted by Rob360

If $54k is a "steal" why hasn't it sold?

He reduced the price to $54k more than 5 weeks ago.

Because stealing is illegal and you'd go to prison.

[Markoz28]

Originally Posted by Staves

Because stealing is illegal and you'd go to prison.

Hahaha!!!

[mlee]

Originally Posted by 2ltrgsr

Sadly the economy isn't right for a lot of people to make a purchase like this. But 54k is a great price for that car.

Actually the market is definitely there. Supply and demand. Supply is way down right now.

[Cjw]

Looks like the car was sold and on cars.com at a dealer in Carolina, 62$ asking price, so 54 was a steal if it’s the same car

[L99BEN]

Originally Posted by ZL1naples

Rob360 is right. Five weeks and no deal is not a steal price. Too many on this forum have inflated views of the value of their used vehicles.

People aren't necessarily inflating values. Kelly bluebook and a quick search on the major classified car websites reveal current market values and its clearly been higher than normal these days. The market was lower than normal 6 months ago. $54k for the OP's car would be well under it's current worth.
Values are up but not everyone is buying given the situation... Advertising on car forums isnt the best either, as people on forums are typically looking for crazy low prices.

[Rob360]

Originally Posted by mlee

Actually the market is definitely there. Supply and demand. Supply is way down right now.

Demand is down too because of the bad economy, so it's mostly a wash.

[Zee_Ohh]

Originally Posted by Rob360

Demand is down too because of the bad economy, so it's mostly a wash.

Demand is only down significantly for cheap cars and people on strict budgets. “Premium sports car” segment has increased in price week over week for a couple months. to the point where banks were not lending the full purchase price because it was well over what retail value was. Even last week that segment was up another .4%. I believe over the last three moths its up about 8%. Its probably a pretty big bubble and around the new year the used market will dump pretty hard.