GM Updates Corvette Retention Policy – What Vermont Buyers Need to Know

2024 Chevrolet Corvette E-Ray showcased on the showroom floor at Central Vermont Auto Mart in Montpelier, Vermont

It has been reported that General Motors has announced an important update to its Corvette ownership retention strategy, moving away from the strict 12-month minimum ownership period that applied to certain 2025 models-most notably the Corvette ZR. Earlier this year, GM issued a mandatory one-year retention requirement to discourage flipping and ensure that limited-production performance models reached genuine enthusiasts rather than speculators. They also included restrictions on Z06 and E-Ray models.

However, according to GM's newest guidance, the company is transitioning to a more flexible and incentive-based policy going forward. Instead of a blanket 12-month hold, GM will introduce a tiered retention structure that influences owner rewards, allocation priority, and access to special programs. While GM still recommends holding high-demand Corvette models for a meaningful period of time, the updated policy removes the strict penalties that previously applied to early resales.

This adjustment reflects feedback from dealers and Corvette owners nationwide, many of whom supported GM's goal of curbing excessive flipping but sought a more balanced approach that accounts for real-world circumstances. GM has emphasized that it will continue refining the policy as additional Corvette performance models roll out over the next several years.

For readers who want background on how the original policy worked, we encourage you to visit our earlier article explaining the initial 12-month retention rule and its impact on 2025 Corvette ZR1 buyers. GM Issues 12-Month Retention Policy for ZR1 Corvette

At Central Vermont Auto Mart in Montpelier, we stay on top of these industry updates to help our customers make confident buying decisions. Whether you're a Corvette enthusiast or simply looking for a great used car for sale in Vermont, our team is here to help. And if you're in the Barre-Montpelier area, stop in and check out our stunning 2024 Corvette E-Ray convertible currently for sale and showcased on our showroom floor-an electrified performance masterpiece you won't want to miss.