No but from buyers perspective a single owner car has more value than multiple owners , generally thats how it works , not sure about corvettes/ sports cars

 

Sports cars generally being toys, trade hands more often than utility vehicles especially when new.
If this bothers you as a buyer, either buy brand new or keep looking. The only thing that is going to matter to the seller is the present condition of the car.

 

Taxes is a way of life. It' be like saying I don't want to make more money as if I do I will move into the next tax bracket turning down the raise. For me it was my a retirement dream fulfilled. The kids are grown and gone so it my turn to get a car that I could only dream about owning raising a family.,.,

QUOTE=MMD;1602812562]The more you pay for a vehicle the more money your throw down the drain in sales taxes. Some states will give you credit for the sales tax you paid on the traded vehicle, some states will not. I live in one of those states. Also, if you live in a high tax state you really get screwed. So buying, or trading in a vehicle frequently is not a wise thing to do for many car enthusiasts unless they have unlimited budgets and enjoy paying state governments for nothing.[/QUOTE]

 

lots of good reasons posted. My opinion is that "Corvette" is one of those "things" lots of people want, but do not need. Eventually the want gets the better of most and they go buy one. Many (maybe most) folks that get one turn them into garage queens, drive only in good weather baby to death.....
These folks eventually realize that a Corvette can suck a lot of mental energy out of you, worrying about driving it, the gas, modifications, weather, parking, too hot, too cold, run flats, etc. and so it becomes a burden to own. I go through this several times - I'm on my 6th Corvette? and been through the very draining emotional ups and downs.

Do not take what I'm saying is bad it just is. My thinking is if you can aford it buy a Vette, drive it a while then if it becomes a burden, let someone else own it. Right now I have a 2017 GS Yellow with Black. I really like the car and expect it will be my last Vette as I'm an old guy.

I personally like the fact that there are a lot of low mileage Vettes available- the number of owners can be interesting but reflects what I decribed above.

 

Jwmgr8, I couldn't agree with you more. The only exception being the level of concern for environmental issues when driving. Considering the orig owner had it completely wrapped in PPF, I'm much less concerned.

 

Wanting an item for so long does open up the possibility the reality doesn't match the anticipation....In "Inherit the Wind" Spencer Tracy tells Frederich March how much he wanted a wooden pony in a store window as a kid for Christmas only to find the reality was a piece of junk.........

 

Probably because there aren't a lot of people like me who daily drive their Corvette. Like others said, for most it's just second car that easily sold if funds are desperately needed, don't want the added expense, kids come along, a new toy comes along, or various other reasons.

I'm already the third owner of my 2019... but I plan on keeping mine at least six or seven years then probably buy a C8. Or not... maybe I'll just keep this car forever, it's not like I really drive it all that much anyway (about 4k miles a year on average).

 

I retired at 68, no one in my family lives beyond 80, I am now 74…. given that and my love for two door coupes, over the past 6 years, I have had a lot of cars, 3-10 months and then sold it…. They include 2012 Nissan 370Z, 2013 Genesis coupe, 2014 Nissan 370z, 2016, Miata MX5, 2018 Nissan 370z, 2006 Jaguar XK, 2013 Mercedes SLK, 2012 Corvette C6, 2015 Nissan 370Z, and now a 2014, Corvette C7 Z51, 3LT.

I kept returning to the Nissan 370z because it was the most comfortable for my 6’4”, 2012 lb frame. The 2016 MX5 was fun to drive but too tight for me. Loved the C6, took it for one long road trip for 5190 miles but 5 months after I fought it for $28k, someone offered me $34k and I thought it was great getting $6k over what I paid 5 months ago (and then the market exploded).

I bought a 2014 C7 Z51 3LT. Age is catching up, back and leg issues will happen so my next one will likely be an SUV but for now, loving my C7.

To get back to the original post, a lot of owners fulfill a childhood dream, buy a Corvette and after a while, it’s hard to drive it much. Mine is a daily driver but for short trips, I find myself increasingly opting for my wife’s Mazda 6. Just drove my C7 on a 1500 mile trip, hit 122 on an open stretch in Arkansas, cruised at 88mpg most of the way, slowing down for traffic or radar alert for cops. It’s a road trippers dream..

