Used 2019 Chevrolet Corvette Cost to Own

Total 5-Year Ownership Costs

Corvette Coupe

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

True Cost to Own

$70,291*

Total Cash Price

$65,183

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

True Cost to Own

$62,863*

Total Cash Price

$54,041

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

True Cost to Own

$67,623*

Total Cash Price

$61,549

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

True Cost to Own

$65,714*

Total Cash Price

$58,470

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

True Cost to Own

$69,888*

Total Cash Price

$64,551

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

True Cost to Own

$70,634*

Total Cash Price

$67,168

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

True Cost to Own

$65,498*

Total Cash Price

$58,078

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

True Cost to Own

$68,198*

Total Cash Price

$62,445

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

True Cost to Own

$67,983*

Total Cash Price

$62,149

Corvette Z06

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

True Cost to Own

$79,622*

Total Cash Price

$74,098

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

True Cost to Own

$81,838*

Total Cash Price

$77,195

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

True Cost to Own

$80,337*

Total Cash Price

$74,882

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

True Cost to Own

$79,972*

Total Cash Price

$74,808

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

True Cost to Own

$84,516*

Total Cash Price

$82,177

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

True Cost to Own

$81,739*

Total Cash Price

$77,694

Corvette Convertible

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

True Cost to Own

$71,194*

Total Cash Price

$68,071

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

True Cost to Own

$71,010*

Total Cash Price

$66,208

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

True Cost to Own

$100,782*

Total Cash Price

$107,081

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

True Cost to Own

$68,048*

Total Cash Price

$61,419

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

True Cost to Own

$65,448*

Total Cash Price

$57,700

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

True Cost to Own

$67,461*

Total Cash Price

$61,211

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

True Cost to Own

$68,223*

Total Cash Price

$62,485

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

True Cost to Own

$68,173*

Total Cash Price

$62,022

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

True Cost to Own

$68,858*

Total Cash Price

$63,408

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

True Cost to Own

$67,546*

Total Cash Price

$61,061

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

True Cost to Own

$105,639*

Total Cash Price

$114,922

Corvette ZR1

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

True Cost to Own

$100,019*

Total Cash Price

$105,853

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

True Cost to Own

$103,448*

Total Cash Price

$111,386

Ownership Costs: 5-Year Total

Depreciation

$25,129

Taxes & Fees

$3,599

Financing

$11,850

Fuel

$12,064

Insurance

$5,437

Repairs

$3,695

Maintenance

$8,517

Ownership Costs: 5-Year Breakdown

Selected Model:

2019 Corvette Coupe Grand Sport 2dr Coupe w/2LT (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$1,055$1,086$1,119$1,153$5,437
Maintenance$719$543$3,232$1,088$2,935$8,517
Repairs$237$561$821$958$1,118$3,695
Taxes & Fees$3,435$41$41$41$41$3,599
Financing$4,054$3,274$2,435$1,531$556$11,850
Depreciation$8,348$4,817$4,319$3,970$3,675$25,129
Fuel$2,272$2,340$2,411$2,483$2,558$12,064
True Cost to Own®$20,089$12,631$14,345$11,190$12,036$70,291

Ownership Costs: 5-Year Breakdown

Selected Model:

2019 Corvette Coupe Stingray 2dr Coupe w/1LT (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$1,034$1,065$1,097$1,130$5,330
Maintenance$719$543$2,815$1,088$2,935$8,100
Repairs$237$561$821$958$1,118$3,695
Taxes & Fees$2,856$41$41$41$41$3,020
Financing$3,361$2,715$2,018$1,269$461$9,824
Depreciation$6,920$3,993$3,580$3,291$3,046$20,830
Fuel$2,272$2,340$2,411$2,483$2,558$12,064
True Cost to Own®$17,369$11,227$12,751$10,227$11,289$62,863

Ownership Costs: 5-Year Breakdown

Selected Model:

2019 Corvette Coupe Stingray Z51 2dr Coupe w/3LT (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$1,055$1,086$1,119$1,153$5,437
Maintenance$719$543$2,815$1,088$2,935$8,100
Repairs$237$561$821$958$1,118$3,695
Taxes & Fees$3,246$41$41$41$41$3,410
Financing$3,828$3,092$2,299$1,445$525$11,189
Depreciation$7,883$4,548$4,078$3,749$3,470$23,728
Fuel$2,272$2,340$2,411$2,483$2,558$12,064
True Cost to Own®$19,209$12,180$13,551$10,883$11,800$67,623

Ownership Costs: 5-Year Breakdown

Selected Model:

