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Transmission choice - resale value?

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Old 10-22-2011, 02:23 PM
  #41  
ClipperFan
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a relative of mine has a LOW mileage LS3 for sale and he gets calls sometimes If it was a 6 speed I'd try to buy it so its more auto's for sale probably a little cheaper..............I say get what u want and drive like u stole it
Old 10-22-2011, 02:32 PM
  #42  
JoesC5
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Originally Posted by jackhall99
And you are the leader of the pack on this issue.

2010: 6913 autos built out of 12194 total.
2009: 8560 autos built out of 16956 total.
2008: 19136 autos built out of 35310 total.
2007: 22422 autos built out of 40561 total.
2006: 19094 autos built out of 34021 total.
2005: 22380 autos built out of 37372 total.

Should I keep going "expert"?
I beleive that if you remove the Z06 and the ZR1(where the original new car buyer did not have a choice of transmission type) from your totals the percentage of automatics will go up even higher.

I belong to two clubs and 99.9% of the members are 45 and above, with most 55 and above. Surprisingly, many new club members are first time Corvette owners and they purchased a used Corvette. Since most late model Corvettes came with auto's from Bowling Green, most late model Corvettes that are on the used car lots also have auto's, and that's what they purchase. Also, many older buyers have been married for a long time, and the Corvette has been a life long dream, and they do consider their wife's wishes when they make a purchase. Most realize that a car isn't worth getting divoriced over.

There is a strong argument for manual transmission cars to have a higher resale value, just because, when a person wants a used Corvette with a manual, it will be harder to find, and the shortage of manuals will drive up the price.
Old 10-22-2011, 03:22 PM
  #43  
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Originally Posted by ClipperFan
a relative of mine has a LOW mileage LS3 for sale and he gets calls sometimes If it was a 6 speed I'd try to buy it so its more auto's for sale probably a little cheaper..............I say get what u want and drive like u stole it
It is a six speed....
Old 10-22-2011, 03:34 PM
  #44  
jackhall99
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Originally Posted by JoesC5
I believe that if you remove the Z06 and the ZR1(where the original new car buyer did not have a choice of transmission type) from your totals the percentage of automatics will go up even higher.
Joe, you are absolutely correct. I was lazy though and didn't feel like doing the math.

Cheers amigo.
Old 10-22-2011, 04:18 PM
  #45  
mpuzach
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Originally Posted by PittMD1
In general Do you get the extra expense of an auto out of a corvette when it comes time to sell? Is there a bigger market for either type?
Trading in is one thing; selling is another thing. If you're talking about selling outright to an end user, your list of potential buyers will largely be determined by which transmission your car has. Someone looking for an automatic isn't going to be interested in a manual and vice versa, regardless of price. My recollection is that in models that offer both transmissions (base coupe / convertible and Grand Sports), roughly 2/3 of sales have been with automatics. To me that suggests that there's more demand for autos. The flip side is that for someone who wants a manual the supply of cars is smaller. Given all that, I think it's anyone's guess which one would command the higher selling price.
Old 10-22-2011, 05:30 PM
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Mad*Max
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Originally Posted by laconiajack
Once again, demand is relected in used car prices. Their is more demand for used Vettes with manual transmissions than automatic torque converter transmissions. The only reason automatics outsell manuals on new cars is due to the woose factor; wives telling husbands what transmission to buy. Younger, more independent buyers generally do not buy woose cars.
good point
Old 10-22-2011, 06:36 PM
  #47  
big doug
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Don't worry about it,your not going to get squat on resale anyway,get what you want and enjoy it.:
Old 10-22-2011, 07:55 PM
  #48  
Corvette ED
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I sell used Corvettes and this what I found. A stick buyer may buy an automatic if they like the car. An Automatic buyer won't buy a stick. Customer will say I would buy a stick but the wife can't drive one. In the end they all sell off the lot and for me we stock about 50/50 stick/automatic.
Old 10-22-2011, 08:04 PM
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Originally Posted by Corvette ED
I sell used Corvettes and this what I found. A stick buyer may buy an automatic if they like the car. An Automatic buyer won't buy a stick. Customer will say I would buy a stick but the wife can't drive one. In the end they all sell off the lot and for me we stock about 50/50 stick/automatic.
I have bought a few used Vettes, both manuals for myself and autos for my wife, NEVER did I have to pay more for one or the other. I have bought similarly equipped manuals for less than comparable autos and vice versa.



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