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CORVETTE TODAY #256 - How To Find And Buy The Corvette Of Your Dreams
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Jul 12, 2025
There's a lot of Corvettes I'd like to own. But finding them and buying them right is a completely different story. On this episode of CORVETTE TODAY, your host, Steve Garrett, introduces you to Joey Benjamini, the CEO of Collectible Classics. Joey talks about the best Corvettes to buy, which ones are hot right now and his take on auto auctions and online auctions. Joey is the biggest volume seller of cars on Bring-A-Trailer, so he has a ton of experience in this field and is a true Corvette enthusiast at heart. It's a fun episode! Joey and Collectible Classics could help you find the Corvette of your dreams by checking out this episode of CORVETTE TODAY.
View Video Transcript
0:00
[Music] Welcome to Corvette Today, the show that
0:06
talks about everything Corvette with your host Steve Garrett, lifetime member of the National Corvette Museum,
0:13
president of the Corvette Club of Kansas City, Missouri, and radio disc jockey at the number one radio station in Kansas
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City for over 45 years. Here's Steve Garrett.
0:28
Thanks for listening and watching Corvette Today, the show that talks about everything Corvette and the only
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current podcast dedicated to Corvette. I'm your host, Steve Garrett. I appreciate you tuning in. Corvette Today
0:39
is brought to you by Wheelcraft. Want to dress up your Corvette with bright chrome or black chrome wheels? Visit
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wheelcraft.com and learn about their advanced PVD chrome finishing. They can refinish your wheels or offer a wheel
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exchange for most models, and it comes with a 5-year warranty. Visit wheelcraft.com today or call them at
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833-84-5334. You can listen to Corvette Today on all
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talked about how to finance your Corvette purchase. Today, we're going to talk about how to go about finding and
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purchasing the Corvette of your dreams, Joy Benjamini from Collectible Classics is with me to delve into topics like the
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top mistakes to avoid when buying a Corvette, should you sell or consign your Corvette, and what Corvettes are
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holding the most value today. Joy is also the largest volume seller on Bring a Trailer, so he definitely knows what
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he's talking about. Joey, welcome to Corvette today. Hi, Steve. How are you doing? Thanks for having me on today.
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I'm glad to have you with me. Joey, I always start out with my guests by asking a little bit about themselves.
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Tell me about your childhood. Where did you grow up? Did you come from a car family? Absolutely. So, I'll jump right in.
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Background from me, I grew up in the suburbs of Philadelphia. I wouldn't say per se I came from a car family, but I
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always really was interested in figuring out how things work, taking them apart. I remember as a child I used to get toy
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cars and I used to completely destroy them by disassembling them and I could never put them back together, but I
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would make them into like a toy boat and like put the toy boat in a pond and it would go nowhere.
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Nice. But yeah, I always enjoyed taking things apart and I feel like once I got a car when I was 16, let's say, I had to take
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it apart, fix it, repair it, do whatever it was. And that kind of spawned my love for the automotive industry and the
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automotive world because honestly cars are so much fun to work on, so much fun to enjoy and drive, especially if you
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know how they work. They're just so cool. Yeah, I agree with you 100%. So, how did you get started in the automotive
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industry then? So, pretty much like that. I was just 16, bought a car, it was horrible, bad
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mistake. I bought it at an auction, was totally broken. Wow. Had no idea what I was doing. I made all the mistakes I'm going to tell you guys
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not to make later. I had to take it apart, fix it, put it back together, and I eventually sold it and I actually made
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money. It was nuts. It was a disaster, but I made the best of it. You know, sometimes when you have like a bad situation, it actually works out for the
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best. Right. That was that. So, that's how I got into the space and I'm pretty committed to making sure that one, I buy the right
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cars now because I've made those mistakes hundreds of times. And then that I can provide a cool product for my clients when we sell cars, buy cars, all
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that kind of stuff. Nice. Nice. Now, how did you get from where you started back then all the way up to where you are present day then? So
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about where we're at present day, Steve, we do about a hundred cars a month. Wow. We buy everything we buy private party.
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So that means literally every car we get in is from an individual like one of your listeners, right? So imagine your
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listeners in Idaho or in Nebraska or in Kentucky or in Oregon. We buy cars from all across the US. We have a pretty
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unique process that's mostly automated using text. We have docs get sent out. We have videos get transferred to us.
