Why ? My '17 is doing very nicely thank you. I won't even think about trading till late in the 2021 MY production.
C7 value dropping
Team Owner
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From: Big Bend Country, TX
St. Jude Donor '06-'07-'08-'09-'10-'11-'12-'13-'14-'15- '16-'17-‘18-‘19-'20-'21
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Instructor
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In about 30 years, when the hipsters of 2050 are into retro stuff, our MANUAL c7s are going to be worth a fortune even if driven daily. 
(hopefully, because I have no intention of buying a non-manual sports car so I'll probably still have my c7 in 30 years).
That being said, hipsters are stupid. Why someone today would want a 30 year old pickup or Bronco baffles my mind. They ride awful and have no redeeming qualities other than being cheap.
Well, they used to be cheap.
(hopefully, because I have no intention of buying a non-manual sports car so I'll probably still have my c7 in 30 years).That being said, hipsters are stupid. Why someone today would want a 30 year old pickup or Bronco baffles my mind. They ride awful and have no redeeming qualities other than being cheap.
Well, they used to be cheap.
Last edited by Wgg2017; Jan 13, 2020 at 10:48 PM.
Pro
Joined: Jan 2013
Posts: 602
Likes: 387
From: Tampa
Not at first, but eventually. Much like the C7 there will be a lot of "used" C7s selling for MSRP or more from people who want them NOW and did not put a deposit down, and or don't want to wait to get one built. It took until the C7 allowed supplier discount for the value to drop 5K when buying off the lot.
Pro
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Race Director
Joined: May 2005
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From: Middletown, DE
Thanks. I’ve been following C7 prices since I picked up mine a year ago. Nothing at all unusual about depreciation pattern; if anything, prices on the M7 variants have held up remarkably well. You see a C7 for cheap? There’s a reason...
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Burning Brakes
Joined: Jan 2013
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From: Houston TX
I’m tempted to go back to the start of the C7 general forum from 2014, and find all of the folks who were dumping all over C6 owners about how the C6 was “obsolete”....just to see if any of them start whining about C7 values now... 
Team Owner
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St. Jude Donor '06-'07-'08-'09-'10-'11-'12-'13-'14-'15- '16-'17-‘18-‘19-'20-'21
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Melting Slicks
Joined: Dec 2013
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From: Missouri
In 2014 corvettes were selling for MSRP or more.....exactly as they are doing on the 2020 C8. Looks like a lot of people are making that mistake again!
Racer
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From: Irvine CA
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Last edited by Telepierre; Jan 14, 2020 at 08:24 AM.
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Le Mans Master
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From: Central Illinois
This is the tip of the iceberg, in about four to five months there will be a real drop, C8s aren't on the ground yet and most Corvette owners haven't traded theirs in. Once a steady stream of C7s start showing up, then the real used prices will happen.
Le Mans Master
Joined: Jan 2017
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From: New England
OP using a salvage title car to present a doom and gloom scenario that C7 prices are plunging in a C8 thread to make people feel better?
Classic. Nearly $30K for salvage title 2014 C7 is actually pretty decent money and shows the C7 is pretty strong still.
Classic. Nearly $30K for salvage title 2014 C7 is actually pretty decent money and shows the C7 is pretty strong still.
Last edited by thill444; Jan 14, 2020 at 08:44 AM.
Race Director
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2020 C6 of the Year Winner - Modified
I would agree that C7 Stingrays look somewhat dated along with nearly every gen’s base model. A C7 wide-body still looks pretty new, and I get asked all the time about the age of my GS as most can’t believe it’s over 8 years old. It’ll happen to the C8 Stingray as soon as the Z06 & other wide-body variants are released. The Base Corvette has always been somewhat vanilla.