corvette depreciation

[Fast Freddy]

http://phoenix.craigslist.org/nph/cto/4379693141.html

2008 CORVETTE Z06

op:

 

[brady_f]

?

 

[vettez062002]

? I woulnt let me 8K mile z06 sell for anything less then 50K. they are still doing high 40s at auction. two weeks a 6K miles one did 46K.

 

[FIVEHOE]

All the used corvettes around here are stupidly over priced. Most of the used ones for sale I think to myself "for not much more I can get the new vette"

 

[Blackoyote]

Starting to see 60-75k mile ones around Charlotte for low 30s!

 

[Sick03Vert]

I've seen some good deals on C6Z06's. 26k miles for $39k on an '06 model. If you have $42k, you have your choice of many low mileage examples.

Not sure what the point of the original post was though. Everything depreciates, and it's ALWAYS been known that when you buy a Corvette new, you are paying a premium for that warranty.

 

[pho_phizzat]

Even at 50k that is one hell of a car for the money. Let alone 35-45k


You paid what 130k for your Ford GT with similar performance numbers?

 

[Uncle Meat]

Viper sales.

Ouch…Chrysler Cuts Production of SRT Viper by 33 Percent Due to Slow Sales - Carscoops

op:

U.M.

 

[Fast Freddy]

My Ford GT has not depreciated. in fact it has gone up in value. the point of this post was to point out the fact that you are by far better off to buy a corvette used than new. in fact i may just add another vette to my stable....

 

[Blackoyote]

I've seen some good deals on C6Z06's. 26k miles for $39k on an '06 model. If you have $42k, you have your choice of many low mileage examples. .

After reading this post, I did a new quick CL search and found an 11k mile car, with basic mods done for $39k...getting even more excited now:banana:

 

[Serpent]

I've seen the Porsche Cayenne Turbo take a bigger hit. I saw this ad saying it was 120k new (with the window sticker), and they are now in the low 20's. Although the car is 10 years old!

 

[Never_Enough]

? I woulnt let me 8K mile z06 sell for anything less then 50K. they are still doing high 40s at auction. two weeks a 6K miles one did 46K.

Plenty of used C6Z cars going for low 40s & under.

 

[Never_Enough]

You can also pick up used blown/built Non-Z C6 cars for under $30k. I miss my C6, but I believe I want a C7 now.

 

[vettez062002]

Plenty of used C6Z cars going for low 40s & under.

sure with miles. big difference between a 06 and 08 in value. the cheapest 08 z with 39k miles with a bad title did 39K. after auction fees and transport youll be into over 40K

 

[Blown 89]

I've seen the Porsche Cayenne Turbo take a bigger hit. I saw this ad saying it was 120k new (with the window sticker), and they are now in the low 20's. Although the car is 10 years old!

My fiance wants a Lexus SUV (biggest piles of shit I've ever driven) but I've talked her into the Porsche instead. There are some screaming deals on them used.


I've been looking at C6 vettes the past few months. My Cobra's paint is failing (bad accident repair) and I don't think pissing $7k down the drain is worth it when I can pick up a very nice used vette for cheap. There have been some screaming deals on them since the C7 came out.

 

[jf4boogie]

That ZR1 is just plain nasty right out the box

 

[SpectorV]

with a new models the previous ones do take a hit more quickly than before, not a bad time to get one if you want a nice C6 or even a Z

 

[spitin venom]

with a new models the previous ones do take a hit more quickly than before, not a bad time to get one if you want a nice C6 or even a Z

I would think with how butt ugly the C7 is that the C6 would go up in price!:burnout:

 

[mrlrd1]

the point of this post was to point out the fact that you are by far better off to buy a corvette used than new.

WHAT A REVELATION!! :lol: :rollseyes

What does this have to do SPECIFICALLY with the Corvette? This is true for 99.9% of vehicles!

 

[4u 2 nv]

I remember early last year a local guy had a clean title 2001 Z06 with 47k miles for $13000.