According to the National Automotive Dealer’s Association, ALG and the The Fast Lane Car, the C7 Corvette Stingray has retained its value better than any other vehicle for the 2014 model year. This is an especially notable feat for a sports car like the Corvette, as normally performance cars and other niche products find less demand in the second-hand market than mainstream SUVs and compact cars do.
The C7 Corvette 1LT Coupe with an automatic transmission has retained 84.7% of its original value through to the end of 2014. This beats out the 2014 Subaru Forester Premium (81.8%), 2014 Toyota Highlander LE (78.8%), 2014 Toyota 4Runner SR5, 2014 Nissan Rogue S AWD (71.1%).
“In our latest December report, called Perspective, the analyst team determined some really interesting things. For instance, of all the 2014 model year cars sold last year, which received either a significant redesign or were all-new, the Corvette Stingray held its value best, retaining 84.7% of its original MSRP,” NADA said in a prepared statement.
The C7 Corvette Stingray has been “wildly popular,” according to NADA, which may be one contributing factor to its high residual value. The C7 generation of the car has so far retained 10.7 percent more of its value than the C6 Corvette did, and has a 14.7% lead in residual value over the next car in NADA’s Upper Sport car ranking.
Read NADA’s full ‘Perspective’ residual value report at this link.
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