How much money will I lose if I buy a Z51 vs waiting for a ZO6?
#1
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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
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
#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.
#3
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St. Jude Donor '12-'13-'14-'15-'16-'17
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.
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.
#5
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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.
#6
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.
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.
#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.
#8
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St. Jude Donor '12-'13-'14-'15-'16-'17
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.
#9
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St. Jude Donor '11-'12-'13, '16-'17-'18
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 $$
Bah....
I can build out my Z51 for more power for less $$
I can replace body panels, wheels and tires for less $$
I can upgrade suspension for less $$
Bah....
#11
#13
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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.
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.
#15
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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.
#16
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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.
#19
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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.
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.
#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
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