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2010 Chevrolet Corvette Grand Sport

2010 Chevrolet Corvette Grand SportClick Photo To Enlarge

PRICING DETAILS

Invoice: $49,840

Retail: $54,770

Target Price: $52,283

COST OF OWNERSHIP: $54,287

VALUE RATING

EXPLAIN THIS
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Cost of Ownership

Depreciation $24,190
Financing $7,692
Insurance $5,408
State Fees $511
Fuel $10,503
Maintenance (Detailed Breakdown)$5,384
Repair $611
Gas Guzzler Tax None
Hybrid Tax Credit None
Total 5-Year Ownership Costs $54,287
INTELLICHOICE VALUE RATING
Vehicle Class Sports Car
Total 5-Year Ownership Costs $54,287
5-Year Cost of Ownership for Similar Vehicles $65,017
Difference in Cost of Ownership -$10,730
Overall Value Rating: Model Line Excellent
Overall Value Rating: This Vehicle Excellent

Ownership costs are the costs to purchase and operate a vehicle over a period of time. Understanding these costs can save you money and help you make a wiser financial decision when it comes time to select a vehicle.

Regardless of the "value" claims that you may read in car reviews or hear in ads, a vehicle's economic value is based on how much it will cost to own and operate compared to its purchase price. In a sense, purchase price is "what you pay" and the ownership costs are "what you get." The less you pay for what you get the better off you are.

Ownership costs can differ greatly. The cost to own and operate two different vehicles with equal purchase prices can differ by thousands. Of course when evaluating ownership cost for used cars and trucks, a vehicle's condition and mileage will greatly impact ownership costs, therefore it's important to compare similar vehicles in similar condition for an accurate picture.

IntelliChoice releases its final analysis for the current model year, annually each January. For additional comparative information you may wish to review the other Sports Car category winners for this year. The ownership costs for early release new model year vehicles is estimated, with ratings and Best Overall Value winners not available until complete data can be compiled.

IntelliChoice also updates the Best Deals results each month in order to capture the many expiring rebates and ongoing programs, current pricing, and market conditions, giving the consumer the most up-to-date data analysis.