When Chevrolet first revealed the C8 Corvette in 2019it was a revelation. It supplied a 495-horsepower V8 wedged behind the motive force, making it the primary mid-engine Corvette if you happen to aren’t a kind of, “Nicely, really, it is technically been mid-engine for some time,” nerds. Even higher, for a short while, it additionally carried a sub-$60,000 base valuemaking it much more reasonably priced than lots of people anticipated. Today it begins at a bit over $70,000, which nonetheless is not unhealthy in any respect, and you may most likely decide up a high-mileage used model for like half that (or possibly much less), proper? Improper.
Because it seems, while you provide a mid-engine sports activities automotive with a near-500-hp V8 for much lower than any of the options to begin with, used variations maintain their worth method too properly. That is additionally a direct assault on these of us who rely upon huge depreciation to make otherwise-unaffordable efficiency automobiles attainable for us. In fact, loads of those self same individuals will loudly insist they might by no means purchase a C8 as a result of they cannot get it with a guide transmission, however come on. Do not faux you do not nonetheless want you might get an inexpensive C8. That is the way you assist justify the (most probably absurd) value of a guide swap.
Earlier than Covid hit throughout Trump’s first time period, it was fairly widespread for five-year-old used automobiles to solely be price a few third of their authentic value, whereas extra fascinating automobiles may retain as a lot as half their worth. And but, if you would like a used C8 with a clear title, $55,000 or so is about as low cost because it will get for now.
Used C8 costs
Now, it is totally attainable you could possibly discover a sub-$50,000 C8 Corvette in your native Craigslist or Fb Market, however the most cost-effective one I used to be capable of finding is a 2020 Corvette Stingray 2LT in Albuquerque, New Mexico. It has 76,548 miles on it, and it is listed for $54,950. There’s additionally a purple 2021 Corvette Stingray 3LT in Miami for $54,990 and a blue 1LT at that very same dealership for $55,990, though the 6,265 miles that the itemizing claims is certainly incorrect.
If you happen to favor one thing a bit simpler to seek out within the parking zone, you might at all times head to Hillsdale, Michigan, and decide up this 2022 Corvette Stingray 1LT with the Z51 package deal and Speed up Yellow Metallic paint. It has 55,733 miles on the odometer and can value you $55,520. However that might require you to get dangerously near Hillsdale Faculty, and no regular individual desires that.
Heck, even totaled C8 Corvettes are nonetheless too costly. For instance, this is a blue 2022 Corvette Stingray with 45,415 miles on it for a way more palatable $31,980, however it has a salvage title, and who even is aware of how a lot it could value to truly repair all of the injury and get it repainted. Odds are, you are higher off going with one of many costlier however not totaled C8s listed above.
In fact, if individuals are nonetheless prepared to pay these costs, that is what a used C8 is price. Sellers are within the enterprise of promoting automobiles, and Chevrolet constructed far too many of those for it to even be attainable to collude to maintain costs artificially excessive like some low-volume hypercar house owners allegedly do. Sadly, for the parents who have been hoping to choose up a five-year-old C8 for $30,000, although, the dream nonetheless stays very a lot out of attain.
