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.

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

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.

MotorBiscuit Contributing Writer. In addition to providing a relatively spacious, comfortable interior, it offers an incredible amount of cargo space.

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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. 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. In fact, it nearly doubled the Cayman at number 2.

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The Maserati Quattroporte was tops with a We've created tools that will also help you to save on the following ownership expenses:. Mark joined MotorBiscuit as an automotive contributor in and has spent more than a decade writing cars. Comparisons Depreciation. The Chevrolet Corvette is our top pick for the best model year value for the Corvette. Make Model Select Make First. These results are for vehicles in good condition, averaging 12, miles per year. Skip to main content. Hint: Try vehicles between 2 and 4 years old, as brand new vehicles depreciate quickly. Follow Us. New cars start depreciating before the ink dries on the sales contract and lose up to half their value in the first two years. The Corvette was joined by two other Chevrolet in the Top 25 with the Camaro that comes in at number 7 with a Our depreciation calculator will predict an expected resale value for the Chevrolet Corvette. Overall, the average 5-year depreciation for all used cars is Advertising Disclosure.

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The analysts at iSeeCars researched the prices of over 1. MotorBiscuit Contributing Writer. Chevrolet Express Cargo. Sign in. The Maserati Quattroporte was tops with a Mark joined MotorBiscuit as an automotive contributor in and has spent more than a decade writing cars. One of those cars is the Chevrolet Corvette, which boasts surprisingly great resale value. Very Low Depreciation Risk. Or, if you are just researching, then it would be money-wise to know this cost before buying. More Chevrolet Models Chevrolet Blazer. Can You Avoid Car Depreciation?