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And once we have videos docked, we make payment. We have a pretty unique payment processing system. Pretty unique document system. All of it's electronic,
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pretty simple. We pay people in a matter of 30 minutes after we get their info. Even it's Saturday, Sunday, every day of
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the week. We're processing payments, getting people paid, and getting their cars picked up. Tell me more about collectible classics,
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then tell me what you guys specialize in, too. Okay. So, what we're focused on, and if anyone has these, call us. But anything
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that's unique, low mileage, clean, anything from a 62 FY Corvette that's
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original numbers matching to a 2010 Corvette that's completely modified with a Callaway kit, that's your audience.
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But not just Corvettes, anything. So if you have something from the '60s that's really unique all the way up to 2025 and
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just a different special vehicle, we want to have it. We pay top dollar for those vehicles because we feel like we have a really good eye for evaluating
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unique vehicles and appraising them. So stuff that doesn't fit into like the generic models of CarMax or Carvana
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where they give you a number for a Toyota Camry or a 3 series BMW. If you have something that's out of the
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ordinary, special color combinations, special interior, something that only an automotive enthusiast could appreciate,
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that's kind of where we fit in because we bridge that gap between standard car dealers who just buy inventory to have
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inventory on the lot and the automotive enthusiast world where when you buy a car, you're looking for something that's
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really special. And we feel like we have a really good pulse on that market of what's special, what's unique, what's
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moving, what gets people excited, and just we get that inventory that makes people excited. That's what we do in the
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space. So, we find those unique vehicles, those one-off vehicles. So, I'll give you an example. We just bought a collection of cars. One of them was an
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87 Grand National with 700 miles. Wow. Just wild cars. Like anything that's
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different, we'll pay way too much money for unique cars for sure, aren't they? Yeah. It's just fun to do different
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stuff. Very nice. Talk to me about what features and qualities buyers look for frequently when they're shopping for
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like a classic Corvette or from any generation of Corvette. Yeah, absolutely. So, on Corvettes, you
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guys know this probably just as well as I know, but I'll give you a little bit of my insight. People love originality. That's massive for collectors. So, if
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you're looking at something in the classic space, take the time to delve into learning about what makes that car
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unique. What are the original components on that car? And what the top dollar cars sell for. So, if you're looking at
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Corvettes, looking at older Corvettes, numbers matching is obviously huge. But beyond numbers matching, making sure
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that your car is original or restored to its original condition or if it's improved, how is it improved and how
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does that match up with how it was original? So, definitely that's a factor. And then color and rarity are pretty unique. And I see a lot of people
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with like signs holding up at car shows and they're like, "My car is one of one." And not everyone's car is one of
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one. That's just not true, right? You can't say like I'm the only one with white seats and blue interior
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and 16inch wheels and special tires. I'm like you have Michelin tires and someone else might have a different brand of
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tire. What makes a car unique and like what makes a car cool is if you have a one-off color or if you have a limited
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production run or you have a Callaway Corvette that's one of 10, right? You know, like that's wild and that makes a
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car unique. So definitely rarity and difficult to replicate makes a car more special if that makes sense. That definitely makes sense. Well, Joey,
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let's take our first break. When we come back, we're going to talk more about collecting Corvettes from Joy Benjamini
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And now back to Corvette Today with your host and my husband, Steve Garrett.
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I'm your host Steve Garrett. With me is Joey Benjamini from Collectible Classics. We're talking about how to buy
13:39
the Corvette of your dreams. Joey, there's been a lot of demand for C4, C5, and C6 Corvettes. Over the years, that's
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evolved into a great classic car market, hasn't it? Yeah, absolutely. Totally agree. And I
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would say, like we talked about before, I would say C4, C5s, and C6s are still great values in the market with C8s
14:00
being so new and everyone's all excited about them and C7s also being wildly expensive from time to time. I think C4,
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C5s, and C6s are phenomenal value for anyone looking at the Corvette market. And specifically in those generations,
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there are some pretty special cars that are not properly appreciated today. And we'll definitely talk about which ones I
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think are like unbelievable values in the current market. But just overall C4s from convertibles to the LT4 to the ZR1,
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which is ridiculous, to the special edition models to the Callaway models, just anything in that C4 market, really,
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really cool. Lots of fun. And if you get like the right one or the clean one, they're just really rewarding. C5s are
14:39
some of the best out there. There's not much else that gives you the raw power of an LS1 and a six-speed manual. Those
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are so much fun to drive. Even the early ones like 97, 98, 99, if you get a crisp C5, just like a crisp C4, those are a
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ton of fun. And then the C6s just get anything modified in the C6 is wildly
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powerful. Yeah. Really reliable drivetrain. Just so much car in the C4, C5, C6 markets that's
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super easy to achieve and there's no more depreciation there. Like if you buy a C5, C4 or C6 and you buy it right,
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you're only making money. There's no downside left in that market. That's cool. As a matter of fact, I was watching Bring a Trailer today. They had
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a C4 ZR1 that sold for like $44,000. I thought that was a great buy.
