2014 C7s are getting cheap
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    2014 C7s are getting cheap

    Not good for those who own one, but good for new buyers.

    Depreciation can be a real bear sometimes. But, for those of us in the market, itís a great thing. It means we can find dream cars for affordable prices sometimes. That is certainly becoming the case with the 2014 C7 Corvette Stingray as Jalopnik reports.

    Prices for the seventh generation of Chevroletís sports car have fallen under $40,000 in many cases with bearable mileage on them to boot.

    One listing has a 2014 C7 Corvette Stingray priced at $38,944, and another certified 2014 C7 Corvette Stingray at just $41,000. These arenít base models either. Theyíre higher trims with premium audio systems, fancier leather trimmings, navigation and more. Letís not forget, the 2014 C7 Corvette Stingray is still rocking the same 6.2-liter LT1 V8 engine, which produces a very healthy 460 hp and 460 lb-ft of torque.

    Now, potential buyers have a tough choice. Does a used C6 Corvette Z06 fit the bill? Or does springing for the C7 Corvette Stingray sound like a better choice? The market is now in your favor, Corvette dreamers.

    2014 C7 Corvette Stingrays Now Under $40,000 | GM Authority
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    This is not surprising given the deep discounts being offered on new Corvettes.
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    That is great news for future SRF members that decides to purchase a pre-owned C7 masterpiece, but our C7 masterpiece is priceless!!

    SF
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    "Now, potential buyers have a tough choice. Does a used C6 Corvette Z06 fit the bill? Or does springing for the C7 Corvette Stingray sound like a better choice?"

    Or how much will I get for my 14 when it gets traded for a C8?

    Good info meyerweb.
    Last edited by Boomer; 12-17-2016 at 05:52 AM.
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    Quote Originally Posted by Boomer View Post
    Or how much will I get for my 14 when it gets traded for a C8?
    I was thinking about it the opposite way. How cheap will I be able to get a C8 for when I'm finally ready to give up on my C7?
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    After having Caroline for six months, if I had sold her for market value, I would have lost about $40,000 from what I had spent on her.

    I'm not even going to look now after an extra 4 months (10 months total).

    Where is that thread about "What are you going to buy for your car for Christmas?" I need to buy her a gift, and get deeper down in that hole.

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    Quote Originally Posted by meyerweb View Post
    I was thinking about it the opposite way. How cheap will I be able to get a C8 for when I'm finally ready to give up on my C7?
    Nah. I'm looking for a furor for the C8 similar to what there was for the C7.

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    Quote Originally Posted by rdslon01 View Post
    After having Caroline for six months, if I had sold her for market value, I would have lost about $40,000 from what I had spent on her.

    I'm not even going to look now after an extra 4 months (10 months total).
    Yea. Its worth it. Your ROI would not have been much worse if you had gone to the "Mobius and Boomer Wealth Management LLC".
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    Quote Originally Posted by Boomer View Post
    Nah. I'm looking for a furor for the C8 similar to what there was for the C7.
    Sure, but by the 4th year of production first and second year models should come down a lot..
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    Senior Member Boomer's Avatar
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    Quote Originally Posted by meyerweb View Post
    Sure, but by the 4th year of production first and second year models should come down a lot..
    Don't think I will be able to wait but like the C7 I will let some time pass till there are plenty in the hands of real consumers and the trade journals and other professionals have had their chance to do reviews.

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    The price we pay for wanting one, optioned just the way we want it, early on in the C7 production.
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    Coming from the owner of a nice 2016 Z51, I have to say the nice thing about selecting a C6 Z06 over a C7 is that the C6 Z06 LS7 has some pretty trick parts like titanium connecting rods and sodium filled valves which are normally only found on only high-revving racing applications. Plus the wide body C6 Z06 sits pretty nice as well.

    For the same price, I'd be pretty tempted to buy a nice low mileage C6 Z06 over a C7. Will I trade my C7 for one now? Probably not.
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    I'd be interested to know how many 2nd or 3rd Vette buyers go used versus new.
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    Just keep the one you have. Mine's paid off, so at this point, I will keep it for a long time or decide a year or two after the c8 comes out. Just let your 2014 age gracefully

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    I've had two first MY Vettes, and I don't regret either one.

    Did I pay a bit more than if I had waited for a year or two? Not on my '05, and maybe, for my '14 (but they gave me way more than my '09 was worth, so smoke and mirrors). I tend to keep cars for a long time, and I loved having one early when there were no others around. Watching someone walk into a tree, looking over his shoulder at it, was worth any perceived extra cost because I didn't wait till they were deep discounted.

    Being able to drive a car for ten years before the new model came out, and still have people think it was brand new was just icing on the cake!
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