Do corvettes hold their value

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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. 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.

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

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.

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Finding a car or truck that saves on depreciation costs is important. Overall, the average 5-year depreciation for all used cars is The analysts at iSeeCars researched the prices of over 1. All Chevrolet Models. Two other Porches also made the list, the Boxter at While that can be considered pretty darn good, it was the Porsche Coupe that leads the list with only a 9. 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. This will ensure that you are finding the vehicle that provides you the best value, at the lowest cost. Chevrolet Silverado

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Make Model Select Make First. The iconic Corvette is one of the best models out there for holding its value over the long term. Calculate Depreciation. 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. Mark joined MotorBiscuit as an automotive contributor in and has spent more than a decade writing cars. It displaces 6. Forgot your password? Or, if you are just researching, then it would be money-wise to know this cost before buying. The chart below shows the expected depreciation for the next 10 years. MotorBiscuit Contributing Writer. Password recovery. Chevrolet Silverado HD. We've created tools that will also help you to save on the following ownership expenses:. Finding a car or truck that saves on depreciation costs is important. However, not all vehicles depreciate at the same rate or lose as much of their value.