Chevrolet is giving Corvette owners $5,000 just to hang onto their car for an extra year. Here’s what it tells us about the broken used car market

Chevrolet is giving Corvette owners $5,000 just to hang onto their car for an extra year. Here’s what it tells us about the broken used car market

Chevrolet has a problem: the used car market is so lucrative that its customers are turning a profit by flipping their little red corvettes, and it’s making the Detroit giant seem like it’s price gouging. So how does a $5,000, uh, incentive sound to keep those flips unflopped? The General Motors unit is prepared to …

Chevrolet is giving Corvette owners $5,000 just to hang onto their car for an extra year. Here’s what it tells us about the broken used car market Read More »