Uh Oh... C8s Are Depreciating Quicker than C7s

[RM7]

Originally Posted by G MONEY

Hey. Don’t talk about Trans on here. The Karen’s will get but hurt. Oh wait, you meant car trans?

Its always projection

[philth]

Whoa, what a train wreck of a thread.
Needs to get back on topic;

‘Ferrari’ By Walmart
Walmart Ferrari
Great Value Ferrari
PininGMina

Please add to the list;

[BlkGS]

Originally Posted by philth

Whoa, what a train wreck of a thread.
Needs to get back on topic;

‘Ferrari’ By Walmart
Walmart Ferrari
Great Value Ferrari
PininGMina

Please add to the list;

The C8 looks like a GTA Online version of a Lambo.

The C8 is what you get when you order your Lambo from Wish.

[dreamingat30fps]

I think everything has depreciated because everything was over appreciated. A used car should not cost more or the same as a new car. I think the C8 is coming back in line with that. It’s a corvette after all and not some special limited edition collector car.

I owned a C7 and I liked it. I would consider owning a C8 if it came with a manual. My friend has one and I drove it through some winding roads and honestly I have no complaints other than it’s automatic. Certain angles it looks weird and certain angles it looks good... I think the C7 looks better. I found the interior to be very nice, nicer than the C7.

[Efthreeoh]

Originally Posted by dreamingat30fps

I think everything has depreciated because everything was over appreciated. A used car should not cost more or the same as a new car. I think the C8 is coming back in line with that. It’s a corvette after all and not some special limited edition collector car.

I owned a C7 and I liked it. I would consider owning a C8 if it came with a manual. My friend has one and I drove it through some winding roads and honestly I have no complaints other than it’s automatic. Certain angles it looks weird and certain angles it looks good... I think the C7 looks better. I found the interior to be very nice, nicer than the C7.

There was a black, 2024, 1,900-mile LT1 up for auction on BaT today. Zero options. $69,990 was the listed price on the window sticker. It was bid to $57,000. It was being sold by a dealer. It did not reach the reserve minimum.

Not really sure what the dealer was expecting.

[RM7]

Originally Posted by Efthreeoh

There was a black, 2024, 1,900-mile LT1 up for auction on BaT today. Zero options. $69,990 was the listed price on the window sticker. It was bid to $57,000. It was being sold by a dealer. It did not reach the reserve minimum.

Not really sure what the dealer was expecting.

Stingray? If not that would explain it for sure.

[Efthreeoh]

Originally Posted by RM7

Stingray? If not that would explain it for sure.

Yes, a base Stingray LT1 trim.

[Alfisti]

Yeah I don't get that, that seems a very fair price imho.

[dreamingat30fps]

Originally Posted by Efthreeoh

There was a black, 2024, 1,900-mile LT1 up for auction on BaT today. Zero options. $69,990 was the listed price on the window sticker. It was bid to $57,000. It was being sold by a dealer. It did not reach the reserve minimum.

Not really sure what the dealer was expecting.

A think a lot of dealers still believe it’s 2021 or just refuse to take a loss. I see LT2s and LT3s for under $70k all day. I’ve even see a few on Carmax which is usually overpriced.

Honestly the current car market really makes me not want to buy anything. At least for me… all my cars have dropped in trade in value by a LOT meanwhile the used car prices are still high IMO (although they have come down some VERY slowly).

[Efthreeoh]

Originally Posted by dreamingat30fps

A think a lot of dealers still believe it’s 2021 or just refuse to take a loss. I see LT2s and LT3s for under $70k all day. I’ve even see a few on Carmax which is usually overpriced.

Honestly the current car market really makes me not want to buy anything. At least for me… all my cars have dropped in trade in value by a LOT meanwhile the used car prices are still high IMO (although they have come down some VERY slowly).

And why use BaT to sell a current model year no-options LT1 Corvette that is the least expensive model GM sells? Its a used sports car that should be in a dealer's used car inventory. Even the stupidity of BaT'ers left realism on the table for this auction.

[FrostyDC4]

Whatever happened to the 60k C8 we were promised?

