C7 value dropping

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Jan 13, 2020 | 07:51 PM

~~CSEVEN~~

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C7 value dropping

4K c7s on the used car market starting at 30k ... ouch!

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Jan 13, 2020, 09:04 PM

KCV

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I don’t care if my C7 value drops to 0. I plan to keep mine for many many years.

21 Jump to Original Reply

Jan 13, 2020 | 07:53 PM

rdeantet

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6 year old car going for more than half it’s original value is actually strong...check out a 6 year old Mercedes SL

Jan 13, 2020 | 07:54 PM

jcapps

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From: Florida

Quote:

Originally Posted by CSEVEN

4K c7s on the used car market starting at 30k ... ouch!

Frankly they will hold their value. I also think, as vette owners we should not troll each other. The C7 is a great car and will always be. For the record I do not own one.

Jan 13, 2020 | 08:05 PM

Plexoer

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Quote:

Originally Posted by rdeantet

6 year old car going for more than half it’s original value is actually strong...check out a 6 year old Mercedes SL

While I agree about holding value compared to others, that car is a 3LT Z51 which probably stickered for more than 63,000. So I would say its lost more than half.

Last edited by Plexoer; Jan 13, 2020 at 08:05 PM.

Jan 13, 2020 | 08:07 PM

kratedisease

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That one car , that does not represent the entire used 2014 C7 inventory might be a multiple owner car that might have been in an accident. or a buy back. Who knows.

Jan 13, 2020 | 08:14 PM

RapidC84B

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This just in... old generation model used cars depreciate! Read all about it!

Jan 13, 2020 | 08:15 PM

NY09C6

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From: Texas

Quote:

Originally Posted by Plexoer

While I agree about holding value compared to others, that car is a 3LT Z51 which probably stickered for more than 63,000. So I would say its lost more than half.

many people who bought cars like that got 8-12k off sticker. If someone paid sticker, hopefully they don’t make that mistake again.

Jan 13, 2020 | 08:15 PM

~~CSEVEN~~

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It’s a one own clean car fax.... great deals out there.

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Jan 13, 2020 | 08:18 PM

fasttoys

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From: Big D Dallas TEXAS

This is the reason I never believed a fellow C7 Z51 owner getting 44k last month for a 1LT manual with 19k miles.

Jan 13, 2020 | 08:22 PM

#10

RapidC84B

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Sold mine in June via KBB instant cash offer for $34,800. 2014 2LT Z51 with 58K miles. I’d be lucky to get $30 now.

Last edited by RapidC84B; Jan 13, 2020 at 08:22 PM.

Jan 13, 2020 | 08:27 PM

#11

C8Jake

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From: ►SICAMOUS◄

Quote:

Originally Posted by CSEVEN

C7 value dropping

imagine that

Last edited by C8Jake; Jan 13, 2020 at 09:12 PM.

Jan 13, 2020 | 08:50 PM

#12

~~CSEVEN~~

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I really think it’s best to dump these cars after two years of ownership, that’s my plan for the C8. I’m ready thinking about the z06 C8

Jan 13, 2020 | 08:51 PM

#13

~~faninc~~

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2019 1LT Grand sport

Sold my 2019 1LT Grand Sport one week before the reveal for $52,000, glad I got out then.

Jan 13, 2020 | 09:04 PM

#14

KCV

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I don’t care if my C7 value drops to 0. I plan to keep mine for many many years.

Jan 13, 2020 | 09:07 PM

#15

roadbike56

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From: Holly Springs NC

St. Jude Donor '16-'17,'22,'24

Either they sold 700 cars today or the first post is incorrect. 3312 used and certified C7s showing as of 9PM EST. I'm not surprised at this number and no, the sky is not falling. And for those that are interested, the big dealers raised the prices in January on the remaining new C7s.

I'm pretty sure they didn't do that because they aren't selling, just a guess.

Jan 13, 2020 | 09:10 PM

#16

wvanepps

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This needs to be moved to the C7 forum. Why post it in the C8? Seems dumb.

Jan 13, 2020 | 09:16 PM

#17

Big Lebowski

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From: West Burbs of Chicago IL

It’s the middle of the Winter. Sports cars never sell well in January as 1/2 the country can’t/won’t drive them until April/May (me included)...obviously there is a flood of inventory and drop in demand with the C8 Coming out but the sky will stop falling once the warmer weather returns.

Jan 13, 2020 | 09:18 PM

#18

~~CSEVEN~~

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Quote:

Originally Posted by wvanepps

This needs to be moved to the C7 forum. Why post it in the C8? Seems dumb.

because most people posting in this group are C7 owners it might be thinking about selling that car.

Jan 13, 2020 | 09:20 PM

#19

Big Lebowski

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From: West Burbs of Chicago IL

Quote:

Originally Posted by fasttoys

This is the reason I never believed a fellow C7 Z51 owner getting 44k last month for a 1LT manual with 19k miles.

‘Yeah, he’s full of it.

Jan 13, 2020 | 09:24 PM

#20

sprayer

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That will exactly happen to the C8 too. Once you leave the dealer your car will be worth 5k less.

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