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2019 Chevrolet Corvette Cost to Own

Total 5-Year Ownership Costs

Near ZIP

Corvette Z06

Z06 w/3LZ 2dr Convertible (6.2L 8cyl S/C 7M)

True Cost to Own

$71,477*

Total Cash Price

$65,349

Z06 w/1LZ 2dr Coupe (6.2L 8cyl S/C 7M)

True Cost to Own

$79,419*

Total Cash Price

$72,610

Z06 w/2LZ 2dr Convertible (6.2L 8cyl S/C 7M)

True Cost to Own

$58,997*

Total Cash Price

$53,939

Z06 w/1LZ 2dr Convertible (6.2L 8cyl S/C 7M)

True Cost to Own

$84,525*

Total Cash Price

$77,277

Z06 w/3LZ 2dr Coupe (6.2L 8cyl S/C 7M)

True Cost to Own

$63,535*

Total Cash Price

$58,088

Z06 w/2LZ 2dr Coupe (6.2L 8cyl S/C 7M)

True Cost to Own

$78,285*

Total Cash Price

$71,572

Corvette Coupe

Grand Sport w/1LT 2dr Coupe (6.2L 8cyl 7M)

True Cost to Own

$60,132*

Total Cash Price

$54,976

Grand Sport w/3LT 2dr Coupe (6.2L 8cyl 7M)

True Cost to Own

$69,208*

Total Cash Price

$63,274

Stingray w/3LT 2dr Coupe (6.2L 8cyl 7M)

True Cost to Own

$57,863*

Total Cash Price

$52,901

Stingray Z51 w/3LT 2dr Coupe (6.2L 8cyl 7M)

True Cost to Own

$83,390*

Total Cash Price

$76,240

Stingray w/2LT 2dr Coupe (6.2L 8cyl 7M)

True Cost to Own

$58,997*

Total Cash Price

$53,939

Stingray Z51 w/2LT 2dr Coupe (6.2L 8cyl 7M)

True Cost to Own

$62,401*

Total Cash Price

$57,050

Grand Sport w/2LT 2dr Coupe (6.2L 8cyl 7M)

True Cost to Own

$68,074*

Total Cash Price

$62,237

Stingray w/1LT 2dr Coupe (6.2L 8cyl 7M)

True Cost to Own

$56,728*

Total Cash Price

$51,864

Stingray Z51 w/1LT 2dr Coupe (6.2L 8cyl 7M)

True Cost to Own

$79,986*

Total Cash Price

$73,128

Corvette Convertible

Stingray w/1LT 2dr Convertible (6.2L 8cyl 7M)

True Cost to Own

$61,834*

Total Cash Price

$56,532

Grand Sport w/3LT 2dr Convertible (6.2L 8cyl 7M)

True Cost to Own

$60,132*

Total Cash Price

$54,976

ZR1 w/1ZR 2dr Convertible (6.2L 8cyl S/C 7M)

True Cost to Own

$68,641*

Total Cash Price

$62,755

Stingray w/3LT 2dr Convertible (6.2L 8cyl 7M)

True Cost to Own

$59,564*

Total Cash Price

$54,457

Stingray Z51 w/1LT 2dr Convertible (6.2L 8cyl 7M)

True Cost to Own

$65,804*

Total Cash Price

$60,162

Stingray Z51 w/2LT 2dr Convertible (6.2L 8cyl 7M)

True Cost to Own

$60,699*

Total Cash Price

$55,494

ZR1 w/3ZR 2dr Convertible (6.2L 8cyl S/C 7M)

True Cost to Own

$60,132*

Total Cash Price

$54,976

Grand Sport w/1LT 2dr Convertible (6.2L 8cyl 7M)

True Cost to Own

$81,121*

Total Cash Price

$74,166

Stingray Z51 w/3LT 2dr Convertible (6.2L 8cyl 7M)

True Cost to Own

$77,717*

Total Cash Price

$71,054

Stingray w/2LT 2dr Convertible (6.2L 8cyl 7M)

True Cost to Own

$68,641*

Total Cash Price

$62,755

Grand Sport w/2LT 2dr Convertible (6.2L 8cyl 7M)

True Cost to Own

$79,419*

Total Cash Price

$72,610

Corvette ZR1

ZR1 w/3ZR 2dr Coupe (6.2L 8cyl S/C 7M)

