Chevrolet Corvette Depreciation: A Multi-Source Analysis

The Chevrolet Corvette, a vehicle model in production since 1953, has been noted for its performance and design. The C8-generation Corvette, launched in 2020, integrates new technology and a mid-engine configuration. Despite its market position, the Corvette's value is subject to depreciation.

Various data sources provide differing estimates for the Chevrolet Corvette's depreciation over a five-year period.

CarEdge: Significant Depreciation for Stingray Models

CarEdge data indicates that a new Corvette Stingray may depreciate by up to 44% of its original value after five years of typical ownership. This estimate is based on an assumed selling price of $82,220 for a new model and an average annual mileage of approximately 13,500 miles.

iSeeCars: Moderate Depreciation Across Body Styles

Conversely, iSeeCars' estimates suggest more moderate depreciation rates.
A traditional gasoline-powered Corvette coupe is projected to depreciate by approximately 26% over five years, while a hybrid coupe is estimated to lose around 28% of its value within the same timeframe.

For convertible models, iSeeCars data indicates that hybrid convertibles may depreciate by 36% and non-hybrid convertibles by 33% over five years.

Kelley Blue Book: Lower Depreciation for Specific Models

Kelley Blue Book (KBB) analysis regarding the 2021 Chevy Corvette reported a resale value of $53,600 as of January 2026. Considering the model's base price of $60,995, this represents a 12% depreciation for the 2021 Corvette over five years.