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Year | Vehicle Depreciation* | Resale Value | Trade-In Value | ||
---|---|---|---|---|---|
2022 | $2,277 | $61,078 | $60,177 | ||
2023 | $4,932 | $56,146 | $54,377 | ||
2024 | $122 | $56,024 | $55,008 | ||
Now | $3,476 | $52,548 | $51,402 |
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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, Sprchrgd, 6.2L |
Basic | 3 years / 36000 miles | ||
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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 Z06 Coupe 2D | New 2024 Audi A5 | New 2025 Toyota GR Supra | Used 2020 Audi TT | ||
---|---|---|---|---|---|
Price | $60,008 | $57,745 | $57,345 | $56,705 | |
KBB.com Rating | 4.0 | 4.3 | 4.4 | 4.3 | |
Consumer Rating | 4.5 | 4.1 | 3.2 | 4.9 | |
Fuel Economy | City 13/Hwy 23/Comb 16 MPG | City 24/Hwy 32/Comb 27 MPG | City 23/Hwy 31/Comb 26 MPG | City 19/Hwy 29/Comb 23 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 | $80,930 | N/A | N/A | |
Seating Capacity | 2 | 4 | 2 | 4 | |
Basic Warranty | 3 years or 36000 miles | 4 years or 50000 miles | 3 years or 36000 miles | 4 years or 50000 miles | |
Horsepower | 650 @ 6400 RPM | 261 @ 5000 RPM | 382 @ 5800 RPM | 394 HP | |
Engine | V8, Sprchrgd, 6.2L | 4-Cyl, Turbo, 2.0 Liter | 6-Cyl, Turbo, 3.0 Liter | 5-Cyl, Turbo, 2.5 Liter | |
Drivetrain | RWD | AWD | RWD | AWD |