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Chevrolet Corvette Resale Value: Is It Worth The Investment?

The Corvette has been a prime performer within the resale marketplace for a while. In a 2018 research by iSeeCars.com, a 2013 C7 Corvette positioned third behind the VW Golf R and Subaru Impreza WRX for having the bottom common five-year depreciation amongst sports activities automobiles. The C8 Corvette additionally claimed the highest spot in Kelley Blue Book’s Best Resale Value Awards for 2021. With a predicted resale worth of 49.5% of the unique sticker worth after 60 months of possession, the C8 Corvette outperformed perennial rivals like the consistently high-resale-value Porsche 911, which might promote at 48.9% of its sticker worth after 5 years, and the 2021 Dodge Charger Scat Pack, which bought at 47.9%. 

Crucially, the upfront value of a Corvette can be considerably decrease than a few of its rivals. A base Porsche 911 Carrera bought for $91,100 in 2018. The 2018 ‘Vette value simply $55,495. With persistently low-cost buy-in and low depreciation, used Corvette patrons simply have to resolve which Corvette model is the coolest. Notably, for patrons whose tastes run to the traditional, old-school ‘Vettes could be much more rewarding. A mint 1953 C1 Corvette may fetch wherever from $50,000 to a mindblowing $700,000. Not dangerous for a automobile that bought new in 1953 for below $3,500, the equal of $40,000.