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I think C7 values overall are going through the roof. Why? There are a few reasons:
1) Minimal C8 production numbers for 2020 (Covid, recalls, etc)
2) Several C7 owners that planned to upgrade have now seen the C8 and are disappointed (common reasons: hate the interior, no manual tranny, not a fan of mid-engine, not happy with the looks of it, etc)
3) C7 owners are holding on to their Vette to wait to get past first year bugs with the C8 - so used inventory is low, driving up the price (supply and demand)
4) Specifically for the Grand Sport - there might be a few die hard fans that seek out the Grand Sport since this may be the last generation - but I dont see it jumping values such as a rare or collector model
GM hasn't officially come out and said no more Grand Sport, don't completely buy into what websites write for clicks to determine your purchasing/selling decisions.
As with any C7 model, regardless of it continues, they will continue to depreciate unless you own a ZR1, especially a manual. Only M7s will hold some sort of value over their auto counterparts but don't expect an auto Grand Sport to start holding value just because there's rumours a C8 Grand Sport won't be made.
C7 values regardless of model or trim will basically be unaffected by the C8 long term.
Short term we are seeing C7s going for more $$$ because of the reasons @Mayor111 stated.
And as @Exia noted any M7 cars will likely command a slight premium.
These cars were mass produced and many are kept comfortable in garages under a soft blanket, so in the future there will be none of this 1 of 1 barn find madness you see on Barrett Jackson.
If I ever had a plan to replace my '14 C7 Conv Z51 1LT 7MT now would be the time (actually had a dealer I had dealt with before call me cold with a solid offer) but I'm retired, its my last Vette buy, got only 16.6K on the odo and its paid for...…..As for GS's (owned a '12 Conv) agree with those above, not much if any impact and that which does exist will be short lived.
Last edited by dbirdhouse1; Oct 9, 2020 at 04:34 PM.
GM hasn't officially come out and said no more Grand Sport, don't completely buy into what websites write for clicks to determine your purchasing/selling decisions.
As with any C7 model, regardless of it continues, they will continue to depreciate unless you own a ZR1, especially a manual. Only M7s will hold some sort of value over their auto counterparts but don't expect an auto Grand Sport to start holding value just because there's rumours a C8 Grand Sport won't be made.
I expect there will be a Grandsport prior to the C8 run coming to an end.
Grandsports are far too popular and far too profitable for GM for there not to be one.
From: In a parallel universe. Currently own 2014 Stingray Coupe.
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I doubt there will be any significant price change for the C7 GS even if there is no C8 GS. I think over the long term it will follow the same depreciation curve as previous models.
With the introduction of the American Lambo Clone I.E. C8 Corvette, The Corvette and the GS has become extinct. I really dislike the interior and the body style. The C7 GS is a thing of beauity and should be in MOMA. The prices on the C7 and C7 GS are through the roof but Im still not tempted to sell her. I know that many of you Corvette-ites will get rankled by my opinion but hey we can agree to dis agree.
