Used corvette prices
Team Owner
Joined: Sep 2001
Posts: 22,582
Likes: 251
From: Denison, TX
2022 C8 of the Year Finalist - Unmodified
CI 3-4-5-6-7-8-9-10 Veteran
St. Jude '03-'04-'05-'06-'07-'08-'09-'10-'16
The second 1000 miles. 
We picked up our C8 an dimmediately headed south for a 10 day, 3000 mile road trip. With some lucky early spring weather hitting on a weekend, I've now had the chance to drive them back to back on multiple occasions. They are both fun, the C8 is tons better at nearly everything other than the top down fun cruising. I made the decision yesterday when I had to accept or decline my trade offers from Tesla to finalize my paperwork. The C8 is getting traded in next week.
We picked up our C8 an dimmediately headed south for a 10 day, 3000 mile road trip. With some lucky early spring weather hitting on a weekend, I've now had the chance to drive them back to back on multiple occasions. They are both fun, the C8 is tons better at nearly everything other than the top down fun cruising. I made the decision yesterday when I had to accept or decline my trade offers from Tesla to finalize my paperwork. The C8 is getting traded in next week.
Pro
Joined: Apr 2019
Posts: 675
Likes: 441
My wife currently has a C7, and I took delivery of my C8 last month. My wife takes delivery of her C8 next month. I'd rather keep the C7 and have one of each than two C8s. The C7 does one thing better than the C8, and that happens to be the one thing I actually have a vette for. Fun, top down spirited driving on perfect days. If I needed to use it for anything else, I'd keep the C8 over it, but as it is, for the money, I'll stick with the C7.
Instructor
Joined: Sep 2012
Posts: 156
Likes: 14
From: NC
Some people don’t want all the tech and detached feel of the new cars. Some prefer manual transmissions. Some prefer a less cluttered interior. Some don’t want a base model. Some want a faster track car (i.e. C6 Z06, ZR1, C7 Z06 still faster around many tracks than a C8 Stingray). Some prefer a Corvette they can mod for even more power and not have to worry about warranty or damaging other components. Etc., etc., etc.
Just because you feel your C8 Stingray is better than a previous generation doesn’t it make it so
Just because you feel your C8 Stingray is better than a previous generation doesn’t it make it so
All the cars you mentioned above are fast as hell....folks are gonna go get what they want and have whatever opinions or perspectives they choose..
Le Mans Master
Joined: Jul 2013
Posts: 5,191
Likes: 3,388
From: Morrill Nebraska
Used C8's are not bringing 20-30 over sticker. They might be asking 20-30 over but they are not getting it. I shopped my c8 to all the online buyers, Carmax, Carfax, Southern Exotics and many more. A couple of the big boys told me they couldn't sell the C8's they had. Ended up trading it to the dealer where I am getting my new C8. He has feelers out all over the country with no takers. People thinking they are going to make big bucks on their used Corvettes, I hate to burst your bubble but that ship has sailed.
Racer
Joined: Dec 2020
Posts: 437
Likes: 164
Used C8's are not bringing 20-30 over sticker. They might be asking 20-30 over but they are not getting it. I shopped my c8 to all the online buyers, Carmax, Carfax, Southern Exotics and many more. A couple of the big boys told me they couldn't sell the C8's they had. Ended up trading it to the dealer where I am getting my new C8. He has feelers out all over the country with no takers. People thinking they are going to make big bucks on their used Corvettes, I hate to burst your bubble but that ship has sailed.
Race Director
Joined: Nov 2017
Posts: 12,759
Likes: 10,657
From: Prosper TX/Austin TX
2020 C6 of the Year Winner - Modified
Used C8's are not bringing 20-30 over sticker. They might be asking 20-30 over but they are not getting it. I shopped my c8 to all the online buyers, Carmax, Carfax, Southern Exotics and many more. A couple of the big boys told me they couldn't sell the C8's they had. Ended up trading it to the dealer where I am getting my new C8. He has feelers out all over the country with no takers. People thinking they are going to make big bucks on their used Corvettes, I hate to burst your bubble but that ship has sailed.
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Race Director
Joined: Nov 2004
Posts: 15,678
Likes: 1,097
From: birmingham Alabama
St. Jude Donor '09 and '13
Used C8's are not bringing 20-30 over sticker. They might be asking 20-30 over but they are not getting it. I shopped my c8 to all the online buyers, Carmax, Carfax, Southern Exotics and many more. A couple of the big boys told me they couldn't sell the C8's they had. Ended up trading it to the dealer where I am getting my new C8. He has feelers out all over the country with no takers. People thinking they are going to make big bucks on their used Corvettes, I hate to burst your bubble but that ship has sailed.
Race Director
Joined: Nov 2004
Posts: 15,678
Likes: 1,097
From: birmingham Alabama
St. Jude Donor '09 and '13
Most I see listed for sale are between $15k - $20k above original MSRP, which means they probably gave the previous owner anywhere between $5k - $10k over original MSRP. When sales taxes and fees are factored in, that means most are breaking even or walking away with slightly more than what they paid. As with anything, the more that are circulating in the market the lower the prices go. I think as soon as the Z06 starts production, Stingray prices will fall further.