True Cost to Own

$82,256*

Total Cash Price

$75,203

ZR1 w/1ZR 2dr Coupe (6.2L 8cyl S/C 7M)

True Cost to Own

$62,968*

Total Cash Price

$57,569

Ownership Costs: 5-Year Breakdown

Selected Model:

2019 Corvette Z06 Z06 w/3LZ 2dr Convertible (6.2L 8cyl S/C 7M)

Ownership Costs: 5-Year Breakdown
Year 1Year 2Year 3Year 4Year 5Total
Tax Credit$0$0$0$0$0$0
Insurance$1,265$1,309$1,356$1,402$1,452$6,784
Maintenance$721$1,240$1,288$4,052$1,924$9,224
Repairs$0$0$311$741$1,084$2,136
Taxes & Fees$2,829$52$52$52$52$3,035
Financing$3,514$2,826$2,093$1,309$473$10,215
Depreciation$11,761$3,548$2,899$3,252$2,841$24,302
Fuel$2,972$3,062$3,154$3,248$3,345$15,782
True Cost to Own®$23,062$12,037$11,152$14,057$11,170$71,477

Ownership Costs: 5-Year Breakdown

Selected Model:

2019 Corvette Z06 Z06 w/1LZ 2dr Coupe (6.2L 8cyl S/C 7M)

Ownership Costs: 5-Year Breakdown
Year 1Year 2Year 3Year 4Year 5Total
Tax Credit$0$0$0$0$0$0
Insurance$1,406$1,455$1,506$1,558$1,613$7,538
Maintenance$801$1,378$1,431$4,502$2,138$10,249
Repairs$0$0$346$823$1,204$2,373
Taxes & Fees$3,143$57$57$57$57$3,373
Financing$3,905$3,140$2,325$1,455$525$11,350
Depreciation$13,068$3,942$3,221$3,613$3,157$27,002
Fuel$3,303$3,402$3,504$3,609$3,717$17,535
True Cost to Own®$25,624$13,374$12,391$15,618$12,411$79,419

Ownership Costs: 5-Year Breakdown

Selected Model:

2019 Corvette Z06 Z06 w/2LZ 2dr Convertible (6.2L 8cyl S/C 7M)

Ownership Costs: 5-Year Breakdown
Year 1Year 2Year 3Year 4Year 5Total
Tax Credit$0$0$0$0$0$0
Insurance$1,044$1,081$1,119$1,158$1,198$5,599
Maintenance$595$1,023$1,063$3,345$1,588$7,614
Repairs$0$0$257$612$894$1,763
Taxes & Fees$2,335$43$43$43$43$2,505
Financing$2,901$2,333$1,727$1,081$390$8,431
Depreciation$9,707$2,929$2,393$2,684$2,345$20,058
Fuel$2,453$2,527$2,603$2,681$2,761$13,026
True Cost to Own®$19,035$9,935$9,205$11,602$9,220$58,997

Ownership Costs: 5-Year Breakdown

Selected Model:

2019 Corvette Z06 Z06 w/1LZ 2dr Convertible (6.2L 8cyl S/C 7M)

Ownership Costs: 5-Year Breakdown
Year 1Year 2Year 3Year 4Year 5Total
Tax Credit$0$0$0$0$0$0
Insurance$1,496$1,548$1,603$1,658$1,716$8,022
Maintenance$852$1,466$1,523$4,792$2,275$10,908
Repairs$0$0$368$876$1,281$2,526
Taxes & Fees$3,345$61$61$61$61$3,589
Financing$4,156$3,342$2,475$1,548$559$12,079
Depreciation$13,908$4,196$3,428$3,846$3,360$28,738
Fuel$3,515$3,621$3,729$3,841$3,956$18,662
True Cost to Own®$27,271$14,234$13,188$16,622$13,209$84,525

Ownership Costs: 5-Year Breakdown

Selected Model:

2019 Corvette Z06 Z06 w/3LZ 2dr Coupe (6.2L 8cyl S/C 7M)

Ownership Costs: 5-Year Breakdown
Year 1Year 2Year 3Year 4Year 5Total
Tax Credit$0$0$0$0$0$0
Insurance$1,124$1,164$1,205$1,247$1,290$6,030
Maintenance$641$1,102$1,145$3,602$1,710$8,200
Repairs$0$0$277$659$963$1,898
Taxes & Fees$2,514$46$46$46$46$2,698
Financing$3,124$2,512$1,860$1,164$420$9,080
Depreciation$10,454$3,154$2,577$2,891$2,526$21,601
Fuel$2,642$2,722$2,803$2,887$2,974$14,028
True Cost to Own®$20,499$10,699$9,913$12,495$9,929$63,535

