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Douglas Barton·
Auctions
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Dealer-to-Dealer Wholesale Market Report by CorvSport: C8 Corvette Stingray Edition

Without spoiling the ending, this is one exclusive CorvSport Wholesale Market Report you won't want to miss, as this week we tied a record for successful sales!

If you’re looking for actual dealer-to-dealer wholesale auction results, you’re in the right place! For over a year, CorvSport has been providing these exclusive wholesale market reports. We have archived all of them at the end of the report, but below, we have included some of the C8 dedicated ones that may be of interest to you, especially if you are shopping for a Stingray! [Author’s Note: This wholesale 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 report. One may require two steps–first, the arrow on the left, then the x on the top right.]

As teased in the opener, this week will be a fun one for you to join us! This wholesale activity is a positive sign, as these transactions tend to drive the used retail market. First, those C8 archives I promised.

CorvSport Wholesale Market Report: C8-Dedicated Archives

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 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.

[4/25/2025 Edition]

Top 7: Wholesale Dealer-Only Auction Activity Report

#7

2022 C8 Stingray Convertible 2LT

8,785 Miles

Condition Report: 4.8/5.0

Announcements:

Autocheck History Report: 1 owner, 0 accidents

MMR: $69,600

(MMR=estimated wholesale value, based on vehicle, miles, condition, and recent auction sales)

Historical Wholesale Averages

  • Past 30 Days: $66,500 (14,731 average miles)
  • 6 Months Ago: $66,800 (11,833 mi)
  • Last Year: $66,800 (16,020 mi)

Estimated Retail Value: $73,100

(Based on Cox Automotive retail transactions)

Auction Results: Sold for $72,500

(Insights: What a beautiful Stingray, and the stance with the Vossen wheels looks great. She brought strong money, but it was well deserved.)

#6

2023 C8 Stingray Coupe 2LT

11,185 Miles

Condition Report: 4.8/5.0

Announcements:

Autocheck History Report: 1 owner, 0 accidents

MMR: $65,500

(MMR=estimated wholesale value, based on vehicle, miles, condition, and recent auction sales)

Historical Wholesale Averages

  • Past 30 Days: $66,400 (9,034 average miles)
  • 6 Months Ago: $64,600 (9,127 mi)
  • Last Year: $72,900 (5,692 mi)

Estimated Retail Value: $67,100

(Based on Cox Automotive retail transactions)

Auction Results: Sold for $67,250

(Insights: Another great-looking Stingray that brought all the money, blowing right past the $65,500 MMR.)

#5

2023 C8 Stingray Coupe 2LT

2,485 Miles

Condition Report: 4.8/5.0

Announcements:

Autocheck History Report: 1 owner, 0 accidents

MMR: $67,700

(MMR=estimated wholesale value, based on vehicle, miles, condition, and recent auction sales)

Historical Wholesale Averages

  • Past 30 Days: $66,400 (9,034 average miles)
  • 6 Months Ago: $64,600 (9,127 mi)
  • Last Year: $72,900 (5,692 mi)

Estimated Retail Value: $69,300

(Based on Cox Automotive retail transactions)

Auction Results: Sold for $67,750

(Insights: The C8 Stingrays are hot today, but you already knew something was up after the teaser in the intro!)

#4

2023 C8 Stingray Coupe 2LT

2,367 Miles

Condition Report: 4.9/5.0

Announcements: Minor Carfax caution, GMTV–USA’s #1 Wholesale Distributor

Autocheck History Report: 1 owner, 0 accidents

MMR: $67,900

(MMR=estimated wholesale value, based on vehicle, miles, condition, and recent auction sales)

Historical Wholesale Averages

  • Past 30 Days: $66,400 (9,034 average miles)
  • 6 Months Ago: $64,600 (9,127 mi)
  • Last Year: $72,900 (5,692 mi)

Estimated Retail Value: $69,500

(Based on Cox Automotive retail transactions)

Auction Results: Sold for $66,000

(Insights: We are on a roll with another gorgeous Stingray hammering off to a new dealer! If you are keeping track, this is the first one purchased under MMR.)

#3

2023 C8 Stingray Convertible 3LT

882 Miles

Condition Report: 5.0/5.0

Announcements:

Autocheck History Report: 2 owners, 0 accidents

MMR: $80,400

(MMR=estimated wholesale value, based on vehicle, miles, condition, and recent auction sales)

Historical Wholesale Averages

  • Past 30 Days: $77,700 (6,951 average miles)
  • 6 Months Ago: $74,600 (10,669 mi)
  • Last Year: $87,000 (4,229 mi)

Estimated Retail Value: $81,600

(Based on Cox Automotive retail transactions)

Auction Results: Sold for $81,000

(Insights: If you’ve been following the wholesale auction result versus Manheim’s estimated retail value, you’ll notice many of these hammer amounts are getting close to what they say is retail. It will be interesting to see how the actual retail pricing plays out once they hit the sales sites.)

#2

2024 C8 Stingray Coupe 2LT

9,999 Miles

Condition Report: 5.0/5.0

Announcements:

Autocheck History Report: 1 owner, 0 accidents

MMR: $66,500

(MMR=estimated wholesale value, based on vehicle, miles, condition, and recent auction sales)

Historical Wholesale Averages

  • Past 30 Days: $69,000 (3,330 average miles)
  • 6 Months Ago: $68,700 (3,374 mi)
  • Last Year: $78,100 (1,951 mi)

Estimated Retail Value: $69,300

(Based on Cox Automotive retail transactions)

Auction Results: Sold for $68,500

(Insights: This Stingray wins the award for the most announcements, and it appeared to pay off! What a Torch Red beauty!)

#1

2024 C8 Stingray Coupe 2LT

522 Miles

Condition Report: 4.7/5.0

Announcements: NAAA Silver Certified

Autocheck History Report: 1 owner, 0 accidents

MMR: $69,200

(MMR=estimated wholesale value, based on vehicle, miles, condition, and recent auction sales)

Historical Wholesale Averages

  • Past 30 Days: $69,000 (3,330 average miles)
  • 6 Months Ago: $68,700 (3,374 mi)
  • Last Year: $78,100 (1,951 mi)

Estimated Retail Value: $72,000

(Based on Cox Automotive retail transactions)

Auction Results: Sold for $69,000

(Insights: Finally, our second C8 that sells for under MMR. What a remarkable sales ratio!)

Summary: Wow! This is only the second time we’ve achieved a 100% sales ratio, and if you click on the archives below for that sale, you’ll notice it was a special antique/classic Corvette sale. Today, six of the seven Stingrays sold were from Texas Auto Value and GiveMeTheVin, with three each. Historically, they have shown to be aggressive sellers, and today was no exception. Thanks for joining CorvSport today, and we’ll see you in two weeks!

Sales Ratio Tracker (click date for report archives):

What a crazy week! Did any of these Stingray sales surprise you? Are you CORVETTE OBSESSED like we are? The team of renowned authors and contributors at CorvSport hopes you sense our passion for the iconic Corvette, and our vast database of articles and guides should prove it–5000+ features since Scott Kolecki founded CorvSport over 15 years ago! Join the fastest-growing Corvette community on our Facebook page, with over 171,000 followers (52,000 since January 2023!). Meet other hardcore enthusiasts and say hello. This is Douglas B. signing off–click here if you would like to see more of my features.

*All images and information are credited to Manheim Auction

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