View Single Post
Old 07-15-2005, 04:12 PM   #3
RC45
Regular User
 
Join Date: Jun 2003
Location: Texas
Posts: 15,413
Default

That;s true.

But this is all that needs to be said


quote:
--------------------------------------------------------------------------------
Originally posted by KJM3SMG
I'll wait when it drops value by 30-40% in the first 6 months.. hehe...

Z06 and C6 used prices I have now seen for $38k hehehe..

http://www.autotrader.com/fyc/vdp.j...p=y&cardist=588

I've seen C5 Z06s dip below $30k.

Maybe the C6 Z06 will keep value better while demand is high.. but it will drop like a CHEVY.. drop, LIKE A ROCK.
--------------------------------------------------------------------------------


I bought a new 2003 TT X-50 from my local Porsche dealer in Sept. of 2003. My car listed for $144,000. I sold it a year and a half later (two months ago) on Ebay for $95,000. In that year and a half it lost $49,000. My car was in perfect, as new condition with only 9,000 miles on the odometer. I feel I got top dollar for my car as the dealer I bought it from wanted to buy it from me for $85,000. I have bought many new BMW's from them in the past so I believe he was sincere in his offer and statement. I have also watched Ebay for some time and I have not seen another go higher than what I got.

That being said, I could buy a 2006 C6 Z06. Pay list price of $69,000, sell it a year and a half later for $20,000. and still be ahead of the hit to my Porsche. However if I use your example I should be able to sell the Z06 for $48,300 at your 30% hit. That leaves a total loss of $20,700. This means that I would loose less than half the amount buying this piece of crap Chevy than I did on my Porsche, the finest car made.

Thanks for your post, I'm going to buy the C6 Z06 and just have fun.


__________________
2003 TT X50
Followed by this

I will be happy to park a new Z06 next to my CGT. The car is a tremendous performance value and I like the heritage the Corvettes have generated over the years. I enjoy going to Corvette shows and looking at all the Corvette history.

I am proud GM, Ford and Dodge are still producing American muscle that competes with the European supercars.

And if GM produces the 600HP supercharged blue devil I'll gladly buy one of those as well. I own cars to please only myself. That's my demographic.

But I agree with those who don't like the styling. No matter how hard I try I just don't like it. I was hoping for a retro/modern style like the old 67 Vettes similiar to the new mustang concepts.


__________________
Life ain't no dress rehearsal

05 CGT
05 GT2

RC45 is offline   Reply With Quote