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By KBB Editors
Updated December 23, 2019
There are a million reasons to want the 2012 Chevrolet Corvette. They range from good ol’ nostalgia to the basic need for a pure adrenaline rush. We don’t say this about many cars, but if there is one car you should own at least once in your life, it’s the Chevrolet Corvette.
Fans of foreign sports cars, such as the Porsche 911 and BMW Z4, are rarely convinced to consider the Chevrolet Corvette. Also, those accustomed to highly tailored interiors found on exotic Italian sports cars probably will find the 2012 Chevy Corvette a bit lacking in refinement.
While the base Corvette and Corvette Grand Sport trims receive some minor interior upgrades, the big news for the 2012 Chevrolet Corvette is found on the Corvette Z06 and Corvette ZR1 models. The Corvette Z06 is available with an enhanced Z07 Performance Package with race-track-ready Michelin Pilot Sport Cup tires and a new Performance Traction Management system, which manages torque delivery to put all that power to the pavement. The Corvette ZR1 receives these same upgrades in the new PDE performance package.
There is only one Chevrolet Corvette. It’s an American original that has weathered the best and worst of times. The 2012 Chevrolet Corvette offers even more driving enthusiasts to love. With horsepower and handling to rival some of Europe’s greatest super cars, the made-in-America 2012 Chevrolet Corvette continues to offer superior performance at a fraction of the price of those super cars. The 2-seat 2012 Chevrolet Corvette comes in a number of flavors. These range from the basic coupe and convertible, which start just above $50,000, to the supercharged 638-horsepower Corvette ZR1, a track star that tops the $100,000 mark. In between are the Corvette Grand Sport, which is available as a coupe or convertible, and the 7-liter, 505-horsepower Corvette Z06. All versions are available in 2012 Chevrolet Centennial Edition trim, which features "Carbon Flash Metallic" paint and special bodywork pieces. Hardcore Corvette fans will notice that the Corvette coupe and convertible and Corvette Grand Sport coupe and convertible are available in four trim levels, from 1LT to 4LT. While the Corvette Z06 and Corvette ZR1 are not available as convertibles, the Corvette Z06 is offered in 1LZ, 2LZ and 3LZ trim levels, with the Corvette ZR1 offered either in 1ZR or 3ZR trims.
The Kelley Blue Book Fair Purchase Price for any individual used vehicle can vary greatly according to mileage, condition, location, and other factors, but here's a general idea of what buyers are currently paying for used 2012 Chevrolet Corvette models when purchasing from a dealership.
Original MSRP | KBB Fair Purchase Price (national avg.) | |||
---|---|---|---|---|
$51,825 | $24,463 | |||
$57,520 | $27,629 | |||
$58,920 | $28,468 | |||
$62,240 | $29,563 | |||
$76,575 | $40,075 | |||
$113,500 | TBD |
For reference, the 2012 Chevrolet Corvette originally had a starting sticker price of $51,825, with the range-topping Corvette ZR1 Coupe 2D starting at $113,500.
The 2012 Chevrolet Corvette is a genuine driver’s car. Thanks to a host of high-tech electronic performance enhancements, the C6 Corvette rounds corners and responds quicker than any previous Corvette. The 6.2-liter V8 engine is never short on power, requiring only a slight tap of the accelerator to release its fury. You don’t need to have muscle to handle this muscle car because the 2012 Chevy Corvette coupe’s power steering turns with little effort yet returns excellent on-center feel and guidance. All three of the suspension packages – a base system, Magnetic Ride Control and the Z07 Performance package – are designed to satisfy a wide range of driving styles, from the casual weekend cruiser to the hard-core track enthusiast. In the sport mode the Corvette grabs the pavement with tenacity, and in touring mode it soaks up road harshness like a large luxury sedan.
