Chevrolet - Corvette (2021)

Looking to add a blazing streak of performance and prestige to your garage? The Chevrolet Corvette is the iconic American sports car that has been turning heads for generations. In 2021, Chevy introduced a refreshed lineup that blends legacy engineering with modern technology, making the Chevrolet Corvette 2021 price a hot topic for buyers and collectors alike.

When you ask, what is a 2021 Chevrolet Corvette worth? you’re really inquiring about the value of this high‑performance machine in a market that balances allure, cost, and depreciation. While the exact numbers vary by trim, condition, and geographic region, this description will walk you through the key factors that shape the Chevrolet Corvette price and help you gauge whether a used version offers the value you’re after.

• Engine: 6.2‑liter V8 (LT5) – 495 horsepower
• Transmission: 8‑speed automatic; paddle shifters optional
• Fuel Type: Premium 91 octane gasoline
• Performance: 0–60 mph in 3.0 seconds (Tuned) – 1,120 hp; 0–60 mph in 2.8 seconds (Z51)
• Aerodynamics: Active rear spoiler, optional carbon‑fiber hood, LTi® S‑RLS paneling
• Interior: 2‑seat coupe, optional AMG‑inspired sports seats, leather trim
• Dimensions: Wheelbase: 103.2 inches; Length: 166.6 inches; Width: 77.9 inches; Height: 49.5 inches
• Weight: Approx. 3,650 lbs (LT‑1); 4,000 lbs (Z51)
• Drive: Replaced the i‑Drive with a manual touchscreen and Andon touch controls
• Infotainment: 8‑inch embedded display, smartphone link, Chevy Audio System, support for wireless Apple CarPlay & Android Auto
• Safety: Adaptive cruise control, lane‑departure warning, pre‑collision assist, blind‑spot monitoring (Z51 optional)

To truly understand the Chevrolet Corvette depreciation curve, it helps to look at how this model aligns with industry trends in the sports‑car sector. Over the first year, a brand‑new Corvette typically loses 15–20% of its value. By the second year, the fade may stabilize to 3–5% per month, especially if the vehicle remains in factory condition and is driven within the manufacturer’s recommended limits. The bottom line: owning a Chevrolet Corvette 2021 price vehicle means preparing for a relatively faster depreciation rate compared to mainstream sedans but remains highly desirable in the resale market.

When you ask, used Chevrolet Corvette price inquiries arise. Tooth‑to‑tooth price comparisons illustrate that a 2021 model in like‑condition and low mileage can still fetch a premium compared to older 2010–2019 Corvette generations. Buyers often see a cheapest new value ratio of about 70–75% in the second year after purchase, then a regression to roughly 60% of the original MSRP by the third year. A well‑maintained 2021 can be a smart acquisition for collectors seeking modern performance but with a realistic eye on future depreciation.

**Depreciation Insights**
If you’re curious about the long‑term value, you can adopt a simple formula: Annual depreciation factor × Annual mileage × Vehicle condition = End‑of‑year value. For a Corvette, the Chevrolet Corvette depreciation rate typically stands at 18% in the first year, 12% in the second, and 8% each subsequent year until it reaches a level around 40% of the original price after five to six years when it transitions into the classic‑car segment.

**Comparison Context**
When you compare the Corvette to its peers, the 2021 Chevrolet Corvette’s Chevrolet Corvette price sits between the Pod