VetteFinders.com Releases Annual Corvette Price Guide
Corvette values continue to rise as most 1953-1982 models outperformed the S&P 500.
Tampa, FL (PRWEB) February 24, 2006 – VetteFinders.com, the leading provider of online Corvette classifieds and other Corvette-related services, announced today that it has released its annual Corvette Pricing Guide and has posted an analysis of the Corvette Pricing Trends from 2005 on its website, located at www.VetteFinders.com.
"2005 was another great year for Corvette owners", said Bob Kroupa of Vette-N-Vestments, data provider for the annual guide and publisher of the Corvette Market Letter. "Most of the 1953-1982 models outperformed the S&P 500 Stock Market Index. In fact, all models through 1982 showed positive appreciation results with only one showing a 'no change' designation," Kroupa said.
The top appreciation gainers include the 1955 Corvette, which grew in value over 2004’s prices by 27% and the 1969 Corvette, whose prices averaged 14% over the previous year.
"The 1955 model is special in the fact that it was the first year the V8 engine was offered in the Corvette," said Keith Cornett, VetteFinders.com President, adding "The 1969 model year is showing a lot of movement due to many highly-optioned Corvettes still available at reasonable prices."
Kroupa also said "Lets not forget the fourth generation Corvettes, 1984-1996, many of these have turned the corner and are showing positive results in average price. Prime examples include the 1990 ZR-1 and 1993 Ruby Red Anniversary Roadster, both showing a 7% appreciation factor in average price during the past year."
Data from the price guide comes from analyzing the selling prices of over 5,800 Corvettes during 2005 and then comparing the sales figures to years prior. That method has proven to be a statistically accurate measure of the Corvette Market.
Average prices for over 100 Corvette models are available online at www.VetteFinders.com. A more comprehensive guide which contains the High, Low and Average Prices, as well as the One, Two and Five Year appreciation/depreciation figures is available for purchase for $15.00 from the VetteFinders.com online store.
About VetteFinders.com
VetteFinders.com was founded in 1996 as the Internet’s first Corvette-only Classified Ads site. Today, the company offers a variety of Corvette-related services including classified ads from individuals and Corvette dealers, parts ads, a Corvette Blog, and an online store selling Corvette merchandise and accessories.
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