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C6 Ranks 3rd Lowest In Five Year Depreciation

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  • C6 Ranks 3rd Lowest In Five Year Depreciation

    Thanks to our smart friends at CorvetteBlogger, we have learned that the 2014 Corvette ranks only behind the Subaru WRX and the Golf R in depreciation.

    So many of us own a car that is fantastically fun to drive, looks terrific, and depreciates less than 97% of other brands/models, does that makes C6 owners pretty **** smart?

    Originally posted by CorvetteBlogger
    STUDY: Corvette Ranks 3rd Lowest in Five-Year Depreciation (By Mitch Talley) -
    Nov 27, 2018

    STUDY: Corvette Ranks 3rd Lowest in Five-Year Depreciation
    Photo Credit: CorvetteImages.com

    Owning a Corvette is a reward in itself.

    Now comes word that the 2013 model also ranks among the world’s leaders in holding its value.

    According to a study by iSeeCars.com, the 2013 Corvette depreciated 44.6 percent on average over the five-year period, ranking behind only the Volkswagen Golf R at 43.3 percent and the Subaru Impreza WRX at 35.9 percent.

    That’s much better than foreign luxury brands like BMW, Mercedes, Audi, and Porsche, with models like the 2013 BMW 7 series depreciating 71.1 percent in five years, Mercedes-Benz S-Class 69.9 percent, and the Jaguar XJL 66.4 percent.

    It should be interesting to get this report at this time next year when the debut year of the C7 Corvette will be studied. We wouldn’t be surprised to see the 2014 Corvette at or near the top of the residual leaders based on our own unscientific study of C7 prices over the past few months. In addition, back in 2014, it was shown by NADA that the 2014 1LT Stingray retained its value better than any other vehicle for that model year, keeping a whopping 84.7 percent of its original value through to the end of 2014. Back then, NADA noted that the wildly popular and much-improved C7 retained 10.7 percent more of its value than the C6 through the first year.

    Of course, the debut of the C8 could cause C7 prices to crash – bad news for current owners but great news for other folks who have been unable to afford the high-performance seventh generation supercar thus far.


    Source:
    iseecars.com
    https://www.corvetteblogger.com/2018...-depreciation/
    Last edited by John; 11-27-2018, 06:14 PM.
    GBA Black; HTO Twilight/Tension interior; Z51 & Mag Ride; E60 lift; 5VM visible carbon fiber package; 5ZZ high wing; FA5 interior vis CF; ZZ3 engine appearance; 3LT; Q8T Spectra Gray Tridents; J6N Edge Red Calipers; SNG Edge Red Hashmarks; VQK Splash Guards; RCC Edge Red engine cover; VJR illuminated sill plates. Lifetime, annual contributors, and 23 year members of National Corvette Museum. Home is the beautiful Pacific Northwest.

  • #2
    Good news for me since I have both a rare C6 and a Golf R (smug icon needed).
    2020 C8 Corvette.D.O.B 2/03/2020
    Shadow Grey Metallic on Black
    2LT, Z51 + MRC. GT1 seats.
    Spectra Grey Tridents.
    Carbon flash mirrors and spoiler.

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    • #3
      Good for many yet sonce i daily my 2008 c6 z51 manual six speed...i have put on over 128k since new.

      i seriously doubt even though the car is utterly reliable and looks mint...performs like new ...i dont expect it to be worth much and im ok with it.

      ive certainly got my money out of it...

      just such a nice sports car and a fantastic owership experience.

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      • #4
        I understand that thinking JB. I put about 50,000 on my 2008 c6 z06 and loved every mile. Still got 50 percent on trade in for my 2016 C7R

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        • #5
          Does that mean we could maybe expect similar with the C7? Especially with a less than average production run?
          Last edited by Racer X; 11-28-2018, 10:05 AM.

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          • #6
            Welcome Thomas. You have hit the key incredibly, both your having many miles of smiles driving your Corvette, and then getting another exciting one at some point later.

            Thansk for your first post. We welcome you here!
            GBA Black; HTO Twilight/Tension interior; Z51 & Mag Ride; E60 lift; 5VM visible carbon fiber package; 5ZZ high wing; FA5 interior vis CF; ZZ3 engine appearance; 3LT; Q8T Spectra Gray Tridents; J6N Edge Red Calipers; SNG Edge Red Hashmarks; VQK Splash Guards; RCC Edge Red engine cover; VJR illuminated sill plates. Lifetime, annual contributors, and 23 year members of National Corvette Museum. Home is the beautiful Pacific Northwest.

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