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Sports Car

Chevrolet Corvette Depreciation Guide

The Chevrolet Corvette has a 24% five-year depreciation rate, which is better than the Sports Car average of 34%. At a base MSRP of $72,000, this vehicle loses approximately $17,280 in value over five years. The strong resale value makes this an excellent long-term purchase.

24%
5-yr depreciation
$72,000
Base MSRP
$48,960
Value at 5 yrs
10% better than average
vs Sports Car avg
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Estimated value by year
New
$72,000
MSRP
1 yr
$62,640
-13%
2 yrs
$59,040
-18%
3 yrs
$55,440
-23%
5 yrs
$48,960
-32%
10 yrs
$34,560
-52%
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Full Depreciation Table — Chevrolet Corvette

Based on base MSRP of $72,000. Actual values vary by trim, mileage, condition, and region.

YearAgeDepreciation🤝 Trade-In🧑 Private Sale🏢 Dealer Retail
2026 (New)0 yrs-0%$62,640$72,000$80,640
20251 yr-13%$54,497$62,640$70,157
20242 yrs-18%$51,365$59,040$66,125
20233 yrs-23%$48,233$55,440$62,093
20224 yrs-28%$45,101$51,840$58,061
20215 yrs-32%$42,595$48,960$54,835
20206 yrs-36%$40,090$46,080$51,610
20197 yrs-40%$37,584$43,200$48,384
20188 yrs-44%$35,078$40,320$45,158
20179 yrs-48%$32,573$37,440$41,933
201610 yrs-52%$30,067$34,560$38,707
Cost per year
$3,456
avg annual loss
Sweet spot buy
2–3 yrs old
$55,440 saves $16,560
Value at 10 yrs
$34,560
52% of value gone
Key Specs — Chevrolet Corvette
Category
Sports Car
Base MSRP
$72,000
5-Year Depreciation
24%
vs Category Avg
10% better than average
Expected Lifespan
100,000–150,000 miles
Best Used Buy Age
2–3 years old
Should you buy a used Chevrolet Corvette?

The sweet spot for buying a used Corvette is 2 to 3 years old. At that age you can save approximately $16,560 off the new price while still getting a relatively modern vehicle. This model holds its value exceptionally well — buying new is more justifiable than average.

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