Thanks for joining us and welcome to our 41st installment of CorvSport’s exclusive wholesale market series, where we go to the hottest, largest cities around the country to bring you fresh data and market analyses. Below, you will see actual dealer-to-dealer wholesale auction transactions, which resonate with me as a retired used car dealer with 17 years of experience.
I wish I could say I was more fond of the auction experience, but it was no fun duking it out with a handful of other dealers, each one bumping the wholesale price $200 to $500 every time they raised their hand. As with all our exclusive market features, this wholesale market report is FREE and not behind a paywall. When any pop-ups appear, please click to dismiss them and continue enjoying the article.
We are currently on our Florida redemption tour, primarily due to a dismal sales ratio in Florida during the first 16 installments. After the Florida dealers sold only 30% of their Corvettes to new dealers, we moved to Texas to heat things up. And after gathering data from 19 auction days spread over 35 weeks, Texas managed to sell 69% of the ‘Vettes we featured. We have every installment archived below, including the redemption tour that began in early July.
Things to look for today:
- Will Florida move more than the 51% of the Corvettes they have sold since the redemption tour began?
- How will Corvette superseller, BD Auto Liquidators, perform today? They have six of our seven ‘Vettes.
- How many of our four C8 Stingrays will sell?
- Better yet, will the recall and stop sale affect the sale of the 2025 Z06 we are featuring today?
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 to date 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.
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[9/10/2025 Edition]
Top 7: Wholesale Dealer-Only Auction Activity Report
#7
2016 C7 Stingray Coupe 2LT
63,441 Miles
Condition Report: 4.2/5.0
Announcements: 3rd Party Seller
Autocheck History Report: 1 owner, 1 accident
MMR: $32,100
(MMR=estimated wholesale value, based on vehicle, miles, condition, and recent auction sales)
Historical Wholesale Averages
- Past 30 Days: $28,900 (90,338 average miles)
- 6 Months Ago: $38,000 (35,606 mi)
- Last Year: Not available
Estimated Retail Value: $37,800
(Based on Cox Automotive retail transactions)
Auction Results: Sold for $32,000
(Insights: Well, this is a good start for BD Auto Liquidators–BDAL–and I figured this sharp-looking C7 would hammer off to a new dealer.)
#6
2019 C7 Grand Sport Coupe 1LT
36,401 Miles
Condition Report: 4.1/5.0
Announcements: GREEN LIGHT
Autocheck History Report: 3 owner, 1 accident
MMR: $49,500
(MMR=estimated wholesale value, based on vehicle, miles, condition, and recent auction sales)
Historical Wholesale Averages
- Past 30 Days: $54,300 (24,034 average miles)
- 6 Months Ago: $49,300 (28,805 mi)
- Last Year: Not available
Estimated Retail Value: $54,700
(Based on Cox Automotive retail transactions)
Auction Results: Sold for $50,300
(Insights: The accident on the history report did not seem to affect either of our two C7s, with both selling close to the MMR. This unit was sold by GM Financial, and was likely a repossession.)
#5
2021 C8 Stingray Convertible 3LT
14,555 Miles
Condition Report: 4.2/5.0
Announcements:
Autocheck History Report: 2 owners, 0 accidents
MMR: $68,700
(MMR=estimated wholesale value, based on vehicle, miles, condition, and recent auction sales)
Historical Wholesale Averages
- Past 30 Days: $70,700 (6,556 average miles)
- 6 Months Ago: $67,500 (10,067 mi)
- Last Year: $67,600 (16,078 mi)
Estimated Retail Value: $71,800
(Based on Cox Automotive retail transactions)
Auction Results: NO SALE
(Insights: This Stingray was a sharp-looking ‘Vert, so it’s likely BDAL’s reserve was too high for the dealers today.)
#4
2022 C8 Stingray Convertible 3LT
4,806 Miles
Condition Report: 4.7/5.0
Announcements: 3rd Party Seller
Autocheck History Report: 2 owners, 0 accidents
MMR: $74,300
(MMR=estimated wholesale value, based on vehicle, miles, condition, and recent auction sales)
Historical Wholesale Averages
- Past 30 Days: $71,800 (12,837 average miles)
- 6 Months Ago: $72,100 (15,061 mi)
- Last Year: $72,400 (11,529 mi)
Estimated Retail Value: $78,900
(Based on Cox Automotive retail transactions)
Auction Results: NO SALE
(Insights: BDAL usually comes ready to sell, so is this a high-reserve issue or a lack of willing dealers issue? Perhaps the color on these first two C8s is turning off bidders.)