Ownership Costs: 5-Year Breakdown

Selected Model:

2019 Corvette Z06 Z06 w/2LZ 2dr Coupe (6.2L 8cyl S/C 7M)

Ownership Costs: 5-Year Breakdown
Year 1Year 2Year 3Year 4Year 5Total
Tax Credit$0$0$0$0$0$0
Insurance$1,386$1,434$1,485$1,536$1,590$7,430
Maintenance$789$1,358$1,410$4,438$2,107$10,103
Repairs$0$0$341$811$1,187$2,339
Taxes & Fees$3,098$57$57$57$57$3,324
Financing$3,849$3,095$2,292$1,434$518$11,188
Depreciation$12,881$3,886$3,175$3,562$3,112$26,616
Fuel$3,255$3,353$3,454$3,558$3,664$17,285
True Cost to Own®$25,258$13,183$12,214$15,395$12,234$78,285

Ownership Costs: 5-Year Breakdown

Selected Model:

2019 Corvette Coupe Grand Sport w/1LT 2dr Coupe (6.2L 8cyl 7M)

Ownership Costs: 5-Year Breakdown
Year 1Year 2Year 3Year 4Year 5Total
Tax Credit$0$0$0$0$0$0
Insurance$1,064$1,101$1,141$1,180$1,221$5,707
Maintenance$606$1,043$1,083$3,409$1,619$7,760
Repairs$0$0$262$623$912$1,797
Taxes & Fees$2,380$43$43$43$43$2,554
Financing$2,956$2,378$1,761$1,101$398$8,593
Depreciation$9,894$2,985$2,439$2,736$2,390$20,444
Fuel$2,501$2,576$2,653$2,733$2,814$13,277
True Cost to Own®$19,401$10,126$9,382$11,825$9,397$60,132

Ownership Costs: 5-Year Breakdown

Selected Model:

2019 Corvette Coupe Grand Sport w/3LT 2dr Coupe (6.2L 8cyl 7M)

Ownership Costs: 5-Year Breakdown
Year 1Year 2Year 3Year 4Year 5Total
Tax Credit$0$0$0$0$0$0
Insurance$1,225$1,268$1,313$1,358$1,405$6,568
Maintenance$698$1,200$1,247$3,924$1,863$8,932
Repairs$0$0$301$717$1,049$2,068
Taxes & Fees$2,739$50$50$50$50$2,939
Financing$3,403$2,736$2,026$1,268$458$9,891
Depreciation$11,387$3,436$2,807$3,149$2,751$23,530
Fuel$2,878$2,965$3,054$3,145$3,239$15,281
True Cost to Own®$22,330$11,655$10,798$13,610$10,815$69,208

Ownership Costs: 5-Year Breakdown

Selected Model:

2019 Corvette Coupe Stingray w/3LT 2dr Coupe (6.2L 8cyl 7M)

Ownership Costs: 5-Year Breakdown
Year 1Year 2Year 3Year 4Year 5Total
Tax Credit$0$0$0$0$0$0
Insurance$1,024$1,060$1,098$1,135$1,175$5,492
Maintenance$583$1,004$1,042$3,280$1,558$7,467
Repairs$0$0$252$600$877$1,729
Taxes & Fees$2,290$42$42$42$42$2,457
Financing$2,845$2,288$1,694$1,060$383$8,269
Depreciation$9,521$2,872$2,347$2,633$2,300$19,673
Fuel$2,406$2,479$2,553$2,630$2,708$12,776
True Cost to Own®$18,669$9,744$9,028$11,379$9,042$57,863

Ownership Costs: 5-Year Breakdown

Selected Model:

2019 Corvette Coupe Stingray Z51 w/3LT 2dr Coupe (6.2L 8cyl 7M)

Ownership Costs: 5-Year Breakdown
Year 1Year 2Year 3Year 4Year 5Total
Tax Credit$0$0$0$0$0$0
Insurance$1,476$1,527$1,582$1,636$1,693$7,914
Maintenance$841$1,446$1,502$4,728$2,245$10,762
Repairs$0$0$363$864$1,264$2,492
Taxes & Fees$3,300$60$60$60$60$3,541
Financing$4,100$3,297$2,442$1,527$551$11,917
Depreciation$13,721$4,140$3,382$3,794$3,315$28,352
Fuel$3,468$3,572$3,679$3,790$3,903$18,412
True Cost to Own®$26,905$14,043$13,011$16,399$13,032$83,390