2019 Corvette Coupe Stingray Z51 2dr Coupe w/1LT (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$1,055$1,086$1,119$1,153$5,437
Maintenance$719$543$2,815$1,088$2,935$8,100
Repairs$237$561$821$958$1,118$3,695
Taxes & Fees$3,086$41$41$41$41$3,250
Financing$3,636$2,938$2,184$1,373$498$10,629
Depreciation$7,488$4,320$3,874$3,561$3,296$22,539
Fuel$2,272$2,340$2,411$2,483$2,558$12,064
True Cost to Own®$18,462$11,798$13,232$10,623$11,599$65,714

Ownership Costs: 5-Year Breakdown

Selected Model:

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

Ownership Costs: 5-Year Breakdown
Year 1Year 2Year 3Year 4Year 5Total
Tax Credit$0$0$0$0$0$0
Insurance$1,022$1,053$1,084$1,117$1,150$5,426
Maintenance$719$543$3,232$1,088$2,935$8,517
Repairs$237$561$821$958$1,118$3,695
Taxes & Fees$3,402$41$41$41$41$3,566
Financing$4,014$3,243$2,412$1,515$551$11,735
Depreciation$8,267$4,770$4,277$3,932$3,639$24,885
Fuel$2,272$2,340$2,411$2,483$2,558$12,064
True Cost to Own®$19,933$12,551$14,278$11,134$11,992$69,888

Ownership Costs: 5-Year Breakdown

Selected Model:

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

Ownership Costs: 5-Year Breakdown
Year 1Year 2Year 3Year 4Year 5Total
Tax Credit$0$0$0$0$0$0
Insurance$857$883$909$936$965$4,550
Maintenance$719$543$3,232$1,088$2,935$8,517
Repairs$237$561$821$958$1,118$3,695
Taxes & Fees$3,538$41$41$41$41$3,702
Financing$4,177$3,374$2,510$1,577$573$12,211
Depreciation$8,603$4,963$4,451$4,091$3,787$25,895
Fuel$2,272$2,340$2,411$2,483$2,558$12,064
True Cost to Own®$20,403$12,705$14,375$11,174$11,977$70,634

Ownership Costs: 5-Year Breakdown

Selected Model:

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

Ownership Costs: 5-Year Breakdown
Year 1Year 2Year 3Year 4Year 5Total
Tax Credit$0$0$0$0$0$0
Insurance$1,029$1,060$1,092$1,124$1,158$5,463
Maintenance$719$543$2,815$1,088$2,935$8,100
Repairs$237$561$821$958$1,118$3,695
Taxes & Fees$3,066$41$41$41$41$3,230
Financing$3,612$2,917$2,170$1,364$495$10,558
Depreciation$7,438$4,291$3,848$3,537$3,274$22,388
Fuel$2,272$2,340$2,411$2,483$2,558$12,064
True Cost to Own®$18,373$11,753$13,198$10,595$11,579$65,498

Ownership Costs: 5-Year Breakdown

Selected Model:

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

Ownership Costs: 5-Year Breakdown
Year 1Year 2Year 3Year 4Year 5Total
Tax Credit$0$0$0$0$0$0
Insurance$1,028$1,059$1,091$1,123$1,157$5,458
Maintenance$719$543$2,815$1,088$2,935$8,100
Repairs$237$561$821$958$1,118$3,695
Taxes & Fees$3,293$41$41$41$41$3,457
Financing$3,883$3,137$2,333$1,467$532$11,352
Depreciation$7,997$4,614$4,137$3,804$3,520$24,072
Fuel$2,272$2,340$2,411$2,483$2,558$12,064
True Cost to Own®$19,429$12,295$13,649$10,964$11,861$68,198

Ownership Costs: 5-Year Breakdown

Selected Model:

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

Ownership Costs: 5-Year Breakdown
Year 1Year 2Year 3Year 4Year 5Total
Tax Credit$0$0$0$0$0$0
Insurance$1,022$1,053$1,084$1,117$1,150$5,426
Maintenance$719$543$2,815$1,088$2,935$8,100
Repairs$237$561$821$958$1,118$3,695
Taxes & Fees$3,277$41$41$41$41$3,441
Financing$3,865$3,122$2,322$1,459$530$11,298
Depreciation$7,959$4,592$4,118$3,786$3,504$23,959
Fuel$2,272$2,340$2,411$2,483$2,558$12,064
True Cost to Own®$19,351$12,252$13,612$10,932$11,836$67,983

Ownership Costs: 5-Year Breakdown

Selected Model:

