Do corvettes hold their value

The iconic Corvette is one of the best models out there for holding its value over the long term. Out of over popular models, it consistently ranks in the Top 10 in years 5 and 7. The longer you own it, the better it does in holding its value versus the competition. If you are looking for a domestic muscle car that will maintain its value over the years, the Corvette should definitely be high on the list, do corvettes hold their value.

Photo Credit: CorvetteFurman. The research geeks at iSeeCars have released a new study and this one takes a look at vehicle depreciation rates after five years. While all used cars are holding their values better today than they were in , not all used cars retain their value equally. Overall, the average 5-year depreciation for all used cars is The average 5-year depreciation for the Chevrolet Corvette is That rate placed the Corvette at number 23 of the 25 best vehicles retaining their values.

Do corvettes hold their value

New cars start depreciating before the ink dries on the sales contract and lose up to half their value in the first two years. However, not all vehicles depreciate at the same rate or lose as much of their value. Cars that have fallen out of favor with buyers depreciate much faster. But popular models can hold their value well, especially if they have desirable features and colors. One of those cars is the Chevrolet Corvette, which boasts surprisingly great resale value. Part of that might be due to limited editions. The Corvette retains It also ties for fourth overall with the Ford Maverick , a truck with decent resale value and long order wait times. The Corvette has always been a bargain sports car that usually comes with some rough edges. Most models come equipped with the Z51 Performance Package , which buyers can add to any trim level. It provides bolder front and rear spoilers and a list of performance enhancements, including a sport-tuned suspension, upgraded brakes, and an electronic limited-slip differential.

Hint: Try vehicles between 2 and 4 years old, as brand new vehicles depreciate quickly.

.

The iconic Corvette is one of the best models out there for holding its value over the long term. Out of over popular models, it consistently ranks in the Top 10 in years 5 and 7. The longer you own it, the better it does in holding its value versus the competition. If you are looking for a domestic muscle car that will maintain its value over the years, the Corvette should definitely be high on the list. The chart below shows the expected depreciation for the next 10 years. These results are for vehicles in good condition, averaging 12, miles per year. Enter your purchase price, expected ownership period and estimated miles driven annually. Our depreciation calculator will predict an expected resale value for the Chevrolet Corvette. Try other age and ownership length combinations, or different vehicles to see if you can find depreciation sweetspots where this cost is the lowest.

Do corvettes hold their value

It comes as no surprise that older-model Corvettes typically hold their value very nicely. The survey looks at retention values of every make and model, from sports cars to trucks to EVs. And the Corvette placed at a very respectable 23rd, holding For one, Chevrolet boasts two other vehicles in the top 25 list, the Camaro and Spark. The Camaro, in particular, does very well, outperforming the Mustang and reaching number 7 with Sports cars in general retain their value nicely over the rest, generally speaking.

Spinnaker cahill

We've ranked over models from best to worst for Depreciation. Password recovery. Forgot your password? It also ties for fourth overall with the Ford Maverick , a truck with decent resale value and long order wait times. Get help. This package also adds a more aggressive exhaust, high-performance tires, and a heavy-duty cooling system. In addition to the fantastic naturally aspirated V8 engine, three other benefits make the Corvette easy to live with. Mark joined MotorBiscuit as an automotive contributor in and has spent more than a decade writing cars. The Corvette has always been a bargain sports car that usually comes with some rough edges. My Stingray 2LT has not had that kind of depreciation. Hybrids have a nearly 12 percentage point advantage over EVs in value retention, which translates to thousands of dollars in higher market value after five years. These results are for vehicles in good condition, averaging 12, miles per year. Our top ranked model year represents the most car for the money of the Chevrolet Corvette models. If you are looking for a domestic muscle car that will maintain its value over the years, the Corvette should definitely be high on the list.

.

Chevrolet Silverado HD. One of those cars is the Chevrolet Corvette, which boasts surprisingly great resale value. Here's what you need to know about the Chevy Corvette's excellent resale value, including the reasons why it doesn't depreciate as much as most other cars. Our rankings consider multiple factors, including the Corvette's price as new, current price, maintenance costs and remaining years of overall predictabe expenses. Very Low Depreciation Risk. Try other age and ownership length combinations, or different vehicles to see if you can find depreciation sweetspots where this cost is the lowest. Comparisons Depreciation. In addition to the fantastic naturally aspirated V8 engine, three other benefits make the Corvette easy to live with. These results are for vehicles in good condition, averaging 12, miles per year. The chart below shows the expected depreciation for the next 10 years. The longer you own it, the better it does in holding its value versus the competition. Export to CSV. These cars have held up better. Make Model Select Make First.