How Much Is My Corvette Worth? new for 2022

How Much Is My Corvette Worth?

The 2019 Chevrolet Corvette Stingray coupe starts at $56,590, which is the Manufacturer’s Suggested Retail Price (MSRP) plus $1,095 destination charge. The convertible comes in at $65,590 before options. The Grand Sport coupe/convertible models start around $10,000 higher.

How much is an old Corvette worth?

Make Avg Price Last 90 Days
CarGurus Index $29,167 +5.14%
Chevrolet Corvette $54,296 +3.80%
1961 Chevrolet Corvette $100,206 +18.91%
1962 Chevrolet Corvette $92,636 +4.67%

Do Corvettes go up in value?

The Chevrolet Corvette is KING When it Comes to Resale and Trade-In Values. The Chevrolet Corvette continues its reign as America’s favorite sports car. A new study finds that the Chevrolet Corvette has the highest resale and trade-in value right now.

How well do Corvettes hold their value?

You can get the Corvette as a coupe or as a convertible to make it a true marvel of American engineering. This German machine has a predicted resale value of 48.9% after five years of ownership.

How much does a Corvette sell for?

As a reminder, pricing for the 2021 Corvette starts at $59,900 for 1LT Coupe models, and $67,400 for 2021 Corvette Stingray 1LT Convertible models. Note that those prices do not include the $1,095 Destination Freight Charge.

What are the bad years for Corvettes?

According to CorvetteForum.com, you’ll find that the 10 worst years were the debut year (1953), 1958, 1975, 1979, 1980, 1982, 1987, 1988, 1995, and 1998. That means that anything from the more current years seems like a lock.

What is the rarest Corvette?

The only 1983 Chevrolet Corvette C4 is the rarest Corvette ever in the world and no price tag could ever be applied to the truly one-of-a-kind car.

Will used Corvette prices drop?

Used car prices generally remain relatively constant year over year with 2019 having a 0.2% reduction over 2018, and 2020 had a 0.1% price increase over 2019. … Prices for the Corvette are up by 33.9% since April 2020 with the average used Corvette selling for $17,432 more in April 2021 when compared to April 2020.

Is owning a Corvette expensive?

Although Corvettes are still far more affordable than most European sports cars, it is important to remember that the Corvette is a performance automobile. As such, it has more expensive hardware under the hood. … Other maintenance items on Corvettes tend to be more expensive as well.

What year Corvette is the cheapest?

1985–86 Corvette Coupe

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While the 1984 Corvette tends to be the lowest price ‘Vette out there, we have excluded it from this list mostly because their actual value – even at such a low price point – is questionable at best.

What is the most popular color for a Corvette?

Torch Red
The most popular color for the 2020 Corvette Stingray was Torch Red, followed by Arctic White in second.

Sponsored Links.
Color Units Percentage
Torch Red 5,171 19.7
Arctic White 3,769 14.4
Red Mist Metallic 3,476 13.3
Black 2,818 10.7

What year Corvette is the best to buy?

Which Are the Best Used Corvettes to Buy?
  • 1987 Chevrolet Corvette. 1987 Chevrolet Corvette takes the top place among affordable and classic used Corvettes for sale in KY. …
  • 2010 Chevrolet Corvette ZR1. …
  • 2011 Corvette Z06. …
  • 2016 Chevy Corvette Stingray Z51. …
  • 2017 Chevy Corvette Grand Sport. …
  • 2018 Chevy Corvette Grand Sport.

Does a Corvette lose value?

A Chevrolet Corvette will depreciate 35% after 5 years and have a 5 year resale value of $47,905. The iconic Corvette is one of the best models out there for holding its value over the long term. … The longer you own it, the better it does in holding its value versus the competition.

What are 2021 Corvettes selling for?

2021 Chevrolet Corvette Pricing

The 2021 Chevrolet Corvette Stingray coupe in 1LT form has a Manufacturer’s Suggested Retail Price (MSRP) of $58,900. A $1,095 destination charge brings that to $59,995. The Corvette Stingray Convertible begins $7,500 higher than the coupe.

What’s the most expensive Corvette?

10 Most Expensive Corvettes Ever Sold
  1. 1 1967 Chevrolet Corvette L88 Coupe – $3.85 million.
  2. 2 1967 Chevy Corvette L88 Corvette Convertible – $3.4 Million. …
  3. 3 1967 Chevy Corvette L88 Corvette Convertible – $3.2 Million. …
  4. 4 2020 Chevrolet Corvette Stingray C8 – $3 million. …

Are 2021 Corvettes selling over MSRP?

Unsurprisingly, the new C8 Corvette Stingray has been identified as one model that’s consistently selling above MSRP. … So far, the C8 Corvette Stingray has sold well this year, with a 224-percent increase in sales during Q2 of 2021, and a 132-percent increase in sales year-to-date.

What Corvette should I not buy?

These Are The 6 Worst Corvettes Money Can Buy (And 6 That Are Beyond Awesome)
  • 12 Worst: 1953 Corvette. …
  • 11 Best: 1967 Chevrolet Corvette L88. …
  • 10 Worst: 1975 Corvette Base Model. …
  • 9 Best: 1969 Chevrolet Corvette ZL1. …
  • 8 Worst: 1979 L48 Corvette. …
  • 7 Best: Chevrolet Corvette C8. …
  • 6 Worst: 1980 California 305 Corvette.
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What was the slowest Corvette?

