Chevrolet Corvette Depreciation
Chevrolet Corvette Depreciation Rate
5 Year Depreciation Rate
A 2020 Chevrolet Corvette has a forecasted 5 year depreciation rate of 41%.
In 5 years its value is expected to decrease approximately $25,686 from its new price of around $62,650 down to $36,964.
| Make / Model | Initial MSRP | Forecasted Depreciation Rate | Forecasted Value Change In 5 Years | Residual Value In 5 Years |
|---|---|---|---|---|
| Chevrolet Corvette | $62,650 | 41% | $25,686 | $36,964 |
Chevrolet Corvette Depreciation Curve
Current Retained Value Percentage VS. Model Year
Gaps in data could indicate no model released for that year.Check Out Our Car Depreciation Calculator!
Get a custom depreciation graph of a Chevrolet Corvette based on model year and mileage driven!
The American average is 12,000 miles driven per year.
Chevrolet Corvette Historical Depreciation Table
Below is a historical table for the Chevrolet Corvette that displays year by year depreciation data.
| Model Year | Price When New | (%) Current Depreciation | ($) Current Depreciation | Current Residual Value |
|---|---|---|---|---|
| 2020 | $62,650 | 16% | $10,255 | $52,395 |
| 2019 | $80,900 | 30% | $24,120 | $56,780 |
| 2018 | $65,695 | 36% | $23,685 | $42,010 |
| 2017 | $66,450 | 28% | $18,436 | $48,014 |
| 2016 | $63,067 | 33% | $20,875 | $42,192 |
| 2015 | $64,000 | 41% | $26,475 | $37,525 |
| 2014 | $57,500 | 43% | $24,702 | $32,798 |
| 2013 | $64,874 | 48% | $31,267 | $33,607 |
| 2012 | $63,295 | 56% | $35,495 | $27,800 |
| 2011 | $62,497 | 57% | $35,882 | $26,615 |
| 2010 | $61,907 | 60% | $37,214 | $24,693 |
| 2009 | $64,373 | 63% | $40,296 | $24,077 |
| 2008 | $54,575 | 71% | $38,625 | $15,950 |
| 2007 | $52,590 | 71% | $37,415 | $15,175 |
| 2006 | $53,323 | 70% | $37,248 | $16,075 |
| 2005 | $47,578 | 73% | $34,653 | $12,925 |
| 2004 | $50,835 | 76% | $38,860 | $11,975 |
| 2003 | $50,535 | 78% | $39,235 | $11,300 |
| 2002 | $49,318 | 77% | $37,918 | $11,400 |
| 2001 | $47,430 | 77% | $36,455 | $10,975 |
| 2000 | $38,992 | 62% | $23,992 | $15,000 |
| 1999 | $38,570 | 62% | $23,895 | $14,675 |
| 1998 | $41,210 | 63% | $25,835 | $15,375 |
| 1997 | $37,495 | 63% | $23,695 | $13,800 |
| 1996 | $41,142 | 64% | $26,392 | $14,750 |
| 1995 | $40,225 | 64% | $25,650 | $14,575 |
| 1994 | $39,672 | 64% | $25,222 | $14,450 |
| 1993 | $37,895 | 62% | $23,595 | $14,300 |
| 1992 | $36,890 | 62% | $22,765 | $14,125 |
| 1991 | $35,612 | 61% | $21,562 | $14,050 |
| 1990 | $34,622 | 59% | $20,522 | $14,100 |
| 1989 | $36,785 | 58% | $21,385 | $15,400 |
2020 Chevrolet Corvette C8 Stingray
| Source
Forecasted "5 Year Depreciation" Of A 2020 Chevrolet Corvette Vs. Comparables
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