Pre Owned Auto Report

When buying used Corvette’s the buyer needs to be extra careful as a used Corvette is worth much more than just your regular run of the mill Sioux City used car. Most cars go down in value but Corvettes actually increase in value and depending on the year the car can really be quite expensive.

When buying a used Corvette in Iowa City never take the seller’s word on anything especially if they say the car is correct and faithfully restored. There are many perfectly restored cars that have turned, during inspection, to have been restored with non genuine parts. One guy was looking at a 1977 Corvette with the high output L-82 badges on the hood. He double checked the car’s VIN to make sure everything was on the up and up, but found out that the Corvette was built with the base engine, not the L-82 as the badges on the hood denoted. So be extra careful and really check out your car before buying.

Some used Chevrolet Corvettes are a much better value than others. If you want to buy one just for it’s appreciation value, there are many resources that try to predict that such as Corvette Market magazine. The bottom line is that the Corvettes that will really appreciate in value, are those that are going to cost quite a bit up front. Corvettes from 1953 to 1972 have the most upside potential. But why buy a Corvette with great potential if you don’t really like it? I’d rather buy one that I loved but wasn’t worth as much.

There are some Corvettes that you should not buy at all for whatever reason. The 1984 year was the first year of a whole redesign and new factory, so they are renowned for problems. The 1983 Corvettes were so bad that GM decided to not even sell them.