Corvette C8 Prices Fell Off A Cliff (again) | Bottom in sight? 

*More market analyses* Porsche: ru-vid.com/group/PLkx3WmwEN66dKJQug4xwskaR8tqUEtg_i Ferrari: ru-vid.com/group/PLkx3WmwEN66fjX4_e99Lu5gN2rlOtBhrE McLaren:ru-vid.com/group/PLkx3WmwEN66dlx4PN9VpM2-gSLKB0WVFn Audi: ru-vid.com/group/PLkx3WmwEN66fTWOIizW1gGdyJNvxyLXNm Mercedes: ru-vid.com/group/PLkx3WmwEN66fljQWz7PVLNUiggjZ5FGv_&si=3dyHoeOeVE4c1uR5 Chevrolet: ru-vid.com/group/PLkx3WmwEN66c-lJQmVKZ_mEKWaln3CcRH&si=V-CHGuBXNecc3OZp General car market updates: ru-vid.com/group/PLkx3WmwEN66eE4KxbIXZHxMf637v0CsVy

What I'm much more interested in is the depreciation from MSRP, not from the inflated prices idiots paid.

So glad I was patient. Couldn’t stomach the dealer markups on the Z06. It was “only” 30k in my region. Was able to snag an allocation at MSRP a few weeks ago. Don’t pay markups people!

Thousands of C8’s are being produced each month, how could the prices not decrease.

Gm should only sell these directly to avoid dealer price gouging.

I remember a highly optioned z06 asking $349k least year. And now they transact at MSRP. And next winter will be under MSRP. Crazy how predictable it was but people still paid insane ADMs.

Not surprising that such a mass produced car would crash from the crazy prices. I feel sorry for all those souls who payed so high

Very happy I didn't get caught up in the hype. Shoutout to my dealer MacMulkin Chevrolet in New Hampshire for getting me into a 2022 Stingray and 2024 Z06 for MSRP + $500 despite the rest of the madness in the market.

dont remind me I bought 2021 C8 for $105,000 sold it for $76,000 -$29,000 now you can buy same car 2024 New for $70K, I liked & subscribed

You can get 4-6k off the base model now, i saw a new coupe with z51 package for 71,800.

Reality Check: There are always 2 different market values of vehicles. 1 is what the stealerships say the vehicle is worth. 2 is what you can get for it if you try to sell it on your own which is significantly lower than what you paid at the stealership.

C8 Z06 vettes are 150k and below now....versus 200k+ months ago...I see 130k coming soon

Keep up the good work! Great videos

Excellent as always!

Yes please do include the C7’s on the future

I have always waited a couple years to see a new movie rather than stand in a stupid line up right away like a complete moron because it’s way better and I have zero need to see or get something immediately. Have a little patience folks.

Glad to hear you’ll be including the C7 again in the future!

thank you for the informative video as usual. what are your thoughts on the 600 LT? Do you think there could be price appreciation in the future considering there are only 750 of them made

Glad I picked C5Z a few years ago. C8 hype helped me get a deal. Prices are stable, even rising slightly. When I trade out of it in a few years I expect to break even against inflation. Not sure why more people don’t avoid the first four years of depreciation at least. This wacky market definitely confused some. If you want the new, good for you! I’m sure it’s sweet. Just understand the sticker price isn’t the whole story.

The stats should now be normalized for MSRP. Prices of C8’s were all over the place over the past 4 years with dealers setting prices.

As someone who's been looking to buy one and bring in to Switzerland, this makes me very happy because it may soon be lower than the import costs itself😂😂

I'm curious, where did you get the data for the charts you've shown in the video?

I have a C8 HTC, 3LT, great car, bought it when the C8s were relatively rare, but I told people just wait, just like every other generation of vette, chevy will produce a metric sh!tload of em, soon you'll see these everywhere, and yep, here we are.

I will never own a Corvette again. I hate being GMs R&D while they warranty everything to improve their product. Bean counters ruin everything at GM

Everytime I see a C8 I wonder if it was bought by someone recently a great deal or an early sucker that is getting wrecked by the market lol

Can’t wait for the C7 Z06 update!

Can’t wait for dealerships to discount the overpriced z06. You get a glorious engine but that’s about it. It looks almost identical to the base c8 for 40k more

I just hope there is a list of dealers somewhere that were marking up these cars at such an insane rate.

