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.