2019 Corvette Z06 Z06 2dr Coupe w/1LZ (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$1,188$1,224$1,260$1,298$1,337$6,307
Maintenance$1,047$734$3,761$1,096$3,176$9,814
Repairs$249$595$870$1,015$1,185$3,914
Taxes & Fees$3,898$41$41$41$41$4,062
Financing$4,608$3,723$2,768$1,740$631$13,470
Depreciation$9,491$5,476$4,910$4,514$4,178$28,569
Fuel$2,540$2,616$2,695$2,776$2,859$13,486
True Cost to Own®$23,021$14,409$16,305$12,480$13,407$79,622

Ownership Costs: 5-Year Breakdown

Selected Model:

2019 Corvette Z06 Z06 2dr Coupe w/3LZ (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$1,244$1,281$1,320$1,359$1,400$6,604
Maintenance$1,047$734$3,761$1,096$3,176$9,814
Repairs$249$595$870$1,015$1,185$3,914
Taxes & Fees$4,059$41$41$41$41$4,223
Financing$4,801$3,878$2,884$1,812$658$14,033
Depreciation$9,888$5,705$5,116$4,703$4,352$29,764
Fuel$2,540$2,616$2,695$2,776$2,859$13,486
True Cost to Own®$23,828$14,850$16,687$12,802$13,671$81,838

Ownership Costs: 5-Year Breakdown

Selected Model:

2019 Corvette Z06 Z06 2dr Coupe w/2LZ (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$1,231$1,268$1,306$1,345$1,386$6,536
Maintenance$1,047$734$3,761$1,096$3,176$9,814
Repairs$249$595$870$1,015$1,185$3,914
Taxes & Fees$3,939$41$41$41$41$4,103
Financing$4,657$3,762$2,797$1,758$639$13,613
Depreciation$9,591$5,534$4,962$4,562$4,222$28,871
Fuel$2,540$2,616$2,695$2,776$2,859$13,486
True Cost to Own®$23,254$14,550$16,432$12,593$13,508$80,337

Ownership Costs: 5-Year Breakdown

Selected Model:

2019 Corvette Z06 Z06 2dr Convertible w/1LZ (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$1,171$1,206$1,242$1,280$1,318$6,217
Maintenance$1,047$734$3,761$1,096$3,176$9,814
Repairs$249$595$870$1,015$1,185$3,914
Taxes & Fees$3,935$41$41$41$41$4,099
Financing$4,652$3,758$2,795$1,757$638$13,600
Depreciation$9,582$5,528$4,957$4,557$4,218$28,842
Fuel$2,540$2,616$2,695$2,776$2,859$13,486
True Cost to Own®$23,176$14,478$16,361$12,522$13,435$79,972

Ownership Costs: 5-Year Breakdown

Selected Model:

2019 Corvette Z06 Z06 2dr Convertible w/3LZ (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$1,167$1,202$1,238$1,275$1,313$6,195
Maintenance$1,047$734$3,761$1,096$3,176$9,814
Repairs$249$595$870$1,015$1,185$3,914
Taxes & Fees$4,318$41$41$41$41$4,482
Financing$5,110$4,129$3,070$1,929$701$14,939
Depreciation$10,527$6,073$5,446$5,006$4,634$31,686
Fuel$2,540$2,616$2,695$2,776$2,859$13,486
True Cost to Own®$24,958$15,390$17,121$13,138$13,909$84,516

Ownership Costs: 5-Year Breakdown

Selected Model:

2019 Corvette Z06 Z06 2dr Convertible w/2LZ (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$1,167$1,202$1,238$1,275$1,313$6,195
Maintenance$1,047$734$3,761$1,096$3,176$9,814
Repairs$249$595$870$1,015$1,185$3,914
Taxes & Fees$4,085$41$41$41$41$4,249
Financing$4,832$3,903$2,902$1,825$662$14,124
Depreciation$9,952$5,742$5,149$4,733$4,381$29,957
Fuel$2,540$2,616$2,695$2,776$2,859$13,486
True Cost to Own®$23,872$14,833$16,656$12,761$13,617$81,739

Ownership Costs: 5-Year Breakdown

Selected Model:

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

Ownership Costs: 5-Year Breakdown
Year 1Year 2Year 3Year 4Year 5Total
Tax Credit$0$0$0$0$0$0
Insurance$857$883$909$936$965$4,550
Maintenance$719$543$3,232$1,088$2,935$8,517
Repairs$237$561$821$958$1,118$3,695
Taxes & Fees$3,585$41$41$41$41$3,749
Financing$4,233$3,420$2,543$1,598$581$12,375
Depreciation$8,719$5,030$4,511$4,146$3,838$26,244
Fuel$2,272$2,340$2,411$2,483$2,558$12,064
True Cost to Own®$20,622$12,818$14,468$11,250$12,036$71,194

