Does anyone think the manual Corvettes will hold value better
#21
Drifting
C4 ZR1 crowd still waiting for depreciation to stop...lol.
#22
E-Ray, 3LZ, ZER, LIFT
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However after the new 2020 Porsche 718 Cayman standard shift coupe with a 4 Liter non Turbo 412 hp. 309 ft-lbs of torque, 3100 lbs, 7500 rpm readline I wonder if GM will have to offer a standard shift option! Guess it will depend on my well the C8 is selling!
If Porsche service wasn't over an hour away and expensive I might have to consider it, depending on the C8 offerings. May just forget the cost issues and the 1 hour drive, and get it, we'll see. Expect the C8 I would buy will have a MSRP close to the $100,000 Porsche!
Last edited by JerryU; 07-17-2019 at 11:05 AM.
#23
Burning Brakes
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I don't view my car as an investment. That said, it seems very much like on 7/18/19 at 11:00 pm ET, the value of my M7 equipped C7 is going to increase dramatically to the only person it matters to...me.
I've never owned an automatic Corvette. It's difficult for me to understand the point of one.
I've never owned an automatic Corvette. It's difficult for me to understand the point of one.
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#24
Burning Brakes
Simple economics says that fewer M7s sold overall would equal higher resale just because there are fewer of them available at any given time. That does require a buyer who wants an M7 but I also think the A8 shudder may keep people interested in the M7.
It will be interesting to see if Chevy eventually releases a manual option on the C8 for the purists, similar to what BMW is doing with the upcoming 2020 M3 where they have an M3 "pure" that has less power (BMW doesn't have a manual tranny that holds enough power for the new M3 so they have to detune it, different issue from Chevy) but does have a manual tranny. Probably depends on how well the auto holds up I guess - it's all speculation at this point.
It will be interesting to see if Chevy eventually releases a manual option on the C8 for the purists, similar to what BMW is doing with the upcoming 2020 M3 where they have an M3 "pure" that has less power (BMW doesn't have a manual tranny that holds enough power for the new M3 so they have to detune it, different issue from Chevy) but does have a manual tranny. Probably depends on how well the auto holds up I guess - it's all speculation at this point.
#27
Le Mans Master
There is gonna be a block of people who are looking for a vette who only drive manuals. Now they are forced to go the used C7 route which has what only 20 or percent manuals. They will be willing to pay a little bit more to find a manual.
#29
Instructor
#30
Melting Slicks
Not as many people drive manuals these days. I would think supply and demand will play a part the decision making when it comes to buying a C7 with manual transmission.
#31
Everyone likes to think they car will be worth more because of X. Reality check here : Less manual because there is less demand. It's also harder for dealer to get rid of them. The truth is that C7 M7 is still worth less on the market than the A8.
#32
Of course, as I was just typing, this dealer thinks he can charge way above market value
https://www.autotrader.ca/a/chevrole...203H4&sprx=100
This is one of the closest dealership to my home. For reference, 6 months ago, I bought my 2015 Stingray Z51 with 15000km for 59,995 CAD. One owner, perfect condition (different dealer). I don't have anything against this particular dealership but it's obvious they have overprice this vehicle hoping that all the DCT hater will feel like they have to buy the last MT Corvette before they all vanished for good. This 5K above market value and I felt like I already paid maximum value for mine.
https://www.autotrader.ca/a/chevrole...203H4&sprx=100
This is one of the closest dealership to my home. For reference, 6 months ago, I bought my 2015 Stingray Z51 with 15000km for 59,995 CAD. One owner, perfect condition (different dealer). I don't have anything against this particular dealership but it's obvious they have overprice this vehicle hoping that all the DCT hater will feel like they have to buy the last MT Corvette before they all vanished for good. This 5K above market value and I felt like I already paid maximum value for mine.
Last edited by Fogboundturtle; 07-17-2019 at 02:11 PM.
#33
Melting Slicks
Fewer manuals available right along with fewer numbers of buyers looking for manuals. It's not that hard to see that the price differential will never be significantly higher. Also, those that think a C7 with a manual in it is going to age and suddenly have crazy collector appeal like a Ferrari are dreaming.
Bottom line. Should you buy a C7 with a manual with any expectation of achieving a significant value increase over the same exact car with an automatic? No. Buy the C7 with a manual because that is the car you want to own.