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You're talking about the 700 mile yellow one. Yes. You saw that? That was wicked. I thought that was cheap. It was a 91 went for
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like 40ome with 900 miles. I was like, that's wildly cheap. Yeah, it was a great buy for whoever
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bought that car. Yeah. Which generations are you seeing are the best value in Corvettes for collectors?
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Subjective. I don't know that you can put what's the best value where can you make the most upside? I would say you
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can make the most upside in the market that has the least value. Right? So, I'd say if you pick up a C4, right, and I'm
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talking you can get a C4 that's actually clean for under 10 grand, which is absolutely nuts. Or even you can get a
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C5. There are C5s out there that are transacting like near 10 to 15 grand that are really clean. And I remember
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there was a time where you could buy a C5 Z06 for under 20K. Wow. I used to buy like 18,000 mi C5
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Z06s. So, I don't think there's a best one, but definitely C4C5 is where there's more upside. C6s are still a
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little bit higher in price, but C4s and C5s are wickedly wickedly cheap, and there's just nothing out there that even
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compares in terms of dollar value for the cars, especially in Corvette world. I think they're unbelievable values.
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I agree. And I think the C4s and C5s are great starter Corvettes for someone just getting into the hobby. Those are great
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cars to start with, aren't they? I had a C8 and I like the C4s and C5s better than my C8.
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Wow. I'm I'm just being honest. They're just too many people have C8s. It's like
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everyone in their mom has a C8 now. And I don't mean to offend any of the people who love their C8. They're cool cars,
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but it's cooler to see a unique color C4 ZR1 or a super clean C5 Z06 with the
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commemorative edition package, right? Like those are more unique to me. Yeah. And those draw more attention and like excite me more than seeing another red
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C8. And that's a good question because I wanted to ask you what factors really influence resale value for Corvettes? Is
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it mileage? Is it special editions? Stuff like that. So mileage is definitely a factor,
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right? That's like the biggest. So I'd give you mileage. Yeah. Yeah. And then beyond mileage, I think the weird thing
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about Corvettes, and I've thought this forever, is that everyone who owns a Corvette really keeps it in really good
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condition, which is strange. You don't see a lot. Like you'll see Corvettes even with miles. The difference between
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an 80,000 mi Corvette and a 20,000 mi Corvette sometimes isn't that much in terms of condition, which is wild
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because like all the guys who own Corvettes, like me and you and like all the other guys, Yeah. they keep them in their garage, they
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wash them every weekend, they never leave them outside, they wax them more than they drive them. And so like you
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see one that has 70,000 mi versus one that has 30,000 mi. And I'm like, there's no bad condition Corvettes. Like
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I Yeah, sure there are ones that are like completely destroyed. Fine. But if you buy it from like a guy like you or
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me, they're nice cars. You know what I mean? Yeah. Absolutely right. But I would say special editions are huge. So when I say special editions,
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I'd say all the upgraded performance models, those hold their value and go up in value more so than the base ones just
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because they were limited production. Like if you talk about the ZR1's, there's only a thousand a year they
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made. If you talk about the Z06s and the C5s and you talk about the special editions of those Z06s, so you talk
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about the Speedway white ones, which there's only like 300 of, or you talk about the commemorative editions, which
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there's only a few thousand of, those are limited runs. So, performance special edition definitely add value.
