How to Price a Used Corvette

Determining the accurate value of a car will help make the difficult task of purchasing the right car a bit easier. A seller may ask more for a vehicle because they have an emotional bond with the car. Buyers can be manipulated by a strong sales person authoritatively telling them what a car is worth. The key for both the buyer and seller is to determine the approximate value of the vehicle before beginning negotiations. Corvettes are treasured by many, and this makes the research even more important to ensure a fair value is reached.

Instructions

1

Open a web browser and go to Edmunds.com

2

Click on the link labeled "Used Cars." Enter your ZIP code in the text entry box. Prices vary by geographic region, and this will ensure an accurate price appraisal. Click on the link labeled "Appraise."

3

Select "Chevrolet" as the make of care and then click on the year of the Corvette to price. Next, select the model as "Corvette" and the body style, which will be a convertible or coupe.

4

Input the color of the vehicle, mileage and options on the next screen. It is very important that this information is correct. Next select the condition the car is currently in, with "damaged" the lowest and "outstanding" the highest. Click on the button labeled "Get Pricing Report."

5

In a box labeled "Step 5," three columns, "Trade In", "Private Party" and "Dealer Retail" will be presented with their respective price for the Corvette. Corvettes typically trade between the "Private Party" and "Dealer Retail" prices.