js59

Sitting at my kitchen table and I just heard a commercial for a new Corvette 427 (2013) from a local dealer - you know . . . the cheesy ones where they roll the cars up and talk about the "today only" price...

Anyway, the car stickered for over 92k and they said the price is 68k. Further, he said "just make me an offer and we will make a deal" - so he is obviously willing to take less. I'm guessing you would get close to 30k off on this thing - and the used ones online are listed for more than even the 68k asking price. Ouch.

There has been a lot of discussion about the Z06 impact on prices of C7s, C6 Z06s, etc. but not much on the 427 impact. Anyway, I thought this was worth sharing.

Snorman

Yep...it's going to have an impact on all of them especially those cars that have not been in demand, and anybody who thinks otherwise is in denial.
S.

dvandentop

buy early in the product cycle or if you buy later in it's life you will get stuck with huge depreciation over sticker happens everytime any new models come out

dwward

It's interesting that a 'new' 427 would still be available.

I read in my corvette club's newsletter of a member who bought a brand new 427 in early July from an Iowa dealer. I don't know how a car can sit on a dealers lot -- and more importantly, floor plan -- for so long. I would think that once the C7s started showing up, they would have discounted and moved the car then.

camirocz

Buy them up, they re all cheap, lets go fire sale.

o2baZR1

who's the dealer? if it's true that a new 1SC 427 is available for $62 or 63K, IMO that's worth looking into.

in San Jose, Ca the dealership that used to be Courtesy Chev (just changed their name...possibly to dump a bad reputation from their past 8 years or so of continually worsening service) has two new 1 SC with right about 92K msrp. the lowest they've been willing to go is about 71-72K.

individual dealers do whatever the hell they choose to do or not do and there will always be a few that have something far out of the ordinary going on. Hell, there's a ford dealership in San Jose that still has a new 2008 GT500KR with an 82K+ tag on the window. it sat there with no reduction whatsoever while the '13 and '14 GT500's with far superior performance came and went, even some with ADM's as high as 25K tacked onto the msrp.

ibleedgreen

So what's the big deal here?

Hendricks bought all the remaining C6s from GM to sell at a loss. Because they can move the units. 2013 is old news...you really think a dealer is even remotely getting close to MSRP on a 2013? That has jack squat to do with the used C6 427 market. The C6Zs will hold their own. But prices fall, not always do to incoming models but time in general. We are talking about a car released in 2006, lol.

ibleedgreen

Also it's almost pointless to comment or make opinions if you've never own the 427. It's in a league of it's own!

js59

The price of new, zero mile 427s has no impact on used prices?... Not sure i follow that logic...

js59

The 427 WAS in a league of its own. Now there is a convertible on block that will whoop its tail.

ibleedgreen

Uh, ok sure, it may have an affect on a used 2013...maybe. Not really at that price. But not the entire gen of Zs.

Still is my friend. Throw a whimpy 9psi on your 427 and see where the new Z stands, apples to apples. Granted I'm buying a C7Z yet the C6Z I just sold in April would put a smack down on the new car. Weighed less and had more power. But the mods will begin right away on the new Z as well, it's all relative.

Paulchristian

The C7Z is amazing, but there IS a price-point where I can see abandoning ship into on a low mileage used ZR1 C6ZO6/ZO7 or 427 convertible.

Take a C6ZR1 for example. If I can get into a low mileage 2011 or 2012 for $60k-65k, that is about a $20,000+ savings over my C7 Z build.

Is the C7 Z a better car? Yes. Absolutely. However, for those who still admire the ZR1, the marginal return above and beyond what the ZR1 offers is not worth the $20k+ premium.

For me, at 60k-65k, I would lean towards a 2011-2012 ZR1 over the C7 Z. From the way these allocations are working out, a ZR1 is looking like a bigger and bigger possibility each day as it is becoming more evident to me that my C7 Z will not arrive for some time.

Since I have to wait, you can bet I will absolutely be keeping an eye out for a ZR1.

js59

Yes. A league of its own. The antique league! The 427 has a not so great track record of reliability without boost. I'm sure it improves a ton with 9 psi. I am in disbelief that you want to have a stock vs. modded discussion. Jesus.

ibleedgreen

^^^Exactly right. And that number is already here on the ZR1.

Old Boot

Sure I'll churp in on this one. I bought the car in my avitar as the C7s hit the showroom floor Its the 60th yadda yadda with carbon and and. List was in the 92 range, price was about 20K less off the show room floor.
So it doesn't surprise me that a used car place advertized one for 60s now. I'm sure it has some miles on it so it's used.
And yes it does go fast js59 ,faster then my 2012 noticably. I would expect the C7Z06 to be a better car, but I douldn't pick it up fully loaded off the show room floor for 72K. And for 72K I had alot of reasons to get it instead of the stock C7.
Just sayin, I don't know of any production cars that don't drop in value.
Err whats a 2014 C7 gunna be worth next year?

Old Boot

BTW can't wait for that Mid engine C8 in 2017. Then im gunna upgrade again

Snorman

Maybe you should re-read the original post.
It's a "new Corvette 427" and nowhere does js59 state that it's a "used car place". Nobody is going to pay $68k for a 505 hp Grand Sport convertible.
S.

Old Boot

Will revisit this next year SM when the 2015s are out

Snorman

2015's are out now. And FYI, '14 C7's (what's left of them) aren't selling for ~30% off MSRP.
S.

ZL-1

Interesting thought. Last month a friend of mine did change his plans. He searched for and found a 2013 ZR with the ZR1 performance package. Nice car, under 1000 miles. He was turned off about the weight of the new Z06, claims the ZR has a better power to weight ratio. He says 5.2 lb/hp vs 5.4 lb/hp 3333/638 vs 3524/650. I didn't check his figures but love the look of the new Z06 in spite of the weight.

After 12,000 miles in my C7 I wouldn't want to go back to a C6. But for many guys a reasonably priced ZR is certainly a performance bargain while waiting for C7 Z06 availability and pricing to become reasonable.


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