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Old 04-26-2014, 09:34 PM   #1
Tennis & Golf Nut
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Default How much money will I lose if I buy a Z51 vs waiting for a ZO6?

I'm going to put a deposit down on a ZO6 with ZO7 option, but I'm guessing with the backlog I may not get one until 2016

Plus I'm NOT going to pay over MSRP so I will wait it out.

In addition, I really want different colors for my ZO6 then what I see them offering at the moment. So far, I'm really not head over heals with any of the colors, although I do like the blue.

I also don't want to buy the 1st model year. I'm guessing the 2016 will have a few more upgrades and maybe a few ponies more.

I really don't want to wait up to 24 month to get into a C7.

I'm thinking about getting a C7/Z51 and adding a Supercharger, approx a $7k increase in price (stock HP won't cut it for me).

Any idea how much money I would lose when I go to sell my C7?

Thanks

P.S. My other option was to buy a used Z06 and hopefully lessen the depreciation factor. But I really want the C7
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Old 04-26-2014, 09:48 PM   #2
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I bought a non Z51 while I wait for the Z06. who cares about the money, bob. live your life.
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Old 04-26-2014, 09:59 PM   #3
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They all depreciate. There's not enough history yet on C7s for sale or trade to make a guess about how much or how fast they depreciate.

If you really want a C7 as you say you do, buy one and quit worrying about what may or may not happen in the future.
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Old 04-26-2014, 09:59 PM   #4
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a likely loss of 25%--35% plus the cost of your modifications...YMMV !
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Old 04-26-2014, 10:05 PM   #5
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Quote:
Originally Posted by Steve_R View Post
They all depreciate. There's not enough history yet on C7s for sale or trade to make a guess about how much or how fast they depreciate.

If you really want a C7 as you say you do, buy one and quit worrying about what may or may not happen in the future.
I know they all depreciate.

But I won't have the C7 ZO6 for 18-24 months. In the interim I wanted to buy a New C7/Z51 and add a supercharger.

If I lost $20k I'll probably go for it. But more than 25k and I need to rethink this.

Once I get the C7 ZO6 I plan to keep it for many years. I could care less what happens in regards to depreciation. I'll probably just give it to my son.
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Old 04-26-2014, 10:08 PM   #6
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Estimates regarding depreciation losses on a aftermarket supercharged Z51 will vary widely. Antidotal figures will be all over the place.

If you want more financial predictability, I suggest something like a factory modified to supercharger setup like offered by Lingenfelter. Will have a warranty so you can find someone to short term lease it to you. Since your profile says you're an entrepreneur, a lease should work well for tax reasons. And the time line works well with the plans you spoke of.

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Old 04-26-2014, 10:10 PM   #7
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you will lose less than 20k. even less if you sell it for retail rather than taking the trade in price.
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Old 04-26-2014, 10:12 PM   #8
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I'd say you'd lose less than $20k if you don't count the supercharger, which is a bit of a wild card for resale value. It won't be worth near the $7k you paid for it and it might even scare away some potential buyers.
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Old 04-26-2014, 10:31 PM   #9
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ZO6?

I can build out my Z51 for more power for less $$

I can replace body panels, wheels and tires for less $$

I can upgrade suspension for less $$

Bah....
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Old 04-26-2014, 11:11 PM   #10
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I don't think you're buying anything, lol.
S.
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Old 04-26-2014, 11:37 PM   #11
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Quote:
Originally Posted by KenHorse View Post
ZO6?

I can build out my Z51 for more power for less $$

I can replace body panels, wheels and tires for less $$

I can upgrade suspension for less $$

Bah....
Highly unlikely. Hell, Calloway wants $22k for a supercharger with a warranty and some tack on cosmetics.
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Old 04-26-2014, 11:43 PM   #12
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Quote:
Originally Posted by Steve_R View Post
I'd say you'd lose less than $20k if you don't count the supercharger, which is a bit of a wild card for resale value. It won't be worth near the $7k you paid for it and it might even scare away some potential buyers.
How can I not count the supercharger? It's 7k Installed.
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Old 04-26-2014, 11:47 PM   #13
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Quote:
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I don't think you're buying anything, lol.
S.
I'm getting the Z for sure. It's just a matter if I'm willing to go without a Vette until then.

I sold my Vette and have nothing but a boring daily driver.

I can't believe there is a one year lag from the intro at the auto show to the first delivery. Seems like forever.
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Old 04-26-2014, 11:51 PM   #14
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another solution: you can by a used 2005--2007 C6 now for the right price, drive it for 18+ months,
and likely not lose much money when you trade it/sell it to get the C7 Z06...
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Old 04-26-2014, 11:55 PM   #15
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Quote:
Originally Posted by KenHorse View Post
ZO6?

I can build out my Z51 for more power for less $$

I can replace body panels, wheels and tires for less $$

I can upgrade suspension for less $$

Bah....
Not so sure about that. The 2015 Z has a Supercharger, and according to Chevy the "minimum HP will be 625". From what I can see the Z will have an Eaton supercharger which should produce some nice power.

Plus I'm sure it will be de-tuned so we can crank up the power once the warranty is exhausted. I plan to keep the car for a long time unless some new radical Vette comes out that makes me want one.

The Z has so many more features than a regular Z that I can't list all here. The Z is also wider and longer I believe.

How could you possible duplicate that?

In addition I want a car that years from now I can say was a Real ZO6.

These HorsePower Wars will end one day with all the new EPA crap. I want to have a Z in my garage before the party's over.
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Old 04-27-2014, 12:00 AM   #16
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Quote:
Originally Posted by Gary '09 C6 View Post
another solution: you can by a used 2005--2007 C6 now for the right price, drive it for 18+ months,
and likely not lose much money when you trade it/sell it to get the C7 Z06...
If anything I will probably buy a C5 ZO6 and beat the heck out of it until the real Z arrives.

I could probably pick up a nice one for about 28k, drive it for 18 months and dump it for a 5k loss, plus rear tires

I think that may be my best option. Plus I can teach my teenage son how to drive a Vette before the real deal comes.

Something tells me in 2016 they will offer some super hot color for the Z and I want it.
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Old 04-27-2014, 12:05 AM   #17
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^ we're both thinking somewhat similarly here...go for it !
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Old 04-27-2014, 12:15 AM   #18
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With your logic, you'll be looking at getting a C8.
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Old 04-27-2014, 12:20 AM   #19
Tennis & Golf Nut
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Quote:
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With your logic, you'll be looking at getting a C8.
I have no idea what that means?

There is a backorder on the Z and most likely it's a year away for the first delivery according to Chevy.

Most likely I will have to order the 2016 unless they make some changes mid 2015 and I can order a Z.

C8 probably won't be for 6 years.
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Old 04-27-2014, 12:44 AM   #20
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[QUOTE=Tennis & Golf Nut;1586758954]I have no idea what that means?

There is a backorder on the Z and most likely it's a year away for the first delivery according to Chevy.

Most likely I will have to order the 2016 unless they make some changes mid 2015 and I can order a Z.

C8 probably won't be for 6 years.[/QUOTE]

I think that was his point lol.. think of it as a "crap or get off the pot" kinda reference LOL
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