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You got to get the performance model when you're talking about a Corvette because it's all about performance. Yeah, absolutely right. Talk to me about
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auctions. What are your feelings about auctions like Mikum, Barrett, Jackson, Sabes? Okay, here's my thoughts. I think
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the auction houses, they probably won't like that I say this, but it is what it is. I think the style of buying cars at
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an auction where it's a in-person auction is something that's sort of dying. And I'll tell you why. Because there are massive costs associated with
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running those auctions, and I think they're fun events. So, don't get me wrong. I don't think they're going to go away. I think people go to them not
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because they sell cars at a great value or you get a lot of information about the car you're buying. I think people go
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to them because they like doing it. It's fun. Yeah. But in terms of getting the best value for your dollar, you're way better
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off in my opinion buying on a site like Bring a Trailer or Cars and Bids where you can really evaluate the car in 300
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photos, walk around videos, startup videos, driving videos, you can interact with the seller for multiple days, you
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can ask questions, you can pull a Carfax, you can look at the history, you can ask for the service records. Whereas
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Nika and Ferris Jackson are Southern, their process is different in the sense of like you show up to the auction and
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you have your sticker and you're ready to throw your number up in there and you just say, "Yeah, I'll buy it. I won't buy it." Don't get me wrong, I think
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there are really good values there and sometimes really really great cars transact there. But it's super hit or miss in the sense of like you might
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overpay by 20 grand because some other guy sitting next to you also has his wife there and he wants to pay a lot of
20:03
money and bring home a car and other times you'll steal something because no one else wants that car. No one else is paying attention. Fine. So that happens
20:09
at the inerson auctions, but I think the online auctions are the way of the future because it gives you so much more
20:14
information than you could possibly get in 60 seconds. Yeah, I think you're right. Bring a trailer is super super popular right
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now. That's a place to go. That's for sure. Yeah, it's only going to get more popular because it's undeniably the best
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way to buy cars if you're a consumer. There's no way better way to do it because you get to see everything. There's nothing you can hide on an
20:32
auction like that because one, you have 10,000 people in the comment section who will jump onto the auction if
20:38
there's anything hidden and demand that it be presented. You have like a research staff of like 10,000 people who
20:43
are reviewing the listing on your behalf. Yeah. And for some reason, they have the most exciting time ripping apart an auction
20:50
even when it's not accurate. Right. So, they'll come on to an auction and they'll just like ask any question they can to devalue the vehicle for fun. But
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it's great for anyone who's a potential buyer because if I answer those questions and I answer them accurately and you can tell that I answered them
21:02
accurately, you get those answers. And if I can't answer them, then you know that this is probably not a car for you.
21:07
Yeah, that's pretty accurate. Anyone who hasn't jumped onto those sites should definitely take a chance, look on them. Don't even buy them. Just
21:13
join, read the comments, read the listings, learn how the process works. I look at Bring a Trailer every single
21:18
day, every morning. That's for sure. It's a sickness. It is a sickness, that's for sure. Joy,
21:24
let's take our final break. When we come back, we'll wrap things up and talk more about buying the Corvette of your dreams. It's Joey Benjamini from
21:30
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financially and literally. Investment advisory services offered through Mid-American Wealth Advisory Group, an
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on Corvettes. Corvette Today. Thanks once again for listening and watching Corvette Today, the show that
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24:56
I'm your host Steve Garrett. With me is Joey Benjamini from Collectible Classics. We're talking about how to buy
25:01
the Corvette of your dreams and buy it right. Joey, there's a lot of particular models and trims for a C4, C5, and C6
25:09
generations that are consistently fetch a premium price. Talk about some of those trims and the particular models
25:15
you're seeing the best value with. Okay, great question. The best value, my opinion on the best value on the special
25:22
trims, I would take a C4 ZR1. Absolutely love those cars. 94, 95, 96 are
25:27
exceptionally hard to find in the ZR1. Their production numbers were in like the triple digits for those years. So
25:33
any of those C5 ZR1 late models with the Mercury Marine 405 horsepower engines,
25:38
oh yeah, are absolute unbelievable value. So if you have one or you know someone who has one lying around in their garage, give
25:44
me a call, please. Genuinely. Yeah, I'm being serious. I would love to own those. So, any 94 95 96 ZR1, any of the
25:52
C5 Z06s, any special edition C4s or C5s that are modified in any unique way or
25:58
any one-offs. When I say one-offs, I mean like really really special. Mhm. Then C6s, any modified C6. So, there's a
26:06
bunch of performance companies that make upgraded C6s. There's some pretty cool ones out there. The C6 Z06, obviously. C6 ZR1's are
26:14
pretty pretty cool. Yeah, the ZR1's made a big comeback. They didn't make a ZR1 on the C5s, but the
26:20
C6s, they went above and beyond on those ZR1. So, any of the low mileage ZR1's, one of my colleagues just sold the like
26:26
4 miles ZR1 C6, which was pretty wild. Just 4 miles on that car. He got like
26:31
well over 100 grand for that car. Wow, that's amazing. So, those are the cars that the special editions won all of them. Call me, sell
26:38
me them, buy them yourselves if you can find them. They're just cool cars to have. I would just say anyone who's holding a car because they think it's an
26:45
investment. Cars are for fun. They aren't for investments. No one makes money on them. Yeah. Get out and drive your Corvette.
26:50
Yeah. You know what I mean? Parking in the garage is not going to make you hundreds of thousands of dollars.
