Why so many multiple owners??
Safety Car
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I recently asked the same question in the C7 section. I think people try the car and for whatever reason it's not for them. Let's face it, it isn't exactly an all-weather or family practical car. 
Le Mans Master
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Last edited by Elk; Jan 10, 2021 at 03:32 PM.
Race Director
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From: Virginia
As with sports cars in general, Corvette owner's tend not to keep them very long for a number of reasons. A couple are those who have always wanted one and finally get it only to realize the cost of ownership is too high and they're not really that practical for daily driving.
Then there's the Corvette owner whose always looking for the next one.
Then there's the Corvette owner whose always looking for the next one.
Melting Slicks
Joined: Sep 2013
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From: East Lansing, MI
As with sports cars in general, Corvette owner's tend not to keep them very long for a number of reasons. A couple are those who have always wanted one and finally get it only to realize the cost of ownership is too high and they're not really that practical for daily driving.
Then there's the Corvette owner whose always looking for the next one.
Then there's the Corvette owner whose always looking for the next one.
I think that you're right that many people are only going to keep them for a little while. I've had mine for about 3 1/2 years and have very low miles on it for reasons (health of me and my wife) that I didn't expect. In Michigan where I live auto insurance costs are huge, another reason not to maintain an "extra" car--I have mine insured with Hagerty as a collector car, which somewhat limits how many miles I drive it but does allow errands and the occasional drive to work. (Hagerty wanted to know what my wife and I would have as daily driver cars before issuing a policy.)
I'm not strapped for money and so can afford the extra costs, and I bought the C7 new at about a $10,000 discount with zero down, zero percent financing for five years. ($48,513 plus tax and title.) Someone who spent around $70K and paying a mortgage, for example, would have a big incentive to get into a less expensive car.
Le Mans Master
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From: 2019 CMG Z06/ZR1
Good responses above. As Kevin stated, there’s the “what’s next” crowd and the “ever since I was a kid I wanted one” crowd. The latter soon realizing with family needs or costs of ownership, it’s not the car for them. For me personally, I bought a brand new z51, and a couple years in I wanted more power. Comparing costs and warranty considerations, I figured I’d buy a Z06 instead of upgrading my Z51 before the C7 Z was gone for good. So really, many people buy them, enjoy them a while, then cross it off their bucket list or upgrade to a higher model or to the next gen. There’s really nothing sensible or practical about these cars as far as most people are concerned.
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Safety Car
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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.
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Pro
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Pro
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She mouthed off the bad comments long after purchasing the C7, I showed her the Jay Leno video where he talks about the large trunk for groceries. Nope she wasn't having it, waste of money and all etc. After a few months she barely hushed it was a nice car.
Go figure 6 months later when it was time to store it for winter she patted the dash and said she'd miss the car terribly!! She liked the fact we went places we hadn't gone before and got there quick. We met a couple with his and hers C8's and had a fun little ride, the women chatting together. Then she was amazed we could fit so much groceries...
So now I'm slowly starting to talk about saving up for a Huracan and collecting a few die casts, putting a tiny one in my pocket, another in my work van. She once again exclaimed that you can't fit groceries, it's ugly yaddi yadda. I said yeah you are correct groceries won't fit that's why I'm going to keep the vette too! hahah!
Go figure 6 months later when it was time to store it for winter she patted the dash and said she'd miss the car terribly!! She liked the fact we went places we hadn't gone before and got there quick. We met a couple with his and hers C8's and had a fun little ride, the women chatting together. Then she was amazed we could fit so much groceries...
So now I'm slowly starting to talk about saving up for a Huracan and collecting a few die casts, putting a tiny one in my pocket, another in my work van. She once again exclaimed that you can't fit groceries, it's ugly yaddi yadda. I said yeah you are correct groceries won't fit that's why I'm going to keep the vette too! hahah!
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Like the other posters said, its the "I've always wanted a Corvette since I was a kid" crowd who buy the car, find out they can't get in & out of it very easily & sell it....lol
Drifting
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From: Tampa FL
I always trade my Corvette in when I buy another new one. I think many new Corvette owners do the same. So if you want a nice one get it at the dealer certified pre owned and it will be a one owner car.
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