Do corvettes hold their value

Photo Credit: CorvetteFurman.

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.

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. This package also adds a more aggressive exhaust, high-performance tires, and a heavy-duty cooling system. It displaces 6.

Advertising Disclosure. Cars that have fallen out of favor with buyers depreciate much faster. In comparing this data historically, it found that depreciation was lower across major segments than in

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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.

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.

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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. The iconic Corvette is one of the best models out there for holding its value over the long term. Two other Porches also made the list, the Boxter at Published on March 26, am. Overall, the average 5-year depreciation for all used cars is Hint: Try vehicles between 2 and 4 years old, as brand new vehicles depreciate quickly. In addition to providing a relatively spacious, comfortable interior, it offers an incredible amount of cargo space. Forgot your password? The research geeks at iSeeCars have released a new study and this one takes a look at vehicle depreciation rates after five years. Finding a car or truck that saves on depreciation costs is important.

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The Maserati Quattroporte was tops with a Very Low Depreciation Risk. Cars that have fallen out of favor with buyers depreciate much faster. More Chevrolet Models Chevrolet Blazer. Thanks to the generous torque and mid-engine configuration, the Stingray can zoom from 0 to 60 mph in under 4. In addition to providing a relatively spacious, comfortable interior, it offers an incredible amount of cargo space. These results are for vehicles in good condition, averaging 12, miles per year. Mark joined MotorBiscuit as an automotive contributor in and has spent more than a decade writing cars. Or, if you are just researching, then it would be money-wise to know this cost before buying. Finding a car or truck that saves on depreciation costs is important.