C6 Corvette

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Oct 31st, 2019 10:29 pm

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Oct 31st, 2019 3:00 pm

ncnmra [OP]: Sr. Member; Mar 22, 2004; 540 posts; 321 upvotes; London, ON

Oct 31st, 2019 3:00 pm

C6 Corvette

I've had my eye on a C6 'vette. I'm wondering if this time of year is truly a good idea to jump on one, or if the increased 6-month or so depreciation till spring makes it a better idea to wait until then. I'm especially curious what will happen with depreciation considering the C8 is around the corner.

Has anyone tracked Corvette depreciation and can offer any comments on whether prices are lower in fall (or conversely "higher" in the spring) for the same given year/model/mileage?

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Oct 31st, 2019 4:28 pm

Swerny: Deal Guru; Oct 5, 2008; 13991 posts; 8092 upvotes; Toronto

Oct 31st, 2019 4:28 pm

seeing how it's essentially a seasonal item, like a motorcycle, there would be far more demand in the spring than the fall, especially when you need somewhere to store it.

meaning it should be a lot cheaper now than in the spring.

Oct 31st, 2019 4:50 pm

ncnmra [OP]: Sr. Member; Mar 22, 2004; 540 posts; 321 upvotes; London, ON

Oct 31st, 2019 4:50 pm

Swerny wrote: ↑ seeing how it's essentially a seasonal item, like a motorcycle, there would be far more demand in the spring than the fall, especially when you need somewhere to store it.

meaning it should be a lot cheaper now than in the spring.

That's my theory too, however, in the spring there is more supply because many sellers wait until then to off load them, so the supply/demand equation isn't an easy comparison. Additionally, in the spring the car is a "year older".

I was just curious if anyone has tracked pricing of these specific vehicles. I used to have a BMW M Roadster, and I found that in the fall, the prices may have been marginally lower, but the selection was much slimmer, and often the only ones for sale were the ones that hadn't sold in better months. I haven't been tracking the C6 prices long enough to know what is a "great" deal.

Oct 31st, 2019 10:29 pm

engineered: Deal Expert; Feb 11, 2007; 16193 posts; 17627 upvotes; Oakville

Oct 31st, 2019 10:29 pm

ncnmra wrote: ↑ That's my theory too, however, in the spring there is more supply because many sellers wait until then to off load them, so the supply/demand equation isn't an easy comparison. Additionally, in the spring the car is a "year older".

I was just curious if anyone has tracked pricing of these specific vehicles. I used to have a BMW M Roadster, and I found that in the fall, the prices may have been marginally lower, but the selection was much slimmer, and often the only ones for sale were the ones that hadn't sold in better months. I haven't been tracking the C6 prices long enough to know what is a "great" deal.

Just keep watching the market until you find a price you like for the car you want. If you're not in a rush they you're at the advantage. Last car I bought I was casually looking around for about 7 months.

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