Depreciation
The depreciation graph and accompanying table on our page detail how the 2019 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) 2019 CHEVROLET CORVETTE in 2019 was $82,165.
The average price for used 2019 CHEVROLET CORVETTE nowadays in 2024 is $59,000 which is 72% from the original price.
Estimated mileage driven per year is 2,009 miles.
The graph below is a depreciation curve for 2019 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 2019 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 | ||
|---|---|---|---|---|---|---|
| 2019 MSRP | 0 mi | $82,165 | — | — | 100% | 0% |
| 2019 | 2,009 mi | $86,950 | −$4,785 | −5.82% | 105.82% | -5.82% |
| 2020 | 4,018 mi | $85,532 | +$1,418 | +1.63% | 104.1% | -4.1% |
| 2021 | 6,027 mi | $79,900 | +$5,632 | +6.58% | 97.24% | 2.76% |
| 2022 | 8,036 mi | $75,000 | +$4,900 | +6.13% | 91.28% | 8.72% |
| 2023 | 10,045 mi | $72,997 | +$2,003 | +2.67% | 88.84% | 11.16% |
| 2024 | 12,054 mi | $59,000 | +$13,997 | +19.17% | 71.81% | 28.19% |
| 2025 | 14,063 mi | $57,995 | +$1,005 | +1.7% | 70.58% | 29.42% |
| 2026 | 16,072 mi | $54,995 | +$3,000 | +5.17% | 66.93% | 33.07% |
| 2027 | 18,081 mi | $50,998 | +$3,997 | +7.27% | 62.07% | 37.93% |
| 2028 | 20,090 mi | $46,169 | +$4,829 | +9.47% | 56.19% | 43.81% |
| 2029 | 22,099 mi | $42,995 | +$3,174 | +6.87% | 52.33% | 47.67% |
| 2030 | 24,108 mi | $40,990 | +$2,005 | +4.66% | 49.89% | 50.11% |
| 2031 | 26,117 mi | $38,206 | +$2,784 | +6.79% | 46.5% | 53.5% |
| 2032 | 28,126 mi | $35,999 | +$2,207 | +5.78% | 43.81% | 56.19% |
| 2033 | 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 2019 CHEVROLET CORVETTE. This data was calculated using sales records from BADVIN database.
The table below shows average price for used 2019 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 | $69,995 | 179 sales |
| 5,000 mi | $66,522 | 869 sales |
| 10,000 mi | $63,995 | 1,001 sales |
| 15,000 mi | $61,350 | 834 sales |
| 20,000 mi | $59,990 | 697 sales |
| 25,000 mi | $57,482 | 558 sales |
| 30,000 mi | $55,379 | 447 sales |
| 35,000 mi | $54,117 | 301 sales |
| 40,000 mi | $53,248 | 174 sales |
| 45,000 mi | $49,997 | 156 sales |
| 50,000 mi | $48,998 | 87 sales |
| 55,000 mi | $48,100 | 77 sales |
| 60,000 mi | $48,000 | 71 sales |
| 65,000 mi | $46,649 | 48 sales |
| 70,000 mi | $44,991 | 19 sales |
| 75,000 mi | $40,888 | 20 sales |
| 80,000 mi | $43,750 | 14 sales |
Frequently asked questions
The economic climate can significantly affect the depreciation of vehicles, with higher demand and better economic conditions typically slowing depreciation rates.
You can track the depreciation of your car by monitoring market trends, checking online valuation tools, and staying informed about new model releases.
Advanced safety features can influence the resale value and slow the depreciation of vehicles by making them more attractive to safety-conscious buyers.
Strategies to reduce the rate of depreciation include regular maintenance, keeping mileage low, avoiding significant modifications, and keeping up with all necessary repairs.
Aftermarket modifications can affect the depreciation of 2019 CHEVROLET CORVETTE either positively, by enhancing appeal to certain buyers, or negatively, by deterring those who prefer stock condition.
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.
The average depreciation rate for vehicles over five years can vary, but many models experience a significant portion of their depreciation within the first few years of ownership.
When buying a car, consider models with strong resale histories, opt for popular color and feature options, and evaluate current market trends for the best value retention.
Proper maintenance and good condition can slow the depreciation of a 2019 CHEVROLET CORVETTE by making it more attractive to potential buyers, thereby preserving more of its value.
The market value of a vehicle is calculated based on its historical depreciation trends, current condition, mileage, and market trends.
Other years of CHEVROLET CORVETTE
1999 CHEVROLET CORVETTE
$18,925 average used price
7,900+ sales records
2003 CHEVROLET CORVETTE
$23,995 average used price
16,800+ sales records
2011 CHEVROLET CORVETTE
$35,999 average used price
21,200+ sales records
2016 CHEVROLET CORVETTE
$50,998 average used price
71,200+ sales records
2018 CHEVROLET CORVETTE
$57,995 average used price
20,000+ sales records
2020 CHEVROLET CORVETTE
$72,997 average used price
35,000+ sales records
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2019 CHEVROLET CORVETTE on BADVIN
