Bought before March 3rd?
#1
Burning Brakes
Thread Starter
Bought before March 3rd?
So if you have one on order or already have a new Stingray in your garage like I do with 6 miles on it. Does that make our cars worth more money?
#2
The worth of a car depends on how much a person will pay to buy it. A few grand here and there will not make it a big deal imo. These cars are meant to drive and are not an investment, it is depreciating daily...
#3
Racer
I think if anything the increase just means we have some extra equity...a little bonus as I think of it.
You could, theoretically, sell you car for what you paid or maybe a little more (provided it was MSRP or less) to someone looking to buy one. They would be saving the increase, or some of the increase.
Of course as bevo 87 said, that all depends on whether you could find a buyer willing to pay the price.
-Mark
You could, theoretically, sell you car for what you paid or maybe a little more (provided it was MSRP or less) to someone looking to buy one. They would be saving the increase, or some of the increase.
Of course as bevo 87 said, that all depends on whether you could find a buyer willing to pay the price.
-Mark
#4
Burning Brakes
Thread Starter
Just a question, Mine is not for sale. But them again everything is for sale at the right price.
#5
Instructor
Member Since: Oct 2013
Location: Lansing Michigan
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I also have my Stingray sitting in my garage. I asked my salesman this question yesterday. If the price of my Z-51 increased $3200.00 how does this price increase effect the wholesale/retail value of my car. He said that either value would increase somewhere in the area of half the price of the cost increase. He's no dummy and has sold Corvettes for years and has dealt with mid year price increases on previous GM vehicles.
#6
AIR FORCE VETERAN
The value of anything is determined by the market. Price guides, like KBB, do not buy cars people do. The day you sell your car and accept payment that is the value. No matter what someone else paid.