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Year | Vehicle Depreciation* | Resale Value | Trade-In Value | ||
---|---|---|---|---|---|
2022 | + $2,132 | $71,033 | $68,652 | ||
2023 | $7,100 | $63,933 | $61,360 | ||
2024 | $6,291 | $57,642 | $55,196 | ||
Now | $2,467 | $55,175 | $53,127 |
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2-Year Forecasted Depreciation
*Depreciation for the last 12 months of the private party resale value.
Annual Depreciation is an estimation of what your vehicle's value might be over time based on an average of similar vehicles. Estimations are calculated by comparing Kelley Blue Book Private Party Values of vehicles similar to yours over time, as well as forecasts from Manheim Auction data comparing current and projected auction values against current Kelley Blue Book Private Party and Trade-In Values. This is not a guarantee of actual depreciation. Local weather conditions, market factors and driver performance will also impact your vehicle's actual depreciation.
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Curb Weight | 3524 lbs. | ||
---|---|---|---|
Fuel Capacity | 18.5 gallons | ||
Front Head Room | 37.9 inches | ||
Front Leg Room | 43.0 inches | ||
Max Seating Capacity | 2 | ||
Overall Length | 177.9 inches | ||
Front Shoulder Room | 55.2 inches | ||
Trunk or Cargo Capacity | 15.0 cu.ft. | ||
Wheel Base | 106.7 inches |
Alloy Wheels | Available | ||
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HID Headlights | Available | ||
Number of Doors | 2 doors | ||
Rear Spoiler | Available |
City | 13 mpg | ||
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Highway | 23 mpg | ||
Combined | 16 mpg |
Drivetrain | RWD | ||
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Transmission Type | Automatic | ||
8 speed | Available | ||
Recommended Fuel | Premium | ||
Limited Slip Differential | Available |
Horsepower | 650 @ 6400 RPM | ||
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Torque | 650 @ 3600 rpm | ||
Engine | V8, Supercharged, 6.2 Liter |
Basic | 3 years / 36000 miles | ||
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Powertrain | 5 years / 60000 miles | ||
Corrosion | 6 years / 100000 miles |
If you’re looking for bang for your buck, it’s hard to beat the V8-powered Chevy Corvette, which represents an incredible performance value. The new Corvette offers the style, performance and refinement of a world-class sports car, but it costs much less than its competitors from Germany, Japan and Italy.
Although the Chevy Corvette offers class-leading cargo space, it seats only two. If you need a back seat, check out the 707-horsepower Dodge Challenger Hellcat, the ageless Porsche 911 and the Nissan GT-R. The Porsche and the Nissan also offer all-wheel drive, which is not available on the Corvette.
Used 2018 Chevrolet Corvette Z06 Coupe 2D | New 2025 Chevrolet Corvette | Used 2018 Lexus LC | Used 2018 Lotus Evora 400 | ||
---|---|---|---|---|---|
Price | $61,622 | $70,195 | $65,227 | $74,301 | |
KBB.com Rating | 3.9 | 4.7 | N/A | N/A | |
Consumer Rating | 4.5 | 3.8 | 4.9 | 4.7 | |
Fuel Economy | City 13/Hwy 23/Comb 16 MPG | City 16/Hwy 25/Comb 19 MPG | City 16/Hwy 26/Comb 19 MPG | City 16/Hwy 24/Comb 19 MPG | |
Fuel Type | Gas | Gas | N/A | N/A | |
5 Year Cost To Own 5-Year Cost to Own includes out of pocket expenses like fuel and insurance, plus the car’s loss in value over time (depreciation). | N/A | $92,073 | N/A | N/A | |
Seating Capacity | 2 | 2 | 4 | 4 | |
Basic Warranty | 3 years or 36000 miles | 3 years or 36000 miles | 4 years or 50000 miles | 3 years or 36000 miles | |
Horsepower | 650 @ 6400 RPM | 490 @ 6450 RPM | 471 @ 7100 RPM | 400 @ 7000 RPM | |
Engine | V8, Supercharged, 6.2 Liter | V8, 6.2 Liter | V8, 5.0 Liter | V6, Supercharged, 3.5 Liter | |
Drivetrain | RWD | RWD | RWD | RWD |