huskychopper

What does this group think is going to happen to C6 Z values, especially at the end of this summer, when the C7 Zs arrive and now that the C7s base cars are on the street? Are we going to see big drops like the C5 Zs?

crAzy

No. It will stay in the $30's and up.

z06 driver

I think they will continue to depreciate slightly with time, as all cars do. But not because of the 2015 z06 arrival.

TRSCobra

I've been looking at used C6 Z's for almost 3 years and they consistently seem to stay in the low $40k range for a low mile '06-07 model. You can find some higher mileage cars for around $35k, though.

RFZ

zr1 will take bigger hit

Too-Fast

You may be right, but I am not so sure, it will still be a ZR1, its iconic. I think they will all continue to depreciate at the standard rate and then at 20-22 years old, if low miles and in mint condition will stabilize, unless combustion engines disappear and there are no more fossil fuels. look at the C3 1980's, a mint low mileage 1980-82 is now selling for more than what it listed for new, and it has been that way for at least 7 years now.

Racingswh

I was in the market for a C6Z for my wife and there is nothing soft about the market for a nice one. An unbelievable amount of car for the money. She will love it even though she's a bit apprehensive.

forg0tmypen

Ive said this before and I got flack for it, but I feel like the Z06 is an iconic car and will hold value for years to come. What else can you get for $40,000 that has 505hp stock, massive brakes, weighs 3,100+ lbs and has a 7l V8 that revs to 7,100 and is $2k away from beating 90% of all cars ever made with a heads and cam package? Yea... Now the ZR1, while more exclusive, is too similar to the new C7Z and I believe that that is the car that the new Z will hit the hardest. Just my opinion of course.

Bill Dearborn

That is hard to believe. Those cars were a ghost of the first C3s and weren't worth anything when new. Overweight, under powered and gaudy. I can't believe anybody would pay more than $1K for any of the cars from 74 through 82 no matter how few miles they had on them. The early C3s were some romping, stomping cars that could run like hell, corner well and were just bad *** but the later ones just turned into so so GT cars.

Bill

JUSTAC6

When people see how high the premium is on the c7 Z, a budget minded person will probably opt for a ZR1. Don't get me wrong, the C7 is going to be a beast but for 30 grand less you can get a very low mileage ZR1 maybe even a new one, I'm sure from those savings you can do some interior upgrades and small bolts on that will solve the problem of having last years model.

Edit: this is assuming that a nicely optioned C7 Z06 is going to go for 100k which I'm sure isn't very far fetched if it's competing with the new viper which is on average 110-115k

Rock36

This is true, but $14,000 doesn't go as far in 2014 as it did in 1980. You're not exactly going to break even.

huskychopper

I've been looking at 08 and 09 cars to buy and finding the same numbers, low to mid $40s for low milage cars. I just wonder if those cars will get pushed down into the mid $30s when some of the base c7 cars hit the used market. I don't want to set myself up for a $10k hit (if I decide to upgrade in two years or so...) that in my mind should be a $5k hit if there isn't some hyper-depreciation from the C7s

LS9Drew

Don't see the c6z dropping much since at 40k it's not really in the same price range as a C7Z that is prolly gonna be almost 100k starting so it's not really the same market. ZR1s will prolly take a hit but mainly the 11-13s that are still bringing in 80+k, prolly plateau around low to mid 60s

Too-Fast

I agree, they were all those things, however they are selling at what they were new, if very low mile, original condition.

Silver05GTO

I always thought the "bottom" of the C6Z market would be low 30's...very high 20's. They will never go below that, so anyone buying one in the 30's now can enjoy the car for many years and hardly lose any money.

I think one of the best values these days is a C5Z, they will soon see an uptick in value as far as Z vettes go.

rockinSeat

I'm hoping the CAFE standards help our cause (of keeping c6z prices up). Also FYI, mototrend mentioned a twin turbo lt4 going in a upcoming Cadillac and the next zr1.

nuck

It will be interesting. Production of the C6z was about the same total as the C5z and the C6 Z51 especially with the LS3 was a match for the C5z performance. The new Z51 doesn't outstrip the outgoing Z in the same way, but the other upgrades in the C7 present a pretty desirable package. I think the hit will be the same, in proportion to the original sticker price. The price threshold for the C7z suggests to me ZR1 sales numbers or a little better, but the extreme performance is offset by the ragtop and auto options so there will definitely be a lot of these bought by people with no actual use for a hypercar, especially in year one. I don't see this latter demographic being a lot of current Z owners but who knows? I bought my 07 used but those who bought new in the last couple of years will feel it a lot more.

momo20

I have been watching C5Z values as well as C6Z values as we have both 2003 Z06 and an 2008 Z06..nice examples of the C5Z are still in the mid to high 20k range with I would not use poor examples but higher mileage ones dropping in the 15k to 19k range, now for the C6Z I have yet to see one go for 30k, if there was one I missed it,lol..the C6Z are mid to high 30k range being 06-07 cars with the 08 and ups taking the 40k and higher ranges,

Rock36

It really depends on the price of the new C7Z06 I think. The cheaper the C7Z06 the more it will impact used Z values

I think '11-'13 C6Zs will depreciate a little faster than normal until they generally catch up with the other '06-'10 C6Zs, except for maybe Z07 packages.

I also think the 06-10 C6Z06s will remain pretty solid, and depreciation will not be significantly impacted overall, because a used '06-'10 C6Z06 at ~$40k is already a compelling value at a price well below a C7Z51 and way below the new C7Z06

Used C6ZR1 values will have to fall comfortably below whatever the C7Z06 will MSRP at.

nuck

I think the ZR1 took its hit early in the production series. They were depreciating like a regular Vette and never quite hit the rarity sweet spot that we maybe expected. I know I was surprised at what they were selling for long before the the new Z06 was on the radar. Now you can fin 09s and 10s for under 70k so maybe the Z06 has already started to squeeze them down. Keep in mind though a lot of the ZR1 buyers picked up their cars to look at them so the performance of the new Z isn't the carrot it might be.