If you’re new to CorvSport’s exclusive dealer-to-dealer wholesale report, welcome to market data you won’t find anywhere else in our community! And don’t worry if you have missed any prior reports, because after this week’s Corvettes, we have our full archives–with the sales percentages so you can track trends over the last year. [Author’s Note: This wholesale market report is FREE and not behind a paywall. Yes, FREE! If/when any pop-ups appear, please click to dismiss them and continue enjoying the report. One may require two steps–first, the arrow on the left, then the x on the top right.]
We’ve got an interesting mix of Corvettes at the wholesale auction today, including a first-year C6 with TWELVE owners–yikes! We also have a couple of mint first-year C8s, along with a C7 Z06, which have been selling well at the wholesale auction. Let’s get after it!
A Quick Review Of The Process:
In preparation for each installment, I start a list of Corvettes from that week’s runlist that catch my eye. As a retired owner/operator of a used car dealership, I’ll use my 17 years of experience (and industry access) to give you insights into the market. My search is focused on the nation’s largest dealer-only wholesale auction, and all the Corvettes featured are from the Texas market. Corvettes end up at a dealer-only wholesale auction for many reasons, but most are trade-ins that the dealer decided not to retail on their lot. Some may also be repossessions or coming off leases. It’s also common for dealers to dump problem (or slow-selling) units at an auction.
For Fun (and Insights):
Compare the MMR (estimated wholesale value) to the actual hammer price (if sold). It’s also interesting to compare the wholesale purchase price (if it sells) to the Cox Automotive estimated retail value, as this will give you an idea of the margins used-car dealerships are working with.
[5/22/2025 Edition]
Top 7: Wholesale Dealer-Only Auction Activity Report
#7
2005 C6 Convertible
