Will a corvettes cost of purchase decrease or increase in 5 years?

I want tο bυу a used 2002 corvette Z06 five years frοm now wһеח I һаνе enough money. Tһеу cost аbουt 23000 rіɡһt now, wіƖƖ tһаt price ɡο up οr down οח tһе appreciation/depreciation οf tһе corvette? Wһаt wουƖԁ іt cost tһеח іח tһе same condition wіtһ maybe a couple more thousand miles οח іt?

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3 Responses to “Will a corvettes cost of purchase decrease or increase in 5 years?”

Vipassana:

May 31, 2010 at 8:06 am

Depends on condition, really.

if it looks like it’s 5 years older, price will go down, but only a little.

If it’s kept in great shape, like many Corvette owners keep their cars, it will retain it’s value, or even gain some slightly.
Clark L:

May 31, 2010 at 8:49 am

decrease, period.early vettes are at a premium right now, Late seventies early eighties,ninties are cheap . your vette will continue to drop in value. for ten years or more before you see a increase. . I sit through a lot of car auctions. And have a pretty good idea,What I’m talking about.
Sophie B:

May 31, 2010 at 9:19 am

Old car prices are fickle, sometimes everyone loses interest, and the bottom falls out.. remember that the reason rare cars are “rare”, is either because they had serious problems, and fell apart, or because nobody bought (liked) them when they were new…..

Will a corvettes cost of purchase decrease or increase in 5 years?

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3 Responses to “Will a corvettes cost of purchase decrease or increase in 5 years?”

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