The State Of The Market: Most Notable Corvette Auction Activity [3/13/2024]

In this CorvSport exclusive bi-monthly guide, we have a flurry of C8 Z06s with super-low miles! Check out our analysis of 10 Corvettes

Welcome to the second installment of CorvSport’s unique series, where we analyze the Corvette wholesale market on a bi-monthly basis in an attempt to help our faithful readers gain negotiating leverage while shopping. While not an exhaustive list, each episode will give insights into market trends for the Corvette shopper (and curious enthusiasts who like to follow the market). Our analysis will also include historical wholesale averages, along with the Cox Automotive estimated retail values.

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 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 a common practice for dealers to dump problem (or slow-selling) units at an auction.

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