C7 values getting weaker
Safety Car
Joined: Sep 1999
Posts: 4,904
Likes: 698
From: grand rapids, lowell mi. area
I will be buying very shortly , check out the markeplace in florida ,there is alot of them in the thirty range and some of them have less then 20 thousand miles ,gonna be down there the end of February ,and hopefully driving one back !!
Drifting
Joined: Nov 2005
Posts: 1,668
Likes: 888
Today there are deals on new C7’s.
There hasn't been a single dealer deal posting in the Dealers inventory C7 discussion since 1/3/20.....
Last edited by SilverGhost; Jan 19, 2020 at 03:33 PM.
Le Mans Master
Joined: Mar 2016
Posts: 9,156
Likes: 4,000
From: 2019 CMG Z06
I predict the sun will rise tomorrow and the c7 prices will be > $1.
Now, can we all get back to arguing about taillights, catch cans and cracking wheels? Getting bored with these daily "what will c7 prices do?" threads.
Now, can we all get back to arguing about taillights, catch cans and cracking wheels? Getting bored with these daily "what will c7 prices do?" threads.
Burning Brakes
Joined: Dec 2019
Posts: 1,043
Likes: 814
From: Virginia
I can attest to this. In mid-December, when I bought my pre-owned 2019 Convertible (1665 miles) from up in NY State, the small dealer (mom and pop) I purchased it from said they had taken it to auction 2 weeks before I bought it and nobody wanted it. I can understand why......there was 10 inches of snow on the ground.
Last edited by Jason71; Jan 19, 2020 at 04:19 PM.
Race Director
Joined: Oct 2011
Posts: 15,049
Likes: 1,613
From: Holly Springs NC
St. Jude Donor '16-'17,'22,'24
I understand some of the frustration with another value of the C7 thread, but it's understandable this year. There have been many predictions of doom and gloom coming out of the C8 forum. Some predicting there will be a flood of used C7s on the market as they are traded in when the C8s are delivered.
Folks who just bought a C7 are a little concerned that they overpaid and there are those who want a C7, but find the current prices a little too high. They're anxious to see what happens. So that's some of what's driving these threads.
Folks who just bought a C7 are a little concerned that they overpaid and there are those who want a C7, but find the current prices a little too high. They're anxious to see what happens. So that's some of what's driving these threads.
Racer
Joined: Sep 2012
Posts: 310
Likes: 136
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Race Director
Joined: Oct 2008
Posts: 16,643
Likes: 7,714
From: NJ
as inflation increases at the same rate making a dollar today worth less each year and how good the newer cars are (especially later years) don't 3cpect to find a "mint" C7 for 25k.... ever... they will stay close to C6Z pricing only slightly behind and "mint" C6Zs are still high 30s. If time stood still? Then I would agree. It doesn't so the dollar will continue to lose and the car will stay strong (when you use "mint" as the description of condition).. high mileage? Accident? 5 7 10 owners? Yeah. But not "mint".
Thread Starter
Melting Slicks
Joined: Mar 2003
Posts: 2,928
Likes: 55
From: Port Saint Lucie, Florida
Hi
Last year being without a vette for a while l was thinking about getting another one. My last vette l traded it in for a Mercedes vert so l would have room
for my 2 grandchildren. Now l am thinking 3rd car and being out of it for awhile l had to check with the forum. Things change and if not no big deal.
thanks
Last year being without a vette for a while l was thinking about getting another one. My last vette l traded it in for a Mercedes vert so l would have room
for my 2 grandchildren. Now l am thinking 3rd car and being out of it for awhile l had to check with the forum. Things change and if not no big deal.
thanks
Racer
Joined: Sep 2012
Posts: 310
Likes: 136
I think Corvette owners will be our own worst enemy when it comes to resale. The current C7 owners who are planning to sell their cars for the C8 will hopefully practice patience when selling or trading in their cars.
Thread Starter
Melting Slicks
Joined: Mar 2003
Posts: 2,928
Likes: 55
From: Port Saint Lucie, Florida
Hi
just need a handle on where the market is, probably buying a second house soon and my bride holds the $ in my house lol Right now l am thinking
2014/2015 coup z51, low mileage as new and l will pay the price if reasonable.
just need a handle on where the market is, probably buying a second house soon and my bride holds the $ in my house lol Right now l am thinking
2014/2015 coup z51, low mileage as new and l will pay the price if reasonable.
Thread Starter
Melting Slicks
Joined: Mar 2003
Posts: 2,928
Likes: 55
From: Port Saint Lucie, Florida
I am in south Florida now, a boat load of vettes scattered all over the place, prices all over the place. Being on the ocean the salt in the air is ridiculous even though l didn’t notice any rust l feel l must be missing it.