The math on this is a little skewed because the “sale prices” were massively inflated due to crazy demand .. but you look at an MSRP standpoint there is very little depreciation.. 2020 with 80k MSRP sell for about 70-73k

Great video. Could we do a deeper dive into trim levels? My understanding is that the majority of cars tanking C8 markets are 1LTs which makes sense. As they're the least desirable. Please please please! Part2! Lol

Interested in the market trends of dodge hellcat twins. I’m Considering buying one of the widebody trims.

I've seen ZO6 versions on Cargurus sitting for over two hundred days at slightly over $100,000.

Great video

I’m curious if prices will fall further now that it has been revealed GM is selling the driving data collected by their automobiles to Lexus/Nexus who is then selling it to auto insurers. Especially on a car like a Corvette. The price of unintended consequences GM.

AWD Hybrid Volvo S60 has 455 HP, 0-60 4 seconds, 70 MPG, AWD 40Mile EV range, Regen Built in. How is it depreciating??? Why???

I think the term depreciation is incorrect, prices are coming down to MSRP or slightly below. This is pretty normal for any car, it’s just that Corvettes were marked way above MSRP initially.

A brand new 2024 corvette specd out to how I like (2LT convertible) comes out to $77k. That’s not 2 bad. All the ones I’m seeing at the dealers are like $85k-99k. At this point it’s better to order online.

Your comment at 3:15 states reality. They may be falling, but they are still above MSRP

I bought a 2008 Z06 around 2019. It had 7,000 miles. $42,000 paid and $75,000 sticker. In 10 years, the C8 Stingray will be a 40,000 car, if they still sell gasoline then.

Would love a Canadian assessment. I say because where I live in Alberta, Canada, almost none of your cars depreciate at the magnitude you describe here. Sports cars and super cars cost more than most places and don't depreciate very little, likely because there aren't many of them around.

Can’t wait to buy a 2nd owner stingray for $40k in 2 years.

I don't think the bottom is in sight, because the bottom isn't in sight for the car market as a whole. People right now have less money to spend, most are upside down in their current loans, interest rates are still rising, inventory is stacking up, MSRPs are still absurdly high, and the cost of living is inflated. People don't have money for fancy cars, and those that do prefer European makes.

They have to produce a lot of cars because that’s what they do, a lot of R&D went into the car and they need to get their return on their investment. If General Motors cut out the dealerships, you could get a two LT for 67,000 all day long.

Tough to swallow, but luckily I paid invoice on my 2023 coupe. $5k under sticker :) gives me a good buffer

Seems like most all of em dropping like a rock . Cant believe the Ferrari Cali.T . Great cars but fall like a rock.im down at least 10% from purchase last year from what I see .

My from Northern Michigan in a smaller town there's only a handful of Corvettes around in various generations now that the C8s are out they are everywhere chevrolet flooded the market with them they are a great car they don't really look like a corvette they look like a exotic car my C7 is a nice car it doesn't look like a classic corvette either I only bought it for the improved interior and the manual transmission

How about Corvette C8 depretiation considering sticker price instead all time high? Could give me better comparison vs covid crazy prices

Everyone knew as soon as the original rush was over prices would stabilize. The folks that bought and paid stupid money to get a C8 no matter the cost, now that insane rush is over , those that paid too much are going to lose money as prices fall . It's just common economics. It happens EVERY new Corvette version. I have watched it with C4, C5, C6, C7 and now C8. Pay too much, lose your ass.

I’m guessing we will see a decrease in value when the ZR1 is released too

There’s too many on the market. Simple supply and demand.

I got my 23 c8 lt2 z51 coupe for for MSRP... Fun car while it's under warranty and than I'll probably sell it.

Im waiting for 2017-2019 SL63 prices to drop.. I dont fit in a corvette (too tall)... My neighbor has a 2023, I would probably buy one if I fit........ 911 prices are still stupid also..

The federal interest rate playing a huge part in depreciation

I wish you had a website with this data available!

I don’t know where you are but they are getting higher here in western Ky and at a higher demand than I ever seen, not sure where your getting the price drop info…

Oh c8 prices will go back up again especially if c9 corvette is not taken so highly and/or if people and the economy improve again . Demand for the car is high in general. The 70th Anniversary edition Stingray will maintain its original MSRP less milage. Roughly buyer enthusiasm and demographics considerations as well. The C8 Z06 70th Anniversary edition on the other hand will maintain 20-30 k above MSRP less milage on the lowest end of the market.

Could you do a video for the s-coupe market?

Someone paying $220k for a Z06 is crazy. Its signs of too much available credit. The credit crunch will kill the market.

Really? Because in 2024, I still see 2020 base model C8's still selling for more than what they said was going to be MSRP when they were new.

