2003 Cobra sale value

Black Gold 380R

Multiple SVT Collector
Established Member
Joined
Feb 28, 2008
Messages
5,585
Location
El Paso, TX
This is the cold, harsh reality. As soon as an accident shows up on a carfax......right or wrong, the value is diminished. Doesn't matter if it was minor and repaired flawlessly.....there is a devalued factor to that car. You have to factor that into the price OR YOU will be the one taking the hit down the line. It never washes off no matter how many times you give it bath.

And I do understand that C6. My Dad purchased a brand new car that had a scratch from the dealer. They painted the fender and he said it did not match. Then they tried to blend the fender and it still did not match. So, my Dad told the dealer to give him a different car because he was not happy with the paint job. So, I get peoples perceptions of cars than have been repaired.

My only point was I thought the devalued factor presented was a bit too high for said "minor" damage. Going from 23K to 19K might be fair, but I thought going from 23K to 15K was a little to much just based on what the OP said. 23K to 19k for "object" damage might be considered reasonable. Going from 23K to 15K is more along the lines of accident type of damage IMO.

However, like a lot of things in the car world, this is subjective. I'm okay buying a car that has been repaired well. On the other hand, my Dad won't even consider buying a car that has been repaired no matter how minor it may have been because of his experience with the dealership.
 

c6zhombre

E85 NutSwinger
Established Member
Joined
Sep 14, 2008
Messages
5,430
Location
League City, TX
And I do understand that C6. My Dad purchased a brand new car that had a scratch from the dealer. They painted the fender and he said it did not match. Then they tried to blend the fender and it still did not match. So, my Dad told the dealer to give him a different car because he was not happy with the paint job. So, I get peoples perceptions of cars than have been repaired.

My only point was I thought the devalued factor presented was a bit too high for said "minor" damage. Going from 23K to 19K might be fair, but I thought going from 23K to 15K was a little to much just based on what the OP said. 23K to 19k for "object" damage might be considered reasonable. Going from 23K to 15K is more along the lines of accident type of damage IMO.

However, like a lot of things in the car world, this is subjective. I'm okay buying a car that has been repaired well. On the other hand, my Dad won't even consider buying a car that has been repaired no matter how minor it may have been because of his experience with the dealership.

I hear you. I wasn't trying to get into the exact $$$ of this car, just talking in general terms. I won't even attempt a value guess without pictures of the car, color, area of country, paint condition, mechanical condition.......etc.....so many unknowns here. But yes, I do agree going 23 to 15 is most likely too drastic.

Like most things in life, the real $$$ figure usually resides some where in the middle.
 

Mack Verde

Active Member
Established Member
Joined
Feb 26, 2015
Messages
113
Location
United States
That's the car in question! Thanks for the insight...I think I'd be a happy buyer at $17,500-18,000 (cash no checks, seems a lot of sellers run into people with bank funding vs cash buyers) which seems to be a fair price considering the "moderate damage" and that he's had it for so long which is a boost to value.
 

ITSTOCK

Well-Known Member
Established Member
Joined
Sep 9, 2004
Messages
1,782
Location
wv
I think you'd be WAY better off buying a clean title car, exactly the same as that one, for $18-20k. The branded title cars will continue to depreciate, while a clean title is going to stay relatively stable. There is one reason to buy something with a "moderate" accident or any kind of history; if it's a killer deal. $12-15k would be a buy it price for that car, assuming everything checks out.

There are plenty of clean title silver cobra's out there for sale if that's what you want. Don't settle for that one unless you get it for a great price.
 

Users who are viewing this thread



Top