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Douglas Barton·
Auctions
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Wholesale Corvette Market Report: CorvSport Brings In 2025 With Our C8 Stingray Edition

With CorvSport's exclusive C8 Stingray edition you can get the pulse on the wholesale Corvette market with actual dealer-only auction transactions

Check how much this wild Stingray sold for! Photo Credit: Manheim

This is now CorvSport’s 23rd exclusive wholesale market report, and it’s been a pleasure to bring each one to you–thank you for being a part of our community. You may recall, as the series progressed we moved from the Florida market to Texas. After eight months in Florida and a 30% sales ratio, I wanted to spice things up and see if the Texas market would yield better results. And so far, Texas has not disappointed–you can view the full archives below. [Author’s Note: This article is FREE and not behind a paywall. If/when any popups occur, please click to make them disappear and continue enjoying the article.]

Two of the more impressive Texas showings occurred in December, where our special Z06 special edition yielded 50% in successful sales. But even more remarkable–historic, some would say–was the exclusive classic Corvette edition we brought you, which resulted in an astounding 100% sales ratio. You heard that right–every antique Corvette we featured sold! Here are those two features for easy access.

How will the C8s in our dedicated Stingray episode fare? Let’s dive in and find out!

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.

[1/03/2025 Edition]

Special C8 Stingray Edition, Top 7: Wholesale Auction Activity Report

#7

2020 C8 Stingray Coupe 1LT

8,604 Miles

Condition Report: 4.7/5.0

Announcements: 1LT package, clean Carfax, performance exhaust

Autocheck History Report: 2 owners, 0 accidents

MMR: $56,700

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

Historical Wholesale Averages

  • Past 30 Days: $58,000 (4,172 average miles)
  • 6 Months Ago: $61,800 (13,912 mi)
  • Last Year: $66,000 (18,216 mi)

Estimated Retail Value: $60,500

(Based on Cox Automotive retail transactions)

Auction Results: NO SALE

(Insights: This Stingray looked pretty good on paper–perhaps it’s the color in concert with the base package that turned bidders off.)

#6

2020 C8 Stingray Coupe 1LT

4,172 Miles

Condition Report: 4.6/5.0

Announcements: Clean Carfax, Z51

Autocheck History Report: 2 owners, 0 accidents

MMR: $57,500

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

Historical Wholesale Averages

  • Past 30 Days: $58,000 (4,172 average miles)
  • 6 Months Ago: $61,800 (13,912 mi)
  • Last Year: $66,000 (18,216 mi)

Estimated Retail Value: $61,300

(Based on Cox Automotive retail transactions)

Auction Results: Sold for $58,000

(Insights: While this C8 was nearly identical to #7 on paper, GiveMeTheVin.com always comes to Dallas ready to sell! I’m sure that beautiful “resell-red” helped.)

#5

2022 C8 Stingray Convertible 3LT

11,344 Miles

Condition Report: 4.9/5.0

Announcements:

Autocheck History Report: 2 owners, 0 accidents

MMR: $70,600

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

Historical Wholesale Averages

  • Past 30 Days: $71,900 (9,353 average miles)
  • 6 Months Ago: $77,100 (7,220 mi)
  • Last Year: $79,300 (8,825 mi)

Estimated Retail Value: $75,200

(Based on Cox Automotive retail transactions)

Auction Results: Sold for $72,750

(Insights: This was a great-looking Stingray, and with all those options and add-ons, I can understand why it brought over MMR.)

#4

2023 C8 Stingray Coupe 2LT

3,791 Miles

Condition Report: 5.0/5.0

Announcements: None

Autocheck History Report: 2 owners, 1 accident

MMR: $66,600

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

Historical Wholesale Averages

  • Past 30 Days: $65,500 (10,317 average miles)
  • 6 Months Ago: $69,700 (4,858 mi)
  • Last Year: $73,600 (2,288 mi)

Estimated Retail Value: $69,200

(Based on Cox Automotive retail transactions)

Auction Results: NO SALE

(Insights: I was liking this stealthy black beauty, but looks like the accident may have scared off serious bidders.)

#3

2023 C8 Stingray Coupe 3LT

1,128 Miles

Condition Report: 5.0/5.0

Announcements:

Autocheck History Report: 1 owner, 0 accidents

MMR: $73,200

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

Historical Wholesale Averages

  • Past 30 Days: $70,100 (6,415 average miles)
  • 6 Months Ago: $73,900 (6,668 mi)
  • Last Year: $80,500 (3,135 mi)

Estimated Retail Value: $77,700

(Based on Cox Automotive retail transactions)

Auction Results: Sold for $73,000

(Insights: Despite all the options, with the wrap, I would have lost a bet that this C8 would sell. Maybe the dealer who bought her wanted it for himself.)

#2

2023 C8 Stingray Convertible 3LT

33 Miles

Condition Report: 5.0/5.0

Announcements: Clean Carfax

Autocheck History Report: 1 owner, 0 accidents

MMR: $76,000

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

Historical Wholesale Averages

  • Past 30 Days: $73,300 (6,776 average miles)
  • 6 Months Ago: $81,700 (5,012 mi)
  • Last Year: $85,400 (6,201 mi)

Estimated Retail Value: $82,200

(Based on Cox Automotive retail transactions)

Auction Results: NO SALE

(Insights: This no-sale is surprising, given that the seller, GiveMeTheVin.com, comes ready to sell.)

#1

2024 C8 Stingray Coupe 1LT

2,620 Miles

Condition Report: 4.9/5.0

Announcements:

Autocheck History Report: 1 owner, 0 accidents

MMR: $63,000

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

Historical Wholesale Averages

  • Past 30 Days: $63,600 (2,976 average miles)
  • 6 Months Ago: $67,600 (2,343 mi)
  • Last Year: $68,300 (1,926 mi)

Estimated Retail Value: $64,600

(Based on Cox Automotive retail transactions)

Auction Results: Sold for $64,500

(Insights: This was a wicked-looking and loaded Stingray, so it’s no surprise she brought big money!)

Summary: Coming out of the holiday season, I wasn’t expecting a super-hot auction for the last day of the year–so a 57% sales ratio is very respectable. It will be interesting to see what happens as 2025 plows on. Thanks for joining CorvSport today, and we’ll see you in two weeks!

Sales Ratio Tracker (click date for report archives):

As always, thanks to our faithful CorvSport readers for checking out our exclusive wholesale report. 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. This is Douglas B. signing off–click here if you would like to see more of my features.

*All images and information credited to Manheim Auction

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