While we all realize that cars are depreciating assets and therefore lose value with time and usage, many enthusiasts try to do everything possible to slow down this process. Some enthusiasts will go to the extent of covering their car daily, intentionally reduce the usage of their car, or even park their car when its brand new only to never use it for collector value.On the flip side of this, there are a lot of enthusiasts that believe “a car is meant to be driven” and will use their Corvette as if it were a Honda Civic in daily driving conditions. Both groups are very passionate about their opinions and if you ask either party, they will tell you that they are right and the other group is wrong.Whether you preserve your cars or drive your cars, one aspect of vehicle ownership that is sure to rapidly decrease the value of your car is an accident. Unfortunately for the driver of this video, they found out the hard way that while a beautiful black on black C5 may have a strong resale market when it looks great, that is not the case after a severe accident. Judging by the video, this black on black C5 ran right off the road– and into the trees. The impact of hitting the trees was severe enough to thoroughly mangle the front end of the car and deploy both front airbags. Often times, once the airbags deploy, the car gets totaled, which is unfortunate. Without having a video of the actual incident, one can speculate that speed was involved and the car was potentially pushed too far. Sad to see but hopefully they had some great insurance!
via Video: An Easy Way to Decrease the Value of Your Vette – CorvetteOnline.com.
My Note: I’m the guy that drives his corvette like a Honda…only faster!!! Yes they sure did a job on this one but I don’t think they over drove the cars capabilities, more like the driver exceeded his abilities, which is usually the case with hi-performance cars.
Thanks for reading.
Tim
