Will c7 affect c5 prices?
Safety Car
Joined: Apr 2004
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From: pueblo co
that is hard to say..the c6 are gonna continue to lower in value esp the early years till they flat line..once that happens the more desirable C5 cars like the 98 pace cars ( in some peoples eyes) the 01-04 Z06's more so the 04 2004 corvette Z06 commemorative edition will continue to hold better value then counter parts..and i would guess the same would hold true to the c6 world..when you have the grand sports, the Z06 and the ZR1...
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There was a recent article in Corvette Magazine that stated C5 values have started to trend upwards. If this holds true, I'd say the C7 will have more of an effect on the C6 values than the C5 - but a lot depends on how Chevy does with the final design of the C7 and the price point at which it will be sold.
Melting Slicks
Joined: Nov 2011
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From: Jacksonville FL
There was a recent article in Corvette Magazine that stated C5 values have started to trend upwards. If this holds true, I'd say the C7 will have more of an effect on the C6 values than the C5 - but a lot depends on how Chevy does with the final design of the C7 and the price point at which it will be sold.
Le Mans Master
Joined: Mar 2006
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From: Arizona
There was a recent article in Corvette Magazine that stated C5 values have started to trend upwards. If this holds true, I'd say the C7 will have more of an effect on the C6 values than the C5 - but a lot depends on how Chevy does with the final design of the C7 and the price point at which it will be sold.
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Melting Slicks
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From: It's true money can't buy happiness, but it is more comfortable crying in a Corvette than on a bicyc
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Age, mileage, and condition will continue to drive the price of any car lower. Rarity will continue to drive the price of any car upwards.
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Safety Car
Joined: Sep 2011
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From: Southern Ca
The price of any car depends on milage , year of the car and mostly if the car is mint condition. I have seen mint c5 with extremely low milage go for more money than c6. It all depends on the buyer. We are all guessing here. You're only going to know when you try to sell your C5 . If you are going to sell ,better sell it now..........
Burning Brakes
Joined: May 2010
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From: Spiro Oklahoma
"I beleive it will have a slight effect. Like Jim said, How could it not? Being that the C5 is a stylish generation with its lines, curves, and hidden headlights that you can not get in any other package." The well maintained ones will certainly hold their own in the market. I know that I'm hanging on to mine!"
Team Owner
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From: Bonita Springs, Florida
There was a recent article in Corvette Magazine that stated C5 values have started to trend upwards. If this holds true, I'd say the C7 will have more of an effect on the C6 values than the C5 - but a lot depends on how Chevy does with the final design of the C7 and the price point at which it will be sold.
Burning Brakes
Joined: Sep 2006
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From: South Central PA
2017 C3 of Year Finalist
yes. unfortunately the C5s haven't seen the bottom yet. the C4s are there and are starting to move upwards slightly, especially the more desirable ones. the C5s have a few more years and then they will start to trend up again. same thing happened with the C3s. they were a dime a dozen a few years ago and now they are moving up to about the same price as a C5.
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Buying a vette as an investment is a big mistake unless they come out with a new generation that only has a 3 or 4 year production life, you buy it and keep it for 40+ years and don’t drive it. What a waste.Instead by a well-cared for vette with 30K -40K miles on it and drive the heck out of it for the next 100K and enjoy it