[swanson]

Originally Posted by FrostyDC4

Whatever happened to the 60k C8 we were promised?

We did get it in 2020 when it first came out.

[dreamingat30fps]

Originally Posted by FrostyDC4

Whatever happened to the 60k C8 we were promised?

Blame the idiots who were willing to wait in line for over a year and pay over MSRP for one.

[Efthreeoh]

Originally Posted by swanson

We did get it in 2020 when it first came out.

And it still is, actually a few thousand cheaper.

[Donatello.]

Originally Posted by dreamingat30fps

A think a lot of dealers still believe it’s 2021 or just refuse to take a loss. I see LT2s and LT3s for under $70k all day. I’ve even see a few on Carmax which is usually overpriced.

Honestly the current car market really makes me not want to buy anything. At least for me… all my cars have dropped in trade in value by a LOT meanwhile the used car prices are still high IMO (although they have come down some VERY slowly).

This

[NickyC]

Originally Posted by dreamingat30fps

A think a lot of dealers still believe it’s 2021 or just refuse to take a loss. I see LT2s and LT3s for under $70k all day. I’ve even see a few on Carmax which is usually overpriced.

Honestly the current car market really makes me not want to buy anything. At least for me… all my cars have dropped in trade in value by a LOT meanwhile the used car prices are still high IMO (although they have come down some VERY slowly).

I don't even look at changing cars any longer, haven't for a couple years now. It's a complete waste of time as cars are ridiculously overpriced and there's nothing I can afford which I'd rather have than my current car. I don't even want the new G82 CS, I'd rather keep my F82 version.

[TheSIG]

I had a 21 C8 and got rid of it before the values started to normalize just for this reason. It was fun while it lasted to own a car worth more or the same that I paid for for sure, but I love my M240 .

[Donatello.]

Originally Posted by NickyC

I don't even look at changing cars any longer, haven't for a couple years now. It's a complete waste of time as cars are ridiculously overpriced and there's nothing I can afford which I'd rather have than my current car. I don't even want the new G82 CS, I'd rather keep my F82 version.

Right there with you. No plans to replace my current toys. I only want to add because what car guy doesn't?

Sadly, I am not a billionaire. I can wait for things to settle. I don't have room for anything else anyway

[Efthreeoh]

Originally Posted by NickyC

I don't even look at changing cars any longer, haven't for a couple years now. It's a complete waste of time as cars are ridiculously overpriced and there's nothing I can afford which I'd rather have than my current car. I don't even want the new G82 CS, I'd rather keep my F82 version.

Me too, right there with you. I don't drive much anymore, not the 40,000/year I used to up until Dec. 2021. I have a great mix of cars. Today I was taking a few around my own local 'Ring out in the mountains where I live. I said the very same thing. I've learned to re-appreciate the cars I have. I get to dance with a different girl every night if I want to, and they are all great partners in their own right.

Nothing new in the market interests me. The car has a camera watching me watching it drive the road I'm on. Seriously, how stupid is that?

[W///]

Originally Posted by NickyC

I don't even look at changing cars any longer, haven't for a couple years now. It's a complete waste of time as cars are ridiculously overpriced and there's nothing I can afford which I'd rather have than my current car. I don't even want the new G82 CS, I'd rather keep my F82 version.

If anything, I'm going backwards and will probably start consolidating/selling cars in the future.

Just less and less free time these days, and I'd rather put the effort into a few cars than having to maintain a fleet of ageing BMWs.

[Davil]

A Corvette doesn’t need to be the fastest or best handling car. It needs to be an experience. Something you have an emotional connection to. Every manufacturer is about lap times and numbers these days. Boo.

I’ll take one of these thanks. What a piece of art.

[David70]

Originally Posted by Davil

A Corvette doesn’t need to be the fastest or best handling car. It needs to be an experience. Something you have an emotional connection to. Every manufacturer is about lap times and numbers these days. Boo.

I’ll take one of these thanks. What a piece of art.

I agree and it's why I have my AM Vantage, I decided on it based on the engine characteristics and how it looks. If I line up for a race I will possibly lose by a fraction of a second. 1st - never happens, 2nd - I don't care.