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2021 Corvette Boasts Best Resale Of Any Sports Car, According To Kelley Blue Book

The 2021 Corvette Stingray has the best resale value of any sports car, according to the experts over at Kelley Blue Book.

KBB recently published the results of its 2021 Best Resale Value Awards, which recognize vehicles that are projected to retain the highest percentage of their original value through the initial five-year ownership period. The publication’s team of automotive analysts use a statistical model based on millions of different vehicle transactions to help accurately predict which vehicles will earn the highest five-year residual values, awarding the best performing vehicle in each segment with a Best Resale Value Award.

The 2021 Corvette is projected to have the strongest residual value of any other vehicle in the Sports Car category, with KBB predicting the mid-engine Chevy will retain 49.5 percent of its value after 60 months (five years) of ownership. KBB says the vehicle’s impressive performance and sub-$60,000 base price both contribute to its high projected resale value.

Here’s what else KBB had to say about the Corvette’s residual value:

“What’s behind this success? Well, the C8 Corvette is a great-looking car with a fantastic lineage dating back to 1953. What’s more, with a Manufacturer’s Suggested Retail Price (MSRP) still less than $60,000, the 2021 Chevrolet Corvette represents one of the best values in today’s market. With its 490-horsepower pushrod V8 engine, it offers true supercar performance at a price that’s less than half of what you might pay for a Porsche 911.”

Prices for the 2021 Corvette start at $60,995 for the 1LT trim level, after receiving a $1,000 MSRP increase earlier this week. The standard 6.2L LT2 V8 is rated at 490 horsepower and 465 pound-feet of torque and pairs with an eight-speed dual-clutch automatic transmission and rear-wheel drive. This setup can propel the sports car from 0 to 60 mph in around three seconds and will carry it to a top speed of 194 mph. Production takes place at the GM Bowling Green Assembly plant in Kentucky.

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Sam loves to write and has a passion for auto racing, karting and performance driving of all types.

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Comments

  1. Right now they are selling at 30% more than owners paid for. I intend on keeping mine , if I ever get it, at least 6 years but maybe even ten years because I don t use my cars in the winter. With Z s and electric Vettes coming out soon , I bet these Vettes will sell for more than 50% of their value after 5 years.

    Reply
    1. Sad to say, the resale value five years from now is really anyone’s guess.
      I was there when the ‘56 buried the ‘53 – ‘54s (underpowered) and ‘55s (old looking).
      When the ‘63 Split Window blew the ‘62s out of the water, and when, starting in ‘64, guys were chopping out the split windows.
      When the ‘68 finally replaced the ‘63 – ‘67 style … and when the ‘68’s cramped interior and poor build quality became known, and the ‘67 came back as the one to own, and the ‘63 Split Windows became collectible….
      When the ‘82s looked like antiques next to the new Camaros on the showroom floor….
      I could go on, but you see the point.
      There will (probably) always be a market for a Corvette.
      The market value will change with the times.
      I still loved my ‘69 … it said “Stingray” on the sides and “427” on the hood … even when, many years later, there were “better” cars on the road.
      And I still loved my ‘14, even when my friend’s 4 door Tesla was even quicker.
      There will (probably ) be people who will continue to love their C8s when the next generation with AWD and 1000 or more HP hits the showrooms.
      But don’t be surprised if, when gasoline becomes $25 or $50 a gallon, if available at all, the bottom drops out of the internal combustion market.
      And Corvettes, like horse drawn buggies, become lawn art.

      Reply
      1. The point of your long winded story is unless you want $25 or $50 fuel you should not vote for whacko pinko liberals.

        Reply
        1. Budlar
          Thank you.
          The art of compression has always eluded me.
          As tact has apparently eluded you.
          I believe Wayne Middleton has the more reasoned and reasonable response, and, in the interest of brevity, I won’t recount the amusing story of the WWII American sniper who didn’t shoot the exposed German soldier.
          Be well.

          Reply
      2. Gas is dead. Oil is history , except for plastics. Most car companies are going electric within ten years. Batteries are recyclable and fast charge , five minutes is on the way. Some countries , like Japan are going , hydrogen. If we were intelligent , we would be recycling our plastics and oil would be worthless . But oil companies don t want us to recycle our plastics because that is about all that s left for them. So if we think environment , first , we will pay 10 cents a gallon. Also , oil does not come from dinosaurs. It comes from molted coal. Right now wall street is screwing us over, little brown envelopes , by over evaluating the price of oil. Some much reserves , they do not know what to do with it.

        Reply
  2. No! what would happen to “i’ll wait two years & buy for the quarter of that price” people?

    Reply
    1. Slider,
      PLEASE let me know where I can get some of those obsolete, two year old, 2019 Corvettes for $15,000 each.
      I’ll take a coupe and a convertible in black, a coupe in white, and a convertible in each shade of red. And a coupe in dark blue.
      Thanks.

      Reply
      1. I will take six of them.

        Reply
  3. Best resale on how many cars, poor production, unavailability, and parts shortages, great you can have them.

    Reply
  4. Well all I can say is there is NO re sale value when you can’t even get a delivery and maybe not even what you ordered. GM should focus on the USA and forget other countries until they can produce the Vettes for orders like mine.

    Reply
  5. resale value of anything that does not get at least 30mpg will be in the toilet if fuel prices are high

    Reply

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