Race Director
Joined: Nov 2017
Posts: 12,759
Likes: 10,657
From: Prosper TX/Austin TX
2020 C6 of the Year Winner - Modified
There may be some who need to be first on their block to have one that pay that much over, but the majority will be sold at or near MSRP.
Melting Slicks
Joined: Feb 2007
Posts: 2,787
Likes: 139
From: center of Kalifornia
Seen this all before with C6 and C7, I will just take my time and maybe next year look into C8 new or a good deal on a low mile previous owned. My current C6 and C1 will do for now just fine.
Just noticed I am now a 15 year member this month!!
Just noticed I am now a 15 year member this month!!
Racer
Joined: Dec 2020
Posts: 437
Likes: 164
Right which is going to put it above what a lot of people will be willing to pay. Then we should see a little larger price increase on the 2023’s which might help keep the prices from dropping much.
Burning Brakes
Joined: Apr 2020
Posts: 777
Likes: 429
Used C8's are not bringing 20-30 over sticker. They might be asking 20-30 over but they are not getting it. I shopped my c8 to all the online buyers, Carmax, Carfax, Southern Exotics and many more. A couple of the big boys told me they couldn't sell the C8's they had. Ended up trading it to the dealer where I am getting my new C8. He has feelers out all over the country with no takers. People thinking they are going to make big bucks on their used Corvettes, I hate to burst your bubble but that ship has sailed.
Buyer flew in from Texas. Went to one of his branch banks. Got a bank cashiers check for $85,000 and he drove off. Just $20,000 over MSRP, and happy as hell!
Our original plan was to drive it for two years and try and get $50,000 out of it, Drove it for two years got $35,000 above that. Never dreamed that would happen.
Smiled all the way to my bank.
Le Mans Master
Joined: Jul 2013
Posts: 5,191
Likes: 3,388
From: Morrill Nebraska
Here is a fact for you. The car I traded to the dealer is setting on the show room floor with a price tag of 88,950 0n it. I paid MSRP of 89,250. Team Chevrolet Scottsbluff Nebraska. There is a picture of the car on their web site so you can see it for yourself.
Last edited by robertbruce; Mar 10, 2022 at 09:36 PM.
Instructor
Joined: Aug 2020
Posts: 196
Likes: 112
From: New Ulm, Minnesota
value.
Racer
Joined: Dec 2020
Posts: 437
Likes: 164
Must be an extremely weak market, 1LTs are going for 94-98K here. Just had a buddy sell his 2021 2LT Z51 he paid 89 for including tax and he got 96K from a broker.
Melting Slicks
Joined: May 2021
Posts: 2,562
Likes: 1,579
I wouldn't let my sixth gen ZR1 go for any less then ppl are paying for a brand new loaded up C8 even though its now a 9 year old car. I have no plans to sell that car at all, in fact my C8 would go first. Once you can't buy a new ICE powered car anymore wait to see how much they will be worth to some people.
They will make it harder and harder for you to fill your tank. In their dreams anyway, but their dreams may come true soon enough with dry sodium battery tech coming soon.
Le Mans Master
Joined: Jul 2013
Posts: 5,191
Likes: 3,388
From: Morrill Nebraska
Last fall the high price I got from brokers was 104,000 with a low of 94,000. I held off thinking the price would stay plus I could enjoy the car longer. Five months later the high price from brokers was 88,000 with a low price of 65,000. The dealer offered me 83,000 so it was a no brainer because of the tax brake. I am not complaining because my 2018 Z06 MSRP 104,000 was bought by a broker for 65,000.This was before the insane price increase. I got one of the first 2020's. I get a new corvette every two years or twenty thousand miles which ever comes first. My 2022 will be Corvette # 10 so I know a little bit about selling Corvettes, My cars always have a lot of miles on them as we drive them all over the country. The high prices if people are getting what they say they are getting must be cars with no miles on them. This time when I get the car I will back it out of the garage every Sat., wax it and put it back in the garage. NOTTTTTTTTTTTTTTT. TPW 3/21 ordered exactly like the 2020 minus the engine appearance package which was on restraint. 91,454.00 MSRP for the 2022.
Last edited by robertbruce; Mar 11, 2022 at 06:40 AM.
Instructor
Joined: Aug 2020
Posts: 196
Likes: 112
From: New Ulm, Minnesota
Last fall the high price I got from brokers was 104,000 with a low of 94,000. I held off thinking the price would stay plus I could enjoy the car longer. Five months later the high price from brokers was 88,000 with a low price of 65,000. The dealer offered me 83,000 so it was a no brainer because of the tax brake. I am not complaining because my 2018 Z06 MSRP 104,000 was bought by a broker for 65,000.This was before the insane price increase. I got one of the first 2020's. I get a new corvette every two years or twenty thousand miles which ever comes first. My 2022 will be Corvette # 10 so I know a little bit about selling Corvettes, My cars always have a lot of miles on them as we drive them all over the country. The high prices if people are getting what they say they are getting must be cars with no miles on them. This time when I get the car I will back it out of the garage every Sat., wax it and put it back in the garage. NOTTTTTTTTTTTTTTT. TPW 3/21 ordered exactly like the 2020 minus the engine appearance package which was on restraint. 91,454.00 MSRP for the 2022.