I say NA to boost

Why do Corvette's hold their value so much better than say a Gen V Camaro with the same motor? Im referencing after the initial price gouge from the initial owner. For instance a 2013 2SS Camaro with 20k miles goes for about $20-22k but a 2013 Z51 with 20k miles goes for about $30-35k.
Even a 2005 Z51 with 100k will still fetch nearly $20k but a 2010 SS with 100k would be lucky to get $15k. Ideas?

Sky High

You are talking about two different cars. There is no z51 in 2013, that would be a Grand Sport, the other car being the base model. From 2005 to 2009 you could get the z51 package on a base car as a option.

Corvette_Ed

The answer is simple numbers. More Camaros are sold than Corvettes. It's nothing more than the law of supply and demand.

449er

Why? because a Camaro is not or never will be a Corvette

Mad*Max

especially with that rear end...in fact, back in the day, always had a weakness for Trans Ams but the Camaros never did much for me...IMHO

buckmeister2

You have compared apples to oranges in both your examples. The 2013 Camaro 2SS retailed for about $35K, the 2013 Corvette Grand Sport retailed for about $56K (NOT including options or dealer mark-up). Similar percentage of price diff in the '05 comparison.


Aside from that, if you talk to 20 Camaro owners and 20 Vette owners, you will find the Vette owners are a whole lot happier with their cars. Higher satisfaction = higher demand= higher prices.

Gio5555

Vetts do not hold there value better!!! I own a vett and camaro both cars are great and yes different. Ss camaro is 2010 supercharged and corvette is 2008 stock. I've been a Wholeseller for 10 years and in Florida where I live vetts are cheap. I paid 10k for my 08 at auction and a camaro depending on miles are untouchable and prices are threw the roof. If you live in northern states the vetts will hold better value but in the south they don't sell very well. QUOTE=I say NA to boost;1592646498]Why do Corvette's hold their value so much better than say a Gen V Camaro with the same motor? Im referencing after the initial price gouge from the initial owner. For instance a 2013 2SS Camaro with 20k miles goes for about $20-22k but a 2013 Z51 with 20k miles goes for about $30-35k.Even a 2005 Z51 with 100k will still fetch nearly $20k but a 2010 SS with 100k would be lucky to get $15k. Ideas?[/QUOTE]

Kent1999

Camaro SS is a cheap sedan chassis with a big motor.
Corvette is an expensive sports car chassis with a big motor.

To a significant extent, resale value for the model as a whole is predicated on the lowest priced configuration in the model's lineup.

Before you start hatin', be aware that I *like* Camaros, and have owned many. But to deny the Camaro chassis is designed and built to sell at a very low price point (and always has been) would be to deny reality.

snuggy

Pontiacs always looked better than their Chevy cousins. Corvette was the exception!!!

Gio5555

Corvettes are fun weekend cars and I've owned a few and still do but as a wholesaler I would take a camaro any day over a corvette for retail. Not everyone wants a vett but a camaro especially down here in the south they are easier to sell and fit a lot more people's lifestyles.i watch almost everyday at the auction when these cars go threw there's a line of people following the camaro a in . The corvettes of course they follow them also but notably a handful unless it's a newer vett 2014 up.

Kent1999

I guess from a volume-sales perspective that's understandable. The Camaro, being a 4-seater, is more utilitarian, especially for those with young kids, so its buyer pool is larger. Can't use a Corvette as a Family Truckster... LOL

NMJoe

Here's what I observe in the parking lot at my office. Space for ~600 vehicles. One Corvette (my 2012 GS CE DD) and at least 12 Camaros. I looked up the production numbers and the best I could find follows:

C6 Corvette:
2005 - 37,372
2006 - 34,021
2007 - 40,561
2008 - 35,310
2009 - 16,956
2010 - 12,194
2011 - 13,596
2012 - 11,647
2013 - 13,466
Total - 215,123
nine-year average 23,903

Camaro Gen 5 (keep in mind these numbers are inclusive of Non-saleable, MVB, CTF, and Fleet Market (also, Camaro guys don't do a great job of updating their stickys, so take all of these numbers with a grain of salt...ultimately, you get the gist of the disparity):
2010 - 129,405
2011 - 106,987
2012 - 90,310
2013 - 94,432
2014 - 97,632
2015 - 105,060
Total - 623,826
six-year average 103,971


I've had a bourbon or three tonight, so please don't blast an old drunk guy trying to be helpful if my stats are slightly (or greatly) skewed...

NMJ

NMJoe

P.S. If you want a sleeper of a car with an LS3 and very low production numbers, look at the Chevy SS. Each production year in the 3,xxx range (or lower) and stopping production with MY 2017, at least that's the last I heard...the last of the Holden cars.

YBR100

To me corvette is ok.

slowtealz28

My personal opinion is they hold their value better than Camaros because of who typically owns them. Also likely why the insurance is usually cheaper on a corvette than most v8 sports cars (camaro included). Way back when I got my c5 I was also looking at 03-04 mustang cobras. The insurance difference was over a grand more per year with the mustang vs the corvette.

dkpnkc

Pricing has changed since this thread started 5 years ago. Camaro's have seen prices increases along w/ the Corvette.

C6 Snowboarder

it is like asking does Chevy has more resale value than Ford.. depends on too many factors.