C7 pricing...
Drifting
Joined: Nov 2005
Posts: 1,924
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Drifting
Joined: Nov 2005
Posts: 1,924
Likes: 275
Another thing I’ve been seeing a lot of is sellers listing a 25-30k c7 that looks nice, but they don’t mention it’s a rebuilt title. So this has many people thinking c7 prices are much lower than they really are. Mostly Any c7 priced under 35 will either have higher miles or a rebuilt title. Or it’s beat up.
Burning Brakes
Joined: Apr 2018
Posts: 882
Likes: 486
As someone who sells corvettes for a living. I see prices very slowly falling, likely due to the massive price drops from the C8 market and just normal price depreciation of a used car.
In April I sold 2014 2lt non z51 47k miles for 42k, and last week I sold a 2014 z51 2lt with 38k miles for 42k. I just picked up a 2016 2lt non z51 with 39k miles that I will also sell for 42-43k.
As you can see if you get a decently low mile car with options, low 40’s is easily doable. Prices certainly haven’t fallen off a cliff on the C7 market.
if I was considering a c6 in the 30 range, vs a c7 in the 40 range, I’d take the c7 all day long. It’s miles ahead in many aspects. Oddly enough, prices on c7’s actually rose for a couple years just like mostly everything else on earth.
I also sell a lot of C5’s which seem to be holding value really well currently.
In April I sold 2014 2lt non z51 47k miles for 42k, and last week I sold a 2014 z51 2lt with 38k miles for 42k. I just picked up a 2016 2lt non z51 with 39k miles that I will also sell for 42-43k.
As you can see if you get a decently low mile car with options, low 40’s is easily doable. Prices certainly haven’t fallen off a cliff on the C7 market.
if I was considering a c6 in the 30 range, vs a c7 in the 40 range, I’d take the c7 all day long. It’s miles ahead in many aspects. Oddly enough, prices on c7’s actually rose for a couple years just like mostly everything else on earth.
I also sell a lot of C5’s which seem to be holding value really well currently.
That is, if you want one.
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Instructor
Joined: Apr 2018
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From: Allegheny National Forest
Last edited by Steel City; Aug 14, 2024 at 01:47 PM.
Drifting
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Pro
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From: Sarasota, Florida
2025 C7 of the Year Finalist- Unmodified
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Instructor
Joined: Apr 2018
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From: Allegheny National Forest
Drifting
Joined: Nov 2005
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your guess on price is correct. I’ve bought 3 c7’s now in that price range you mentioned and I’ve sold them all for 42. Wash rinse repeat. 👍
Melting Slicks
Joined: Oct 2022
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From: Phoenix, Arizona
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Instructor
Joined: Mar 2008
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Apples and Oranges
Auction, trade ins, repos, insurance thefts/claims, and distressed sales are always gonna be out there for a dealer backed by a large bank to gain a sizable profit margin on any vehicle gentlemen. Thats why there is a market for dealer sales
Cant consider this as a “normal” price point for the average consumer. Thats why the dealer here isnt telling you his purchase price. His market isnt the same as your average consumers.
I just got my 15 Z51 2Lt M7 w 35K and many upgrades, for $43K, but also some hidden wear n tear issues from track uaage, & AWE Track exhaust
I searched nationwide because I wanted the Adrenaline red 2LT interior in a Torch red MANUAL car. Hard to find many this way with low miles. Black interiors & autos are a dime a dozen
Auction, trade ins, repos, insurance thefts/claims, and distressed sales are always gonna be out there for a dealer backed by a large bank to gain a sizable profit margin on any vehicle gentlemen. Thats why there is a market for dealer sales
Cant consider this as a “normal” price point for the average consumer. Thats why the dealer here isnt telling you his purchase price. His market isnt the same as your average consumers.
I just got my 15 Z51 2Lt M7 w 35K and many upgrades, for $43K, but also some hidden wear n tear issues from track uaage, & AWE Track exhaust
I searched nationwide because I wanted the Adrenaline red 2LT interior in a Torch red MANUAL car. Hard to find many this way with low miles. Black interiors & autos are a dime a dozen
Last edited by CreepinDeth; Aug 29, 2024 at 02:23 PM.
Instructor
Joined: Apr 2018
Posts: 198
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From: Allegheny National Forest
Carvana value tracker just told me that the value of my 2019 2lt convertible Stingray just dropped ANOTHER $2400 since last month at this time! They value it now at $44,800! 2019 10,000 mile 2 lt convertible!!
If that isn't values falling off a cliff, I don't know what is?!
Instructor
Joined: Mar 2008
Posts: 194
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With the details he provided you can ballpark what he paid for it as a dealer using the Carvana trade estimate
I would gander a wild guess being $35K-$37K range tops
Probably less if auction. More risk here also tho
I would gander a wild guess being $35K-$37K range tops
Probably less if auction. More risk here also tho