Are manual transmissions sought after?
The following 2 users liked this post by Woodson:
NortonCO (04-01-2024),
Vettefanboii (04-03-2024)
#162
Melting Slicks
Just for ***** I configured a 2017 Stingray with 20K miles, excellent condition. Private party value on both cars (auto or manual) ranges from 43 - 47K. I would agree that the manual is worth gold if someone is saying they can get 55K for their Stingray in a manual when the auto is only going for 45K, but it's not. Using a low production model like the ZR1 does not represent the used Corvette market as a whole. First and foremost if anyone is buying a used C7 for resale they should not be buying one. If they are basing which transmission to get based on resale, they should not be buying one. The Corvette they should buy is the one that is optioned exactly, or as close as possible, to the one they want to own and enjoy.
#164
^^^
A healthy, productive attitude.
All this hand wringing and obsessing . . .
A healthy, productive attitude.
All this hand wringing and obsessing . . .
#165
Safety Car
Member Since: Jun 2002
Location: Rotonda West, FL 2015 Z51 M7 3LT
Posts: 4,459
Received 271 Likes
on
121 Posts
Oldtimer
I wanted a BLUE C7 convertible with a M7 3LT and low miles. Took me a bit to find it but I finally found one a couple hours from me. LUVIN' it here in SW Fla! And NO it was NOT cheap but I didn't give a gnats a$$... it's what *I* wanted as my 6th, and FINAL Corvette!
#166
Team Owner
First and foremost if anyone is buying a used C7 for resale they should not be buying one. If they are basing which transmission to get based on resale, they should not be buying one. The Corvette they should buy is the one that is optioned exactly, or as close as possible, to the one they want to own and enjoy.
Secondly, sure I can buy it for enjoyment but resale can also figure into the equation should my situation change. If I don't care about resale, I could simply buy it even if it was say stolen or have some damage that made it harder to sell like a flood car that has been cleaned up assuming it checks out but has the "Mark of Cain" on the title.
Finally, when you are ready to upgrade, why would you want something harder to sell?
#167
Instructor
No, they are not sought after in general. Manual numbers were low because their wasn't a great demand for them. However, used dealers may be marking them up now because of the low numbers.
#168
Instructor
LOL, I complete get it. Historically the transmission type has made little to no difference in a used Corvette when you look at average resale values. It's because tens of thousands of them are manufactured. Want a manual C7? They are out there and readily available. Go to KBB and configure your used C7 exactly the same with the only difference being a manual vs an auto. The private party values are nearly always the same or at least close enough.
Just for ***** I configured a 2017 Stingray with 20K miles, excellent condition. Private party value on both cars (auto or manual) ranges from 43 - 47K. I would agree that the manual is worth gold if someone is saying they can get 55K for their Stingray in a manual when the auto is only going for 45K, but it's not. Using a low production model like the ZR1 does not represent the used Corvette market as a whole. First and foremost if anyone is buying a used C7 for resale they should not be buying one. If they are basing which transmission to get based on resale, they should not be buying one. The Corvette they should buy is the one that is optioned exactly, or as close as possible, to the one they want to own and enjoy.
Just for ***** I configured a 2017 Stingray with 20K miles, excellent condition. Private party value on both cars (auto or manual) ranges from 43 - 47K. I would agree that the manual is worth gold if someone is saying they can get 55K for their Stingray in a manual when the auto is only going for 45K, but it's not. Using a low production model like the ZR1 does not represent the used Corvette market as a whole. First and foremost if anyone is buying a used C7 for resale they should not be buying one. If they are basing which transmission to get based on resale, they should not be buying one. The Corvette they should buy is the one that is optioned exactly, or as close as possible, to the one they want to own and enjoy.
Truth is there are a handful of people out there willing to pay a little extra to get the right C7 in a manual. Might take longer for someone to come around but anyone wanting to sell a manual C7 could benefit from holding out for the right person.
Not sure if buying a clean low mile manual C7 soley as an investment opportunity makes sense tho. I bought mine with the intention of holding onto it for as long as I can so not too worried about resale value in the future but it would be cool if it turns out it ends up holding up well. Who knows how things will look in the future when manual V8s are a thing of the distant past.
Some hard data would settle this debate once and for all if someone had the resources, time and interest to conduct a study lol.
Last edited by Vettefanboii; 04-03-2024 at 06:16 PM.
The following users liked this post:
NortonCO (04-03-2024)