Notices
C8 General Discussion The place to discuss the next generation of Corvette.
Sponsored by:
Sponsored by:

Which C8 Options Best Hold Their Value at Resale?

Thread Tools
 
Search this Thread
 
Old 12-10-2023, 01:22 AM
  #21  
C5racecar
Drifting

 
C5racecar's Avatar
 
Member Since: Jan 2006
Location: Portland Oregon
Posts: 1,347
Received 991 Likes on 478 Posts

Default

What is worth more to a buyer a few years down the road? HTC will be worth more due to the high initial cost.
1LT is less desirable, but someone is always looking for a bargain. 2LT is the sweet spot that everyone wants. 3LT is a lot higher cost, probably harder to sell.
Mag Ride probably a very desirable option.
Buy the car you want and someone else will want it later.
Old 12-10-2023, 07:55 AM
  #22  
3LZR21U
Melting Slicks
 
3LZR21U's Avatar
 
Member Since: Oct 2023
Posts: 3,378
Received 952 Likes on 625 Posts
Default

Originally Posted by C5racecar
What is worth more to a buyer a few years down the road? HTC will be worth more due to the high initial cost.
1LT is less desirable, but someone is always looking for a bargain. 2LT is the sweet spot that everyone wants. 3LT is a lot higher cost, probably harder to sell.
Mag Ride probably a very desirable option.
Buy the car you want and someone else will want it later.
According to the armchair QB's on here, 3's with a 3 dash that isn't bubbled will be as rare as hen's teeth--so therefore probably worth millions.
Old 12-10-2023, 12:56 PM
  #23  
cmonkey713
Race Director
 
cmonkey713's Avatar
 
Member Since: Aug 2008
Location: Edmond Oklahoma
Posts: 13,584
Received 1,274 Likes on 925 Posts

Default

The Z-51 option is the highest valued return for resale. Mag ride and front life are also good for resale. Other aftermarket cosmetic mods are almost a giveaway unless you find a buyer that appreciates and wants your aftermarket mods. As a side comment, I mod the car for myself and rarely consider resale especially on aftermarket mods.
The following 2 users liked this post by cmonkey713:
5632 (12-10-2023), kromdom (12-10-2023)
Old 12-10-2023, 01:06 PM
  #24  
23/C8Z
Race Director
 
23/C8Z's Avatar
 
Member Since: Oct 2008
Location: NJ
Posts: 12,553
Received 5,810 Likes on 3,198 Posts

Default

Originally Posted by cmonkey713
The Z-51 option is the highest valued return for resale. Mag ride and front life are also good for resale. Other aftermarket cosmetic mods are almost a giveaway unless you find a buyer that appreciates and wants your aftermarket mods. As a side comment, I mod the car for myself and rarely consider resale especially on aftermarket mods.
good for resale?

The only thing good for resale is exterior and interior color.

50 plus pct are HTC and the other 50 pct are coupes.

Thats the jist of this.

You can option a car with mag ride npp z51 etc etc. If the colors aren't right? You're taking a bigger hit. And it will take longer to sell.

Try a silver with tan interior mag ride lift 2lt car vs a white red or black 1lt no option and see they take the same cash after a few years

You pay 7500 more for an HTC. a used HTC isn't going to be 7500 more than a couple either. So in essence the coupe holds resale better not by much.
The following users liked this post:
Blue Curvette (12-10-2023)
Old 12-10-2023, 02:47 PM
  #25  
Jettcity1
Racer
 
Jettcity1's Avatar
 
Member Since: Jul 2022
Posts: 324
Received 332 Likes on 138 Posts
Default

You don't make money buying performance cars, this is an expensive hobby.
There are countless threads on who paid less and who got the best deal, blah, blah, blah.
I paid 5K over and i am one very happy C-8 owner, I really do not care what My resale value ever will be.
I do know that the next driver who gets My car will be one very lucky owner (just like I am)
The following 4 users liked this post by Jettcity1:
23/C8Z (12-10-2023), Blue Curvette (12-10-2023), kromdom (12-10-2023), Legion (12-11-2023)
Old 12-10-2023, 02:49 PM
  #26  
23/C8Z
Race Director
 