Ownership Costs: 5-Year Breakdown

Selected Model:

2019 Corvette Coupe Stingray w/2LT 2dr Coupe (6.2L 8cyl 7M)

Ownership Costs: 5-Year Breakdown
Year 1Year 2Year 3Year 4Year 5Total
Tax Credit$0$0$0$0$0$0
Insurance$1,044$1,081$1,119$1,158$1,198$5,599
Maintenance$595$1,023$1,063$3,345$1,588$7,614
Repairs$0$0$257$612$894$1,763
Taxes & Fees$2,335$43$43$43$43$2,505
Financing$2,901$2,333$1,727$1,081$390$8,431
Depreciation$9,707$2,929$2,393$2,684$2,345$20,058
Fuel$2,453$2,527$2,603$2,681$2,761$13,026
True Cost to Own®$19,035$9,935$9,205$11,602$9,220$58,997

Ownership Costs: 5-Year Breakdown

Selected Model:

2019 Corvette Coupe Stingray Z51 w/2LT 2dr Coupe (6.2L 8cyl 7M)

Ownership Costs: 5-Year Breakdown
Year 1Year 2Year 3Year 4Year 5Total
Tax Credit$0$0$0$0$0$0
Insurance$1,104$1,143$1,184$1,224$1,267$5,922
Maintenance$629$1,082$1,124$3,538$1,680$8,053
Repairs$0$0$272$647$946$1,865
Taxes & Fees$2,470$45$45$45$45$2,650
Financing$3,068$2,467$1,827$1,143$413$8,918
Depreciation$10,267$3,098$2,531$2,839$2,481$21,216
Fuel$2,595$2,673$2,753$2,836$2,921$13,778
True Cost to Own®$20,133$10,508$9,736$12,272$9,752$62,401

Ownership Costs: 5-Year Breakdown

Selected Model:

2019 Corvette Coupe Grand Sport w/2LT 2dr Coupe (6.2L 8cyl 7M)

Ownership Costs: 5-Year Breakdown
Year 1Year 2Year 3Year 4Year 5Total
Tax Credit$0$0$0$0$0$0
Insurance$1,205$1,247$1,291$1,336$1,382$6,461
Maintenance$686$1,181$1,226$3,859$1,832$8,785
Repairs$0$0$296$706$1,032$2,034
Taxes & Fees$2,694$49$49$49$49$2,891
Financing$3,347$2,692$1,993$1,247$450$9,728
Depreciation$11,201$3,379$2,761$3,097$2,706$23,144
Fuel$2,831$2,916$3,004$3,094$3,186$15,030
True Cost to Own®$21,964$11,464$10,621$13,387$10,638$68,074
Ownership Costs: 5-Year Total

Depreciation

$19,287

Taxes & Fees

$2,409

Financing

$8,107

Fuel

$12,525

Insurance

$5,384

Repairs

$1,695

Maintenance

$7,321

Ownership Costs: 5-Year Breakdown

Selected Model:

2019 Corvette Coupe Stingray w/1LT 2dr Coupe (6.2L 8cyl 7M)

Ownership Costs: 5-Year Breakdown
Year 1Year 2Year 3Year 4Year 5Total
Tax Credit$0$0$0$0$0$0
Insurance$1,004$1,039$1,076$1,113$1,152$5,384
Maintenance$572$984$1,022$3,216$1,527$7,321
Repairs$0$0$247$588$860$1,695
Taxes & Fees$2,245$41$41$41$41$2,409
Financing$2,789$2,243$1,661$1,039$375$8,107
Depreciation$9,334$2,816$2,301$2,581$2,255$19,287
Fuel$2,359$2,430$2,503$2,578$2,655$12,525
True Cost to Own®$18,303$9,553$8,851$11,156$8,865$56,728

Ownership Costs: 5-Year Breakdown

Selected Model:

