What Age Group Buys Corvettes?

What Age Groups Buy Corvettes

So, what age group buys Corvettes?  When it comes to flashy sports cars, the Corvette is one of the most iconic and recognizable vehicles on the road.

For many car enthusiasts, owning a Corvette is a dream come true, but what age group is most likely to make that dream a reality?

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Which age groups tend to buy Corvettes?

First things first, it’s important to note that the Corvette has been around since 1953, so it’s been popular among car enthusiasts for decades. However, over the years, the demographic of Corvette buyers has changed.

Which Age Groups Tend To Buy Corvettes

According to a study conducted by IHS Automotive, the average age of a Corvette buyer in 2015 was 59 years old. This was up from the average age of 54 in 2006, indicating that the buyers of Corvettes are generally getting older.

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One of the reasons for this shift in demographics may be due to the fact that Corvettes are becoming more expensive. As the price of a new Corvette has increased over the years, younger buyers may not be able to afford the hefty price tag.

Additionally, as baby boomers are reaching retirement age and may have more disposable income, they may be more likely to splurge on a luxury sports car like a Corvette.

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That being said, there are still younger buyers out there who are purchasing Corvettes. The same IHS Automotive study found that the largest age group of Corvette buyers in 2015 was actually the 50-59 age range, closely followed by the 60-69 age range.

However, the 40-49 age range was not far behind, indicating that there are still plenty of middle-aged buyers who are interested in owning a Corvette.

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It’s worth noting that the age demographics of Corvette buyers can also vary depending on the specific model.

For example, the Corvette Stingray tends to attract a younger demographic, with an average buyer age of 46. Meanwhile, the Corvette Z06 tends to be more popular among older buyers, with an average age of 60.

Corvette Z06

While the average age of a Corvette buyer is on the older side, there are still plenty of middle-aged buyers out there who are interested in owning this iconic sports car.

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As the price of new Corvettes continues to rise, it will be interesting to see if this trend continues or if younger buyers will find ways to afford the luxury vehicle.

Regardless of age, there’s no denying that the Corvette is a beloved and iconic car that has captured the hearts of car enthusiasts for generations.

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Peace …

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