Used
Thread Starter
Le Mans Master
Joined: Feb 2011
Posts: 5,783
Likes: 400
From: Paoli, IN
St. Jude Donor '17, '19
Used
Ok, I know its not even released yet, but I wanted to know what you guys think a 1 year used corvette would cost? Assuming the general idea that the base price is 54K.
I don't really like buying new because of the instant depreciation, but if all I would be saving is about 3k than I would go new.
Do you think I could get a used one for 40k?
I don't need the Z51 package, but I like the Z51 spoiler a lot so I could always purchase that separately right?
I don't really like buying new because of the instant depreciation, but if all I would be saving is about 3k than I would go new.
Do you think I could get a used one for 40k?
I don't need the Z51 package, but I like the Z51 spoiler a lot so I could always purchase that separately right?
Melting Slicks
Joined: Jun 2005
Posts: 2,858
Likes: 1
From: Burlington County NJ
It will depend alot on how much new C7s come down in price.
If a 54K vette costs 50K 1 year after release, then maybe a used 2013 in mint condition and low mileage will be around 42-44K.
If a 54K vette costs 50K 1 year after release, then maybe a used 2013 in mint condition and low mileage will be around 42-44K.
Race Director
Joined: May 2005
Posts: 11,992
Likes: 1,331
From: Middletown, DE
They may be ASKING that, but considering you can get a brand new 2013 for $40K, and a new GS for a bit less than $50K, I doubt they are getting that...
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Thread Starter
Le Mans Master
Joined: Feb 2011
Posts: 5,783
Likes: 400
From: Paoli, IN
St. Jude Donor '17, '19
Drifting
Joined: Mar 2013
Posts: 1,329
Likes: 5
Ok, I know its not even released yet, but I wanted to know what you guys think a 1 year used corvette would cost? Assuming the general idea that the base price is 54K.
I don't really like buying new because of the instant depreciation, but if all I would be saving is about 3k than I would go new.
Do you think I could get a used one for 40k?
I don't need the Z51 package, but I like the Z51 spoiler a lot so I could always purchase that separately right?
I don't really like buying new because of the instant depreciation, but if all I would be saving is about 3k than I would go new.
Do you think I could get a used one for 40k?
I don't need the Z51 package, but I like the Z51 spoiler a lot so I could always purchase that separately right?
Last edited by ArcticC7; Mar 26, 2013 at 08:46 AM.
Race Director
Joined: May 2005
Posts: 11,992
Likes: 1,331
From: Middletown, DE
Kerbeck' a Forum supporter..
[/QUOTE]
Yep.
If you qualify for the $3K loyalty rebate (and most of us do) they have a couple 1LT manual coupes at $39.2K, and several 1LT GS ~ $47K (auto and manual). http://www.kerbeck.com/kerbeck/kerbe...ette_inventory
As I actually prefer minimal content, I REALLY wish I could afford to pull the trigger on one of these. $39K for a new 430 HP Vette? $47K for a widebody with the Z16 upgrades you get with the GS? You have to put a very high premium on the improvements on the C7 to justify spending the extra $15K or so the "equivalent" C7's will cost you. But then, there are lots of folks who justify the Porsche premium, and from there the Ferrari premium, so I certainly get it -- I just don't live in that world...
[/QUOTE]Yep.
If you qualify for the $3K loyalty rebate (and most of us do) they have a couple 1LT manual coupes at $39.2K, and several 1LT GS ~ $47K (auto and manual). http://www.kerbeck.com/kerbeck/kerbe...ette_inventory
As I actually prefer minimal content, I REALLY wish I could afford to pull the trigger on one of these. $39K for a new 430 HP Vette? $47K for a widebody with the Z16 upgrades you get with the GS? You have to put a very high premium on the improvements on the C7 to justify spending the extra $15K or so the "equivalent" C7's will cost you. But then, there are lots of folks who justify the Porsche premium, and from there the Ferrari premium, so I certainly get it -- I just don't live in that world...
Safety Car
Joined: Feb 2011
Posts: 4,205
Likes: 21
From: Arlington VA
1 year old, expect 10-20% depreciation.
Assuming MSRP really is $54k for a base model.. that means one year old C7's should be running about $45-49k. Price will be more or less depending on milage & options.
Assuming MSRP really is $54k for a base model.. that means one year old C7's should be running about $45-49k. Price will be more or less depending on milage & options.
Race Director
Joined: Feb 2006
Posts: 11,733
Likes: 15
From: SC
Market is really weird right now, used cars have been increasing in values (sports cars in particular) due to a few factors.....low production numbers over the past few years, inflation, incentives on new cars.
IMO the used market is in a sellers swing right now, in many instances (C6's for instance) you get more bang for your buck buying new....but used 2005's are still fetching upper 20's!
I don't think you'll be getting any good used deals on a C7 until the used C6 prices drop big.
IMO the used market is in a sellers swing right now, in many instances (C6's for instance) you get more bang for your buck buying new....but used 2005's are still fetching upper 20's!
I don't think you'll be getting any good used deals on a C7 until the used C6 prices drop big.
Race Director
Joined: Feb 2006
Posts: 11,733
Likes: 15
From: SC
Not a chance! C7 owners are not gonna price their cars below the asking price of C6 Grand Sports....... A 1 yr old C7 will still fetch 52k at least.......I'm calling it now.
Team Owner
Joined: May 2004
Posts: 31,791
Likes: 2,415
From: DFW/Long Island
This is a pretty ridiculous thread. The pricing isn't out, the car hasn't been released, no one has purchased one yet, and the questions is "Can one be had for $40k in 18 months?"
There is absolutely no way to know.
There is absolutely no way to know.
Le Mans Master
Joined: Sep 2004
Posts: 5,707
Likes: 4
From: Los Angeles
The general consensus is that if you can buy a brand new one for 54, would you really pay much more than 47 for a used one? One model year older, one year less warranty and 5000 miles of unknown abuse, nicks, scratches, curb rash, tire and brake wear etc.? Not to mention, the ability to get the color combinations and options of your choice instead of what's available used. Mark my word, I'm calling it now.
Oh and the comment about C6's being priced where they are, it will be more likely that the C6's will be dropping, not increasing the prices of C7.
Le Mans Master
Joined: Dec 2006
Posts: 5,139
Likes: 482
From: H-Town Texas
This would be the correct answer to the original question.
Thread Starter
Le Mans Master
Joined: Feb 2011
Posts: 5,783
Likes: 400
From: Paoli, IN
St. Jude Donor '17, '19
Its not a ridiculous thread even in the slightest. I was not able to buy these cars during the past releases. So I wanted to gauge the possibility and possible price costs of a 1 year old corvette. Relax.