Resale values
Drifting
Joined: Jun 2002
Posts: 1,303
Likes: 151
From: Las Vegas Nevada
I think once the C8 Vette hit the dealers and people see the price of a nicely accessorized (plus maybe the Z51 package) and the full MSRP (and many dealers adding to the MSRP); the C7 market values will hold pretty good for a while.
The C7 Z06 will do well until the C8 Z06 comes out and is out long enough for discounts to kick in.
The C7 ZR1 was such a short and small production run, I think they will retain a lot of their value just like the C6 ZR1 have been doing.
End crystal ball...
Jim
The C7 Z06 will do well until the C8 Z06 comes out and is out long enough for discounts to kick in.
The C7 ZR1 was such a short and small production run, I think they will retain a lot of their value just like the C6 ZR1 have been doing.
End crystal ball...
Jim
Burning Brakes
Joined: Apr 2015
Posts: 839
Likes: 209
From: SC from CT
St. Jude Donor '18 thru '25
Salesmen are just that. Whether they sell lawn care, insurance or Corvettes. Their job is to sell and make as much as they can. None are your friends. If you have the opportunity, sell it yourself. Trade in is a compromise at best, not a win.
CF Community Team
Joined: Apr 2016
Posts: 14,110
Likes: 7,404
From: Pittsburgh
2025 C6 of the Year Finalist - Unmodified
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A middle of the road equipped C8 will easily be in the low to mid $70's which to a Corvette lover/dreamer will make the C7 look really affordable and a great value.Therefore the prices for C7's will maintain or even rise. The C7 Stingray is an incredible automobile and it keeps the Corvette dream real and affordable.
Racer
Joined: Feb 2010
Posts: 489
Likes: 199
From: Vancouver BC
Ah yes true, but it's also people that can easily afford to buy new that are purchasing the used low mileage C7's, with the massive depreciation you could argue that used is where the smart money is going.
Race Director
Joined: Aug 2015
Posts: 12,248
Likes: 4,741
From: SE WI
I agree. And it sure helps that the C7 is quite an awesome vette.
Melting Slicks
Joined: Jul 2013
Posts: 2,090
Likes: 988
From: Orwigsburg Pa
I just read one post where guys are canceling there orders for a C8 because of the cost. Wait till the C8Z06 comes out and start adding all the bells and whistles. That price won’t be pretty unless you have a money tree in your backyard. Lol.
Race Director
Joined: Jan 2002
Posts: 19,557
Likes: 1,470
From: I love you & miss you Linda
2017 C7 of the Year Finalist
St. Jude Contributor
The most shocking thing to me and many people I know about the C8 prices are how much lower they are than expected.