23/C8Z's Avatar
 
Member Since: Oct 2008
Location: NJ
Posts: 12,553
Received 5,810 Likes on 3,198 Posts

Default

Originally Posted by Jettcity1
You don't make money buying performance cars, this is an expensive hobby.
There are countless threads on who paid less and who got the best deal, blah, blah, blah.
I paid 5K over and i am one very happy C-8 owner, I really do not care what My resale value ever will be.
I do know that the next driver who gets My car will be one very lucky owner (just like I am)
are you certain that you won't one day be laying on your death bed wishing that you didnt spend that extra 5k and waited another year or 2? Asking for a friend.
Old 12-10-2023, 03:28 PM
  #27  
cmonkey713
Race Director
 
cmonkey713's Avatar
 
Member Since: Aug 2008
Location: Edmond Oklahoma
Posts: 13,584
Received 1,274 Likes on 925 Posts

Default

When you get right down to it the color and price are the two biggest considerations. After that, the options are an issue of personal choice and budget for most buyers.
Old 12-10-2023, 03:40 PM
  #28  
C8forT
Burning Brakes
 
C8forT's Avatar
 
Member Since: Aug 2007
Posts: 816
Received 454 Likes on 231 Posts

Default

Originally Posted by BarneyZ
also, has anyone seen studies done about this?
Examples:
HTC vs Coupe
C1vsC2vsC3
MSRC vs non-MSRC
I researched this on the C7. For that model it appeared to be the Z51 package. The used C7s with the Z51 package, but otherwise comparable to non-Z51 C7s, were selling an amount over the non-Z51 C7s that was just about equal to the price of the Z51 package.
The following 2 users liked this post by C8forT:
Blue Curvette (12-10-2023), kromdom (12-10-2023)
Old 12-10-2023, 04:33 PM
  #29  
23/C8Z
Race Director
 
23/C8Z's Avatar
 
Member Since: Oct 2008
Location: NJ
Posts: 12,553
Received 5,810 Likes on 3,198 Posts

Default

Originally Posted by C8forT
I researched this on the C7. For that model it appeared to be the Z51 package. The used C7s with the Z51 package, but otherwise comparable to non-Z51 C7s, were selling an amount over the non-Z51 C7s that was just about equal to the price of the Z51 package.
color inside and out - dictates the residual value. The Rest is in your head..

Any option is getting you MAX what the option cost.

The only exception to this rule are the manuals. And there's no "manual" C8s.
Old 12-10-2023, 05:37 PM
  #30  
C8forT
Burning Brakes
 
C8forT's Avatar
 
Member Since: Aug 2007
Posts: 816
Received 454 Likes on 231 Posts

Default

Originally Posted by C8forT
I researched this on the C7. For that model it appeared to be the Z51 package. The used C7s with the Z51 package, but otherwise comparable to non-Z51 C7s, were selling an amount over the non-Z51 C7s that was just about equal to the price of the Z51 package.
Originally Posted by 19/C7Z
color inside and out - dictates the residual value. The Rest is in your head..
Of course, the research I did is in my head since I spent so much time doing it. I don't forget everything, though my memory is not what it used to be.

Originally Posted by 19/C7Z
Any option is getting you MAX what the option cost.
That aligns with what I said.

Originally Posted by 19/C7Z
The only exception to this rule are the manuals. And there's no "manual" C8s.
Correct that there are no manual C8s. When I was looking at used C7s I was only looking at manuals and not closely comparing manuals to automatics, but on this point I think you probably are correct.
Old 12-10-2023, 07:31 PM
  #31  
tooold2race
Burning Brakes
 
tooold2race's Avatar
 
Member Since: Sep 2012
Location: Keller Texas
Posts: 858
Received 560 Likes on 293 Posts

Default

NEVER.... EVER pick options for 'resale' value.... That's like ordering the car for someone else. Get what YOU want because that's what you want!

