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.
| Year | Age | Depreciation | 🤝 Trade-In | 🧑 Private Sale | 🏢 Dealer Retail |
|---|---|---|---|---|---|
| 2026 (New) | 0 yrs | -0% | $62,640 | $72,000 | $80,640 |
| 2025 | 1 yr | -13% | $54,497 | $62,640 | $70,157 |
| 2024 | 2 yrs | -18% | $51,365 | $59,040 | $66,125 |
| 2023 | 3 yrs | -23% | $48,233 | $55,440 | $62,093 |
| 2022 | 4 yrs | -28% | $45,101 | $51,840 | $58,061 |
| 2021 | 5 yrs | -32% | $42,595 | $48,960 | $54,835 |
| 2020 | 6 yrs | -36% | $40,090 | $46,080 | $51,610 |
| 2019 | 7 yrs | -40% | $37,584 | $43,200 | $48,384 |
| 2018 | 8 yrs | -44% | $35,078 | $40,320 | $45,158 |
| 2017 | 9 yrs | -48% | $32,573 | $37,440 | $41,933 |
| 2016 | 10 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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