Used C7 Corvettes Now Going for as Low as $40K

It’s looks like Corvette fans who have been holding out for that can’t-pass-it-up deal on a C7 might be able to treat themselves to a fantastic Christmas gift.

According to Jalopnik, you can now find a used C7 for under $40,000, roughly $15,000 cheaper than a 2017 model. In fact, they found a 2014 manual convertible model with a little over 51,000 miles for $38,944 in Tulsa, Oklahoma. They also found a 2014 C7 coupe with only 16,130 miles for $41,000 in Grand Blanc, Michigan.

Yep, we’re now at the point where that interesting thing known as a vehicle’s “residual value” has really started to take hold of some of the first C7s introduced to the market.

That said, you might want to hold out a little bit longer. If I recall correctly, there have been early reports that the residual value effect for the 2014 Corvette C7 could result in prices that fall to nearly half of the original sticker.

Chime in with your thoughts on the forum. >>

Via [Jalopnik]