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Visit these
3 following web sites to see Corvettes for sale pricing |
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My latest visit to EBay Motors revealed over 800 Corvettes for
sale. As I visited some other “Corvettes for Sale”
web sites I also noticed a large quantity of Corvettes there too.
The local newspapers and AutoTrader here have many Corvettes for
sale too. With this many Corvettes for sale, it does appear to
be a great time to be a serious buyer. |
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One has to wonder about this question. Does the younger crown
desire to someday own a Corvette? A better question may even be
“Do younger folks feel they may ever be able to afford one?”
And today there is greater competition for the youth market from
domestic sports cars and those from Japan and Germany. Go to any
local car cruise and see where the young folks gather. And don't
forget the impact of the truck and SUV market either. |
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Sure there are very rare models that command top dollar. But
these models are very scarce and those who have the necessary
cash are in the driver's seat whenever it comes to price negotiations.
Money seems to be very tight today for the average person and
many may be postponing buying that secondary pleasure sports car.
This same phenomenon occurred in the 1980's and lasted for about
10 years. Many buyers speculated on future prices and were very
disappointed as prices suddenly feel for no apparent reason. |
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If you visit corvetteforum.com
and look at the Corvettes for sale sections, you will notice that
most Corvettes are not selling for the prices many sellers had
hoped for. Nice ZR1's are going in the low $20,000 range, 1970
Corvettes are plentiful for under $10,000, and C5's have dipped
below $20,000 too. Many sellers have had few if any prospective
buyers contact them. many average equipped C3's and C4's have
dipped below $10,000. |
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My advice is to hang in there and be patient. Your qualified
buyer is probably out there looking but it just may not be the
right time to part with your Corvette. Pricing trends change and
better times may be ahead for Corvette prices. If you can, just
drive and enjoy your Corvette until market conditions improve.
Many folks mistakenly think that Corvettes are investments which
will appreciate in their future ownership. Some may be, but why
not just enjoy driving the world's greatest sports car, instead
of fretting over current market conditions. I already have decided
to hand my pristine 1987 Corvette convertible down to my son rather
than to deal with the annoyances of selling it. And then I may
be able to upgrade to that new C6 I am really beginning to like.
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