If people all ordered for resale value, all of 'em would come out of the factory painted RED!!!
The following users liked this post:
kromdom (12-10-2023)
Old 12-10-2023, 07:33 PM
  #32  
Dave'sManCave
Instructor
 
Dave'sManCave's Avatar
 
Member Since: Nov 2023
Location: Atlanta area
Posts: 188
Received 109 Likes on 57 Posts
Default

Originally Posted by tadda
Thankfully, I never buy cars with resale in mind.. I get what I like...
Exactly, buy the car you want to drive, not the care you want to sell. If you buy it for resale value, then you feel compelled to not drive it as much, to preserve the resale value.

That's like having an Italian super model girlfriend, but you don't bang her so you can keep her fresh for the next guy...
The following 5 users liked this post by Dave'sManCave:
3LZR21U (12-10-2023), Falcon05Dad (12-10-2023), kromdom (12-10-2023), sshallen (12-10-2023), tooold2race (12-10-2023)
Old 12-10-2023, 09:01 PM
  #33  
Bluehinder
Drifting
 
Bluehinder's Avatar
 
Member Since: Nov 2004
Posts: 1,344
Received 1,358 Likes on 558 Posts

Default

3LT it it was me. Only option that really matters other than HTC or coupe.
Old 12-10-2023, 09:33 PM
  #34  
3LZR21U
Melting Slicks
 
3LZR21U's Avatar
 
Member Since: Oct 2023
Posts: 3,378
Received 952 Likes on 625 Posts
Default

I'm ordering new, because I don't trust the used market. A lot of owners seem to be rather cavalier with their choices, and reason that they will simply trade up in 2-3 years, so they will just buy whatever experience has taught them they want.

I do NOT trust the market on something like that. Not in a color that is consistently near the bottom on take rate. If I wanted black, white or torch red, I probably wouldn't even entertain the idea of buying new. Add to that the only way to get interior trim panels in the color I want--is to go for that specific color on trim level 3. Then you toss in black canopy HTC, stealth interior, black exhaust tips, body color mirrors/accents, and you're in rarefied air, as most will have started vomiting up carbon fiber all over their order sheet at this point--and I detest it.

p.s.
For the sake of comparison, let's use 2023 numbers for a Z, since the ER isn't available yet. That's ~5880. ~2880 are HTC. ~235 total (coupe and HTC) are AYM. So it would be reasonable to assume that about half/half, so ~118 units. 9% take rate on SCG. So now you have ~11 total units that may have some form of AYM over SCG in HTC. And that's not even factoring in 1 vs 2 vs 3, or other options.

That's why new.

Last edited by 3LZR21U; 12-10-2023 at 09:46 PM.
Old 12-10-2023, 09:50 PM
  #35  
Dave'sManCave
Instructor
 
Dave'sManCave's Avatar
 
Member Since: Nov 2023
Location: Atlanta area
Posts: 188
Received 109 Likes on 57 Posts
Default

Originally Posted by 3LZR21U
I'm ordering new, because I don't trust the used market. A lot of owners seem to be rather cavalier with their choices, and reason that they will simply trade up in 2-3 years, so they will just buy whatever experience has taught them they want.

I do NOT trust the market on something like that. Not in a color that is consistently near the bottom on take rate. If I wanted black, white or torch red, I probably wouldn't even entertain the idea of buying new. Add to that the only way to get interior trim panels in the color I want--is to go for that specific color on trim level 3. Then you toss in black canopy HTC, stealth interior, black exhaust tips, body color mirrors/accents, and you're in rarefied air, as most will have started vomiting up carbon fiber all over their order sheet at this point--and I detest it.

p.s.
For the sake of comparison, let's use 2023 numbers for a Z, since the ER isn't available yet. That's ~5880. ~2880 are HTC. ~235 total (coupe and HTC) are AYM. So it would be reasonable to assume that about half/half, so ~118 units. 9% take rate on SCG. So now you have ~11 total units that may have some form of AYM over SCG in HTC. And that's not even factoring in 1 vs 2 vs 3, or other options.

