ruxvette

Did you mean lunch money?

LFZ

Only on this forum.......


In the real real world....a nice C6Z is still bringing in $40k plus....and this is 06-09 models. Of course, the more miles, the more wear...the less money.

cmonkey713

At night when it is very quite go into the garage and listen very carefully. The sound that you hear is the value of your C-6 deflating.

MikeERWNC

I paid 25K OTD for my 2007 three years ago.
Since then I have put 100K miles on it.
It is my work car and I get paid .55 to drive.
That car has paid for itself twice.
I figure it is worth 12K to 15K, now... Someone will get a solid car with a great service history.

phileaglesfan

It is hard to say what values will be 10, 20 or 30 years from now. If you have a really rare C6, sorry Z06s are not rare, then you might see what you paid for it in around 20 years. That is if you don't drive it and nothing happens to it

One can buy a 2012 or 2013 Z06 for $55-65k right now, 2013 ZR1 for $70-75k. A loaded 13 GS around $45k. I've seen 2005s sell for around $20k.

The important thing is to enjoy your C6 and don't worry about the future resale value. Values on on 09 will eventually start to level off somewhat.

bgspot

gradywhite931127

I think about how much a C4 can be had for today, 30+ years later. Prices range from $500 to $7000 for an everyday regular C4 with a decent amount of miles on it in decent shape. I'd say in 10-15 years, I can get a C6 for $5000 or less.. By then we'll have a C10 lol

COCO RICK

Gotta love that quote.

jrose7004

The sound of the depreciation flowing out of your car will keep you awake at night if you let it.

Jaime-Corvette

Im going to sign my dash with a silver marker, then im going to go to the moon and find intelligent life there. Now when i sleep i can listen to the noise of my car appreciating becuse i will be the first man to find intelligent life (in the moon).

BowTieRocket

IMHO, it will depend on whether the "horsepower wars" continue. If we go into another cycle of green over performance, and the world returns to Asian cars and domestic small cars and so on, give it 20 years and the current crop will start to appreciate.

Rarity does matter, of course, but you have to get to that confluence of age and scarcity. Nostalgia fuels a lot of things - there just aren't as many young people to be nostalgic 40 years from now as there were when I was the young guy who wanted a cool car.

Look at 60's Mustangs, Camaros, Cudas, and Challengers. In 1980, you could buy a ten year old 'Cuda with the 440 Six-Pak engine for about $3000, and those were scarce from the start. Try to find one now for 50 times that amount. Mustangs? Couldn't give away a 2-bbl small motor version as recently as the early 1990s. Six cylinder? A parts car... Now they go for multiples of new.

I'd think about 30-35 years out, good examples will sell for multiples of new. Even 15-20 years out, they may be over new price. A 1969 convertible, base engine but heavily optioned, sold for under $6k new and would be 3-5 times that for a good example, more for a great one. Even the smog-motor late 70s cars will sell for more than new if in good shape.

So the comments regarding the idea that it will be years for values to climb is pretty well borne out, but varies based on external factors (will the horsepower increases continue, or will high powered vehicles be legislated out of favor or existence, as in the 1970s?), and the scarcity of the car to begin with. The Z06 and ZR1 in good shape and with low miles should fare best, unless you consider one-offs (I have the ZHZ thinking it may follow the old Hertz Rent-A-Racer GT350H from 1966). But at my current age, I'll be happy if my Corvettes just don't drop too precipitously.

I think the comment about the chrome bumper C3s is accurate, so I expect my 1969 convertible, 79,500 miles, almost all options, to appreciate a bit. I expect the ZHZ to probably slowly decline until someone says "Hey! There were only 500 of these to start with!" At which point, they may climb a bit. Maybe a lot. But we'll see. Not in my lifetime, I suspect.

You know, though, you don't have to drive them a bunch to enjoy them. I had my 1969 Shelby in the garage, less than a thousand miles a year, for a long time. We had fun. Took it to shows and hung out with friends. Took it to cruise nights and hung out with friends. My son and I worked on it and had a good time. The Corvettes are the same. The 1969 vert isn't driven much. My son and I are going through the vacuum, since it's coming up on 50 years old and the lines are brittle. Probably do the carpet. Chasing some electrical gremlins. He's nearly 30, and a Navyman, and I really appreciate the time we spend on it. It will be fun at the shows, and at our club runs.

The ZHZ is driven more. It's easier for an arthritic, tall, fat old man to get into and drive than the C3. But still only about 2500 miles a year. The big, overpowered BMW sedan is just too comfortable when the wife and I are going a long way. It isn't fun getting old. And it hasn't taken nearly as long as I'd expected.

We take the ZHZ on a couple of thousand mile runs a year, and plan to take the C3 to shows within a hundred miles or so. And probably take it to one of the local high schools that wants to have vintage convertibles for their homecoming royalty to ride on in the parade and onto the field. Still having fun, trying to maximize value, and get the kind of enjoyment out of them that we want to have.

Drive 'em a little or drive 'em a lot - but enjoy them. That's the main thing.

j3studio

That would be correct.

Entaille

that's a c4 though... they are arguably the least desirable generation.

not saying the c6 won't continue to devalue, as all mass produced cars do, but the only 5000$ c6 you're getting in 10-15 years is a salvage title high mileage beater.