Used 2020 Chevrolet Corvette Cost to Own
Total 5-Year Ownership Costs
Corvette Coupe
Stingray 2dr Coupe w/3LT (6.2L 8cyl 8AM)
True Cost to Own
$65,400*
Total Cash Price
$47,041
Stingray 2dr Coupe w/2LT (6.2L 8cyl 8AM)
True Cost to Own
$65,787*
Total Cash Price
$47,843
Stingray 2dr Coupe w/1LT (6.2L 8cyl 8AM)
True Cost to Own
$64,656*
Total Cash Price
$45,355
Corvette Convertible
Stingray 2dr Convertible w/3LT (6.2L 8cyl 8AM)
True Cost to Own
$66,850*
Total Cash Price
$47,868
Stingray 2dr Convertible w/2LT (6.2L 8cyl 8AM)
True Cost to Own
$66,120*
Total Cash Price
$49,524
Stingray 2dr Convertible w/1LT (6.2L 8cyl 8AM)
True Cost to Own
$66,261*
Total Cash Price
$45,687
Depreciation
$18,399
Taxes & Fees
$3,221
Financing
$8,251
Fuel
$17,216
Insurance
$5,278
Repairs
$5,340
Maintenance
$7,695
Ownership Costs: 5-Year Breakdown
2020 Corvette Coupe Stingray 2dr Coupe w/3LT (6.2L 8cyl 8AM)
Year 1 | Year 2 | Year 3 | Year 4 | Year 5 | Total | |
---|---|---|---|---|---|---|
Insurance | $994 | $1,024 | $1,055 | $1,086 | $1,119 | $5,278 |
Maintenance | $987 | $1,539 | $433 | $2,923 | $1,813 | $7,695 |
Repairs | $774 | $900 | $1,045 | $1,212 | $1,409 | $5,340 |
Taxes & Fees | $3,081 | $35 | $35 | $35 | $35 | $3,221 |
Financing | $2,826 | $2,281 | $1,694 | $1,064 | $386 | $8,251 |
Depreciation | $6,915 | $4,597 | $3,118 | $2,446 | $1,323 | $18,399 |
Fuel | $3,243 | $3,340 | $3,440 | $3,543 | $3,650 | $17,216 |
True Cost to Own® | $18,820 | $13,716 | $10,820 | $12,309 | $9,735 | $65,400 |
2020 Corvette Coupe Stingray 2dr Coupe w/2LT (6.2L 8cyl 8AM)
Year 1 | Year 2 | Year 3 | Year 4 | Year 5 | Total | |
---|---|---|---|---|---|---|
Insurance | $1,006 | $1,036 | $1,067 | $1,099 | $1,132 | $5,340 |
Maintenance | $987 | $1,539 | $433 | $2,923 | $1,813 | $7,695 |
Repairs | $774 | $900 | $1,045 | $1,212 | $1,409 | $5,340 |
Taxes & Fees | $3,133 | $35 | $35 | $35 | $35 | $3,273 |
Financing | $2,875 | $2,319 | $1,723 | $1,082 | $392 | $8,391 |
Depreciation | $7,663 | $4,160 | $2,812 | $2,376 | $1,521 | $18,532 |
Fuel | $3,243 | $3,340 | $3,440 | $3,543 | $3,650 | $17,216 |
True Cost to Own® | $19,681 | $13,329 | $10,555 | $12,270 | $9,952 | $65,787 |
2020 Corvette Coupe Stingray 2dr Coupe w/1LT (6.2L 8cyl 8AM)
Year 1 | Year 2 | Year 3 | Year 4 | Year 5 | Total | |
---|---|---|---|---|---|---|
Insurance | $980 | $1,009 | $1,040 | $1,071 | $1,103 | $5,203 |
Maintenance | $987 | $1,539 | $433 | $2,923 | $1,813 | $7,695 |
Repairs | $774 | $900 | $1,045 | $1,212 | $1,409 | $5,340 |
