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People Are Asking Tremdous$ For C7's Are They Actually Getting It

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Old 05-05-2023, 03:08 PM
  #21  
Let It Ride
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Originally Posted by Blackwater0323
Did the KBB research on my 2019 M7 GS. It has been trending up the last couple of months, avg Trade-in is $64-69k and retail is $68-74k. Spring always brings higher prices. Owned the car going on 4 years and only paid $68k plus tax new.
I keep track of mine with all the dates, private party/trade-in. Just a little hobby I have. It went up about $1500 since I last looked on 3-30-2023 2019 GS M7 2LT 3600 miles



Last edited by Let It Ride; 05-05-2023 at 03:17 PM.
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Dads2kconvertible (05-06-2023)
Old 05-05-2023, 06:28 PM
  #22  
Shayb79
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I think they've come down a bit over the past six months or so. But I think their depreciation will be slower as time goes on. Which is fine with me.. for when I sell to buy a C8 in a few years.

I think too, modern muscle/sports cars will hold value pretty well as more EVs hit the road. People will be paying a premium for used ICE Chargers, Challengers, Camaros, Mustangs and Corvettes, even just 12 years from now when everything is a glorified go cart.
Old 05-05-2023, 07:47 PM
  #23  
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Looking at cargurus and the other online houses, looks to me like the C7 market is still soft. Low mileage cars sure. Uncle has a '14 auto/base he bought new with less than 1k miles on it. He's never even washed it.
Old 05-05-2023, 09:10 PM
  #24  
JLSuperfly
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I just bought a new to me 17 1LT Z51 A8 with only 5k miles for $52k.
Old 05-06-2023, 08:54 AM
  #25  
cdq85
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Originally Posted by Let It Ride
Maybe I should clarify, I am not talking covid prices, I know they were really high, I am talking current pricing.
Prices are just crazy in general. I work in the auto industry and deal with the wholesale market every day. It's not just a C7 thing. I'm seeing two year old Corolla's still being bought at auction for original MSRP meaning they are selling above that. Until the new car manufacturers fill the lots and can meet demand, this won't end.
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Old 05-06-2023, 09:11 PM
  #26  
fnbrowning
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Originally Posted by dvilin
People are paying the high prices for a chance to own the last of the front engine, and in many cases the last of a M7.
You forgot that the C7 Corvette is One of the All-Time Great Grand Touring Cars!
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Old 05-06-2023, 09:13 PM
  #27  
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Originally Posted by Red08
It sounds to me that people are seeing the C7 as a great car, and the last of the front engine.
People forget that the C7 is ble to carry two people in speed, style, and comfort, making the Corvette C7 one of the all-time great grand touring cars.
Old 05-07-2023, 06:06 PM
  #28  
Skid Row Joe
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I couldn't replace used, for what I paid (low $60Ks) for my brand new 2017 Stingray convertible, MSRC, FE2, 3lt after discounted MSRP. Real glad I bought it too!👍
Old 05-07-2023, 11:55 PM
  #29  
JDMvette7
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Prices seem to be creeping back up. My trade in value keeps going up according to KBB.

https://www.cargurus.com/Cars/price-...et-Corvette-d1
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CorvetteMike2024 (05-08-2023)
Old 05-08-2023, 03:07 PM
  #30  
C7sebringgs
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Most C7s that are on this form seem to be selling fairly quick so I would think they are selling close to their asking price.
Old 05-08-2023, 04:07 PM
  #31  
c5arlen
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Are they actually getting it?... Have "they" fixed the usual suspects of C7 historic problematic issues we all know about?... How dose one know? For me I'd totally trust any forum contributer.. How about you?



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