Chevrolet Corvette depreciation: when to buy & cost to own
Estimates as of June 2026.
The Chevrolet Corvette (Sports, ~$70,000 new) loses about 31% of its value in five years — it holds value better than the 41.8% market average. Buying at 3 years old and holding five costs about $2,328/yr in depreciation versus $4,340/yr buying new — you keep 46.4% more of your money.
Value by age
| Age | Est. value | Total lost |
|---|---|---|
| New | $70,000 | 0% |
| 1 yr | $60,995 | 12.9% |
| 2 yr | $56,848 | 18.8% |
| 3 yr | $53,586 | 23.4% |
| 5 yr | $48,300 | 31% |
| 7 yr | $43,919 | 37.3% |
| 10 yr | $38,306 | 45.3% |
What will it cost you to own?
Buy price (est.)
$53,586
Resale (est.)
$41,945
Total depreciation
$11,641
Cost per year
$2,328
vs. buying new
$4,340/yr
Depreciation only — older cars cost more to maintain, so the practical sweet spot is ~3–5 years old. Figures are modeled estimates that vary by trim, condition, and market. How we estimate this →