That's why new.
I hate the vomiting of carbon fiber... Its like, people think that carbon fiber makes the car more exotic... And it doesn't... Not when its just stuff stapled to the outside of it or all over the interior... It we are taking about some carbon fiber space age chassis, sure... But cup holders and headrests and whatever else... Can't wait for that fad to go away...
The following 3 users liked this post by Dave'sManCave:
23/C8Z (12-10-2023), 3LZR21U (12-10-2023), Bluehinder (12-10-2023)
Old 12-10-2023, 10:02 PM
  #36  
sshallen
Burning Brakes
 
sshallen's Avatar
 
Member Since: May 2002
Location: Nashville TN
Posts: 841
Received 697 Likes on 342 Posts

Default

Originally Posted by Dave'sManCave
I hate the vomiting of carbon fiber... Its like, people think that carbon fiber makes the car more exotic... And it doesn't... Not when its just stuff stapled to the outside of it or all over the interior... It we are taking about some carbon fiber space age chassis, sure... But cup holders and headrests and whatever else... Can't wait for that fad to go away...
Carbon fiber's virtue is that it can provide strength, or reduce weight.

A carbon fiber glovebox cover attached with 3M tape does not lighten the glovebox, does not meaningfully strengthen it.

Twenty years from now restorers will be posting tips on how to remove these "upgrades". Inarguable.
The following users liked this post:
Dave'sManCave (12-10-2023)
Old 12-10-2023, 10:04 PM
  #37  
Dave'sManCave
Instructor
 
Dave'sManCave's Avatar
 
Member Since: Nov 2023
Location: Atlanta area
Posts: 188
Received 109 Likes on 57 Posts
Default

Originally Posted by sshallen
Carbon fiber's virtue is that it can provide strength, or reduce weight.

A carbon fiber glovebox cover attached with 3M tape does not lighten the glovebox, does not meaningfully strengthen it.

Twenty years from now restorers will be posting tips on how to remove these "upgrades". Inarguable.
Exactly. And it tends to scratch really easily... To me, if there is a piece here and there as an accent, it looks good. But so many people go crazy with it and it looks like you are trying too hard...

Get notified of new replies

To Which C8 Options Best Hold Their Value at Resale?

Old 12-10-2023, 10:13 PM
  #38  
winders
Burning Brakes
 
winders's Avatar
 
Member Since: Sep 2023
Location: San Martin, CA
Posts: 1,199
Received 1,247 Likes on 565 Posts
Default

Originally Posted by Dave'sManCave
I hate the vomiting of carbon fiber... Its like, people think that carbon fiber makes the car more exotic... And it doesn't... Not when its just stuff stapled to the outside of it or all over the interior... It we are taking about some carbon fiber space age chassis, sure... But cup holders and headrests and whatever else... Can't wait for that fad to go away...
I like carbon fiber only when it used for functional reasons. Otherwise, I think it looks too garish. I have no desire or need for carbon fiber interior parts in my C8. I would prefer it if the GT2 seats did not have that carbon fiber section around and below the head rest. If the whole seat frame was made out of carbon fiber and was a lot lighter because of it, I would be fine with it. I want the 5VM style splitter and side skirts but not at Factory exposed carbon fiber prices. I'll happily get the more durable ACS versions painted Carbon Flash and save over $4K in the process.

You save a lot of money not having a carbon fiber fetish!
The following users liked this post:
3LZR21U (12-10-2023)
Old 12-10-2023, 10:20 PM
  #39  
Fishfryer527
Burning Brakes
 
Fishfryer527's Avatar
 
Member Since: Apr 2022
Location: Melbourne Florida’s Barrier Islands
Posts: 1,221
Received 1,122 Likes on 507 Posts
Default

Wheel options probably don’t get much of a resale bump. Any aftermarket mods might hurt resale. HTC may be one of the better resale options in Florida, but not NY. NPP probably not great, it’s too quiet in every mode.

Old 12-10-2023, 10:32 PM
  #40  
3LZR21U
Melting Slicks
 
3LZR21U's Avatar
 
Member Since: Oct 2023
Posts: 3,378
Received 952 Likes on 625 Posts
Default


765LT seats. This is pretty much the only acceptable way seats should have carbon fiber visible. Notice how the rest of the CF accents are not high-gloss, but rather satin/eggshell finish. It's the little things that matter.



Quick Reply: Which C8 Options Best Hold Their Value at Resale?



All times are GMT -4. The time now is 10:18 AM.