T or F ---- with the introduction of the new 2020 mid-engine Corvette prices on used front engine Corvettes will likely crash and bottom out?

Question

Dealer in my area already has newer Corvette owners wanting to trade their front engine cars for the 2020 model.

Answer 1

Favorite Answer

Yes, prices of USED Corvettes will likely drop a bit because of the introduction of the new 2020 model, but not a "crash". The 2020 model won't have the raw power or acceleration of the current high performance models.

Answer 2

no.....mid engine will be a mistake and buyers will avoid them

Answer 3

No. Corvettes will always hold their values.

Answer 4

High performance versions are still drawing fairly good prices. Base models are cheaper today, but not at fire sale prices..........so far........I'm in the market for a like new C6, as I prefer the round tail lights.

Source(s): Corvette owner doing research.

Answer 5

Most likely false; with the introduction of the mid-engine Corvette, it doesn't mean the front engine models will die. Corvettes will always be an iconic car, and a change such as this one shouldn't have an effect on it too much. If anything it should drive the value up for the car.