26:55
Yeah. Take it to the stock market or buy real estate, man. But not cars. There you go. Leaving cars in a garage for 20 years
27:01
does not work. I can tell you. I've seen it hundreds of times. Are you seeing any Corvettes that are underrated or seeing a rise in value in
27:08
the near future? Yeah, absolutely. So, any of the C4s and C5 base models aren't going down in value anymore, like we said before, and
27:14
I know I talked a lot about the special edition ones. So, let's take a pause on those. Any base model, low mileage C5,
27:20
C4 or C6, really, really clean are going to go up in value. Usually, the manual transmissions bring a little bit more
27:26
money than the autos, but any clean low mileage C4, C5, or C6 will be going down in value and will be going up in value
27:32
in the near future. There's no more down in terms of value for a car that's at 10 grand that's fun to drive.
27:37
Yeah. Talk to me about restom mods, Joey, because restoods, I've watched Barrett Jackson and those are going for
27:43
crazy money. Hit or miss. Totally hit or miss. Right. So, if you have the right one that's done nice
27:48
and you have documentation on it, we absolutely love those. So, yes, absolutely. Send us those or buy those
27:54
yourselves or find them. Seek them out when they're done right. If they're a hack job, they're pretty horrible. So,
27:59
don't buy those ones. Gotcha. I've bought too many of those. Yeah. Yeah. Unfortunately. Right.
28:04
Yeah. Talk to me about the C8 generation. How is that car affecting your market? Well, let's talk about how it affected
28:10
the market in general first. So, when it came out, it was the hottest thing on the planet. People wanted to pay two
28:16
times the MSRP on the car. Yep. For 2 years, which was absolutely nuts. You thought it was going to stop
28:22
happening. Like, people were going to stop paying two times sticker and they literally held out for 3 years. People
28:28
refused to sell them at Sticker for 3 years. So, that was absolutely crazy. Just in the last 12 months have they
28:33
come back down towards reality. So, what did they do? They definitely inflated values on all the Corvettes,
28:39
but they brought prices back down now, right? Because when a C8's selling for 120 grand, a base model, right, when
28:45
they came out, then how do you value a C7 and a C6, right? Because there has to be some correlation in the sense of that
28:51
they're replaceable commodities. So, if you don't have a C8, you might want a C7 or a C6, right? So, they're substitutes. The values in
28:57
C7s and C6s definitely went up a little bit. So, they've definitely inflated those values. I don't think that had as
29:02
much of an impact on C4s and C5s because C7s and C6s are a substitute for a C8,
29:08
but I don't think anyone looking at a C8 was really going to consider a C4 or a C5. I think the C4s and C5s have
29:14
continued to be a hidden gem because they're so far off that no one actually considered them in terms of an alternative to their C8 that was way
29:20
overpriced. And now that prices have come down, it affected all the C6s and C7s, right? You'll see those drop off a
29:26
lot in value, too. Interesting. Joey, if people want to reach out to you, how can they get a hold of you? Where's your social media
29:31
as well? Okay, our Instagram is Collectible Classic Cars and we have 50,000 followers there, growing daily. We post
29:38
tons of great content, whether it be just having fun at the office. We have a pretty unique setup. It's me and my
29:43
three brothers. We're all really, really young. When I say we're really young, the youngest of us is 18. And we're just
29:49
always buying cars all day long, so it's a pretty fun setup. And we have a 20 person team just getting those cars
29:55
prepared, rehabilitated, ready for show or ready for sale. detail team, sales team, buying management team. So, you
30:01
can find us on collectiblass cars on Instagram. If you want to find us online, we're just collectibibleclassics.com
30:06
where we have great Google reviews. So, check those out. We have 300 fivestar Google reviews. And I only have one star
30:13
review. I have only one negative review and it's from a truck driver. So, if you are online and you decide you want to go
30:18
to our reviews page, check out my negative review and report that one. The truck driver wants to take my money. He
30:24
didn't deliver a car. He like refused to pick up the car and told me it was too far out of his way and then he demanded
30:29
payment for it anyways. It was absolutely wild. So that's my one negative review. So if you guys want to help me out and remove that one, that
30:35
would make me bat to 5.0 stars. You can find us on collectibleclassics.com. Collectibleclassic cars on Instagram. We
30:41
also have a Tik Tok. And outside of that, you can give us a call. Our phone number at our office is 484-644-3810.
30:49
That sounds great. Joey, thank you so much for being on Corvette today. This has been so much fun talking to you.
30:55
Thank you. I appreciate it, Stephen. It was a blast. Thanks again for listening and watching Corvette Today. And be sure to tell your
31:01
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