C7 Z06 Discussion General Z06 Corvette Discussion, LT4 Corvette Technical Info, Performance Upgrades, Suspension Setup for Street or Track
Sponsored by:
Sponsored by: GEM Motorsports

Pimped by a Dealer

Thread Tools
 
Search this Thread
 
Old 04-26-2018, 02:08 AM
  #1  
Boyeraz
Advanced
Thread Starter
 
Boyeraz's Avatar
 
Member Since: Apr 2018
Posts: 63
Likes: 0
Received 114 Likes on 24 Posts
Default Pimped by a Dealer

I had a 2018 Grandsport and ordered a new ZR1. I got the call saying the allocations fell short on the ZR1 and the deposit was refunded. So I Picked up a new 2019 Z06 from another dealer. I will now enjoy the power of the new Z06 and wait for the new C8. I was all hot on the ZR1 until a-lot of car guys showed me the deprecation of the ZR1. Yes I will lose money on the Z06 but will enjoy the power and fun.... With a-lot less depression then the ZR1.
Old 04-26-2018, 07:19 AM
  #2  
Crunch527
Drifting
 
Crunch527's Avatar
 
Member Since: Mar 2011
Location: Iowa
Posts: 1,379
Received 175 Likes on 111 Posts

Default

please, not another depreciation discussion on 2-door performance cars...
Old 04-26-2018, 08:27 AM
  #3  
dvilin
Team Owner
 
dvilin's Avatar
 
Member Since: Nov 2007
Location: Rochester, NY
Posts: 44,741
Received 7,921 Likes on 4,807 Posts

Default

Enjoy your new Z06 as for depreciation I never give it a thought. It is not an investment so I am not expecting the value to do anything but decline.
Anyhow have fun with your Z.
The following users liked this post:
DAC17 (04-26-2018)
Old 04-26-2018, 08:35 AM
  #4  
spearfish25
Melting Slicks
 
spearfish25's Avatar
 
Member Since: Apr 2016
Location: Naples FL
Posts: 3,083
Received 727 Likes on 479 Posts
Default

It's funny how much people dwell on car depreciation. My TV depreciates a lot faster than my car. So does every other electronic device I purchase. Yes they're smaller dollar items but the result is the same. **** depreciates. If you don't want depreciation, sit on your money and live a boring miserable miserly life. Or enjoy the car and items you want without worrying about how much you'll sell them for later.

Last edited by spearfish25; 04-26-2018 at 08:35 AM.
Old 04-26-2018, 10:28 AM
  #5  
383vett
Race Director
 
383vett's Avatar
 
Member Since: Apr 2003
Location: moraga ca
Posts: 17,570
Received 1,541 Likes on 1,042 Posts

Default

If you buy a Cruze, the dollar amount of depreciation per year will be a lot less.

Last edited by 383vett; 04-26-2018 at 10:29 AM.
Old 04-26-2018, 10:38 AM
  #6  
Always Red Dave
Le Mans Master
 
Always Red Dave's Avatar
 
Member Since: Oct 2005
Location: Plymouth Massachusetts
Posts: 9,460
Received 3,078 Likes on 1,729 Posts
Finalist 2020 C7 of the Year -- Unmodified

Default

Enjoy your Z06 it is fast as hell and better looking than the ZR1 anyways!
Old 04-26-2018, 11:15 AM
  #7  
Boyeraz
Advanced
Thread Starter
 
Boyeraz's Avatar
 
Member Since: Apr 2018
Posts: 63
Likes: 0
Received 114 Likes on 24 Posts
Default

I might’ve messed up, I didn’t mean this to be a depreciation thread. I paid 45 grand less for the Z06 vs the ZR1. I was also able use my GMS discount.

The Z06 I am very happy with the performance and horsepower.
Old 04-26-2018, 11:15 AM
  #8  
davepl
Le Mans Master
 
davepl's Avatar
 
Member Since: May 2000
Location: Redmond WA
Posts: 8,727
Received 1,500 Likes on 987 Posts

Default

Here's how I buy Corvettes:

I write a big check up front and assume that money is GONE forever. I never assume I'll ever get back a penny from any money I "invest" in a sports car.

When I later trade it in, if I get anything for it, I treat it as a bonus.

My C6Z depreciated from 78K to 40K between 2007 and 2015. That was less than 50% over 8 years which I considered pretty spectacular for a Corvette.

I paid 45 grand less for the Z06 vs the ZR1
And you're smart to have done it! You'll never make use of the ZR on the street anyway, and they make the same torque down low. In a year or so that'll be much harder when ZR1s are cheaper and start to become available used.