Ownership Costs: 5-Year Breakdown

Selected Model:

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

Ownership Costs: 5-Year Breakdown
Year 1Year 2Year 3Year 4Year 5Total
Tax Credit$0$0$0$0$0$0
Insurance$1,040$1,071$1,103$1,136$1,171$5,521
Maintenance$719$543$3,232$1,088$2,935$8,517
Repairs$237$561$821$958$1,118$3,695
Taxes & Fees$3,488$41$41$41$41$3,652
Financing$4,117$3,326$2,474$1,555$564$12,036
Depreciation$8,480$4,892$4,387$4,033$3,733$25,525
Fuel$2,272$2,340$2,411$2,483$2,558$12,064
True Cost to Own®$20,353$12,774$14,469$11,294$12,120$71,010

Ownership Costs: 5-Year Breakdown

Selected Model:

2019 Corvette Convertible ZR1 2dr Convertible w/1ZR (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$983$1,012$1,043$1,074$1,106$5,218
Maintenance$1,047$734$3,770$1,096$3,176$9,823
Repairs$249$595$870$1,015$1,185$3,914
Taxes & Fees$5,612$41$41$41$41$5,776
Financing$6,659$5,380$4,000$2,514$914$19,467
Depreciation$13,719$7,915$7,097$6,525$6,039$41,295
Fuel$2,880$2,966$3,055$3,147$3,241$15,289
True Cost to Own®$31,149$18,643$19,876$15,412$15,702$100,782

Ownership Costs: 5-Year Breakdown

Selected Model:

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

Ownership Costs: 5-Year Breakdown
Year 1Year 2Year 3Year 4Year 5Total
Tax Credit$0$0$0$0$0$0
Insurance$1,041$1,072$1,104$1,138$1,172$5,527
Maintenance$719$543$3,232$1,088$2,935$8,517
Repairs$237$561$821$958$1,118$3,695
Taxes & Fees$3,239$41$41$41$41$3,403
Financing$3,820$3,085$2,295$1,442$524$11,166
Depreciation$7,866$4,538$4,069$3,741$3,462$23,676
Fuel$2,272$2,340$2,411$2,483$2,558$12,064
True Cost to Own®$19,194$12,180$13,973$10,891$11,810$68,048

Ownership Costs: 5-Year Breakdown

Selected Model:

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

Ownership Costs: 5-Year Breakdown
Year 1Year 2Year 3Year 4Year 5Total
Tax Credit$0$0$0$0$0$0
Insurance$1,032$1,063$1,095$1,128$1,162$5,480
Maintenance$719$543$2,983$1,088$2,935$8,268
Repairs$237$561$821$958$1,118$3,695
Taxes & Fees$3,046$41$41$41$41$3,210
Financing$3,588$2,899$2,156$1,354$492$10,489
Depreciation$7,389$4,263$3,823$3,514$3,253$22,242
Fuel$2,272$2,340$2,411$2,483$2,558$12,064
True Cost to Own®$18,283$11,710$13,330$10,566$11,559$65,448

Ownership Costs: 5-Year Breakdown

Selected Model:

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

Ownership Costs: 5-Year Breakdown
Year 1Year 2Year 3Year 4Year 5Total
Tax Credit$0$0$0$0$0$0
Insurance$1,033$1,064$1,096$1,129$1,163$5,485
Maintenance$719$543$2,815$1,088$2,935$8,100
Repairs$237$561$821$958$1,118$3,695
Taxes & Fees$3,228$41$41$41$41$3,392
Financing$3,807$3,075$2,286$1,438$522$11,128
Depreciation$7,839$4,523$4,056$3,728$3,451$23,597
Fuel$2,272$2,340$2,411$2,483$2,558$12,064
True Cost to Own®$19,135$12,147$13,526$10,865$11,788$67,461

Ownership Costs: 5-Year Breakdown

Selected Model:

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

Ownership Costs: 5-Year Breakdown
Year 1Year 2Year 3Year 4Year 5Total
Tax Credit$0$0$0$0$0$0
Insurance$1,028$1,059$1,091$1,123$1,157$5,458
Maintenance$719$543$2,815$1,088$2,935$8,100
Repairs$237$561$821$958$1,118$3,695
Taxes & Fees$3,295$41$41$41$41$3,459
Financing$3,886$3,139$2,334$1,467$533$11,359
Depreciation$8,002$4,617$4,140$3,806$3,523$24,088
Fuel$2,272$2,340$2,411$2,483$2,558$12,064
True Cost to Own®$19,439$12,300$13,653$10,966$11,865$68,223

