This is going to be a fun and exciting wholesale market report to watch, as we are moving back to the Florida market for the first time since September 2024. To recap, our first 16 installments were from Florida, but in October 2024, we switched to Texas to see if we could heat things up. We made the move because Florida’s wholesale transactions seemed flat, with only 30% of the Corvettes we covered hammering on the wholesale auction block. And as you’ll note in our exclusive archives below, Texas did not disappoint! Now, it’s time to see if Florida can redeem itself. [Author’s Note: This 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 article.]
Is this your first time with us? I developed these exclusive wholesale market reports 68 weeks ago to provide enthusiasts and shoppers with insights into the used C8 market. If you want to check out interesting wholesale trends, especially as we transitioned from the Florida to the Texas market and now back to Florida, we have our full archives available below today’s results.
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 or Florida 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.
[7/2/2025 Edition]
Top 7: Wholesale Dealer-Only Auction Activity Report
#7
2008 C6 Corvette Coupe Base Auto