C1 Corvette (1953-1962) A Legend Is Born

Naturally, the slowest was the 1954 Corvette: Its 235-cubic-inch 150-hp Blue Flame inline-six and two-speed automatic required 11.5 seconds to sprint to 60 mph.

What is the most sought after Corvette?

Here are the five rarest Corvettes.
  • 1971 Chevrolet Corvette ZR2 — 12 built. A 1971 Chevrolet Corvette ZR2, sold by Mecum Auctions Photo by Mecum. …
  • 1971 Chevrolet Corvette ZR1 — 8 built. …
  • 1963 Chevrolet Corvette Grand Sport — 5 built. …
  • 1986 Chevrolet Corvette in “Copper Metallic” — 4 built.
  • 1969 Chevrolet Corvette ZL1 — 2 built.

What year Corvette has a 454?

The 454 cu in (7.4 L) LS-4 big-block V8 engine was introduced in 1973 to replace the LS-5. It delivered 275 hp (205 kW) and 15% of the cars were ordered so equipped. “454” emblems adorned the hood of big-block equipped Corvettes.

What is a Zora Corvette?

Overview. The C8 Zora will complete the eight-generation Corvette family as the undisputed range-topping model. Pairing a twin-turbo V8 engine with a hybrid-electric drivetrain, the Corvette Zora will feature aggressive looks and the highest levels of performance of any Corvette.

What is the fastest Corvette ever made?

2019 Corvette ZR1
What you see here is the 2019 Corvette ZR1 – the top-dog American sports car that has won several accolades in its lifetime. The ZR1 remains on top of the Vette food chain, with an official top speed of 212 miles per hour (341 kilometers per hour), making it the fastest production Corvette yet.

Why are Corvettes going up in value?

“The current used car price increase is unparalleled, and prices will likely remain elevated for the foreseeable future due to the magnitude of the global microchip shortage and restricted new car supply,” Brauer said.

How much is a C3 Corvette worth?

The value of the Corvette C3 varies depending on whether you are looking at a classic corvette like the L88, a collector edition C3, or just a daily driver. You may buy a fair condition 1982 C3 corvette coupe for $8000; however, a Concours condition 1968 Convertible L88 will fetch over $500,000.

How long do c7 Corvettes last?

Well-cared for, a new Chevrolet Corvette can last between 150,000 miles to 200,000 miles. Based on this, the average Corvette should be good for 10-13, at the very least.

Can you daily drive a Corvette?

Yes. source: I daily drive a corvette. (11′ c6 grandsport) The only issues I have are avoiding steep driveways/entrances as the front end is rather low. I daily my 05 c6 manual and would highly recommend it!

Are Corvettes cheap to fix?

Overall – the Chevrolet Corvette has yearly car maintenance costs total to $737 . … Given that the Chevrolet Corvette has an average of $737 and that the average vehicle costs $651 annual — the Corvette is substantially cheaper to maintain.

Do Corvettes rust?

Frame: Corvette frames do rust, but particularly where they kick up over the rear axle. Birdcage: Many people assume that because Corvette bodies are not steel, rust is no concern. … The body panels attach to a lightweight metal frame – what he calls the birdcage – that can rust, causing adhesion problems.

What is the best Corvette ever made?

The Best Corvettes Ever Made
  • 1955 Corvette V8. …
  • 1963 Corvette Grand Sport. …
  • 1963 Sting Ray “Split-Window” …
  • 1969 Corvette ZL1. …
  • 1988 Corvette Callaway Sledgehammer. …
  • 2019 Corvette ZR1.
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What is the most powerful 2021 Corvette?

Corvette Z06
The Corvette Z06 should be first out of the gate. Reports have the reveal tapped for July 2021; according to the new report, it will employ the “world’s most powerful naturally aspirated V8,” a 5.5-liter flat-plane V8 derived from the C8. R race car’s engine.

Why are C3 Corvettes so cheap?

As to why there are affordable C3s to be found, in simple terms one reason is that GM built more than half a million of these cars. Many were taken care of since new, while others have some degree of restoration work on them. That means there’s still ample supply of good examples.

What state sells the most Corvettes?

TEXAS TOPS LISTS OF STATES WITH MOST CORVETTES, CALIFORNIA AND FLORIDA NOT FAR BEHIND. GMPartsCenter.net has created an infographic showing where the Chevy Corvette is most popular in the USA and around the world.

What is the best 2021 Corvette color?

Torch Red
Torch Red is the Top Color Choice for the 2021 Corvette But Red Mist is On the Rise. There’s no denying how great Torch Red looks on the sharp lines and contrasting trim of the C8 Corvette.Apr 25, 2021

What dealer sells the most Corvettes?

KERBECK CHEVROLET
The Top 100 Corvette Dealers from 2020
YTD RANK DEALER YTD SALES
1 KERBECK CHEVROLET 866
2 MAC MULKIN CHEVROLET CADILLAC 778
3 LES STANFORD CHEVROLET CADILLAC 321
4 CRISWELL CHEVROLET 308

What makes a Corvette a stingray?

The name “Stingray,” or “Sting Ray” as it was written in 1963, evokes an immediate connection to predatory fish of the ocean. Indeed, two concept Corvettes shared the namesake of a Mako Shark caught by Bill Mitchell, Vice President of Design at General Motors, (1958-1977).

HOW MUCH ARE THE MONTHLY PAYMENTS ON MY 2020 CORVETTE? How Much Over Sticker For My C8 Corvette?

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