Depreciation
The depreciation graph and accompanying table on our page detail how the 1968 CHEVROLET CORVETTE's price has changed annually.
For instance, while the car initially depreciated slightly in its first year, subsequent years show a significant decrease, reflecting market trends and vehicle condition over time.
Such precise data is crucial for understanding how age and market dynamics impact car values.
The average price for new (MSRP) 1968 CHEVROLET CORVETTE in 1968 was $82,165.
The average price for used 1968 CHEVROLET CORVETTE nowadays in 2024 is $55,475 which is 68% from the original price.
Estimated mileage driven per year is 2,009 miles.
The graph below is a depreciation curve for 1968 CHEVROLET CORVETTE. It shows how much this model looses per year in price. This analytics is calculated using sales records from BADVIN database.
The table below shows average price for used 1968 CHEVROLET CORVETTE in each year since the year of manufacturing, current year price and projected price in the future years.
You can scroll the table horizontally to see all columns.
| Year | Average Mileage | Average Price | % Left | % Lost | ||
|---|---|---|---|---|---|---|
| 1968 MSRP | 0 mi | $82,165 | — | — | 100% | 0% |
| 1968 | 2,009 mi | $86,950 | −$4,785 | −5.82% | 105.82% | -5.82% |
| 1969 | 4,018 mi | $85,532 | +$1,418 | +1.63% | 104.1% | -4.1% |
| 1970 | 6,027 mi | $79,900 | +$5,632 | +6.58% | 97.24% | 2.76% |
| 1971 | 8,036 mi | $75,000 | +$4,900 | +6.13% | 91.28% | 8.72% |
| 1972 | 10,045 mi | $72,997 | +$2,003 | +2.67% | 88.84% | 11.16% |
| 1973 | 12,054 mi | $59,000 | +$13,997 | +19.17% | 71.81% | 28.19% |
| 1974 | 14,063 mi | $57,995 | +$1,005 | +1.7% | 70.58% | 29.42% |
| 1975 | 16,072 mi | $54,995 | +$3,000 | +5.17% | 66.93% | 33.07% |
| 1976 | 18,081 mi | $50,998 | +$3,997 | +7.27% | 62.07% | 37.93% |
| 1977 | 20,090 mi | $46,169 | +$4,829 | +9.47% | 56.19% | 43.81% |
| 1978 | 22,099 mi | $42,995 | +$3,174 | +6.87% | 52.33% | 47.67% |
| 1979 | 24,108 mi | $40,990 | +$2,005 | +4.66% | 49.89% | 50.11% |
| 1980 | 26,117 mi | $38,206 | +$2,784 | +6.79% | 46.5% | 53.5% |
| 1981 | 28,126 mi | $35,999 | +$2,207 | +5.78% | 43.81% | 56.19% |
| 1982 | 30,135 mi | $35,995 | +$4 | +0.01% | 43.81% | 56.19% |
Price vs Mileage
Our comprehensive analysis does not stop at depreciation; it also covers how mileage affects the CHEVROLET CORVETTE’s price.
With data showing detailed price points at various mileage milestones, this section helps in identifying trends and making informed decisions.
For instance, price drops at higher mileages compared to lower mileages provides insights into potential maintenance or value thresholds.
This block is particularly useful for buyers and sellers aiming to gauge the best value proposition based on vehicle mileage.
The graph below shows how mileage affects the price for 1968 CHEVROLET CORVETTE. This data was calculated using sales records from BADVIN database.
The table below shows average price for used 1968 CHEVROLET CORVETTE by mileage and number of sales.
You can scroll the table horizontally to see all columns.
| Mileage | Average Price | Sample Size |
|---|---|---|
| 0 mi | $64,500 | 43 sales |
| 5,000 mi | $39,995 | 61 sales |
| 10,000 mi | $34,995 | 44 sales |
| 15,000 mi | $50,750 | 36 sales |
| 20,000 mi | $46,000 | 43 sales |
| 25,000 mi | $32,950 | 83 sales |
| 30,000 mi | $51,995 | 56 sales |
| 35,000 mi | $41,215 | 50 sales |
| 40,000 mi | $43,900 | 76 sales |
| 45,000 mi | $49,200 | 62 sales |
| 50,000 mi | $104,989 | 142 sales |
| 55,000 mi | $47,995 | 156 sales |
| 60,000 mi | $46,500 | 113 sales |
| 65,000 mi | $49,450 | 164 sales |
| 70,000 mi | $79,983 | 103 sales |
| 75,000 mi | $29,500 | 37 sales |
| 80,000 mi | $39,900 | 105 sales |
| 85,000 mi | $36,995 | 108 sales |
| 90,000 mi | $38,500 | 115 sales |
| 95,000 mi | $67,520 | 45 sales |
| 100,000 mi | $34,772 | 25 sales |
| 105,000 mi | $38,200 | 12 sales |
| 125,000 mi | $65,950 | 10 sales |
| 1,000,000 mi | $34,500 | 10 sales |
Frequently asked questions
High mileage typically accelerates the depreciation of a vehicle, as it may indicate increased wear and tear and potential future repairs.
Advanced safety features can influence the resale value and slow the depreciation of vehicles by making them more attractive to safety-conscious buyers.
Some models may depreciate faster due to factors like lower demand, higher maintenance costs, or outdated technology compared to newer versions.
A CPO vehicle offers the reliability of a new car at a lower price, backed by a comprehensive warranty, making it a great option for those seeking value and peace of mind.
The exterior and interior condition of vehicles significantly affects their depreciation, as well-maintained vehicles generally retain more value.
To minimize depreciation costs, consider purchasing a model known for retaining its value or opting for a slightly used vehicle that has already undergone initial depreciation.
Proper maintenance and good condition can slow the depreciation of a 1968 CHEVROLET CORVETTE by making it more attractive to potential buyers, thereby preserving more of its value.
The economic climate can significantly affect the depreciation of vehicles, with higher demand and better economic conditions typically slowing depreciation rates.
Buying a used car can be a great value, especially if the vehicle is part of a Certified Pre-Owned program and has been well-maintained and lightly used.
You can track the depreciation of your car by monitoring market trends, checking online valuation tools, and staying informed about new model releases.
Other years of CHEVROLET CORVETTE
2002 CHEVROLET CORVETTE
$21,742 average used price
14,000+ sales records
2003 CHEVROLET CORVETTE
$23,995 average used price
16,800+ sales records
2010 CHEVROLET CORVETTE
$35,995 average used price
17,800+ sales records
2013 CHEVROLET CORVETTE
$40,990 average used price
24,300+ sales records
2014 CHEVROLET CORVETTE
$42,995 average used price
55,400+ sales records
2021 CHEVROLET CORVETTE
$75,000 average used price
27,500+ sales records
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1968 CHEVROLET CORVETTE on BADVIN
