The ground-breaking seventh-generation Corvette ZR1 needs little introduction. With 755 horsepower and 715 lb-ft of torque from its supercharged LT5, the reigning “King of the Hill” is still making waves in the supercar circles. Sure, the 2025 Corvette ZR1, with its tarmac-tearing 1,064 horsepower, is about to steal the crown, but you won’t find any enthusiast who has forgotten about the C7 ZR1. And the collectors have certainly taken notice, with an interesting dynamic of low-mileage examples regularly entering the market (you can find those in our Garage Queens features).
Oddly, despite how remarkable the C7 ZR1 was when introduced, I often still hear about dealer discounts when she was new. This was likely due to the excitement surrounding the introduction of the revolutionary mid-engine eighth-generation Corvette. The C7 ZR1 introduction also came around a time that I dubbed the “Covid Phenomenon,” which at first caused enthusiasts to back off of large purchases due to the uncertainty the pandemic brought.
Then, the Corvette market started rising considerably, as a perfect storm was brewing. In short, the brand-new mid-engine C8 created unprecedented demand, which, in combination with lots of money being pumped into the system, led to increased discretionary spending on all toys. Top this off with supply chain issues (which caused production for the C8 to be halted at times), and the result was a crazy ride for us enthusiasts.
As the love affair with the C8 settled down, many enthusiasts who longed for the last front-engine Corvette available with a manual started to gravitate back to the C7 and rekindled their love, and that’s when things really started to get interesting for the C7 ZR1! This shift also contributed to the C7 depreciating slower than the C8. Our founder and contributor, Scott Kolecki, just wrote an excellent piece on this dynamic, which is available here if you’d like to take a deeper dive into this bizarre occurrence.
Our methodology for market values is straightforward. We believe “comps” (i.e., previous sales) are the best measure of market value at any given time, so we will use the top auction platforms—Mecum and Bring a Trailer — to gather our market snapshots.
Now, without further ado, let’s begin this journey with the C7 ZR1 “State of the Market” in 2024.
1) Starting Point: Some Sample Monroney Labels
- Standard Vehicle Price–Coupe: $118,900
- 3ZR Premium Equipment Group: $10,000
- Total Vehicle Price: $136,510
- Standard Vehicle Price–Convertible: $125,400
- 3ZR Premium Equipment Group: $10,000
- Total Vehicle Price: $147,685
2) Lowest Sales Prices Since Debut
For these comps, we did an extensive search on Mecum and Bring a Trailer, the two leading platforms for collector-grade vehicles. If you’d like to see the year-to-date results from Mecum, check out our extensive coverage and CorvSport Mecum Tracker here.
Cheapest on Bring a Trailer (with 100 total auctions in their database):
- Sales Price: $123,000
- Date: 4/02/2022
- Miles: 21,000
- First registered in Michigan as a GM Captured Test Fleet vehicle
- Direct Link For More Info and Pictures
Cheapest on Mecum (with 75 total listings in their database):
- Sales Price: $129,250
- Date: 6/29/2020
- Miles: 3,389
- Direct Link For More Info and Pictures
3) Highest Sales Prices Since Debut
Most Expensive on Bring a Trailer (still with 100 total auctions in their database):
- Sales Price: $252,000
- Date: 9/18/2024
- Miles: 777
- Trim: 3ZR ZTK with the 7-speed manual
- Direct Link For More Info and Pictures
Most Expensive on Mecum (still with 75 total listings in their database):
- Sales Price: $410,000 (Wow!)
- Date: 9/07/2024
- Miles: 16
- The last C7 ZR1 produced
- Direct Link For More Info and Pictures
4) Recent Wholesale Transactions
As a retired owner/operator of a used car dealership, I have access to wholesale data from the largest dealer-only auction in the country. These are not retail or end-consumer sales.
♦ 2019 3ZR Coupe (Only 7 total transactions in their database–not many C7 ZR1s hit the wholesale auctions)
♦ 2019 3ZR Convertible
5) Quadruple 2023 Sales Snapshot from Bring a Trailer
- [10/26/2023] $164,000
- [10/25/2023] $221,000
- [10/17/2023] $133,000
- [10/10/2023] $142,000
6) Quadruple 2022 Sales Snapshot from Bring a Trailer
- [7/02/2022] $176,000
- [6/25/2022] $182,000
- [6/13/2022] $193,000
- [5/27/2022] $151,000
7) Quadruple 2021 Sales Snapshot from Bring a Trailer
- [10/30/2021] $145,000
- [10/22/2021] $179,500
- [10/15/2021] $151,000
- [10/08/2021] $157,500
2019 Corvette ZR1 Market Trend Summary
- [6/29/2020] $129,250
- [10/08/2021] $157,500
- [10/15/2021] $151,000
- [10/22/2021] $179,500
- [10/30/2021] $145,000
- [4/02/2022] $123,000
- [5/27/2022] $151,000
- [6/13/2022] $193,000
- [6/25/2022] $182,000
- [7/02/2022] $176,000
- [10/10/2023] $142,000
- [10/17/2023] $133,000
- [10/25/2023] $221,000
- [10/26/2023] $164,000
- [9/18/2024] $252,000
- [9/27/2024] $410,000
Thanks for joining CorvSport as we took this trip down C7 ZR1 market value lane. Did any of the market trends surprise you? As you can see, the C7 ZR1 sales prices have been all over the map but are steadily increasing! If you want to keep up to date with all the fresh Corvette news and maintain a pulse on the lifestyle and culture of this exciting, iconic brand, CorvSport has the fastest-growing Corvette community on our Facebook page, with over 172,000 followers (53,000 since January 2023!). Come join other hardcore enthusiasts and say hello, Douglas B.
