Younger People Aren’t Interested in the C2 Corvette: Report
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Younger People Aren’t Interested in the C2 Corvette: Report
Younger People Aren’t Interested in the C2 Corvette: Report
Some new data found that the C2 Corvette is among the least desirable vehicles among younger folks, but for a good reason.
For a very long time, the C2 Corvette has remained the apple of collectors’ eyes, a car that’s celebrated as one of the most beautiful automobiles ever produced, as well as one available with some pretty powerful engines, even by today’s lofty standards. The C2 was a true revelation, easily one of the greatest models in history, and a coveted collectible today. However, that could soon change, as the vast majority of people interested in the C2 Corvette fall in a higher age group, according to new data from Hagerty.
Recently, Hagerty decided to take a deep dive into its demographic data, which is becoming more of a thing now that many are worried future generations won’t care about classic cars the same way the rest of us do now. Turns out, younger enthusiasts are interested in cars – though not all of them, and in fact, their tastes differ a bit from older folks, which is understandable. However, for the most part, Hagerty found that the majority of young folks tend to like the same vehicles their parents do, with a few notable exceptions.
One of those is the C2 Corvette, as a whopping 73 percent of those inquiring about the car are ages 59 or older. It lagged behind only the 1946-1955 MG T-Series (82 percent) and 1961-1974 Jaguar E-Type (76 percent) in that regard, while the average enthusiast-focused vehicle fell at around 39 percent.
So why, exactly, is this the case? Hagerty points to pricing, for one, with the average C2 going for around $83k these days, which is far more than the MG but far less than the typical E-Type. We can’t blame it on age either, as interest in other cars from the 1960s remains fairly high among younger enthusiasts, with the Lincoln Continental, Chevy Impala, Ford Mustang, and Volkswagen Beetle all receiving plenty of interest from that crowd.
We also can’t say that young folks aren’t interested in Corvettes, as the later C3 from 1974-1982 and the C4 are both pretty popular among that demographic, but then again, both are also far less expensive. Thus, it seems as if the biggest barrier between young people and the C2 is its lofty price tag, which is actually good news, because it means once those folks age and have the means, they might be buying these cars, after all, keeping them alive for future generations to enjoy – though in the shorter term, this phenomenon could actually cause prices to cool off a touch.
Photos: Chevrolet