By KBB Editors
Updated December 23, 2019
Whether you’re a long-time Corvette enthusiast or never considered one before, if a brutally fast yet civilized two-seater tops your want list, and this best-ever ultimate high-performance Corvette is within your reach, you can’t go wrong with the 2008.
If your needs include an occasional back seat and/or a prestige German brand name, you may be happier in a BMW M5, a Mercedes AMG or a Porsche 911 Carrera. Or you might prefer Dodge’s more powerful but more expensive and less refined Viper, or the coming 620-horsepower 2009 Corvette ZR1.
Mid-cycle upgrades and improvements for 2008 include a host of exterior and interior refinements that raise all Corvettes’ levels of luxury and craftsmanship.
Since the 1997 C5 (fifth generation) models, most agree that Chevrolet’s Corvette has evolved into the world’s best sports car anywhere near its relatively affordable price. It got even better with the C6 generation and better still with substantial upgrades for 2008, and today’s ultra-performance Z06 model is the fastest, most powerful and most technologically advanced production Corvette in the car’s 55-year history. Measured in terms of performance value — capability vs. price — it is easily the best high-performance sports car value on the market.
2008 Chevrolet Corvette pricing starts at $22,722 for the Corvette Coupe 2D, which had a starting MSRP of $51,940 when new. The range-topping 2008 Corvette Z06 Coupe 2D starts at $35,525 today, originally priced from $75,370.
Original MSRP | KBB Fair Purchase Price (national avg.) | |||
---|---|---|---|---|
$51,940 | $22,722 | |||
$60,415 | $22,594 | |||
$75,370 | $35,525 |
The Kelley Blue Book Fair Purchase Price for any individual used vehicle can vary greatly according to mileage, condition, location, and other factors. The prices here reflect what buyers are currently paying for used 2008 Chevrolet Corvette models in typical condition when purchasing from a dealership. These prices are updated weekly.
The 2008 Chevrolet Corvette Z06 is a well-refined car of extraordinary capabilities that can be comfortably driven every day, but its stunning performance is best experienced on a track. It can rocket from zero to 60 mph in 3.7 seconds, in first gear — which is certainly not recommended on public roads. With a professional driver it is capable of cornering at over 1.0-g lateral acceleration (or cornering force) and stopping from 60 mph in just slightly over 110 feet. Its top speed (on a speed-unlimited section of German Autobahn) has been measured at 198 mph. Its firm yet surprisingly supple suspension rolls on 275/35ZR18 front tires on 18 x 9.5-inch aluminum wheels and 325/30ZR19 rear tires on 19 x 12-inchers — the largest wheel and tire combination ever on a Corvette. Its four-wheel disc brakes are huge 14-inch vented, cross-drilled rotors with red-painted six-piston calipers with six individual brake pads in front, and 13.4-inch vented, cross-drilled rotors with four-piston calipers with four individual pads in the rear. And both its steering and shifting feel and precision are much improved for 2008.
For all its racer-like performance, the Z06 is designed to serve as a comfortable daily driver. As in all 2008 Corvettes, there’s a new wrapped console trim plate with bright surrounds for the shifter and cupholder. The instrument panel and doors are trimmed in faux padded leather, and high-quality materials, functionality and craftsmanship are apparent throughout. There’s a Z06 logo on the 7000-rpm-redline tachometer and the oil pressure gauge reflects the dry-sump oiling system’s higher pressures. The two-tone leather seats have contrasting stitching and embroidered Z06 logos.
The Z06’s aerodynamic shape draws from Corvette racing experience, where high-speed stability and cornering are paramount. The low splitter under the wide-mouth grille provides stabilizing front downforce, while the elevated rear spoiler (like a racer’s rear wing) holds the rear end tight to the pavement. Other exterior features that set the Z06 apart from standard Corvettes include a functional cool-air scoop ahead of the hood, large air extractors behind the front wheels, wide flared fenders over the huge 19-inch rear tires and rear brake cooling scoops.
Carbon Fiber Fenders and Aluminum Structure
Lightness is critical for a sports car, and Chevy’s Z06 benefits from numerous weight-reduction measures to enhance its performance. Two major technological features that contribute to this light weight are carbon-fiber fenders and one-piece hydroformed aluminum perimeter frame rails with cast aluminum suspension nodes, which replace welded steel components on other Corvettes.
7.0-liter LS7 V8
It cranks out a muscular yet civilized 505 horsepower and 470 pound-feet of tire-shredding torque. Its reciprocating components use racing-derived lightweight technology to boost both power and rpm capability, and its "dry-sump" oiling system keeps it fully lubricated during high cornering loads.
All 2008 Chevrolet Corvette Z06s boast standard features that were previously optional, including high-intensity discharge headlamps, fog lamps, leather seating, dual-zone air conditioning with cabin air filtration and a head-up display (HUD) with track mode and g-meter. Also standard are oil, transmission and rear-axle coolers, power heated outside mirrors, a six-way power driver’s seat, GM OnStar with available Turn-By-Turn Navigation, AM/FM audio with CD player and audio input jack, XM Satellite Radio and a new keyless access fob with integrated key. Standard safety features include four-channel ABS brakes, "active handling" stability control with a "competitive" driving mode and advanced front airbags.
Major options include Bose premium audio with in-dash six-CD changer, Z06-specific chrome or polished gray wheels, a power telescoping steering wheel, heated seats, side-impact airbags, GPS navigation and universal home remote. All 2008 Corvettes offer a new custom two-tone leather-wrapped interior package, a Preferred Equipment Group combines all of the above and Personal Audio Link is available as a dealer-installed option with navigation.