2019 Corvette Coupe Stingray Z51 w/1LT 2dr Coupe (6.2L 8cyl 7M)

Ownership Costs: 5-Year Breakdown
Year 1Year 2Year 3Year 4Year 5Total
Tax Credit$0$0$0$0$0$0
Insurance$1,416$1,465$1,517$1,569$1,624$7,591
Maintenance$807$1,387$1,441$4,535$2,153$10,323
Repairs$0$0$348$829$1,213$2,390
Taxes & Fees$3,165$58$58$58$58$3,397
Financing$3,932$3,163$2,342$1,465$529$11,431
Depreciation$13,161$3,971$3,244$3,639$3,180$27,195
Fuel$3,326$3,426$3,529$3,635$3,744$17,660
True Cost to Own®$25,807$13,470$12,480$15,730$12,500$79,986

Ownership Costs: 5-Year Breakdown

Selected Model:

2019 Corvette Convertible Stingray w/1LT 2dr Convertible (6.2L 8cyl 7M)

Ownership Costs: 5-Year Breakdown
Year 1Year 2Year 3Year 4Year 5Total
Tax Credit$0$0$0$0$0$0
Insurance$1,094$1,133$1,173$1,213$1,256$5,869
Maintenance$623$1,073$1,114$3,505$1,664$7,980
Repairs$0$0$269$641$937$1,848
Taxes & Fees$2,447$45$45$45$45$2,626
Financing$3,040$2,445$1,810$1,133$409$8,837
Depreciation$10,174$3,069$2,508$2,813$2,458$21,023
Fuel$2,571$2,649$2,728$2,810$2,894$13,652
True Cost to Own®$19,950$10,413$9,648$12,160$9,663$61,834

Ownership Costs: 5-Year Breakdown

Selected Model:

2019 Corvette Convertible Grand Sport w/3LT 2dr Convertible (6.2L 8cyl 7M)

Ownership Costs: 5-Year Breakdown
Year 1Year 2Year 3Year 4Year 5Total
Tax Credit$0$0$0$0$0$0
Insurance$1,064$1,101$1,141$1,180$1,221$5,707
Maintenance$606$1,043$1,083$3,409$1,619$7,760
Repairs$0$0$262$623$912$1,797
Taxes & Fees$2,380$43$43$43$43$2,554
Financing$2,956$2,378$1,761$1,101$398$8,593
Depreciation$9,894$2,985$2,439$2,736$2,390$20,444
Fuel$2,501$2,576$2,653$2,733$2,814$13,277
True Cost to Own®$19,401$10,126$9,382$11,825$9,397$60,132

Ownership Costs: 5-Year Breakdown

Selected Model:

2019 Corvette Convertible ZR1 w/1ZR 2dr Convertible (6.2L 8cyl S/C 7M)

Ownership Costs: 5-Year Breakdown
Year 1Year 2Year 3Year 4Year 5Total
Tax Credit$0$0$0$0$0$0
Insurance$1,215$1,257$1,302$1,347$1,394$6,515
Maintenance$692$1,191$1,237$3,891$1,848$8,858
Repairs$0$0$299$711$1,041$2,051
Taxes & Fees$2,716$50$50$50$50$2,915
Financing$3,375$2,714$2,010$1,257$454$9,809
Depreciation$11,294$3,407$2,784$3,123$2,729$23,337
Fuel$2,854$2,940$3,029$3,119$3,213$15,155
True Cost to Own®$22,147$11,559$10,710$13,499$10,727$68,641

Ownership Costs: 5-Year Breakdown

Selected Model:

2019 Corvette Convertible Stingray w/3LT 2dr Convertible (6.2L 8cyl 7M)

Ownership Costs: 5-Year Breakdown
Year 1Year 2Year 3Year 4Year 5Total
Tax Credit$0$0$0$0$0$0
Insurance$1,054$1,091$1,130$1,169$1,210$5,653
Maintenance$601$1,033$1,073$3,377$1,603$7,687
Repairs$0$0$259$617$903$1,780
Taxes & Fees$2,357$43$43$43$43$2,529
Financing$2,928$2,355$1,744$1,091$394$8,512
Depreciation$9,801$2,957$2,416$2,710$2,368$20,251
Fuel$2,477$2,552$2,628$2,707$2,788$13,151
True Cost to Own®$19,218$10,031$9,294$11,714$9,308$59,564

Ownership Costs: 5-Year Breakdown

Selected Model:

2019 Corvette Convertible Stingray Z51 w/1LT 2dr Convertible (6.2L 8cyl 7M)

Ownership Costs: 5-Year Breakdown
Year 1Year 2Year 3Year 4Year 5Total
Tax Credit$0$0$0$0$0$0
Insurance$1,165$1,205$1,248$1,291$1,336$6,245
Maintenance$664$1,141$1,186$3,731$1,771$8,492
Repairs$0$0$287$682$998$1,966
Taxes & Fees$2,604$48$48$48$48$2,794
Financing$3,235$2,602$1,927$1,205$435$9,404
Depreciation$10,827$3,267$2,669$2,994$2,616$22,373
Fuel$2,736$2,819$2,903$2,990$3,080$14,529
True Cost to Own®$21,231$11,081$10,267$12,941$10,283$65,804

Ownership Costs: 5-Year Breakdown

Selected Model:

2019 Corvette Convertible Stingray Z51 w/2LT 2dr Convertible (6.2L 8cyl 7M)

Ownership Costs: 5-Year Breakdown
Year 1Year 2Year 3Year 4Year 5Total
Tax Credit$0$0$0$0$0$0
Insurance$1,074$1,112$1,151$1,191$1,233$5,761
Maintenance$612$1,053$1,094$3,441$1,634$7,833
Repairs$0$0$264$629$920$1,814
Taxes & Fees$2,402$44$44$44$44$2,578
Financing$2,984$2,400$1,777$1,112$401$8,674
Depreciation$9,987$3,013$2,462$2,762$2,413$20,637
Fuel$2,524$2,600$2,678$2,758$2,841$13,402
True Cost to Own®$19,584$10,222$9,471$11,937$9,486$60,699

Ownership Costs: 5-Year Breakdown

Selected Model:

2019 Corvette Convertible ZR1 w/3ZR 2dr Convertible (6.2L 8cyl S/C 7M)

Ownership Costs: 5-Year Breakdown
Year 1Year 2Year 3Year 4Year 5Total
Tax Credit$0$0$0$0$0$0
Insurance$1,064$1,101$1,141$1,180$1,221$5,707
Maintenance$606$1,043$1,083$3,409$1,619$7,760
Repairs$0$0$262$623$912$1,797
Taxes & Fees$2,380$43$43$43$43$2,554
Financing$2,956$2,378$1,761$1,101$398$8,593
Depreciation$9,894$2,985$2,439$2,736$2,390$20,444
Fuel$2,501$2,576$2,653$2,733$2,814$13,277
True Cost to Own®$19,401$10,126$9,382$11,825$9,397$60,132

Ownership Costs: 5-Year Breakdown

Selected Model:

2019 Corvette Convertible Grand Sport w/1LT 2dr Convertible (6.2L 8cyl 7M)

Ownership Costs: 5-Year Breakdown
Year 1Year 2Year 3Year 4Year 5Total
Tax Credit$0$0$0$0$0$0
Insurance$1,436$1,486$1,539$1,592$1,647$7,699
Maintenance$818$1,407$1,461$4,599$2,184$10,469
Repairs$0$0$353$841$1,230$2,424
Taxes & Fees$3,210$59$59$59$59$3,445
Financing$3,988$3,207$2,375$1,486$536$11,593
Depreciation$13,348$4,027$3,290$3,691$3,225$27,580
Fuel$3,373$3,475$3,579$3,687$3,797$17,911
True Cost to Own®$26,173$13,661$12,657$15,953$12,677$81,121

Ownership Costs: 5-Year Breakdown

Selected Model:

2019 Corvette Convertible Stingray Z51 w/3LT 2dr Convertible (6.2L 8cyl 7M)

Ownership Costs: 5-Year Breakdown
Year 1Year 2Year 3Year 4Year 5Total
Tax Credit$0$0$0$0$0$0
Insurance$1,375$1,423$1,474$1,525$1,578$7,376
Maintenance$784$1,348$1,400$4,406$2,092$10,030
Repairs$0$0$338$806$1,178$2,322
Taxes & Fees$3,076$56$56$56$56$3,300
Financing$3,821$3,073$2,276$1,423$514$11,107
Depreciation$12,788$3,858$3,152$3,536$3,089$26,423
Fuel$3,232$3,329$3,429$3,532$3,637$17,159
True Cost to Own®$25,075$13,088$12,126$15,284$12,145$77,717

Ownership Costs: 5-Year Breakdown

Selected Model:

2019 Corvette Convertible Stingray w/2LT 2dr Convertible (6.2L 8cyl 7M)

Ownership Costs: 5-Year Breakdown
Year 1Year 2Year 3Year 4Year 5Total
Tax Credit$0$0$0$0$0$0
Insurance$1,215$1,257$1,302$1,347$1,394$6,515
Maintenance$692$1,191$1,237$3,891$1,848$8,858
Repairs$0$0$299$711$1,041$2,051
Taxes & Fees$2,716$50$50$50$50$2,915
Financing$3,375$2,714$2,010$1,257$454$9,809
Depreciation$11,294$3,407$2,784$3,123$2,729$23,337
Fuel$2,854$2,940$3,029$3,119$3,213$15,155
True Cost to Own®$22,147$11,559$10,710$13,499$10,727$68,641

Ownership Costs: 5-Year Breakdown

Selected Model:

2019 Corvette Convertible Grand Sport w/2LT 2dr Convertible (6.2L 8cyl 7M)

Ownership Costs: 5-Year Breakdown
Year 1Year 2Year 3Year 4Year 5Total
Tax Credit$0$0$0$0$0$0
Insurance$1,406$1,455$1,506$1,558$1,613$7,538
Maintenance$801$1,378$1,431$4,502$2,138$10,249
Repairs$0$0$346$823$1,204$2,373
Taxes & Fees$3,143$57$57$57$57$3,373
Financing$3,905$3,140$2,325$1,455$525$11,350
Depreciation$13,068$3,942$3,221$3,613$3,157$27,002
Fuel$3,303$3,402$3,504$3,609$3,717$17,535
True Cost to Own®$25,624$13,374$12,391$15,618$12,411$79,419

Ownership Costs: 5-Year Breakdown

Selected Model:

2019 Corvette ZR1 ZR1 w/3ZR 2dr Coupe (6.2L 8cyl S/C 7M)

Ownership Costs: 5-Year Breakdown
Year 1Year 2Year 3Year 4Year 5Total
Tax Credit$0$0$0$0$0$0
Insurance$1,456$1,507$1,560$1,614$1,670$7,807
Maintenance$829$1,427$1,482$4,663$2,214$10,615
Repairs$0$0$358$853$1,247$2,458
Taxes & Fees$3,255$59$59$59$59$3,493
Financing$4,044$3,252$2,408$1,507$544$11,755
Depreciation$13,534$4,083$3,336$3,742$3,270$27,966
Fuel$3,421$3,524$3,629$3,738$3,850$18,161
True Cost to Own®$26,539$13,852$12,834$16,176$12,854$82,256

Ownership Costs: 5-Year Breakdown

Selected Model:

2019 Corvette ZR1 ZR1 w/1ZR 2dr Coupe (6.2L 8cyl S/C 7M)

Ownership Costs: 5-Year Breakdown
Year 1Year 2Year 3Year 4Year 5Total
Tax Credit$0$0$0$0$0$0
Insurance$1,114$1,153$1,194$1,235$1,279$5,976
Maintenance$635$1,092$1,134$3,570$1,695$8,126
Repairs$0$0$274$653$955$1,881
Taxes & Fees$2,492$46$46$46$46$2,674
Financing$3,096$2,490$1,844$1,153$416$8,999
Depreciation$10,361$3,126$2,554$2,865$2,503$21,409
Fuel$2,618$2,697$2,778$2,862$2,947$13,903
True Cost to Own®$20,316$10,604$9,825$12,383$9,840$62,968

*Based on a 5-year estimate with 15,000 miles driven per year.

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True Cost To Own®

Edmunds.com's True Cost to Own® (TCO®) is proprietary data that helps you estimate the total five-year cost of buying and owning a vehicle — including some items you may not have taken into consideration. A benefit of using our TCO® tool is that you can easily compare the five-year totals for different vehicles and make a more informed choice.

The components of TCO® are depreciation, interest on financing, taxes and fees, insurance premiums, fuel, maintenance, repairs and any federal tax credit that may be available. In order to estimate certain mileage-dependent costs, we assume that vehicles will be driven 15,000 miles per year. For a used vehicle, we calculate the years the vehicle has been driven using the nominal difference between the current calendar year and the vehicle's model year, and assume that it was driven 15,000 miles during each of those years.

Note that TCO® is a comparative tool, not a predictive tool — your actual five-year cost of owning a particular vehicle will vary depending on your personal circumstances, such as your driving history and the number of miles you drive.