Last edited by davepl; 04-26-2018 at 11:16 AM.
Old 04-26-2018, 01:00 PM
  #9  
MSG C5
Race Director
Support Corvetteforum!
 
MSG C5's Avatar
 
Member Since: Jul 2008
Location: The Sunshine State
Posts: 16,992
Received 2,673 Likes on 1,479 Posts
2022 C5 of the Year Finalist - Modified
2021 C5 of the Year Finalist - Modified
C7 of the Year - Modified Finalist 2021
Finalist 2020 C7 of the Year -- Modified
2020 C5 of the Year Finalist - Modified
C5 of Year Finalist (appearance mods) 2019
2018 C5 of Year Finalist

Default

Originally Posted by Always Red Dave
Enjoy your Z06 it is fast as hell and better looking than the ZR1 anyways!
I just placed my order for a 2019 Z06/Z07 today.

I waited for the ZR1 to launch and I also waited to see if the 2019 Z06s would have any upgrades, revisions as a result of the new ZR1 model.

Although I would have welcomed a revised front fascia to improve cooling on the Z06, I'm still very happy with my decision. I got a healthy discount off MSRP and the dealers I spoke with weren't budging on ZR1 pricing and in most cases were charging more than MSRP.

I don't worry about depreciation because I plan to keep it awhile or until the C8 and/or mid-engine grows on me. Either way, I've never been the "first in line" guy and prefer to wait a few years for refinements, improvements, new colors, etc. Heck, I bought my C5 vert the summer of 2004 when the C6s were hitting the lot.

In terms of looks, I know all the ZR1 aero and engine changes are necessary to achieve the desired performance results, but to me it seems like the engineering team drank too much Pontiac design cool-aid.

I've seen the ZR1 up close and although it's impressive in it's raw power and attitude, I would have preferred a sleeker design with less bulges.

Just one person's opinion of course as ALL Corvettes (yes even the C4) are great!

Last edited by MSG C5; 04-26-2018 at 01:02 PM.
Old 04-26-2018, 05:08 PM
  #10  
4turbos
Instructor
 
4turbos's Avatar
 
Member Since: Jul 2016
Posts: 150
Received 39 Likes on 31 Posts
Default

as a current owner of 7 corvettes,including a c7 z06,I agree with you/except my very favorite corvettes are a c4 91 zr1 and a 91 areobody cr1 c4/They are fast,with clean lines,and that wonderful clam shell hood/I waited till december 2016 and bought my c7 for 23k under msrp//biggest problem I have is in a year and 1/2 they are building 2019 models//I too am waiting for the mid engine,and hope it gets smaller and lighter//
Old 04-26-2018, 07:18 PM
  #11  
Boba Fett
Race Director
Support Corvetteforum!
 
Boba Fett's Avatar
 
Member Since: Aug 2011
Location: Shits Creek NY
Posts: 10,783
Received 485 Likes on 347 Posts

Default

Originally Posted by Boyeraz
I had a 2018 Grandsport and ordered a new ZR1. I got the call saying the allocations fell short on the ZR1 and the deposit was refunded. So I Picked up a new 2019 Z06 from another dealer. I will now enjoy the power of the new Z06 and wait for the new C8. I was all hot on the ZR1 until a-lot of car guys showed me the deprecation of the ZR1. Yes I will lose money on the Z06 but will enjoy the power and fun.... With a-lot less depression then the ZR1.
ha?
Old 04-26-2018, 10:56 PM
  #12  
GeorgeR_Zed06
Burning Brakes
 
GeorgeR_Zed06's Avatar
 
Member Since: Aug 2009
Location: Southeastern NM
Posts: 770
Received 161 Likes on 127 Posts

Default

Originally Posted by dvilin
Enjoy your new Z06 as for depreciation I never give it a thought. It is not an investment so I am not expecting the value to do anything but decline.
Anyhow have fun with your Z.
this is by far the best way to put it when talking depreciation #'s!!!

to me, it's just a toy...
Old 04-26-2018, 11:24 PM
  #13  
cvp33
Melting Slicks
 
cvp33's Avatar
 
Member Since: Sep 2005
Location: RACE TRACK USA
Posts: 2,770
Received 1,050 Likes on 660 Posts

Default

Depreciation is not that big of a deal. Bought mine new, 2016 3LZ, 7 speed, dual roof, C/F interior for $74K. No money down, financed at 1.99 for 72mos. Currently owe $52K and have 17K miles. KBB trade in is $65K. I wouldn't worry about it.

Get notified of new replies

To Pimped by a Dealer




Quick Reply: Pimped by a Dealer



All times are GMT -4. The time now is 10:21 PM.