Transmission choice - resale value?
#41
Race Director
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
#42
Team Owner
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"?
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 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.
#43
Team Owner
#44
Le Mans Master
Cheers amigo.
#45
Race Director
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.
#46
Race Director
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C7 of the Year - Unmodified Finalist 2021
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.
#48
Le Mans Master
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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.
#49
Team Owner
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.