A Florida Corvette dealer got a lesson in how differently CarMax and the enthusiast market value the same car. Craig, who runs the YouTube channel Flying Wheels, brought a 2018 Chevrolet Corvette Z06 with 650 supercharged horsepower and 20,000 miles to a CarMax store after weeks of trying to sell it elsewhere.
The car had already struck out at a dealer auction, where the top bid came in at $55,500, roughly what Craig paid for it. He believed a cosmetic fix could change its fortunes before CarMax put a number on it.
Craig suspected the Z06's factory wheels, which he called ugly and out of place on an otherwise clean, low-mile car, were scaring off buyers at auction. He considered wheels from the C7 Z06 but its wider factory body uses different offsets, so the standard Corvette wheels sit too far inboard and leave awkward gaps.
He found a set of Z06-specific wheels and tires on Facebook Marketplace near Fort Lauderdale and negotiated the price down from $800 to $750 with a coin flip, settling the last fifty dollars on the spot.
Once installed, the new wheels filled in the gaps between tire and fender that the factory setup left exposed. Craig said the change was dramatic enough that a buyer "can't really pick it apart anymore," calling the car ready for sale once detailing and photos were done.
Before heading to CarMax, Craig pulled the car's VIN to check third-party pricing guides. He found a low-end auction value of $59,000 and a Manheim Market Report figure, a wholesale benchmark used across the dealer trade, of $64,900.
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