Taxes & Fees | $2,972 | $35 | $35 | $35 | $35 | $3,112 |
Financing | $2,725 | $2,199 | $1,633 | $1,026 | $372 | $7,955 |
Depreciation | $7,676 | $4,644 | $1,593 | $1,865 | $2,357 | $18,135 |
Fuel | $3,243 | $3,340 | $3,440 | $3,543 | $3,650 | $17,216 |
True Cost to Own® | $19,357 | $13,666 | $9,219 | $11,675 | $10,739 | $64,656 |
2020 Corvette Convertible Stingray 2dr Convertible w/3LT (6.2L 8cyl 8AM)
Year 1 | Year 2 | Year 3 | Year 4 | Year 5 | Total | |
---|---|---|---|---|---|---|
Insurance | $1,025 | $1,056 | $1,087 | $1,120 | $1,154 | $5,442 |
Maintenance | $987 | $1,539 | $433 | $2,923 | $1,813 | $7,695 |
Repairs | $774 | $900 | $1,045 | $1,212 | $1,409 | $5,340 |
Taxes & Fees | $3,135 | $35 | $35 | $35 | $35 | $3,275 |
Financing | $2,876 | $2,321 | $1,724 | $1,082 | $393 | $8,396 |
Depreciation | $6,048 | $3,547 | $2,885 | $3,635 | $3,371 | $19,486 |
Fuel | $3,243 | $3,340 | $3,440 | $3,543 | $3,650 | $17,216 |
True Cost to Own® | $18,088 | $12,738 | $10,649 | $13,550 | $11,825 | $66,850 |
2020 Corvette Convertible Stingray 2dr Convertible w/2LT (6.2L 8cyl 8AM)
Year 1 | Year 2 | Year 3 | Year 4 | Year 5 | Total | |
---|---|---|---|---|---|---|
Insurance | $1,018 | $1,049 | $1,080 | $1,112 | $1,146 | $5,405 |
Maintenance | $987 | $1,539 | $433 | $2,923 | $1,813 | $7,695 |
Repairs | $774 | $900 | $1,045 | $1,212 | $1,409 | $5,340 |
Taxes & Fees | $3,242 | $35 | $35 | $35 | $35 | $3,382 |
Financing | $2,976 | $2,401 | $1,783 | $1,120 | $406 | $8,686 |
Depreciation | $6,165 | $4,188 | $2,806 | $2,809 | $2,428 | $18,396 |
Fuel | $3,243 | $3,340 | $3,440 | $3,543 | $3,650 | $17,216 |
True Cost to Own® | $18,405 | $13,452 | $10,622 | $12,754 | $10,887 | $66,120 |
2020 Corvette Convertible Stingray 2dr Convertible w/1LT (6.2L 8cyl 8AM)
Year 1 | Year 2 | Year 3 | Year 4 | Year 5 | Total | |
---|---|---|---|---|---|---|
Insurance | $1,013 | $1,043 | $1,075 | $1,107 | $1,140 | $5,378 |
Maintenance | $987 | $1,539 | $433 | $2,923 | $1,813 | $7,695 |
Repairs | $774 | $900 | $1,045 | $1,212 | $1,409 | $5,340 |
Taxes & Fees | $2,993 | $35 | $35 | $35 | $35 | $3,133 |
Financing | $2,745 | $2,215 | $1,645 | $1,033 | $375 | $8,013 |
Depreciation | $8,048 | $4,871 | $2,117 | $2,484 | $1,966 | $19,486 |
Fuel | $3,243 | $3,340 | $3,440 | $3,543 | $3,650 | $17,216 |
True Cost to Own® | $19,803 | $13,943 | $9,790 | $12,337 | $10,388 | $66,261 |
*Based on a 5-year estimate with 15,000 miles driven per year.
Shop nowLearn about the 2020 CorvetteTrue 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.