tail_lights

For under 40 my guess would be next winter at the earliest.

themonk

people that forget that there is such a diverse selection of options on the C7 but yet they seem to think that in 2-3 years they will somehow be all worth 40k or less....so you think a '14 3LT 'vert fully jammed out with Z51, comp seats, NPP, MRC be had for 40k?

Randy G.

Here's a 2016 Z06 available for a good price.





http://www.copart.com/us/Lot/3677892...hId=1811808779

musclecar6

I completely agree. This is the last place to get a fix on selling prices. The C7 is following the same path as previous generations. Good deals are out there now on 2yr old 2014's ( and one year old 2015's) and by this time next year, 2014's will be in the 30's. Don't pay any attention to the "dreamers" on here trying to unload their first or second year C7's at virtually "new" prices. The deals are out there now and are really starting to get great in the next 6 to 12 months.

rkhegler

Looked at these pics and no air bag deployment? Seems like a pretty serious accident to not have air bags hanging out all over the place. The steering wheel is intact?

joemosfet

Looks like a pretty bad rear-ender, no reason for airbags to deploy in crashes like these.

Muuhaha

No way you're going to see a sub 40k c7 in only 4 or 5 months from now. Unless it has a ton of miles on it, MAYBE -- There are good condition 2006 models still going for mid 20s... no way a c7 is only going to be worth $10k over that

rogergcam

From my own personal view and finances, I hope it NEVER gets to the 40's!!!!!!!!!

Randy G.

What do you make of this? It looks like someone fired it up and ran it with a big oil spray underneath.

direct007

It shouldn't be too much longer. Kerbeck has a brand new 2016 1LT for $49,884 (after rebates) on their home page. When the 2017 start shipping in July 2016. A 2014 1LT daily driver with lets say 36,000 miles+ (12,000 miles year x 3 years) should be sub $40,000.

crawfish333

Looking at that rear tire, it looks like this could have been the result of a ill-advised burn-out.

crawfish333

I have watched Corvette pricing for a number of years. I have found that when a new generation comes out, used pricing seems to have a pattern.

1. New generation comes out, no discounts. Some dealers try and get premium.

2. 1-2 years in, new wears off and high volume Corvette dealers start discounting heavily.

3. 3 years in, Resale prices drop like a rock. (this is where we are now.)

4. 3 years until end of generation: used prices stabilize and do not drop a lot more.

5. Next generation car comes out, current genration prices take a brief dip then start to recover.

6. Previous generation gradually drops but no sudden drops.

A lot of this is seasonal as well. In the spring-early summer prices are higher and deals harder to find.

Bucknut2006

Interesting. I was considering selling mine around $40k but not sure how modifications affect the value.

punky

Personally I would not touch a used 2014 for any price that began with a 4. There are a ton of them out there with a refresh/performance bump imminent which will pound their values even further down the ladder.

thrilled

I had A friend who had A Harley.He put $20k of options on it.He went to
His local dealer and they low balled him.They didn't take into account any
Of the add on's he put on.
So I'm thinking on A trade in you won't do well.But what I've been reading
Is if you sell it outright there might be someone that likes the extras that
You put on.So still not sure how you'd make out.

MAKC7

By mid summer you may find used 2014's for under $40k. Since they are making and selling 33,000+ units per year of the C7 that is 2 1/2 times more per year than the C6 run so the value will have to depreciate faster.

OVR60

I traded a 72k 2014 at the end of last year for 53k & 8% tax deduction on a new one. The Chevy dealers offered me around 50k because winter is coming and the used market slows down and that was the best they could do. Values change in different parts of the country and some dealers that spend the money use a web sight that takes an average of the biggest auction houses.

phileaglesfan

Z51 option is only a few $k more brand new. Two-three years from now is 2018-2019. The C7 will be in its 5th or 6th model year by then. Maybe see 50% of MSRP if you are lucky. I wouldn't be surprised if GM starts offering incentives on a new C7. I know I won't be buying a used C7 just to save $5-10k off a new one.

motomanvette

Then keep on waitin' to buy one my friend. I see a ton of the old C5 verts going for mid 20s.

roadbike56

I've been tracking C7 coupes in the southeast (up to 300 miles from Raleigh NC) since September. I only tracked cars with color combinations I preferred. I set $56,500 as my max asking price. There are 190 C7's on the spreadsheet of which 58 are currently listed for sale. Within the 190, about 24 (13%) have an asking price below $50K. Only 5 are or were listed below $48K. As you can imagine, you need to read the Carfax carefully for all of those. The lowest I've seen is $42K (I'm sure the flood water didn't do much damage). Most of the cars below $50K are 1LT, and are base (not Z51). Asking prices are all over the map. Right now you'll have no trouble finding dealers with base, 1LT 2014 coupes with over 10K on the clock with an asking price of $53K. Of course that's crazy because you can find new, 2016 cars with a few options for $52K or $53K.
One calculation I made was I added the cost of extending the bumper to bumper warranty to the cost of the base cars and quickly realized that a low optioned 2014 at $50K jumps up another $1K or $1.5K for the cost of the warranty. Once you factor in depreciation, the new Vettes are actually less expensive than a used 2014 C7.
However, higher optioned cars are selling for only $1k or $2K more than a plain jane version, but to buy a new higher optioned Vette will run well over $60K discounted. IMHO the real bargain is NOT in the base cars, but in those with 2LT, NPP, and Z-51 or more options like maybe an auto tranny, NAV and mag ride.
A word of caution. Read the Carfax or AutoCheck carefully for some of those really low priced cars. Lemon Law resales, Accidents (not minor), ex-rentals and "executive cars from Detroit" are out there so buyer beware.