What criteria do you use to determine the fair, good, under and over value of a car?

Asked by Aug 10, 2012 at 11:30 AM about the 2001 Chevrolet Corvette Coupe

Question type: General

My question acrually pertains to all cars you have listed. I can not seem to find on your website how you arrive at your opinions. Please advise.

2 Answers

223,595

Under the "FAQ's" link found on the bottom of the page.....What is the "Instant Market Value"? Put simply, Instant Market Value is the estimated fair retail price for a vehicle based on similar listings in the market. We analyze millions of currently listed and recently sold cars to determine the Instant Market Value for a vehicle based on year, trim, mileage, transmission, options, region and other factors.

105

I have owned 26 corvettes in my life. So the main thing about good, is a good running engine with average miles, good to nice interior. A straight body with a few small flaws, that I myself could fix. I have bought good 1973's that had some wear, but was OK, to be seen in. I once bought a 1967 convertible with no interior, and no paint. It was found in a body shop that a guy dropped off many years ago that added ZL-1 flares, hand made front flares, 6 tail lights , missing the lights, and shaved front parking lights. A friend bought it to get the speed control from it and sold it to me for $3100, this was back in the '80's. I painted it, put new interior in it, new tail lights. It was a gorgeous customized 67 , red with a big block hood with a white stripe. Everybody in Virginia, and North Carolina loved it. I auto crossed and showed it for 4 years, and later sold it for $14,000. Been sorry ever since. Most of my corvettes were new so I didn't have to do anything to them except add loud exhaust , and lots of chrome under the hood. I owned the very first C-5 , 1997, in Richmond, Va. One of the first 500 unveiled to the public. Sorry , I sold both of these cars.

Your Answer

Add photo

Related Questions

Search Chevrolet Corvette Questions

Chevrolet Corvette Experts

#1 John Carson
John Carson
Reputation 2,090
#2 carGrrl
carGrrl
Reputation 1,340
#3 Tom Demyan
Tom Demyan
Reputation 1,230
View All

Related Models For Sale

Used Chevrolet Camaro
282 Great Deals out of 38,308 listings starting at $1,250
Used Ford Mustang
362 Great Deals out of 44,353 listings starting at $1,000
Used Porsche 911
125 Great Deals out of 4,546 listings starting at $8,901
Used Dodge Viper
460 listings starting at $22,000
Used Chevrolet Silverado 1500
2,287 Great Deals out of 155,182 listings starting at $1,395
Used BMW M3
57 Great Deals out of 1,919 listings starting at $2,250
Used Ford F-150
2,693 Great Deals out of 211,512 listings starting at $1,000
Used BMW 3 Series
1,378 Great Deals out of 37,817 listings starting at $1,500
Used Mercedes-Benz C-Class
847 Great Deals out of 32,130 listings starting at $1,200

Used Cars For Sale

2017 Chevrolet Corvette For Sale
3 Great Deals out of 9,685 listings starting at $46,940
2016 Chevrolet Corvette For Sale
10 Great Deals out of 2,154 listings starting at $43,990
2015 Chevrolet Corvette For Sale
24 Great Deals out of 801 listings starting at $38,995
2014 Chevrolet Corvette For Sale
9 Great Deals out of 840 listings starting at $36,998
2013 Chevrolet Corvette For Sale
12 Great Deals out of 385 listings starting at $25,000