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Trading a 2014 for a 2015

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Old 07-19-2014, 08:13 PM
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mrrrkva
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Default Trading a 2014 for a 2015

What kind of price difference should I expect If I am trading in a RED 2014 C7 with Z51 and 1lt package, Magnetic Suspension, NAV, and red brakes and Red seats? TO make it easy, I want the exact same car, with the MANUAL transmission. I have decided I dont like the automatic.
Old 07-19-2014, 08:14 PM
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mrrrkva
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BTW, I have 5,000 miles on it.
Old 07-19-2014, 08:17 PM
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Mfserge
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Prepare yourself for some pain!! Try to sell it on here to get top dollar.
Old 07-19-2014, 08:22 PM
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Your '14 is a used car that is depreciating. Trading it for essentially the same car one year newer doesn't mitigate that or make it worth more. Most of the depreciation happens in the first year so trading a one year old car won't be pretty. Better to sell it and buy the '15 outright.
Old 07-19-2014, 08:22 PM
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Daekwan06
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I think if you sell it privately you will do very well. If you attempt to trade it in at a dealer for a new 2015 Corvette, you better bring condoms lol.

FWIW I just checked the tax laws in VA. And VA is one of the states that does not credit your tradein towards your next vehicle purchase when buying a car. So there is no tax savings to be had in VA by trading a car and buying a new one.. vs. privately selling a car and buying a new one.

Hell try taking it to Carmax to see what they will offer for it. I think they will give a very competitive offer considering the "true market value" for a C7 is still very, very high.
Old 07-19-2014, 08:30 PM
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C7HOORAY
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Originally Posted by Daekwan06
I think if you sell it privately you will do very well. If you attempt to trade it in at a dealer for a new 2015 Corvette, you better bring condoms lol.

FWIW I just checked the tax laws in VA. And VA is one of the states that does not credit your tradein towards your next vehicle purchase when buying a car. So there is no tax savings to be had in VA by trading a car and buying a new one.. vs. privately selling a car and buying a new one.

Hell try taking it to Carmax to see what they will offer for it. I think they will give a very competitive offer considering the "true market value" for a C7 is still very, very high.
I would expect your "bath" to cost 12-15 K.....drive it till '16 and even out your depreciation.....
Old 07-19-2014, 08:43 PM
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Besides being a year old, your 2014 has the out dated A6. It will be competing with the new 2015 A8. Another reason for a hit on the trade in value. Since you are switching to a manual tranny, maybe a left over 2014 might be a consideration for you since you are not trading to get the new A8 tranny.
Old 07-19-2014, 09:12 PM
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'13GrandSport
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You need to weigh all the factors. If you sell it and purchase the next one outright, you will pay sales tax on the whole purchase price. On a trade, you will save some tax. Selling it and going in with a new purchase may also get you a better price with some off the retail. Just weigh all the factors. I did, as I traded my 14 for a 15 about 2 weeks ago. Now I am vetteless until the new one arrives.
Old 07-19-2014, 09:16 PM
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Old 07-19-2014, 09:17 PM
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Originally Posted by C7HOORAY
I would expect your "bath" to cost 12-15 K.....drive it till '16 and even out your depreciation.....
I doubt it would be that bad. You could order now and trade the car in now at the dealer. That should give you a decent price now but that will go way down in a few months. Good luck.
Old 07-19-2014, 09:18 PM
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Originally Posted by musclecar6
Besides being a year old, your 2014 has the out dated A6. It will be competing with the new 2015 A8. Another reason for a hit on the trade in value. Since you are switching to a manual tranny, maybe a left over 2014 might be a consideration for you since you are not trading to get the new A8 tranny.
Excellent idea.
Old 07-19-2014, 10:41 PM
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b4i4getit
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No question you will take a hit since the 2015 has the A8 transmission.
Old 07-19-2014, 11:01 PM
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mrrrkva
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Ill sell it on my own... thanks guys. I put it on Autotrader and KBB. Looks like there arent many z51's for sale, and I listed mine as the cheapest one.
Old 07-19-2014, 11:24 PM
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runutzzzzz
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Originally Posted by C7HOORAY
I would expect your "bath" to cost 12-15 K.....drive it till '16 and even out your depreciation.....
It won't be that bad. a 2014 Z51 1LT didn't lose $12-$15k. I have yet to see a Z51 C7 in the $40's

Originally Posted by musclecar6
Besides being a year old, your 2014 has the out dated A6. It will be competing with the new 2015 A8. Another reason for a hit on the trade in value. Since you are switching to a manual tranny, maybe a left over 2014 might be a consideration for you since you are not trading to get the new A8 tranny.
I think getting a leftover 2014 with 2015's around the corner is a bad idea.

Take your car by Carmax, I bet their offer will be very strong.
Old 07-19-2014, 11:44 PM
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Originally Posted by musclecar6
Besides being a year old, your 2014 has the out dated A6. It will be competing with the new 2015 A8. Another reason for a hit on the trade in value. Since you are switching to a manual tranny, maybe a left over 2014 might be a consideration for you since you are not trading to get the new A8 tranny.
The A6 won't make any difference your 14 has already taken some depreciation and some one looking for a used C7 at a better price will want it. The 15's aren't even on the ground yet.
Old 07-20-2014, 04:14 AM
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I agree with selling the car yourself - you should be able to get a better price for it that way than trading it in to a dealer.
Old 07-20-2014, 05:15 AM
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musclecar6
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Originally Posted by mrrrkva
Ill sell it on my own... thanks guys. I put it on Autotrader and KBB. Looks like there arent many z51's for sale, and I listed mine as the cheapest one.
Smart move. Once Sept rolls around, All eyes will be on the 2015's, A8, and the upcoming Z06.

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Old 07-20-2014, 06:39 AM
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Originally Posted by runutzzzzz
It won't be that bad. a 2014 Z51 1LT didn't lose $12-$15k. I have yet to see a Z51 C7 in the $40's
You are forgetting the fact that he was originally talking about trading it in, and while you may not have seen a C7 priced in the 40s yet, rest assured that a lot of dealers might only offer that small amount as a trade in.
Old 07-20-2014, 07:23 AM
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personally the "hair cut" your going to take wouldn't be worth it to me. I'd keep the cat at least another year and see what year 3 brings to the Stingray. Maybe GM will offer something in 2016 that really makes the cost worth it.

But as other' shave said I'd try selling it yourself. Considering GM started offering GM supplier! CUT/Military discounts on a first year Vette really killed pre-owned pricing. You can't have it both ways.
Old 07-20-2014, 08:10 AM
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If you bought your pre-price increase it may not be that bad.

I'm looking to move from a coupe to a convertible. I bought my Couple pre-price increase and there are discounts/supplier pricing on even Z51 convertibles. Combining those two together and it may work out.

If I did not have tax involved I think it could come out pretty good but mine is a Z51/M7 so unless your getting the PDR not much difference in 14/15.


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