SuzukiDan7

Are people really getting 30+k for their base model cars? I see them listed all over but never know if they are really selling for that high. Seems crazy but I know there are a growing number of buyers who seem to be willing to pay whatever it takes for some reason, supply and demand I suppose.

sramzzz

Simply put yes. Prices are up and people are buying versus waiting. It’s not just vettes but all cars.

SuzukiDan7

True to some extent but I have not seen any other line of cars increase as much as Corvettes have. 2-3 years ago what was a 18-20k car is now a 30-32k car. That's roughly a 50% increase. Other vehicles have gone up some, usually 15-30% from what I can see. Just confused why a luxury vehicle like a Vette would go up more than functional vehicles that are in very high demand.

hawkgfr

Ive seen about a 2k decline on offers for mine in last thee months....from mid 30 ish...2012 base 6 speed three pedal.

BluegrassMotorsport

Have you seen Porsche prices? They make Corvette prices seems like a discount. The Corvette is also in an interesting position where the new ones are no longer front engine and are auto-only. This will keep values higher, longer than other used vehicles.

FAUEE

You haven't looked very hard then. Porsche went insane. AMGs, BMW M cars, Audi RS, etc have all gone up by way more than vettes. Let alone stuff like stick Ferrari or Lambo. Or stuff like tahoes and suburban.

Also, you're basing your numbers from 3 years ago on totally flawed and wrong data, so there's that. You didn't get a nice low mile car for sub 20k back then, and a low 20s car like ht would have been an 05.

As for why luxury cars have gone up more than regular cars, it's supply and demand. People with money have seen huge money from investments, many haven't had to spend money on commuting to work, many downsides homes and made a boatload of money, and they have cash to play with. People that need a newish altima have seen their net worth expend by less, if at all, and so they simply don't have the same demand as luxury goods.

Iceaxe

Carvana's offer on my 2011 base was $32,500 two weeks ago. That's a current wholesale price so they would be listing it for $35k plus.

The car is a well equipped manual with 28k miles if that makes any difference.

FAUEE

It's worth noting that carvana, carmax, vroom, etc also base their offers on their inventory. So if they're flush with vettes and similar sports cars, their offers go down. If they're running low on fun cars, they pay more.

Landru

In present market, for all reasons stated above, 3 yrs ago is an eternity.
No other vehicles built expressly for pleasure, either.

Desire a nice Corvette?
Expect paying a premium.
Makes it in this market reality?
All the more critical acquiring a solid Corvette before laying down hard earned cash. {shrug}

Landru

Yup.
Jury's still out deep pockets notwithstanding re skyrocketing fuel cost, also.
Will it influence sales going forward?
IDK.

Time'll tell, Spring's sprung.

rawalters117

The market is definitely crazy right now but there are still reasonably priced c6's out there. I just got my 2011 GS 3LT with 35k miles from Kansas City for $35k. Cam, exhaust, intake, headers, e85, flex fuel setup, etc. After months of seeing base 2008's listed for $30k I finally found this GS and I think I gotta fair deal, even if it was a $30k car 2 years ago.

81VETTOM

I saw 2 real low mile 2005's for $30+ (35k) and vert was $34+ (13k) today in a FL dealer, no clue how long they had been there on their sites. FWIW

Iceaxe

This is simply supply and demand and has always been the case. It's just quicker and easier to see in real time when you can get a real wholesale offer on your car in less than 5 minutes. For better or worse the computer age has made it easy for Joe Sixpack to see what is happening behind the curtain.

FAUEE

My point was more like... If you don't like the offer they made, wait a couple weeks.

unkled20

Here's an '07 with 700 miles for $43K! I know this isn't necessarily typical, but it's pretty crazy!

https://www.alfaromeoraleigh.com/use...YY36U375133963

Dzv69

Don't miss the fine print of those Florida dealers listings, their "dealer fee" is usually an additional $800 - $1000

Iceaxe

I understand now.... one other tip is try a different zip code. Both Las Vegas and Salt Lake City are a reasonable distance from me and submitting a car under both zip codes sometimes results in a significant difference.

FAUEE

$1000 for a dealer fee is pretty standard down here now. It's kinda nuts. Then we have a few dealers that charge nondealer fees, so, go figure.

KnightmareLS1

When I was recently shopping some dealers in NV/AZ had dealer fees $2-3.5k in the fine print, no way in hell

grinder11

Finding a good deal on a really nice Corvette is still possible. But it's like everything else in life. If you want a good deal on something nice, you're going to have look hard, and work hard, for it. Applies to Corvettes or anything else......