Depreciation
The depreciation graph and accompanying table on our page detail how the 2014 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) 2014 CHEVROLET CORVETTE in 2014 was $82,165.
The average price for used 2014 CHEVROLET CORVETTE nowadays in 2024 is $42,995 which is 52% from the original price.
Estimated mileage driven per year is 2,009 miles.
The graph below is a depreciation curve for 2014 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 2014 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 | ||
|---|---|---|---|---|---|---|
| 2014 MSRP | 0 mi | $82,165 | — | — | 100% | 0% |
| 2014 | 2,009 mi | $86,950 | −$4,785 | −5.82% | 105.82% | -5.82% |
| 2015 | 4,018 mi | $85,532 | +$1,418 | +1.63% | 104.1% | -4.1% |
| 2016 | 6,027 mi | $79,900 | +$5,632 | +6.58% | 97.24% | 2.76% |
| 2017 | 8,036 mi | $75,000 | +$4,900 | +6.13% | 91.28% | 8.72% |
| 2018 | 10,045 mi | $72,997 | +$2,003 | +2.67% | 88.84% | 11.16% |
| 2019 | 12,054 mi | $59,000 | +$13,997 | +19.17% | 71.81% | 28.19% |
| 2020 | 14,063 mi | $57,995 | +$1,005 | +1.7% | 70.58% | 29.42% |
| 2021 | 16,072 mi | $54,995 | +$3,000 | +5.17% | 66.93% | 33.07% |
| 2022 | 18,081 mi | $50,998 | +$3,997 | +7.27% | 62.07% | 37.93% |
| 2023 | 20,090 mi | $46,169 | +$4,829 | +9.47% | 56.19% | 43.81% |
| 2024 | 22,099 mi | $42,995 | +$3,174 | +6.87% | 52.33% | 47.67% |
| 2025 | 24,108 mi | $40,990 | +$2,005 | +4.66% | 49.89% | 50.11% |
| 2026 | 26,117 mi | $38,206 | +$2,784 | +6.79% | 46.5% | 53.5% |
| 2027 | 28,126 mi | $35,999 | +$2,207 | +5.78% | 43.81% | 56.19% |
| 2028 | 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 2014 CHEVROLET CORVETTE. This data was calculated using sales records from BADVIN database.
The table below shows average price for used 2014 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 | $53,487 | 45 sales |
| 5,000 mi | $50,000 | 222 sales |
| 10,000 mi | $49,900 | 400 sales |
| 15,000 mi | $47,991 | 524 sales |
| 20,000 mi | $46,571 | 645 sales |
| 25,000 mi | $45,461 | 629 sales |
| 30,000 mi | $44,899 | 632 sales |
| 35,000 mi | $43,444 | 517 sales |
| 40,000 mi | $43,493 | 390 sales |
| 45,000 mi | $41,995 | 419 sales |
| 50,000 mi | $41,965 | 368 sales |
| 55,000 mi | $40,000 | 235 sales |
| 60,000 mi | $38,998 | 240 sales |
| 65,000 mi | $39,000 | 220 sales |
| 70,000 mi | $37,874 | 124 sales |
| 75,000 mi | $37,000 | 153 sales |
| 80,000 mi | $35,900 | 93 sales |
| 85,000 mi | $35,900 | 75 sales |
| 90,000 mi | $34,999 | 49 sales |
| 95,000 mi | $34,395 | 41 sales |
| 100,000 mi | $32,998 | 23 sales |
| 105,000 mi | $33,145 | 28 sales |
| 110,000 mi | $31,991 | 15 sales |
| 115,000 mi | $32,997 | 11 sales |
| 125,000 mi | $33,732 | 11 sales |
Frequently asked questions
Factors to consider when estimating the future resale value include the car's historical depreciation rate, current market trends, overall vehicle condition, and mileage.
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.
Yes, the choice of vehicle color can impact the depreciation rate, with neutral colors typically being easier to sell and potentially holding their value better than more unconventional colors.
The expected depreciation of a vehicle after three years can vary, but generally, cars lose a significant portion of their value within the first few years.
New vehicles often depreciate quickly due to rapid advancements in technology and consumer preference for the latest features, which make older models less desirable.
Aftermarket modifications can affect the depreciation of 2014 CHEVROLET CORVETTE either positively, by enhancing appeal to certain buyers, or negatively, by deterring those who prefer stock condition.
The market value of a vehicle is calculated based on its historical depreciation trends, current condition, mileage, and market trends.
High mileage typically accelerates the depreciation of a vehicle, as it may indicate increased wear and tear and potential future repairs.
To maximize value, consider buying a vehicle that is a few years old, as it has already undergone significant depreciation but likely remains reliable.
Some models may depreciate faster due to factors like lower demand, higher maintenance costs, or outdated technology compared to newer versions.
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
2008 CHEVROLET CORVETTE
$29,995 average used price
22,600+ sales records
2013 CHEVROLET CORVETTE
$40,990 average used price
24,300+ sales records
2016 CHEVROLET CORVETTE
$50,998 average used price
71,200+ sales records
2024 CHEVROLET CORVETTE
$86,950 average used price
4,500+ sales records
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2014 CHEVROLET CORVETTE on BADVIN
