redraider011

I just bought a 2018 Z51. It was brand new. It is not a daily driver. I plan on trading it in in 2021 on a C8. Question is how bad of a hit will I take? I can search Autotrader and see what 2015 C7s sell for with the approximate mileage I plan to put on my vehicle. Will this pricing hold true with the release of the C8?

How bad did the release of the C7 effect you guys that had 2013 C6s.. Im kicking myself that I might have bought a vehicle one year to soon..

(threads are better with pics.. so here it is!)


Thanks for the input.

rmorin1249

No way to predict what your 3 year old car will be worth in 2021. Figure about 50% of MSRP. The C8 might actually help C7 values. Many don't want a ME car.

redraider011

50% is what I was figuring.. I realize its a crap shoot. Just wondering what the C6 guys experienced when the C7 came out.

oldC5

My God you just bought the car , just drive it and enjoy it. 50% value just guessing especially if ur trading it in.

JDSC8VETTE

The C8 might not be for everyone. I know the C7 has it's very own look and I really like it. The C8 looks just like every other mid engine car and I'm not sure I like it more. Another thing is if they don't offer a manual trans I may not want it. I will be taking my C7 golfing and I know it will hold two sets of clubs in the back for my wife and I. Will the C8 with the little front trunk hold two sets of clubs? That would be a deal breaker for me. I'm hoping the C7 will still be available along with the C8.

rsvette12

By the looks of your house the depreciation may not be a big deal for you nice ride

redraider011

Im probably overthinking things. Just turned 38 and always wanted a sports car. I researched every sports car in my price range and chose the vette for two reasons.. performance and value. Was not aware the C8 was right around the corner when I bought it. I generally don't like to purchase vehicles in their last year of the body style. I do love it though. Ive had more fun than I deserve driving it.

rsvette12

Its not really around the corner or I would be scolding you its about 2 years away - thats quite a bit of time - wish I was 38 C8 would be in my future at 56 not sure about that now

redraider011

You think its 2 years away? I think we will see the production model of the C8 this time next year. But who knows for sure.

jcrooker

You didn't buy a C7 to make money, did you?

Steve_R

rmorin1249

As is almost every new car.

JDSC8VETTE

Most times the last year is the best year and the first year the worst year. Just enjoy your beautiful car and if you really find you like the C8 buy it in about the third year of production. This way the bugs will be figured out and more options will be available. also it will probably be more affordable after a few years of production.

rsvette12

I see 2020 date bouncing around quite a bit - sorry if I am off base just going by the word on the street

redraider011

Hahah.. Thats a big no.. Had a pretty good idea what I thought it would be worth in 3 years. With the arrival of the C8, not sure now. Hence the reason for the question.

rsvette12

Yes seen that date also either way one day without a corvette for me is a very bad day - did I mention I hate snow

Avanti

Who knows at this point; way too many variables to say and I'd question anyone who says they "know" otherwise at this time.

Kevin A Jones

Enjoy your new C7 and don't worry about the hit you will take when/if you still want an C8 (when they do come out).
C7s will still be popular with many and will be sold along side C8 for an undermined amount of time.

fumbling

I'd say that sounds about right, we'll get uncamoflaged views of the C8 in the media starting early 2019, then the actual car at car shows mid/late 2019 and they won't be a common sight at dealerships and "in the wild" until 2020 and after that.

Pricewise there would be heavy dealer markups in the first couple of years that could stabilize used C7 prices until they start discounting C8s maybe in the second/third year of production.

Skid Row Joe

I can see you losing at least $10,000.00 to $15,000.00 by buying the '18 C7, only to trade it on a new C8.