 

OP:

1.Over extending their financial resources.

Owners operational costs ie. maintenance, insurance, and interest expense.

2.Social media: "Fear of missing out" (FOMO) A form of anxiety that you get when you're scared of missing out on a positive experience that someone else is having.

Unsurprisingly, its one of the most widespread negative effects of social media on society.


Many thanks,

Ray

 

MY 2017 has 2 previous owners + many dealers. One guy traded it for a Cadillac. Then it went to auction. and shipped 1000 miles away. owner 2 didn't know what a Z07 was. He hated it with the cup2 tires.
This was all within 3000 miles. I'm probably listed as the 3rd or 4th owner with only 6,000 miles. and now it has deer damage. So the car fax is ruined....

 

I have had my 2017 Stingray for exactly 2 years and I am going to sell it. I love everything about this beautiful car except the driver’s seat. I drive 45 minutes to work one way once or twice a week and that is about all I can tolerate. I am 6-foot-3 and my back is very uncomfortable in the seat. I cannot imagine taking the car on a trip more than two hours. I went through a bank drive-thru and while reaching for my wallet, my knee pressed the hatch release button. I had to park and shut the hatch. I also have a 2013 base model Corvette and it is comfortable to drive two or three hours. I could probably drive the C6 300 miles with no problem. When I bought the Stingray, it had 1,100 miles and now it has 9,600. So I think it is a good time to sell. The seat has no lumbar adjustments. It is too curved for my wide shoulders.

 

What do want for it?

Post specifics.

 

Well I still own my first one that I was the second owner......I have owned it 40 years.

Maybe I will own my second one that long too. On the 2017 I made minor mods like CAI, TB/TC, X-pipe, Catch can, etc. and about a year ago I told my wife I had done everything that I wanted to do with it and now we can just enjoy it. I bought the 2017 new so it is one owner.

Ken

 

They are toys. As such, many don't get used enough for some to keep them, or they move on to another toy.

 

My take. I bought my 2019 GS Elkhart Lake Blue/Kalahari 2LT M7 almost a year ago. I’m the 4th owner. The first two owners had the car for less than 1 month each, up in Connecticut (I’m in Fl, bought the car over near Tampa at a reputable dealership). The 3rd owner had it for about a year and put 9k miles on it. He had a full clear wrap done, power stop quiet pads, 1-4 shift device installed, and that was it. When he traded it in there, he said he loved the car but the manual trans was tough to get “used to” and it was a chore to always avoid hitting the front splitter on stuff.

I think a lot of people think they want one, then get it and realize it’s a race car with nice seats and a stereo. Especially if they get a manual trans.

I’ve had the car now for almost a year, put 5K miles on it and did two track days so far. I did a MGW shifter, replaced all the fluids, and did a Soler TB and pedal commander. Aside from a little surface corrosion on the underside from being a Connecticut car, it’s perfect. What a machine. I’ll probably keep it forever.

 

Carmax is offering $41,600 for this 2017 Stingray with 9,600 miles and a manual transmission. I have an appointment tomorrow at a Carmax store and will drive the Stingray. It is flawless and unblemished. It runs well and I have taken care of it. I have never driven it in the rain. I may trade it for a C6 so that I would have two C6 Corvettes.

 

Hello, new member here and coincidently the first blog I read happens to relate to my same dilemma. All my searches appear to be coming up with more owners than desired. By doing some recent research on the C7 finding out that this generation had half the years of design/mechanical issues that were documented by their owners. This could a good reason for the multiple turnovers with these cars. I discovered that 2014, 2016, and 2018 were the years to buy and the odd number years to avoid. Best to keep doing research. I'm still a true corvette fan and believer in this auto icon.

 

I noticed that a lot of them got thru Corvette Brokers, mine did. They buy the cars then are forced to title them in the state where they do business. For example. My car was purchased new in Arizona, bought by my broker in SC, then I purchased it. I will technically be the 3rd owner.

 

Thank you for the insightful feedback and I did overlook this other aspect of possible multiple owners and some states not granting tax credits for those who like to exchange cars more frequently.