While we are certain that the 2012 Chevrolet Corvette can compete on almost any race track with almost any competitor, its interior does not compete as well. Even with the partial microfiber suede coverings provided in the new Chevrolet Centennial Edition, the Corvette’s cockpit seems more Camaro-quality than Audi or BMW. It’s not a horrible interior, but it does speak to the Corvette’s Chevrolet roots. A handsome Custom Leather-Wrapped Interior Package (part of the 4LT Package) is well worth the extra cost, adding a dash of elegance to Chevrolet’s road warrior. The newly designed front seats add additional side support and remain fairly comfortable even on long drives. One must remember, however, that this is a V8-powered performance car, so those looking for Lexus-like quiet in the cabin will be in for a rude awakening.
The 2012 Chevrolet Corvette coupe is unlike any Corvette before it, yet it retains a familiar look. That’s because this sixth-generation Corvette draws inspiration from the 1968 C3 design, although this model has exposed headlamps and much shorter front and rear overhangs. The Corvette Grand Sport model borrows many of the design elements from the Corvette Z06, creating a thrilling-looking coupe for around $55,000. A traditional feature that is standard on the Corvette coupe is the removable body-colored roof panel, which is also available in tinted glass. There is even a package that offers one of each. The ultimate in Corvette design is the 2012 Chevrolet Corvette ZR1, a super-car edition that adds its own unique body panels, and a combination of 19-inch front wheels and 20-inch rears, among other features.
6-Speed Transmission
Chevrolet’s latest short-throw 6-speed manual transmission makes the shifter in past Corvette models feel like something pulled out of a 1966 Chevy pickup.
Keyless Access with Push Button Start
Keep your keys in your purse or pocket. When you approach the car, you simply reach for a touch-panel in the door handle and the vehicle starts up with the press of a button.
The 2012 Chevrolet Corvette coupe features a 430-horsepower, 6.2-liter V8 engine, 6-speed manual transmission, traction control, limited-slip rear differential, 4-wheel anti-lock disc brakes (ABS), side-impact airbags, xenon headlamps, AM/FM stereo with CD/MP3 capability, auxiliary input jack, SiriusXM satellite radio, OnStar, color-keyed removable roof panel, dual-zone air conditioning, Driver Information Center (DIC), keyless access with push-button starter, leather seats, 6-way power driver’s seat, cruise control, leather-wrapped tilt steering wheel and 18- and 19-inch front and rear alloy wheels, respectively. The Corvette Grand Sport adds wider fenders, special wheels, revised suspension settings, Z06-style front splitter and rear spoiler, larger brakes and specific manual transmission gear ratios. (Specific rear-axle ratios are available on automatic-transmission models.) The Z06 adds a race-inspired 505-horsepower, 7.0-liter V8, revised front end, wider rear fenders, 18-inch front and 19-inch rear 10-spoke wheels and a track-inspired suspension. The ZR1 brings a 638-horsepower supercharged 6.2-liter V8 and a 205-mph top speed.
Options include a paddle-shift 6-speed automatic transmission, Head-Up Display (HUD), Bose audio with 6-disc in-dash CD/MP3 player, power tilt/telescoping steering wheel, Turn-by-Turn and DVD navigation, Magnetic Selective Ride Control, dual-mode exhaust system, transparent roof panels and polished alloy wheels. Also available is the Custom Leather-Wrapped Interior Package, which adds padded door armrests, custom embroidery on the dash and headrests and two-tone leather-wrapped pieces to the upper and lower instrument panel, door pads and seats. A new Chevrolet Centennial Edition package is similar to the Leather package, but includes suede-like inserts and custom Carbon Flash Metallic paint. The Corvette Z06 offers a number of performance enhancement options including the Z07 Performance Package which adds Brembo ceramic brakes, Magnetic Ride Control, larger Michelin Pilot Sport Cup Zero Pressure track-ready tires Performance Traction Management and 20-spoke wheels (19-inch front and 20-inch rear). The CFZ Carbon Fiber Package includes a black carbon fiber splitter and a ZR1-style full-width rear spoiler.
