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 innot all used cars retain do corvettes hold their value value equally. Overall, the average 5-year depreciation for all used cars is

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.

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. 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. Hint: Try vehicles between 2 and 4 years old, as brand new vehicles depreciate quickly. Also, if this is a recently released model and buying a few years old isn't possible, consider another vehicle , or perhaps wait until more used Corvette models become available. Unlike depreciation, this expense can often be lowered by shopping around for lower insurance premiums.

But what makes it an icon is its versatility as a track toy or everyday driver. While that can be considered do corvettes hold their value darn good, it was the Porsche Coupe that leads the list with only a 9. In addition to the fantastic naturally aspirated V8 engine, three other benefits make the Corvette easy to live with.

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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.

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. In fact, it nearly doubled the Cayman at number 2. Certain vehicles appear twice, like the Impreza and , representing different body styles. But in general, the trends favor trucks, hybrids, and sports cars. Out of 1.

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Our depreciation calculator will predict an expected resale value for the Chevrolet Corvette. All Coupe Models. But what makes it an icon is its versatility as a track toy or everyday driver. The Corvette has always been a bargain sports car that usually comes with some rough edges. Password recovery. New cars start depreciating before the ink dries on the sales contract and lose up to half their value in the first two years. In addition to providing a relatively spacious, comfortable interior, it offers an incredible amount of cargo space. The Maserati Quattroporte was tops with a Chevrolet Silverado HD. Unlike depreciation, this expense can often be lowered by shopping around for lower insurance premiums. Skip to main content. 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.

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This will ensure that you are finding the vehicle that provides you the best value, at the lowest cost. It displaces 6. We've created tools that will also help you to save on the following ownership expenses:. The and model years are also attractive years for the Corvette, and provide a relatively good value. That rate placed the Corvette at number 23 of the 25 best vehicles retaining their values. Thanks to the generous torque and mid-engine configuration, the Stingray can zoom from 0 to 60 mph in under 4. Finding a car or truck that saves on depreciation costs is important. But popular models can hold their value well, especially if they have desirable features and colors. Chevrolet Express Cargo. See where the Chevrolet Corvette ranks for Depreciation compared to other vehicles. All Coupe Models. Part of what makes the Corvette special is its distinctly American flavor with a throaty V8 rumble. 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. New cars start depreciating before the ink dries on the sales contract and lose up to half their value in the first two years. Chevrolet Silverado