Fell the pain who overpaid for them

Its a win win for the less fortunate used market😂

Quality control issues across gm will stuff the price down even farther.

Can a car really “depreciate” to MSRP? Dealer near me still wants 40K over on Z06 and has five of them that customers didnt take delivery of.

I would personally take the last Dodge Viper over the C8

They decreased finally selling for MSRP way it should be. Lol!!

DON'T CARE.I got a 2023 HTZ/Z51 for MSRP and love it.

Is it really depreciation or are people FINALLY saying no to insane dealer markups?

I personally don’t like it… it’s over done!

So, maybe they will be MSRP soon? Maybe you will be able to walk onto a lot and actually buy one - 5 years later? Sounds awful

Targa Gts!!!! 991.1/2 or 992

My wife has a Wisconsin accent like yours.

hundreds of newly imported immigrants are being housed in unsold C8s in Boston

Every vehicle is plummeting

I only paid $79k well equipped 23’ so does not loom so bad

nah..i'll keep driving my Dodge viper..its way cooler

So instead of 61 for the base, it's 31???

I call bullshit. Local prices in the pacific northwest USA are around 85/90k . Local in other areas of the US are similar. This guy is a clown.

Here I am looking at a 2006 Lotus Elise with 35k miles for $46,000....

If this is true, Then show me all the titles in your name. Pound for pound c8's are the best car ever built in the U.S. ever. Per $$$$ This is coming from a Mopar person.

Would anyone buy a m2 over a c8 corvette? Serious question.

I’m okay with that.

Used prices are still 20K more than what I paid.

Yet we still have dealers marking up their cars SMH

Rivian R1S/R1T

Wtf are you talking about? Just checked Autotrader and the cheapest was 67k. 🤣

You should throw out the highest and lowest examples.

Just buy a Chevy Bolt!

More C8 Corvette hatred from this 'Fourwheel Trader' guy. What a hard on he has for the C8 Corvette phenomenon. He comes out with this initial statement of "Convertibles from 2021 lost for example more than $40,000 since their market top". YET of cause he declines to give an actual example of it. NO 2021 C8 Corvette, be that coupe or convertible has dropped $40,000 from its rrp dealer sale price. Even the overpriced 3LT trim C8's have not. Totally IGNORE this C8 Corvette hater Fourwheel trader guy, instead take a look at Cargurus at the used market dealer price of a 1LT trim C8 corvette. Out of 800+ such C8 Corvettes of all trims the vast majority are over $60,000. It is what that great performance car has always been, a $60k motor vehicle that holds its price up to 4 years later. Of cause the more expensive 2LT and 3LT trim versions are proportionally not valued so much these days. But they went against the core principal of what this car was all about. VFM. And they should have been avoided. Buy the higher trim versions SECOND HAND, when the over priced prices will correct and lower. NOT initially brand new. It hardly ever pays, other than perchance initially, when buyer madness may well ensue. The C8 Corvette is basically a VFM Supercar worth $100k upwards, to fortuitously for you all to initially be had for $60k. Valued at $60k then as it is how it is now, all this time later, even with 50k or so miles clocked up. Without doubt the 1LT trim C8 Corvette coupe, that was always THE one to go for, it DOES hold its price, it does hold its value. Cargurus shows this, take a look for yourselves. Of cause in instances some 3LT trim C8 Convertibles may well not, though of cause not to the extent of this $40k loss nonsense. 'Market top', it means NOTHING. Do not be so easily fooled folks. SHOW ME one actual example of a C8 Corvette that has lost $40k more than its recommended retail price. That was not a 3LT trim LOADED UP TO THE GILLS with all the egotistical, self value extras those with more money than sense acquired. Other than that possibility, it never happened. It does not exist. Just misinformation from this Fourwheel trader guy with his hard on hatred for the C8 Corvette. He knows nothing.

It will plummet more

👍👍👍👍👍😎😎😎😎😎

Overpriced from get go..I will get mine in future

Lies.

Hilarious. 😂

Lies

C8 looks too much like Italian cars. I would take a C7 over a C8. I drive R129's. a C124, and a C3 Vette.

I’d rather you talk the whole time than the overdub with the back and forth

lol corvette

Hm this video just focuses on what cars are worth now relative to what clowns paid during Covid? That’s lame. I can care less about that since depreciation was inevitable. I just care about dealer discounts off msrp.

Garbage cars

Hahaha…. My 2023 Porsche Spyder is GOING UP IN VALUE, and it’s a much better car on many levels. All so predictable that Americans drive cars will dive in value. Total scam from beginning.