How We Calculate True Cost to Own®

The True Cost to Own® calculations use the following set of assumptions:

  • Ownership expenses are estimated for a five-year period
  • You will drive 15,000 miles per year
  • You are financing the vehicle using traditional financing, not lease financing
  • You have an above-average credit rating for the purpose of determining your finance rate
  • You are making a 10% down payment on the vehicle at purchase
  • Your loan term is 60 months

Using proprietary formulas, we calculate the five-year costs for the seven cost categories that make up the TCO® (depreciation, insurance, financing, taxes & fees, fuel, maintenance and repairs). We also take into account any applicable federal tax credit.

Explanation of True Cost to Own® Terms

Total Cash Price

For new vehicles, the Total Cash Price displayed is the vehicle's True Market Value® (TMV®) price plus typically equipped options, destination charge, base tax and fees assessed by your state, and, if applicable, gas guzzler tax; less any widely available manufacturer-to-customer cash rebates. (However, we do not account for other types of cash rebates or incentives because of the variability of those offers and their eligibility requirements.) For used vehicles, the Total Cash Price shown is the sum of the vehicle's Private Party TMV® price in "clean" condition plus typically equipped options, and base tax and fees assessed by your state.

Depreciation

This is the amount by which the value of a vehicle declines from its purchase price to its estimated resale value. The purchase price employed is the vehicle's Total Cash Price, minus any taxes and fees included in that amount. We estimate the resale value assuming the vehicle will be in "clean" condition, will be driven 15,000 miles per year, and will be sold to a private party.

Insurance

This is the estimated average annual insurance premium in your state. The premium has been determined based on annual premium data for defined driver profiles and coverages (liability, comprehensive and collision) from a major national insurer. While this information is specific to vehicle make, model, model year and body type, your personal information is not taken into consideration and could greatly alter the actual premium quoted by an insurer. Factors that will affect your rate include your age, marital status, credit history, driving record, and the garaging address of your vehicle.

Financing

This is the interest expense on a loan in the amount of the Total Cash Price, assuming a 10% down payment and a loan term of 60 months. The interest rate used is the prevailing rate that banks and other direct automotive lenders are currently charging consumers in your geographic region who have above average credit scores.

Note: Even if you do not finance your vehicle, the inclusion of financing cost in determining True Cost to Own® is still appropriate because it reflects the estimated "opportunity cost" (i.e., the amount you may earn) if you invest the Purchase Price instead of using it to purchase the vehicle.

Taxes & Fees

This consists of the base sales (or use) taxes, license and registration fees in your state, and gas guzzler tax if applicable. These taxes and fees are often based on a percentage of the purchase price, and generally decrease as the vehicle ages and loses its value.

Note: the state sales/use tax rate that we use includes the average local and county taxes assessed in that state.

Fuel

This expense is based on the revised EPA mileage ratings, assuming consumption consists of 45% highway and 55% city driving and that the vehicle is equipped with the transmission that is standard equipment for that vehicle. Cost estimates are based on the current one-year moving average of self-service prices in your state, using regular unleaded gasoline for vehicles whose manufacturers require regular; premium unleaded gasoline for vehicles whose manufacturers recommend or require premium; or diesel fuel for diesel vehicles.

Maintenance

This is the estimated expense of the two types of maintenance: scheduled and unscheduled. Scheduled maintenance is the performance of factory-recommended items at periodic mileage and/or calendar intervals. Unscheduled maintenance includes wheel alignment and the replacement of items such as the battery, brakes, headlamps, hoses, exhaust system parts, taillight/turn signal bulbs, tires and wiper blades/inserts. Estimated tire replacement costs are supplied to Edmunds.com by The Tire Rack, Inc.

Repairs

This is the estimated expense for repairs not covered by the vehicle manufacturer's warranties over the five years from the date of purchase, assuming 15,000 miles are driven annually. We estimate this expense based on the cost of a typical "zero deductible" extended warranty for the vehicle, minus the estimated amount of that cost that consists of the warranty provider's overhead and profit.

Federal Tax Credits

This is the tax credit that is provided for under the Energy Policy Act of 2005. A tax credit is subtracted directly from the total amount of federal tax you owe. The tax credit is for electric fuel vehicles.

The credit is only available to the original purchaser of a new, qualifying vehicle, and is subject to certain "phase out" rules that we take into consideration when computing TCO®. If a qualifying vehicle is leased to a consumer, the leasing company may claim the credit.



Edmunds Insurance Estimator

The Edmunds TCO® estimated monthly insurance payment for a 2019 Chevrolet Corvette in Virginia is:

not available
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