Whats it worth?

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  #1  
Old 05-19-2012 | 08:17 AM
nickb123's Avatar
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Default Whats it worth?

I've decided to sell my 1998 V6 Camaro to buy a 98-02 Z28 or SS. Here is my ad on Craigslist

1998 Chevy Camaro

Do you guys thing the price and my description is good? Ive only had one response in the week its been for sale, and they didn't want to look at it because one of the AC hoses has a pin size hole in it.
 
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Old 05-19-2012 | 09:16 AM
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Truthful you are overpriced. These cars have fallen in value in the last two years. I can get a LS1 with just over 100K on it for what you are asking. The v6 market is very limited. Most people that buy a V6 do so because they cannot afford a V8. I did say most. All the mods you list will also reduce the people that are willing to buy the car. Again most people want a headache free car. Dealerships go out of there way so you do not know about replacement engines. It is tuff to convince someone that a motor is super dependable when you have already replaced it once. First thing I notice when I look at your pics is the plug wires are not run right so what else is not right? No one wants a car that was put together by a non-pro at least no one willing to shell out 5K.


Cracked windshield and broken AC line could easily add up to 2K worth of repairs. Problem with the AC line is there is NO way to prove that the AC system works, just your word. By the time an AC repair place replaces the line and the dryer and recharges the system it would be about $500 if they then find the compressor bad after that that can be another $1000. All these mods that we do to make our V6 cars better almost never add value at sell or trade in time, in fact there are a lot of people that will not look at a car that is not 100% as it came from the factory. Cars are worth what people are willing to pay so is there someone that would be willing to pay $4700 for your car? I have no idea but if I ran your car thru a large auto auction it would bring between $1200 $1600. If I was to putting on a lot I would list it at $3999.00 with a new windshield and AC working and a 30 day warranty. If I was buying it from a private party $2500 would be the top without those major items fixed and I would expect it to sit for a while.

Please do not take my comments personally. I have been going to car auction for over 20 years. The above is based on the information you gave and the prices in my area.
 
  #3  
Old 05-19-2012 | 09:43 AM
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Prices seem higher in my area because there is another car just like mine but it a auto, has 150,000 miles and needs ac and brakes. There asking $5000. All the v8s are around 10-12,000 cheapest, and there all autos. So still like the shocks and SS sway bars decrease value? And the exhaust that came off a rs from the factory?
 
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Old 05-19-2012 | 10:18 AM
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Most people do not understand these mods and just see a kid trying to make his V6 faster. If he made it faster he probably drove it faster. They will not add value unless you find someone that is looking for a V6, Problem is not many people look for a v6 they settle for a v6 when they can not aford a V8.

WOW I just checked Kelly blue book a 98 V6 camaro in my area compaired to your area and your right. They sell for almost double! I think you should fix that AC line if you know how to do the work your self find a cheap place to install a windshield and relist it at 5.5K. I would back off listing all the mods and just say meticulous maintained with the best replacment parts on the market. Then when they show up to check it out just say I used Z28 parts instead of V6 parts. That most people will understand. If a Camaro lover shows up then go into detail.

I need to start shipping camaros out to you to sell You should think about a road trip when its time to buy a car.
'00 Camaro Z28 LS1

Here is a 12K LS1 by me. Seems worth the hike.
http://allentown.craigslist.org/cto/3004491543.html
 

Last edited by Gorn; 05-19-2012 at 11:59 AM.
  #5  
Old 05-19-2012 | 11:26 AM
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"the exterior could use quite a bit of work (nothing major)"
Ok, since when is "quite a bit of work" not major? That line right there would make me run away.
In addition to fixing some things on your car, you also need to fix some wording in the ad to make the car sound more enticing.
Is your intake plenum torn, sure looks like it in the pic. Get that fixed, running without an air filter is engine abuse.
Try to fix as many of the small stuff as you can. A car that's in disrepair will give a buyer the impression that you didn't care for it very well.
Not to mention, someone buying a car for a premium isn't necessarily looking for a project.
 

Last edited by Camaro 69; 05-19-2012 at 11:30 AM.
  #6  
Old 05-19-2012 | 05:56 PM
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Ok, thanks for the great advice. I make some changes to the ad, hopefully its better now. Im going to also fix the AC hose and recharge the system. As for as the intake being torn, it must be the sun light that your seeing in the picture. There deferentially is not a hole or anything in it.
 
  #7  
Old 05-19-2012 | 07:17 PM
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I'd suggest putting it on like auto trader or another site that caters to automotive because I've sold quiet a few things on craigslist and maybe its just my area but must people looking on there are looking for a hand out and don't want to pay true value for the item.
 
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