Although there is no denying the pleasure a 430-horsepower (436 horsepower with the optional dual-mode exhaust) V8 delivers, with the 2012 Chevrolet Corvette has a certain lack of refinement. The 6.2-liter LS3 small-block V8 feels gruff at idle and roars loudly when pressed into action. It’s a purely American feel that instantly takes one back to the late 1960’s muscle car era. Porsche and Jaguar lovers will probably never like this engine, but they can’t easily overlook its tremendous performance potential, either. The Z06’s 7.0-liter V8 pushes the level of performance and refinement into the realm of the European supercars. The Corvette ZR1’s supercharger allows its 6.2-liter V8 to produce an incredible 638 horsepower and 604 lb-ft of torque.
6.2-liter V8
430 horsepower @ 5,900 rpm (436 with optional exhaust)
424 lb-ft of torque @ 4.600 rpm (428 with optional exhaust)
EPA city/highway fuel economy: 16/26 (manual), 15/25 (automatic)
7.0-liter V8
505 horsepower @ 6,300 rpm
470 lb-ft of torque @ 4,800 rpm
EPA city/highway fuel economy: 15/24
6.2-liter supercharged V8
638 horsepower @ 6,500 rpm
604 lb-ft of torque @ 3,800 rpm
EPA city/highway fuel economy: 14/21
Login or create a new account to see your vehicle depreciation forecast data.
Year | Vehicle Depreciation* | Resale Value | Trade-In Value | ||
---|---|---|---|---|---|
2022 | + $2,850 | $25,593 | $24,239 | ||
2023 | $2,176 | $23,417 | $21,567 | ||
2024 | $1,340 | $22,077 | $18,816 | ||
Now | $803 | $21,274 | $17,975 |
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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 | 3239 lbs. | ||
---|---|---|---|
Fuel Capacity | 18.0 gallons | ||
Front Head Room | 37.7 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. | ||
Wheel Base | 105.7 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 2012 Chevrolet Corvette | Used 2019 Volkswagen Beetle | Used 2014 BMW Z4 | Used 2014 Mercedes-Benz SL-Class | ||
---|---|---|---|---|---|
Price | $27,629 | $25,658 | $24,207 | $25,132 | |
KBB.com Rating | 3.9 | 3.6 | 3.7 | 3.6 | |
Consumer Rating | 4.8 | 4.3 | 4.6 | 4.6 | |
Fuel Economy | City 15/Hwy 25/Comb 18 MPG | City 26/Hwy 33/Comb 29 MPG | City 17/Hwy 24/Comb 20 MPG | City 18/Hwy 25/Comb 20 MPG | |
Fuel Type | Gas | Gas | Gas | Gas | |
Seating Capacity | 2 | 4 | 2 | 2 | |
Basic Warranty | 3 years or 36000 miles | 6 years or 72000 miles | 4 years or 50000 miles | 4 years or 50000 miles | |
Horsepower | 430 @ 5900 RPM | 174 @ 5000 RPM | 335 @ 5900 RPM | 429 @ 5250 RPM | |
Engine | V8, 6.2 Liter | 4-Cyl, Turbo, 2.0 Liter | 6-Cyl, Twin Turbo, 3.0 Liter | V8, Twin Turbo, 4.6 Liter | |
Drivetrain | RWD | FWD | RWD | RWD |
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2012 Chevrolet Corvette city/highway fuel economy ratings range from 14/21 mpg to 15/25 mpg, depending on trim and equipment.
Used 2012 Chevrolet Corvette prices currently range from $27,629 for the ZR1 Coupe 2D to $40,075 for the Z06 Coupe 2D when purchasing from a dealership, depending on a range of factors like equipment, mileage, and condition.
The cheapest 2012 Chevrolet Corvette is the ZR1 Coupe 2D, with a Kelley Blue Book Fair Purchase Price of $27,629.
The 2012 Chevrolet Corvette is part of the 6th-generation Corvette, which our owners give an above-average reliability rating of 4.8 out of 5.