Bottom line. Should you buy a C7 with a manual with any expectation of achieving a significant value increase over the same exact car with an automatic? No. Buy the C7 with a manual because that is the car you want to own.
#34
Le Mans Master
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Finalist 2020 C7 of the Year -- Unmodified
Actually No most people want the A8 just look at the production #'s. Here on the forum is where the M7 guys come out !
#35
Safety Car
traditionally car with MT worth a little more on the used market, and it is not just a Corvette affair.
#36
Melting Slicks
Maybe but monetarily it won't matter. What does matter is that you are happy with you decision. I love manuals because I feel better connected to the experience of driving a great sports car. I love blipping the throttle. I love rowing through the gears. I love the rev matching feature of my GS and drive with it pretty much engaged all the time. Blipping is automatic in downshifts and cool to hear. What I like equally as well is when someone asks you or is looking at your car, first question they ask is "is it a manual"? And when you say yes, they inevitably start elaborating about proper sports cars have manuals and the like...... Puts a smile on my face!! Automatics are cool and a bit faster but that's not what excites me. I have 2 other vehicles that have autos.
#37
Drifting
Maybe a bit... I'd be willing to pay a little extra since I am a manual guy. But one area where the M7 might suffer as compared to A8 is if the car had a lot of miles since the clutch is a wear item and $$ to replace, even if you have an extended warranty. The warranty would fix a busted A8, but not a worn out clutch. So as a buyer I'd not pay a premium for a clutch with questionable remaining life.
#38
Autos have been outselling manuals new, numerically, for some time.
But the manual is still the one that is more in demand down the line. Years later, people aren't buying them to daily drive.
No exceptions that I'm aware of.... show me one. Not just high end exotics either.
Just some examples of many relatively newish cars that have hit the bottom of the depreciation curve that were offered with both:
E46 M3 - when it came out "SMG is great!!" Today: Manuals are the ones to have.
996/997 Porsche (all configurations): "Tiptronic is great"... now... manual cars fetch a very noticeable premium.
Even cars like F-bodies... same thing.
If they stop making new manual Corvettes, it will just further assure what is already inevitable. It doesn't matter how they sold new. 10-15 years from now, the manual will be the desirable one for those looking for the cleanest, best ones.
But the manual is still the one that is more in demand down the line. Years later, people aren't buying them to daily drive.
No exceptions that I'm aware of.... show me one. Not just high end exotics either.
Just some examples of many relatively newish cars that have hit the bottom of the depreciation curve that were offered with both:
E46 M3 - when it came out "SMG is great!!" Today: Manuals are the ones to have.
996/997 Porsche (all configurations): "Tiptronic is great"... now... manual cars fetch a very noticeable premium.
Even cars like F-bodies... same thing.
If they stop making new manual Corvettes, it will just further assure what is already inevitable. It doesn't matter how they sold new. 10-15 years from now, the manual will be the desirable one for those looking for the cleanest, best ones.
#39
Melting Slicks
Maybe a bit... I'd be willing to pay a little extra since I am a manual guy. But one area where the M7 might suffer as compared to A8 is if the car had a lot of miles since the clutch is a wear item and $$ to replace, even if you have an extended warranty. The warranty would fix a busted A8, but not a worn out clutch. So as a buyer I'd not pay a premium for a clutch with questionable remaining life.
#40
Race Director
Perhaps slightly after the C8 comes out, but only until the old geezer manual (I only drive sticks, A8s are for girls, it 's not a sports if not a manual) fanatics die out or get too old to shift any longer.
Unfortunately, the future appears bleak for manuals as the millennials/ up and coming Corvette purchasers don't want them and couldn't drive them even if they did. Only 18% of the american driving public can shift a manual according to a US News & World Report article, and that % is falling every year.
Even now sellers may be asking a bit more for M7s, but check out the auctions and find they are not getting it. Could get to a point in time where you can hardly give a manual away, but I hope not.
Unfortunately, the future appears bleak for manuals as the millennials/ up and coming Corvette purchasers don't want them and couldn't drive them even if they did. Only 18% of the american driving public can shift a manual according to a US News & World Report article, and that % is falling every year.
Even now sellers may be asking a bit more for M7s, but check out the auctions and find they are not getting it. Could get to a point in time where you can hardly give a manual away, but I hope not.
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