Ownership Costs: 5-Year Breakdown

Selected Model:

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

Ownership Costs: 5-Year Breakdown
Year 1Year 2Year 3Year 4Year 5Total
Tax Credit$0$0$0$0$0$0
Insurance$1,041$1,072$1,104$1,138$1,172$5,527
Maintenance$719$543$2,983$1,088$2,935$8,268
Repairs$237$561$821$958$1,118$3,695
Taxes & Fees$3,271$41$41$41$41$3,435
Financing$3,857$3,116$2,317$1,456$529$11,275
Depreciation$7,943$4,583$4,109$3,778$3,496$23,909
Fuel$2,272$2,340$2,411$2,483$2,558$12,064
True Cost to Own®$19,340$12,256$13,786$10,942$11,849$68,173

Ownership Costs: 5-Year Breakdown

Selected Model:

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

Ownership Costs: 5-Year Breakdown
Year 1Year 2Year 3Year 4Year 5Total
Tax Credit$0$0$0$0$0$0
Insurance$1,040$1,071$1,103$1,136$1,171$5,521
Maintenance$719$543$2,815$1,088$2,935$8,100
Repairs$237$561$821$958$1,118$3,695
Taxes & Fees$3,343$41$41$41$41$3,507
Financing$3,943$3,186$2,368$1,489$541$11,527
Depreciation$8,121$4,685$4,201$3,862$3,575$24,444
Fuel$2,272$2,340$2,411$2,483$2,558$12,064
True Cost to Own®$19,675$12,427$13,760$11,057$11,939$68,858

Ownership Costs: 5-Year Breakdown

Selected Model:

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

Ownership Costs: 5-Year Breakdown
Year 1Year 2Year 3Year 4Year 5Total
Tax Credit$0$0$0$0$0$0
Insurance$1,035$1,066$1,098$1,131$1,165$5,495
Maintenance$719$543$2,983$1,088$2,935$8,268
Repairs$237$561$821$958$1,118$3,695
Taxes & Fees$3,221$41$41$41$41$3,385
Financing$3,797$3,068$2,281$1,434$520$11,100
Depreciation$7,820$4,512$4,046$3,719$3,442$23,539
Fuel$2,272$2,340$2,411$2,483$2,558$12,064
True Cost to Own®$19,101$12,131$13,681$10,854$11,779$67,546

Ownership Costs: 5-Year Breakdown

Selected Model:

2019 Corvette Convertible ZR1 2dr Convertible w/3ZR (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$983$1,012$1,043$1,074$1,106$5,218
Maintenance$1,047$734$3,770$1,096$3,176$9,823
Repairs$249$595$870$1,015$1,185$3,914
Taxes & Fees$6,019$41$41$41$41$6,183
Financing$7,147$5,773$4,293$2,699$980$20,892
Depreciation$14,724$8,495$7,617$7,003$6,481$44,320
Fuel$2,880$2,966$3,055$3,147$3,241$15,289
True Cost to Own®$33,049$19,616$20,689$16,075$16,210$105,639

Ownership Costs: 5-Year Breakdown

Selected Model:

2019 Corvette ZR1 ZR1 2dr Coupe w/1ZR (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$983$1,012$1,043$1,074$1,106$5,218
Maintenance$1,047$734$3,770$1,096$3,176$9,823
Repairs$249$595$870$1,015$1,185$3,914
Taxes & Fees$5,548$41$41$41$41$5,712
Financing$6,583$5,318$3,954$2,486$902$19,243
Depreciation$13,561$7,824$7,016$6,450$5,969$40,820
Fuel$2,880$2,966$3,055$3,147$3,241$15,289
True Cost to Own®$30,851$18,490$19,749$15,309$15,620$100,019

Ownership Costs: 5-Year Breakdown

Selected Model:

2019 Corvette ZR1 ZR1 2dr Coupe w/3ZR (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$983$1,012$1,043$1,074$1,106$5,218
Maintenance$1,047$734$3,770$1,096$3,176$9,823
Repairs$249$595$870$1,015$1,185$3,914
Taxes & Fees$5,835$41$41$41$41$5,999
Financing$6,927$5,596$4,161$2,615$950$20,249
Depreciation$14,270$8,234$7,383$6,787$6,282$42,956
Fuel$2,880$2,966$3,055$3,147$3,241$15,289
True Cost to Own®$32,191$19,178$20,323$15,775$15,981$103,448

*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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