Value rising
Melting Slicks
Joined: May 2020
Posts: 2,131
Likes: 1,303
From: North Little Rock, AR
Yep in todays world vette prices are up. I know that I can sell mine for 5k more than the purchase price. Keeping it though as it checked all my boxes and i am getting close to having it just like I want it.
Race Director
Joined: Nov 2017
Posts: 12,747
Likes: 10,639
From: Prosper TX/Austin TX
2020 C6 of the Year Winner - Modified
I've recently seen Base C6's with the Callaway pkg listed for 10's of thousands more than what I paid for my car. Also stock Carbon Edition Z06s listed for $30k+ more than what I paid for mine. Problem is, if you sell what are you going to get that equals or surpasses the performance value of the Corvette for anywhere near the price?
Drifting
Joined: Feb 2017
Posts: 1,752
Likes: 699
From: Covington KY
2022 C6 of the Year Finalist - Unmodified
I think I got lucky and bought my 427 at the bottom of the market. It looks like it is always going to be the highest horsepower manual tranny naturally aspirated convertible corvette ever built, I can't imagine the cars value is going to fall unless I run the wheels off it. I had it out for a drive a couple of hours ago, such an amazing ride! Power to spare, top down, NPP sounds great, looks incredible, checks all my boxes. I sometimes still look at it in disbelief that it's actually my car.
Racer
Joined: Oct 2019
Posts: 410
Likes: 157
From: Mn
I am new to Hagerty. I just put it at 25,000 for a 05 with 40,000 miles. It is an above average car as I have seen quite a few that are not as nice as this one. Am I under the market value? Should I increase my value. I am not sure how this works. Any input would be great.
Thread Starter
Retired & lovin' it!
Joined: Mar 2005
Posts: 4,472
Likes: 546
From: Jackson NJ
I am new to Hagerty. I just put it at 25,000 for a 05 with 40,000 miles. It is an above average car as I have seen quite a few that are not as nice as this one. Am I under the market value? Should I increase my value. I am not sure how this works. Any input would be great.
Corvette Stories
The Best of Corvette for Corvette Enthusiasts
8 Coolest Corvette Pace Cars (and Replicas) of All Time
Verdad Gallardo
Top 10 Corvette Engines RANKED by Peak Torque (70+ Years of Muscle!)
Joe Kucinski
Corvette ZR1X Will Be Pacing the Indy 500, And Could Probably Race, Too!
Verdad Gallardo
Top 10 Corvettes Coming to Mecum Indy 2026!
Brett Foote
Top 10 C9 Corvette MUST-HAVES to Fix These C8 Generation Flaws!
Michael S. Palmer
10 Revolutionary 'Corvette Firsts' Most People Don't Know
Joe Kucinski
5 Reasons to Upgrade to an LS6-Powered Corvette; 5 Reasons to Stay LT2
Michael S. Palmer
2027 Corvette vs The World: Every C8 vs Its Closest Competitor
Joe Kucinski
10 Most Common Corvette Problems of the Last 20 Years!
Joe Kucinski
CF Community Team
Joined: Apr 2016
Posts: 14,052
Likes: 7,373
From: Pittsburgh
2025 C6 of the Year Finalist - Unmodified
2024 C6 of the Year Finalist - Unmodified
2023 C6 of the Year Finalist - Unmodified
2022 C6 of the Year Finalist - Unmodified
2021 C6 of the Year Finalist - Unmodified
It's a sellers' market for used Corvettes & has been for a while
Melting Slicks
Joined: Dec 2017
Posts: 2,003
Likes: 910
From: Baie-D'Urfe, Quebec
2023 Corvette of the Year Finalist - Unmodified
2022 C6 of the Year Winner - Unmodified
I bought my 3LZ 08Z in 2018 for CAD$47.5k (approx U$33.8k) and had it evaluated for 'agreed upon' insurance value at that time.
Rates have gone up about 3% annually, but the current policy just came back showing they've modified the valuation to CAD$64k (approx U$44.8k).
Interestingly, next year it'll be 15yrs old and can therefore be insured as a 'collector car' here in Canada.
Rates have gone up about 3% annually, but the current policy just came back showing they've modified the valuation to CAD$64k (approx U$44.8k).
Interestingly, next year it'll be 15yrs old and can therefore be insured as a 'collector car' here in Canada.
Drifting
Joined: Feb 2017
Posts: 1,752
Likes: 699
From: Covington KY
2022 C6 of the Year Finalist - Unmodified
Safety Car
Joined: Sep 2013
Posts: 4,355
Likes: 2,633
From: Draper Utah
Team Owner
Joined: Sep 2002
Posts: 30,245
Likes: 4,576
From: Bonita Springs, Florida
Inflation is caused by poor economic decisions which is the reason for the increases in prices across the board.
Value increases are usually due to rarity, uniqueness and condition.
Value increases are usually due to rarity, uniqueness and condition.
Banned Scam/Spammer
Joined: Feb 2021
Posts: 787
Likes: 279
From: Reston, VA
Then perhaps instead of calling out a single politician, call it what it is... inflation... and add some nuance to complete the full picture behind inflation (government spending, fed interest rates, corporate tax breaks, employment challenges due to COVID, supply chain issues due to COVID, high demand for the cars/parts, global energy price increases, etc.) if you don't want it to be construed as political.
We have a whole section of the forum to park the politics conversation, can we stick to it?
I think we'll see prices of Corvettes drop again one day, but my crystal ball is a little hazy right now so I can't predict when. In my opinion, C7s will inevitably fall. For example, I can't imagine C7 Grand Sports continuing to sell for $70k if C8s ever become widely available.
We have a whole section of the forum to park the politics conversation, can we stick to it?
I think we'll see prices of Corvettes drop again one day, but my crystal ball is a little hazy right now so I can't predict when. In my opinion, C7s will inevitably fall. For example, I can't imagine C7 Grand Sports continuing to sell for $70k if C8s ever become widely available.
Race Director
Joined: Oct 2012
Posts: 17,278
Likes: 6,469
From: Melbourne, FL
Then perhaps instead of calling out a single politician, call it what it is... inflation... and add some nuance to complete the full picture behind inflation (government spending, fed interest rates, corporate tax breaks, employment challenges due to COVID, supply chain issues due to COVID, high demand for the cars/parts, global energy price increases, etc.) if you don't want it to be construed as political.
We have a whole section of the forum to park the politics conversation, can we stick to it?
I think we'll see prices of Corvettes drop again one day, but my crystal ball is a little hazy right now so I can't predict when. In my opinion, C7s will inevitably fall. For example, I can't imagine C7 Grand Sports continuing to sell for $70k if C8s ever become widely available.
We have a whole section of the forum to park the politics conversation, can we stick to it?
I think we'll see prices of Corvettes drop again one day, but my crystal ball is a little hazy right now so I can't predict when. In my opinion, C7s will inevitably fall. For example, I can't imagine C7 Grand Sports continuing to sell for $70k if C8s ever become widely available.
