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1st Gear
Joined: Aug 2018
Posts: 1
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1st timer
Folks,
For over 20 yrs I've been a Euro sports car guy. Currently have a 03 SL55 AMG. Mostly recently sold 05 996 Turbo S cab. I am considering 17 C7 Z06. With the intro of the ZR1 and the much anticipated C8 - R, what are your thoughts regarding the possibility of accelerated depreciation on the 16-18 C7 ZO6s?
Thx for your thoughts/feedback
For over 20 yrs I've been a Euro sports car guy. Currently have a 03 SL55 AMG. Mostly recently sold 05 996 Turbo S cab. I am considering 17 C7 Z06. With the intro of the ZR1 and the much anticipated C8 - R, what are your thoughts regarding the possibility of accelerated depreciation on the 16-18 C7 ZO6s?
Thx for your thoughts/feedback
Instructor
Joined: Jan 2010
Posts: 130
Likes: 22
From: Deltona Florida
Every time a new generation of a car comes out everyone always asks this same question. To me, I bought the car I wanted and will enjoy it until I'm ready to buy another new car. I don't see the depreciation on my 2017 Z06 being any faster than normal because of either of those cars. If you want one go buy it and enjoy it instead of sitting on the sidelines worrying about it losing a little bit of value because it's not an investment anyway. 
Last edited by Steve Garrett; Aug 14, 2018 at 10:19 PM.
Le Mans Master
Joined: Jan 2006
Posts: 6,800
Likes: 2,653
From: Down south in Dixie
Every time a new generation of a car comes out everyone always asks this same question. To me, I bought the car I wanted and will enjoy it until I'm ready to buy another new car. I don't see the depreciation on my 2017 Z06 being any faster than normal because of either of those cars. If you want one go buy it and enjoy it instead of sitting on the sidelines worrying about it losing a little bit of value because it's not an investment anyway.
Depreciation is what it is, and of course it's never a good idea to buy a new car for an investment. Myself I wouldn't wait for GM to get the mid-engine Vette into showrooms. They have been promising a mid-engine Corvette for many many years. So skeptical is where I am at this time that the mid-engine will hit the market anytime soon.Welcome to the forum. BTW, go ahead, get that Z06, and enjoy it now. It being a '17 the depreciation should already be built into the price.
Last edited by Rebel Yell; Aug 15, 2018 at 12:48 PM.
Intermediate
Joined: Feb 2008
Posts: 34
Likes: 3
From: Palm Beach Florida
Every time a new generation of a car comes out everyone always asks this same question. To me, I bought the car I wanted and will enjoy it until I'm ready to buy another new car. I don't see the depreciation on my 2017 Z06 being any faster than normal because of either of those cars. If you want one go buy it and enjoy it instead of sitting on the sidelines worrying about it losing a little bit of value because it's not an investment anyway.
Melting Slicks
Joined: Feb 2013
Posts: 2,489
Likes: 579
From: Central Gulf Coast Florida
Every time a new generation of a car comes out everyone always asks this same question. To me, I bought the car I wanted and will enjoy it until I'm ready to buy another new car. I don't see the depreciation on my 2017 Z06 being any faster than normal because of either of those cars. If you want one go buy it and enjoy it instead of sitting on the sidelines worrying about it losing a little bit of value because it's not an investment anyway.
I buy what I like without trying to guess what it will be worth in two or three or however many years down the road. There is no way to know exactly and you can be sure it will be worth less than you hoped. New cars are one of the worst investments you can make. Have fun with what you buy and do not worry about resale.
