agorena123

Don't think it does anything to our normal depreciation curve. Who knows, with all the hype it may positively affect C6 prices

LS WON

Will affect current value of your current Corvette more if buy a C-8.

bigsteff

I was sure GM would take the opportunity with the mid-engine to INCREASE leg and shoulder room but here we go again, no love for the big guy! I stood down on the C7 because at 6'3.5 245 with size 14 shoes the cockpit is too tight for comfortable mid - long distant cruising. I know quit a few guys taller and bigger who were excited when the C7 launched who fooled themselves into thinking the tight fit would grow on them; i almost fell for it! For some, these C7s have become garage queens and driven only to car shows or short rides.
Without a manual option and the lack of interior comfort, C6s or even a C5s will be the only option for this buyer demographic. My guess is that the C6 gs, z06, and zr1 values will only experience the normal depreciation at worst , with clean low mileage cars maintaining their current values.

My 2cents

jpm995

I think it will be a trickle down effect on the c6. The c7 has to take a big hit because of both the low price on the c8 and the outstanding preformance. If the c7 drops people will be forced to chose between a c6 and a c7 at around the same price. I think most would go for the newer car.

Iceaxe

^^^That mskes a lot of sense^^^

C6 Snowboarder

I think the price of the Automatic C6 and C7 will drop a bit -- Manual tranny'd Corvettes will keep their value and possibly increase over time. Glad I have 2 M6 Grand Sports and plan on keeping them until my legs cant push the brake pedal or clutch pedal. Then I will ask my kids to drive me around in a manual shift Sports car. -- anything else is just for Pussies

saplumr

Corvettes are no different than any other vehicle manufactured. New models come out and other prices adjust as necessary.

gilbybarr

I would jsay the answer is "just look at the C5." My C6 is a wonderful car and I love it. That said, I may keep it: 1) should I be able to fit into a C8 and, 2) if I buy one in its second year of production (which I will if item 1 is true).

Vet Interested

Do ya think?!

dpigguy

According to the write ups, forward seating position gives driver more room, steering well makes ingress and egress easier and there is an inch or two increase in seat movement. As for pricing, base entry at 60k is 1LT so it will only go up with options like Z51, race seats, etc. GM already announced revival of the 3k loyalty credit on C7 cars in this area which means a 2LT GS can be had for around 60k. Would expect remaining C7’s to sell as most owners don’t want to be the test mule for all the changes (think 2005 vs. 2008 C6). By the time most will seriously consider a C8 it will probably be 80k+ and the C6 will be just another old Vette :-(

owc6

This is an interesting post, because I bought my 2009 2LZ Z06 for less than $60,000. NEW.

They sure as heck aren't appreciating yet, and probably won't be in our lifetime. I remember an article I read years ago about Corvettes, and how owners (and their heirs) had a completely unrealistic view of what they were actually worth, and so the garage queens sat in their garages and didn't sell.

LowRyter

Since the C6is the best looking front engine 'vette with manual shift, I'd say they are going to be classics much sooner now.

I look for them to start appreciating right away.

FAUEE

I would say you got a hell of a deal then. My GS stickered for 75k new in 2012. My buds 07 z06 stickered for almost 80k in 07.

Bruze

Mrs. Ow's post made my one eyebrow go up.

owc6

Yes, I did.

Totally fell into this deal. Wasn't even looking for a Z06 (was looking for a GS in a year or so), but was bored on a Saturday morning. I used to be a gratuitous test driver. The car had been sitting in the showroom for almost two years, and never even been driven. I pulled up in my '05 Vert, and said I wanted to test drive it. It had 4 miles on the ODO.

Went back and forth for a week on the price, and it was mine. Drove it for four years and 70,000 miles and only "lost" $18,000 in depreciation when I traded it in for my '14. Never a single thing wrong on the car.

That was a fun car! And probably the best depreciating asset I ever bought.

owc6

You should know by now I don't lie or even embellish, except for effect. :P

Geez. My post history should show this.

Lies are too hard to keep straight.

sprayer

Would be nice and considering the lower production numbers than the C7Z this might end up happening.

LS WON

Do you feel more comfortable in a C-6 interior? How about the size of the C-6 body too long or ok?

Trebor

I think the C7 will be hit harder. Folks looking to buy a C6 probably feel $25K to $30K is the end of the world for them. They could not reach $60k to $70k . But, if your goal is a C7 realistically, the C8 price point is within reach.

FAUEE

It probably depends on the model. Its a big jump from 40k for a lightly used c7 to 60 to 80k for a new c8. The c7z trade in the upper 60s, but it has 100+ hp advantage over the c8. I dont see those taking a huge hit, theyll continue to descend into the 50s. The c7zr1 is trading way over what a base c8 is starting at, but gm even said the zr1 is faster than the c8, so moot point. Plus it's so rare it's an instant collector, especially with a stick.

We have seen a lot of people say "I have to have one", but how many people are really willing to take on that 1000$ a month (or more) payment, or shell out 70k cash for one? Especially knowing that you could get more power from a c7z, and be faster, and take less depreciation? Gonna be honest, I dont think that many people who could do that decided to skip the c7 generation.

I will be the first to admit, a new c8 is out of my price range. I could make it work... but I'm not going to skimp on the rest of my life for it. I would be far more likely to buy a used Gallardo stick, or r8 stick, and at least know that someone else paid the depreciation for me. But truthfully, my next car is likely an Sti, maybe a new Supra. I am over the super expensive cars, everything is so fast now it's a moot point. Around town, an 80k+ c8 wont be any faster than a 20k c6 or c5. My ego isnt tied to knowing I can beat people at a stoplight, so why spend the vast extra money for something no more fun?