#3
2025 C8 Stingray Convertible 3LT
14,898 Miles
Condition Report: 4.4/5.0
Announcements: 3rd Party Seller
Autocheck History Report: 1 owner, 0 accidents
MMR: $82,800
(MMR=estimated wholesale value, based on vehicle, miles, condition, and recent auction sales)
Historical Wholesale Averages
- Past 30 Days: Not available
- 6 Months Ago: $84,000 (1,764 mi)
- Last Year: Not available
Estimated Retail Value: $85,200
(Based on Cox Automotive retail transactions)
Auction Results: NO SALE
(Insights: Congrats for the original owner getting her out and putting some miles on this beautiful ‘Vert, but that likely turned off bidders.)
#2
2025 C8 Z06 Coupe 2LZ
1,731 Miles
Condition Report: 4.8/5.0
Announcements: 3rd Party Seller
Autocheck History Report: 1 owner, 0 accidents
MMR: $115,000
(MMR=estimated wholesale value, based on vehicle, miles, condition, and recent auction sales)
Historical Wholesale Averages
- Past 30 Days: $117,000 (1,694 average miles)
- 6 Months Ago: $130,000 (100 mi)
- Last Year: Not available
Estimated Retail Value: $128,000
(Based on Cox Automotive retail transactions)
Auction Results: NO SALE
(Insights: Another no-sale from BDAL, but really no surprise given the uncertainty with the recall fix for the refueling fire risk.)
#1
2025 C8 Stingray Convertible 3LT
1,117 Miles
Condition Report: 4.8/5.0
Announcements: 3rd Party Seller
Autocheck History Report: 1 owner, 0 accidents
MMR: $86,900
(MMR=estimated wholesale value, based on vehicle, miles, condition, and recent auction sales)
Historical Wholesale Averages
- Past 30 Days: Not available
- 6 Months Ago: $84,000 (1,764 mi)
- Last Year: Not available
Estimated Retail Value: $89,400
(Based on Cox Automotive retail transactions)
Auction Results: NO SALE
(Insights: Despite being what we used to call in the business “resell-red,” this clean 2025 ‘Vert failed to sell. I’m not sure what happened to BDAL today, but he did not come ready to hammer.)
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Summary: Well, the overall stats are disappointing today. Our superseller, BD Auto Liquidators, only sold one of their six Corvettes, and zero C8s were sold today. With an overall sales ratio of just 29%, it’s almost time to declare that Florida is ice cold for wholesale ‘Vette sales. Thankfully, the C7s saved us from a completely disastrous week. We’ll be heading back to Texas soon to see if we can bring back some hot sales. Thank you for joining CorvSport today. We look forward to seeing you in two weeks.
See All Of Our Exclusive Dealer-To-Dealer Wholesale Transactions
Sales Ratio Tracker (click date for report archives):
- [2/29/2024] Report: 30% Sold
- [3/13/2024] Report: 30% Sold
- [3/27/2024] Report: 10% Sold
- [4/12/2024] Report: 40% Sold
- [4/26/2024] Report: 10% Sold
- [5/10/2024] Report: 50% Sold
- [5/23/2024] Report: 50% Sold
- [6/07/2024] Report: 60% Sold
- [6/21/2024] Report: 40% Sold
- [7/03/2024] Report: 20% Sold
- [7/17/2024] Report: 20% Sold
- [8/02/2024] Report: 50% Sold
- [8/15/2024] Report: 20% Sold
- [8/31/2024] Report: 10% Sold
- [9/13/2024] Report: 20% Sold
- [9/26/2024] Report: 40% Sold
- We moved to the TEXAS wholesale market!
- [10/11/2024] Report: 60% Sold
- [10/25/2024] Report: 60% Sold
- [11/07/2024] Report: 50% Sold
- [11/21/2024] Report: 20% Sold
- [12/06/2024] Report: 50% Sold
- [12/19/2024] Report: 100% Sold
- [1/03/2025] Report: 57% Sold
- [1/17/2025] Report: 57% Sold
- [1/31/2025] Report: 57% Sold
- [2/14/2025] Report: 86% Sold
- [2/27/2025] Report: 71% Sold
- [3/14/2025] Report: 71% Sold
- [3/27/2025] Report: 71% Sold
- [4/10/2025] Report: 71% Sold
- [4/25/2025] Report: 100% Sold
- [5/08/2025] Report: 86% Sold
- [5/22/2025] Report: 71% Sold
- [6/05/2025] Report: 86% Sold
- [6/19/2025] Report: 86% Sold
- We are back in the Florida wholesale market!
- [7/02/2025] Report: 71% Sold
- [7/17/2025] Report: 43% Sold
- [7/31/2025] Report: 14% Sold
- [8/14/2025] Report: 71% Sold
- [8/21/2025] Report: 57% Sold
- [Today]: 29% Sold
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*All images and information are credited to Manheim Auctions