The Z06’s 7.0-liter V-8 reintroduces 427 cubic-inches of displacement to the Corvette, but it’s the latest high-performance iteration of Chevy’s legendary "small block," not a much larger, heavier "big-block" as in early Corvettes. Race engine-like details include dry-sump lubrication, titanium connecting rods, forged steel crankshaft and main bearing caps, 11.0:1 compression ratio and CNC-ported aluminum cylinder heads with titanium intake and sodium-filled exhaust valves. A single-mass flywheel and a lightweight, high-capacity clutch send torque to the six-speed manual rear-mounted transaxle, which transmits it to the wheels through a limited-slip differential with enlarged ring-and-pinion gears.
7.0-liter V8
505 horsepower @ 6300 rpm
470 lb.-ft. of torque @ 4800 rpm
EPA city/highway fuel economy: 15/24
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Year | Vehicle Depreciation* | Resale Value | Trade-In Value | ||
---|---|---|---|---|---|
2022 | + $2,425 | $22,479 | $21,321 | ||
2023 | $1,915 | $20,564 | $18,775 | ||
2024 | $837 | $19,727 | $17,477 | ||
Now | $324 | $19,403 | $17,163 |
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2-Year Forecasted Depreciation
*Depreciation for the last 12 months of the private party resale value.
Annual Depreciation is an estimation of what your vehicle's value might be over time based on an average of similar vehicles. Estimations are calculated by comparing Kelley Blue Book Private Party Values of vehicles similar to yours over time, as well as forecasts from Manheim Auction data comparing current and projected auction values against current Kelley Blue Book Private Party and Trade-In Values. This is not a guarantee of actual depreciation. Local weather conditions, market factors and driver performance will also impact your vehicle's actual depreciation.
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Curb Weight | 3246 lbs. | ||
---|---|---|---|
Fuel Capacity | 18.0 gallons | ||
Front Head Room | 37.9 inches | ||
Front Leg Room | 43.1 inches | ||
Max Seating Capacity | 2 | ||
Overall Length | 174.6 inches | ||
Front Shoulder Room | 55.2 inches | ||
Trunk or Cargo Capacity | 11.0 cu.ft. | ||
Turning Diameter | 39.0 feet | ||
Wheel Base | 105.7 inches | ||
Width with mirrors | 72.6 inches |
Alloy Wheels | Available | ||
---|---|---|---|
Fog Lights | Available | ||
HID Headlights | Available | ||
Number of Doors | 2 doors | ||
Rear Spoiler | Available |
City | 15 mpg | ||
---|---|---|---|
Highway | 25 mpg | ||
Combined | 18 mpg |
Drivetrain | RWD | ||
---|---|---|---|
Transmission Type | Automatic | ||
6 speed | Available | ||
Recommended Fuel | Premium | ||
Limited Slip Differential | Available |
Horsepower | 430 @ 5900 RPM | ||
---|---|---|---|
Torque | 424 @ 4600 rpm | ||
Engine | V8, 6.2 Liter |
Basic | 3 years / 36000 miles | ||
---|---|---|---|
Powertrain | 5 years / 100000 miles | ||
Corrosion | 6 years / 100000 miles |
Used 2008 Chevrolet Corvette | Used 2017 Volkswagen Beetle | Used 2017 BMW 4 Series | Used 2019 Buick Cascada | ||
---|---|---|---|---|---|
Price | $22,594 | $20,583 | $20,285 | $20,677 | |
KBB.com Rating | N/A | 3.7 | 4.2 | 4.0 | |
Consumer Rating | 4.8 | 4.3 | 4.7 | 4.7 | |
Fuel Economy | City 15/Hwy 25/Comb 18 MPG | City 24/Hwy 33/Comb 28 MPG | City 21/Hwy 29/Comb 24 MPG | City 21/Hwy 29/Comb 24 MPG | |
Fuel Type | Gas | Gas | Gas | Gas | |
Safety Rating | N/A | N/A | N/A | 5.0 | |
Seating Capacity | 2 | 4 | 4 | 4 | |
Basic Warranty | 3 years or 36000 miles | 3 years or 36000 miles | 4 years or 50000 miles | 4 years or 50000 miles | |
Horsepower | 430 @ 5900 RPM | 170 @ 4800 RPM | 320 @ 5500 RPM | 200 @ 5500 RPM | |
Engine | V8, 6.2 Liter | 4-Cyl, Turbo, 1.8 Liter | 6-Cyl, Turbo, 3.0 Liter | 4-Cyl, Turbo, 1.6 Liter | |
Drivetrain | RWD | FWD | RWD | FWD |
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Yes, the 2008 Chevrolet Corvette is a good car. Its Kelley Blue Book rating of 0 out of 5 is within 10% of our average rating.
The 2008 Chevrolet Corvette is rated to return city/highway fuel economy of 15/25 mpg.
Used 2008 Chevrolet Corvette prices currently range from $22,594 for the Convertible 2D to $35,525 for the Z06 Coupe 2D when purchasing from a dealership, depending on a range of factors like equipment, mileage, and condition.
The cheapest 2008 Chevrolet Corvette is the Convertible 2D, with a Kelley Blue Book Fair Purchase Price of $22,594.
The 2008 Chevrolet Corvette is part of the 6th-generation Corvette, which our owners give an above-average reliability rating of 4.8 out of 5.