Stay up to date by tracking the KBB.com Fair Purchase Price.
Login or create a new account to see your vehicle depreciation forecast data.
Year | Vehicle Depreciation* | Resale Value | Trade-In Value | ||
---|---|---|---|---|---|
2022 | $934 | $42,384 | $41,141 | ||
2023 | $1,854 | $40,530 | $39,295 | ||
2024 | $7,002 | $33,528 | $31,593 | ||
Now | $639 | $32,889 | $30,213 |
Unlock Forecast
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.
Already Own This Car?
Curb Weight | 3298 lbs. | ||
---|---|---|---|
Fuel Capacity | 18.5 gallons | ||
Front Head Room | 37.9 inches | ||
Front Leg Room | 43.0 inches | ||
Max Seating Capacity | 2 | ||
Overall Length | 176.9 inches | ||
Front Shoulder Room | 55.2 inches | ||
Trunk or Cargo Capacity | 15.0 cu.ft. | ||
Wheel Base | 106.7 inches | ||
Width with mirrors | 81.4 inches |
Alloy Wheels | Available | ||
---|---|---|---|
HID Headlights | Available | ||
Number of Doors | 2 doors | ||
Rear Spoiler | Available |
City | 16 mpg | ||
---|---|---|---|
Highway | 29 mpg | ||
Combined | 20 mpg |
Drivetrain | RWD | ||
---|---|---|---|
Transmission Type | Automatic | ||
8 speed | Available | ||
Recommended Fuel | Premium |
Horsepower | 455 @ 6000 RPM | ||
---|---|---|---|
Torque | 460 @ 4600 rpm | ||
Engine | V8, 6.2 Liter |
Basic | 3 years / 36000 miles | ||
---|---|---|---|
Powertrain | 5 years / 100000 miles | ||
Corrosion | 6 years / 100000 miles |
If you revel in the thought of attaining one of the most impressive performance machines on the planet and paying a paltry sum for the privilege, the 2016 Chevy Corvette coupe or convertible is the car for you. Given its stats, even the pricier Z06 remains a relative bargain.
About the only reason we can think not to like the Corvette may be its overly aggressive styling. Honestly, beyond its 2-person limit, the Corvette doesn’t have any real faults. At nearly 30-mpg highway, even the gas-guzzler argument falls by the wayside.
Used 2016 Chevrolet Corvette Stingray Coupe 2D | New 2025 Subaru BRZ | New 2024 Toyota GR86 | Used 2019 Nissan 370Z | ||
---|---|---|---|---|---|
Price | $38,401 | $35,880 | $35,815 | $35,119 | |
KBB.com Rating | 4.0 | 4.4 | 4.3 | 4.2 | |
Consumer Rating | 4.5 | 3.2 | 4.0 | 4.0 | |
Fuel Economy | City 16/Hwy 29/Comb 20 MPG | City 21/Hwy 30/Comb 25 MPG | City 20/Hwy 27/Comb 22 MPG | City 17/Hwy 26/Comb 20 MPG | |
Fuel Type | Gas | Gas | Gas | Gas | |
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 | N/A | $64,049 | N/A | |
Seating Capacity | 2 | 4 | 4 | 2 | |
Basic Warranty | 3 years or 36000 miles | 3 years or 36000 miles | 3 years or 36000 miles | 3 years or 36000 miles | |
Horsepower | 455 @ 6000 RPM | 228 @ 7000 RPM | 228 @ 7000 RPM | 350 @ 7400 RPM | |
Engine | V8, 6.2 Liter | 4-Cyl, 2.4 Liter | 4-Cyl, 2.4 Liter | V6, 3.7 Liter | |
Drivetrain | RWD | RWD | RWD | RWD |